The Fed is main event of week that includes jobs report, tech earnings
The Federal Reserve’s latest policy announcement will be the main event for investors in the week ahead, as Wall Street looks for clues on the health of the economy and…
Citi upgrades energy as geopolitical tensions could keep oil prices higher
The energy sector should continue to outperform as oil prices are likely to remain higher for longer on geopolitical risk even without a major escalation in the Middle East, according…
Energy, the new momentum trade? Why its strong gains can increase from here
The energy sector has pulled up from behind to overtake nearly every other sector of the market this year and may still have room to advance, according to analysts. Energy…
Surging oil prices may challenge the Federal Reserve’s inflation fight
Mounting geopolitical tensions stemming from conflict in the Middle East and Eastern Europe have helped drive oil prices to five month highs, challenging the Federal Reserve’s fight against inflation. U.S.…
These oil stocks could be the next takeover targets in Permian Basin
The oil industry is fighting to cash in on limited land in the resource-rich Permian Basin but the acquisition targets are dwindling after a series of major deals over the…
Netflix, SunPower, Adobe and more
Check out the companies making headlines in midday trading. Etsy — The online merchandise platform saw shares rebound more than 4% after a steep sell-off last week. Etsy announced last…
Elliott takes $1 billion stake in Phillips 66, seeks two board seats
Elliott Investment Management has taken a $1 billion stake in Phillips 66 and is seeking as many as two board seats in a push to improve the company’s performance, according…
Marathon, Tesla, Moderna and more
In an aerial view, the Valero Houston refinery is seen on August 28, 2023 in Houston, Texas. Brandon Bell | Getty Images Check out the companies making headlines in midday…
Jim Cramer sees a ‘new king’ in trucking and a ‘golden age’
Morgan Stanley’s decision Tuesday to boost its price target on XPO Logistics (XPO) to $65 a share, from $45, could signal a “new king” in the trucking-and-logistics industry, CNBC’s Jim…
Multnomah County in Oregon sues oil, gas companies for 2021 heat dome
Shanton Alcaraz from the Salvation Army Northwest Division gives bottled water to Eddy Norby who lives in an RV and invites him to their nearby cooling center for food and…