Stocks making the biggest moves premarket: PARA, NFLX, NOVA
Check out the companies making headlines before the bell. Ulta — The beauty chain slipped more than 1% following a downgrade to hold from buy at Jefferies. Analyst Ashley Helgans…
ULTA, NFLX, AXP, IBTA and more
Check out the companies making headlines in midday trading. Ulta Beauty — Ulta Beauty shares fell 3% after Jefferies downgraded the beauty retailer to a hold from a buy rating,…
Big oil is racing to scale up carbon capture to slash emissions
A standard drilling rig that Chevron will be drilling its first onshore test well for the 14,000-acre Bayou Bend CCUS project is photographed on Thursday, Feb. 22, 2024 in Winnie…
SLB to invest nearly $400 million in carbon capture company
The oilfield services giant SLB, formerly known as Schlumberger, is aiming to accelerate the deployment of carbon capture technology through an investment in Norway’s Aker Carbon Capture. SLB said late…
Oil stocks should be popular like semis, but no one cares: VanEck CEO
Investors may want to consider putting money to work in a lagging part of the market. According to VanEck CEO Jan van Eck, oil stocks are getting a raw deal.…
W, IRBT, SAVE, CELH and more
Check out the companies making headlines in midday trading. Wayfair — Shares of the digital home goods retailer surged 10.3% after the company said it will lay off 13% of…
The consumer will be the key next week with retail sales and more bank earnings on deck
The U.S. consumer will be in focus in the holiday-shortened week ahead with retail sales and bank earnings on deck, as stocks digest this week’s slightly hotter inflation print and…
Energy stocks close to a feared death cross as crude oil tumbles
Several large oil and gas companies are close to sending bearish signals to investors in the form of the dreaded ” death cross ” trading pattern. A stock price makes…
Stocks making the biggest moves midday: SEDG, RF, MRK
Check out the companies making headlines in midday trading. Schlumberger — The oilfield services stock dropped 2.9% after third-quarter revenue missed Wall Street expectations. Schlumberger reported $8.31 billion in revenue…
Seven oil service stocks are buys through year end, Goldman Sachs says
A pool of energy service stocks are likely to rally through year end thanks to fatter profit margins leading to quarter-over-quarter earnings growth and higher price-to-earnings multiples, Goldman Sachs analysts…