Expectations are that Tesla could unveil a less expensive car at its investor day event Wednesday. Novavax stock sinks after the vaccine maker says there is 'substantial doubt' about its ability to continue operating through the year.
2 minExpectations are that Tesla could unveil a less expensive car at its investor day event Wednesday. Novavax stock sinks after the vaccine maker says there is 'substantial doubt' about its ability to continue operating through the year.
2 minCompensation packages for oil executives today pay them more to increase their company’s cash flow rather than its production, a shift from historical patterns.
3 minShoals Technologies, a supplier of electrical systems for solar and EV charging systems, earned 15 cents a share. Wall Street was looking for 9 cents.
2 minArconic stock surged on report of a potential acquisition. Shares of Norwegian fell after the cruise operator provided earnings guidance for the first quarter and full year below estimates.
2 minFor the past two years, Investors have been rewarding big oil companies that increase their dividends and buy back their own shares.
3 minChevron says it will buy back $17.5 billion in shares starting in the second quarter.
1 minWest Texas Intermediate is down more than 3% over the past month.
1 minA quick pivot and a little luck helped Europe get through the first year of Russia's war in Ukraine. Olga Khakova writes on what comes next.
4 minBarron’s screened for energy companies in the S&P 1500 where analysts have increased their full-year earnings estimates over the past month.
3 minJanney Montgomery Scott analyst Sean Milligan upgraded the stock to Buy from Neutral, citing commentary from publicly traded panel installers.
2 minConocoPhillips and Devon are in the red so far this year after boffo runs in 2022. Company insiders just bought up large blocks of shares.
3 minThe Inflation Reduction Act of 2022, with its subsidies and tax breaks, triggered a rush of money into climate-change projects and companies.
Long readWith a cheap stock, strong prospects, and a decent dividend, the Ohio-based utility looks like a good bet for long-term investors.
4 minNatural gas prices recently fell to their lowest level in more than a year. At $75 per barrel, U.S oil is down 39% from its highs last year, approaching its 52-week low.
4 minMoscow is planning to reduce production by half a million barrels a day next month in retaliation against sanctions imposed following its invasion of Ukraine a year ago.
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