Latest in Goldman recommends these energy stocks to play the slump in crude oil
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Schlumberger’s stock slumps as falling oil prices turn customers cautious
Schlumberger’s stock slumps after revenue misses expectations amid “cautious spending” by some international customers as oil prices fell.Business - MarketWatch - October 18 -
Microsoft and these other stocks are the way to play AI now, says Goldman Sachs
So-called “platform” stocks, such as Microsoft and Snowflake are the most attractive part of the AI sector according to Goldman Sachs.Business - MarketWatch - October 14 -
Crude oil tumbles as Middle East fears recede
Demand from China weaker than expected, says International Energy AgencyBusiness - Financial Times - October 15 -
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LVMH stock falls on slumping luxury sales in China
LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter salesBusiness - MarketWatch - October 16 -
Market responds negatively to latest China stimulus moves
Futures on Hong Kong-listed stocks slumped on Friday after the country unveiled its stimulus program.Business - MarketWatch - 18 hours ago -
U.S. crude oil edges lower after worst day in two years
Goldman expects Brent prices to recover to $77 per barrel in the fourth quarter.Business - CNBC - October 29 -
Oil prices lose 2% after China offers little detail on stimulus plans
Oil futures ended lower Monday to give back all of last week’s gains and then some, after a weekend announcement by Chinese authorities failed to provide details on a stimulus plan sufficient to ...Business - MarketWatch - October 14 -
Hungary’s largest oil group attacks western ‘hypocrisy’ over Russian energy
Mol’s links to Moscow have come under scrutiny after Spain’s veto of Hungarian consortium’s bid for train maker TalgoWorld - Financial Times - October 27 -
Trump’s Energy Policies May Be a Mixed Bag for Oil Companies
The president-elect has promised to make it easier to build energy infrastructure and secure drilling leases. But higher production could hurt prices and profits.Business - The New York Times - Yesterday -
Elevance Health’s stock slumps 13% as profit dented by ‘unprecedented’ Medicaid challenges
Elevance Health Inc.’s stock tumbled 13% Thursday and weighed on rivals after the health insurer’s third-quarter profit fell short of estimates amid ”unprecedented” challenges in the Medicaid ...Business - MarketWatch - October 17 -
Trump's wealth slumps by $1.9 billion amid DJT stock plunge
Trump Media & Technology Group's stock, which trades under DJT, is plunging just days before the November 5 election.Top stories - CBS News - October 31 -
Tesla and US bank stocks jump in post-election trades as renewables slump
Companies whose fortunes are closely tied to US economy should benefit, say analystsWorld - Financial Times - 2 days ago -
U.S. crude oil prices fall more than 2% after OPEC cuts demand forecast again
Soft demand in China has weighed on the market for months.Business - CNBC - October 14 -
Russian oil trade is rising with record crude volumes on 'dark fleet' vessels despite sanctions, price cap
Lloyd's List reports record volumes of Russian oil carried on "dark fleet" vessels and sanctioned tankers without known insurance in September.Business - CNBC - October 14 -
Why Saudi Arabia may ‘open the spigot’ on oil production — and crater crude prices
The possibly that Saudi Arabia will lift the “floodgates” on its oil production has climbed in recent weeks, fueled by ”deteriorating cohesion” among the group of major oil producers known as ...Business - MarketWatch - October 14 -
U.S. crude prices fall more than 4% as Israel is not expected to strike Iran's oil industry
The International Energy Agency said Tuesday that its members are prepared to take action if there is a supply disruption in the Middle East.Business - CNBC - October 15 -
Oil prices drop over 4% after report Israel won’t target Iran’s oil facilities
Oil futures dropped by more than 4% on Tuesday, with U.S. and global benchmark prices settling at their lowest in about two weeks after a report that Israel will not attack key oil facilities in Iran.Business - MarketWatch - October 15 -
U.S. crude prices fall more than 4% as Israel is not expected to strike Iran’s oil industry
U.S. crude futures fell more than 4% on Tuesday, after Israel reportedly told the U.S. that it is not planning to strike Iran’s oil facilities, relieving fears that a major supply disruption in the ...Top stories - NBC News - October 15 -
U.S. crude oil falls below $71 per barrel, continuing sell-off
Israel reportedly told the U.S. that it will not strike Iran's oil facilities.Business - CNBC - October 16 -
U.S. crude oil rebounds nearly 2% after selling off last week
Traders increasingly believe Israel-Iran tensions will not lead to an oil supply disruption in the Middle East.Business - CNBC - October 21 -
U.S. crude oil prices rise more than 2%, extend gains to above $72 per barrel
Traders increasingly view a supply disruption in the Middle East due to Israel-Iran tensions as unlikely.Business - CNBC - October 22 -
Oil prices end lower with weekly U.S. crude supplies up by over 5 million barrels
Oil futures settled lower Wednesday as official U.S. data showed an unexpected weekly climb in domestic crude inventories, prompting prices to post their first loss in three sessions.Business - MarketWatch - October 23 -
Sports Direct owner Frasers walks away from Mulberry bid; oil tumbles, dollar rallies – business live
Gold hits record high as conflict in the Middle East prompts investors to seek safe-haven assets. Azerbaijan, the host of the Cop29 global climate summit , will see a large expansion of fossil ...World - The Guardian - October 23 -
U.S. oil posts worst day in two years after Israel spares Iran crude facilities
Oil prices lost ground on Monday after Iranian energy facilities were spared during an Israeli attack over the weekend.Business - CNBC - October 28