U.S. President Joe Biden delivers remarks as part of his Investing in America agenda, during a visit to Gateway Technical College in Sturtevant, Wisconsin, U.S., May 8, 2024. Kevin Lamarque | Reuters The Biden administration has announced $537 billion in infrastructure investments since the passage of landmark government funding bills, such as the Bipartisan Infrastructure
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In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Visitors inspect a Tesla Model Y car during the 40th Thailand International Motor Expo at the Impact Challenger hall in Nonthaburi. Sopa Images | Lightrocket | Getty Images Tesla has a lot going on. A significant slump in sales, stoking concerns among investors and industry
In this article @LCO.1 @CL.1 Follow your favorite stocksCREATE FREE ACCOUNT Palestinians, including children, collect usable belongings in the heavily damaged buildings after Israeli attacks in Rafah, Gaza on February 12, 2024. Building targeted in the Israeli attacks and surrounding structures were damaged as Israel’s air, land and sea attacks continue on the Gaza Strip.
Natural gas demand will likely outpace expectations as electricity consumption surges from artificial intelligence and data centers, Chevron CEO Mike Wirth told CNBC on Monday. “It’s a little hard to quantify right now because this is evolving so quickly on the AI side,” Wirth told CNBC’s Sara Eisen at the Milken Institute’s Global Conference in
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT A building of Stockholm Exergi in Stockholm, Sweden, Sept. 5, 2022. He Miao | Xinhua | Getty Images Microsoft signed a deal to remove to permanently remove 3.3 million metric tons of carbon dioxide with Swedish energy company Stockholm Exergi, the companies announced on Monday.
A BP gas station in Madrid, Spain. Sopa Images | Lightrocket | Getty Images BP on Tuesday reported a fall in first-quarter profit, with results coming in below analyst expectations amid a “significantly weaker” margin in fuels and lower gas and oil prices. The British energy giant logged underlying replacement cost profit, used as a
ENSCO-72 drilling rig working in Poole Bay for Corallian Energy in Poole Bay, England, on Feb. 15, 2019. Finnbarr Webster | Getty Images News | Getty Images Crude oil futures fell more than 1% on Wednesday as the market softens on rising inventories, though prices could firm later this year as demand increases during the
Power-generating Siemens 2.37 megawatt (MW) wind turbines are seen at the Ocotillo Wind Energy Facility California, May 29, 2020. Bing Guan | Reuters The German renewables firm Siemens Energy announced Wednesday that the CEO of its troubled wind turbine unit will be replaced amid “comprehensive restructuring measures.” It said in statement that Jochen Eickholt at Siemens
Hundreds of Palestinians, including women and children living in east part of Rafah, migrate to the west part of the Khan Yunis with their few belongings loaded on vehicles following the Israel’s announcement on the evacuation of neighborhoods, in Khan Yunis, Gaza on May 6, 2024. Ashraf Amra | Anadolu | Getty Images Crude oil
Maxim Shemetov | Reuters Saudi Aramco’s first-quarter net profit fell 14% year-on-year amid lower oil prices and production. Net income for the three months up to March 31 came in at $27.3 billion, down from $31.9 billion for the same period last year, the company reported. The figure was in line with analyst expectations, according
In this article XOM Follow your favorite stocksCREATE FREE ACCOUNT Darren Woods, chairman and chief executive officer of Exxon Mobil Corp, speaks during the 2024 CERAWeek by S&P Global conference in Houston, Texas, US, on Monday, March 18, 2024. F. Carter Smith | Bloomberg | Getty Images Exxon CEO Darren Woods said Monday that the
Former US President Donald Trump attends his trial for allegedly covering up hush money payments linked to extramarital affairs, at Manhattan Criminal Court in New York City, on May 2, 2024. Doug Mills | Afp | Getty Images For three weeks, Donald Trump has bounced between the campaign trail and Manhattan Supreme Court, where he
In this article DUK SO D EQT KMI Follow your favorite stocksCREATE FREE ACCOUNT A chimney from the Linden Cogeneration Plant is seen in Linden New Jersey April 22, 2022. Kena Betancur | View Press | Corbis News | Getty Images Natural gas producers are planning for a significant spike in demand over the next
An oil pumpjack is pictured in the Permian basin, Loco Hills regions, New Mexico, U.S., April 6, 2023. Liz Hampton | Reuters U.S. crude oil edged higher on Thursday after selling off to a seven-week low on a surge in petroleum inventories on softening demand. Here are today’s energy prices: West Texas Intermediate June contract: $79.40
Scott Sheffield, CEO of Pioneer Natural Resources. Adam Jeffery | CNBC The Federal Trade Commission on Thursday accused the former Pioneer Natural Resources CEO of colluding with OPEC to raise prices, and barred him from serving on the Exxon Mobil board of directors once its planned $65 billion acquisition of Pioneer closes. The FTC filed
A smartphone with displayed Coinbase logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8, 2023. Dado Ruvic | Reuters Coinbase reported better-than-expected revenue in its first-quarter earnings report on Thursday. The stock was trading about 4% lower in extended trading. Here’s how the company did, compared to analysts’
In this article ALB Follow your favorite stocksCREATE FREE ACCOUNT The Albemarle lithium processing facility in Kings Mountain, North Carolina, US, on Wednesday, Aug. 10, 2022. Logan Cyrus | Bloomberg | Getty Images Albemarle‘s plans to reopen a resource-rich lithium mine in North Carolina will take longer than originally expected as a collapse in lithium
Coterra Energy topped Wall Street expectations Thursday with first-quarter results that further proved the Club holding’s nimble production strategy is the right one for shareholders. Revenue in the three months ended March 31 fell 19% year over year to $1.43 billion, beating the consensus forecast of $1.39 billion, according to analyst estimates compiled by LSEG.
Block Inc logo is seen displayed in this illustration taken, April 10, 2023. Dado Ruvic | Reuters Block reported first-quarter earnings after the bell that exceeded analysts’ estimates. The stock rose 10% in extended trading. Here’s how the company did, compared to analysts’ consensus from LSEG. Earnings per share: 85 cents adjusted vs. 72 cents
In this article XOM CVX EQNR-NO SHEL-GB Follow your favorite stocksCREATE FREE ACCOUNT The Shell logo is displayed outside a petrol station in Radstock on February 17, 2024 in Somerset, England. Matt Cardy | Getty Images News | Getty Images British oil giant Shell on Thursday reported stronger-than-expected first-quarter profit, boosted by higher refining margins
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