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Russell Hardy, chief executive officer of Vitol Services Ltd. Bloomberg | Bloomberg | Getty Images SINGAPORE — Vitol is eyeing the metals market with global petroleum demand expected to peak in a decade, signaled Russell Hardy, CEO of Vitol, the world’s largest independent energy trader. “The petroleum, the oil business, we still think it will

Affirm, the provider of buy now, pay later loans reported better-than-expected fiscal first-quarter results. Here’s how the company did, compared to analysts’ consensus estimates from LSEG. Loss per share: 31 cents adjusted vs. a loss of 35 cents expected Revenue: $698 million vs. $664 million expected Affirm reported gross merchandise volume (GMV) of $7.6 billion, topping the

Republican presidential nominee, former U.S. President Donald Trump, listens to a question as he visits Chez What Furniture Store which was damaged during Hurricane Helene on September 30, 2024 in Valdosta, Georgia. Michael M. Santiago | Getty Images News | Getty Images Donald Trump’s election victory on Wednesday sparked a palpable sense of dismay among

Offshore workers examine hydrocarbon samples aboard the Chevron Corp. Jack/St. Malo deepwater oil platform in the Gulf of Mexico off the coast of Louisiana, U.S., on Friday, May 18, 2018. Luke Sharrett | Bloomberg | Getty Images U.S. oil producers are looking forward to less regulations on crude production under a Donald Trump presidency, meaning

With one day to go until the U.S. general election, crypto companies have already poured tens of millions of dollars into the upcoming 2026 cycle. The pro-crypto and bi-partisan super PAC Fairshake said Monday that the committee and its affiliates have raised $78 million for the 2026 midterm elections. That $78 million includes more than

In this article MQ Follow your favorite stocksCREATE FREE ACCOUNT Marqeta celebrates its initial public offering at the Nasdaq on June 9, 2021. Source: The Nasdaq Marqeta shares tumbled more than 30% in extended trading on Monday after the company issued weaker-than-expected guidance for the fourth quarter. Here’s how the company did compared with Wall

Saudi Aramco’s Ras Tanura oil refinery and oil terminal Ahmed Jadallah | Reuters Saudi state oil giant Aramco reported a 15.4% drop in net profit in the third-quarter on the back of “lower crude oil prices and weakening refining margins,” but maintained a 31.05 billion dividend. The company reported net income of $27.56 billion in

A Wallbox EV charger for electric car is displayed during the “Mondial de l’Auto” at Parc des Expositions on October 15, 2024 in Paris, France. Chesnot | Getty Images News | Getty Images Silicon anodes appear to be leading the way in the race to commercialize next-generation battery technologies for electric vehicles. The buzz around

In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT WASHINGTON — In the first few years after founding Coinbase, CEO Brian Armstrong shied away from Washington, D.C. But as his ambitions for his crypto exchange scaled, so too did his need to curry favor on Capitol Hill. “About five or six years ago, we

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Wall Street was rallying Tuesday as voters headed to the polls on Election Day. The Nasdaq was leading the charge, up 1.3%. The S & P 500 was up

Stand With Crypto’s bus tour through five battleground states kicked off last week in Phoenix and Las Vegas. Logan Dobson/Stand With Crypto Alliance LAS VEGAS — In Nevada’s 4th Congressional District, a crypto PAC spent nearly $2 million on ads this cycle to support the reelection of Steven Horsford, a Democratic congressman who’s voted in

Copper Mountain Solar in El Dorado Valley, pictured on Thursday, Sept. 5, 2024, in Boulder City, Nevada. (Bizuayehu Tesfaye/Las Vegas Review-Journal/Tribune News Service via Getty Images) Bizuayehu Tesfaye | Tribune News Service | Getty Images Solar stocks sold off overnight as investors see Donald Trump leading in the U.S. presidential election. Solar stocks are falling

Republican nominee for U.S. Senate Bernie Moreno addresses supporters at Brecksville Community Center on November 4, 2024 in Brecksville, Ohio.  Stephen Maturen | Getty Images Crypto fans are celebrating the results of the Ohio Senate race, where blockchain entrepreneur Bernie Moreno has defeated Senate Banking Chair Sherrod Brown, a three-term incumbent, in a contest that

Former President Donald Trump arrives for his campaign rally at the Trump National Doral Golf Club in Doral, Florida, on July 9, 2024. Joe Raedle | Getty Images News | Getty Images As Donald Trump celebrated his prospective victory on Election Night at Mar-a-Lago, he was joined by a roster of high-profile supporters. Among them

In this article 5KD-FF LILM Follow your favorite stocksCREATE FREE ACCOUNT German company Lilium produces flying electric passenger drones. Lilium German aerospace startup Lilium faces insolvency if it doesn’t raise emergency funding from the state government for the southeastern state of Bavaria. Insolvency would mark a dramatic fall for a startup once touted as Europe’s

The Stripe logo on a smartphone with U.S. dollar banknotes in the background. Budrul Chukrut | SOPA Images | LightRocket via Getty Images In March 2022, venture capitalist Chris Ahn was pushing to get into a hot crypto startup that was trying to make it easy for businesses to transact using digital currencies. The company

JIUJIANG, CHINA – JUNE 17: A worker manufactures seamless steel gas cylinders for export at the workshop of Sinoma Science & Technology (Jiujiang) Co., Ltd. on June 17, 2024 in Jiujiang, Jiangxi Province of China.   Wei Dongsheng | Visual China Group | Getty Images China’s steel exports will soon hit an eight-year high, before sweeping

In this article AMZN MSFT Follow your favorite stocksCREATE FREE ACCOUNT In this aerial view, the shuttered Three Mile Island nuclear power plant stands in the middle of the Susquehanna River near Middletown, Pennsylvania, on Oct. 10, 2024. Chip Somodevilla | Getty Images Nuclear power may be making a comeback in the U.S. after years

With a historic presidential election just around the corner, Chevron CEO Mike Wirth told CNBC’s Jim Cramer what kind of government action is important for his company. “What really matters is consistent and coherent energy policy,” he said. “Affordable and reliable energy is essential to keeping inflation at a level that economies can handle —

John Ketchum, chairman, president and chief executive officer of Nextera Energy, speaks during the 2023 CERAWeek by S&P Global conference in Houston, Texas, US, on Wednesday, March 8, 2023. F. Carter Smith | Bloomberg | Getty Images NextEra Energy is seeing strong interest from data center customers in restarting the Duane Arnold nuclear plant in