Shell’s results follow bumper profits from across the oil and gas industry. Ben Stansall | Afp | Getty Images LONDON — Oil giant Shell on Thursday reported bumper first-quarter profits on the back of soaring commodity prices, fueling calls for a one-off windfall tax on oil and gas companies to help U.K. households with spiraling energy bills. Shell posted adjusted …
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Tech pressures Wall Street premarket; data shows inflation still high Traders on the floor of the NYSE, April 28, 2022. Source: NYSE 2. Amazon falls on ugly forecast and slowest growth since dot-com bust Andy Jassy, CEO of Amazon and then CEO …
Here are the biggest calls on Wall Street on Source link
Goldman has listed the U.S. stocks with the highest upside to its own price targets — including 9 the bank says have potential upside of over 60%. Source link
Jefferies has named the best stocks to own during rising U.S. 10-year Treasury yields. Source link
BONNY ISLAND, NIGER DELTA, Nigeria: A ship loads liquefied natural gas from the Nigerian Liquefied Natural Gas plant October 12, 2004 on Bonny Island, Nigeria. Jacob Silberberg/Getty Images With the U.S., EU and U.K. looking to phase out Russian gas imports, Western leaders could look to liquified natural gas projects in sub-Saharan Africa to soften the landing. Russia and the …
The world is shifting to low-carbon energy and as prices for "green hydrogen" fall, Morgan Stanley put together a basket of companies that stand to benefit. Source link
A view of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters ExxonMobil, the top oil and gas producer in the U.S., is piloting a project to mine bitcoin in North Dakota, according to people with knowledge of the matter. For over a year, Exxon has been working with Crusoe Energy Systems, a company based in Denver, said …
Stock futures were flat in overnight trading after the major indexes rallied and oil prices tumbled below $100 a barrel ahead of Wednesday’s Federal Reserve meeting. Futures on the Dow Jones Industrial Average dipped 40 points, while S&P 500 futures fell 0.1% and Nasdaq 100 futures were flat. The gains came ahead of a critical Federal Reserve meeting on Wednesday, …
Amid the market sell-off, Wolfe Research thinks it has some answers for investors looking for big bargains. Source link
