Moody’s downgrade won’t dent the Treasury market
Visitors outside the US Treasury building in Washington, DC, US, on Tuesday, Aug. 15, 2023. Nathan Howard | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, …
Exxon Mobil Corp
Exxon to produce lithium for electric vehicles in Arkansas
Exxon Mobil aims to become a leading producer of lithium for electric vehicle batteries through a drilling operation the oil giant is launching in Arkansas, the company announced Monday. Exxon …
We had a busy week of trades in an oversold market. Here’s the day-by-day breakdown
Elevated bond yields and geopolitical uncertainty continued to be negative for stocks this week as the overall market moved into oversold territory. However, that set us up to put cash …
Chevron, Exxon’s latest buys could herald a new era of oil megamergers
Marathon Petroleum’s oil refinery in Anacortes, Washington. David Ryder | Reuters Energy heavyweights Chevron and Exxon Mobil announced shiny new acquisitions this month — and some industry watchers say it …
Shell will cut 200 jobs in clean energy division
An employee handles a pump at a hydrogen refueling point at a Royal Dutch Shell gas station in Berlin on Aug. 25, 2021. Krisztian Bocsi | Bloomberg | Getty Images …
Why Exxon, Chevron are doubling down on fossil fuel energy
A Chevron gas station is shown in Austin, Texas, on Oct. 23, 2023. Brandon Bell | Getty Images News | Getty Images On Monday, Chevron announced plans to acquire oil …
Oil deals ahead of Big Tech earnings
Omar Marques | Lightrocket | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything …
There is a bull market in oil and gas thanks to recent mergers
CNBC’s Jim Cramer on Monday said he sees a bull market in oil and gas. He said oil stocks are increasing in value thanks to two major oil company mergers …
Oil deals and awaiting tech earnings
Traders work on the floor of the New York Stock Exchange on April 26, 2023 in New York City. Michael M. Santiago | Getty Images This report is from today’s …
5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Bond yield boost U.S. stock futures slid Monday morning as the 10-year Treasury note …