Check out the companies making headlines before the bell. Oracle — Oracle shares jumped more than 9% after the cloud infrastructure company gave strong fiscal third quarter results and lifted its revenue guidance for fiscal 2027. Management lifted its fiscal 2027 revenue outlook up $1 billion to $90 billion. Analysts polled by LSEG sought $86.6…
Check out some of the companies making the biggest moves midday: Hims & Hers Health – Shares of the telehealth company jumped 3%. Bank of America upgraded the stock to neutral from underperform after Novo Nordisk dropped its patent infringement case against Hims, and the companies agreed that Hims would sell Novo’s Ozempic and Wegovy…
Check out the companies making headlines before the bell: Kohl’s — Shares tumbled 9% after the retailer posted disappointing fourth-quarter revenue of $4.97 billion, below the LSEG consensus of $5.03 billion. On the other hand, fourth quarter earnings of $1.07 per share exceeded the expected 85 cents per share. Casey’s General Stores — The convenience…
Gas prices at a Shell Station located on Foothill Blvd. Robert Gauthier | Los Angeles Times | Getty Images Rising oil prices may not just be a headwind to President Donald Trump’s fight to lower inflation. They could also undermine his signature legislative achievement. Almost all of the economic effect of the individual tax cuts…
With U.S. oil topping $100 a barrel Monday, many investors are starting to worry about the impact surging energy prices will have on equities, potentially leading to a correction (down 10%) or bear market (down 20%), depending on how long the U.S.-Iran war lasts. In a note out Monday, CFRA Research outlined what investors should…
A liquefied natural gas (LNG) tanker on a digital screen at the Qatar Economic Forum (QEF) in Doha, Qatar, on Tuesday, May 20, 2025. Christopher Pike | Bloomberg | Getty Images Oil prices jumped Monday with traffic in the Strait of Hormuz at a near standstill, but the longer-term implications of the Strait’s closure may…
These are some of the stocks posting the largest midday moves. Source link
Professional investors are reshuffling portfolios as crude oil surges past $100 a barrel , rotating into sectors tied to commodities while adding hedges against the risk that geopolitical tensions could trigger a broader economic shock. The jump in energy prices tied to the Middle East conflict is prompting money managers to rethink positioning. Many say…
Check out the companies making headlines before the bell. Oil stocks – Oil stocks traded higher as the commodity surged due to the ongoing Iran War. U.S. crude briefly topped $110 per barrel overnight, hitting levels not seen since mid-2022. Talos Energy rose 5%, while Northern Oil and Gas and ConocoPhillips gained 3% and 2%,…
A drone view of an Evergreen container ship docked at the port of Umm Qasr during nighttime operations in Basra, Iraq, March 5, 2026. Mohammed Aty | Reuters BEIJING — Surging oil prices following the Iran war are expected to impact China less than in past years as the country has built large crude stockpiles…