In this article CVX Follow your favorite stocksCREATE FREE ACCOUNT FILE PHOTO: A Chevron gas station is seen in Austin, Texas, U.S., October 23, 2023. Brian Snyder | Reuters Chevron will slash 15% to 20% of its workforce as the oil major implements a plan to lower costs, the company announced Wednesday. The layoffs will
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President Donald Trump‘s steel and aluminum tariffs could slow data center growth by exacerbating the shortage of key components in the electric grid, according to a leading commodity analyst at Carlyle. Big Tech missed Wall Street expectations for their cloud segments last week due in part to a shortage of transformers, said Jeff Currie, chief
India’s Prime Minister Narendra Modi on Sept. 4, 2024. Dean Kassim | Afp | Getty Images Indian Prime Minister Narendra Modi is headed to Washington, D.C., for meetings with President Donald Trump and members of his administration, including Elon Musk, to discuss topics such as efforts to avoid a trade war and artificial intelligence policy,
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT A Google Cloud logo outside the Google Cloud data center ahead of its ceremonial opening in Hanau, Germany, on Friday, Oct. 6, 2023. Bloomberg | Bloomberg | Getty Images The U.S. is facing a power capacity crisis as the tech sector races against China to
A water tower at the U.S. Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, on Sept. 4, 2024. Justin Merriman | Bloomberg | Getty Images Steel and aluminum stocks surged Monday after President Donald Trump said he will impose 25% duties on all imports of the metals into the U.S. Cleveland-Cliffs rallied nearly
In this article BP.-GB Follow your favorite stocksCREATE FREE ACCOUNT A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom. John Keeble | Getty Images News | Getty Images BP shares jumped on Monday following weekend reports that activist investor Elliott Management has built a
DOGE staffers who are working at the Department of Energy do not have access to U.S. nuclear secrets, Secretary Chris Wright told CNBC in an interview Friday. “I’ve heard these rumors. They’re like seeing our nuclear secrets. None of that is true at all,” Wright told CNBC’s Brian Sullivan in an exclusive interview. One of
In this article X 5401.T-JP CLF NUE Follow your favorite stocksCREATE FREE ACCOUNT US President Donald Trump (R) and Japanese Prime Minister Shigeru Ishiba hold a joint press conference in the East Room of the White House in Washington, DC, on February 7, 2025. Jim Watson | Afp | Getty Images President Donald Trump on
In this article X 5401.T-JP CLF NUE Follow your favorite stocksCREATE FREE ACCOUNT US President Donald Trump (R) and Japanese Prime Minister Shigeru Ishiba hold a joint press conference in the East Room of the White House in Washington, DC, on February 7, 2025. Jim Watson | Afp | Getty Images President Donald Trump on
In this article EIX Follow your favorite stocksCREATE FREE ACCOUNT An aerial view of the sun rising above homes that burned in the Eaton Fire on January 21, 2025 in Altadena, California. Mario Tama | Getty Images Southern California Edison acknowledged Thursday that videos have suggested a possible link between the utility’s equipment and the
In this article AFRM Follow your favorite stocksCREATE FREE ACCOUNT Affirm shares jumped more than 15% in extended trading on Thursday after the provider of buy now, pay later loans reported better-than-expected fiscal second-quarter results. Here’s how the company did, compared to analysts’ consensus estimates from LSEG: Earnings per share: 23 cents vs. an expected loss
Nuclear energy is set for a “renaissance” that will be accelerated by backing from U.S. President Donald Trump’s administration. That’s according to Yuri Khodjamirian, chief information officer at Tema ETFs, who noted that the Trump administration is “very, very interested in backing this technology.’ However, he also warned investors that developing this energy source is
Poster and logo on the Coupole Tower, compagny Total’s head office renamed TotalEnergies in 2021 in the La Defense business district west of Paris in Courbevoie, France on 7 June 2024. Antoine Boureau | Afp | Getty Images French oil major TotalEnergies on Wednesday reported a sharp drop in full-year earnings, against a backdrop of
In this article @CL.1 @LCO.1 Follow your favorite stocksCREATE FREE ACCOUNT Former Canadian Deputy Prime Minister Chrystia Freeland on Tuesday called for President Donald Trump to definitively take the threat of tariffs off the table, arguing that the U.S. will need Canadian energy in the race to achieve dominance in artificial intelligence. Trump on Monday
In this article PYPL Follow your favorite stocksCREATE FREE ACCOUNT Alex Chriss, CEO of PayPal Inc. Courtesy: PayPal PayPal reported better-than-expected fourth-quarter results on Tuesday and issued guidance that also topped analysts’ expectations. The shares slid more than 9% in Tuesday morning trading. Here’s how the company did compared with Wall Street estimates, based on
Oil field, Alberta, Canada Norm Betts | Bloomberg | Getty Images Oil prices are likely to fall in the longer run after the initial jump following President Donald Trump’s implementation of hefty tariffs on Canada, Mexico and China, said industry watchers. Over the weekend, Trump followed through on his long-threatened 25% tariffs on imports from
President Donald Trump speaks to members of the press in the Oval Office of the White House on Jan. 30, 2025. Kent Nishimura for The Washington Post | Getty Images Donald Trump has confirmed he will impose 25% tariffs on imports from Mexico and Canada from February, following through on threats issued weeks earlier. The
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 Energy giant Chevron used the phrase “Gulf of America” repeatedly in its earnings release Friday, adhering to a
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 Wednesday’s key moments. 1. U.S. stocks were mixed Wednesday ahead of the Federal Reserve’s interest rate decision in the afternoon. The S & P 500 and Nasdaq slipped, while the Dow ticked slightly
A Shell logo is displayed on May 03, 2024 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices. Shell posted adjusted earnings of $23.72 billion for the full-year 2024, compared to annual