These energy stocks loved by hedge funds are trouncing the market

A general view of Gunvor Petroleum or Rozenburg refinery in Rotterdam, Netherlands. Europe’s largest port covers 105 square kilometers (41 square miles) and stretches over a distance of 40 kilometers (25 miles). Dean Mouhtaropoulos | Getty Images News | Getty Images The energy sector has been the biggest winner this year by far amid an … Read more

$47 billion swept into ‘ESG’ stocks last year — and here are Wall Street’s favorites

A Wall Street street sign is displayed in front of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Feb. 11, 2021. Bloomberg | Getty Images Analysts at Wall Street’s biggest banks have listed their top stocks for environmental, social and governance (ESG) factors in a sector that has soared in popularity … Read more

Stocks making the biggest moves midday: GameStop, AMC Entertainment, Harley-Davidson and more

A medical worker wearing a mask walks near the AMC movie theater in Times Square amid the coronavirus pandemic on May 7, 2020 in New York City. Alexi Rosenfeld | Getty Images Check out the companies making headlines in midday trading. GameStop —Shares of the video game retailer swooned more than 50% in midday trading … Read more

Stocks making the biggest moves in the premarket: UPS, Harley-Davidson, Cirrus Logic & more

Take a look at some of the biggest movers in the premarket: United Parcel Service (UPS) – UPS reported quarterly earnings of $2.66 per share, beating a consensus estimate of $2.14 a share. The revenue also came in above estimates for the holiday quarter. Among the factors boosting the bottom line: a 7.8% increase in … Read more

Stock futures open little changed after Wall Street’s strong start to the week

Traders on the floor of the New York Stock Exchange. Source: The New York Stock Exchange U.S. stock futures were little changed on Monday evening after the equity market kicked off the week with a bounce-back session. Futures contracts tied to the Dow Jones Industrial Average ticked up 18 points, or less than 0.1%. Those … Read more

Stocks making the biggest moves in the premarket: Tesla, CureVac, Otis Worldwide & more

Take a look at some of the biggest movers in the premarket: Otis Worldwide (OTIS) – The world’s biggest producer of escalators and elevators reported quarterly earnings of 66 cents per share, 7 cents a share above estimates. Revenue came in above estimates as well and Otis issued a better-than-expected earnings forecast for 2021. Otis … Read more

Chevron and Exxon discussed merger last year after Covid pandemic devastated oil prices, reports say

A vehicle passes an Exxon Mobil Corp. gas station in Arlington, Virginia, U.S., on Wednesday, April 29, 2020. Andrew Harrer | Bloomberg | Getty Images The CEOs of Chevron and ExxonMobil last year discussed the possibility of merging the two companies, The Wall Street Journal reported Sunday, citing unnamed people familiar with the talks. The … Read more

A new activist takes on Exxon to reverse the oil giant’s underperformance

Fuel prices are displayed at an Exxon Mobil Corp. gas station in Arlington, Virginia, U.S., on Wednesday, April 29, 2020. Andrew Harrer | Bloomberg | Getty Images Company: Exxon Mobil Corp. (XOM) Business: Engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. … Read more

Stocks making the biggest moves midday: Poshmark, JPMorgan, Wells Fargo, Zoom, Spotify & more

Check out the companies making headlines in midday trading.  Zoom Video — Shares of the video conferencing giant popped nearly 2% after an analyst at Bernstein named the stock a top pick for 2021. The analyst said his call was based on the growth in Zoom’s Phone business. Exxon — The oil giant slid more … Read more

Exxon gets second upgrade this week as JPMorgan says it’s back from the ‘dividend cut brink’

A vehicle passes an Exxon Mobil Corp. gas station in Arlington, Virginia, U.S., on Wednesday, April 29, 2020. Andrew Harrer | Bloomberg | Getty Images Wall Street is turning positive on Exxon Mobil with JPMorgan becoming the second major bank to upgrade the stock this week. Source link