In this article Follow your favorite stocksCREATE FREE ACCOUNT ZEEKR EV cars are displayed at the 45th Bangkok International Motor Show in Bangkok, Thailand, March 25, 2024. Chalinee Thirasupa | Reuters Chinese electric carmaker Zeekr said Thursday its deliveries surged by 92% in October from a year ago, helping the company clock its best month
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In this article CVX Follow your favorite stocksCREATE FREE ACCOUNT Jaap Arriens | Nurphoto | Getty Images Chevron beat third-quarter earnings and revenue expectations, returning a record amount of cash to shareholders. The oil major’s quarterly profit, however, declined substantially compared to the year-ago period due to lower margins on refined product sales, lower prices
In this article XOM Follow your favorite stocksCREATE FREE ACCOUNT An Exxon gas station is seen in the Brooklyn borough of New York City on Oct. 6, 2023. Michael M. Santiago | Getty Images Exxon Mobil beat third-quarter earnings expectations, as the oil major reached its highest production level in more than four decades. Here
In this article D Follow your favorite stocksCREATE FREE ACCOUNT The Dominion coal burning power plant is seen in Saint Paul, Virginia on Tuesday, February 7, 2023. Community leaders in Southwestern Virginia are giving serious consideration to the idea of utilizing formerly mined coal sites to house small modular nuclear reactors. Mike Belleme | The
The outcome of the U.S. presidential election on Nov. 5 won’t affect oil production levels in the short- to medium term, Exxon CEO Darren Woods told CNBC on Friday. Former President Donald Trump has called for unconstrained oil and gas production to lower energy prices and fight inflation, boiling his energy policy down to three
In this article ZE594-CN TSLA Follow your favorite stocksCREATE FREE ACCOUNT New cars, among them new China-built electric vehicles of the company BYD, are seen parked in the port of Zeebrugge, Belgium, October 24, 2024. Yves Herman | Reuters Chinese electric vehicle maker BYD reported third-quarter revenue that topped that of behemoth rival Tesla for
The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024. Matt Cardy | Getty Images News | Getty Images British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp decline in crude prices and lower refining margins were partially offset
Nishad Singh, former director of Engineering at FTX Cryptocurrency Derivatives Exchange, left, and Claire Watanabe, former senior executive at FTX Cryptocurrency Derivatives Exchange, arrive at court in New York, on Oct. 30, 2024. Mackenzie Sigalos | CNBC Former FTX executive Nishad Singh was sentenced to time served and three years of supervised release on Wednesday,
British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024. Nurphoto | Nurphoto | Getty Images British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices and lower refining margins. The energy firm posted underlying replacement
In this article PYPL Follow your favorite stocksCREATE FREE ACCOUNT A PayPal sign is seen at its headquarters in San Jose, California, Jan. 30, 2024. Justin Sullivan | Getty Images News | Getty Images PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in a bit light of expectations. Shares were trading lower premarket.
U.S. crude oil rose more than 1% on Tuesday, one day after posting the worst daily loss in two years. Energy traders were relieved Monday after Israel’s long anticipated retaliatory strikes on Iran last Friday spared the Islamic Republic’s oil and nuclear facilities. The benchmark U.S. crude oil contract sold off more than 6%, or
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks are holding onto gains to start the week. The only sector stuck in the red was energy as oil sold off. West Texas Intermediate
In this article TSLA KO MSFT AMZN META .DJI .SPX .IXIC .N225 JPY= @LCO.1 @CL.1 Follow your favorite stocksCREATE FREE ACCOUNT Traders work on the floor of the New York Stock Exchange (NYSE) on October 22, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our
Liquefied natural gas (LNG) storage units. Dan Kitwood | Getty Images News | Getty Images The biggest influx of liquified natural gas (LNG) supply is coming online and it will transform the global market, bringing about wide and enduring effects, said RBC Capital Markets. “A wave of new LNG supply —the biggest yet— is set
In this article 5KD-FF LILM Follow your favorite stocksCREATE FREE ACCOUNT German company Lilium produces flying electric passenger drones. Lilium German aerospace startup Lilium faces insolvency if it doesn’t raise emergency funding from the state government for the southeastern state of Bavaria. Insolvency would mark a dramatic fall for a startup once touted as Europe’s
JIUJIANG, CHINA – JUNE 17: A worker manufactures seamless steel gas cylinders for export at the workshop of Sinoma Science & Technology (Jiujiang) Co., Ltd. on June 17, 2024 in Jiujiang, Jiangxi Province of China. Wei Dongsheng | Visual China Group | Getty Images China’s steel exports will soon hit an eight-year high, before sweeping
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