While the select few tech and social media names of the Nasdaq 100 are just now dropping from higher highs, these New York Stock Exchange mega caps remain below their .
After U.S. markets closed on Thursday, Ford beat estimates on both the top and bottom lines, posting a 12% year-over-year increase in revenue and a 5.9% increase in earnings per share (EPS). And even though the company raised its fiscal year adjusted EBIT and adjusted free cash flow estimates, the projected slower pace of EV […]
OPEC has always moved in mysterious ways, and it certainly caught the markets off guard when it announced an unforeseen production cut this Sunday. The bloc, led by wily Saudi Arabia, has made March’s bulls look heady, to say the least, and the term ‘stagflation’ has returned to the headlines after a brief hiatus. The U.S. government is being looked to for an answer having just staved off a bout of serious financial turmoil in the past two weeks alone.
The increasingly tight international oil market is becoming once again a headache for the Biden Administration, and his energy experts will now be looking to countries like Venezuela for additional supply