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
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
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 BIDU AAPL BABA ZE594-CN TSLA .SPX .DJI .IXIC SMCI Follow your favorite stocksCREATE FREE ACCOUNT Tesla and SpaceX CEO Elon Musk and U.S. President Donald Trump appear during an executive order signing in the Oval Office at the White House on Feb. 11, 2025 in Washington, DC. Andrew Harnik | Getty Images
In this article FIS Follow your favorite stocksCREATE FREE ACCOUNT Lori Moffett | Bloomberg | Getty Images Shares of Fidelity National Information Services plunged the most since 2023 on Tuesday after the company reported quarterly earnings that fell short of Wall Street estimates and issued a disappointing forecast. The stock dropped 12% as of afternoon
The BP logo is displayed outside a petrol station near Warminster in Wiltshire, England, on Aug. 15, 2022. Matt Cardy | Getty Images News | Getty Images British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit on weaker refining margins, announcing a $1.75 billion share buyback and a pledge to “fundamentally”
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 surged more
Piles of coal waiting to be transported at Guoyuan Port container terminal in Chongqing, China. Cfoto | Future Publishing | Getty Images The world won’t be able to release its grip on coal anytime soon. “Nothing can destroy coal,” U.S. President Donald Trump said at the recent World Economic Forum. “Not the weather, not a
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 FISV Follow your favorite stocksCREATE FREE ACCOUNT Fiserv CEO Frank J. Bisignano at the New York Stock Exchange on June 7, 2023. Source: NYSE Shares of Fiserv jumped more than 7% on Wednesday to a record after the payments company reported better-than-expected fourth-quarter earnings and issued guidance that also topped estimates. The
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
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
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
An Iranian flag flutters on board the Adrian Darya oil tanker, formerly known as Grace 1, off the coast of Gibraltar on Aug. 18, 2019. Johnny Bugeja | AFP | Getty Images The U.S. Treasury Department on Thursday imposed sanctions on an international network, alleging that it has facilitated the shipment of Iranian oil to
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
A chimney and pipes at the BKM Nonprofit Fotav Zrt power plant in Budapest, Hungary, on Thursday, Jan. 2, 2025. Bloomberg | Bloomberg | Getty Images Ukraine’s closest allies have warned against the European Union reopening Russian gas pipelines as part of a potential peace settlement, with one Baltic nation describing the prospect as “not
U.S. President Donald Trump speaks as he signs documents in the Oval Office at the White House in Washington, U.S. Feb. 4, 2025. Elizabeth Frantz | Reuters President Donald Trump on Wednesday said he wants to negotiate a nuclear deal with Iran after reimposing a “maximum pressure” campaign on the Islamic Republic. Trump said in
AI and Crypto Czar David Sacks speaks with President Donald J Trump as he signs executive orders in the Oval Office at the White House on Jan. 23, 2025 in Washington, DC. Jabin Botsford | The Washington Post | Getty Images As David Sacks, the newly appointed White House AI and crypto czar, collaborates with
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
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