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Exxon stock (NYSE: XOM) has turned green after news emerged that Exxon Mobil Corp is in potential acquisition talks with oil and gas company Pioneer Natural Resources (NYSE: PXD). The news emerged first on Monday and it sent the XOM stock up nearly 6% on that day. The stock then slightly dropped before surging to… Continue reading Exxon stock jumps after Pioneer acquisition talks

Anheuser-Busch (NYSE: BUD) stock price has retreated in the past few days as investors focus on the ongoing Dylan Mulvaney controversy. The stock dropped to a low of $65.21, which was lower than this week’s high of $67.67.  BUD’s Dylan Mulvaney controversy explained One of the top culture war stories recently has been about Anheuser-Busch,… Continue reading BUD stock price: strong buy despite the Mulvaney controversy

The SCHD ETF stock price has made a spectacular recovery in the past two weeks as the American banking crisis eased. The Schwab US Dividend Equity ETF, which is a $46 billion behemoth, has rebounded by ~5.50% from the lowest level in March and is trading at the highest level since March 9 of this… Continue reading SCHD ETF stock: is the return of the raging bull in sight?

The GDX ETF stock is doing well as gold prices approach their all-time high and as investors slowly embrace a risk-on sentiment. The VanEck Gold Miners ETF jumped to a high of $35.21, the highest level since May 2022, meaning that it has jumped by over 60% from the lowest level in 2022. Transition to… Continue reading GDX ETF stock price steadies as gold price target lifted to $2,730

The SPY ETF stock has done modestly well in the past few weeks as concerns about the banking sector ease. The SPDR S&P 500 Fund rose to a high of $409.72, the highest point since February this year. But these gains could all come crashing down soon, according to analysts at Wells Fargo.  Brace for… Continue reading SPY ETF stock nears key price as Wells Fargo warns of a 10% meltdown

BP plc (LON: BP) ended in the green today after announcing an agreement with Harbour Energy PLC (LON: HBR) to develop the Viking CCS transportation and storage project. Here’s what the press release tells us On Tuesday, the oil and gas behemoth took a 40% stake (non-operating) in the carbon capture and storage project. The… Continue reading Harbour Energy partners with BP plc on the Viking CCS project

LendingClub Corp (NYSE: LC) will offer lucrative returns if the U.S. economy avoids a severe recession, says Reginald Smith. He’s an Analyst at JPMorgan Chase & Co. LendingClub shares have upside to $11 On Tuesday, Smith assumed coverage of the financial services company with an “overweight” rating. He sees upside in its shares to $11… Continue reading LendingClub shares could gain 55% if we avoid a severe recession

SOL, the native token of Solana, has seen double digit gains in the past 24 hours as bulls turn up ahead of the highly anticipated Solana Mobile Saga launch. On Tuesday, as Bitcoin price broke above $30,000 for the first time in 10 months, Solana matched the upside pressure with an upswing of its own.… Continue reading SOL price soars 14% ahead of Solana’s Saga mobile launch event

“IMF” – the International Monetary Fund says global economic growth will remain around 3.0% over the next five years – its weakest forecast for the medium term since 1990.   Why does IMF see weaker growth ahead The institution expects factors that weighed on global economy last year to persist moving forward. In its biannual… Continue reading IMF World Economic Outlook 2023: weakest growth ahead since 1990