Analyst Upgrades Chevron but Downgrades Exxon Mobil, Favors Upstream Levered Names
RBC Capital Markets analyst Biraj Borkhataria downgraded Exxon Mobil Corp (NYSE: XOM) to Sector Perform from Outperform
New Era In Ridesharing: Ford And Uber’s Mustang Mach-E Lease Pilot In Three Cities
Ford Motor Co (NYSE:F) announced a collaboration with Uber Technologies Inc (NYSE:UBER) to launch a flexible lease pilot program called Ford Drive.…
Accenture Buys Bourne Digital, Bolstering SAP Capabilities In Australia
Accenture PLC (NYSE:ACN) disclosed the acquisition of Bourne Digital in Australia for an undisclosed amount. Founded in 2015, Bourne Digital…
Johnson & Johnson Back in Court Over Talc-Related Cancer Claims
Yesterday, Johnson & Johnson (NYSE: JNJ) faced the trial related to the lawsuit accusing its baby powder and other talc products of causing cancer.
Elon Musk: The ‘Brother Ma’ Of China, Welcomed With Feasts And Flattery On Recent Visit
In what can be described as a display of adulation, SpaceX and Tesla Inc (NASDAQ:TSLA) CEO Elon Musk…
Exxon Mobil Gives Cold Shoulder to Climate Change Proposals, Claims It’s Not a Break-Up
In the AGM yesterday, Exxon Mobil Corp (NYSE: XOM) rejected proposals from investor groups that demanded more robust measures to address climate change.
Massive AI Boom Sends Semiconductor ETF Skyrocketing: It’s Not Just Nvidia
The recent artificial intelligence boom has reached different sectors, industries and corporations, with semiconductor stocks taking the lead.
Key Figures From The 2023 Semiconductor Boom
Would JPMorgan CEO Jamie Dimon Run For President? Hedge Funder Bill Ackman Gives His Nod
Jamie Dimon, CEO of JPMorgan Chase & Co (NYSE:JPM), the largest bank in the U.S. and the third…
Why Bank Of America And Wells Fargo Stocks Are Falling Today
Bank of America Corp (NYSE:BAC) and Wells Fargo & Co (NYSE:WFC) are trading lower by 2.20% and 3.30%, respectively, on Wednesday…
Chevron’s Defenses Stand Strong Amidst Volatile Market Dynamics: JP Morgan Analyst
J.P. Morgan analyst John M Royall upgraded Chevron Corp (NYSE:CVX) to Neutral from Underweight at an increased price target of $170 (from…