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Chevron Corp

Surging U.S. oil production may set records in 2024, shielding consumers from higher prices

by Walter Watson
Surging U.S. oil production may set records in 2024, shielding consumers from higher prices

Surging U.S. oil production could set new records this year after ending 2023 at a historic level, pressuring OPEC and cushioning the market — at least so far — from …

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Red Sea crisis poses “very real risk” to oil, Chevron CEO says

by Walter Watson
Red Sea crisis poses “very real risk” to oil, Chevron CEO says

The crisis in the Red Sea poses serious risks to oil flows and prices could change quickly if tensions lead to a major supply disruption in the Middle East, Chevron …

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Apple longtime directors Al Gore and James Bell retiring from board

by Edgar Davis
Apple longtime directors Al Gore and James Bell retiring from board

Former Vice President Al Gore speaks during the Agriculture Innovation Mission (AIM) for Climate Summit at the JW Marriott on May 08, 2023 in Washington, DC. Chip Somodevilla | Getty …

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Money managers pick stocks for 2024 that aren’t the Magnificent Seven

by Walter Watson
Money managers pick stocks for 2024 that aren’t the Magnificent Seven

There are plenty of stocks other than the so-called “Magnificent Seven” that are appealing right now, top money managers told CNBC on Thursday. The mega-cap tech stocks that make up …

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The cheapest stocks with upside in the Dow Industrials to start 2024

by Walter Watson
The cheapest stocks with upside in the Dow Industrials to start 2024

The blue-chip Dow Jones Industrial Average has started off the year outperforming other major equity indexes as technology shares retreated. The Dow is little changed in the first week of …

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These Dow stocks struggled in 2023. Where analysts see them going in 2024

by Walter Watson
These Dow stocks struggled in 2023. Where analysts see them going in 2024

Coca-Cola and Johnson & Johnson are some of the standout exceptions to this year’s market rally, proving to be among the biggest losers in the Dow Jones Industrial Average this …

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Occidental Petroleum to buy Permian producer CrownRock for $12 billion, raise dividend

by Walter Watson
Occidental Petroleum to buy Permian producer CrownRock for  billion, raise dividend

Occidental Petroleum Jay L. Clendenin | Los Angeles Times | Getty Images Occidental Petroleum has agreed to buy CrownRock, a major privately held energy producer that operates in the Permian …

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Korean conglomerate LG and Qraft combine AI and asset management in this ETF

by Walter Watson
Korean conglomerate LG and Qraft combine AI and asset management in this ETF

South Korean conglomerate LG and Qraft Technologies partnered to launch an exchange traded fund that uses artificial intelligence to take investors’ emotions out of the stock-picking process. The LG Qraft …

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These are Wall Street’s favorite Warren Buffett stocks

by Ron Morgan
These are Wall Street’s favorite Warren Buffett stocks

Berkshire Hathaway’s stock portfolio is stuffed with companies that are also beloved by Wall Street analysts. Earlier this month, the Warren Buffett-led conglomerate posted 40% higher operating earnings in the …

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These stocks are overbought and could be due for a pullback

by Walter Watson
These stocks are overbought and could be due for a pullback

Wall Street is hoping to enter the last full month of trading in 2023 on a high note. On Friday, all three major indexes rose for the fourth consecutive week. …

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