Oil Creeps Higher as Markets Weigh Hurricane-led Supply Disruptions
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StreetInsider.com Top Tickers, 4/25/2024
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- Dollar sags after US GDP and inflation surprise, except against yen
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Wolfe Research Says Hurricanes Have Been Near-Term Positives for Beacon (BECN) and Owens Corning (OC)
September 27, 2022 10:53 AM EDTWolfe Research Says Hurricanes Have Been Near-Term Positive for Beacon (NASDAQ: BECN) and Owens Corning (NYSE: OC).
Analyst Truman Patterson comments "Hurricanes have generally been a near-term positive (both pre and post hurricane) for Building Product... More
Hertz (HTZ) and bp (BP) Collaborate on North American EV Charging Network
September 27, 2022 8:23 AM EDTVehicle rental company, Hertz (NASDAQ: HTZ) announced alongside bp (NYSE: BP) on Tuesday, the signing of a memorandum of understanding for the development of a national network of electric vehicle charging stations. The stations will be powered by bp's global electrification and charging solution brand named "bp pulse".
The agreement also involves the management of Hertz's charging infrastructure by bp pulse and the customization of its Omega software to ensure the rental company's growing fleet of electric rental cars are recharged quickly and efficiently between... More
