Chevron Corp

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 1, 2024. Brendan McDermid | ReutersHere's how big of a surprise corporate profits have been this earnings season: the fourth-quarter is now shaping up to be the best of 2023.Despite ongoing macroeconomic concerns that have hampered demand and weighed on consumer sentiment, almost halfway into earnings season, profits are clearly coming in far better than anybody expected.Helping companies' bottom lines this round: easing input…

My top 10 things to watch Monday, July 24 1. Chevron (CVX) on Sunday announced excellent preliminary second-quarter results , while extending the contract of CEO Mike Wirth. The United States' second-largest oil firm in May announced an agreement to expand its shale operations by acquiring PDC Energy (PDCE) in a deal valued at $7.6 billion, including debt. Chevron is set to release its full second-quarter report on Friday. 2. Truist on Monday lowered its price target on Club oil name Pioneer Natural Resources (PXD) to…

U.S. electric vehicle maker Lucid Group will set up its first overseas factory in Saudi Arabia, the company announced.Javier Blas | Bloomberg | Getty ImagesWhen BlackRock, the world's largest asset manager, announced this week it was adding the head of the world's largest oil company, Saudi Aramco, to its board of directors, some investors might have been caught off guard given BlackRock's leading role in the market when it comes to investing in a low-carbon future. But CEO Larry Fink, who has been under intense pressure…

Intel said April 5, 2022 that it has suspended all business operations in Russia.Paco Freire/Sopa Images | Lightrocket | Getty ImagesCheck out the companies making headlines before the bell:Intel — The chipmaker suffered a 9% loss in its shares in early morning trading after its latest financial results missed analysts' estimates and showed significant declines in the company's sales, profit and gross margin. The company also forecasted a loss for the current quarter.Advanced Micro Devices — Chip stocks such as Advanced…

CNBC's Jim Cramer said that Thursday's rally is thanks to a batch of strong company earnings."I've said over and over again that during earnings season, what matters is companies and the CEOs with the smarts to direct them," he said.Stocks rose on Thursday as investors digested the latest batch of earnings and new gross domestic product data showing the U.S. economy grew by a higher-than-expected 2.9% in the fourth quarter.Cramer said that contrary to what many might believe, the economic data didn't drive the trading…

Check out the companies making headlines in midday trading.Seagate Technology — Shares of the data storage company surged more than 10% a day after Seagate posted beats on the top and bottom line for its fiscal second quarter. Seagate reported earnings of 16 cents per share on revenue of $1.89 billion. Analysts called for earnings of 10 cents per share on $1.83 billion in revenue, according to Refinitiv.Chevron – Shares of the energy giant popped 4% a day after the company announced a $75 billion buyback and said that it…

A Southwest Airlines Co. Boeing 737 passenger jet pushes back from a gate at Midway International Airport (MDW) in Chicago, Illinois.Luke Sharrett | Bloomberg | Getty ImagesCheck out the companies making the biggest moves premarket:Southwest — The airline dropped 2.1% after reporting a $220 million loss for the fourth quarter after the holiday meltdown cost the company millions in expenses and drove up expenses.Comcast — The media company reported fourth-quarter earnings that beat Wall Street's expectations, with earnings…

A customer refuels at a Chevron gas station with prices above $4 a gallon in Seattle, Washington, U.S., on Monday, March 7, 2022.David Ryder | Bloomberg | Getty ImagesCheck out the companies making headlines after the bell.Tesla — Shares rose 0.4% in volatile trading after the electric-vehicle maker reported earnings and revenue for the fourth quarter that beat analyst expectations. However, Tesla's gross margins came in at the lowest levels in the past five quarters.related investing newsChevron — Shares advanced 2.7%…

CNBC's Jim Cramer on Tuesday offered investors a collection of stocks that he believes will perform well this year.All of his picks are listed in the Dow Jones Industrial Average.related investing news"These companies tend to make things or do stuff at a profit while returning capital to shareholders, all with reasonably priced stocks — exactly the rubric for what worked once the declared war on inflation," Cramer said.Here is his list:ChevronCramer said he believes the company will have a great year as long as crude…

Rawpixel | iStock | Getty ImagesYou could be excused for thinking, after months of headlines about "woke capitalism" and big stock market declines, that socially-conscious investing was on the run, dogged by hostility from politicians who think that focusing on corporate governance and environmental impact means burning retirees' money to push an agenda other than bottom line return on investment.But you would be incorrect.In fact, so-called sustainable funds, also known as ESG funds (for environmental, social and…