News: Stocks
In this distinguished corner of our platform, we provide the most recent and relevant news from the stock market world. Our focus extends to stories on prominent indices, including the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite, ensuring you're constantly updated on crucial market movements. We also bring to your attention any pertinent changes in analyst ratings, price targets, and regulatory filings, among other insightful information. Your journey to financial knowledge and empowerment begins here.
U.S. Refining Stocks Have a New Edge. These Stocks Are Up Sharply
Refinery stocks in the United States have performed nicely this year. PBF Energy (PBF) has increased by 68 percent, Valero Energy (VLO) and Marathon Petroleum (MPC) have both increased by 17 percent, and Phillips 66 (PSX) has increased by 4.5 percent.
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Panic Selling Grips Chinese Stocks In Biggest Plunge Since 2008
On Monday, the Hang Seng China Enterprises Index fell 7.2%, the most since November 2008. The Hang Sang Technology Index fell 11%, the biggest drop since the index's inception in July 2020, wiping off $2.1 trillion in value from a year-ago high.
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Pepsi, McDonald’s, and 8 Other Companies That Have a Lot to Lose in Russia
The raw materials are used as inputs by a diverse range of businesses located both in and outside of Russia. Some on Wall Street are also concerned about the effect on consumer demand if Americans see increased gasoline prices.
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Norway’s Central Bank Sells Apple Stock. It Bought Nvidia, Plug Power, And NIO
Norges Bank sold Apple shares in the fourth quarter and purchased shares in Nvidia, Plug Power, and NIO. Among other things, the bank revealed the stock purchases in an updated form filed last week with the Securities and Exchange Commission.
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Expert Opinion: Google to Buy Mandiant for $5.4 Billion, or $23 per Share
"With cyber-attacks increasing daily and cyber warfare being waged by state-sponsored cyber-terrorism organizations, Google is doubling down on its cyber security footprint at the right time with Mandiant and attempting to differentiate itself in the cloud arms race from the likes of Microsoft and Amazon," wrote Wedbush analyst Dan Ives.
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Morning Brief: From Stock’s Ups and Downs to Oil and Gas Prices
Oil rose 4% to roughly $124 per barrel, considerably below the $130 level reached Sunday night in response to threats of a ban. Much of the anticipated drop in oil production has already been reflected in the commodity's price.
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Occidental Petroleum Stock Turns Lower. Carl Icahn Exits His Position
According to the Journal, Icahn has been reducing his investment in the firm and just sold the remaining, according to a letter he submitted to Occidental's board of directors. According to the Journal, Icahn's two members on Occidental's board of directors are also departing.
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Dow Fell, Oil And Gold Surged – And What Else Happened In The Stock Market Today
Monday's stock market plunged, with the Dow Jones Industrial Average falling into correction territory. Oil prices continued to soar amid rumors that Western nations are weighing the possibility of imposing an embargo on Russian imported oil.
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Stock Market News Live Updates: Stocks Fall, Oil Soars Amid Russia’s War In Ukraine
Stocks prolonged their losses on Monday, while oil prices surged as investors digested the possibility of even stronger inflation and further damage to the international economy as a result of Russia's campaign in Ukraine and the sanctions that followed.
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