Category: Business

By Robert Harvey and Georgina McCartney LONDON/HOUSTON (Reuters) – U.S. President Donald Trump’s trade tariffs on Canadian and Mexican oil imports will offer European and Asian refineries a competitive advantage against their U.S. rivals, analysts and market participants told Reuters. Trump on Saturday ordered 25% tariffs on Canadian and Mexican imports and 10% on goods

By Sheila Dang and Shariq Khan HOUSTON – Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron, Exxon Mobil and Shell all reported fourth-quarter earnings that were hit hard by a downturn in the margins for producing fuel. An increase in global refining capacity in 2024, combined

Updated Fri, Jan 31, 2025, 2:30 AM 2 min read In This Article: US stocks gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results for more clues on prospects for Big Tech. The S&P 500 (^GSPC) gained 0.5%, while the Dow Jones Industrial Average (^DJI) rose nearly

Jonathan Raa/NurPhoto via Getty Images Meta will release its fourth-quarter earnings after the closing bell on Wednesday. Shares in the tech giant were up 15% year-to-date through Tuesday. Investors are on high alert for key details on AI monetization. Meta will report fourth-quarter earnings on Wednesday after the closing bell. Investors will be watching for

Updated Tue, Jan 28, 2025, 3:28 PM 2 min read In This Article: The Nasdaq and S&P 500 rebounded on Tuesday, following a steep stock sell-off spurred by Chinese startup DeepSeek and the ripple effect its potentially cheaper AI model could have on Big Tech. Bellwether Nvidia (NVDA) was the standout of the trading day

(Bloomberg) — Shares of Japanese semiconductor-related companies including Advantest Corp. and Disco Corp. extended Monday’s drop after the release of Chinese AI model DeepSeek prompted a selloff in US tech stocks. Most Read from Bloomberg Texas HOA Charged With Discrimination for Banning Section 8 Renters What Happened to Hanging Out on the Street? Budapest Mayor

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While several chip stocks had convincing performances in 2024, Intel (NASDAQ: INTC) and Advanced Micro Devices (NASDAQ: AMD) were not among them. Intel shares fell about 60% last year, while AMD shares were down about 18%. Let’s examine which semiconductor stock looks like the better rebound candidate in 2025. In a semiconductor market largely being

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