Denbury’s stock inched up Thursday after Exxon Mobil agreed to $4.9 billion stock deal to buy the carbon-capture company for a relatively small premium.
: Shares of watch makers and retailers advance as buoyant sales confound luxury pessimists
Shares in European watch groups jumped Thursday, after updates confounded fears of a slowdown in demand for luxury items.
Futures Movers: Oil prices end at highest since late April, bolstered by weaker U.S. dollar, production cuts
Oil prices settle Thursday at their highest levels since late April, supported by output cuts by major producers, a weaker U.S. dollar, and expectations for record global oil demand this year.
The Ratings Game: Carvana stock clipped by call to sell by J.P. Morgan
Carvana’s stock fell Thursday after J.P. Morgan said prices have “disconnected materially” from fundamentals, again.
The Ratings Game: Meta stock scores an upgrade — even after a 150% surge this year
Meta Platforms Inc. shares have rocketed more than 150% so far this year, but that didn’t stop a TD Cowen analyst from upgrading them Thursday.
Earnings Results: PepsiCo’s stock gains after beating estimates in latest quarter and raising guidance again
PepsiCo’s second-quarter numbers were better than expected, sending its stock up 2.5%.
Brett Arends’s ROI: These are now the hot cryptocurrencies for crime
Bitcoin has been displaced by thousands of newer rivals, says a new report
Need to Know: These three EV makers, not Tesla, are about to eat everyone else’s lunch, says Morgan Stanley
Autos are at the core of three major themes for this year, says Morgan Stanley. Within that, some Chinese EVs are about to eat everyone else’s lunch.
Earnings Results: Delta Air Lines stock surges to 2-year high after earnings beat, raised outlook
Delta Air Lines’ stock jumped to a 2-year high Thursday, after the air carrier reported earnings that beat forecasts and boosted its full-year outlook.
Bond Report: 2-year Treasury yield has biggest two-day drop since March after U.S. producer price data
Treasury yields finish lower again on Thursday after data shows wholesale inflation slowed to a crawl as of June.
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