Analyst Neil Mehta upgraded the energy stock to buy from neutral. His price target of $81 per share implies upside of 25.1% from Monday’s close.
Ford to cut 3,800 jobs in Europe in shift to electric vehicle production
Ford said it intends to cut 3,800 product development and administration jobs in Europe in the next three years.
‘Think of the unthinkable’: IMF chief warns world is a very different place after crises like Covid
IMF Managing Director Georgieva Kristalina said that, in the “shock-prone” world we live in, people need to be more agile and “think of the unthinkable.”
Ukraine war live updates: Ukraine’s allies promise more aid; Kyiv presses for fighter jets
NATO leaders are meeting in Brussels to discuss providing further military aid to Ukraine, including potentially heeding Zelenskyy’s calls for fighter jets.
Japan’s next central bank governor is set to be Kazuo Ueda. Here’s what it means
Kazuo Ueda would replace current BOJ chief Haruhiko Kuroda, who was first appointed in March 2013. His current five-year term will end on April 8.
Promoting FTX was their side hustle. Now these student ambassadors are left to pick up the pieces
FTX student ambassadors promoted the now bankrupt crypto exchange on their campuses to help expand its customer base and lose funds when it collapsed.
U.S. inflation is likely ‘far stickier’ and could last a decade, Bill Smead says
Inflation in the U.S. is likely to be “far stickier” and could last a decade, according to Bill Smead, chief investment officer at Smead Capital Management.
U.S. inflation is likely ‘far stickier’ and could last a decade, Bill Smead says
Inflation in the U.S. is likely to be “far stickier” and could last a decade, according to Bill Smead, chief investment officer at Smead Capital Management.
After a bumper run, analysts say these 3 oil and gas stocks are set for another 50% rise
The energy sector provided investors stellar returns in 2022 when the rest of the market failed to perform. CNBC Pro shares the stocks well liked by analysts.
Shut out from their top destinations, Chinese travelers are turning to other places
Visa difficulties and high-profile rows with South Korea and Japan are pushing many Chinese travelers to opt for vacations to Southeast Asia.