News

Chime’s IPO terms show fintech valuations have returned to reality. That’s a good thing.
Online bank Chime plans to raise up to $832 million in its initial public offering later this week, following the successful ...
EVgo got the attention of a major investment bank. There’s plenty to like — along with 3 roadblocks.
Electric-vehicle-charging company EVGo Inc. got a vote of confidence from analysts at Morgan Stanley on Tuesday, but it ...
Trump and Meta’s nuclear deals address the AI-fueled energy crisis. But can U.S. uranium supply meet demand?
The four executive orders recently signed by President Trump help to address the growth of the U.S. nuclear-energy sector in ...
Broadcom’s stock shoots for record high as excitement builds ahead of earnings
Analysts are optimistic about Broadcom’s ability to ride the AI momentum and deliver upbeat results later this week.
NVIDIA Corp., Boeing share gains lead Dow's nearly 225-point climb
Behind positive gains for shares of NVIDIA Corp. and Boeing, the Dow Jones Industrial Average is up Tuesday afternoon.
Canadian Wildfires Reported to Have Shut-In Some 350,000 b/d of Oil Output -- OPIS
An estimated 350,000 b/d of Canadian oil production has been shut in by wildfires in Alberta near the province's border with Saskatchewan. According to local press reports, Cenovus Energy, MEG Energy ...
Nymex Overview: Oil Rises $1 as Ukraine War Ramps Up -- OPIS
In refined product futures, diesel outperformed gasoline. The July ULSD contract was up about 4.95cts at $2.094/gal, and August ULSD increased by 4.65cts to $2.085/gal. July RBOB futures gained ...
Mag 7 stocks record best month in 2 years, but they still face risks, says Deutsche Bank
Amazon.com, Apple, Alphabet, Meta, Microsoft, Nvidia, and Tesla - as a cohort jumped 13.4% in May. That was the Mag 7's best month since May 2023, according to Marion Laboure and Camilla Siazon, ...