Shares of Nvidia are testing its 200-day moving average line. In the daily bar chart of NVDA, below, we can see that the shares have made a recovery from a low in early October. Prices closed above the 50-day moving average line by the end of October and the slope of this shorter average turned positive in early November.
Taiwan Semi's expansion to the U.S. is a big deal, but there are ways to profit during construction.
Recession fears are in the air, and analysts are turning away from the oil and natural gas names that outperformed in 2022.
As mainland China backs away from its zero-COVID policy and loosens restrictions, business optimism and a slight return to normalcy are welcome changes for citizens and investors.
The latest decision from ExxonMobil won't win any popularity contest, but it will make it a champion to its investors. On Thursday, the oil giant...
On Dec. 9, the leaders of Saudi Arabia and China met in Riyadh—Xi Jinping’s first visit there since 2016. He and his counterpart, crown prince Mohammed bin Salman, agreed meet more often and signed a number of deals broadly aimed at aligning the countries’ mid-term development agendas, China’s Belt and Road Initiative and Saudi’s Vision 2030.
MOSCOW (Reuters) -Russia, the world's biggest exporter of energy, could cut oil production and will refuse to sell oil to any country that imposes the West's "stupid" price cap on Russian oil, President Vladimir Putin said on Friday. The Group of Seven major powers, the European Union and Australia last week agreed to a $60 per barrel price cap on Russian seaborne crude oil after EU members overcame resistance from Poland.
J.P. Morgan on Friday made a bullish case for oil prices and energy stocks in 2023, offering an analysis that points toward Brent crude finishing next year more than 20% above current levels. Their views: + The global economy, pressured by recessions in the U.S. and Europe, will grow at a "sub-par" pace next year, but the world will still experience robust oil demand growth as China and other emerging markets put Covid constraints on their economies behind them. + Mobility fuels like gasoline, d
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Since midstream operations have lower exposure to volatility in commodity prices, the outlook for the Zacks Oil and Gas - Production & Pipelines industry is bullish. Kinder Morgan (KMI), Williams Companies (WMB) and MPLX LP (MPLX) are the frontrunners in the industry.
Walmart Inc. has rallied from lows in May and June into late November. Prices moved above the 50-day and 200-day moving average lines in late October. The slopes of both the 50-day and the 200-day moving averages turned positive in November and we can see a buy signal from the golden cross -- the 50-day line crossed above the 200-day moving average line.
Enterprise Products (EPD) has a stable business model and is not significantly exposed to the volatility in oil and gas prices.
A judge recommends three ex-Wells Fargo executives pay a combined $18.5 million in fines over their alleged roles in the mega-bank's fake accounts scandal.
HOUSTON (Reuters) -An outage on the largest oil pipeline to the United States from Canada could affect inventories at a key U.S. storage hub and cut crude supplies to two oil-refining centers, analysts and traders said on Friday. It was shut late Wednesday after a breach spewed more than 14,000 barrels of oil into a Kansas creek, making it the largest crude spill in the United States in nearly a decade.
The provider of electronic signature software has been in a lengthy downtrend and still needs to prove itself.
Yahoo Finance Live anchors discuss Amazon rolling out a new tip incentive program when customers thank delivery drivers via Alexa.
American Tower's (AMT) recent dividend hike portrays the company's operational strength and commitment to rewarding its shareholders handsomely.
With the stock now above that price target, let's again check out the charts of the developer of cloud networking technology. In this daily bar chart of ANET, below, we can see that traders who took our buy recommendation were able to snag some nice profits by early August when ANET reached our $120 price target. ANET is pulling back as the end of year approaches but is still above the rising 50-day moving average line and above the slower-to-react 200-day moving average line.
Today's video focuses on Taiwan Semiconductor Manufacturing (NYSE: TSM) and its recent investment updates in Arizona that can create tailwinds for the semiconductor industry. Check out the short video to learn more, consider subscribing, and click the special offer link below.
Alibaba Group Holding Limited (NYSE: BABA) co-founder Jack Ma stepped down as the General Association of Zhejiang Entrepreneurs president, a position he has held since 2015. Ma, now 58, continued his post-retirement tour of food-related businesses and farms worldwide, SCMP reports. Nan Cunhui, the chairman of the electric parts maker Chint Group, succeeded Ma as the head of the prestigious guild in his home province, an area in China long-known for private entrepreneurship. Also Read: Alibaba An