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09.03.26 - 03:00
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Exxon & Chevron Jump While Berkshire Drops on Sunday Night (24/7 Wall St.)
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As oil futures rocket past $100 per barrel tonight, the market is splitting in two. Tech and diversified holdings are getting crushed, while pure-play energy names are surging. Let's explore some of the biggest movers on Sunday night. Tech companies like NVIDIA and Apple are getting badly bruised, but energy stocks are rallying. Exxon (XOM): ... Exxon & Chevron Jump While Berkshire Drops on Sunday Night
The post Exxon & Chevron Jump While Berkshire Drops on Sunday Night appeared first on 24/7 Wall St.....
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09.03.26 - 02:18
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Does $150 Oil Matter to Nvidia? (24/7 Wall St.)
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With oil at $1o8, he question of what happens to Nvidia if oil hits $150 sounds dramatic. But the real answer reveals something important about what kind of company Nvidia actually is. The Short Answer: Not Much Directly Nvidia (NASDAQ:NVDA) is a fabless semiconductor company. It designs chips, outsources manufacturing to TSMC, and sells the ... Does $150 Oil Matter to Nvidia?
The post Does $150 Oil Matter to Nvidia? appeared first on 24/7 Wall St.....
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09.03.26 - 01:18
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Surging Oil Prices Threaten NVIDIA, Amazon, and Meta (24/7 Wall St.)
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Oil futures have rocketed past $100 per barrel tonight, and Wall Street is already flinching. Nasdaq futures are down more than 400 points, off 1.7% as of Sunday evening. The question: why are NVIDIA (NASDAQ:NVDA), Amazon (NASDAQ:AMZN), and Meta (NASDAQ:META) in the crosshairs? None of them drill for oil. The answer is transmission: consumer confidence, ... Surging Oil Prices Threaten NVIDIA, Amazon, and Meta
The post Surging Oil Prices Threaten NVIDIA, Amazon, and Meta appeared first on 24/7 Wall St.....
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