Stocks have rallied in recent months, with the S&P 500 gaining about 16% since its low point in October, but some of the market’s best performers could now be at risk of short selling. The Federal...
Tag: FANG
Energy Earnings Could Drop 11%
After two years of skyrocketing growth, oil and gas earnings are now past their peak. The good thing for the stocks is that the peak was remarkably high, and the decline is likely to be very gradual. ...
Swiss National Bank SNB is actively dumping FANG stocks
Firms in the US are pointing to economic turbulence in the face of the upcoming earnings season, potentially preparing investors for lower guidance. This makes the markets more treacherous within the ...
Shale Drillers Warn of Higher Costs as They Report Record Profits
Shale companies are reporting banner profits but are warning that inflation in the oil patch is leading them to increase their spending. Oil prices hovering around $110 a barrel in the second quarter ...
Andy Fang, Co-Founder & CTO Of DoorDash, On Turning A School Project Into Feeding America
American Dreamers is a series of conversations with leading Asian American entrepreneurs and business leaders in which they open up about everything from their startup stories and company building to ...
Here are the top 5 energy stocks, according to Goldman Sachs
Goldman Sachs on Monday picked five top energy stocks of ahead of their quarterly earnings, saying it keeps a “constructive” view on the sector thanks to cash flows and valuations, among other highlig...
3 Lessons From The Oslo Freedom Forum: Bitcoin As A Tool – Mallers, Roem, Fang
The Oslo Freedom Forum delivered some of the most thought-provoking ideas about what makes bitcoin special and valuable beyond mere price. And luckily, the organizers cut these one-minute videos for u...
Diamondback Stock Jumps. Its Dividend Increase Is ‘Hard to Ignore.’
Diamondback Energy stock gained after announcing a dividend increase. Spencer Platt/Getty Images Text size Diamondback Energy surged on Tuesday after the oil explorer said it would increase its base d...
NFT Project Milady’s Charlotte Fang Accused Of Racism And Homophobia
Dune co-founder Charlotte Fang has abandoned an NFT initiative dubbed Milady, following a Twitter trolling firestorm. In January, a DAO purchased one of the last copies of Alejandro Jodorowsky’s “Dune...
Diamondback Energy Agrees to Buy Rattler Midstream for $2.2 Billion
Text size The energy landscape has transformed dramatically since Rattler was taken public in 2019. Callaghan O’Hare/Bloomberg Rattler Midstream shares soared on Monday after the company announc...
Hong Fang: BTC Is Still a Solid Hedge Against Inflation
Is bitcoin still a good hedge against inflation? According to OK Coin CEO Hong Fang, the answer is a resounding “yes.” Hong Fang: Bitcoin Can Still Fight Inflation The argument of bitcoin serving as a...
Occidental, Devon, and 7 Other Energy Stocks That Look Particularly Cheap
Text size Energy stocks are undervalued, some analysts say. Callaghan O’Hare/Bloomberg Energy stocks were the S&P 500’s top performers last year, rising 48%. They’re leading the pack again i...
How to Make Oil Stock Volatility Work for You
Text size A Diamondback Energy oil rig in Midland, Texas. Callaghan O’Hare/Bloomberg With oil prices rising and falling dramatically, it can be hard to get a handle on oil stocks. One strategy: ...
Why Amazon will be top FANG for 2022: BofA
Amazon (AMZN) bulls may finally have a reason to smile — just like the company’s logo suggests — after a relatively ugly winter, according to a recent Bank of America (BAC) Global Research report. “We...
AI-Powered Stock Fund Bails Out of Mega-Cap FANG Names
(Bloomberg) — An artificial intelligence-guided fund that has been lagging the market has jettisoned its mega-cap tech names in a bid to right the ship. Most Read from Bloomberg The AI Powered E...
Exxon, Diamondback, and Coterra Stock Could Continue to Rally
U.S. energy stocks outperformed every other sector in the market in 2021 and 2022. That sets up a key test this year of the industry’s staying power. Not since 2010 has energy outperformed the broader...