Oil and gas stocks suffer broad selloff as crude prices drop in wake of SVB collapse

The energy sector was suffering a broad selloff Monday, as worries that the recent bank failures will trigger an economic slowdown which saps demand for crude oil. The Energy Select Sector SPDR exchan...

Stocks making the biggest moves midday: SFIX, TSLA, WE, CPB

The Stitch Fix logo on a smartphone arranged in Hastings-on-Hudson, New York, U.S., on Saturday, June 5, 2021. Stitch Fix Inc. is scheduled to release earning on June 7. Tiffany Hagler-Geard/ | Bloomb...

Warren Buffett’s Berkshire Hathaway boosts its stake in Occidental Petroleum

Warren Buffett’s Berkshire Hathaway increased its stake in Occidental Petroleum Corp. in recent days. Berkshire bought about 5.8 million shares of Occidental in a series of purchases Friday, Monday an...

Warren Buffett’s Berkshire Hathaway buys more Occidental Petroleum shares

Warren Buffett Gerard Miller | CNBC Warren Buffett’s Berkshire Hathaway added to its already large Occidental Petroleum stake over the past trading sessions, a regulatory filing revealed Tuesday...

Occidental raises dividend by 38%, announces $3B share buyback program

Shares of Occidental Petroleum Corp. OXY, -0.03% fell in the after-hours session Monday after the energy company reported profit and revenue below Wall Street expectations. Occidental also announced a...

Stocks moving big after hours: ZM, OXY, WDAY

Eric Yuan, founder and CEO of Zoom Video Communications, stands before the opening bell during the company’s initial public offering at the Nasdaq MarketSite in New York on April 18, 2019. Victo...

Stocks moving big midday: PLTR, NVDA, CAR

Nvidia has found success in China by selling automotive chips to the country’s electric car companies. But the U.S. semiconductor giant has been restricted from sending some products to China. S...

Occidental Petroleum stock surges after Warren Buffett’s Berkshire Hathaway discloses boosting stake to 28%

Shares of Occidental Petroleum Corp. OXY, +2.44% rallied 1.8% in afternoon trading Tuesday, after Warren Buffett’s Berkshire Hathaway Inc. BRK.B, -0.94% BRK.A, -0.84% disclosed that it increased its s...

Cognizant, American Airlines, Logitech and more

Los Angeles, CaliforniaJan. 11, 2023Flights prepare to take off at LAX on Jan. 11, 2023 after an FAA computer problem.  Carolyn Cole | Los Angeles Times | Getty Images Check out the companies making h...

U.S. stocks end higher, but S&P 500 logs 3rd straight weekly decline ahead of Christmas

U.S. stocks ended higher in a choppy, preholiday session Friday as an inflation report and a raft of other data did little to change expectations that the Federal Reserve would likely continue hiking ...

Jim Cramer goes over the energy stock winners of 2022

CNBC’s Jim Cramer on Monday went over the top-performing energy stocks in the S&P 500 this year. “While energy was the only winning sector this year, all of these stocks have come down...

Apple, DraftKings, Biogen, Williams-Sonoma and more

A Biogen facility in Cambridge, Massachusetts. Brian Snyder | Reuters Check out the companies making the biggest moves midday: Apple — Apple shares fell 3.89% following a report that iPhone production...

Disney, Carvana, Diamondback Energy and more

A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California. Bloomberg | Bloomberg | Getty Images Check out the companies making head...

A big new Exxon Mobil climate deal that got assist from Joe Biden

Could it be that Big Oil’s next big thing got a big assist from Joe Biden? Maybe, if carbon capture and storage is indeed as big a deal as ExxonMobil’s first-of-its-kind deal to extract, t...

Warren Buffett’s chip-stock purchase is a classic example of why you want to be ‘greedy only when others are fearful’

This has been quite a year for Berkshire Hathaway and CEO Warren Buffett. The conglomerate just disclosed its investments in other companies as of the end of the third quarter, and one name — and one ...

Icahn loads up on Twitter, oil and gas in third quarter, dumps Welbilt

Billionaire investor Carl Icahn acquired more than 12.5 million shares of Twitter Inc. during the third quarter, ahead of Elon Musk’s takeover of the company, while also boosting his holdings in Occid...

Carvana, Meta, Palantir, Viatris, Walgreens and more

Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Check out the companies making the biggest moves midday: Carvana — Carvana shares shed more than 15%, with trading briefly halted at one point...

Berkshire Hathaway’s Earnings Are Saturday. Here’s What to Watch.

When Berkshire Hathaway reports its third-quarter earnings on Saturday, investors won’t be spending a lot of time looking at the bottom line. The conglomerate’s stock buybacks, equity purchases, and l...

This oil company is America’s hottest stock. Why won’t its CEO pump more oil?

Vicki Hollub’s Occidental Petroleum controls the biggest piece of the most important area for oil production in the United States. Not so long ago, an oilman in a position like that—and it would’ve be...

Wynn Resorts, TuSimple, Newell Brands, First Solar and more

This photograph taken on October 20, 2022 shows the signage of Wynn Casino resort with the Grand Lisboa and Casino Lisboa in the backdrop in Macau. Eduardo Leal | AFP | Getty Images Check out the comp...

Charts suggest Twitter, Valero and Occidental could rally

CNBC’s Jim Cramer on Tuesday said that there are three stocks that could be set to rally. “The charts, as interpreted by Carolyn Boroden, suggest that Twitter, Valero and Occidental [Petro...

Climate investor who made right Exxon bet on how to beat the market

A view of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters Jennifer Grancio was among the leaders at Engine No. 1, the upstart investing firm focused on climate and energy transit...

Peloton, Tesla, Viasat, Wells Fargo, Box and more

A Tesla electric vehicle at a supercharger station in Hawthorne, California, on Aug. 9, 2022. Patrick T. Fallon | AFP | Getty Images Check out the companies making the biggest moves midday Monday: Cre...

Don’t buy Occidental stock just because Warren Buffett is buying, analyst says

Shares of Occidental Petroleum Corp. continued to outperform its peer group and the broader stock market after the oil- and gas-production company disclosed that Warren Buffett’s Berkshire Hathaway In...

Apple, CarMax, Coinbase, Peloton and more

An employee arranges Apple iPhones as customer shop at an Apple store. Mike Segar | Reuters Check out the companies making headlines in midday trading. Apple — The big technology stock shed 5% followi...

Apple, CarMax, Bed Bath & Beyond and more

Check out the companies making headlines before the bell: Apple (AAPL) – Apple lost 2.2% in the premarket after BofA Securities downgraded it to neutral from buy. BofA said Apple has held up relativel...

I like Boston Scientific over Medtronic

Dow Inc: “Don’t buy it back. … It’s just not right.” SoFi Technologies Inc: “This stock is too cheap. … The CEO is going to make you money if you buy that sto...

I can not recommend Occidental Petroleum

Universal Display Corp: “How about when it gets to say, 18, 19 times earnings, you actually pull the trigger. Wait for that stock to come down.” Nucor Corp: “I think you have to now ...

UiPath, ChargePoint, Twitter and more

The logo and trading symbol for Twitter is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, July 11, 2022. Brendan McDermid | Reuters Check out the companies ...

Kohl’s, Broadcom, Lululemon and more

People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Check out the companies making the biggest moves midday: Kohl’s — Share...

Here are 5 reasons why energy stocks look like a buy despite rising 74% in a year

Stocks in the S&P 500’s energy sector still have plenty of upside despite their 74% surge in the past 12 months, according to Jeff Buchbinder, chief equity strategist at LPL Financial. The strong ...

AMC, Signify Health, Netflix and more

Netflix is expanding its push into mobile gaming. Sopa Images | Lightrocket | Getty Images Check out the companies making the biggest moves midday Monday: AMC — Shares of the theater chain dropped nea...