Exxon Mobil Corporation (NYSE:XOM) is one of the 11 stocks that Jim Cramer recently commented on. Mentioning that they have seen gains owing to their positions in energy stocks, a caller asked about the company. In response, Cramer remarked:
“Okay,
» Read more about: Jim Cramer Cautiously Blesses Exxon “Because of the Dividends” »
The May jobs report held steady at 4.2 percent. Black unemployment remained over 6 percent. That 4.2 percent headline rate? It hides more than it shows. Forbes points out that while job growth looked solid, the government quietly revised earlier numbers down. The real story is slower, shakier. June’s data is due July 3,
» Read more about: Why The Jobs Report Doesn’t Tell Us The Truth About The Economy »
By STAN CHOE, AP Business Writer
NEW YORK (AP) — U.S. stocks are adding to their records on Monday as Wall Street nears the finish of a second straight winning month.
The S&P 500 was 0.3% higher in its first trading after completing a stunning rebound from its springtime sell-off of roughly 20%.
» Read more about: US stocks add a bit more to their all-time high »
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You’ll never see me write a long bio listing all of my credentials and degrees or refer to myself in the third person.
» Read more about: Tesla Is Losing In China (Rating Downgrade) »
LONDON — Hedge funds sold energy stocks last week at the fastest pace since September 2024 and at the second-quickest clip in the last 10 years, as oil prices fell on easing Middle East tensions, a Goldman Sachs note seen by Reuters on Monday showed.
Crude prices tumbled over $10 last week following a ceasefire between Israel and Iran.
» Read more about: Hedge funds sell energy stocks as oil slumps »
Investors in Sanmina Corporation SANM need to pay close attention to the stock based on moves in the options market lately. That is because the July 18, 2025 $50.00 Put had some of the highest implied …
» Read more about: Do Options Traders Know Something About Sanmina Stock We Don’t? »
Spain’s national grid operator Redeia will plan for a record-high investments in its next strategic plan, chair Beatriz Corredor said on Monday as the blame game over who is responsible for the massive blackout in April continues.
“The company’s next strategic plan will involve the execution of an unprecedented volume of investments,” Reuters quoted Corredor as saying on Monday.
» Read more about: Spain Grid Operator Vows Record Investments After Blackout »
Long-running indie rock group Deerhoof will remove their entire catalogue from Spotify, the band revealed today in a press statement. Their decision is in part a response to a recent $694 million investment made by Spotify chief executive Daniel Ek’s investment fund Prima Materia into a company called Helsing,
» Read more about: Deerhoof will remove music from Spotify, citing Daniel Ek’s A.I. investments »
Bitcoin (CRYPTO: BTC) traders are quietly adjusting their strategies, moving away from downside protection and increasingly positioning for potential gains …
» Read more about: Bitcoin Options Traders Shift Bullish: Here’s Their Strategy For Q3 »
Mortgage rates are likely to edge a little lower in July, continuing the gradual decline we saw in June.
So far, inflation hasn’t risen from higher tariffs, and financial markets seem convinced that the Federal Reserve will cut short-term interest rates in the second half of the year. Together, those two factors could decrease mortgage rates or keep them more or less unchanged.
» Read more about: July Mortgage Outlook: A Rate Drop, or More of the Same? »
