The Daily

Based on key financial metrics such as the price-to-sales ratio, shareholder yield and the price-earnings ratio, the following 3 stocks made the list for top value stocks in the Energy Equipment & Services industry. Those looking for value stocks to add to their portfolio may want to use this list as a starting point for further investment research.

 » Read more about: 3 Undervalued Energy Equipment & Services Stocks for Wednesday, November 20  »

• The Dow Jones backslid another 150 points on Wednesday at its low point.
• Equity markets with little data to chew on are awaiting key earnings reports.
• Nvidia earnings are due after the closing bell, meaningful economic data starts Thursday.

The Dow Jones Industrial Average (DJIA) tested familiar lows on Wednesday,

 » Read more about: Dow Jones Industrial Average struggles to find topside momentum on Wednesday  »

Nvidia (NVDA) is set to report earnings after the bell and give investors another look at the state of AI spending. The stock is already up nearly 200% this year, and more than 2,600% in the past five years as the company’s revenues have run wild amid a surge in demand for its AI chips.

 » Read more about: Stock market today: Dow, S&P 500 eke out gains ahead of Nvidia earnings  »

• US stocks were mixed Wednesday as traders looked ahead to Nvidia’s earnings report.
• Wall Street is estimating the chipmaker will report $33 billion in revenue for the third quarter.
• Traders, meanwhile, dialed back their expectations for rate cuts after a slew of Fed speakers.

 » Read more about: Stock market today: Indexes trade mixed with Nvidia's 3rd-quarter results on deck  »

The first Future Fund chairman, David Murray, says the organisation risks investing taxpayer money in “boondoggle” projects after Treasurer Jim Chalmers directed it to prioritise investments in housing, renewable energy and infrastructure.

Mr Murray, chairman from 2006 to 2012, said Labor was interfering in the independence of the fund, and investment returns of the $230 billion sovereign wealth fund would become more vulnerable.

 » Read more about: ‘Boondoggle investments’ warning on Labor’s Future Fund changes  »

MIAMI – A grand jury indicted nine for conspiring to launder U.S. currency into cryptocurrency on behalf of drug cartels and for running an unlicensed money-transmitting business, prosecutors announced on Wednesday.

The federal indictment identified Nilson Sneyder Vasquez Duarte,

 » Read more about: Prosecutors: 9 caught laundering cash into cryptocurrency for drug cartels  »

 » Read more about: Warren Buffett: 3 Debt Rules You Should Follow if You’re Looking To Grow Wealth  »

The impact of potential tariffs on imports in Donald Trump‘s second presidential administration is causing business owners across different sectors to reevaluate how they would operate in such an economic environment.

During his campaign, the president-elect floated tariffs with up to 60 percent duties on Chinese goods and up to 20 percent on imports from other countries,

 » Read more about: US Business Owners Sound Off on Impact of Potential Trump Tariffs  »

                                        https://www.carscoops.com/author/bradcarscoops-com/                                    

 » Read more about: Someone’s Flipping Tesla’s $40 Tiny Bot For $10,000 On eBay  »

In a report released today, Betty Jiang from Barclays maintained a Hold rating on Devon Energy (DVN – Research Report), with a price target of $46.00. The company’s shares closed yesterday at $37.91.

Jiang covers the Energy sector,

 » Read more about: Devon Energy (DVN) Gets a Hold from Barclays  »