In an aerial view, the Marathon Petroleum Corp’s Los Angeles Refinery is seen on April 02, 2026 in Carson, California.
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The Iran war is starting to show up in the U.S. economy in ways both obvious and not so much,
» Read more about: Here are all the ways the Iran war has affected the U.S. economy so far »
TSLA stock today: Shares of Tesla saw a notable uptick on Wednesday, rising more than 8%. The move reflects a mix of improving market sentiment and renewed attention on the company’s artificial intelligence progress.
The broader market painted a mixed picture.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how renewable energy stocks fared in Q4, starting with Nextpower (NASDAQ:NXT).
Renewable energy companies are buoyed by the secular trend of green energy that is upending traditional power generation.
» Read more about: Reflecting On Renewable Energy Stocks’ Q4 Earnings: Nextpower (NASDAQ:NXT) »
Oil prices have gone on a hyperbolic run this year due to the war with Iran. WTI, the primary U.S. oil price benchmark, has jumped 60% to more than $90 a barrel. Surging crude prices are a near-term boon for oil producers as they’re on track to reap windfall profits.
However,
The crude pricing environment is highly favorable for the integrated energy company’s exploration and production operations. The integrated players also have a stable midstream business that generates cashflows during all the business cycles, thereby making the prospects of the Zacks Oil and Gas Integrated International industry promising.
Also, due to their integrated business model,
» Read more about: High Crude Oil Prices: 3 Integrated Energy Stocks to Bet on Right Away »
Shares of Block (XYZ) have gained 10.6% over the past four weeks to close the last trading session at $66.15, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $84.68 indicates a potential upside of 28%.
Analysts on Wall Street project that Alaska Air Group (ALK) will announce quarterly loss of -$1.61 per share in its forthcoming report, representing a decline of 109.1% year over year. Revenues are projected to reach $3.27 billion, increasing 4.2% from the same quarter last year.
The current level reflects a downward revision of 102.1% in the consensus EPS estimate for the quarter over the past 30 days.
» Read more about: Gear Up for Alaska Air (ALK) Q1 Earnings: Wall Street Estimates for Key Metrics »
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The futures are trading flat after a stellar day across Wall Street, with all major indices finishing deep in positive territory. Traders cited an improving outlook for the Iran War, better-than-expected inflation data,
Speaking in the House of Commons Wednesday Starmer told MPs he will not yield to the U.S. president’s threats.
“It is not our war, and a lot of pressure has been applied to me to take a different course, and that pressure included what happened last night. I’m not going to change my mind.
» Read more about: Trump threatens to shred UK trade deal over Starmer’s Iran war opposition »