Dow Jones Top Energy Headlines at 4 PM ET: Crude Jumps As U.S. Revokes Iran Authorization to Sell Oil | U.S. …
Crude Jumps As U.S. Revokes Iran Authorization to Sell Oil
Oil futures were sharply higher as the U.S. revoked Iran’s license to sell oil in response to Iranian attacks on ships in the Strait of Hormuz.
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U.S. Revokes Waiver Allowing Sale of Iranian Oil
Oil prices jumped after the U.S.
Read MoreOil’s $100 Threshold: What It Means for Energy Stocks Now
Quick Read
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Chevron beat Q1 EPS by 46% for the sixth straight quarter, powered by 15% production growth from the Hess acquisition, not $100 crude.
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Exxon trades at $137 and Suncor at $55, while Chevron’s Wall Street consensus target of $217 sits well above its current price.
» Read more about: Oil’s $100 Threshold: What It Means for Energy Stocks Now »
Read MoreThe Risk Warren Buffett Considers Worse Than Holding Cash
Warren Buffett has never been shy about voicing his opinion on idle cash. As he explained in an op-ed written for the New York Times during 2008’s subprime mortgage meltdown, “Today people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.”
» Read more about: The Risk Warren Buffett Considers Worse Than Holding Cash »
Read MoreThree simple investing mistakes that limit high earners’ wealth
When financial adviser James Smith meets a new client, one of his first tasks – particularly if they’re younger – is to get them to the “aha moment”.
That is when they realise just how powerful compounding is,
» Read more about: Three simple investing mistakes that limit high earners’ wealth »
Read MoreGot $1,000? 2 Red-Hot Tech Stocks Setting the Market on Fire in 2026
Two stocks have defined the market so far in 2026: Sandisk (NASDAQ: SNDK) and Micron (NASDAQ: MU). These two are leading the S&P 500 (SNPINDEX: ^GSPC) in performance and have been the stocks to own this year.
Micron is lagging a bit behind Sandisk,
» Read more about: Got $1,000? 2 Red-Hot Tech Stocks Setting the Market on Fire in 2026 »
Read MoreThe Burst
Forget Billionaire’s Amazon Buy, Time For This Mag 7 Stock?
Stanley Druckenmiller’s Q3 purchase of nearly half a million Amazon shares drew attention, but the move is more interesting when viewed in context.
Druckenmiller has a long habit of trading Amazon in cycles, buying heavily when sentiment softens and trimming when momentum returns. His last cycle didn’t produce much upside, making his decision to jump back in at a higher cost especially noteworthy.
» Read more about: Forget Billionaire’s Amazon Buy, Time For This Mag 7 Stock? »
Read MoreThe Ivy
Is This AI Stock a Buy Heading Into 2026?
CoreWeave sits in a new category analysts now call the neocloud. Rather than operating like traditional cloud providers built for broad, generalized workloads, neoclouds specialize in dense clusters of GPUs designed purely for AI training and inference.
In practical terms, CoreWeave is building industrial-scale AI factories, meaning customized data centers filled with Nvidia’s highest-end accelerators,
» Read more about: Is This AI Stock a Buy Heading Into 2026? »
Read MoreThe Spotlight
Berkshire’s $9.7 Billion OxyChem Deal Means What?
Buffett’s firm has spent years amassing a giant stake in Occidental Petroleum (NYSE: OXY), starting with a $10 billion preferred stock and warrant package in 2019 that helped Occidental fund its acquisition of Anadarko.
By mid-2025, Berkshire had built that into a 32.7% equity position, making OXY one of its six largest holdings.
» Read more about: Berkshire’s $9.7 Billion OxyChem Deal Means What? »