ExxonMobil, Chevron’s combined profits quadrupled in three months as the Iran war raged
Combined profits of ExxonMobil and Chevron for the second quarter soared more than 300% in three months to more than $26 billion.
Thursday, 17 September 2026
Independent coverage of global markets, trade and finance
Combined profits of ExxonMobil and Chevron for the second quarter soared more than 300% in three months to more than $26 billion.
ExxonMobil and Chevron on Friday reported second-quarter profits that surged on rising oil prices due to the Iran war.
US stocks were volatile on Friday morning, after the 10-year Treasury yield (^TNX) jumped to its highest level since January 2025 and Big Tech giants reported continued investments in artificial intelligence.
Shares of Novo Nordisk fell as much as 10% on Friday after the drugmaker said a late-stage heart drug trial failed to reduce major adverse cardiovascular events, or MACE, compared to a placebo.
The S&P 500 Index ($SPX) (SPY) on Thursday closed up +1.66%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +1.19%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +3.36%. September E-mini S&P futures (ESU26)…
New York state sued prediction market platform Kalshi on Friday, alleging that the company is running an "illegal gambling operation."
Prices for used electric vehicles are doing something unusual — and the dynamic poses both good and bad news for consumers, according to automotive experts.
By Andrea Shalal and Patricia Zengerle WASHINGTON, July 31 (Reuters) – A Russia sanctions bill championed by the late Senator Lindsey Graham faces a tough road in Congress as Democrats and some Republicans raise concern…
Nova Ltd. NVMI shares soared 7.4% in the last trading session to close at $394.07. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 27% loss …
EuroDry Ltd. EDRY is a transportation company. The Zacks Consensus Estimate for its current year earnings has been revised 24.9% downward over the last 60 days.
Fifth Third Bancorp acquired a new stake in Circle Internet Group, Inc. (NYSE:CRCL - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).…
Iran's army said on Friday it had launched attacks on strategic U.S. assets and military bases in Kuwait and Bahrain, following the latest wave of U.S. strikes against the Islamic Republic.
Deadly storms that have disrupted copper mines in Chile could amplify market strains, strategists say, as the U.S. and China battle for supply of the critical industrial metal, in turn pushing prices higher.
Amazon shares surged on Friday while Apple dropped as investors reacted starkly differently to their June quarter earnings reports.
CXMT's blockbuster Shanghai debut has put it in the spotlight, but analysts say closing the technology gap in advanced memory chips, not investor enthusiasm, will determine whether it can challenge the global market lea…
Rural retail powerhouse Tractor Supply Company’s TSCO earnings outlook fell again after its Q2 earnings release on July 23.
The Bank of Japan (BoJ) board members decided to leave the short-term interest rate unadjusted at 1.00%, following the conclusion of its two-day monetary policy review meeting on Friday.
The S&P 500 Index ($SPX) (SPY) on Thursday closed up +1.66%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +1.19%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +3.36%. September E-mini S&P futures (ESU26)…
The Bank of Japan kept its policy rate steady on Friday, as it warned that core inflation in the country could exceed its 2% target.
New York Governor Kathy Hochul and Attorney General Letitia James announced early Friday morning that they filed suit against Kalshi for allegedly “running an illegal gambling operation in New York through its predictio…
At Holdings Channel, we have reviewed the latest batch of the 54 most recent 13F filings for the 06/30/2026 reporting period, and noticed that Uber Technologies Inc (Symbol: UBER) was held by 17 of these funds. When hed…
The wheat complex is trading with gains across the three exchanges so far on Thursday. Chicago SRW contracts are trading with gains of 8 to 9 cents on Thursday. KC HRW futures are 12 to 13 cents higher at midday. MPLS s…
Shein won Beijing's approval for a Hong Kong listing after it publicly embraced the Chinese roots it spent years playing down. Now investors are questioning whether that blessing can carry a $40-billion-plus valuation f…
South Korea's stock market staged its sharpest reversal on record on Friday, capping a month of wild swings that underscored how tightly the country's equity market has become tied to the global artificial intelligence …