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Chevron's sell-off comes even though it's producing strong results. Global production rose 11% in the second quarter, led by its acquisition of PDC Energy and growth in the Permian and DJ Basins.
Sales for the period ending June 30 totaled $64.7 billion and were up 15% year over year. This came in slightly higher than the $64.4 billion that analysts were expecting.
This is a company that did nearly $15 billion in revenue for this past fiscal year. The CEO had announced previously that he expected the company to do $20 billion in sales by the end of this year ...
The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...
The following is a list of publicly traded companies having the greatest market capitalization, sometimes described as their "market value": [1] Market capitalization is calculated by multiplying the share price on a selected day and the number of outstanding shares on that day. The list is expressed in USD millions, using exchange rates from ...
With $48.666 billion in business with the U.S. federal government, Lockheed Martin, based in Bethesda, Maryland, is the largest U.S. federal government contractor. The Top 100 Contractors Report ( TCR 100) is a list developed annually by the General Services Administration as part of its tracking of U.S. federal government procurement.
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is the parent company of Google, which has long been a proponent of AI. While it appeared caught off guard by the surge in generative AI popularity in late ...
Amazon.com, Inc., is an American electronic commerce and cloud computing company headquartered in Seattle, Washington. Founded by Jeff Bezos on July 5, 1994, as an online bookstore, Amazon went public after an initial public offering on May 15, 1997, during the midst of the dot-com bubble. [ 1] The funds gained from the IPO allowed Amazon to ...