ExxonMobil and Chevron on Friday reported second-quarter profits that surged on rising oil prices due to the Iran war. Chevron’s net income soared to $12 billion, a nearly 400% increase compared to $2.5 billion in the same period last year. Adjusted earnings came in at $6.06 per share, 50 cents higher than Wall Street’s estimates….
A customer prepares to eat at the first Chipotle fast-food restaurant in northeastern Mexico on its opening day in San Pedro Garza Garcia, Mexico, July 16, 2026. Daniel Becerril | Reuters Chipotle Mexican Grill on Wednesday raised its same-store sales growth forecast for the year after topping analysts’ quarterly earnings and revenue expectations. The restaurant…
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images South Korean semiconductor shares tumbled on Tuesday, extending a rout in chipmakers after another weak session on Wall Street. SK Hynix plunged more than 10%, while Samsung Electronics fell over 8%….
An Apple logo is visible in a store in lower Manhattan on June 25, 2026 in New York City. Spencer Platt | Getty Images News | Getty Images The U.S. stock market is in a two-month rut, bond yields are making new highs, and earnings from Alphabet and Tesla dropped the ball. Bulls need a…
People are selecting from an assortment of premium Lindt chocolates at the Lindt & Sprungli chocolate shop. Nurphoto | Nurphoto | Getty Images Cocoa prices are beginning to ease after a record-breaking rally, but don’t expect cheaper candy just yet as the world’s biggest chocolate makers turn to social media-inspired products and other strategies to…
The VLCC Mobassa B (previously named Front Forth), one of the two tankers which the UAE defence ministry said was struck by Iranian cruise missiles while transiting the Strait of Hormuz, in Rotterdam, Netherlands, August 18, 2024, in this picture obtained by Reuters on July 14, 2026. Edwin van Werd | via Reuters Oil prices…
An aerial view taken from an helicopter during a media visit shows five platforms over the Johan Sverdrup oil field in the North Sea some 140 kilometres west from the town of Stavanger, Norway, on December 3, 2019. (Photo by Tom LITTLE / AFP) (Photo by TOM LITTLE/AFP via Getty Images) Tom Little | Afp…
Robert Isom, chief executive officer of American Airlines Group Inc., speaks during a Bloomberg Television interview in New York, US, on Wednesday, Dec. 10, 2025. Christian Monterrosa | Bloomberg | Getty Images FORT WORTH, Texas — American Airlines CEO Robert Isom has a math problem. The carrier is flying about 6,500 flights per day this…
Gabon’s outstanding public debt rose 23% year-on-year to 8,780.3 billion FCFA at the end of December 2025, driven by a sharp increase in domestic borrowing as the government shifted away from traditional external financing. According to the Directorate General of Debt, external debt stood at 4,127.6 billion FCFA, while domestic debt reached 4,652.7 billion FCFA….
Apple and Nvidia battled it out on Friday for the title of world’s most valuable company, with the iPhone maker briefly topping the long-time leader in market value. Shares of Nvidia briefly dropped about 3% and its market value dipped to $4.84 trillion in early morning trading, while Apple hovered near a $4.88 trillion market…
