How Trump’s promise of ‘Drill, baby, drill’ faded to ‘Delay, baby, delay’ for oil companies
The oil producers and services firms are cutting budgets and production is in decline mode.
The oil producers and services firms are cutting budgets and production is in decline mode.
(Bloomberg) -- Bank of America Corp. strategists said investors should sell into rallies in US stocks and the dollar, cautioning that the conditions for sustained gains are missing.Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeWhy Car YouTuber Matt Farah Is Fighting for Walkable CitiesBackyard Micro-Flats Aim to Ease South Africa’s Housing CrisisThe Racial Wealth Gap Is Not Just About MoneyTo Fuel Affordable Housing, This Innovation Fund Targets Predevelopme
Bitcoin (CRYPTO: BTC) may be the biggest cryptocurrency by market cap, weighing in at $1.85 trillion on April 24, but that doesn't mean it's the leader across every metric. In fact, it's one of the absolute laggards for one data point in particular -- and it happens to be the heartbeat of many of its peers in cryptocurrency, like Ethereum, Solana, and Cardano. Cryptocurrency is an emerging sector.
Blandina Szalay highlights the importance of oversight if crypto is to accelerate consumer trust, as the largest crypto exchange globally by trading volume faces ongoing regulatory challenges
Glassnode data shows significant accumulation by entities holding over 10,000 BTC.
(Bloomberg) -- President Donald Trump’s raft of tariffs is set to expose just how vulnerable the US stock market is to a trade war.Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeWhy Car YouTuber Matt Farah Is Fighting for Walkable CitiesBackyard Micro-Flats Aim to Ease South Africa’s Housing CrisisThe Racial Wealth Gap Is Not Just About MoneyTo Fuel Affordable Housing, This Innovation Fund Targets Predevelopment CostsThe track record of S&P 500 Index companie
While the broader market has struggled with the S&P 500 down 5.2% since October 2024, Upland has surged ahead as its stock price has climbed by 8.3% to $2.35 per share. This performance may have investors wondering how to approach the situation.
Beacon Roofing Supply currently trades at $123.42 and has been a dream stock for shareholders. It’s returned 536% since April 2020, blowing past the S&P 500’s 91.2% gain. The company has also beaten the index over the past six months as its stock price is up 32.2%.
Shareholders of AdaptHealth would probably like to forget the past six months even happened. The stock dropped 25.2% and now trades at $7.97. This might have investors contemplating their next move.
Zoom has been treading water for the past six months, recording a small return of 3.6% while holding steady at $75.22. However, the stock is beating the S&P 500’s 5.3% decline during that period.