TLDR Exxon Mobil warned falling crude prices could cut Q4 upstream profit by $800 million to $1.2 billion Crude prices dropped sharply in late 2024, with Brent down 19% and WTI down nearly 20% for the year Natural gas price changes could impact earnings anywhere from a $300 million loss to a $100 million gain …
Exxon Mobil (XOM) Stock: Company Warns of $1.2B Q4 Profit Hit from Lower Oil Prices Read More »
TLDR Intel stock jumped over 6% on Wednesday, extending gains to 15% in the first four trading sessions of 2026 The company launched its first “Panther Lake” AI PC chips using the new 18A manufacturing process on January 5, 2026 The Trump administration invested nearly $10 billion in Intel in August, making the U.S. government …
Intel (INTC) Stock Jumps 6% as New AI Chips Launch on Advanced 18A Process Read More »
TLDR Trump initially proposed canceling dividends and stock buybacks for defense contractors, causing Lockheed Martin stock to drop nearly 5% on Wednesday The President criticized defense companies for prioritizing shareholder returns over equipment production and facility investment Defense stocks plummeted during regular trading hours after Trump’s social media posts on Truth Social Trump later announced …
Lockheed Martin (LMT) Stock: Trump Posts Send Investors on Roller Coaster Read More »
TLDRs; Carvana stock gained 2.4% after Vanguard disclosed an 11.86% ownership stake in the company. Jefferies maintains a Buy rating and $550 price target, citing strong December sales data. Retail unit growth and investor flows drive optimism as Carvana navigates high financing costs. Upcoming February earnings will be closely watched for margins, unit growth, and …
Carvana (CVNA) Stock; Rises 2.4% as Vanguard Stake Spurs Investor Optimism Read More »
TLDR Applied Digital (APLD) beat Q2 FY2026 earnings estimates with $0.00 EPS versus expected -$0.12 per share loss Revenue jumped 98.2% year-over-year to $126.59 million, crushing analyst expectations of $85.34 million The company signed leases with two hyperscalers across two North Dakota campuses APLD stock rose 5.5% in after-hours trading following the earnings announcement Analysts …
Applied Digital (APLD) Stock: Q2 Earnings Beat Sends Shares Higher Read More »
Japan’s Finance Minister Satsuki Katayama stood at the Tokyo Stock Exchange on Jan. 5 and declared 2026 a “digital year,” framing traditional exchanges as the primary gateway for investors to access cryptoassets and ETF-like products. As Elliptic noted, she pointed to US spot Bitcoin ETFs as a model, explicitly stating what Japan’s Financial Services Agency …
TLDR Vitalik Buterin likens Ethereum to BitTorrent for decentralization and to Linux for enterprise trust and open-source purity. Ethereum Layer 1 aims to be a trustless base for finance, identity, and governance without relying on intermediaries. Buterin says Ethereum’s openness matches enterprise needs for resilient systems and reduced counterparty risk. He highlighted that businesses and …
Vitalik Buterin Compares Ethereum to BitTorrent and Linux in New Vision for Layer 1 Read More »
The Financial Conduct Authority (FCA) has reduced the fines for two former Carillion finance directors over their part in misleading statements being issued by the firm. Richard Adam and Zafar Khan were both aware of serious financial troubles in Carillion’s UK construction business but failed to reflect this in company announcements or alert the board …
Two former Carillion directors see fines reduced Read More »
The watchdog Financial Conduct Authority (FCA) said Richard Adam and Zafar Khan were both aware of serious financial troubles in Carillion’s UK construction business but failed to reflect this in company announcements or alert the Board and audit committee, leading to poor oversight. Adam and Khan have been fined £232,800 and £138,900, respectively. The fines …
Former Carillion finance directors fined £371,700 Read More »
An article from Longtime finance lead Don Adair, who has been with the company since 1988, will retire Jan. 9. Published Jan. 5, 2026 A streetside view of the Sunnydale Community Center in San Francisco, Calif. Swinerton provided general contracting services for the facility. Courtesy of Swinerton This audio is auto-generated. Please let us know …