Stock

2024 - 5 - 29

Stock Market Rollercoaster: ConocoPhillips Acquires Marathon Oil While Dow Jones Takes a Dip

ConocoPhillips - Dow Jones - Investing - Marathon Oil Corporation - Nvidia - S&P 500 - Salesforce - Stock Market - Tesla - Treasury Yields

Find out how ConocoPhillips' acquisition of Marathon Oil and the Dow Jones' turbulent ride in the stock market are making waves!

In a surprising move, ConocoPhillips announced its acquisition of Marathon Oil Corporation in a massive all-stock deal, shaking up the energy sector. The $17.1 billion acquisition is expected to boost earnings and cash flows significantly. On the other hand, the stock market witnessed a rollercoaster ride with the Dow Jones leading a slide as rising Treasury yields caused jitters among investors. The volatile market saw the S&P 500 posting its first losing day in three.

As the Dow Jones Industrial Average and S&P 500 struggled, tech giant Nvidia's performance failed to uplift market sentiment, adding to the uncertainty. The bond sell-off further fueled investor concerns, leading to a retreat in major stock indices. Meanwhile, ConocoPhillips' stock faced a downturn amidst the acquisition news, highlighting the mixed fortunes in the energy industry and stock market.

In the midst of all the market turmoil, ConocoPhillips' bold move to acquire Marathon Oil for $17.1 billion in an all-stock deal stands out. This acquisition adds significant resources to ConocoPhillips' portfolio, solidifying its presence in key shale fields. On the other hand, the Dow Jones Industrial Average's 400-point selloff ahead of the Fed report underscores the impact of rising Treasury yields on market dynamics, reflecting ongoing uncertainties in the financial landscape.

ConocoPhillips to acquire Marathon Oil Corporation in all-stock ... (ConocoPhillips)

Download .PDF Acquisition of Marathon Oil Corporation is expected to be immediately accretive to earnings, cash flows and return of capital per share.

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Stock market today: Dow leads stock slide as rising Treasury yields ... (Yahoo Finance)

A spike in Treasury yields has unsettled investors already weighing whether recent data will shift the needle on interest rates.

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S&P 500 posts 1st losing day in 3 as Nvidia's climb fails to lift market ... (CNBC)

Stocks slid Wednesday as choppiness in artificial intelligence darling Nvidia put one of the last few bright spots for traders at risk.

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Dow Jones Sells Off 400 Points Ahead Of Fed Report; Nvidia Falls ... (Investor's Business Daily)

After the opening bell, the Dow Jones Industrial Average lost 0.9%, while the S&P 500 fell 0.7%. The tech-focused Nasdaq composite dropped 0.5% in morning ...

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Stocks sink as bond sell-off fuels jitters (Financial Times)

Tepid demand for new US Treasury auctions drives rates higher and prompts a retreat in major stock indices.

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Dow Jones Today: U.S. Stocks Fall as Treasury Yields Rise ... (Investopedia)

The Dow Jones Industrial Average fell 0.9%, while the S&P 500 shed 0.6% and the Nasdaq Composite slipped 0.5%. Treasury yields continued to climb Wednesday, ...

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Why ConocoPhillips Stock Is Falling Today (Yahoo Finance)

Shares of ConocoPhillips (NYSE: COP) tumbled this morning and were trading 3.5% lower as of 11:30 a.m. ET on Wednesday. With several of its peers on a ...

ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal ... (EnergyNow)

The deal is valued at $22.5 billion when including $5.4 billion in debt. Crude prices have jumped more than 12% this year and the cost for a barrel rose above ...

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ConocoPhillips to Acquire Marathon Oil in $17.1 Billion All-Stock Deal (The Wall Street Journal)

Under the terms of the agreement, Marathon Oil stockholders will exchange each share for 0.255 shares of ConocoPhillips, representing a nearly 15% premium based ...

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ConocoPhillips to buy Marathon Oil in $17 billion all-stock deal that ... (CNBC)

The acquisition will add 2 billion barrels of resources to ConocoPhillips' portfolio, extending its reach in shale fields in Texas, New Mexico and North ...

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Stock Market Today: Dow Down 400 Points; American Airlines ... (Barron's)

The CBOE Volatility Index, or VIX, was up 6%. Traders were reacting to uncertainty around the future path of interest rates. Bond yields were higher, with the ...

Stock market today: Dow leads stock slide as rising Treasury yields ... (Yahoo Canada Finance)

A spike in Treasury yields has unsettled investors already weighing whether recent data will shift the needle on interest rates.

Stock market today: Wall Street wilts to trim its May gains as Dow ... (The Globe and Mail)

NEW YORK (AP) — U.S. stocks sank under the weight of higher yields in the bond market on Wednesday. The S&P 500 dipped 39.09 points, or 0.7%, ...

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Stock market today: Wall Street pulls back, trimming its gains for May (moosejawtoday.com)

NEW YORK (AP) — Stocks are pulling back and trimming their gains for May. The S&P 500 was 0.8% lower in early trading Wednesday and edging further below its ...

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ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal (ABC News)

ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices soar and big oil companies reap massive ...

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Salesforce Earnings Beat, Revenue Light. Weak Guidance Sends ... (Investor's Business Daily)

With software stocks already struggling, Salesforce (CRM) on Wednesday reported first-quarter earnings that topped estimates while revenue missed.

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Stock market today: Wall Street wilts to trim its May gains as bond ... (moosejawtoday.com)

NEW YORK (AP) — U.S. stocks closed lower under the weight of higher yields in the bond market. The S&P 500 fell 0.7% Wednesday, sinking further from its ...

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What's Next For AI Investing: Taking Cues From Nvidia's Earnings ... (Forbes)

Nvidia reported earnings recently. Many investors use Nvidia as a sign of what's to come in artificial intelligence. We examine what the outlook of AI is ...

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Nvidia Stock Jumped After Stock-Split News. These 14 Names ... (Barron's)

Nvidia 's stock split is likely just the start of more of the same from other companies. Investors should pay attention because splits often precede big ...

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Stock market today: Wall Street wilts to trim its May gains as bond ... (St. Albert Today)

NEW YORK (AP) — U.S. stocks closed lower under the weight of higher yields in the bond market. The S&P 500 fell 0.7% Wednesday, sinking further from its ...

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Better Stock-Split Buy: Nvidia or Chipotle? (Yahoo Finance)

Step aside, Chipotle Mexican Grill (NYSE: CMG). There's a more heavily anticipated stock split on the way now. Nvidia (NASDAQ: NVDA) announced in its ...

Stock market today: Wall Street wilts to trim its May gains as Dow ... (The Globe and Mail)

NEW YORK (AP) — U.S. stocks sank under the weight of higher yields in the bond market on Wednesday. The S&P 500 dipped 39.09 points, or 0.7%, ...

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Stock Market News, May 29, 2024: Dow Drops More Than 400 ... (The Wall Street Journal)

Last Updated: May 29, 2024 at 7:37 PM EDT. Stock indexes finished in the red Wednesday, with investors getting jittery again about the interest-rate outlook ...

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Tesla Stock Investors Should Hear What Jensen Huang Just Said ... (The Globe and Mail)

In this week's video, I cover need-to-know news items related to Tesla(NASDAQ: TSLA) during the week of May 20. *Stock prices used were from the trading day ...

Stock market today: Wall Street wilts to trim its May gains as Dow ... (The Globe and Mail)

NEW YORK (AP) — U.S. stocks sank under the weight of higher yields in the bond market on Wednesday. The S&P 500 dipped 39.09 points, or 0.7%, ...

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Salesforce's stock tumbles as earnings provide latest dose of ... (MarketWatch)

The company, seen as a juggernaut in the software industry, came up short with its quarterly revenue guidance, sending its shares sliding 16% in Wednesday's ...

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Stock Market News, May 29, 2024: Dow Drops More Than 400 ... (The Wall Street Journal)

Salesforce stock tumbled Wednesday after the business-software provider reduced its outlook for subscription and support revenue, and issued a downbeat ...

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Stock market today: Asian shares track Wall Street's retreat (The Associated Press)

Shares have retreated in Asia after U.S. stocks fell under the weight of higher yields in the bond market.

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What to Watch Out For After Salesforce Stock's Post-Earnings Plunge (Investopedia)

Salesforce shares plunged more than 16% in extended trade on Wednesday after the cloud-based software company reported its first quarterly revenue miss in ...

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Stock market today: Dow leads stock market slide as rising Treasury ... (Yahoo Finance)

A spike in Treasury yields has unsettled investors already weighing whether recent data will shift the needle on interest rates.

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5 reasons the stock market is headed for a 4% gain in June ... (Yahoo Finance)

"We see positive supports for stocks in June, hence, buy the dip (if it comes)," Fundstrat's Tom Lee said.

Stock market today: Asian shares track Wall Street's retreat (The Globe and Mail)

Real-time index price for TSX Global Mining Index (TXGM), along with buy or sell indicators, analysis, charts, historical performance, news and more.

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Should You Invest in BCE Stock for its Dividend? (The Motley Fool Canada)

BCE stock is not yet out of the woods. But this article could change your perspective about the stock and its dividends.

Salesforce's 'increasingly visible' weakness could spur a stock drop ... (Morningstar.com)

By Emily Bary. Salesforce's stock sinks as the company has investors rethinking its growth outlook. Investors searching for more reason to be cautious about ...

Stock market today: Asian shares track Wall Street's retreat (The Globe and Mail)

Shares retreated Thursday in Asia after U.S. stocks fell under the weight of higher yields in the bond market, with the Dow Jones Industrial Average giving ...

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Dow Slumps 380 Points As Salesforce Stock Suffers Worst Loss ... (Forbes)

The Dow Jones Industrial Average faltered Thursday thanks in large part to a massive selloff for software giant Salesforce, as rosy artificial intelligence ...

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Stock Market Today: Dow Falls More Than 350 Points; Best Buy ... (The Wall Street Journal)

Earnings are due from Costco and Dell. Follow for live updates on stocks and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...

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Stocks fall as Salesforce drops and investors brace for inflation data ... (CNBC)

Stocks fell Thursday, as shares of Salesforce slid on a quarterly revenue miss and soft guidance.

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Dow Jones Slides 375 Points After Jobless Claims, GDP; Salesforce ... (Investor's Business Daily)

Stock Market Today: The Dow Jones dropped 375 points Thursday after jobless claims and GDP. Salesforce plunged on earnings.

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Stock Market Today: Dow Down 350 Points; Salesforce, Nvidia ... (Barron's)

Stocks are headed lower as the market selloff continues with equities struggling amid high bond yields. A disappointing report from Salesforce was weighing on ...

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Stock market today: Dow extends slide as lackluster earnings, rate ... (Yahoo Finance)

Lingering concerns about higher-for-longer interest rates and a Salesforce sell-off put a damper on investors' spirits.

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The Secret Is Out: Here's the Dividend Stock That Warren Buffett Just ... (Yahoo Finance)

The Securities and Exchange Commission requires large money managers to file a form called a 13F, which breaks down the stocks that hedge funds and other ...

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Stock market today: Stocks drift as pressure from the bond market ... (Yahoo Canada Finance)

NEW YORK (AP) — U.S. stocks are drifting Thursday following mixed profit reports from big companies and signals that the economy may be cooling.

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Salesforce shares tumble 20%, on pace for worst day since 2004 (CNBC)

Salesforce shares fell 20% Thursday morning after the company released weaker-than-expected fiscal first-quarter results on Wednesday. · Analysts said broader ...

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Salesforce Stock Slumps After 'Total Mess' of Earnings. What ... (Barron's)

Barron's screened the S&P 500 for the companies with the highest absolute levels of shareholder equity.

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Stock market today: Stocks drift as pressure from the bond market ... (Yahoo Canada Finance)

NEW YORK (AP) — U.S. stocks are drifting Thursday following mixed profit reports from big companies and signals that the economy may be cooling.

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This Stock-Split Stock Is Set to Join Microsoft in the $3 Trillion Club (Motley Fool)

Artificial intelligence (AI) has catapulted Nvidia into the ranks of the world's most valuable companies.

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With 10% Gains This Year, 3M Stock Appears To Be A Better Pick ... (Forbes)

Investors have assigned a higher valuation multiple of 4.4x for Philip Morris stock versus 1.7x for 3M due to its superior revenue growth, profitability, and ...

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