Anton Petrus | Moment | Getty ImagesDrone stocks rallied Monday as retail interest ramped up in the sector following a Palantir partnership with Red Cat Holdings and amid a flurry of mysterious sightings in New Jersey and other Northeast states that Wall Street believes could boost funding for the industry.Red...
Category: Investing
Big Oil wants to help Big Tech power artificial intelligence data centers
Budrul Chukrut | Lightrocket | Getty ImagesExxon Mobil and Chevron are jumping into the race to power artificial intelligence data centers, as the two oil majors bet tech companies will ultimately turn to natural gas to meet their tremendous energy needs.Exxon unveiled plans this week to build a natural gas...
AI play Pure Storage soars 24% after touting it won a contract with an unnamed big tech company
Low-angle view of sign with logo on facade of technology company Pure Storage in the Silicon Valley town of Mountain View, California, October 28, 2018. Smith Collection/gado | Getty ImagesPure Storage shares rallied after announcing a contract with an unnamed "top four" AI hyperscaler in tandem with its fiscal third-quarter results.The...
Top Wall Street analysts tout these energy stocks for attractive dividends
A Chevron gas station in Richmond, California, US, on Wednesday, June 19, 2024. David Paul Morris | Bloomberg | Getty ImagesAdding dividend-paying stocks to a portfolio helps enhance total return while ensuring income and diversification. Moreover, the appeal of dividend stocks increases as interest rates decline, as is currently the case....
Remembering Art Cashin’s most valuable stock market lessons – and the stories behind them
Art Cashin speaking at the NYSE on Dec. 30th, 2022. CNBCArt Cashin, UBS' director of floor operations and a fixture at the New York Stock Exchange for nearly 60 years, died this week at age 83. Cashin was one of the great historians of the stock market, but he was not an...