Exxon and Chevron plan to maintain their capital spending and production plans. ConocoPhillips is increasing its budget range to reflect a modest increase in drilling activity in the Permian Basin.
Source: https://www.fool.com/investing/2026/05/07/drill-baby-drill-t…
Lawmakers on both sides of the aisle have recently proposed banning members of Congress from trading individual stocks while in office. This sentiment dates back to the STOCK Act of 2012, which was supposed to be the fix.
Nasdaq surges toward all-time high as TSM earnings ignite chip stock rally. Trump eases Iran concerns, lifting major uncertainty weighing on US indices.
HSBC upgraded its stance on US equities to “overweight” from “neutral” on Tuesday, citing strong earnings momentum and easing geopolitical risks that are shifting investor focus back to fundamentals. The brokerage, however, downgraded Europe ex-UK to “neutral,” warning that economic conditions remain weaker in the region.
