ExxonMobil Cashes In on Refining Boom, Raises Dividend

ExxonMobil Holdings Corporation (NYSE:XOM) stock rose in premarket trading Friday after the oil giant reported better-than-expected third-quarter earnings and revenue, benefiting from stronger refining margins amid the U.S.-Israeli conflict with Iran and Ukrainian strikes on Russian refineries. The company also reported record year-to-date refining performance, including its highest global fuels utilization outside the Middle East, […]

Strive Eyes $1 Billion Raise as Strategy Pauses Bitcoin Buying

Strive (NASDAQ:ASST) is raising up to $1 billion through its SATS preferred stock, while Strategy (NASDAQ:MSTR) left its Bitcoin (CRYPTO: BTC) holdings unchanged last week. What Strive Plans to Do With the $1 Billion Strive announced Monday that it can issue and sell shares of its 15.00% Series A Perpetual SATS Preferred Stock through an […]

Kinder Morgan Analysts Boost Their Forecasts Following Upbeat Q3 Earnings

Kinder Morgan Inc (NYSE:KMI) posted upbeat financial results for the third quarter after the market close on Wednesday. Kinder Morgan reported third-quarter revenue of $4.53 billion, beating the consensus estimate of $4.38 billion, according to Benzinga Pro. The energy infrastructure company reported adjusted earnings of 35 cents per share for the quarter, beating estimates of […]

We Asked ChatGPT, Grok and Claude for 1 Stock to Buy This Week. No One Picked Tesla.

Three AI chatbots were asked for one stock to buy this week, and each came back with a different company from a different corner of the market. ChatGPT chose GE Aerospace (NYSE:GE), Grok chose Netflix Inc. (NASDAQ:NFLX) and Claude chose Valero Energy Corp. (NYSE:VLO). The picks share one thread. All three companies report quarterly results […]

Apple Stock Hits Record High as iPhone Duo Pre-Orders Sell Out in Minutes

Apple Inc. (NASDAQ:AAPL) shares rose over 2% in premarket trading Friday, according to Benzinga Pro, after an AppleInsider report said the iPhone Duo sold out moments after pre-orders opened, pushing the stock to a new all-time high today. Apple was rising even as the Technology Select Sector SPDR Fund (XLK) slipped 0.09% in premarket trading. […]

Ripple Integrates With Stripe-Owned Privy To Expand XRP, RLUSD Payments on XRPL

Ripple has partnered with Stripe-owned Privy to introduce embedded wallets on the XRP Ledger (XRPL). Who Will Benefit From Ripple’s Partnership The partnership will enable developers to build payment applications using XRP (CRYPTO: XRP), Ripple USD (CRYPTO: RLUSD) and other digital assets while expanding support for AI-powered commerce. It will allow: Developers to create and […]

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