The current situation in the Middle East as well as recent voluntary production limitations on the part of major OPEC+ members strongly indicate that BP (NYSE:BP) could be set, not for a record year in 2024, but for a solid year in terms of earnings nonetheless. After the escalation of…

A New York judge on Friday ordered Donald Trump to pay The New York Times and three of its reporters nearly $400,000 to cover their legal costs for a lawsuit filed by the former president that was dismissed last year.Trump sued the Times and the reporters over a 2018 investigation…

Microsoft ended Friday’s U.S. trading session as the most valuable publicly traded company, surpassing Apple after briefly topping the iPhone maker during intraday trading Thursday.Shares of Microsoft climbed more than 3% for the week, bringing the company’s market cap to $2.89 trillion, while Apple’s stock dropped by over 3%, lowering…

Topline Summary PDS Biotech (NASDAQ:PDSB) is a clinical-stage company focused on the development of immunotherapy-based approaches for cancer, primarily at this time virus-driven tumors. In 2023 they shared exciting data in a subset of patients with head and neck cancer, propelling them toward opening a pivotal trial. While their cash…

JPMorgan Chase is scheduled to report fourth-quarter earnings before the opening bell Friday.Here’s what Wall Street expects:Earnings per share: $3.32, according to LSEG, formerly known as Refinitiv.Revenue: $39.78 billion, according to LSEG.Net interest income: $22.98 billion, on an FTE basis, according to StreetAccount.Trading revenue: Fixed income of $3.78 billion, equities…

BEIJING — China’s annual exports fell for the first time in seven years in 2023, even as shipments in December beat expectations, customs data showed Friday.Exports rose by 2.3% year on year in U.S. dollar terms last month, more than the 1.7% increase forecast by a Reuters poll.Imports rose by…

Earlier today, the Bureau of Labor Statistics released the Consumer Price Index for December. The report showed that overall inflation rose by 0.3% in the month of December. If you strip out the volatile food and energy components, core inflation also rose by 0.3%. On a year-over-year basis, core inflation…

BEIJING — Chinese Vice Premier He Lifeng met with global financial executives Wednesday and pledged to make it easier for foreign institutions to invest in the country, state media said.The executives are part of the Chinese securities regulator’s international advisory committee. Vice Premier He is also director of the office…

Citigroup warned investors late Wednesday that charges tied to the decline of the Argentine peso as well as the bank’s reorganization came in far higher than disclosed by the company’s CFO just weeks ago.The bank said its fourth-quarter results, scheduled to be released Friday morning, were impacted by $880 million…

Las Vegas could see a record 400,000 arrivals over the Super Bowl game weekend. Macau could likewise see 200,000 coming for Chinese New Year. MGM’s footprint in both markets plus BetMGM triggers the possibility of a big earnings beat in 1Q24. On Dec. 7 we put a price target of…