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News 2026-08-03 15:29 UTC
President Donald Trump escalated his pressure campaign on the energy sector Monday, posting on Truth Social that oil companies must “get your consumer (retail!) Oil Prices DOWN, NOW!” The comments followed Chevron Corp. (NYSE: CVX ) CEO Mike Wirth ‘s interview with Fox Business, in which Wirth detailed the company’s st
News 2026-08-03 15:05 UTC
Long-term interest rates have climbed to their highest levels in two decades, and hyperscaler debt issuance is emerging as a key culprit. Apollo Global’s chief economist Torsten Slok flagged “hyperscaler issuance” as one of three main drivers behind 30-year Treasury yields sitting at a 20-year high, alongside inflation
News 2026-07-31 15:36 UTC
Amazon.com, Inc. (NASDAQ: AMZN ) posted second-quarter 2026 results on Thursday that blew past Wall Street estimates, and eight sell-side firms responded with price target hikes. Amazon Web Services (AWS) growth accelerated to 37% year-over-year, the fastest pace in 18 quarters, while operating income of $27.5 billion