Baker Hughes Co. (NYSE: BKR) on Friday reported the total number of rotary drilling rigs operating in the United States hit 402 this week – a five-unit week-on-week increase. The most recent U.S. rig count reflects a four-unit increase in oil rigs (to 309), a
TipRanks 2 ‘Strong Buy’ Stocks With 7% Dividend Yield You can get whiplash, trying to follow the market fluctuations these days. Volatility rules for now, as investors are pulling out of Big Tech – a move that is pushing the general markets down. The bearish
By Aaron Clark and Sharon Cho on 2/26/2021 PetroChina storage tanks (Bloomberg) –China’s oil stockpiles have risen to around 100 days worth of net imports, making it increasingly challenging to find extra storage tanks and facilities to hold supplies, two people with knowledge of supply
Bitcoin (BTC) has seen a corrective week as the price dropped from $58,000 to $44,000 in a matter of days. This dropdown caused a panic reaction across the markets as the euphoria was immediately halted. For instance, the Crypto Fear and Greed Index plunged to
(Reuters) – Not even the coronavirus pandemic could dampen Warren Buffett’s enthusiasm for the future prospects of America and his company Berkshire Hathaway Inc . (NYSE:BRKa) Buffet used his annual letter to investors to assure that he and his successors would be careful stewards of
Stony Brook, N.Y. First day of the 2020 fall semester at Stony Brook University. Newsday LLC | Newsday | Getty Images Some of the most selective colleges and universities are seeing a surge in applications for incoming freshmen this fall. Yet other schools are struggling.
Berkshire Hathaway reported Q4 2020 results on Feb. 27, 2021. Earnings per share (EPS) were $23,015. EPS were up by 28.5% year-over-year (YOY). EPS beat the consensus estimate of $16,177.03 by 42.3%. Net investment gains were $30.8 billion, up by 24.6% YOY. Net investment gains
[Reuters] Biden scores legislative win as House passes $1.9 trillion COVID-19 relief plan [Reuters] Investors jumping the gun as TIPS, futures flag early Fed tightening [Reuters] Wall Street Week Ahead: Investors weigh new stock leadership as broader market wobbles [Yahoo/Bloomberg] Texas’s Power Market Is $1.3 Billion Short After Energy
Bill Clark | CQ-Roll Call, Inc. | Getty Images A Covid relief bill backed by Democrats could trigger billions of dollars in cuts to Medicare and other federal programs, like ones that support unemployed workers and student-loan borrowers, if it’s ultimately passed. The funding cuts
Biden’s stimulus checks bill could cut your taxes by $3,100 Congress has President Joe Biden’s pandemic rescue package moving on a fast track to give Americans another big dose of relief. The legislation just cleared the U.S. House and now goes to the Senate. Along