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Elon Musk’s xAI is draining SpaceX’s cash, with little to show for it

SpaceX’s AI division, which houses the Grok platform, generated $818 million of revenue in its last quarter, resulting in an operating loss of $2.47 billion.

3 S&P 500 Stocks We Think Twice About

While the S&P 500 (^GSPC) includes industry leaders, not every stock in the index is a winner. Some companies are past their prime, weighed down by poor execution, weak financials, or structural headw ...

Pennington Partners Bets Big on Broad Market With $5.4 Million VTHR Buy

The Vanguard Russell 3000 ETF offers investors a single-fund solution for diversified exposure to nearly the entire U.S. equity market through a low-cost, passively managed strategy.

2 Services Stocks to Consider Right Now and 1 We Turn Down

Business services providers thrive by solving complex operational challenges for their clients, allowing them to focus on their secret sauce. Furthermore, the demand for their offerings is rising as m ...

Occidental Petroleum lifted from Sell rating at Goldman on shifting focus to free cash flow

Local TV faces financial pinch as political ad spending increasingly moves online

Midterm ad spending on local TV stations is expected to fall 7% this cycle compared with 2022, while online spending could jump 35%.

Oil Could Enter Red Zone by July/August: IEA

The oil market is heading into what Fatih Birol calls the "red zone" this summer. Speaking Thursday at Chatham House in London, Birol warned that rapidly falling inventories, missing Middle Eastern ex ...

Sector Update: Energy Stocks Decline Thursday Afternoon

Energy stocks were lower Thursday afternoon, with the NYSE Energy Sector Index decreasing 0.6% and t

Star Bulk outlines 100% free cash flow payout while keeping $2.1m per vessel minimum cash

ADNOC Warns Gulf Oil Disruptions Could Last Until 2027

It still seems that oil markets are believing their own theories more than hard-hitting warnings from Arab national oil companies. Even with all signs on red, optimism still shows oil prices as depres ...

Chemours falls as EPA's rollback of refrigerant rule raises oversupply concerns

XPON Incurs Loss in Q1, Revenues Down Y/Y on Soft OEM Demand

Expion360's Q1 loss narrows year over year, but revenues decline as OEM demand softens, and management remains optimistic on new battery launches and industrial market expansion.