Wall Street has slashed these S&P 500 companies' estimates by as much as 70%

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Wall Street has slashed these S&P 500 companies' estimates by as much as 70%

Wall Street analysts tend to accentuate the positive — after all, their broker colleagues have stocks to sell. Indeed, there currently is not a single company within the S&P 500 with majority “sell” or equivalent ratings among analysts polled by FactSet, and that’s …
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Exclusive: Aramco to Win Unconditional EU Clearance for $69 Billion SABIC Deal-Sources

BRUSSELS — World No. 1 oil producer Saudi Aramco is set to gain unconditional EU antitrust approval for its $69 billion buy of a 70% stake in petrochemicals group Saudi Basic Industries Corp (SABIC), people familiar with the matter said on Friday. Aramco …
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Supreme and Oreo paired up for a special cookie. They're now reselling on eBay for up to $15000

Popular cookie Oreo and luxury streetwear brand Supreme recently partnered up for a limited-edition cookie collaboration, and it just might be the most expensive one yet. Supreme announced the joint partnership in a tweet on Monday saying, “Supreme x …
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The Case For Pivoting Into Renewable Energy

Bernard Looney, BP’s new chief executive, wants to cut his company’s greenhouse gas emissions down to zero by 2050. To do that, the world’s sixth-largest energy company is committing itself to massive investment in renewable energy, including wind, solar …
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Elon Musk Now Several Billion Dollars Richer After Tesla Sells More Stock

Another week, another several billion-dollar gain for Elon Musk as Tesla stock continues to roar. Tesla’s share price increased 10.7% as of 1pm ET Friday compared to the market close on February 13, boosting Musk’s net worth by $3.1 billion to $43.3 billion.
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