Goldman Sachs has revised down its estimate for oil prices next year, basing the revision on expectations of stronger supply and weaker demand. The bank sees Brent crude averaging $80 per barrel in ...
Countries that are part of OPEC, the intergovernmental organization that oversees global oil markets, are cutting their output as oil demand has slowed due to higher energy prices amid the Iran war.
OPEC’s crude output fell further last month as the near-closure of the Strait of Hormuz forced major Gulf producers to curb production and reroute exports, prompting the cartel to cut its demand ...
Advanced Micro Devices AMD reported first-quarter revenue of $10.25 billion, up 38% year over year and above the high end of guidance. AMD expects June-quarter revenue to be $11.2 billion at the ...
OLED Q1 EPS plunged 43.7% and revenues fell 14.5%, both missing expectations. Universal Display saw declines across materials, royalties and research revenue streams. OLED cut 2026 revenue outlook to ...
ANA Holdings, the parent of All Nippon Airways, managed to comfortably exceed its financial year earnings forecast thanks to another strong passenger revenue performance. The company reported a net ...
General Dynamics (GD) is scheduled to announce Q1 earnings results on Wednesday, April 29th, before market open. Wall Street, on average, expects the aerospace and defense company to post a quarterly ...
ASM International NV projected revenue for the second quarter that exceeded analysts’ estimates, underscoring that artificial intelligence investments are driving demand for the Dutch chip-equipment ...
ASML $ASML raised its full-year 2026 revenue forecast after first-quarter results beat expectations, with the company citing AI-driven chip demand that it said is ...
Brazil’s second Long-term Reserve Capacity Auction (LRCAP) of 2026 has contracted 501 MW of thermoelectric capacity, leaving an estimated 3 GW of remaining demand to be addressed in a forthcoming ...
Delta Air Lines and American Airlines each raised their first-quarter revenue forecasts Tuesday as demand accelerated into March, more than offsetting a roughly $400 million fuel cost increase at each ...
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