Core Insights - Occidental Petroleum reported fourth-quarter earnings with adjusted earnings per share of 31 cents, exceeding the consensus estimate of 18 cents [2] - The company achieved total production of 1,481 thousand barrels of oil equivalent per day, surpassing guidance [2] - Occidental's principal debt is now around $15 billion, allowing for an over 8% increase in its quarterly dividend to 26 cents per share [4] Financial Performance - The adjusted earnings per share of 31 cents beat expectations, indicating strong financial performance [2] - Midstream and marketing pre-tax adjusted income also outperformed expectations, contributing to a positive earnings report [2] Market Dynamics - Geopolitical tensions involving Iran have kept crude prices elevated, which typically benefits oil stocks [3] - Reports suggest Kinetik Holdings is considering a sale after interest from Occidental-backed Western Midstream Partners, potentially influencing market sentiment [3] Strategic Focus - Occidental is focusing on debt reduction while doubling down on core oil and gas operations, particularly in the Permian Basin [5] - Berkshire Hathaway remains a significant stakeholder, holding approximately 28% of Occidental [5] Stock Performance - Occidental is trading 12.4% above its 20-day simple moving average and 20% above its 100-day SMA, indicating strong short-term and long-term strength [6] - The stock has decreased by 1.37% over the past 12 months but is closer to its 52-week highs than lows, reflecting a solid recovery trajectory [6] Technical Indicators - The RSI is at 71.58, indicating the stock is in overbought territory, while the MACD shows a bullish signal with a value of 1.3818 [7] - This combination suggests bullish momentum supporting the stock's price action despite being overbought [7] Current Price Action - Occidental Petroleum shares were down 1.57% at $50.72, approaching its 52-week high of $52.58 [8] - Key resistance is identified at $52.50, with key support at $42.00 [8]

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 200 points on Friday.The Dow traded up 0.27% to 49,526.91 while the NASDAQ rose 1.03% to 22,917.24. The S&P 500 also rose, gaining, 0.62% to 6,904.13.Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 EarningsLeading and Lagging SectorsCommunication services shares gained by 2.3% on Friday.In trading on Thursday, health care stocks fell by 0.7%.Top HeadlinePPL Corporation (NYSE:PPL) repor ...

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.Considering buying SATL stock? Here’s what analysts think: Photo via Shutterstock ...

Western Union stock is feeling bearish pressure. Why is WU stock dropping?Earnings Beat, But Revenue MissesWestern Union posted fourth‑quarter earnings of 45 cents per share, topping analyst estimates of 43 cents and improving 12.5% from 40 cents a year ago. However, revenue came in at $1.008 billion, missing the $1.045 billion consensus and falling 4.73% year‑over‑year. The company is projecting GAAP sales of $4.254 billion to $4.375 billion and adjusted sales of $4.237 billion to $4.357 billion — above th ...

Shares of Alphabet Inc. (NASDAQ:GOOGL) are moving higher on Friday. There is a chance that this is the beginning of a new uptrend.As you can see on the chart, Alphabet is at a support level. It is also testing its recent downtrend. This is why we have made it our Stock of the Day.Some pundits claim that there are no guarantees in the market. But they are wrong.Markets are always trending. They are always going up, down, or sideways.  And whatever the trend is, it will eventually change.If a market is tradin ...

Group 1 - Fastly's revenue increased by 23% year-over-year, with security revenue growing by 32% due to AI traffic solutions [2] - The company projects 2026 revenue to be between $700 million and $720 million, exceeding Wall Street's prior estimates [2] - Fastly's stock is currently trading 74.8% above its 20-day simple moving average (SMA) and 96.4% above its 100-day SMA, indicating strong momentum [3] Group 2 - Fastly shares have surged 154.55% over the past 12 months, nearing their 52-week highs [3] - The Relative Strength Index (RSI) is at 77.17, indicating overbought conditions, while the MACD shows bullish momentum [4] - Analyst consensus gives Fastly a Hold rating with an average price target of $12.40, with recent target increases from various analysts [5]

Core Viewpoint - Opendoor is undergoing a significant transformation towards an AI-driven operational model, which has positively impacted its stock performance and cost structure [1][7]. Group 1: Operational Changes - CEO Kaz Nejatian announced a complete departure from the previous operational model, branding Opendoor as "AI-Pilled" and emphasizing a cultural shift towards an AI-first approach [2][3]. - The company has reduced its annual run rate costs on hosting from $12 million to less than $5 million by moving core capabilities in-house and eliminating "tech debt" [3][6]. - The valuation pipeline now operates on a streamlined script of about 50 lines of code, resulting in a 90% reduction in feature-building costs [4]. Group 2: Cultural Shift - Nejatian described a "wartime" culture where employees are encouraged to deliver impactful code without bureaucratic delays, exemplified by an employee who automated seller disclosures in their spare time [5]. - The focus on AI has shifted analysts' roles from performing valuations to auditing AI-generated outputs, indicating a significant change in operational dynamics [7]. Group 3: Financial Performance - The stock price of Opendoor increased by 12.47%, reaching $5.23, reflecting investor confidence in the company's new direction towards profitability and efficiency [7]. - The company has successfully cleared legacy inventory and is addressing "organizational debt" that previously hindered its performance [6].

A historic Supreme Court ruling invalidating President Donald Trump's sweeping global tariffs triggered a sharp rally across U.S. equities Friday, as investors cheered the removal of duties that had reshaped trade flows and markets for nearly a year.The decision, issued Friday, held that the International Emergency Economic Powers Act does not authorize the president to impose tariffs. Chief Justice John Roberts wrote that Article I of the Constitution grants Congress alone the power to levy duties and taxe ...

Investors with a lot of money to spend have taken a bearish stance on Adobe (NASDAQ:ADBE).And retail traders should know.We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ADBE, it often means somebody knows something is about to happen.So how do we know what these investors just did? Today, Benzinga's options scanner spotted 23 ...

• C3is stock is taking a hit today. What’s behind CISS decline?Earnings SnapshotThe company reported adjusted loss per share of $4.86, which narrowed from a loss of $24.90 a year ago quarter, as adjusted net income more than doubled to $2.7 million from $1.1 million in the prior year quarter.Voyage revenues rose to $10.6 million from $9.4 million in the prior year, led by higher average TCE rates for the vessels and the decrease in idle days. Average daily TCE increased by 24% in the quarter.Fleet operatio ...