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X @Bloomberg
Bloomberg· 2026-08-03 22:25
With Exxon and Chevron reporting their biggest profits in years, oil reporter @MitchellFerman on why US gasoline prices are still so high. https://t.co/D8jy0KTUR8 ...
X @Bloomberg
Bloomberg· 2026-08-03 22:09
With Exxon and Chevron reporting their biggest profits in years, Big Take podcast host Sarah Holder asks oil reporter Mitchell Ferman about why US gasoline prices stay elevated even when crude prices fall.🎙️ Listen now: https://t.co/CDKZEjxWqv https://t.co/8cuGR7xq4C ...
X @Bloomberg
Bloomberg· 2026-08-03 22:00
With Exxon and Chevron reporting their biggest profits in years, oil reporter @MitchellFerman on why US gasoline prices are still so high https://t.co/0mq8v3MwUr https://t.co/RV3MxO1t7O ...
Trump: Latest Talks 'Last Chance' for Iran | Bloomberg Businessweek Daily 8/3/2026
Bloomberg Television· 2026-08-03 21:49
Market Trends & Macroeconomy - S&P 500 increased by 1.5% and the Dow Jones Industrial Average rose by 650 points or 1.2% to reach 53,134 [1][8] - Nasdaq advanced by 2.1% and the Bloomberg Magnificent 7 Index surged by 3.8% [8] - The 2-year Treasury yield stood at 4.25% and the 30-year yield reached 5.23% [8] Industry Dynamics & Corporate Performance - Exxon Mobil and Chevron reported record high profits for the quarter, prompting criticism over high consumer prices [3][4] - Exxon Mobil shares dropped by 0.4% and Chevron shares fell by 1.9% following presidential remarks on excessive profits [7] - Marriott shares tumbled by 6.5% following earnings reports due to construction delays and regional pressures in the Middle East [29][33] - The U.S. lodging sector experienced 5% growth in revenue per available room, driven by strong travel demand and events like the World Cup adding 100 basis points to pricing [32][38] Geopolitics & Regulatory Risks - Strait of Hormuz tensions threatened global supply chains, risking fuel and agricultural shortages with 20% of oil delivery at stake [8] - U.S. immigration enforcement resulted in the removal of nearly 5,000 career criminals and illegal border crossers [4]
X @Bloomberg
Bloomberg· 2026-08-03 20:00
President Trump scolded ExxonMobil and Chevron for “making too much money,” as oil prices surged amid the war in Iran he launched in February alongside Israel https://t.co/sliR5cHdsi https://t.co/poAZcy8fIV ...
X @Cointelegraph
Cointelegraph· 2026-08-03 19:58
🇺🇸 LATEST: Trump said Chevron and Exxon have made too much money. https://t.co/X1x3xA3UVF ...
X @The Wall Street Journal
President Trump said Chevron and ExxonMobil are “making too much money” and should return some of their profits back to the public https://t.co/BIzJoBRekA ...
Trump says Exxon and Chevron made 'too much money' off high oil prices during Iran conflict
CNBC Television· 2026-08-03 19:45
They're making too much money. Okay, based on a shortage, they're making too much money. I don't like it.And I'm I should be the last one to say because I'm a big free enterprise guy. Nobody bigger. And you know, we're you're going to see oil when we're finished with Iran, you're going to see the prices drop through the floor.But they made too much money. Too much money. Chevron, too much money. Uh Exxon Mobile, too much. Too much money.When you look at one company where they made 12 times what they made th ...
Iran War Update and More: Trump Takes Questions in Oval Office (Full Q&A)
Bloomberg Television· 2026-08-03 19:32
Mr. . president, are the talks with Iran now off and are air strikes going around that are going on right now. It's an amazing thing.We have a little problem with Iran because we have many talks and we'll say we have or we don't have. You know what's great about it. But they deny, but they're not denying it. They just put out a statement not denying it.But for some reason the UN, when they're talking, they don't like saying that they're talking. So I say we're in talks. Big deal.We're in talks. And they'll ...
X @Bloomberg
Bloomberg· 2026-08-03 19:15
President Trump scolded Exxon and Chevron for their soaring profits, as oil prices surged amid the war in Iran he launched in February alongside Israel https://t.co/zp6QcFw29v ...