Why ConocoPhillips Rallied Today
Shares of oil and gas giant ConocoPhillips (NYSE: COP) rallied on Monday, up as much as much as 5.1% before settling back into a 3.3% gain as of 2:23 p.m. EDT. Unsurprisingly, today's move is the result of a spike in oil prices triggered by the breakout of this past weekend's conflict with Iran. ConocoPhillips is primarily a U.S.-focused producer, so its supply shouldn't be disrupted by the war. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company ...