247Wallst·2026-03-09 02:00Group 1 - Exxon Mobil (XOM) is up 3.6% in after-hours trading as WTI crude futures spike 18% above $100 per barrel, significantly impacting its earnings and free cash flow [1] - Chevron (CVX) is up 3.5% after hours, benefiting from the oil surge, with a record full-year operating cash flow of $33.9 billion in 2025 and returning $27.1 billion to shareholders [1] - Berkshire Hathaway (BRK-B) is down 1.3% after hours, primarily due to its significant stake in Apple, which is declining alongside the broader tech selloff [1] Group 2 - The market is experiencing a split, with energy stocks like Exxon and Chevron rallying while tech companies such as Apple and NVIDIA are facing declines [1] - The sustained price of oil above $100 per barrel could represent a significant tailwind for energy companies, while the impact on diversified conglomerates like Berkshire Hathaway may be negative [1] - The overall market sentiment is reflected in the declines of major indices, with Nasdaq futures down 2.1%, Dow down 1.9%, and S&P 500 futures off 1.8% [1]