ExxonMobil's Permian Push: Leveraging Technology for Production Growth
ZACKS· 2025-09-19 14:51
Key Takeaways ExxonMobil is advancing major oil projects in the Permian Basin and offshore Guyana.New technologies raised Permian recoverable resources from 16B to 18B boe.XOM's new low-cost proppant boosts fracking efficiency and enhances hydrocarbon recovery.Exxon Mobil Corporation (XOM) , a U.S. oil and gas giant, generates a significant portion of its revenues from exploration and production activities. The company is advancing major oil projects in two key regions – the Permian Basin and offshore oil a ...
PTC Unveils Arena AI Assistant & Supply Chain Intelligence Enhancements
ZACKS· 2025-09-19 14:51
Key Takeaways PTC launched the Arena AI Assistant to guide PLM and QMS users through complex processes.The AI tool supports 15 languages and updates with each Arena release for the latest features.PTC also introduced Arena Supply Chain Intelligence and the Onshape-Arena Connection.PTC Inc. ((PTC) recently augmented its product portfolio with the launch of the Arena AI Assistant—an artificial intelligence (AI)-powered guide embedded directly into its Arena product lifecycle management (PLM) and quality manag ...
Why Qorvo (QRVO) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-09-19 14:51
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores. ...
Here's Why Vornado (VNO) is a Strong Momentum Stock
ZACKS· 2025-09-19 14:51
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks St ...
Amazon launches first fulfilment centre in Abu Dhabi
Yahoo Finance· 2025-09-19 14:51
Amazon has launched its inaugural fulfilment centre in Abu Dhabi in collaboration with the Abu Dhabi Investment Office (ADIO). The centre, situated in Khalifa Economic Zones Abu Dhabi was officially launched during a visit by senior officials from the Abu Dhabi Government. This new facility aims to enhance logistics and fulfilment capabilities, speed up delivery times and expand product offerings for customers throughout the United Arab Emirates (UAE), according to a statement issued by the Abu Dhabi Med ...
These Analysts Revise Their Forecasts On FedEx After Q1 Results
Benzinga· 2025-09-19 14:51
Financial Performance - FedEx Corporation reported first-quarter revenue of $22.2 billion, exceeding analyst estimates of $21.67 billion [1] - The company achieved adjusted earnings of $3.83 per share, surpassing expectations of $3.62 per share [1] Strategic Initiatives - FedEx's president and CEO, Raj Subramaniam, highlighted the company's strategic initiatives and operational data platform, which supports the movement of 17 million packages daily, as key to creating long-term value for stockholders [2] Future Outlook - FedEx anticipates a revenue increase of 4% to 6% year-over-year for fiscal 2026 [3] - The company reaffirmed its commitment to permanent cost reductions of $1 billion through structural changes and the advancement of Network 2.0 [3] Stock Performance and Analyst Ratings - Following the earnings announcement, FedEx shares rose by 3% to $233.29 [3] - Analysts have adjusted their price targets for FedEx, with varying ratings: - B of A Securities raised the target from $240 to $244 [6] - Wells Fargo increased the target from $235 to $250 [6] - Stifel lowered the target from $308 to $29 [6] - Susquehanna raised the target from $285 to $300 [6] - Evercore ISI Group lowered the target from $243 to $239 [6] - JP Morgan decreased the target from $285 to $284 [6]
FedEx expects $1B hit from tariff upheaval, Russell 2000 trades at all-time highs
Youtube· 2025-09-19 14:50
Welcome to Yahoo Finance's flagship show, The Morning Brief. I'm Julie Hyman. Let's get to the three things you need to know today.Markets are taking a breather this morning after a big rally on Thursday. All of the major indices, the Dow, Nasdaq, S&P 500, and now the Russell 2000 closed at all-time highs. The small cap index had not closed at a new record since 2021.It was a highly charged week on Wall Street after the Federal Reserve cut interest rates for the first time this year. Plus, trade tensions wi ...
Mortgage Rates Are Falling — Is Now the Time To Buy?
Yahoo Finance· 2025-09-19 14:50
Group 1 - The average interest rate on a 30-year fixed mortgage decreased from 7.04% in January 2025 to 6.35% as of September 2025, marking a significant drop [1] - A notable one-week drop in mortgage rates occurred in September 2025, falling from 6.5% to 6.35%, which is the largest decrease in a week for that year [1] - The Federal Reserve's recent interest rate cuts are contributing to the decline in mortgage rates, potentially easing borrowing costs for homebuyers [2][4] Group 2 - Each percentage point decrease in mortgage rates can save homebuyers thousands or even tens of thousands of dollars annually [3] - There is speculation that further interest rate cuts may occur later in 2025, but it is uncertain if this will lead to lower mortgage rates [4][5] - Inflation concerns may pose risks to the stability of mortgage rates, as a rise in consumer prices could lead to an increase in rates [5]
Why Quantum Computing Stock Keeps Going Up
Yahoo Finance· 2025-09-19 14:48
Key Points Lake Street Capital initiated coverage of Quantum Computing stock with a buy yesterday. The stock is on course to close the week up 32% on the endorsement. 10 stocks we like better than Quantum Computing › Shares of eponymous quantum computing company Quantum Computing (NASDAQ: QUBT) are soaring for a fourth straight day Friday, up 22.2% through 9:55 a.m. ET and on course to end the week up closer to 32%. You can thank the friendly analysts at Lake Street Capital Markets for that. Imag ...
What's Next for Stocks After Fed's Rate Cut
Youtube· 2025-09-19 14:48
It's time now for the big picture. Let's welcome in Nathan Peterson, who is the director of derivatives analysis at Schwab Center for Financial Research. Happy Friday, Nate. Thanks so much for joining us today. What's sort of the next major catalyst, do you think for these markets given that we've seen the reaction post Fed, we've continued to climb to these record highs. Uh so what's what's what comes up next? What's on your radar? Yeah, that's a good question. And it's like what what will deter the bulls ...