Even by Elon Musk’s mercurial standards, this has been quite a week. On Sunday, it seemed as though the maverick billionaire boss of Tesla,
Small-to-mid-size banks will be the first forced out of business, he says. “There are quite a few banks in the United States right now that have very similar risk characteristics [to Silicon Valley Bank]."
Ether's sell-off has stalled at an upward-sloping trendline, characterizing the rally from October lows.
Devon's dividend policy gives investors a way to capitalize on elevated oil prices.
Upstream players like EOG, COP and FANG are embracing the strategy of production expansion to benefit from potentially profitable crude prices.
The Taiwanese chip giant has been beset with challenges in its efforts to increase its manufacturing footprint in the US.
BP's focus on operational efficiency and cost management is set to yield at least $2 billion in cash cost savings by the end of 2026.
The Zacks Laser Systems and Components industry participants like Lumentum Holdings (LITE) and MicroVision (MVIS) gain from solid demand for applications like Generative AI, autonomous driving, IoT, 5G and healthcare amid challenging macroeconomic conditions.
Gas prices are expected to rise this summer amid higher refining costs and capacity constraints.
A truck driver has been killed after a tank holding waste material depressurized at a construction site in Phoenix, where workers are building an advanced semiconductor manufacturing plant that could supply tens of millions of chips for powering smartphones, vehicles and data center servers. Cesar Anguiano-Guitron, 41, was taking waste material away from the Taiwan Semiconductor Manufacturing Company plant site in a tractor trailer Wednesday, police said. Anguiano-Guitron was inspecting the tank for a potential problem when an uncontrolled pressure release occurred, causing him to be struck by a blunt object and thrown over 20 feet (6 meters).
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