Market Chatter: Genmab CEO Says Western Firms Should Tap Into China's 'Impressive Innovation'
Market Chatter: Genmab CEO Says Western Firms Should Tap Into China's 'Impressive Innovation'
(Bloomberg) -- China’s appetite for overseas wheat and corn is dwindling rapidly, which is likely to heap pressure on world grain markets that have grown accustomed to robust demand from the world’s top agricultural importer.Most Read from BloombergHunter Biden Convicted of Gun Charges by Jury in DelawareApple Hits Record After Introducing ‘AI for the Rest of Us’Dozens of CVS Generic Drug Recalls Expose Link to Tainted FactoriesPimco Warns of More Regional Bank Failures on Property PainStocks Ri
(Bloomberg) -- A series of legal battles in Louisiana has slowed construction of pipeline projects worth more than $2 billion in the state. Yet the litigation wasn’t from environmentalists: It was spearheaded by one of the biggest natural gas pipeline operators in the US.Most Read from BloombergHunter Biden Convicted of Gun Charges by Jury in DelawareApple Hits Record After Introducing ‘AI for the Rest of Us’Dozens of CVS Generic Drug Recalls Expose Link to Tainted FactoriesPimco Warns of More R
At the end of April, natural gas prices at Henry Hub reversed a three-month dip and started heading up again. As a result, natural gas futures prices are now back at the same levels seen at the beginning of this year. The shift in price has triggered a shift in stance, as well. The prospect of stronger pricing and profits, amid a surge in demand, has attracted a round of investor interest in energy stocks. Covering the energy sector for Wells Fargo, 5-star analyst Michael Blum looks at multiple
The heavily concentrated S&P 500 has enjoyed a boost from the big AI hardware and software companies. But a big bull case ahead comes as the tech actually gets put to work.
The U.S. is 100% reliant on imports for 12 minerals that are key to the production of semiconductors and other high-tech products.
SINGAPORE (Reuters) -Oil prices ticked higher on Wednesday amid upbeat global demand views from the U.S. Energy Information Administration and OPEC, reinforced by industry data showing U.S. crude oil inventories fell more than expected last week. Brent crude futures rose 37 cents, or 0.45%, to $82.29 a barrel at 0400 GMT, while U.S. West Texas Intermediate (WTI) crude futures gained 46 cents, or 0.6%, to $78.36. The EIA raised its 2024 world oil demand growth forecast to 1.10 million barrels per day from a previous estimate of 900,000 bpd, while the Organization of the Petroleum Exporting Countries (OPEC) maintained its 2024 forecast for relatively strong growth in global oil demand, citing expectations for travel and tourism in the second half.
Data centers should create fresh demand for electricity in the United States and boost the prospects of Dominion (D), Vistra (VST) and PG&E Corp. (PCG).
Shares for the world’s largest carmaker fell more than 5% last week.
(Bloomberg) -- Freeport-McMoRan Inc.’s new boss says she’s focused on unlocking a large mine’s worth of copper from vast stockpiles of waste rock in an “aggressive” push to boost supply of the metal as global demand climbs.Most Read from BloombergHunter Biden Convicted of Gun Charges by Jury in DelawareApple Hits Record After Introducing ‘AI for the Rest of Us’Dozens of CVS Generic Drug Recalls Expose Link to Tainted FactoriesPimco Warns of More Regional Bank Failures on Property PainStocks Rise
Gas prices are once again on the decline across the U.S., bringing some relief to drivers now paying a little less to fill up their tanks. Here's a rundown of what you need to know. Today's falling gas prices, explained. There are a few factors contributing to today's falling gas prices.