Plus, HP expects to have PCs with a built in AI program available by 2024.
Let's look at what many observers failed to notice about oil, and what could happen when the oil exporting nations -- including Russia -- meet on June 4.
Oil market dynamics in 2023 are a far cry from what was seen in 2022.
If the dollar index melts through support, the path of least resistance for most U.S.-denominated assets will be higher.
It's been weeks since OPEC cut production and look how oil prices have spilled. Here's who to blame -- and why the devil is in the ETFs.
OPEC members must be scratching their heads wondering why oil is collapsing after they took about 1 million barrels per day out of the market.
We always cringe when everyone has the same expectations.
What the majority believes will happen and what the market is capable of pricing in are two different things.
And there are pair of ETFs that can provide a way to trade the two sectors while minimizing risk.
There are several things that make oil producers attractive on a longer-term basis.
Analysts are often reluctant to update forecasts, or just don't bother to update them, so they have a built-in 'lag' effect.
Look for higher prices for PXD in the near future.
And there is one particular stock that has gained my attention in what could become a strong sector.
News that broke late Monday afternoon, though unrelated to oil, might be just as important to an economy struggling to maintain a trajectory of growth as any fertile environment for a re-acceleration of headline level consumer inflation.
Even after Monday's advance the oil bulls may need some time and consolidation before trying to make their next move.
This is bad news for consumers, but it could be good news for U.S. oil companies looking for signs of price, and ideally political, stabilization to step up their game.
This Buffett-supported name is stands out in the space.
Will the Fed follow suit and give the addict (market) its next opioid (QE) fix or stand its ground?
Here's how I'm playing stocks as this group of oil-producing nations -- including Russia -- says they're cutting production.
Whether the Fed pauses interest rate hikes when they meet again in May is likely to be a dominant conversation in the month ahead.
This may be seen as early steps toward moving at least some part of the oil trade away from trading in U.S. dollars.
Will reconfiguring of Fed stress tests force some consolidation across the small to mid-sized banking space? I think that's likely.
Can the bulls keep things running and squeeze the bears?
The wheels of change are in motion as global alliances are shifting.
Oil is breaking downward from a three-month sideways consolidation pattern. Here's what it means for the commodity and energy stocks.
In the case of OPEC, cutting back on oil supplies doesn't do much for boosting prices when demand isn't there.
Let's look at the real prices for Brent and why I would never, ever sell Exxon or Chevron.
Here's why we can't expect China to save the global economy -- and a reminder that commodities are a two-way street, supply and demand.
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