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Exxon Mobil Corporation News

Stock Market Today - 7/5: Stocks Slide On Recession Fears; Dollar Hits Two-Decade Peak

A brief overnight inversion of the U.S. yield curve, as well as mounting signs of a near-term recession, have stocks on the back foot heading into the holiday-shortened week.

Exxon Stock Jumps On Bets For Record Q2 Profits Amid Global Oil Price Surge

"High energy prices are largely a result of underinvestment by many in the energy industry over the last several years and especially during the pandemic," Exxon said.

Stocks Slide On Recession Fears, Week Ahead, Tesla, Exxon And SAS - Five Things To Know

Stock futures lower as recession concerns mount; Week Ahead: Fed minutes, jobs report in focus; Tesla shares slide after Q2 delivery slump; Exxon shares jump on record Q2 profit bet and Swedish airline SAS files for bankruptcy in the U.S.

Exxon, Others May Benefit From LNG Strength: Wells Fargo

Natural gas prices recently reached 13-year highs amid the Ukraine-Russia war. And Wells Fargo analysts believe the strength will continue.

Stock Market Today-6/24: Dow Surges 800 Points As 'Relief Rally' Defies Global Growth Concerns

Stocks finished sharply higher Friday as investors rode a so-called 'relief rally' while re-setting other market prices for a near-term recession.

Breaking News

Tesla Stock Slips Lower After Q2 Delivery Slump, Planned Factory Closures

Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.

Exxon Stock Jumps On Bets For Record Q2 Profits Amid Global Oil Price Surge

"High energy prices are largely a result of underinvestment by many in the energy industry over the last several years and especially during the pandemic," Exxon said.

Summers, Others Cite Growing Chance of Recession

GDP shrank an annualized 1.6% in the first quarter, and some experts anticipate another drop in the second quarter.

Coinbase Faces A New Scandal

The platform denies selling proprietary customer data and announces it is expanding into several European countries.