Earnings Preview: Chevron to Report Financial Results Pre-market on January 31
$Chevron(CVX.US)$ is scheduled to release its financial results pre-market on January 31 ET. Earnings PreviewAnalysts estimate $Chevron(CVX.US)$ to post revenue of USD48.41B for 2024Q4, up 2.61% YOY;
U.S. stocks closed | DeepSeek impacts Global computing power! The Dow Jones stood out, while the Nasdaq fell more than 3%, and NVIDIA plunged nearly 17%.
The Chip Index plummeted over 9%, Broadcom fell over 17%, Taiwan Semiconductor dropped over 13%, AMD and ASML Holding decreased by about 6%, and Oklo, a nuclear power stock that Altman bet on, fell nearly 26%.
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After the Bank of Japan rarely indicated an interest rate hike, the market may return to uncertainty.
To avoid being led by the market and given the uncertainty in the economic outlook, the Bank of Japan may restore ambiguous policy guidance.
"Super Data Week" is coming! The Federal Reserve and the earnings reports of technology giants are being bombarded one after another. Can the U.S. stock market still withstand the test under Trump 2.0?
As the S&P 500 Index just recorded its best performance for the first four trading days of a new president's term since Ronald Reagan took office in the first week of 1985, a wealth of economic news in the coming week will test whether this rally is solid.
International oil prices are experiencing significant fluctuations! What new variables might arise in the future?
Under the pressure of President Trump in the USA, international oil prices fell by about 3.5% last week, ending four consecutive weeks of increase.
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Chevron Sees 1 Million Barrels per Day From One of the World's Biggest Oil Fields in This OPEC+ State
Trump has demanded OPEC to lower oil prices for the second consecutive day, and Putin stated that he will talk with Trump to discuss Energy issues.
On Friday, USA President Trump once again called for the Organization of the Petroleum Exporting Countries (OPEC) to lower oil prices, hoping to undermine Russia's financial revenue from oil production and help end the Russia-Ukraine conflict. Putin had previously responded that he was ready to meet with Trump to discuss Crude Oil Product prices and Other Energy Sources issues. After a 1% drop on Thursday, oil prices continued to decrease slightly on Friday.
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Chevron (CVX.US) has completed the expansion of the Kazakhstan oil field.
Chevron (CVX.US) announced on Friday that it has completed the expansion project of the giant Tengiz oil field in Kazakhstan, expecting that by mid-year, the daily output of this oil field will reach 1 million barrels. The expansion involves an investment of 48 to 49 billion USD. This week, US President Trump stated he would push the Organization of the Petroleum Exporting Countries and its allies, including Kazakhstan, to lower oil prices.