Exxon CEO says Venezuela needs to transition to democracy for oil investment

Exxon CEO says Venezuela needs to transition to democracy for oil investment

Exxon Mobil CEO Darren Woods said Friday that Venezuela needs to transition to democracy in order for investment in the South American nation’s dilapidated oil industry to make sense. President Donald Trump is pressuring oil companies to invest at least $100 billion in Venezuela to rebuild the country’s oil industry after the U.S. captured former…

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Sandisk stock soars after blowout earnings report reflects AI demand

Sandisk stock soars after blowout earnings report reflects AI demand

Sandisk‘s stock popped 14% after the company crushed Wall Street’s fiscal second-quarter estimates, as the artificial intelligence boom sent demand for its chips skyrocketing. The flash storage memory company reported earnings of $6.20 per share, excluding items, blowing past the $3.62 per share expected by analysts surveyed by FactSet. Revenue totaled $3.03 billion, topping a…

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Trump’s future Fed influence tests market trust — how to prepare your portfolio

Trump’s future Fed influence tests market trust — how to prepare your portfolio

In this week’s Club Check-in, Paulina Likos and Zev Fima break down the uncertainty surrounding the Federal Reserve as markets approach a pivotal transition in May, when a new Fed chair is expected to be appointed, and assess how Club members should be thinking about their investments. Multiple developments have raised questions about the future…

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Trump finally makes his Fed chair pick — What Kevin Warsh means for investors

Trump finally makes his Fed chair pick — What Kevin Warsh means for investors

Financial markets took President Donald Trump’s pick of Kevin Warsh as the next Federal Reserve chair largely in stride, a sign investors see the former Fed governor as a credible steward of monetary policy despite expectations he may push for lower rates. Treasury yields were little changed on Friday immediately following the announcement, a sign…

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