News

3 Reasons RNG is Risky and 1 Stock to Buy Instead

RingCentral’s stock price has taken a beating over the past six months, shedding 30% of its value and falling to $25.50 per share. This was partly due to its softer quarterly results and might have investors contemplating their next move.

3 Reasons to Avoid NXST and 1 Stock to Buy Instead

Over the past six months, Nexstar Media’s shares (currently trading at $149.58) have posted a disappointing 15.5% loss while the S&P 500 was down 2.9%. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.

S&P cuts Woodside's credit outlook to 'negative' after LNG investment decision

Woodside deciding to proceed with the project without a material sell-down of its offtake exposure has eroded ratings headroom, the rating agency said. However, the agency affirmed its 'BBB+' long-term issuer credit rating and 'BBB+' long-term issue ratings on Woodside and its senior unsecured notes. Earlier this week, the Australian oil and gas company approved a multi-billion dollar LNG project in Louisiana, confident of a pro-fossil fuel U.S. administration and strong demand.

Oil rises as US equities rally lifts economy sentiment

LONDON (Reuters) -Oil rebounded on Thursday after strong earnings from Meta and Microsoft supported U.S. equities and offset concerns about the U.S. economy and the prospect of higher OPEC+ oil output. U.S. West Texas Intermediate crude futures rose 47 cents or 0.8% to $58.68 a barrel by 1442 GMT. Brent crude futures gained 71 cents or 1.2% to $61.77.