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Stock impact report

3 Energy Stocks to Buy Pre Earnings [Yahoo! Finance]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Company Research Source: Yahoo! Finance
Since then, oil prices have soared, with the most popular oil ETF, the U.S. Oil Fund ETF ( USO , jumping more than 400%, driven by soaring demand, OPEC cuts, and rising geopolitical escalations. Though energy stocks have come a long way, there are several reasons that they are just getting started, including: Rotation out of High Valuation Tech Stocks into “Old Economy” Stocks Last week, the market sent a clear message that investors are shifting away from high-flying, high-valuation tech stocks, into slower-moving, cheaper, and more stable “old economy” stocks. For example, the Nasdaq 100 ETF ( QQQ was hammered for a more than 5% loss last week while the Dow Jones Industrial ETF ( DIA was flat. Geopolitical Tensions Reach a Fever Pitch The war between Russia and Ukraine began in February of 2022 and has no end in sight. Evidence that the war is likely to drag on came this weekend when the U.S. House of Representatives approved nearly $100 billion in foreign aid mainly to help Show less Read more
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