The Latest Breaking News from XOM

Stocks fell Friday as Amazon and AbbVie tumbled on earnings. Elon Musk disclosed Tesla stock sales.

Someone with a lot of money to spend has taken a bearish stance on Exxon Mobil (NYSE:XOM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Concerns about surging inflation and interest rate hikes are weighing on investors and extending the market’s correction. Amid any market downturn, dividend stocks are considered sound investments to ensure a steady portfolio income stream. Thus, we believe high-yield dividend stocks Exxon (XOM) and International Business (IBM) might be safe bets…

Someone with a lot of money to spend has taken a bearish stance on Exxon Mobil (NYSE:XOM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Futures fell solidly, signaling further stock market losses. Twitter could soon accept a buyout by Tesla CEO Elon Musk.

Exxon Mobil Corp (NYSE: XOM) is the largest oil company by market capitalization and the biggest of the “Super-Majors,” which includes Chevron Corporation (NYSE: CVX), according to RBC Capital Markets.

Someone with a lot of money to spend has taken a bearish stance on Exxon Mobil (NYSE:XOM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Surging inflation, the escalating Russia-Ukraine war, and three-year-high bond yields have caused the benchmark S&P 500 index to founder of late. Given this volatile market backdrop, we think investing in blue-chip high-yield stocks LyondellBasell Industries N.V. (LYB), Phillips 66 (PSX), Altria Group, Inc. (MO), and Exxon Mobil Corporation (XOM) could…

Amid concerns over the Fed’s aggressive interest rate posture, the Russia-Ukraine war, and the emergence of a new COVID-19 variant, which are exacerbating supply chain constraints, the stock market is expected to remain volatile in the coming months. Thus, well-established mega-cap companies are attracting investors’ attention, given their ability to…

Historically, U.S. recessions have been preceded by a surge in oil prices. So, with crude oil prices remaining consistently above $100 per barrel and inflation hitting a fresh 40-year high, many economists expect the economy to suffer a recession this year. Hence, we think it could be wise to bet…

Someone with a lot of money to spend has taken a bearish stance on Exxon Mobil (NYSE:XOM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.