Environment

The Club on Friday is updating five price targets for stocks in the portfolio to reflect recent developments at the companies and broader macroeconomic trends. We’re also adding a new stock to the bullpen, while reiterating our support for Morgan Stanley amid the recent upheaval in the banking sector. Meta We’re increasing our price target

The Club has taken a restrained approach to the oversold stock market in recent days, making only one purchase after an assertive buying spree the week prior. In a volatile market, investors’ best course of action sometimes is doing very little, or nothing at all. Our only buy this week came Monday. We scooped up

Looking east to the Tracy Power Plant, a natural gas and oil-fired power plant owned and operated by Sierra Pacific Power, located near Interstate 80 and the Truckee River between Reno and Fernley, Nevada. Neil Gilham | Moment | Getty Images Nevada’s largest electricity provider has been approved for a $333 million project to develop

Goldman Sachs said in a research note Thursday the recent energy sector pullback should be viewed as a reason to buy since that strategy has worked well since late 2020. Thinking along those lines, we did add to one of our three oil exploration and production (E & P) stocks twice this month. However, we’re

A new floating storage and regasification unit considered crucial to Italy’s energy independence arrived in Tuscany on March 19, 2023. The Golar Tundra project is a key part of Italy’s plan to reduce its reliance on Russian gas following the invasion of Ukraine. Filippo Monteforte | Afp | Getty Images Europe’s rapid buildout of liquefied

In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the Coinbase logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images The Securities and Exchange Commission issued crypto exchange Coinbase a Wells notice, warning the company that it identified potential violations of U.S.

Bill Ross | The Image Bank | Getty Images Brent oil prices logged losses Monday, dropping below $72 per barrel in intraday trade amid turmoil in the banking sector. The Brent contract with May delivery was trading at $71.64 per barrel at 11:00 London time, down by $1.33 per barrel from the Friday close. The

We’re buying 25 shares of Pioneer Natural Resources (PXD) at roughly $185 each. Following Monday’s trade, Jim Cramer’s Charitable Trust will own 175 shares of PXD, increasing its weighting in the portfolio to 1.26% about from 1.09%. With oil prices and energy stocks under pressure in recent weeks — and the stock market in deep

Chinese President Xi Jinping speaks with Russian President Vladimir Putin as leaders gather for a family photo during the Belt and Road Forum on Yanqi Lake, outside Beijing, China, May 15, 2017. Damir Sagolj | Reuters China and Russia are taking center stage this week as both countries look to deepen ties just as a

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Look for buying opportunities Buy Starbucks Watch Nvidia 1. Look for buying opportunities Stocks ticked largely higher to start the trading week Monday after UBS reached an agreement to buy

In this article BMW-DE RR.-GB Follow your favorite stocksCREATE FREE ACCOUNT Rolls-Royce has been working on a Micro-Reactor program “to develop technology that will provide power needed for humans to live and work on the Moon.” Lorenzo Di Cola | Nurphoto | Getty Images LONDON — The UK Space Agency said Friday it would back

We’re buying 50 shares of Emerson Electric (EMR) at roughly $80.54 and 130 shares of Halliburton (HAL) at roughly $30.20. Following Friday’s trades, Jim Cramer’s Charitable Trust will own 750 shares of EMR, increasing its weighting in the portfolio to 2.38% from 2.22% and 1,800 shares of HAL, increasing its weighting in the portfolio to about

Russia announced that it would cut oil production by 500,000 barrels per day in March after the West slapped price caps on Russian oil and oil products. Picture Alliance | Picture Alliance | Getty Images The International Energy Agency on Wednesday said Russia’s oil export revenues fell sharply in February, prompted by bans and price

In this article @CL.1 Follow your favorite stocksCREATE FREE ACCOUNT Oil production in Azerbaijan Vostok | Getty Images Oil prices fell sharply Wednesday, as traders feared a brewing banking crisis could dent global economic growth. West Texas Intermediate futures fell more than 5% to settle at $67.61 per barrel, reaching its lowest level since December

Energy stocks were slammed Wednesday as U.S. oil prices plunged to their lowest levels since December 2021. The extent of the decline in West Texas Intermediate crude — down 5.5% to under $67 per barrel — seems overdone in an energy market that remains structurally undersupplied. However, we’re not ready to step in right here

A man in Tehran holds a local newspaper reporting on its front page the China-brokered deal between Iran and Saudi Arabia to restore ties, signed in Beijing the previous day, on March, 11 2023. Atta Kenare | Afp | Getty Images DUBAI, United Arab Emirates — When arch-rivals Saudi Arabia and Iran announced they were

Wall Street mounted a relief rally Tuesday, following three straight sessions dominated by the woes of now-collapsed Silicon Valley Bank. Confronted with the ensuing spike in market volatility, we sought to be discerning with our Club portfolio and, eventually, opportunistic in stocks that we felt unreasonably sank. The S & P 500 climbed roughly 1%

Silicon Valley Bank’s historic meltdown last week was largely attributed to deteriorating business conditions in the firm’s concentrated customer base and an ill-timed decision to invest billions of dollars in mortgage-backed securities. But long-time clients and others with intimate knowledge of how SVB operated say the bank did itself no favors. Between the bank’s refusal

Climate activists gather to protest with demanding President Biden stop the Willow Project by unfurling a banner on the Lafayette Square in front of the White House on January 10, 2023 in Washington D.C. Celal Gunes | Anadolu Agency | Getty Images The Biden administration approved a major and controversial oil drilling plan in Alaska,

The River Mersey is one of Europe’s most iconic waterways. On top of being a major hub for shipbuilding and industry, it’s been a source of inspiration for a host of writers, artists and musicians over the years. If all goes to plan, the Mersey could also play a major role in the U.K.’s sustainable