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The Marked Chart Wire · Business
ExxonMobil
ExxonMobil intends to repurchase $20 billion of its stock in 2027. The company's CEO addressed market concerns regarding oil prices during a recent discussion.
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Earnings
Chevron and ExxonMobil exceeded earnings estimates as refining margins expanded due to high diesel prices. Chevron's net income rose to $9.9 billion, while ExxonMobil's reached $15.4 billion.
ExxonMobil Earnings
ExxonMobil is set to report third-quarter results on Friday. Analysts currently project earnings per share of $4.03 and revenue of $106 billion, supported by improved refining margins.
SpaceX Tesla Merger
The two companies are said to be formally evaluating a potential combination, with success hinging on a specific condition.
HotQualcomm
Qualcomm stock fell 11 percent to $164.79 following a warning from Intel regarding the personal computer market. The decline raises questions about whether smartphone sales have stabilized.
Netflix
The streaming giant reported solid financial results for the previous quarter, though the focus remains on how much time users spend on the platform.
Johnson & Johnson
Johnson & Johnson reported $7 billion in charges but still increased its business outlook.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.