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Chevron and ExxonMobil are expected to report lower first-quarter profits than last year despite higher oil prices. Falling natural gas prices and lower refining margins impacted the oil majors' results. Natural gas makes up about a third of Chevron's hydrocarbon production, and prices were down 20% year over year. Investors will watch for updates on Chevron's proposed Hess acquisition and ExxonMobil's dispute over the deal. Analysts expect oil prices to remain above $80 but profits to decline in coming quarters.
⏲ 0:38 👁 1.6M
Trading of Trump Media & Technology Group stock since going public has been volatile, confusing analysts. Retail investors enthused by Trump have driven trading despite the company's financial losses and lack of a clear path to profitability. Experts see little in fundamentals to explain the stock price moves and warn of risks from Trump's unpredictable behavior. Lawsuits and hundreds of millions in legal bills from investigations pose financial stability concerns. Similar volatility occurred with Trump's past business, which later went bankrupt.
⏲ 0:41 👁 3.8M
Hulu Selangor MIC chief K Balasundaram says a Perikatan Nasional victory will have no effect on the state or federal governments and won’t improve the Indian community’s wellbeing.<br/><br/><br/>Read More: https://www.freemalaysiatoday.com/category/nation/2024/04/29/boycott-of-kkb-polls-will-come-at-a-price-mic-man-warns/<br/><br/><br/>Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.<br/><br/>Subscribe to our channel - http://bit.ly/2Qo08ry<br/>------------------------------------------------------------------------------------------------------------------------------------------------------<br/>Check us out at https://www.freemalaysiatoday.com<br/>Follow FMT on Facebook: https://bit.ly/49JJoo5<br/>Follow FMT on Dailymotion: https://bit.ly/2WGITHM<br/>Follow FMT on X: https://bit.ly/48zARSW <br/>Follow FMT on Instagram: https://bit.ly/48Cq76h<br/>Follow FMT on TikTok : https://bit.ly/3uKuQFp<br/>Follow FMT Berita on TikTok: https://bit.ly/48vpnQG <br/>Follow FMT Telegram - https://bit.ly/42VyzMX<br/>Follow FMT LinkedIn - https://bit.ly/42YytEb<br/>Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj<br/>Follow FMT on WhatsApp: https://bit.ly/49GMbxW <br/>------------------------------------------------------------------------------------------------------------------------------------------------------<br/>Download FMT News App:<br/>Google Play – http://bit.ly/2YSuV46<br/>App Store – https://apple.co/2HNH7gZ<br/>Huawei AppGallery - https://bit.ly/2D2OpNP<br/><br/>#FMTNews #PRK #KualaKubuBaharu #MIC #IndianVoters
⏲ 1:17 👁 525K
ESA's Gaia mission has discovered the closestand 2nd closest black holes to Earth found yet. In this animation, travel to latter, black hole Gaia BH2, and see what makes it unique. <br/><br/>Credit: ESA/Gaia/DPAC, CC BY-SA 3.0 IGO
⏲ 2:0 👁 395K
Motorsport Legend Toby Price speaks at the 2024 Glenmore Pony Express and Hill Climb at Grassmere.
⏲ 3:13 👁 12.8M
Bitcoin and Ether prices declined as Asian markets opened on Monday, falling around 2 to 3% amid renewed worries about stagflation in the US economy. Slower-than-expected first quarter GDP growth and persistently high inflation data have increased fears of a stagflationary environment. Traders are weighing inflation, growth, and Fed policy risks against the potential for Treasury interventions to inject funds into markets. Most bets still favor no Fed rate cuts this year, but the odds of a single cut are creeping higher against a weakening economic picture.
⏲ 0:35 👁 1.4M
BYD, the world's largest EV maker, predicts that electric cars will completely replace petrol vehicles. This has led to a 10% decrease in prices for 50 models in the industry. BYD's main focus is budget models, but China's EV market is slowing down. Chinese carmakers are expanding overseas to compensate for declining profits. Price competition is expected to spread to international markets. BYD, backed by Warren Buffett, recorded a record profit in 2023 with an 80.7 percent year-on-year increase.
⏲ 0:35 👁 450K
The Biden administration plans to reclassify marijuana as a Schedule III substance, placing it with drugs like Tylenol with codeine according to four sources. For over 50 years, marijuana has been a Schedule I substance, in the same category as heroin and methamphetamines. Cannabis stocks surged on the otherwise down day for markets, with ETFs like MSOS and MJUS jumping around 19-20%. Curaleaf Holdings and Trulieve Cannabis saw share price increases of 19-30% touching new 52-week highs. Schedule III classification would define marijuana as having a moderate to low potential for dependence.
⏲ 0:40 👁 435K
Apple is set to report second-quarter earnings on Thursday, with Wall Street watching closely for updates on iPhone sales. Shares of Apple are down over 10% year-to-date in 2024, facing challenges including weaker iPhone demand in China and increased competition. Many analysts are focused on Apple's \
⏲ 0:36 👁 930K
Aluwaine Tanaka Manyonga created the Chigubhu Lantern, a solar-powered LED light from recycled waste
⏲ 6:1 👁 3.4M
Miami's housing market has been on a tear, with prices doubling since 2018.<br/><br/>The rapid rise is part of a larger trend across the country, but it's been particularly pronounced in Florida. Experts point to investor interest and urban development projects as some of the reasons behind Miami's booming housing market.<br/><br/>Other markets where home prices have doubled since 2018 include Tampa, Florida; Baltimore, Maryland; and Spokane, Washington.
⏲ 1:11 👁 1.9M
The pub chain’s boss has ruled out the adoption of dynamic pricing, a kind of Uber-style surge pricing for pints, which big-name rivals are reportedly adopting.
⏲ 0:36 👁 1.6M
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