ExxonMobil shares are trading higher today as the oil giant anticipates a reduction in third-quarter upstream earnings due to fluctuating oil prices. However, the company expects positive contributions from gas prices and variations in industry margins. Analysts anticipate strong earnings and revenue for the quarter, with oil prices recently seeing a jump due to geopolitical tensions.
Results for: XOM
This week’s market is seeing SPY rebound after a recent dip, while some stocks like TSLA show weakness and others like XOM show strength. With NVDA earnings looming, QQQ’s performance is likely to be heavily influenced by AI’s narrative.