Latest news with #Trump-era
Yahoo
2 hours ago
- Business
- Yahoo
Jim Cramer Says He Expects 'Chevron to Raise Numbers'
Chevron Corporation (NYSE:CVX) is one of the stocks in Jim Cramer's game plan this week. Cramer discussed the company in light of its legal battle with Exxon, and commented: 'Alright then, to wrap things up, we have Exxon and Chevron reporting. With Chevron coming right off its legal victory against Exxon, I regard it as a victory, a victory that let them buy Hess, I expect Chevron to raise numbers, especially now that the president's allowed it to restart pumping in Venezuela.' Photo by Luis Ramirez on Unsplash Chevron (NYSE:CVX) is an integrated energy company involved in the exploration, production, transportation, refining, and marketing of oil, natural gas, and petrochemicals. The company is also involved in renewable fuels, carbon capture, and the manufacturing of industrial additives and plastics. On July 8, a caller asked about the company, and noted its rising dividends and progress toward finalizing the Hess acquisition. Cramer responded: 'You were totally right. I've gotta tell you, they get that Hess deal closed, and you must own the stock. You know, Jeff and I have been talking… Jeff Marks, trying to figure out the energy sector. I think you're onto something. Chevron will be a winner. Mike is a winner. I like your call…' While we acknowledge the potential of CVX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
8 hours ago
- Business
- Yahoo
Jim Cramer Says 'I totally get Nebius Group' But He is a 'CoreWeave person'
Nebius Group N.V. (NASDAQ:NBIS) is one of the stocks Jim Cramer shed light on. When a caller asked about the company during the lightning round, Cramer stated: 'Look, I totally get Nebius Group, but I am through and through a CoreWeave person. And because I'm a CoreWeave person, can't own them both, but we got, we kicked the tires on Nebius, and we went all in CoreWeave, and I'm not going to change my view.' Photo by Adam Nowakowski on Unsplash Nebius (NASDAQ:NBIS) develops full-stack AI infrastructure, including GPU clusters, cloud platforms, and developer tools. The company also operates businesses focused on data services for AI, tech education, and autonomous vehicle technologies. On July 15, a caller inquired about the stock, and Cramer replied: 'Okay, Nebius, I checked them out when I was at GTC… at the big NVIDIA trade show. And I came back and I said, CoreWeave, just buy CoreWeave. Don't deviate, buy CoreWeave. And so far, that's been very right.' While we acknowledge the potential of NBIS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Japan Forward
9 hours ago
- Business
- Japan Forward
Foreign Minister Cho Hyun Visits Tokyo Ahead of US Trade Showdown
Japanese Foreign Minister Takeshi Iwaya met with his South Korean counterpart Cho Hyun on July 29 in Tokyo, where Cho made a brief stop before heading to the United States for his first diplomatic tour since taking office. Cho's visit to Washington comes as Seoul engages in high-stakes talks over sweeping Trump-era tariffs. In July, President Trump announced plans to impose a 25% tariff on all imports from Japan and South Korea unless agreements are reached by August 1. Given the rarity of South Korean foreign ministers visiting another capital before a US trip, some observers speculate that Seoul may have sought Tokyo's advice before advancing its trade negotiations. Japan recently struck a deal with Washington to ease its tariff burden. On Tuesday, Iwaya welcomed Cho's decision to make Japan his first stop since assuming office. "We appreciate the close communication between the governments of Japan and South Korea, including today's meeting, since the inauguration of the Lee Jae-myung administration," Iwaya said. "In the current strategic environment, the importance of Japan–South Korea relations and cooperation between Japan, the US, and South Korea is growing," he added. "Our two countries must work closely together on a range of issues, including those related to the Indo-Pacific region." Japanese Foreign Minister Iwaya and South Korean Foreign Minister Cho hold a 50-minute bilateral meeting in Tokyo on July 29. (©MOFA Japan) Cho, who was sworn in just last week, said the newly minted Lee administration is committed to strengthening ties through a pragmatic foreign policy. "The international situation is challenging," Cho said. "But I believe that by cooperating and maintaining close communication with friendly nations to co-develop strategies, we can overcome crises and turn them into opportunities." He also relayed President Lee's push to restore shuttle diplomacy following the first summit between the two East Asian neighbors. During the meeting, the two ministers also agreed that coordination among Japan, South Korea, and the US is essential for regional peace and stability. Seoul's latest diplomatic engagement comes amid rising concern over the Lee administration's perceived tilt toward China. While former President Yoon Suk-yeol had prioritized deepening ties with like-minded partners, Lee and his ruling party's seemingly pro-Beijing leanings have unsettled policymakers in Washington. Foreign Minister Cho Hyun holds his first phone call with Chinese Foreign Minister Wang Yi on July 28, exchanging views on bilateral ties and other key issues. (©MOFA ROK) Some experts view Cho's visit to Tokyo as a subtle signal that the new government remains committed to preserving the framework built under the previous administration. Lee has also reportedly decided not to attend China's Victory Day ceremony in September. According to diplomatic sources, the president ultimately opted out, citing the need to prioritize the relationship with the US. After a short interlude, Cho departed for a scheduled meeting with US Secretary of State Marco Rubio to discuss, among other issues, Trump tariffs. Tokyo's recent agreement with Washington, under which the US lowers tariffs on Japanese imports from 25% to 15% in exchange for Japan's long-term investment commitments and expanded access to its domestic market, has increased pressure on Seoul to secure a comparable outcome. Trump's trade negotiators are expected to seek similar concessions, possibly using the Japan deal as a benchmark. With that agreement now shaping expectations, Seoul faces difficult choices about what to concede and what to protect in key sectors such as agriculture, digital trade, and automobiles. Author: Kenji Yoshida
Yahoo
9 hours ago
- Business
- Yahoo
RBC Capital Slashes PT on Civitas Resources (CIVI) to $36 From $40
Civitas Resources Inc. (NYSE:CIVI) is one of the most oversold energy stocks to buy right now. On July 8, RBC Capital analyst Scott Hanold lowered the firm's price target on Civitas Resources Inc. (NYSE:CIVI) to $36 from $40 while keeping a Sector Perform rating on the shares. A close up of a tanker truck transporting crude oil, natural gas liquids, and natural gas. The analyst told investors in a research note that the firm is revising its model to include revisions on commodity prices, with RBC's WTI outlook having dropped to $62.25/barrel in 2025 from $64.19 and $52.50/barrel in 2026 from $57.12. RBC's Henry Hub outlook decreased to $3.84/Mcf in 2025 from $4.12 Mcf but rose to $4.00/Mcf for 2026 from $3.87/Mcf. These trends point towards expected improvement in balances, primarily because of more moderate associated gas growth and increasing LNG exports. Civitas Resources Inc. (NYSE:CIVI) is an independent exploration and production company that acquires, develops, and produces crude oil and associated liquids-rich natural gas. Its operations take place primarily in the Denver-Julesburg Basin in Colorado and the Permian Basin in Texas and New Mexico. While we acknowledge the potential of CIVI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
9 hours ago
- Business
- Yahoo
Citizens Financial (CFG) Draws Upgrades as Fee Growth Boosts Outlook
Citizens Financial Group, Inc. (NYSE:CFG) is one of the best bank stocks to buy trading under book value. Citizens Financial Group, Inc. (NYSE:CFG) is attracting renewed optimism from Wall Street after Citi raised its price target to $60 from $57 on July 21, while maintaining a Buy rating. With shares currently trading around $49.20, that implies a potential upside of over 20%, signaling confidence in the bank's near-term prospects. The upward revision follows the company's solid second-quarter performance and encouraging guidance for Q3, particularly in non-interest income areas like fees. Ffooter / In its Q2 earnings report, Citizens reported earnings of $0.65 per share, beating analysts' expectations by a few cents. Although net interest income showed some compression, a common theme across regional banks, strong fee-based revenue and solid expense management helped the bank deliver steady results. Citi noted that Q3 guidance came in stronger than anticipated, especially in fee income, which includes services like wealth management and card-related fees. That improvement could be a sign that Citizens is successfully diversifying its revenue base at a time when interest-rate pressure is hitting lending margins across the sector. As the broader banking sector regains its footing, Citizens' combination of better-than-expected guidance and strong capital positioning makes it a stock to watch. The valuation still leaves room for upside, particularly if fee growth continues into the second half of the year. While we acknowledge the potential of CFG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Sign in to access your portfolio
