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Oil prices head lower as IEA trims 2025 forecast for demand growth

Oil futures headed lower in Thursday dealings, giving up early gains after the International Energy Agency, in its monthly report, slightly raised its forecast for growth in crude demand in 2024 but lowered its outlook for next year.

People who do these two things at work are nearly 60% more likely to live longer

If you want to live longer, get a stand-up desk at work—or, even better, a walking desk—and drink three or more cups of coffee a day.

Envestnet’s stock rises after company agrees to $4.5 billion takeover by Bain Capital

Bain Capital plans to take Envestnet private. The company is backed by BlackRock, State Street and Franklin Resources.

MicroStrategy follows Nvidia, Broadcom with plans for a stock split

MicroStrategy will conduct a 10-for-1 split in early August. Its stock price has more than tripled over the past year.

PepsiCo’s stock falls as higher prices hurt sales of snack foods

PepsiCo’s stock headed toward a nine-month low in premarket action Thursday after the beverage and food giant reported a rare quarterly revenue miss, citing weakness in snack-food sales and the impacts of product recalls at Quaker Foods.

UBS recommends these options trades to sponge off rival earnings reports

UBS offers a strategy to profit from what they call “gamma rentals” — the idea of earning income by profiting off the volatility rather than the direction of the underlying asset

Why AMD’s stock has been on a recent tear — and how it can keep cruising

AMD shares could continue to benefit from upbeat PC-chip trends and more realistic AI-revenue expectations, according to an analyst.

Investors stay subdued as China prepares to outline plans for economy

The Chinese Communist Party is set to outline its plans for the future of China’s economy at its upcoming Third Plenum meeting which starts on July 15

Conagra’s stock drops after sales miss as frozen, refrigerated food prices fall

Conagra Brands’ stock slumped Thursday, after the parent of food brands including Healthy Choice, Boomchickapop, Duncan Hines and Birds Eye reported quarterly revenue that fell short of forecasts and provided a downbeat profit outlook.

Jobless claims fall to lowest level since late May

Claims fall 17,000 to 222,000 vs. 236,000 estimate

Pfizer signals progress on obesity pill, boosting stock

Pfizer’s stock gained ground early Thursday after the drug company said it has taken a step forward in developing a once-daily pill for obesity.

Roaring Kitty, rumors, and ‘tin foil hat conspiracy theorists’: What’s next for meme stocks?

The last few months have seen a resurgence of interest in meme stocks, boosted by the surprise return of influential trader Keith Gill, also known as Roaring Kitty, to social media.
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