XOM Jan 2025 140.000 put
- Yahoo Finance Video
ExxonMobil: Truist downgrades stock, cuts price target
Energy giant ExxonMobil (XOM) has received a downgrade from Truist Securities to Hold from Buy. The firm has also slashed its price target for ExxonMobil's shares from $146 to $124, citing valuation concerns in the near term. Yahoo Finance's Madison Mills and Seana Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
- Yahoo Finance Video
How the Fortune 500 has evolved: Opening Bid
The Fortune 500 is one of the oldest and most prestigious lists in the financial media world. First published in May 1955, the Fortune 500 ranks companies based on their annual revenue. The top ten companies on the inaugural list included industrial giants like General Motors (GM), U.S. Steel (X), Chrysler, and oil powerhouses such as Jersey Standard (now Exxon Mobil (XOM)), and Gulf Oil. Fast forward to today, and the list has undergone a remarkable transformation, reflecting the rise of technology titans like Microsoft (MSFT), Nvidia (NVDA), and currently holding the top spot is discounted retailer Walmart (WMT). While the Fortune 500 showcases a company's revenue size, which is crucial for investors, it also sheds light on the visionary leaders steering these corporate giants. Yahoo Finance Executive Editor Brian Sozzi sits down with Fortune Editor-in-Chief Alyson Shontell to uncover the story behind the world's biggest companies and their trailblazing leaders. This post was written by Angel Smith
- Zacks
ExxonMobil's (XOM) Golden Pass LNG Project Faces Six-Month Delay
ExxonMobil (XOM) and QatarEnergy's ambitious Golden Pass LNG project faces a significant delay after contractor issues, pushing the expected startup of key LNG trains to late 2025 and early 2026.
