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Oil is Near $100. Shale Isn't Coming to the Rescue.
Frackers are constrained by investor payouts, inflation and interest rates, keeping spending in check. Source link
Fuel Prices Are Soaring: Who Is Feeling the Pinch?
Production cuts made by OPEC and its allies have pushed crude oil to 10-month highs. Source link
Messi Drives Jump in Apple TV+, MLS Subscriptions
The Argentine soccer superstar’s arrival brings more than 110,000 sign-ups to MLS Season Pass on the day of his first match with Inter Miami. Source
J&J's $40 Billion Split-Off Sets Stage for Pharma, Medical Tech Expansion
The healthcare giant’s separation of its consumer-health business arms it with billions in cash for allocating capital in the remaining businesses. Source link
Spectrum Customers Lose ESPN as U.S. Open, College Football Heat Up
Charter Communications subscribers are caught in the middle of a philosophical fight between the cable giant and Disney, parent company of ESPN, ABC and several
This Company Is Nvidia's AI Chip Partner—and Its Stock Is Soaring
SK Hynix has long been a major player in the boom-and-bust world of memory chips, but it hasn’t historically been viewed as an industry pioneer.
Ukraine's Farmers Count the Cost of Grain Deal's Collapse
Russia’s exit from the Black Sea export agreement and its attacks on Ukrainian ports have led to lower income and higher costs in Ukraine’s agriculture
Dick's Sporting Goods Blames Theft for Profit Woes
The retailer’s second-quarter earnings fell short of expectations and it incurred a fresh round of severance expenses from recent job cuts. Source link
The AI Trade Faces Its First Major Test With Nvidia Earnings
The chip maker’s rosy forecast lifted markets in a turbulent time—but the bar to dazzle investors is higher now. Source link
Instacart Set to Raise IPO Price Target After Successful Arm Debut
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