XLE Mar 2025 106.000 call
- Yahoo Finance Video
Noble will get 'ever pickier' on M&A after Diamond deal: CEO
Oil driller Noble Corp (NE) is set to acquire Diamond Offshore Drilling (DO) in a stock-plus-cash deal valued at $1.6 billion. Noble Corp. CEO and President Robert Eifler sits down with the Market Domination team to talk more about the acquisition and Noble's drilling operations amid recent forecasts on crude oil (CL=F, BZ=F) demand. "We drill for some of the largest companies in the world, and they have a lot of needs. And in order to meet those needs globally, we need to have enough assets so that we can spread our investments, around technology and innovation across a bigger base," Eifler says on the company's push to increase its scale. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan. Catch more of Yahoo Finance's coverage surrounding oil prices and the broader energy sector: The big reason why there will be more energy sector deals Energy transition is caught in a 'trilemma,' expert explains IEA warns of 8M barrel per day oil surplus by 2030 Oil may reach $86 per barrel this summer: Goldman Sachs Oil prices rebound despite 'shaky' demand outlook
- Yahoo Finance Video
Energy transition is caught in a 'trilemma,' expert explains
Crude oil prices (CL=F, BZ=F) prices cool Wednesday morning as May's Consumer Price Index (CPI) print reported a 2% decline in overall energy prices. PGIM’s Head of Thematic Research Shehriyar Antia joins Catalysts in-studio to explain why oil price pressures and affordability aren't the only factors having a broad impact on the energy landscape (XLE). "The energy transition is a really long, complicated process. It's not an event, so it's not it's likely not to happen as quickly as maybe we would hope. And so fossil fuels are going to have a long sunset," Antia says. "But, our research found that there are really two themes — one is what we call complementary infrastructure around renewable energy." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan. Catch more of Yahoo Finance's coverage surrounding oil prices and the broader energy sector: IEA warns of 8M barrel per day oil surplus by 2030 Gas prices decline, helping cool inflation in May Oil may reach $86 per barrel this summer: Goldman Sachs 3 areas where inflation is hitting hardest: May CPI Oil prices rebound despite 'shaky' demand outlook The big reason why there will be more energy sector deals
- Yahoo Finance Video
Oil prices, National Amusement ends Skydance talks: Market Domination
It's just an hour to the end of the trading day and the clock is ticking! Market Domination Hosts Julie Hyman and Josh Lipton guide investors through the home stretch all the way to the market close, breaking down leading market stories and top trending stocks. Path Trading Partners Co-Founder and Chief Market Strategist Bob Iaccino provides context as to where oil (CL=F, BZ=F) and gas prices (RB=F) could be headed this summer due to OPEC+'s production cuts. Apple (AAPL) is no short-supply of opportunities this week as Affirm (AFRM) is partnering with the tech giant to integrate buy now, pay later (BNPL) loans into Apple Pay. Needham Senior Media and Internet Analyst Laura Martin explains where she stands on Apple entering the AI race so late into the game. This post was written by Luke Carberry Mogan.
