Sector: Energy & Utilities
Tesla is due to release its third-quarter earnings today after the markets close. Will Elon Musk answer analysts’ questions about Walmart solar roof fires?
So far, Chevron (CVX) stock has risen 4.1% in October. The stock might have risen due to higher oil prices and improving equity markets.
Caterpillar reported its third-quarter earnings today. The company's revenues fell to $12.8 billion—a 6% fall compared to the same quarter in 2018.
Integrated oil and gas major BP (BP) is expected to post its third-quarter results next week. Will BP's earnings put on a good show?
US companies are cutting their spending amid an unstable geopolitical scenario. Whether such cuts will lead markets to crash is an intriguing question.