An analyst warns that “volatility” could emerge if the US election results are close, but traders will be relieved once it's over, giving the market “firmer ground.”
Coinbase's chief legal officer declares that the “contents are a shameful example of a government agency trying to cut off financial access to law-abiding American companies.”
Analysts expressed views on ConocoPhillips’ (NYSE:COP) mixed third-quarter results. On Thursday, ConocoPhillips reported an adjusted EPS of $1.78, beating estimates; revenue of $13.6 billion vs. $14 billion expected. The company boosted its quarterly dividend by 34% to $0.78/share. The company raised the outlook for FY24 production to 1.94-1.95 MMBOED (from 1.93 to 1.94 MMBOED). Truist Securities analyst Neal Dingmann expects pro forma FCF to rise substantially due to strong organic performance