Big Oil earnings are set to surge. Why investors may want to be cautious

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ExxonMobil, Chevron, Marathon Petroleum and ConocoPhillips are set to report earnings that could be politically significant, with analysts expecting more than a doubling of earnings per share for the first three companies. Marathon Petroleum is forecast to earn $25.37 per share, compared with $4.51 a year earlier, driven by higher oil prices and record refining margins. Investors will focus primarily on forward guidance and any changes to capital-spending plans. BTIG nevertheless advises caution after the S&P Refining Index rose nearly 160% in 2026, its best performance in at least three decades, and expects consolidation or a significant downward reversion.

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Big Oil earnings are set to surge. Why investors may want to be cautious

Intel plunged 28.6% for its worst drop since 1974 — and the AI sell-off gave the S&P 500 its worst day since June

Intel s’effondre de 28,6 %, son pire recul depuis 1974, et la vente liée à l’IA inflige au S&P 500 sa pire journée depuis...

Italy’s inflation hits 5.4%, outpacing the U.S. and China, as a farmers’ revolt empties shelves of pasta and mozzarella

L’inflation italienne atteint 5,4 %, dépassant les États-Unis et la Chine, tandis qu’une révolte des agriculteurs vide les rayons de pâtes et de mozzarella

Canada expects to seal a deal in June to become the EU’s first ‘associate member’ — ‘everything short of full EU membership’

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Intel plunged 28.6% for its worst drop since 1974 — and the AI sell-off gave the S&P 500 its worst day since June

Intel s’effondre de 28,6 %, son pire recul depuis 1974, et la vente liée à l’IA inflige au S&P 500 sa pire journée depuis...

Italy’s inflation hits 5.4%, outpacing the U.S. and China, as a farmers’ revolt empties shelves of pasta and mozzarella

L’inflation italienne atteint 5,4 %, dépassant les États-Unis et la Chine, tandis qu’une révolte des agriculteurs vide les rayons de pâtes et de mozzarella

Intel plunged 28.6% for its worst drop since 1974 — and the AI sell-off gave the S&P 500 its worst day since June

Italy’s inflation hits 5.4%, outpacing the U.S. and China, as a farmers’ revolt empties shelves of pasta and mozzarella

Canada expects to seal a deal in June to become the EU’s first ‘associate member’ — ‘everything short of full EU membership’