Not much people know about $Occidental Petroleum (OXY.US)$ other than being the O&G stock that Warren Buffett owns.
And stock prices have rallied since 2021, from USD 20 per share to USD 63.52 as of writing.
So what do the latest results entail?
1. Net sales are down
Prices came down as the crude oil market marked a 32% decline to an average of USD 73.59.
Even though production was marginally higher than planned, at 1.218 million barrels of oil equivalent daily, ...

- U.S. jobs growth slows in July
- Apple drops 4.8%, dents S&P by 16.175 points
- Amazon.com up 8.3%; sees bright Q3
- Indexes down: Dow 0.43%, S&P 500 0.53%, Nasdaq 0.32%
Wall Street closed lower on Friday after a report of slowing U.S. labor market growth, and all three major indexes posted weekly losses as investors braced for more possible downside surprises a day after disappointing earnings from Apple.
Apple's shares $Apple (AAPL.US)$...

$Apple (AAPL.US)$ Amid the surge of artificial intelligence, AI has become the buzzword on everyone's lips in the tech world. However, it seems Apple might be an exception. During last week's Apple Q2 earnings call for the third quarter of the 2023 fiscal year, the company maintained a sense of "restraint" when it came to AI.
Yet, this outward restraint can't conceal Apple's demand for AI talent. It's possible that Apple has long been expanding ...