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Exxon Mobil Corporation (XOM): A Good Energy Stock to Add to Your Retirement Stock Portfolio
Hurricanes Have Hammered Louisiana. Gas Exporters Are Still Thriving. -- WSJ
In-depth analysis: Will Taylor Swift's support for Harris ultimately affect the results of the US election?
① American pop singer Taylor Swift, nicknamed 'Swift', has voiced her support for Democratic candidate Harris, becoming an unexpected joy for the Democratic Party; ② How big of an impact will this global pop superstar's voice have on the final result of this year's US election? This may be a more complex question.
Harris Is Still Struggling to Blunt Trump's Edge on the Economy -- WSJ
Being indecisive and deceptive? Microsoft is accused of holding up the carbon reduction flag while selling AI products to energy giants.
As a Silicon Valley giant, microsoft has been establishing its eco-friendly role and in recent years, as a leader in the AI industry, continuously promoting how to use AI to "accelerate carbon reduction". However, media reports that this move by microsoft is "quite hypocritical", because microsoft is also selling AI technology to many fossil energy companies, including exxon mobil and chevron, helping them use AI to develop new oil & gas fields and maximize production.
If Trump is elected, will it be bullish for the energy industry and push up oil prices? History shows: quite the opposite.
According to statistics since 1933, during the 52 years when Democrats took over the White House, the S&P Energy Index rose 2,800 times, while during the 40 years of Republican presidential rule, the index only rose 10 times. A similar conclusion can be drawn from recent history: during Trump's four-year presidency, the S&P 500 Energy Index fell by 40%, while during Biden's presidency it rose by about 96%.
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