SlavkoSereda/iStock via Getty Images Crude oil futures climbed more than 1% Thursday as rising worries over geopolitical risk and expectations of tightness in Q3 outweighed a surprise increase in U.S. crude and gasoline inventories. Cross-border tensions between Israel and Hezbollah in Lebanon have been escalating, fanning fears of a wideningContinue Reading
Justin Sullivan/Getty Images News Argus defended its Buy rating on Under Armour (NYSE:UAA) (NYSE:UA) on Wednesday following the recent share price weakness. Analyst Kristina Ruggeri said that the pullback presents investors an attractive buying opportunity. She noted that the athletic apparel company has been working to improve results by closelyContinue Reading
Spencer Platt/Getty Images News Rivian Automotive (NASDAQ:RIVN) shot up in early trading on Wednesday after the electric vehicle maker jointly announced with Volkswagen (OTCPK:VLKAF) the formation of a joint venture to share electric vehicle architecture and software. Bank of America analyst John Murphy said the news is meaningfully positive forContinue Reading
