Today: 11 June 2026
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NYSE:CVX 6 April 2026 - 11 June 2026

Dow surges almost 930 points after the bell as oil drops on Iran strike reversal

Dow surges almost 930 points after the bell as oil drops on Iran strike reversal

Dow surges 1.86% to 50,848.38 as oil prices plunge after President Trump cancels planned strikes on Iran, easing geopolitical fears; Honeywell, Boeing, Caterpillar, Nike, and Amgen lead gains, while Chevron and Microsoft lag; Brent crude drops 3.93% to $89.44, but inflation concerns persist with May PPI up 1.1% and final demand prices up 6.5% year-over-year.
Dow Edges Up, Nasdaq Slips From Highs; Oil Drops

Dow Edges Up, Nasdaq Slips From Highs; Oil Drops

The Dow rose 0.51% while the S&P 500 was nearly flat and the Nasdaq slipped 0.07% late Wednesday morning, after both indexes set records Tuesday. Oil prices fell, lifting cruise and airline stocks but weighing on energy shares. Micron hit $1 trillion in market cap. Goldman Sachs raised its S&P 500 year-end target to 8,000.
Exxon, Chevron Say Oil Reserves Hit by Hormuz Choke, More Volatility Ahead

Exxon, Chevron Say Oil Reserves Hit by Hormuz Choke, More Volatility Ahead

The U.S. shipped a record 9.9 million barrels from its emergency oil reserve last week, cutting stocks to 374 million barrels. Brent crude settled at $111.28 a barrel Tuesday after signs of progress in U.S.-Iran talks, but Exxon and Chevron warned the market has not fully absorbed the impact of the Strait of Hormuz closure. The IEA reported global oil inventories fell by 246 million barrels in March and April.
20 May 2026
Exxon, Chevron And 4 U.S. Energy Stocks To Watch Today As Oil Spikes On Iran Risk

Exxon, Chevron And 4 U.S. Energy Stocks To Watch Today As Oil Spikes On Iran Risk

Brent crude rose to $109.19 a barrel and WTI to $104.89 after renewed tensions near the Strait of Hormuz. Exxon, Chevron, ConocoPhillips, Occidental, SLB, and Halliburton gained in early trading. U.S. crude inventories dropped by 4.3 million barrels last week, while global oil supply fell by 1.8 million barrels per day in April, according to the IEA.
Oil Slips, but the Real Trade Is Still Hormuz Risk

Oil Slips, but the Real Trade Is Still Hormuz Risk

Brent crude fell 0.2% to $107.58 a barrel and WTI dropped 0.4% to $101.79 after a three-day rally, as traders weighed Middle East ceasefire talks and the Trump-Xi meeting in Beijing. The IEA reported global oil supply fell by 1.8 million barrels a day in April, outpacing a demand drop. The Strait of Hormuz remains a chokepoint, with limited alternative routes. High prices and delayed Fed rate cuts continue to pressure demand.
Chevron Earnings Beat Wall Street, But the Cash-Flow Catch Is Hard to Miss

Chevron Earnings Beat Wall Street, But the Cash-Flow Catch Is Hard to Miss

Chevron reported adjusted earnings of $1.41 per share for the first quarter, beating estimates, but net income fell to $2.2 billion from $3.5 billion a year earlier. The upstream oil and gas unit earned $3.9 billion as production rose, while downstream swung to an $817 million loss. Cash flow from operations dropped to $2.5 billion from $5.2 billion. Shares traded at $193.31 before the U.S. market open.
1 May 2026
Exxon and Chevron Beat Earnings, But the Iran War Left a Bigger Mark Than Oil Prices Show

Exxon and Chevron Beat Earnings, But the Iran War Left a Bigger Mark Than Oil Prices Show

Exxon Mobil and Chevron beat first-quarter earnings forecasts despite lower reported profits, citing disruptions from the Iran war. Exxon’s adjusted earnings reached $1.16 per share, while Chevron posted $1.41 per share. Exxon’s free cash flow was $2.7 billion; Chevron’s was negative $1.5 billion. Both companies said timing effects from unsettled oil shipments weighed on results.
Oil Price Shock Returns: Brent Hits $126 as Trump-Iran Standoff Grips Markets

Oil Price Shock Returns: Brent Hits $126 as Trump-Iran Standoff Grips Markets

Brent crude fell $2.05 to $115.98 after briefly topping $126 a barrel, its highest since 2022, as traders reacted to possible new U.S. military action against Iran. President Trump is weighing strike options and a potential naval operation to reopen the Strait of Hormuz, where about a quarter of global seaborne oil moves. The White House met with energy executives this week to discuss supply risks if Iranian ports remain blocked.
30 April 2026
Best Energy Stocks to Buy Today: 5 Oil Stocks in Focus as Brent Tops $110

Best Energy Stocks to Buy Today: 5 Oil Stocks in Focus as Brent Tops $110

Brent crude climbed nearly 3% to over $110 a barrel as U.S.-Iran talks stalled, disrupting flows through the Strait of Hormuz. Exxon Mobil, Chevron, and ConocoPhillips led U.S. energy stocks as investors tracked the impact of higher oil prices, which are now 54% above pre-war levels. U.S. stock-index futures fell early Tuesday. ConocoPhillips will report earnings April 30; Exxon follows May 1.
Schwab’s SCHD Dividend ETF Is Near $31 — Why Investors Are Choosing It Over VOO Now

Schwab’s SCHD Dividend ETF Is Near $31 — Why Investors Are Choosing It Over VOO Now

Schwab U.S. Dividend Equity ETF (SCHD) held $88.3 billion in net assets as of April 24, with a 3.34% 30-day SEC yield and 0.060% expense ratio. Vanguard’s S&P 500 ETF (VOO) offered a lower 1.16% yield and 0.03% expense ratio. SCHD’s top holdings included Texas Instruments, UnitedHealth, and Chevron. SCHD traded near its 52-week high above $31 on Monday.
Chevron Stock Falls as Oil Prices Crash — Then Strait of Hormuz Risk Returns

Chevron Stock Falls as Oil Prices Crash — Then Strait of Hormuz Risk Returns

Chevron shares fell 2.2% to $183.99 Friday as oil prices plunged after Iran briefly reopened the Strait of Hormuz. Reuters reported Sunday that shipping stalled again following renewed tensions, with at least two ships reporting gunfire. Brent crude dropped 9% Friday to $90.38 a barrel. Chevron’s trading volume more than doubled to 15.7 million shares.
Oil Prices Plunge, Dow Jones Jumps After Iran Reopens Strait of Hormuz (Reuters)

Oil Prices Plunge, Dow Jones Jumps After Iran Reopens Strait of Hormuz (Reuters)

Oil prices dropped and U.S. stocks hit new records Friday after Iran reopened the Strait of Hormuz to commercial shipping during a 10-day ceasefire. Brent crude fell to $88.90 a barrel, while the S&P 500 and Nasdaq set highs. Iran said passage is open but with restrictions, and the U.S. Navy warned of lingering mine threats. Major shipping lines remained cautious about resuming transit.
US Stock Market Today: S&P 500, Nasdaq Hit Records as Oil Slides on Hormuz Reopening

US Stock Market Today: S&P 500, Nasdaq Hit Records as Oil Slides on Hormuz Reopening

The S&P 500 and Nasdaq hit new intraday records Friday after Iran said the Strait of Hormuz would stay open during a 10-day truce, sending oil below $90 a barrel. The Dow reached a two-month high, while Exxon and Chevron fell about 5% as crude dropped. American Airlines rose 8%. Shipping firms warned risks remain in the strait, with U.S. Navy citing unclear mine threats.
Chevron Stock Falls Despite Supreme Court Win as Oil Prices Tumble on Hormuz Reopening

Chevron Stock Falls Despite Supreme Court Win as Oil Prices Tumble on Hormuz Reopening

Chevron shares fell 3.8% to $180.99 by midday Friday after Iran said the Strait of Hormuz remained open, pushing oil prices lower. The drop followed Chevron’s warning last week of a potential $2.7 billion to $3.7 billion first-quarter earnings hit from temporary accounting effects. A Supreme Court win in Louisiana litigation failed to offset the selloff. Exxon and ConocoPhillips also declined.
17 April 2026
When Will Gas Prices Fall? Iran Ceasefire May Not Bring Quick Relief as Oil Rebounds

When Will Gas Prices Fall? Iran Ceasefire May Not Bring Quick Relief as Oil Rebounds

Brent crude rebounded 3% Thursday despite a U.S.-Iran ceasefire, with the Strait of Hormuz still nearly shut and only one oil-products tanker passing in 24 hours. U.S. gasoline averaged $4.166 a gallon on April 9, and AAA said prices could drop slowly. North Sea Forties crude hit a record $146.43 a barrel. The U.S. EIA expects Hormuz flows may take months to recover.
SCHD Draws Fresh Attention After New Dividend and 2026 Reconstitution

SCHD Draws Fresh Attention After New Dividend and 2026 Reconstitution

Schwab U.S. Dividend Equity ETF paid a $0.2569 per-share dividend for March, up 3.3% from last year, and finished a major reshuffle in its annual index reset. SCHD drew $4 billion in Q1 inflows as U.S. dividend funds saw their strongest start since 2020. The fund now holds 104 stocks, with Chevron and ConocoPhillips still its largest positions. Health care and tech exposure rose, while energy and materials fell.
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Stock Market Today

  • BeOne Medicines (ONC) RSI Falls Below 30, Hits Oversold Territory
    June 11, 2026, 5:22 PM EDT. BeOne Medicines Ltd (ONC) shares entered oversold territory Thursday with a Relative Strength Index (RSI) reading of 28.9, below the 30 threshold signaling potential exhaustion of selling pressure. The RSI measures momentum on a scale from 0 to 100, where below 30 indicates oversold conditions. ONC shares traded as low as $253.95, near their 52-week low of $239.25, compared to a 52-week high of $385.22. By contrast, the S&P 500 ETF (SPY) RSI stands at 51.5, suggesting balanced market momentum. Investors may view ONC's oversold status as a buying opportunity, consistent with Warren Buffett's advice to be greedy when others are fearful. ONC last traded at $260.31.

Latest articles

Moderna Gains Almost 8% With Nasdaq Recovery; Cancer Vaccine Pipeline Still a Key Focus

Moderna Gains Almost 8% With Nasdaq Recovery; Cancer Vaccine Pipeline Still a Key Focus

11 June 2026
Moderna surged 7.94% to $49.64 as U.S. stocks rebounded sharply, with investors eyeing its mRNA cancer-vaccine pipeline after a UK trial authorization; Wall Street’s average analyst rating remains “Hold” with a $43.30 target, and BofA raised its price target to $34 citing norovirus prospects, while Moderna reported Q1 revenue of $389 million and a $1.3 billion net loss.
B2Gold shares move up as gold helps lift TSX miners

B2Gold shares move up as gold helps lift TSX miners

11 June 2026
B2Gold shares soared over 5% on both NYSE American and TSX as gold prices rebounded and investors piled into Canadian mining stocks, with the company’s strong sensitivity to bullion prices and recent leadership change fueling the rally; trading volume topped 32 million shares and B2Gold outperformed the TSX index.
Bitmine’s BMNR Stock Gains After Preferred Sale Wraps, Ethereum Move Draws Eyes

Bitmine’s BMNR Stock Gains After Preferred Sale Wraps, Ethereum Move Draws Eyes

11 June 2026
Bitmine Immersion Technologies jumped 5.6% to $16.52 after issuing 3.5 million shares of 9.50% Series A Perpetual Preferred Stock, raising about $273.8 million for potential Ethereum purchases and staking expansion; the company now holds 5.54 million ETH, equal to 4.59% of Ethereum’s supply, and its price action remains closely tied to ETH moves.
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