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Halliburton tumbles on tepid revenue forecast, Middle East recovery warning

Halliburton tumbles on tepid revenue forecast, Middle East recovery warning

By Vallari Srivastava July 21 (Reuters) - Halliburton shares fell more than 6% on Tuesday after the U.S. oilfield services provider forecast weaker third-quarter revenue and flagged uncertainty about the pace of recovery in the Middle East.
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3M boosts annual profit forecast driven by resilient industrial unit

3M boosts annual profit forecast driven by resilient industrial unit

July 21 (Reuters) - 3M lifted its full-year profit forecast on Tuesday on the back of cost-control measures, price hikes and continuing strength in its safety & industrial business, sending shares of the industrial giant up 6% in premarket trading.
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Oil prices rise to five-week high on US-Iran attacks, Houthi blockade threat

Oil prices rise to five-week high on US-Iran attacks, Houthi blockade threat

By Scott DiSavino NEW YORK, July 21 (Reuters) - Oil prices climbed about 2% on Tuesday to a five-week high, on worries that energy supply disruptions could worsen in the Middle East due to more attacks between the U.S. and Iran and a threatened naval blockade of Saudi Arabia by Yemen's Houthis.
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Halliburton beats estimates on Europe, Latin America oilfield services demand

Halliburton beats estimates on Europe, Latin America oilfield services demand

July 21 (Reuters) - Halliburton edged past Wall Street estimates for second-quarter profit on Tuesday, as steady demand for its oilfield equipment in Latin America, Europe and Africa offset declining activity in the Middle East due to the Iran war.
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Wall Street holds steadier as AI stocks recover some of last week's sharp losses

Wall Street holds steadier as AI stocks recover some of last week's sharp losses

Wall Street is holding steadier, as AI stocks trim some of their sharp recent losses
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Northrop Grumman raises 2026 forecasts on strong weapons demand

Northrop Grumman raises 2026 forecasts on strong weapons demand

By Mike Stone and Aishwarya Jain July 21 (Reuters) - Defense supplier Northrop Grumman on Tuesday lifted its 2026 sales and adjusted profit forecast, supported by sustained demand for weapons amid a wave of global geopolitical conflicts. U.S.
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Wall St futures gain on Iran ceasefire hopes; earnings in focus

Wall St futures gain on Iran ceasefire hopes; earnings in focus

July 21 (Reuters) - U.S. stock index futures rose on Tuesday as renewed mediation efforts in the Middle East lifted sentiment, while investors looked ahead to corporate earnings that could prove pivotal for the AI market as it navigates ongoing pressures.
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Equities gain with chipmakers; oil rises to 5-week high

Equities gain with chipmakers; oil rises to 5-week high

By Caroline Valetkevitch and Ankur Banerjee NEW YORK/SINGAPORE, July 21 (Reuters) - Major stock indexes rose on Tuesday with the Nasdaq and chipmaker shares surging, while oil prices climbed to a five-week high amid rising tensions in the Iran conflict.  Benchmark 10-year U.S.
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Asian stocks rise as Mideast mediation takes oil lower

Asian stocks rise as Mideast mediation takes oil lower

By Ankur Banerjee SINGAPORE, July 21 (Reuters) - Asian stocks gained on Tuesday as mediation efforts in the Middle East pushed oil prices away from a one-month high, while investors braced for a slate of corporate earnings that will test an under pressure AI trade.
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Teledyne lifts annual profit forecast, tops quarterly results estimates

Teledyne lifts annual profit forecast, tops quarterly results estimates

July 22 (Reuters) - Teledyne Technologies on Wednesday raised its 2026 profit forecast as demand remained robust at its digital imaging, instrumentation as well as aerospace and defense segments.
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Why oil prices haven't gone crazy despite 5 months of US-Iran war

Why oil prices haven't gone crazy despite 5 months of US-Iran war

By Anushree Mukherjee July 20 (Reuters) - As the United States and Israel went to war with Iran at the end of February, analysts predicted the price of crude oil could hit $150 a barrel or even rise as far as $200, with the fifth of global supply that transits the vital Strait of Hormuz suddenly cut
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Wall Street futures rise, oil prices retreat despite an escalation in fighting by the US and Iran

Wall Street futures rise, oil prices retreat despite an escalation in fighting by the US and Iran

Wall Street futures were rising in premarket trading and oil prices retreated, but not before a gallon of gas in the U.S. breached the $4 level again