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Key PointsOccidental Petroleum has significantly reduced its debt load over the past few years. It’s generating solid free cash flow, driven by its midstream and marketing segments.It could also benefit from the growing demand from data centers and utility providers.10 stocks we like better than Occidental Petroleum ›Occidental Petroleum (NYSE: OXY) has been a popular energy stock since Warren Buffett invested in it several years ago. Berkshire Hathaway holds over 265 million shares in the oil and gas company and has maintained its investment despite volatility in the stock over the past few years.The company is paying down debt and…

Britain has begun drawing up options for a mass evacuation of its citizens from the Middle East “by air, land or sea”, as UK Prime Minister Sir Keir Starmer distanced himself from US-Israeli strikes on Iran.UK officials believe at least 200,000 British nationals, many of them on holiday or in transit, may be in the region and have asked them to “register their presence”.One official said there were no current plans for a “small boats style evacuation” of citizens — a reference to the 1940 rescue of troops from Dunkirk — but added: “We have to be thinking about all…

The head of South Africa’s budget office resigned last week, after helping the National Treasury stabilize public debt.

This morning a “Potential Dividend Run Alert” went out for ARMOUR Residential REIT Inc. (NYSE: ARR), at our DividendChannel.com Dividend Alerts service (a free email alerts feature). Let’s look at the situation in greater detail, shall we? First of all, what is a “Dividend Run” anyway? This is an interesting concept which we first learned about at a past ValueForum conference. And to best explain the concept, we need to start with the expected behavior of a stock on its ex-dividend date.For anyone unfamiliar with the term, the ex-dividend date marks the trading day when any buyer of the stock…

Arete Wealth Advisors LLC trimmed its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 16.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 21,393 shares of the electric vehicle producer’s stock after selling 4,103 shares during the period. Arete Wealth Advisors LLC’s holdings in Tesla were worth $9,514,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Brighton Jones LLC increased its stake in shares of Tesla by 11.8% in the 4th…

Crude-oil markets won’t officially open for a few more hours, but traders are already using prediction markets like Kalshi to take bets on where prices will settle on Monday.

Now that the supreme court has found that the Donald Trump exceeded his authority to levy tariffs, the big question for many businesses – particularly small businesses who were so hard hit by these tariffs – is are they able to get their money back?Don’t hold your breath. When it comes to tariffs, Trump still has many more tricks up his sleeve.He can use section 223 of the Trade Expansion Action Act of 1962 (along with section 301 of the Trade Act of 1974) to levy tariffs on specific industries and sectors, like Joe Biden did on Chinese steel, semiconductors,…

Safe haven Japanese yen and Swiss franc gain after weekend Iran strikes

Traffic through the Strait of Hormuz has dropped off amid warnings from the Iranian Revolutionary Guard. What happens next could have major implications for the global economy.

Datacentre developers are facing pressure to reveal whether their projects will increase the UK’s net greenhouse gas emissions, amid concerns the sites could double national electricity demand.Campaign groups have written to the UK technology secretary, Liz Kendall, warning that the energy required by new AI infrastructure poses a “serious threat to efforts to decarbonise the electricity grid”.Developers should demonstrate that their projects will not cause an increase in the UK’s overall CO2 emissions or local water scarcity, as part of a forthcoming national policy statement (NPS) on datacentres, the letter says.“Without these commitments, such vast electricity use will inevitably generate…