Yahoo Finance VideoElection cybersecurity, AI in healthcare: Asking for a Trend
On today's episode of Asking for a Trend, Host Josh Lipton breaks down some of the biggest stories and key themes from the trading day. Arctic Wolf has released its new Human Risk Report today, which analyzes some of the top cybersecurity risks facing companies. Nick Schneider, Arctic Wolf president and CEO, calls the election "an event that sparks a lot of interest from bad actors." He explains, "I think during an election year or any time there's an event that has significant interest in the public sphere, you're going to get increased interest and increased activity from the bad actors, both against businesses, but also against individuals, and kind of where those two meet or intersect is also additional risk to individual organizations." BJ Schaknowski, CEO of symplr, discusses the state of the healthcare industry as AI becomes increasingly adopted. Schaknowski explains that symplr is helping hospitals become more productive by helping with tasks associated with compliance, quality, and safety. He notes these tasks have been "wildly fragmented" in hospitals, working "against the productivity of critical healthcare workers who should be providing care, not sitting in front of a laptop, inputting data." Schaknowski notes that nurses spend about three to five hours a day in front of a computer screen when they instead can be focused on mentoring newer nurses and spending more time caring for patients. Yahoo Finance Data and Markets Editor Jared Blikre breaks down some of his biggest takeaways from the trading day as the Dow Jones Industrial Average (^DJI) closed at a record high and the volatility index (^VIX) is down just below 20. Big Tech's CapEx spending on AI is on the path higher into the last quarter of 2024. Yahoo Finance anchor Julie Hyman examines hyperscalers Amazon (AMZN), Alphabet (GOOG, GOOGL), Microsoft (MSFT), and Meta Platforms' (META) investments into generative AI and data centers, putting more fuel into Nvidia's (NVDA) figurative AI chip fire. Finally, Josh Lipton checks on some of the stocks moving most in after-hours trading: Lucid (LCID), Kinder Morgan (KMI), and Alcoa (AA). Asking for a Trend's Josh Lipton highlights top trending stocks in the after-hours trading session. This post was written by Melanie Riehl
Yahoo Finance VideoLucid, Kinder Morgan, Alcoa: After-hours movers
Lucid (LCID) announced a public offering of 262.4 million shares of common stock, alongside its preliminary third quarter earnings results. Kinder Morgan (KMI) reported a third quarter earnings miss. Alcoa (AA) shares jump on stronger-than-expected third quarter profits. Asking for a Trend's Josh Lipton highlights top trending stocks in the after-hours trading session. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Luke Carberry Mogan.
Motley FoolKinder Morgan (KMI) Q3 2024 Earnings Call Transcript
KMI earnings call for the period ending September 30, 2024.
Associated Press FinanceOil company Phillips 66 says it will shut down Los Angeles-area refinery
Oil company Phillips 66 announced Wednesday that it plans to shut down a Los Angeles-area refinery by the end of 2025, citing market concerns. The company said it will remain operating in the state. “With the long-term sustainability of our Los Angeles Refinery uncertain and affected by market dynamics, we are working with leading land development firms to evaluate the future use of our unique and strategically located properties near the Port of Los Angeles,” CEO Mark Lashier said in a statement.
The Wall Street JournalPhillips 66 to Close Los Angeles Refinery in Fourth Quarter of 2025
The oil refiner said the unit’s long-term sustainability is uncertain and affected by market dynamics.
LA TimesPhillips 66 will shut historic Wilmington-area refinery complex
Phillips 66 announced Wednesday that it will close its Wilmington-area refinery complex next year but will work with the state to continue supplying fuel to consumers.
ZacksDevon Energy (DVN) Stock Falls Amid Market Uptick: What Investors Need to Know
In the closing of the recent trading day, Devon Energy (DVN) stood at $40.69, denoting a -1.24% change from the preceding trading day.
ZacksMarathon Petroleum (MPC) Outpaces Stock Market Gains: What You Should Know
In the latest trading session, Marathon Petroleum (MPC) closed at $157.90, marking a +0.56% move from the previous day.
ZacksChevron (CVX) Rises Higher Than Market: Key Facts
Chevron (CVX) closed the most recent trading day at $148.73, moving +0.68% from the previous trading session.
GlobeNewswireTarga Resources Corp. Releases Sustainability Report
HOUSTON, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that its Sustainability Report for 2023 is now available on the Company’s website at https://www.targaresources.com/sustainability. The report advances Targa’s sustainability disclosures and provides a review of Targa’s performance for calendar year 2023 against various environmental, social, and governance topics that we believe are important to our industry and our business.