U.S. equities lost ground on May 23, 2023 as White House and congressional negotiators still haven't reached a deal on raising the federal debt ceiling to avoid a potential government default.

Dow Jones Today: Tech Sends Index Lower

05:25pm, Tuesday, 23'rd May 2023
Apple, Microsoft, Intel move lower as tech stocks fall, while Chevron moved higher on a ratings upgrade
Stanley Druckenmiller (Trades, Portfolio), founder and CEO of Duquesne Family Office, disclosed in a regulatory 13F filing that his firm's top five trades during the first quarter included reductions

Call of the Day: HSBC upgrades Chevron to buy

02:14pm, Tuesday, 23'rd May 2023
The "Halftime Report" traders debate the biggest analyst calls of the day including Chevron.

Chevron Deal Complicates Oil M&A Narrative

01:05pm, Tuesday, 23'rd May 2023
A deal announced by Chevron to buy midsize oil and gas producer PDC Energy is not a clear signal of a wave of large-scale energy mergers and acquisitions.

Why Chevron's Stock Is Rising Today

12:26pm, Tuesday, 23'rd May 2023
Two analysts have more bullish takes on Chevron's stock today. Chevron is acquiring all outstanding shares of PDC Energy for $6.3 billion.
The U.S. on Tuesday renewed for six months a license authorizing a group of U.S. oil service companies to preserve assets in Venezuela, keeping long-standing restrictions that prevent them from drilli
Chevron (NYSE: CVX ) stock is a hot topic among traders on Tuesday after the oil company got a new price prediction! HSBC analyst Kim Fustier is behind this news with a new price target of $189 per sh

Analyst: Higher Prices Could Boost Oil Stock

09:19am, Tuesday, 23'rd May 2023
HSBC just upgraded blue-chip oil giant  Chevron Corporation (NYSE:CVX) to "buy" from "hold" today, citing potential tailwinds from rising crude prices.
Chevron stock is down 9.6% in May as analysts revised their opinion on the U.S. energy giant after the news of the $6.3 billion deal for PDC Energy. The post Chevron Stock Upgraded To A Buy After $6 B
Chevron (CVX) reveals that its flagship Gorgon plant in Australia was launched six years ago, but just one-third of its capacity was utilized due to operational concerns.
U.S. oil major Chevron announced a $7.6 billion takeover of Denver-based PDC Energy Monday in the largest acquisition thus far in 2023.

Chevron Oil Deal Looks Like a Bargain. Is It?

02:30am, Tuesday, 23'rd May 2023
The $6.3 billion deal values PDC Energy at 25% below the average target price for its stock. Will PDC shareholders balk?
It may be time to sell some of the top energy stocks, especially as they become overvalued. Sure, according to the International Energy Agency, rising post-Covid demand from China, coupled with tight
Analyst Stewart Glickman at CFRA on Monday upgraded his rating on Chevron Corp.'s stock CVX, -1.81% to buy, from hold, after Chevron's announcement earlier Monday that it plans to buy PDC Energy Inc.
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