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Opendoor Technologies, Inc. engages in the operation of buying, selling, and trading of residential properties online. The company was founded by Eric Wu on December 30, 2013, and is headquartered in Tempe, AZ.

Opendoor Technologies Inc

Opendoor is trending due to the appointment of a new CEO from Shopify and the return of founders to leadership roles, sparking optimism about the company's future. Community members are actively discussing the potential for a short squeeze and the impact of the new leadership on Opendoor's shift towards a multi-product real estate platform. The stock is also gaining attention within the context of potential interest rate cuts and their effect on the housing market.

Dogecoin is a cryptocurrency based on the popular "Doge" Internet meme and features a Shiba Inu on its logo. Dogecoin is a Litecoin fork. Introduced as a "joke currency" on 6 December 2013, Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.   Dogecoin was created by Billy Markus from Portland, Oregon and  Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes.  The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum. One of Dogecoin strengths is its relaxed and fun-loving community. However, this is also a weakness because other currencies are way more professional.  To purchase Dogecoin, it involves downloading a crypto wallet, setting up a crypto exchange account and then trading away for your desired crypto currency. Once we have set up an account with a DOGE currency exchange and deposited some funds, you are ready to start trading.

Dogecoin

Dogecoin is trending as the community anticipates a potential ETF and discusses a large purchase of DOGE by CleanCore. Bullish sentiment is building, with many expecting a significant price increase, while some are pointing to technical indicators and levels to watch. The broader conversation includes speculation about Elon Musk's potential involvement and Dogecoin's future utility.

Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+ and TMTG News. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.

Trump Media & Technology Group Corp.

Trump Media is trending amid heated discussions and outrage following the death of Charlie Kirk, with community members expressing strong opinions and some pointing fingers. Users are debating political motivations, gun control, and the broader implications for American society, while some discussions reference the Epstein files. The stock appears to be a lightning rod for broader political and cultural divides.

Wearable Devices Ltd. engages in the development of a non-invasive neural input technology that allows operation and control of digital devices using subtle finger movements and fingertip pressure. It offers Mudra band, a neutral input wristband. The company was founded by Asher Dahan, Guy Wagner, and Leeor Langer in March 2014 and is headquartered in Yokne'am Illit, Israel.

Wearable Devices Ltd

WLDS is surging amidst speculation around its gesture control technology, particularly after securing a U.S. patent, with some suggesting a potential acquisition by a major tech player like Apple. Community discussions revolve around the possibility of a short squeeze and the stock's low float, while others cite concerns about potential dilution. Overall, the stock's volatility and potential buyout are key drivers of its current trending status.

Centene Corp. is a healthcare enterprise, which engages in the provision of programs and services to government sponsored healthcare programs. It operates through the following segments: Medicaid, Medicare, Commercial, and Other. The Medicaid segment includes the Temporary Assistance for Needy Families program, Medicaid Expansion programs, the Aged, Blind or Disabled program, the Children's Health Insurance Program, Long-Term Services and Supports, Foster Care, Medicare-Medicaid Plans, which cover beneficiaries who are dually eligible for Medicaid and Medicare, and other state-based programs. The Medicare segment consists of Medicare Advantage, Medicare Supplement, Dual Eligible Special Needs Plans, and Medicare Prescription Drug Plans. The Commercial segment is involved in the Health Insurance Marketplace product along with individual, small group, and large group commercial health insurance products. The Other segment refers to pharmacy operations, Envolve Benefit Options’ vision and dental services, clinical healthcare, behavioral health, the TRICARE program, and corporate management companies. The company was founded in 1984 and is headquartered in St. Louis, MO.

Centene Corp.

Centene is trending as investors anticipate positive outcomes from the CEO's upcoming conference presentation, with community members citing insider buying and reaffirmation of guidance as potential catalysts. Optimism is fueled by hopes for better guidance and discussion of key issues at the Deutsche Bank Healthcare Summit. Some traders point to a possible short squeeze, while others cite attractive value relative to peers in the managed care sector.

Robinhood Markets, Inc is a financial services platform, which engages in the provision of retail brokerage and offers trading in U.S. listed stocks and Exchange Traded Funds, related options, and cryptocurrency trading, as well as cash management, which includes debit cards services. The company was founded by Vladimir Tenev and Baiju Prafulkumar Bhatt in 2013 and is headquartered in Menlo Park, CA.

Robinhood Markets Inc - Ordinary Shares - Class A

Robinhood Markets Inc

Robinhood's stock is trending amid excitement surrounding its annual summit, where the company announced upcoming features like Robinhood Social and the introduction of short selling, sparking discussions about its potential impact on competitors like Stocktwits. Community members are actively analyzing the implications of these new offerings on both the platform's user experience and the broader financial landscape. Bullish sentiment is further fueled by analyst upgrades and positive expectations for the company's growth trajectory.

Red Cat Holdings, Inc. provides products, services and solutions to the drone industry. It also engages in the provision of distributed data storage, analytics and services for the drone industry.The firm product include Dronebox, which is a blockchain technology that records, stores and analyzes flight data and information from a drone. It operates through the Enterprise Segment. The Enterprise Segment will focus on developing a hardware enabled software platform of services and solutions to government and commercial enterprises and the military. The company was founded by Jeffrey M. Thompson in February 1984 and is headquartered in San Juan, Puerto Rico.

Red Cat Holdings Inc

Red Cat Holdings is trending due to its Teal Drones Black Widow system being approved for the NATO NSPA Catalogue, sparking excitement about potential contracts and increased institutional investment. The community is actively discussing the significance of this milestone, comparing it to competitors like Ondas, and debating the company's future revenue potential in the defense sector. Bullish investors anticipate substantial growth, while others express concerns about potential dilution and the company's ability to capitalize on the opportunity.

United Parcel Service, Inc. is a package delivery company, which engages in the provision of global supply chain management solutions. It operates through the following segments: U.S. Domestic Package, International Package, and Supply Chain Solutions. The U.S. Domestic Package segment includes time-definite delivery of letters, documents, and packages. The International Package segment focuses on delivery and shipments in Europe, Asia, the Indian sub-continent, the Middle East, Africa, Canada, and Latin America. The Supply Chain Solutions is involved in forwarding, logistics, Coyote, Marken, and UPS Mail Innovations. The company was founded by James E. Casey and Claude Ryan on August 28, 1907 and is headquartered in Atlanta, GA.

United Parcel Service, Inc. - Ordinary Shares - Class B

United Parcel Service, Inc.

UPS is trending as it hits new lows, sparking discussions on whether it's a value opportunity or a falling knife. Community members are weighing tariff risks, potential dividend cuts, and a possible management shakeup against its high yield and low PE. Some traders are taking advantage of the volatility with short-term strategies while others are accumulating shares, betting on a long-term turnaround.

Top Wealth Group Holding Ltd. operates as a holding company, which provides caviar and caviar-based gourmet products. It focuses on supplying sturgeon caviar to customers under its own brand, Imperial Cristal Caviar. The company was founded by Kim Kwan Kings Wong on February 1, 2023 and is headquartered in Hong Kong.

Top Wealth Group Holding Ltd. - Ordinary Shares - Class A

Top Wealth Group Holding Ltd.

TWG is trending due to recent volatility and speculation around its compliance with NASDAQ listing requirements, particularly following a reverse split. Community discussions revolve around potential short squeezes, pump-and-dump schemes, and the stock's connection to other Chinese stocks that have experienced significant price swings. Some traders are closely monitoring its low float and technical indicators for potential breakout opportunities, while others express skepticism about its long-term prospects.

Enovix Corp. engages in the design and development of silicon-anode lithium-ion batteries. The firm's proprietary 3D cell architecture increases energy density and maintains a high cycle life. It is also developing its 3D cell technology and production process for the electric vehicle and energy storage markets to help enable utilization of renewable energy. The company was founded by Mr. Harrold Jones Rust, III, Ashok Lahiri, and Murali Ramasubramanian in November 2006 and is headquartered in Fremont, CA.

Enovix Corporation

Enovix Corp

Enovix ($ENVX) is trending amid discussions about a recent convertible debt offering and its potential implications, with some speculating it could be related to financing growth or acquisitions. The community is debating whether this move signals strategic expansion or raises concerns about dilution, while also analyzing potential motivations behind the offering and its timing relative to potential catalysts and OEM orders. Some traders are pointing to a seasonal pattern on the chart.

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ConocoPhillips (COP) Chief Executive Ryan Lance reportedly told employees&nbsp;on Thursday that the decision to lay off as much as 25% of the workforce stemmed in part from the company losing competitiveness as it focused on acquiring smaller rivals.<a href="https://stocktwits.com/symbol/COP">ConocoPhillips’ stock</a> fell more than 3.5% in Friday afternoon trading, extending its weekly decline to about 6.7% on the layoff&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/conoco-phillips-to-lay-off-up-to-25-precent-of-its-workforce/chwcTx7Rdob">announcement</a>. However, retail sentiment on Stocktwits around the oil and gas producer moved higher within the ‘bullish’ zone over the past week."The cost and the whole competitiveness of the company probably took a backseat to those initiatives and those things we were doing for very real reasons, important reasons for the company," Lance said in a recording of the town hall,&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.reuters.com/business/world-at-work/i-fault-myself-not-paying-more-attention-conoco-ceo-tells-employees-facing-deep-2025-09-05/">cited</a> by Reuters. The report stated that the town hall meeting took place a day after the company announced the layoffs, which are part of a broader restructuring aimed at reducing costs.&nbsp;"I fault myself for not paying attention and keeping the other things sort of centered and important," added Lance. "We probably backslid a little bit in the cost effort... maybe we should have been smarter about how we did it."&nbsp;Last year, the company bought Marathon Oil for $22.5 billion. In 2021, ConocoPhillips acquired Concho Resources for $9.7 billion and bought Permian assets from oil major Shell (SHEL) for $9.5 billion.&nbsp;The energy industry has undergone the largest consolidation in a generation over the past two years, according&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.ey.com/en_us/newsroom/2025/08/consolidation-reshapes-the-us-oil-and-gas-industry">to</a> EY. Other oil companies have also been laying off employees to save costs. Earlier this year, in February, Chevron (CVX) announced that it would be&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.bbc.com/news/articles/c8ed3n1zw05o">reducing</a> its workforce by 15% to 20% by 2026. Last year, Shell&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://finance.yahoo.com/news/shell-plans-20-cut-workforce-130600502.html">laid off</a> around 20% of its workforce.&nbsp;Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/bessent-says-fed-must-change-course-to-preserve-independence/chwI13sRdqQ">Bessent Reportedly Says Fed Must Change Course To Preserve Independence</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Ryan M. Lance, Chairman & CEO of ConocoPhillips, speaks during the Global Energy Supplies & Security session of the Qatar Economic Forum 2025 in Doha, Qatar, on May 20, 2025. (Photo by Noushad Thekkayil/NurPhoto via Getty Images)

ConocoPhillips CEO Reportedly Says M&A Focus Hurt Competitiveness, Leading To Jobs Cuts – ‘I Fault Myself’

CEO Ryan Lance said he faults himself for not paying attention, adding that the company should have been smarter about how it approached its acquisitions.

Equity

Exxon Mobil (XOM) is reportedly looking to sell its European chemical plants as the sector is grappling with higher U.S. tariffs and intense competition from producers in China.According to a report by the Financial Times, Exxon has held early-stage discussions with advisers in recent weeks on possible sales, which could fetch up to $1 billion.The supermajor is specifically weighing the sale of its plants in the UK and Belgium, the report stated. The company owns an ethylene plant in the Scottish town of Fife, alongside multiple production sites in Belgium. The company had also discussed just shutting them down.However, the report mentioned that there was no guarantee a deal would materialize and Exxon could choose to retain the facilities. If the Houston-based company goes through with the sale, it will join another U.S. firm, LyondellBasell, which has decided to offload four struggling production facilities on the continent.Retail sentiment on Stocktwits about <a href="https://stocktwits.com/symbol/XOM">Exxon</a> was in the ‘neutral’ territory at the time of writing.<figure class="image"><img style="aspect-ratio:797/96;" src="https://news.stocktwits-cdn.com/XOM_Sept_4_JPG_4ef01009c1.webp" alt="XOM’s Sentiment Meter and Message Volume as of 02:28 a.m. ET on Sept. 4, 2025 | Source: Stocktwits" width="797" height="96"><figcaption>XOM’s Sentiment Meter and Message Volume as of 02:28 a.m. ET on Sept. 4, 2025 | Source: Stocktwits</figcaption></figure>For years, chemical producers have struggled to cope with rising energy and feedstock costs alongside intense competition from Chinese producers. In the first quarter, Europe’s chemical capacity utilization stood at 74%, significantly below the EU’s long-term average. Chemicals production in the 27-nation block has trailed behind the U.S. for the last three years.While major EU economies are still struggling to gather momentum, U.S. President Donald Trump’s 15% tariffs have further made EU exports uncompetitive across the Atlantic.Exxon, which has frequently criticized Brussels for its policies, had said in May that it was in exclusive talks to sell its controlling stake in French fuel unit Esso SAF, as well as its wholly owned chemical business in the country to North Atlantic France SAS, a unit of Canadian fuel retailer North Atlantic.Exxon shares have gained 3.4% this year.Also See: <a href="https://stocktwits.com/news-articles/markets/equity/trump-s-white-house-backs-off-from-wto-funding-cuts-after-criticism/chw5uvHRdoF">Trump’s White House Backs Off From WTO Funding Cuts After Criticism</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

 In this photo illustration, the logo of ExxonMobil is displayed on the screen of a tablet. (Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images)

Exxon Weighs Sale Of European Chemical Units Worth Up To $1B Amid Tariffs, China Pressure: Report

Plants in Fife and Belgium could be on the block, but the outcome remains uncertain, according to the FT.

Should You Invest in the Energy Select Sector SPDR ETF (XLE)?

Oil prices slipped in Asia trading hours on Monday after OPEC+ once again decided to significantly raise output amid concerns over the health of the U.S. economy, the top oil consumer.Brent crude prices slipped 0.5% at $69.33 per barrel, while U.S. West Texas Intermediate (WTI) crude prices fell 0.5% at $67 per barrel. However, retail sentiment on Stocktwits about the United States Oil Fund (USO) was still in the ‘bullish’ territory at the time of writing.The Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, said on Sunday that they would increase September production by 547,000 barrels per day (bpd) compared to August, the latest in a series of output hikes as they attempt to regain market share. The group noted that the decision was taken due to a steady “global economic outlook and current healthy market fundamentals.”While summer demand has remained strong in the Western Hemisphere, analysts predict that oil supply will outpace demand by year-end. Both future contracts had fallen by over $2 on Friday, after the soft U.S. jobs data had signaled raised concerns over oil consumption in the world’s largest economy.According to a Reuters <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.reuters.com/business/energy/oil-slips-opec-proceeds-with-september-output-hike-2025-08-03/">report</a>, Goldman Sachs analysts noted that the actual supply boost from the eight OPEC+ countries stands at about 1.7 million bpd, or about two-thirds of announced capacity, as other group members have looked to cut capacity to compensate for overproducing earlier."While OPEC+ policy remains flexible and the geopolitical outlook uncertain, we assume that OPEC+ keeps required production unchanged after September," the analysts reportedly said in the note before adding that the rise in non-OPEC production will likely not leave much scope for extra OPEC+ barrels.However, potential penalties on the buyers of Russian crude could still crimp supplies and provide a boost to oil prices. According to reports, Indian officials have not instructed refiners to stop buying Russian oil despite threats by U.S. President Donald Trump to impose additional 100% levies.Also See: <a href="https://stocktwits.com/news-articles/markets/equity/asian-economies-brace-for-export-hit-as-us-tariff-effects-begin-to-bite/chrX2aoRdR9">Asian Economies Brace For Export Hit As US Tariff Effects Begin To Bite</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Oil pumping units are seen as the results of the first quarter of 2025, 8.3 million tons of oil are produced in the Republic of Tatarstan on July 14, 2025.

Oil Prices Dip As OPEC+ Set To Boost September Output Amid U.S. Economic Jitters

Brent crude prices slipped 0.5% to $69.33 per barrel, while U.S. West Texas Intermediate (WTI) crude prices fell 0.5% to $67 per barrel.

Oil prices rose in early trading on Monday, aided by optimism surrounding the trade deal between the U.S. and the European Union, amid hopes of an extension of the tariff truce between Beijing and Washington, D.C.Benchmark Brent crude prices rose nearly 1% to $69.08 per barrel, while West Texas Intermediate crude prices gained 0.8% at $65.58 per barrel at 2.30 a.m. ET. Retail sentiment on Stocktwits about the <a href="https://stocktwits.com/symbol/USO">United States Oil Fund</a> (USO) was in the ‘neutral’ territory at the time of writing.The EU agreed to a baseline tariff of 15% for its exports to the U.S., including automobiles. The 27-nation bloc also agreed to American energy products worth $750 billion and pledged to invest $600 billion in the U.S. The deal alleviated some concerns about a slowdown in economic growth, as the EU is Washington's largest trading partner.Separately, U.S. and Chinese officials will meet in Stockholm to extend a tariff truce beyond the Aug. 12 deadline. Key topics of discussion include how long the tariff truce will last, U.S. levies linked to fentanyl trafficking, and China’s imports of sanctioned oil from Russia and Iran. Trump said on Sunday that his administration was “very close” to securing a trade deal with China.However, the prospect of rising oil supplies was weighing on prices. The market monitoring panel for the Organization of the Petroleum Exporting Countries and its allies is scheduled to meet on Monday at 1200 GMT. A Reuters report said that while it is unlikely to recommend altering existing plans by eight members to raise oil output by 548,000 barrels per day in August, a change cannot be ruled out yet.“The market has largely taken rising OPEC+ production in stride, but there may still be some point where one barrel too many does tip the market lower,” said energy market analyst Tim Evans in a note.Also See: <a href="https://stocktwits.com/news-articles/markets/equity/thousands-of-dominion-energy-customers-in-virginia-remain-without-power-after-storms/choeQAYR5DI">Thousands Of Dominion Energy Customers In Virginia Remain Without Power After Storms</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

In an aerial view, the LyondellBasell Houston refinery is seen at sunset on June 18, 2025 in Houston, Texas.

Oil Prices Gain After US-EU Trade Deal Spurs Growth Optimism, China Talks In Focus

Benchmark Brent crude prices rose nearly 1% to $69.08 per barrel, while West Texas Intermediate crude prices gained 0.8% at $65.58 per barrel at 2.30 a.m. ET.

Chevron (CVX) has reportedly received approval from the Trump administration to restart pumping oil in Venezuela.&nbsp;<a href="http://stocktwits.com/symbol/CVX">Chevron’s stock</a> gained 1.2% in midday trade on Thursday. On Stocktwits, retail sentiment moved higher within the ‘bullish’ zone.According to a&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.wsj.com/world/americas/trump-administration-greenlights-chevron-to-resume-pumping-oil-in-venezuela-0353262b">report</a> by The Wall Street Journal (WSJ), the agreement’s terms remain unclear. It noted that the development comes after President Donald Trump and Secretary of State Marco Rubio’s recent discussions with Venezuela, which resulted in the release of 10 detained Americans in the country.&nbsp;“Chevron conducts its business globally in compliance with laws and regulations applicable to its business, as well as the sanctions frameworks provided for by the U.S. government, including in Venezuela,” Chevron spokesman Bill Turenne told The WSJ.Chevron had been one of the main oil producers in Venezuela, operating through joint ventures with the state-owned oil company PDVSA.Earlier this year, the Trump administration revoked Chevron’s licenses to operate and export crude oil from Venezuela, citing the country’s failure to meet democratic electoral conditions and to let migrants return to the U.S. The revocation of those licenses had forced Chevron to wind down its operations in Venezuela.&nbsp;Venezuela&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.reuters.com/sustainability/chevron-terminates-contracts-will-keep-staff-venezuela-sources-say-2025-05-28/">reportedly</a> canceled scheduled crude cargoes to Chevron due to payment uncertainties linked to U.S. sanctions, further complicating operations.Meanwhile, the company&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.reuters.com/sustainability/chevron-terminates-contracts-will-keep-staff-venezuela-sources-say-2025-05-28/">reportedly</a> wrapped up its oil production, service, and procurement contracts in the country by May, delegating governance of the joint ventures to PDVSA and keeping its local staff employed under limited U.S. authorization.&nbsp;Chevron’s stock has gained more than 6% this year so far and barely 1% in the last 12 months.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/trump-asserts-he-doesnt-intend-to-destroy-elon-musk-companies/ch8yy9CR5H1">Trump Asserts He Doesn’t Intend To ‘Destroy’ Elon Musk’s Companies, Wants US Firms To ‘Thrive’</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

A Chevron gas station is shown on October 23, 2023 in Austin, Texas. (Photo by Brandon Bell/Getty Images)

Chevron Gets Trump Administration’s Nod To Resume Oil Production In Venezuela: Report 

According to a report by The Wall Street Journal (WSJ), the agreement’s terms remain unclear. 

Should You Invest in the Invesco S&P 500 Equal Weight Energy ETF (RSPG)?

Baker Hughes stock gained 1.6% in premarket trading on Wednesday after the oilfield technology firm’s second-quarter profit topped Wall Street estimates amid strong data center-related orders.The company reported adjusted earnings of $0.63 per share for the three months ended June 30, while analysts expected it to post $0.55 per share in earnings, according to Fiscal.ai data. Its revenue of $6.9 billion also topped estimates, but came in lower than a year earlier.Similar to its rivals, SLB and Halliburton, <a href="https://stocktwits.com/symbol/BKR">Baker Hughes</a> projected a decline in oilfield activity amid concerns about oil demand. The firm expects upstream spending in North America to be down low-double digit percentage points and international to decline by high-single digit percentage points.However, the company is banking on growing power demand to mitigate the impact of a weak outlook for its core oilfield services segment. According to a <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.deloitte.com/us/en/insights/industry/power-and-utilities/data-center-infrastructure-artificial-intelligence.html">report</a> by Deloitte, power demand from AI data centers in the United States is expected to grow more than thirtyfold, reaching 123 gigawatts, up from 4 gigawatts in 2024.The company said that orders at its Industrial &amp; Energy Technology reached $3.5 billion in the second quarter, resulting in another record backlog for the segment. About $500 million of the new orders were related to data center projects. The company raised the full-year revenue and earnings before interest, taxes, depreciation, and amortization (EBITDA) forecast for the IET segment.Retail sentiment on Stocktwits was in the ‘bullish’ territory at the time of writing, while retail chatter was ‘high.’The company also said it expects to "meet or exceed" its three-year goal to confirm $1.5 billion of orders in data center equipment ahead of prior expectations. It also continues to expect tariff impact between $100 million and $200 million on consolidated 2025 core earnings.“We remain confident in our ability to deliver solid performance in 2025, with continued growth in IET helping to offset softness in more market-sensitive areas of OFSE – underscoring the strength of our portfolio and the benefits of our strategic diversification,” CEO Lorenzo Simonelli said.Baker Hughes stock has fallen 3.8% this year.Also See: <a href="https://stocktwits.com/news-articles/markets/equity/rocket-companies-joining-meme-stock-frenzy-retail-sees-mortgage-firm-taking-off-to-the-skies-amid-potential-short-squeeze/ch8wSRWR5Ma">Rocket Companies Joining Meme Stock Frenzy? Retail Sees Mortgage Firm Taking Off To The Skies Amid Potential Short Squeeze</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

 In this photo illustration, the Baker Hughes Company logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)

Baker Hughes Posts Upbeat Q2 Earnings, Sees AI Power Demand Driving Growth Amid Slowdown In Oilfield Activity 

About $500 million of its new orders were related to data center projects.

Baker Hughes Posts Upbeat Q2 Earnings, Sees AI Power Demand Driving Growth Amid Slowdown In Oilfield Activity

Should You Invest in the Fidelity MSCI Energy Index ETF (FENY)?

Oil prices fell on Tuesday as investors remained concerned about the worsening global economic outlook, driven by trade tensions and higher supplies.Benchmark Brent crude prices were down 40 cents at $68.81 per barrel, while U.S. West Texas Intermediate crude prices fell by 0.7% at $65.51 per barrel at 2.15 a.m. ET. &nbsp;Uncertain U.S. tariff policy is raising doubts about improvement in consumer sentiment during the second half of the year. According to the July report by the International Energy Agency, oil demand is expected to grow by about 700,000 barrels per day in 2025, the slowest pace of growth since 2009.According to a Reuters News report, Priyanka Sachdeva, senior market analyst at Phillip Nova, said, "Broad demand concerns continue to simmer amid escalating global trade tensions, especially as markets eye the latest tariff threats between major economies and Trump's potential announcements ahead of [the] August 1 deadline."On Sunday, Commerce Secretary Howard Lutnick <a href="https://stocktwits.com/news-articles/markets/equity/trump-commerce-secretary-lutnick-confident-of-sealing-great-eu-trade-deal/ch8qDZfR5A9">confirmed</a> that Aug. 1 is the “hard deadline” before the reciprocal tariffs take effect. However, he added that countries could still negotiate with the U.S. to lower the tariffs, which have reached as high as 40% for some countries.A rise in supply is also putting downward pressure on oil prices. Saudi Arabia’s oil exports rose to their highest level in three months in May. Retail sentiment on Stocktwits about the <a href="https://stocktwits.com/symbol/USO">United States Oil Fund</a> (USO) was in the ‘bearish’ territory.According to the Reuters <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.reuters.com/business/energy/oil-falls-trade-war-concerns-increase-worries-about-fuel-demand-2025-07-22/">report</a>, IG analyst Tony Sycamore stated that a weaker U.S. dollar has provided some support for crude, as buyers using foreign currencies are paying less for the contracts.Investors are also assessing the impact of the planned U.S. tariffs on the buyers of Russian oil. In an interview with Fox News, U.S. Senator Lindsey Graham warned Brazil, India, and China against purchasing Russian crude, stating that U.S. tariffs could “crush their economies.”Also See: <a href="https://stocktwits.com/news-articles/markets/equity/malaysia-reportedly-seeks-20-tariff-cap-from-trump/ch8MdxeR5s5">Malaysia Reportedly Seeks 20% Tariff Cap From Trump — Still Haggling Over EVs, Foreign Ownership Demands</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Row of oil pumps in blue color on a clear sky background, sunset. Siberia. 

Oil Prices Dip As Investor Concerns Grow About Trump’s Trade War

Benchmark Brent crude prices were down 40 cents at $68.81 per barrel, while U.S. West Texas Intermediate crude prices fell by 0.7% at $65.51 per barrel at 2.15 a.m. ET.

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