Oil prices plummeted on Thursday due to concerns that President Trump’s tariffs will slow global economic growth, reducing demand for energy products. Despite exemptions for energy and minerals, the tariffs are expected to have a significant negative impact on the industry, with U.S. oil prices dropping 7 percent to around $67 a barrel. The move to increase oil production by OPEC and its allies further added pressure on prices, as companies face the challenge of maintaining profitability amid escalating trade tensions.
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Down 24%, Should You Buy the Dip on BigBear.ai?
BigBear.ai (NYSE: BBAI), an AI data analytics firm, has experienced significant share price volatility, soaring 142% over the past year compared to an 11% return for the S&P 500, though it has recently faced a 24% decline in the last three months. This downturn has raised questions for investors about whether it is a good time to buy or a signal to avoid the stock. Despite its past gains, the company still has much to...
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