Liberty Energy shares plummeted nearly 30% in two days, led by heavy selling pressure on the oilfield services company co-founded by Energy Secretary Chris Wright. The stock dropped 13.8% as of 11:00 a.m. ET, one of the sharpest declines in U.S. energy services stocks recently, coinciding with benchmark U.S. crude falling to near $60 a barrel. The decline could impact U.S. shale production and supply growth, potentially leading to reduced drilling activity in Texas and Louisiana.
Full Article
Suspect held after several shot outside US casino
A gunman opened fire outside the Grand Sierra Resort casino in Reno, Nevada, injuring multiple people before being taken into custody; the condition of the victims is unknown. Local police and emergency services responded to the scene, and a city council member expressed concern over the ongoing issue of gun violence in the community. Want More Context? 🔎
Read more