Why TotalEnergies Stock Slumped Today

The stock of fuel and chemicals conglomerate TotalEnergies (NYSE: TTE) fell nearly 3% after the company reported second-quarter earnings, revealing net revenue of just under $44.7 billion, down from approximately $49.2 billion in the same period of 2024. In contrast, the S&P 500 index managed a slight gain on the same day.

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