Shares of ConocoPhillips (NYSE: COP) fell over 4% following news that eight OPEC+ members will meet Sunday to discuss a potential production hike, which worries oil investors despite no guarantee of an increase. As a non-integrated oil major, ConocoPhillips is valued based on its reserves and oil price assumptions, making it vulnerable to market shifts.
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AstraZeneca Stock Rises 10% Following Tariff Announcement Is AstraZeneca a Good Investment?
Shares of AstraZeneca (NASDAQ: AZN) surged over 10% this week following positive clinical results for Enhertu in HER2-positive breast cancer and a significant deal between Pfizer (NYSE: PFE) and the Trump administration, where Pfizer will reduce drug prices and invest $70 billion domestically, gaining a three-year exemption from tariffs on pharmaceutical imports. This agreement was highlighted during a press conference with Pfizer CEO Albert Bourla and President Trump. Want More Context? 🔎
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