A contracting firm called Leidos generated over $16 billion in revenue last year, primarily from federal agencies like the Department of Veterans Affairs. Despite initial budget cuts, the V.A. paused contract cancellations to review their impact on veterans, potentially leading to increased reliance on contractors. Leidos, a key player in providing veteran services, remains optimistic about the future of federal contracting despite uncertainties brought by the Trump administration and Elon Musk’s government efficiency initiative.
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Why Occidental Petroleum Stock Slumped 15% in the First Half of 2025
Occidental Petroleum (NYSE: OXY) has struggled significantly, losing 17% in 2024 and an additional 15% in the first half of 2025, largely due to declining crude oil prices. This raises questions about whether the stock's downturn is merely a reaction to market conditions or an overreaction, potentially presenting a buying opportunity for investors, including notable supporter Warren Buffett. Explain It To Me Like I'm 5: Occidental Petroleum's stock has been losing value for a while,...
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