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Jim Cramer Names Six Companies That May Enter the Trillion-Dollar Stock Club

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Jim Cramer Names Six Companies That May Enter the Trillion-Dollar Stock Club

Former hedge fund manager and host of the CNBC show “Mad Money,” Jim Cramer, strives to help people think like professional investors and, in early July, named several companies that can reach a market capitalisation of $1 trillion. Cramer nominated pharma giant (1) Eli Lilly (NYSE: LLY) and (2) EV maker Tesla (NASDAQ: TSLA) as … Read more

ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal as energy prices rise

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ConocoPhillips buying Marathon Oil for .1 billion in all-stock deal as energy prices rise

By MICHELLE CHAPMAN (AP Business Writer) ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices rise and big oil companies reap massive profits. The deal is valued at $22.5 billion when including $5.4 billion in debt. Crude prices have jumped more than 12% this year and the … Read more