Occidental Petroleum's stock price seems disconnected from its operational success, financial discipline, and leadership in new carbon capture technologies.
JPMorgan said its blockchain unit Kinexys is testing a new platform to tokenize global carbon credits, aiming to tackle transparency and standardization issues in the voluntary carbon market.
Since July 2020, the S&P 500 has delivered a total return of 95.7%. But one standout stock has more than doubled the market - over the past five years, JPMorgan Chase has surged 208% to $292.13 per share. Its momentum hasn’t stopped as it’s also gained 20.1% in the last six months thanks to its solid quarterly results, beating the S&P by 15.2%.
Shares of health coverage company Centene (NYSE:CNC)
fell 39.4% in the afternoon session after the company unexpectedly withdrew its full-year 2025 financial guidance, citing significantly higher-than-anticipated costs in its insurance marketplace and Medicaid businesses.
