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Watch: Oil prices sink but are expected to see overall gains this month

Brent crude oil prices sank below $70 this week as the U.S. amps up production in the face of OPEC-led production cuts. Overall, Brent crude prices have risen nearly 6% this month. Analysts cite the dollar losing value as a major booster, as holders of other currencies can more easily buy crude. U.S. production is…

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Watch: Oil prices sink but are expected to see overall gains this month

Brent crude oil prices sank below $70 this week as the U.S. amps up production in the face of OPEC-led production cuts. Overall, Brent crude prices have risen nearly 6% this month. Analysts cite the dollar losing value as a major booster, as holders of other currencies can more easily buy crude. U.S. production is keeping up with Saudi Arabia and is second only to Russia. Canada’s production is also expected to leap soon.

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P&G absorbs a $1 billion war-cost hit and signals a flat-to-3% EPS growth year ahead

P&G absorbs a $1 billion war-cost hit and signals a flat-to-3% EPS growth year ahead

Procter & Gamble anticipates a financial impact of $1 billion due to the conflict in Iran. The company projects that its fiscal year 2027 adjusted earnings per share will see growth ranging from flat to 3%. This guidance suggests earnings of approximately $7 at the midpoint.

  • 01Procter & Gamble expects a $1 billion cost impact from the Iran conflict.
  • 02The company projects fiscal 2027 adjusted EPS growth from flat to 3%.
  • 03Anticipated earnings per share for 2027 are approximately $7 at the midpoint.

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Mastercard's Q2 revenue jumps 14% to $9.28 billion as payment network volumes climb

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Mastercard reported a 14% increase in Q2 revenue, reaching $9.28 billion, driven by rising payment network volumes. The company's profit for the quarter was $4.39 billion, exceeding analyst expectations.

  • 01Mastercard's Q2 revenue rose by 14% to $9.28 billion.
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Halliburton's Q2 revenue hits $5.71 billion, beating estimates on dual-segment growth

Halliburton's Q2 revenue hits $5.71 billion, beating estimates on dual-segment growth

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  • 01Halliburton's Q2 2026 revenue rose by 3.7% to $5.71 billion.
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