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Texas counties by GDP in 2021 (chained 2012 US$) The economy of the State of Texas is the second largest by GDP in the United States after that of California. It has a gross state product of $2.694 trillion as of 2023. [7] In 2022, Texas led the nation with the most companies in the Fortune 500 with 53 in total. [8]
Shares of Tesla, Inc. lost a little more than 6% Thursday after the electric-car company announced quarterly and full-year 2024 delivery numbers that were slightly lower than those in 2023.
Data source: Yahoo! Finance. Chart by author.. As shown above, the average year-end target for the S&P 500 implies 11% upside, while the median year-end target implies 12% upside in 2025.
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
In 2020, the oil futures market saw a long squeeze when the price of near-month futures for West Texas Intermediate oil fell below $0, [1] causing long holders to be margin-called, forcing the price lower and triggering additional margin-calls, in a manner similar to a classic short squeeze, eventually reaching a bottom of $-37.63 per barrel ...
The economy of Houston is based primarily on the energy industry, particularly oil.However, health care, biomedical research, and aerospace also constitute large sectors. In 2021, the gross domestic product (GDP) of the Houston–The Woodlands–Sugar Land metropolitan statistical area (MSA) was 537 U.S. dollars billion, the fourth-largest of any metro area in the United States. [1]