TRUMP AND FAMOUS BILLIONAIRES WERE BUYING THIS OIL STOCK

What happened: Chevron Corporation (NYSE:CVX) reports Q3 results on Oct. 30. The article says Trump's latest stock portfolio includes Chevron, and several billionaire-run funds added to Chevron positions in the second quarter. Key numbers: Citadel raised its Chevron stake 146% to 3.5 million shares worth $579.5 million. AQR added 269% to 5.5 million shares worth $912.1 million. Why it matters: The article says analysts expect earnings per share to fall 11.5% in 2027 and revenue to drop 6%, and that the stock trades above its prior record of about $218, leaving less cushion if oil drops.

Chevron Corporation (NYSE:CVX) reports Q3 results on Oct. 30. The article says Trump's latest stock portfolio includes Chevron, and several billionaire-run funds added to Chevron positions in the second quarter.

The article says analysts expect earnings per share to fall 11.5% in 2027 and revenue to drop 6%, and that the stock trades above its prior record of about $218, leaving less cushion if oil drops.