Tuesday after Saudi Arabia on Monday extended a voluntary 1-million-barrels-per-day oil production cut flagged for July into August.
Oil and gas stocks were a key driver of European share gains Monday, along with miners. That was despite concerns over the global economic outlook, as final manufacturing purchasing managers' index figures from S&P Global showed a6 Hours AgoMorgan Stanley has named four cybersecurity stocks expected to benefit from the increasing use of artificial intelligence.
The bank expects these four tech giants to help cut down on cybersecurity costs at companies by levering A.I. and potentially profit from the $100 billion in total savings expected.CNBC Pro: These global and U.S. stocks are set to soar further after a strong first half, analysts sayin the first half of this year, and analysts expect some to continue to soar over the rest of 2023 and beyond.
CNBC Pro screened for U.S. and global stocks that are among the top performers over the year to date -- up over 15% — with an average analyst price target that implies upside of at least 30% over the next 12 months. All of the stocks have a buy rating from at least 60% of analysts covering them.