Diamonds and Dogs

2/19/25

Oil stocks, Occidental Petroleum (OXY) and Devon Energy (DVN) are up 5% and 8% following better than expected earnings. Oil stocks and International markets including China have quietly outperformed so far this year under the Trump administration. Occidental also raised their dividend and received positive news that Warren Buffett increased his stake in the firm.

Bumble (BMBL) drops 28% following earnings. The online dating site reported inline earnings, but then guided down for the first quarter. The stock is back toward its 52 week set in August last year. One sliver of hope is the company is bringing back the founder Whitney Wolfe Herd as its chief executive in March.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.