Weekly Roundup: Halliburton Rises, Smuckers Falls, Oracle Hits Record
Jun 13, 2025
Tensions in the Middle East are driving Halliburton's stock up as fears of oil supply disruption surface. Meanwhile, Smuckers faces its biggest drop in decades, hit hard by increasing coffee costs and US tariffs. In a surprising twist, Oracle shines with a remarkable 23% stock surge, showcasing robust future growth amidst the often cautious AI landscape. The discussion dives into these market dynamics with a touch of humor and relatable stories, making financial news more accessible.
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insights INSIGHT
Energy Stocks Surge on Middle East Tensions
Halliburton shares surged 13% this week, driven by Middle East tensions affecting oil supplies.
Energy stocks were the only S&P 500 sector in the green on Friday, reflecting market sensitivity to geopolitical risks.
insights INSIGHT
Smuckers Faces Tariff-Driven Earnings Hit
Smuckers shares dropped 16%, marking its worst weekly decline in nearly 40 years due to tariffs raising coffee costs.
The company cut its adjusted earnings forecast by $1 per share to $9.50, citing tariff impacts on its coffee supply chain.
question_answer ANECDOTE
Tim's Dedicated Morning Coffee Ritual
Tim Stenovec shared that he drinks one perfect cup of coffee each morning and avoids more later.
Carol Massar joked about Tim's serious coffee routine, revealing his passion for a carefully brewed cup.
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- Halliburton (HAL), along with shares in several energy and oil companies, rose toward the end of the week on heightened tensions in the Middle East. Iran fired hundreds of ballistic missiles against Israel following an unprecedented direct attack on its nuclear facilities, ramping up a conflict between sworn enemies that threatens to engulf the Middle East and disrupt global oil supplies. Multiple waves of missiles targeting Israeli cities amount to the most forceful step yet by Tehran since Israel’s overnight raids killed top Iranian generals and badly damaged key military infrastructure. Israel said it identified missiles launched from the Islamic Republic and reported explosions from interceptions and falling debris from incoming projectiles. There was dramatic video footage of at least one large explosion in Tel Aviv, and reports of explosions over Jerusalem.
- Smuckers (SJM) declined the most in nearly four decades after saying US tariffs increasing costs in its coffee business will hurt profit, continuing a challenging run for the biggest US packaged food producers. The company, which owns the Folgers and Cafe Bustelo coffee brands, said adjusted earnings this fiscal year will be as much as $9.50 a share. The impact of higher coffee costs and US levies reduced that forecast by roughly $1 a share, Smuckers said. Shares sank 16% on Tuesday in New York, the biggest drop in data compiled by Bloomberg that extends back to 1988. The stock had risen about 1.6% this year through Monday’s close, less than the S&P 500 Index’s gain of roughly 2%.
- Oracle (ORCL) shares soared to a record high after the software maker projected a 70% gain in cloud infrastructure sales this fiscal year, giving a bullish outlook for the closely watched business. The company, long known for its database software, has been gaining traction in its effort to become a major player in the business of cloud computing — renting out computing power and storage — by targeting clients focused on artificial intelligence work. Earlier this year, it announced a joint venture dubbed Stargate to provide OpenAI with massive sums of computing power. The shares gained 13% to $199.85 at the close on Thursday in New York, marking the biggest single-day increase in a year. Oracle had already climbed 17% in the last month as investors grew more optimistic that tariffs and other geopolitical issues wouldn’t disrupt the software industry.
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