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us companies lead energy transition as markets react to potential rate cuts

US companies are leading the energy transition through electric vehicles and renewables, while the Federal Reserve's potential rate cuts could positively impact global equity markets. Despite challenges, firms like Occidental Petroleum and Devon Energy are focusing on debt reduction and operational excellence amid a sluggish energy sector. Meanwhile, AI-driven companies are expected to drive significant growth, with UBS optimistic about the broader market's potential following the 2024 presidential election.
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United States Dollar Devon Energy Corporation Occidental Petroleum Corporation USA Sunil
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17:35 13.11.2024
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