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Investing.com -- Berkshire Hathaway's Chief Executive Greg Abel said Wednesday the company sees opportunities for its energy business from the expansion of AI data centers, following the conglomerate's $10 billion additional investment in Alphabet three months ago.
Be wary of chasing the coding platform’s recent rally, with shares already up 46% over the past three months.
New Canada tariffs are landing as a direct bill to two of America's biggest automakers, and the ripple effects stretch well beyond car lots into the housing market and household budgets.
Asking for a Trend Host Josh Lipton previews the stories that will be making headlines tomorrow, including earnings from Broadcom (AVGO) and Snowflake (SNOW), plus a fresh look at the labor market with ADP's private payrolls report ahead of Friday's highly anticipated jobs report.
Investing.com -- Uber Technologies (NYSE:UBER) shares rose 2.4% Wednesday morning following a Bloomberg report that the company plans to cut approximately 3,300 jobs, representing 10% of its global workforce, as part of a restructuring effort to reduce management layers.
The cuts represent 10% of Uber's global workforce and will reduce the number of managers by 20%
Peter Zaffino, who earlier this year retired as AIG’s chief executive, will join Palantir as global head of financial services.
Peter Zaffino, who earlier this year retired as AIG’s chief executive, will join Palantir as global head of financial services.
Campbell's and Lululemon both report on the same Thursday, but one of those earnings releases carries consequences that will shape an entire portfolio year while the other is just another quarter. Knowing which is which changes everything about how retirees should position right now.
War weary and headed down Wall Street can't shake off the war jitters. Futures are pointing lower again, with the tech-heavy Nasdaq off 0.6%, the S&P down 0.2% and the Dow sitting on the gain line. On the commodities market, Brent punched above $95 a barrel after the latest US strikes...
Chevron plans to more than double its oil production in Venezuela, investing $7 billion over the next five years. The company is making largest financial commitment so far in a US government-led push to revive the Latin American country's industry. Tyler Kendall reports on Bloomberg Television.
Honeywell Aerospace settles cyber whistleblower case; CrowdStrike helps law enforcement take down botnet.
Investing.com -- Chevron said Wednesday it has reached updated terms with Venezuela for its joint ventures in the country and will invest more than $7 billion over the next five years, aiming to lift production to about 600,000 barrels per day.
Stock futures dipped Wednesday as bond yields rose globally and oil prices topped $90 a barrel, fanning inflation fears
Chevron is taking steps to more than double its production in Venezuela, planning to invest more than $7 billion in the country over the next five years.
Chevron has inked a deal to spend $7 billion in Venezuelan oil fields over the next five years. It adds two new undeveloped heavy oil fields to the company’s JV with state-run Petróleos de Venezuela. The expansion plan—a win for the Trump administration, which has prompted oil companies to invest there—will double Chevron’s output over five years to 600,000 barrels per day.
U.S. Treasury Secretary Scott Bessent has played down concerns over the bond market selloff this week as benchmark Treasury yields top 4.8%. Here’ s what he said at a G-20 finance ministers’ gathering in Asheville, N.
Tesla (NASDAQ:TSLA) is set to hold an event for its purpose-built Cybercab robotaxi in Austin, Texas, on Thursday, as the electric vehicle company continues developing its autonomous driving operations. The event comes as Tesla tests Cybercab vehicles on public roads and develops its robotaxi service, while questions remain regarding regulatory approval and compliance with federal safety requirements.
Amazon shares on a late summer slide.
The facility in Kendallville, Indiana, is the sole producer of the company's marshmallow and caramel brands.
Sept 2 (Reuters) - Chevron said on Wednesday it had agreed with Venezuela on updated terms for its joint ventures in the country and plans to invest more than $7 billion over the next five years,
Oil giant Chevron is confirming that it will expand its operations in Venezuela, just days after President Donald Trump announced an ambitious deal to develop the nation’s oil reserves and give the Pentagon a stake in the profits. Chevron said Wednesday that it has been assigned additional acreage in the Orinoco Belt, where the company has an established position. “Chevron’s history in Venezuela spans more than a century, and our expanded position reflects our confidence in the country’s deep resource potential and its ability to compete for investment within our portfolio for decades,” CEO Mike Wirth said in a prepared statement.
Investors are now pricing in a 70% chance that the Federal Reserve raises rates at its Sept. 15-16 meeting. That is up from 37% a week ago, according to CME Group data. The jump in rate expectations is a major driver behind the rise in U.
Broadcom might be the biggest winner from the AI-chip craze after Nvidia with a growing roster of large customers and $100 billion of revenue projected for that segment of its business in its next fiscal year. Broadcom came into the AI boom as a hodgepodge of chip and software businesses assembled by Chief Executive Hock Tan. Google changed the game at the boom’s outset.
SAN FRANCISCO, Sept 2 (Reuters) - Tesla is set to hold an event for its purpose-built robotaxi Cybercab in Austin, Texas, on Thursday, amid much fanfare, as well as questions about regulatory hurdles
SAN FRANCISCO, Sept 2 (Reuters) - Tesla is set to hold an event for its purpose-built robotaxi Cybercab in Austin, Texas, on Thursday, amid much fanfare, as well as questions about regulatory hurdles
Chevron Corp. plans to invest $7 billion over the next five years to more than double its oil production in Venezuela, the largest financial commitment so far in a US government-led push to revive the Latin American country’s industry.
In the past quarter, MongoDB, Inc. reported second-quarter fiscal 2027 revenue of US$771.77 million and net income of US$40.94 million, turning last year’s loss into earnings of US$0.50 per diluted share, and also raised its full-year 2027 revenue and earnings guidance. The company’s Atlas cloud database continued to be a key growth engine, with management citing strong enterprise workloads and early AI use cases as drivers of the upgraded outlook. We’ll now examine how MongoDB’s earnings...
By Lewis Krauskopf NEW YORK, Sept 2 (Reuters) - U.S. stock investors are warily watching the rise in Treasury yields as a stumbling block for Wall Street's record-setting rally, with particular
Automation software company UiPath (NYSE:PATH) will be reporting results this Thursday afternoon. Here’s what to look for.
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