BP PLC
Stocks making the biggest moves midday: Nvidia, Corning, Helen of Troy, UiPath and more
Check out the companies making headlines in midday trading: Nvidia — Shares of the artificial intelligence darling popped 1.8% following KeyBanc’s price target hike to $180, which implies about 40% upside from Monday’s close. The firm said demand for Nvidia’s H100 chip “remains robust” even with the imminent launch of Blackwell in the second half […]
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Stocks making the biggest moves premarket: Chemours, Intel, BP and more
Check out the companies making headlines before the bell. Chemours — The chemical company added about 3% after UBS upgraded the company to buy from neutral, saying the stock could outperform as refrigerants see favorable demand and price drivers heading into next year. Nvidia — Shares rose more than 1% after KeyBanc hiked its price […]
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Stocks making the biggest moves midday: Bath & Body Works, Carnival, GameStop and more
Check out the companies making headlines in midday trading: Bath & Body Works — Shares of Bath & Body Works sank 14% and headed for their worst day since 2021. The retailer beat first-quarter earnings and revenue estimates but offered disappointing second-quarter guidance. Bath & Body Works expects earnings to range between 31 cents and […]
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Previous BP exec’s ex-spouse gets jail for insider trading following eavesdropping on her phone calls
Sam Edwards | Getty Pictures The ex-husband of a former BP mergers and acquisitions manager was sentenced to two yrs in federal prison for insider trading that netted him $1.76 million after he eavesdropped on her function phone calls about the oil giant acquiring another company. The ex-spouse, Tyler Loudon, also was sentenced to 1 […]
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Dow closes slightly higher and posts longest winning streak since December: Live updates
Stocks end the day mixed Here is how the major indexes closed on Tuesday: — Pia Singh Chinese tech stock rally reverses course on Tuesday The rally for stocks tied to China stumbled on Tuesday, with several of the country’s top tech names under pressure. Shares of JD.com slipped 1.8%, while Alibaba fell nearly 3%. […]
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BP misses anticipations as profits slip on weaker oil and fuel selling prices
A BP gasoline station in Madrid, Spain. Sopa Photographs | Lightrocket | Getty Photos BP on Tuesday claimed a fall in very first-quarter financial gain, with success coming in under analyst anticipations amid a “drastically weaker” margin in fuels and decrease gasoline and oil rates. The British strength big logged underlying replacement charge profit, applied […]
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Oil huge Shell beats very first-quarter gain estimates, launches $3.5 billion share buyback
The Shell symbol is shown outside the house a petrol station in Radstock on February 17, 2024 in Somerset, England. Matt Cardy | Getty Images News | Getty Images British oil giant Shell on Thursday documented stronger-than-predicted initial-quarter income, boosted by higher refining margins and robust oil trading. Shell described altered earnings of $7.7 billion […]
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BP trims down executive team, picks new head of its fuel and lower carbon energy organization
A common perspective of the BP brand and petrol station forecourt signal on January 22, 2024 in Southend, United Kingdom. John Keeble | Getty Images News | Getty Photos British oil major BP on Thursday trimmed its executive team down to 10 users and announced William Lin as the new head of the firm’s oil and small […]
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BP’s EV charging arm cuts positions, decreases world-wide ambitions: Reuters
A BP symbol photographed in London on May perhaps 12, 2021. Glyn Kirk | Afp | Getty Visuals BP has minimize about a tenth of the workforce in its electric powered car charging company and pulled it out of numerous marketplaces immediately after a wager on swift advancement in commercial EV fleets didn’t pay off, enterprise […]
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Morgan Stanley sees ‘hot summer’ in advance for electrical power sector, offers its favourite picks
A strong oil outlook on more robust-than-expected demand this 12 months need to deliver a “very hot summer months” for strength stocks, in accordance to Morgan Stanley. The investment decision bank has upgraded the electricity sector to “interesting” as crude oil need forecasts have improved on improved-than-anticipated development in the main economies. Morgan Stanley’s prime […]
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