Petrobras New CEO Vows To Fuel Brazil’s Growth Engine: Report
New CEO of Petrobras, Magda Chambriard, aims to boost Brazil's economy and profitability. No further management changes expected.
12 Energy Stocks Moving In Wednesday’s After-Market Session
Gainers Tellurian (AMEX:TELL) stock moved upwards by 4.6% to $0.68 during Wednesday’s after-market session. The market value of…
WTI Crude Hits $80, Notches Best Day In Over 2 Months: ‘Peak Oil Demand Still A Decade Away’
Oil prices surge on anticipation of increased demand and ongoing supply constraints. Goldman Sachs projects continued demand growth until 2034.
Why Brazilian Oil Company Petrobras Stock Is Higher Today
Petrobras' new chief executive officer Magda Chambriard reportedly stated that a basin in Brazil's Equatorial Margin was a matter of "national interest." On Friday, Petrobras appointed Magda Chambriard as a member of the Board of Directors and elected her as the company's new CEO. She replaced prior CEO Jean Paul Prattes, who had resigned amid a dispute over dividend payments.
Spotlight on Petrobras Brasileiro: Analyzing the Surge in Options Activity
Financial giants have made a conspicuous bearish move on Petrobras Brasileiro. Our analysis of options history for Petrobras…
Jim Cramer: This Industrial Stock Is Doing ‘Very Well’; Here’s His Take On Palantir
Jim Cramer likes Enbridge Inc. (NYSE: ENB), says Lazard, Inc. (NYSE: LAZ) is a good buy, and Advanced Drainage Systems, Inc. (NYSE: WMS) is an incredible infrastructure play. He also mentions Jacobs Solutions Inc. (NYSE: J) and Sarepta Therapeutics, Inc. (NASDAQ: SRPT). Petrobras CEO was fired by Brazil's President, and Palantir Technologies Inc. (NYSE: PLTR) reported a 21% increase in first-quarter revenue.
Li Auto Was One Of The Worst-Performing Stocks Last Week: Are These 10 Large-Cap Stocks Losers In Your Portfolio? (May 12-May 18, 2024)
Last week, these 10 large-cap stocks had the worst performance. NICE, PBR, FIX, LI, MLM, VMC, BMRN, EDU, GFI, MUFG all saw significant decreases.
Smart Money Is Betting Big In PBR Options
Benzinga’s options scanner has just identified more than 8 option transactions on Petrobras Brasileiro (NYSE:PBR), with a cumulative…
Why Bolt Biotherapeutics Shares Are Trading Lower By Around 34%? Here Are Other Stocks Moving In Wednesday’s Mid-Day Session
Shares of Bolt Biotherapeutics, Inc. (NASDAQ:BOLT) fell sharply during Wednesday’s session after the company reported first-quarter financial results.…
Why Is Brazilian Oil Company Petrobras Stock Sinking Today?
PBR shares down as CEO Jean Paul Prattes resigns and is replaced by former regulator with similar views to President Lula. Concerns about political interference and impact on minority shareholders.