What’s Going On With Equinor Shares Monday?
Equinor ASA shares are down amid reports of delayed restart of Hammerfest LNG plant due to gas leak.
Meta Faces EU Probe For Suspected Failure To Combat Russian Disinformation: Report
The European Commission reportedly launches an investigation into Meta Platforms' Facebook and Instagram amid concerns of Russia disinformation. Suspicions of inadequate moderation have raised alarms, particularly regarding political advertising, risking electoral integrity.
TotalEnergies To Fast-Track Iraq Solar Power and Gas Projects: Report
TotalEnergies reportedly plans to finish solar project and gas project in Iraq in 2025, to produce 50 mcf/d in Iraq's gas project. TotalEnergies aims to boost energy production.
Philips Reaches $1.1B Settlement On US Sleep Apnea Devices’ Claims, Backs Annual Guidance
Philips settles $1.1 billion in Respironics ventilator recall lawsuit. Updates on Philips' Q1 performance and 2024 guidance. PHG shares surge 36.9% in premarket trading.
Domino’s Pizza Serves Up A Tasty Q1 Surprise, Setting The Table For A Profitable Year
Domino's Pizza impresses investors with first-quarter FY24 performance, boasting a 6% year-on-year sales surge to $1.085 billion, outshining analyst predictions. Strong supply chain revenues and expanding margins signal resilience amid market fluctuations.
Turkey Reportedly Turns East For Gas, Reportedly Eyes Exxon Deal To Ditch Russia
Exxon Mobil is reportedly in talks with Turkey for LNG deal to reduce dependence on Russia. Potential for 2.5M tonnes annually, costing $1.1B. XOM ahead of schedule to double LNG portfolio by 2030.
Tesla Skyrockets About 10% In Premarket: What’s Fueling The Dramatic Rally?
Tesla supremo Elon Musk's China visit seems to have done the trick for the stock as it has taken off in premarket trading.
US Stocks Set To Approach New Week With Caution Ahead Of Fed Meeting, Tech Earnings: Analyst Says ‘Buy The Dip’ Contingent On This Condition
U.S. stocks are looking to build on past week’s gains, with the mood remaining cautiously optimistic. The major index futures were modestly higher in early trading.
Legal Battle Unmasks Shell’s Under-The-Radar Oil Trading Earnings: Report
Unveiled in a Texas court, documents from a former employee's lawsuit against Shell PLC expose the financial intricacies of its expansive oil and gas trading arm. Testimony by ex-division head John Dimech sheds light on substantial profits, with annual figures ranging from $950 million to $1 billion. This glimpse into Shell's closely-guarded trading operations highlights its significant contributions to overall U.S. pre-tax profits.
Blackstone Clinches Hipgnosis Deal, Expanding Music Rights Portfolio
Blackstone clinches the acquisition of Hipgnosis Songs Fund for $1.57 billion, outpacing Concord's bid, marking a significant expansion in music rights ownership, with hits from Shakira and Red Hot Chili Peppers joining its repertoire.