Chevron Ends 55-Year North Sea Operations Ahead Of Hess Deal: Report
Chevron Corp. (NYSE: CVX) will exit the U.K. North Sea, ending its 55-year presence, to streamline its portfolio amid a $53 billion acquisition of Hess Corp. (NYSE: HES).
Meta Faces EU Investigation Over Child Safety Concerns: Report
Meta Platforms Inc (NASDAQ: META), the parent company of Facebook and Instagram, is under EU scrutiny for potential violations of child safety rules under the Digital Services Act (DSA). The European Commission's in-depth probe highlights concerns about Meta's content algorithms and age verification methods, fearing exposure to harmful content. Meta maintains its commitment to child safety, emphasizing its extensive tools and policies for online protection.
What’s Going On With EV Maker Nio Stock Thursday?
Nio Inc (NYSE: NIO) launching its new Onvo brand, offering L60 SUV at a discount compared to Tesla (NASDAQ: TSLA). CEO aims for global sales. NIO stock up.
AstraZeneca’s COVID-19 Prevention Therapy Cuts Risk Of Infection In Patients With Weaker Immunity, Data Shows
AstraZeneca's Phase 3 SUPERNOVA trial shows sipavibart significantly reduces symptomatic COVID-19 in immunocompromised patients. The trial met primary endpoints, showing effectiveness against various SARS-CoV-2 variants.
AMC Entertainment: A ‘Dead Company Walking,’ Says Bear Cave Report
Report questions AMC's financial health & recent stock movements. Social media influencers have played a role but questionable position unlikely to see sustained gains.
Tyson Foods’ Says Reintroducing Antibiotics Yields Healthier Chickens
Tyson Foods Inc. (NYSE: TSN) reports improved poultry health after reintroducing certain antibiotics, resulting in better weight gain and reduced mortality rates. CEO Donnie D. King notes this shift, part of a broader efficiency strategy, has strengthened their chicken business. Tyson remains committed to avoiding antibiotics critical to human medicine, reflecting its balanced approach amid rising costs and surplus supply.
Morgan Stanley Declares $270M Investment Into Bitcoin ETFs In Q1, Leads Institutional Inflow Of ‘Historical Scale’
Morgan Stanley (NYSE:MS) has declared a substantial $269.9 million investment in spot Bitcoin (CRYPTO:
Honda Commits $65B To Electrification By 2030
Honda Motor Co. Ltd (NYSE:HMC) is set to invest $65 billion in electrification and software development over the next decade, doubling its previous commitment. CEO Toshihiro Mibe highlighted the necessity of this investment for battery supply and cost reductions. Starting in 2026, Honda will launch new EVs with a 300-mile range and advanced e-axle technology, aiming for a 20% reduction in battery costs by 2030.
Dogecoin Is ‘Overdue For A Good Pump,’ Says Popular Trader Who Thinks ‘It’s Almost Time’
Dogecoin (CRYPTO: DOGE) prompted bullish predictions from traders after significant whale transactions were observed on the blockchain.
Eli Lilly’s Weekly Insulin Dose On Par With Commonly Used Daily Doses, Phase 3 Studies Show
Eli Lilly phase 3 trials reveal once-weekly insulin efsitora as a non-inferior alternative to daily basal insulins for type 2 diabetes.