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HubSpot Shares Climb After CNBC Anchor Confirms Alphabet Acquisition Rumor

By Erica Kollmann
May 28, 11:23 AM
CNBC's David Faber confirmed Alphabet's rumored acquisition of the cloud-based growth platform. "There have been many reports about HubSpot being in conversations with Google," Faber said. "My understanding is absolutely true, all stock deal for Alphabet to acquire HubSpot." Last month, Reuters reported that Alphabet had met with Morgan Stanley advisors to discuss a possible offer to acquire HubSpot.

GOOG

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Why Brazilian Oil Company Petrobras Stock Is Higher Today

By Lekha Gupta
May 28, 11:23 AM
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.

PBR