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The Dow Jones closed lower by close to 300 points on Friday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
In a cash-neutral move, Equinor and BP redefine offshore wind territories. While Equinor eyes NY's offshore ambitions, BP takes the helm of Beacon Wind projects. The deal, set to close in Q2 or Q3 2024, reshapes both companies' strategies without impacting Equinor's adjusted earnings.