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Oil giant Chevron is expected to announce it will expand operations in Venezuela, US official says
Associated Press24d agoneutral
Oil giant Chevron is expected to announce it will expand operations in Venezuela, US official says

Oil giant Chevron is expected to soon announce it will expand operations in Venezuela, a U.S. official said Tuesday. The official, who briefed reporters on the expected announcement, said that the company’s officials and Energy Secretary Chris Wright are expected to visit Venezuela on Wednesday where the new investment will be formally unveiled. The official spoke under condition of anonymity under ground rules set by the White House for the call.

Big Tech Is Incapable of Solving Its Own Problem, Says Mukunda
Bloomberg24d agoneutralVIDEO
Big Tech Is Incapable of Solving Its Own Problem, Says Mukunda

Bill Gates, the billionaire co-founder of Microsoft Corp., published a 6,000-word essay on Aug. 26 saying that he would slow the development of artificial intelligence if he could. He elaborated in an interview with the New York Times, saying "in private, people who understand how good this stuff is, and how much better it's getting, they're very worried" but few are raising the issues in public. The public is already convinced the tech industry can't be trusted with its own creations. Some legal news last week explains why. A bipartisan coalition of 51 attorneys general announced a proposed settlement with Meta Platforms Inc. that obligates the social media company that runs Facebook and Instagram to put tight restrictions on how children use its platforms. Gautam Mukunda, Lecturer at the Yale School of Management and Bloomberg Opinion contributor, joins Bloomberg Intelligence to discuss.

Nio shares slide after revenue misses estimates despite narrower loss
Proactive25d agobearish
Nio shares slide after revenue misses estimates despite narrower loss

NIO Inc (NYSE:NIO) shares fell after the Chinese electric vehicle maker posted second-quarter revenue that missed Wall Street expectations, even as the company narrowed its losses and pointed to improving margins. Revenue rose 69.1% year-over-year to RMB32.14 billion ($4.74 billion), falling...

Gap Up on Leadership Shift; Shein's Market Debut | Stock Movers
Bloomberg25d agoneutralVIDEO
Gap Up on Leadership Shift; Shein's Market Debut | Stock Movers

On this episode of Stock Movers: - Gap (GAP) shares jumped after naming a retail industry veteran to head Old Navy and profit outpaced estimates, offsetting a sales decline at the value chain and lower sales guidance. - Apple's (AAPL) Tim Cook handed over the reins to John Ternus on Tuesday, capping a tenure as chief executive officer that cemented the company as an iconic global brand and turned its stock into one of the most reliable bets. - Shein Global Holdings' shares long-awaited market debut has come at an awkward time: the fast-fashion retailer's peak growth years are behind it just as tariffs, regulatory pressure and intensifying competition are making its next phase harder.

What Does Apple (AAPL) Risk From Its Trade Secrets Lawsuit?
Simply Wall St.25d agobearish
What Does Apple (AAPL) Risk From Its Trade Secrets Lawsuit?

Apple (NasdaqGS:AAPL) has filed a lawsuit against OpenAI and a former engineer over alleged theft of confidential circuit schematics and related trade secrets. The complaint accuses the former Apple employee of misappropriating proprietary hardware designs and integrating them into OpenAI projects. Apple is seeking damages, a preliminary injunction, and court orders to destroy any materials that allegedly contain its protected technology. The case adds fresh scrutiny to how major AI players...

Vertex Completes $10 Billion Crinetics Acquisition, Adding Rare Endocrine Growth Platform
InvestorsHub25d agoneutral
Vertex Completes $10 Billion Crinetics Acquisition, Adding Rare Endocrine Growth Platform

The completed acquisition adds PALSONIFY and atumelnant to Vertex’s portfolio, with the two therapies carrying combined peak annual revenue potential of more than $5 billion according to the company. Key Investor TakeawaysVertex Pharmaceuticals (NASDAQ:VRTX) completed its approximately $10 billion equity-value acquisition of Crinetics Pharmaceuticals on September 1, 2026.

NUBURU Advances Tekne Acquisition as Adjusted Active Order Value Reaches $135.4 Million
InvestorsHub25d agoneutral
NUBURU Advances Tekne Acquisition as Adjusted Active Order Value Reaches $135.4 Million

The proposed 70% Tekne acquisition is now expected to close in the first half of October as NUBURU moves from assembling its Defense & Security platform toward integrating its operating capabilities. Key Investor TakeawaysNUBURU (USOTC:BURU) expects its proposed acquisition of a 70% controlling interest in Tekne to close during the first half of October 2026.

NIO Q2 Earnings Call Highlights
MarketBeat25d agoneutral
NIO Q2 Earnings Call Highlights

NIO (NYSE:NIO) reported second-quarter 2026 vehicle deliveries of 107,658, up 49.4% from a year earlier, as revenue rose 69.1% to RMB32.1 billion and the company narrowed its operating and net losses. Founder, Chairman and Chief Executive Officer William Li said all three of the company’s brands—NI

How Often Do Stocks Decline in September?
The Wall Street Journal25d agoneutral
How Often Do Stocks Decline in September?

U.S. stocks finish higher in September less frequently than other months, according to Dow Jones Market Data. In September, the Dow industrials have finished higher only 43% of the time, using data going back to 1897.

Amazon (AMZN): Buy, Sell, or Hold Post Q2 Earnings?
StockStory25d agoneutral
Amazon (AMZN): Buy, Sell, or Hold Post Q2 Earnings?

Amazon has had an impressive run over the past six months as its shares have beaten the S&P 500 by 12.8%. The stock now trades at $260.22, marking a 24.9% gain. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

Rezolve AI H1 Earnings Call Highlights
MarketBeat25d agoneutral
Rezolve AI H1 Earnings Call Highlights

Rezolve AI (NASDAQ:RZLV) reported first-half 2026 revenue of $130.8 million, up from $6.3 million in the prior-year period, as the company expanded its enterprise customer base and continued to build distribution partnerships with major technology and services providers. Founder, Chairman and CEO D