BP appoints Woodside’s Meg O’Neill as CEO after Auchincloss’ abrupt exit
BP appoints Woodside’s Meg O’Neill as CEO after Auchincloss’ abrupt exit #appoints #Woodsides #Meg #ONeill #CEO #Auchincloss #abrupt #exit
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Is Micron Stock a Buy Ahead of Q1 Earnings on December 17?
Micron Technology (MU) will release its first-quarter fiscal 2026 earnings on Wednesday, Dec. 17. Market expectations remain high heading into the earnings. Management set an optimistic tone during the previous quarter’s conference call, indicating that the company could deliver record revenue and earnings for the first quarter. Micron is benefitting from the rapid expansion of … Read more
Beneficial Weather in West Africa Weighs on Cocoa Prices
March ICE NY cocoa (CCH26) on Wednesday closed down -20 (-0.33%), and March ICE London cocoa #7 (CAH26) closed down -11 (-0.25%). Cocoa prices gave up early gains and settled lower on Wednesday as favorable weather in West Africa is expected to boost yields and supply, which is bearish for prices. Cocoa farmers in the … Read more
Activist investor Elliott reportedly takes $1 billion stake in Lululemon, eyes new CEO
Activist investor Elliott Management has taken a sizeable stake in Lululemon Athletica and has a potential CEO candidate in hopes of turning around the company’s fortunes, according to a new report. #Activist #investor #Elliott #reportedly #takes #billion #stake #Lululemon #eyes #CEO
Trump announces $1,776 ‘warrior dividend’ payout for military personnel
Trump announces $1,776 ‘warrior dividend’ payout for military personnel #Trump #announces #warrior #dividend #payout #military #personnel
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Dollar Pressured by Dovish US Economic Reports
The dollar index (DXY00) today is down by -0.28% and slid to a 2.25-month low. The dollar is under pressure from today’s Fed-friendly US economic reports on Nov payrolls, Oct retail sales, and Dec S&P manufacturing activity that bolster the outlook for the Fed to keep easing monetary policy. The dollar is also under pressure … Read more
Dollar Gains on Weakness in the British Pound and Yen
The dollar index (DXY00) today is up by +0.17%. The dollar is moving higher today due to weakness in GBP/USD after UK November consumer prices rose less than expected. Also, weakness in the yen today is positive for the dollar as Japanese fiscal concerns weigh on the yen. The dollar fell back from its best … Read more
DoorDash joins Instacart in the newest shopping battleground — ChatGPT
DoorDash Inc. on Wednesday said it had joined forces with OpenAI to allow people to shop for groceries in ChatGPT and check out on the delivery platform itself, as artificial intelligence becomes a bigger competitive front for online shopping. #DoorDash #joins #Instacart #newest #shopping #battleground #ChatGPT