Palantir rebounded after a sharp sell-off as investors revisited its AI growth outlook, with political attention around its defense work adding to sentiment while the focus shifts to what catalyst can sustain the recovery.
Palantir rebounded after a sharp sell-off as investors revisited its AI growth outlook, with political attention around its defense work adding to sentiment while the focus shifts to what catalyst can sustain the recovery.
Palantir Technologies (NASDAQ:PLTR), data analytics platforms for governments and enterprises, closed Monday at $132.37, up 3.33%.The stock rose as investors responded to political endorsements, ongoing ARK Invest purchases, and increased attention on AI defense and commercial ad
Palantir Technologies (NASDAQ:PLTR), data analytics platforms for governments and enterprises, closed Monday at $132.37, up 3.33%.The stock rose as investors responded to political endorsements, ongoing ARK Invest purchases, and increased attention on AI defense and commercial ad
The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +1.02%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.63%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.06%. June E-mini S&P futures (ESM26 ) rose +0.98%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +1.02%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.63%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.06%. June E-mini S&P futures (ESM26 ) rose +0.98%, and June E-mini Nasdaq futures...
Iran warns Americans they face higher pump prices due to prohibition imposed on Monday evening Middle East crisis – live updates The US blockade of ships using Iranian ports in the Gulf began on Monday evening, turning the six-week-old conflict between the US-Israeli coalition and Iran into a test of economic endurance. US Central Command (Centcom) made no formal announcement of the start of the b...
Iran warns Americans they face higher pump prices due to prohibition imposed on Monday evening Middle East crisis – live updates The US blockade of ships using Iranian ports in the Gulf began on Monday evening, turning the six-week-old conflict between the US-Israeli coalition and Iran into a test of economic endurance. US Central Command (Centcom) made no formal announcement of the start of the blockade but had said it would take effect at 5.30pm Iranian time (3pm UK time) on Monday, and would apply to any ships entering or departing Iranian ports or coastal areas, while ships using non-Iranian ports would not be impeded. Continue reading...
Justin Sullivan/Getty Images News Chevron ( CVX ) said post-market Monday its subsidiaries with interests in Venezuela agreed to an asset swap with Petroleos de Venezuela, which it said will boost both parties' focus on strategic assets in the country. Under the deal terms, Chevron ( CVX ) will receive an additional 13.21% working interest in the Petroindependencia joint venture, raising its total...
Justin Sullivan/Getty Images News Chevron ( CVX ) said post-market Monday its subsidiaries with interests in Venezuela agreed to an asset swap with Petroleos de Venezuela, which it said will boost both parties' focus on strategic assets in the country. Under the deal terms, Chevron ( CVX ) will receive an additional 13.21% working interest in the Petroindependencia joint venture, raising its total stake to 49% from 35.8% previously, and its Petroplar joint venture, which is 30% owned by Chevron, will receive rights to develop an area located in Venezuela's Orinoco oil belt. The company also agreed to relinquish the Loran offshore gas field and its stake at a small field in western Venezuela while receiving a new oil area, Ayacucho 8, as part of its existing Petropiar project, also in the Orinoco. In exchange, PDVSA will receive from Chevron ( CVX ) its 60% and 100% operated interests in the offshore Plataforma Deltana Block 2 1 and Block 3 2 gas licenses, respectively, and its 25.2% non-operated interest in the Petroindependiente joint venture located in western Venezuela . " This agreement expands Chevron's heavy oil position in two key joint ventures in Venezuela and reflects our disciplined development of the country's significant resources," said Javier La Rosa , President of Chevron Base Assets and Emerging Countries. More on Chevron Chevron: Growth Drivers Are In Sync With Valuation And Technicals Chevron: Prolonged Iran War A Catalyst Chevron: $130-$140 Oil Is Realistic, And That's Not Good
Bloomberg’s Caroline Hyde and Ed Ludlow discuss Anthropic’s newest AI model Mythos as US officials warn Wall Street that the tool could usher in an era of cyber risk. Plus, Roblox CEO Dave Baszucki explains why the company is introducing new accounts for younger children and teens and how well its age estimation tool is working. And, following the historic Artemis II splashdown, NASA and its partn...
Bloomberg’s Caroline Hyde and Ed Ludlow discuss Anthropic’s newest AI model Mythos as US officials warn Wall Street that the tool could usher in an era of cyber risk. Plus, Roblox CEO Dave Baszucki explains why the company is introducing new accounts for younger children and teens and how well its age estimation tool is working. And, following the historic Artemis II splashdown, NASA and its partners pick apart what worked and what didn't on its space vehicles. (Source: Bloomberg)
Raízen SA bondholders and bank creditors are asking for a stake of as much as 90% of the company in exchange for 45% of its debt in a restructuring, according to people familiar with the matter. That’s higher than the 70% stake that Raízen has proposed for creditors to receive in a potential debt-to-equity swap, said the people, who asked not to be identified citing private negotiations. As contro...
Raízen SA bondholders and bank creditors are asking for a stake of as much as 90% of the company in exchange for 45% of its debt in a restructuring, according to people familiar with the matter. That’s higher than the 70% stake that Raízen has proposed for creditors to receive in a potential debt-to-equity swap, said the people, who asked not to be identified citing private negotiations. As controllers Shell Plc and Cosan SA resist a push from creditors to inject more money into Raizen, banks including Itau Unibanco Holding SA and Banco Bradesco SA are even threatening to stop lending to other Cosan companies if a more favorable solution for creditors isn’t reached, the people said. Lenders have also been pushing for more of a say in how the Brazilian biofuels giant is managed. Raízen, a joint venture of Cosan and Shell, filed for an out-of-court restructuring in March with a 65 billion-real ($13 billion) debt load. Since then, the company has been negotiating with creditors to strike a restructuring deal and avoid having to file for bankruptcy protection. Read More: Raízen Lenders to Demand Management Changes in Counteroffer Cosan, which also owns railway, natural gas and lubricant businesses, ended December with net debt of 9.7 billion reais. That was 46% lower than the previous quarter, since the company received a 4.5 billion-real capital injection late in 2025 from investors including BTG Pactual Holding, an investment vehicle for partners at the bank. While Rubens Ometto , the founder of Cosan, retains control of the voting rights through a 50.01% stake via Aguassanta, BTG’s partners became the largest economic shareholders after the deal, with almost 25%. During the meetings with creditors, controlling shareholders have resisted a push from debtholders to commit to inject even more money into Raízen, people said last week. Raízen has been hammered by high interest rates, large investments that have yet to pay off and operational hurdles in its sugar and ethan...