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Petrobras to Assess Oil Volatility Before Domestic Fuel Price Moves
Petrobras will observe oil price trends before deciding on potential adjustments to Brazilian fuel prices, CEO Magda Chambriard stated, following a 4.7% surge in Brent crude to $81.40 a barrel driven by Middle East conflict.
Venture Global Stock Soars on Court Win, LNG Supply Deals
Venture Global shares jumped over 8% after a court rejected Shell's challenge to an LNG arbitration ruling. The company also reported a 191% surge in adjusted core profit and signed a new supply agreement.
Nu Holdings Secures Inter Miami Stadium Naming Rights Amid U.S. Banking Expansion
Nu Holdings has entered a multiyear partnership with Inter Miami CF, securing naming rights for the club's new stadium set to open in 2026. The move comes as the company advances its U.S. banking ambitions.
Tesla's EU Emissions Pool Loses Key Carmakers for 2026
Stellantis, Toyota, and Subaru have not joined Tesla's 2026 EU carbon-credit pool, filings show, a shift from 2025. Tesla's regulatory credit revenue declined 28% to $1.99 billion last year.
Intel Board Chair Exits as CEO Tan Drives Foundry Turnaround
Intel's board chair Frank Yeary will retire after the May 13 annual meeting, with director Craig Barratt taking over. The leadership change comes as CEO Lip-Bu Tan executes a manufacturing-focused turnaround.
Blue Owl Shares Slide Amid Private Credit Liquidity Fears, Insider Filings
Blue Owl Capital shares declined sharply, dropping below their $10 listing price, driven by ongoing liquidity worries in private credit and new regulatory filings indicating insider activity. The stock was indicated down approximately 3.8%.
Palantir Gains on Analyst Target Boost Amid Defense AI Shifts and Legal Scrutiny
Palantir shares advanced in premarket trading following a price target increase to $200 by Rosenblatt Securities. The move comes as U.S. defense agencies restrict rival AI tools and a new lawsuit alleges fraud.
Ondas Invests $10M in World View for High-Altitude ISR Partnership
Ondas Holdings has made a $10 million strategic investment in World View Enterprises, forming a partnership to create multi-domain ISR solutions. The collaboration aims to merge World View's stratospheric balloons with Ondas' drone and counter-drone technology.
EU's 'Made in EU' Rules Threaten Ford's Supply Chain
The European Commission has proposed strict 'Made in EU' rules linking subsidies to local content, potentially excluding Ford's key suppliers in Britain and Turkey. The plan faces significant opposition and requires approval.
Plug Power Soars on Q4 Profit, New CEO Outlines Liquidity Plan
Plug Power shares jumped 23% following a stronger-than-expected Q4, which delivered a $5.5 million gross profit. The company also detailed plans to bolster liquidity through asset sales.
FDA Issues Second Ozempic Ad Warning to Novo Nordisk in Escalating Scrutiny
The FDA has sent Novo Nordisk a second advertising violation notice in under a month, citing misleading claims for Ozempic. The agency simultaneously warned 30 telehealth companies about compounded GLP-1 drug promotions.
Workday Shares Rebound on CEO Equity Grant After February Slump
Workday shares climbed approximately 7% in early trading Wednesday, recovering some losses after a recent decline. The move followed regulatory disclosures of new performance stock unit awards for top executives, including CEO Aneel Bhusri.