Intel (NASDAQ:INTC) – The Pentagon has decided
not to proceed with a plan to allocate up to $2.5 billion in chip
subsidies to Intel, shifting the responsibility to another federal
agency, the Department of Commerce, to cover the shortfall. This
change could impact the total funding Intel expects to receive,
generating controversy over the use of the Chips Act funds. Intel
sought more than $10 billion in incentives and is now looking to
cut operational costs and streamline its organization to boost
investor returns.
Shell (NYSE:SHEL) – Shell plans to cut at least
20% of jobs in its trading team as part of a cost-cutting
restructuring. Employees were informed of a significant reduction,
with more details expected in April. This move follows job cuts in
other units, such as low-carbon solutions and chemicals. CEO Wael
Sawan is focused on improving performance and investor returns,
aiming to cut between $2 and $3 billion in operating costs.
Apple (NASDAQ:AAPL) – Apple has made
concessions in Europe, allowing developers to distribute apps
directly in response to the European Union’s Digital Markets Act.
Changes may impact App Store profit margins and revenue. The
company is facing increasing regulatory and competitive
pressure.
Alphabet (NASDAQ:GOOGL) – Google is limiting
its Gemini chatbot from responding to questions about this year’s
global elections, citing concerns about potential inaccuracies.
This move follows advancements in generative AI, raising fears of
misinformation. Other platforms, including Meta Platforms
(NASDAQ:META), have also taken steps to prevent AI misuse before
the elections.
STMicroelectronics (NYSE:STM) – The CEO of
STMicroelectronics emphasized the ongoing growth of the Chinese
market despite global tensions. The company sees opportunities in
the electric vehicle and renewable energy sectors. While
acknowledging risks, he considers expansion in China essential for
the company’s future growth.
Equinix (NASDAQ:EQIX) – Adaire Fox-Martin, an
executive at Google Cloud, will become CEO of Equinix at the end of
the next quarter, succeeding Charles Meyers. The company forecasts
optimistic adjusted earnings, driven by continued demand for its
data center services.
IBM (NYSE:IBM) – IBM informed employees in its
marketing and communications division about cuts on Tuesday,
following the trend of major technology companies. The announcement
was made during a brief meeting with the team, according to CNBC
reports.
BP plc (NYSE:BP) – BP and the United Arab
Emirates’ state-owned energy company, Adnoc, suspended a $2 billion
bid for Israel’s NewMed Energy due to regional instability in Gaza.
The move reflects uncertainty, but both reiterated interest in the
transaction.
Exxon Mobil (NYSE:XOM) – Exxon Mobil confirmed
that it honored all delivery contracts from its Port
Jerome-Gravenchon refinery in France after a fire. The team is
assessing damage to a distillation tower and does not have an
accurate estimate for resuming operations.
General Electric (NYSE:GE) – GE Aerospace
announced on Tuesday an investment plan of over $650 million in
factories and supply chain this year, aiming to increase production
to meet commercial and military demand. This includes $450 million
in US facilities and $100 million internationally, plus $100
million in American suppliers.
3M (NYSE:MMM) – 3M has chosen Bill Brown,
former L3Harris Technologies (NYSE:LHX), as CEO, aiming for
external leadership amid challenges. 3M is facing declining sales
and legal challenges. Brown, known for driving efficiency and
strategy, brings valuable experience to the company.
ArcelorMittal SA (NYSE:MT) – Vallourec SA
reached its highest level in nearly four years after ArcelorMittal
SA agreed to buy a $1.04 billion stake in the steelmaker from
Apollo Global Management (NYSE:APO). ArcelorMittal seeks to
strengthen its position in the tubular steel market.
Archer Daniels Midland (NYSE:ADM) – Archer
Daniels Midland revealed significant weaknesses in its internal
controls over financial reporting, allowing the reporting of
intersegment sales with unrepresentative market quantities. Despite
adjustments, the investigation into accounting practices continues,
while the company reported fourth-quarter results below
expectations, with adjusted earnings per share of $1.36 and revenue
of $23 billion.
Toyota Motor (NYSE:TM) – Toyota Motor has
become the most sold large-cap stock by hedge funds in the
Asia-Pacific region, surpassing Takeda Pharmaceutical, according to
a report by Hazeltree. Additionally, Toyota agreed to grant the
largest wage increase in 25 years to factory workers, raising
expectations of a policy shift.
Tesla (NASDAQ:TSLA) – Production has resumed at
Tesla’s European gigafactory in Gruenheide, Germany, after a
week-long power cut due to arson. CEO Elon Musk will visit the
site. Expected losses amount to hundreds of millions of euros.
General Motors (NYSE:GM) – Mike Abbott,
Executive Vice President of Software and Services at General
Motors, will step down for health reasons as the company faces
software quality issues. Baris Cetinok will temporarily take over
his position. GM also announced on Tuesday that it built about
20,000 electric vehicles this year that did not qualify for EV tax
credits due to supply chain changes. After adjustments, many
models, such as the Blazer EV and the Cadillac Lyriq, regained
eligibility.
Li Auto (NASDAQ:LI) – Li Auto, an electric
vehicle manufacturer, announced a sales increase in China last
week, outperforming competitor Seres. This move goes against
pessimism regarding rivals such as Tesla and BYD as competition in
the sector intensifies.
Boeing (NYSE:BA) – John Barnett, a former
Boeing employee who raised concerns about production issues at the
company, was found dead in an apparent suicide. He was in the
middle of testifying in a whistleblower retaliation case against
Boeing when the tragedy occurred. Barnett worked at Boeing for 32
years before leaving in 2017. He was involved in exposing serious
safety issues related to the Boeing 787 Dreamliner and claimed to
have been retaliated against and subjected to a hostile work
environment as a result. His death was caused by a self-inflicted
gunshot wound, confirmed by the Charleston County Coroner’s Office
in South Carolina. Boeing expressed sorrow over Barnett’s death.
The incident comes amid a broader crisis faced by Boeing regarding
its safety and quality standards, with production restricted by US
regulators, resulting in industry-wide delivery delays. Boeing
delivered 27 planes in February, one less than in the same period
last year, due to production restrictions. So far, 54 planes have
been delivered this year, including 42 MAX. The company recorded 15
new orders in February.
Alaska Air Group (NYSE:ALK) – Alaska Air
expects smaller losses than anticipated, despite the grounding of
Boeing 737 Max 9 planes following an incident in January. The
company projects an adjusted loss of 45 to 55 cents per share in
the first quarter, beating expectations of a $1.18 loss.
Delta Air Lines (NYSE:DAL) – Delta is preparing
for a prolonged battle over the US government’s planned suspension
of its cross-border partnership with Grupo Aeromexico SAB,
challenging the decision that would affect consumers and Mexico’s
economic growth.
Goldman Sachs (NYSE:GS) – Goldman Sachs Asset
Management plans to expand its private credit portfolio to $300
billion in five years, up from the current $130 billion, in
response to growing competition among major investment banks.
JPMorgan Chase (NYSE:JPM) – The head of equity
capital markets at JPMorgan Chase in India, Abhinav Bharti, is
leaving the US bank, to be replaced by Arvind Vashistha, former
managing director at Citigroup Inc. (NYSE:C) in India, according to
Bloomberg. Bharti, who joined the company as an associate from
Kotak Mahindra Bank Ltd., leaves after more than 13 years at
JPMorgan.
UBS Group AG (NYSE:UBS) – UBS began layoffs
this week in its private banking division in Asia due to falling
profits, cutting about 70 jobs, including relationship managers in
Hong Kong and Singapore, by the end of March.
Berkshire Hathaway (NYSE:BRK.B) – Berkshire
Hathaway continued to acquire shares of Liberty Sirius XM Holdings,
capitalizing on its discount relative to the value of a future
exchange offer. By purchasing 9.6 million shares in recent days, it
now holds approximately 26% of Liberty Sirius XM, with a stake
valued at $2.6 billion.
Coinbase (NASDAQ:COIN) – Coinbase Global Inc.’s
shares recently saw a strong increase, and now the company is
turning to Wall Street to raise money, announcing a $1 billion
convertible debt offering with notes due in 2030.
Allbirds (NASDAQ:BIRD) – Allbirds reported a
larger loss in the fourth quarter compared to the previous year,
due to a 15% decline in revenue, totaling $72 million.
Additionally, it provided sales projections below expectations for
the first quarter and fiscal year, accompanied by the announcement
that CEO Joey Zwillinger will resign. As a result, the company’s
shares fell 14% in Wednesday’s pre-market trading.
BP (NYSE:BP)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
BP (NYSE:BP)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024
