Exxon Mobil

US

Venezuela's Oil Heartland Weighs U.S.-Backed Reforms: A Gamble on Revival or Empty Promise?

In the oil-rich state of Zulia, PDVSA workers and pensioners view sweeping industry reforms, enacted after U.S. political intervention, with a volatile mix of fragile hope and deep-seated skepticism. While some anticipate long-awaited economic relief, others dismiss the changes as political theater unlikely to reverse decades of decline.

Feb 2, 2026

Business

Piper Sandler Lifts Diamondback Energy Target to $218, Citing Permian Basin Strength Amid Volatile Oil Pricing

Analysts at Piper Sandler have increased their price target for Permian Basin-focused producer Diamondback Energy (FANG) to $218, maintaining an Overweight rating. The move comes as the firm anticipates solid Q4 results for gas-focused companies, while oil producers navigate a tougher pricing environment.

Feb 2, 2026

Business

Coterra and Devon in Advanced Merger Talks, Potentially Reshaping U.S. Shale Landscape

Sources indicate Coterra Energy and Devon Energy are in advanced discussions for a merger that would create a shale giant, raising immediate questions for investors about valuation, future dividends, and the strategic logic behind combining two major players with overlapping portfolios.

Jan 30, 2026

Business

Venezuela Opens Oil Sector to U.S. Investment After Sanctions Ease and Legal Overhaul

A dual shift in U.S. sanctions and Venezuelan oil law is unlocking the country's vast reserves for American companies, marking a potential turning point after decades of nationalization and economic isolation.

Jan 30, 2026

Business

Texas Energy Jobs Bounce Back in December, Fueling State's Record Employment Surge

After a November dip, Texas's upstream oil and gas sector added 2,000 jobs in December, contributing to the state's record-breaking employment figures and underscoring the industry's pivotal role in the Texan economy and tax base.

Jan 30, 2026

Business

Markets React as Trump Taps Former Governor Kevin Warsh for Fed Chair

President Trump's nomination of Kevin Warsh, a known monetary policy hawk, to lead the Federal Reserve sent initial shockwaves through equities and bonds on Friday, raising questions about the future path of interest rates.

Jan 30, 2026

Business

Tesla's Driverless Taxis Hit Austin Streets as Berkshire's New CEO Charts a Course and Markets Eye 24/7 Trading

A pivotal week in business saw Tesla's long-awaited robotaxis begin operations without safety drivers, signaling a new phase in autonomous mobility. Meanwhile, Greg Abel's early moves at Berkshire Hathaway hint at a potential strategic shift, and a push for tokenized, round-the-clock stock trading raises questions about the future of finance.

Jan 30, 2026

Business

Markets Dip on Trump's Surprise Fed Pick: Kevin Warsh Tapped to Replace Powell

U.S. stock futures turned lower Friday morning following President Trump's announcement nominating former Fed Governor Kevin Warsh to chair the Federal Reserve, replacing Jerome Powell. The move injects fresh uncertainty into monetary policy outlook.

Jan 30, 2026

World

TotalEnergies to Resume $20 Billion Mozambique LNG Project as Security Improves

After a three-year suspension due to insurgent violence, TotalEnergies and Mozambique have agreed to restart one of Africa's largest natural gas developments, raising hopes for economic transformation amid lingering risks.

Jan 30, 2026

Business

Beyond the Chipmakers: The Power Giant Quietly Energizing America's AI Boom

As data center demand surges, NextEra Energy emerges as a critical, and often overlooked, infrastructure player. Its partnerships with tech titans like Meta and Google highlight a strategic pivot in the energy sector.

Jan 30, 2026

World

Lake Maracaibo's Rusting Legacy: Can a U.S.-Led Oil Revival Rescue Venezuela's Heartland?

Once the engine of Venezuela's wealth, the communities around Lake Maracaibo now stand as decaying monuments to the nation's oil collapse. As a controversial U.S. plan promises a $100 billion investment, residents of the ghostly 'oil camps' are caught between desperate hope and deep-seated skepticism.

Jan 30, 2026

Business

Waymo Secures $16 Billion, Valuation Soars to $126 Billion in Major Autonomous Driving Bet

Alphabet's self-driving subsidiary Waymo has closed a massive $16 billion funding round, catapulting its valuation to $126 billion and signaling robust investor confidence in the future of autonomous vehicles.

Feb 2, 2026

Business

Uber, Nvidia, and Mercedes Forge Robotaxi Alliance, Spotlighting Uber's Data as a Strategic Asset

Uber's vast trove of real-world driving data has become the cornerstone of a new autonomous vehicle partnership with Nvidia and Mercedes-Benz, potentially reshaping its investment narrative.

Feb 2, 2026

Business

P&G Deploys Disaster Relief in Mississippi, Aligns with Targeted Super Bowl Marketing Push

Procter & Gamble is providing essential services to Mississippi communities recovering from a severe winter storm while concurrently launching a regionally focused Super Bowl advertising campaign for its Zevo and Spruce brands, blending corporate social responsibility with strategic marketing.

Feb 2, 2026

World

IRS 'Where's My Refund' Tool Now Live for 2025 Filings, Offering Real-Time Tracking for 2026 Refunds

The Internal Revenue Service's free online tracker is now active for taxpayers who have filed their 2025 returns, providing daily updates on refund status and estimated deposit dates for 2026.

Feb 2, 2026

Business

Qualcomm Faces Headwinds: Analysts Slash Price Targets Ahead of Critical Earnings Report

As Qualcomm prepares to report Q1 2026 earnings, a wave of analyst downgrades and lowered price targets reflects growing concerns over smartphone market softness and competitive pressures, overshadowing progress in automotive and robotics.

Feb 2, 2026

Business

Polaris Bets on High-Tech Off-Roading While Maintaining Its Dividend Streak

Powersports giant Polaris unveils an industry-first active suspension system in its flagship RZR, alongside approving its 31st consecutive annual dividend increase, signaling a dual focus on innovation and shareholder returns amid portfolio restructuring.

Feb 2, 2026

Business

Uber's Earnings in Focus: Robotaxi Ambitions Collide with Regulatory Headwinds

As Uber Technologies prepares to report earnings, investors are weighing the long-term promise of its autonomous vehicle initiatives against immediate regulatory cost pressures in key markets like New York and France.

Feb 2, 2026

US

New York City's Bitter Cold Snap Claims 16 Lives, Mayor Announces

Mayor Zohran Mamdani confirms the rising human toll from the prolonged freeze, with hypothermia suspected in most cases as the city battles historically low temperatures.

Feb 2, 2026

Business

Opera Stock Surges as MiniPay Wallet Embraces Tether's USDT, Signaling Deeper Crypto Push

Opera's shares soared nearly 18% after the browser company integrated Tether's dominant USDT stablecoin into its MiniPay wallet, highlighting investor optimism around its Web3 strategy despite unanswered questions on long-term monetization.

Feb 2, 2026