BP p.l.c.

BP Castrol K.K.

BP plans to use the money to reduce debt and pay dividends

The biggest sale of a business will bring BP $6 billion. Will it help the company's stock?

NVIDIA Corporation

Micron Technology, Inc.

BP will change its CEO, putting a woman - Meg O'Neill - at the helm of a major oil and gas company for the first time in history. Nvidia board member Harvey Jones sold shares in the company, which he had owned for almost 30 years. The report of memory chip maker Micron supported the market after the collapse of the technology sector. These and other topics - in our review of key events for the morning of December 18.

Highlights for the morning: BP changed CEO, insider sold Nvidia shares, Micron supported the market

Cisco Systems, Inc.

The US ended a record 43-day shutdown, which caused tangible damage to the country's economy and became a cause for political conflicts on the eve of the next budget round. BP is negotiating the sale of Castrol for $8 billion as part of a major restructuring and divestment plan. These and other topics - in our review of key events by the morning of November 13.

BP's profits beat expectations. Why are investors selling off the stock?

Palantir Technologies Inc.

Advanced Micro Devices, Inc.

Super Micro Computer, Inc.

The US government shutdown is now in its second month and is about to become the longest in history. However, Wall Street does not seem to care: all three major U.S. stock indices reached highs last week. Quotes were supported by the US Federal Reserve rate cut, the de-escalation of trade tensions after the meeting between President Donald Trump and his Chinese counterpart Xi Jinping, as well as the still high interest in stocks related to artificial intelligence, <a href="https://www.barrons.com/articles/palantir-amd-pfizer-robinhood-mcdonalds-stocks-dfd8631b?mod=RTA#:~:text=That%20is%20because,Jinping%20on%20Thursday.">writes</a> Barron's.

Palantir reports, AMD and rare employment data: what to expect for investors this week

Shell plc

TotalEnergies SE

Production growth and a focus on refining helped offset the fall in hydrocarbon prices

Shell beats profit expectations, Total hits forecast despite falling prices

Exxon Mobil Corporation

Wall Street has been pricing Exxon Mobil's stock price into a slight decline in July-September earnings from a record third quarter of 2024

Exxon Mobil forecasts $500 mln growth in quarterly refining profits

The company aims to increase production in the Gulf of Mexico to at least 400,000 barrels of oil equivalent per day by 2030

BP will invest $5 billion in an oil project in the US. It expects demand growth before the end of the decade

Weak oil prices signal the start of an era of lower yields across the sector

Oil giant Total has cut its buyback by 25%. What should investors expect?

Chevron Corporation

ExxonMobil appears to be the most resilient of the major Western oil and gas companies so far

Oil giants cut investment and staff at record pace since pandemic - FT

Apple Hospitality REIT, Inc.

Tesla, Inc.

Berkshire Hathaway Inc.

Amazon.com, Inc.

Microsoft Corporation

Alphabet Inc.

Meta Platforms, Inc.

The main driver of growth in the fund's assets were stocks 

Norwegian fund with $1.9 trillion posted its best quarter since 2023. Where did it invest?

The oil and gas giant is trying to convince restless shareholders that it intends to maximize their returns