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BP Sells Stake in Gas Pipeline to Apollo: Raising Capital for What?

BP p.l.c. (NYSE:BP) inked a deal under which Apollo Global Management, Inc. (NYSE:APO) managed funds will acquire a non-controlling stake in BP Pipelines TAP Limited for around $1 billion. The bp subsidiary, bp Pipelines TAP Limited, holds a 20% share in Trans Adriatic Pipeline AG (TAP). Trans Adriatic Pipeline AG runs a key 880-kilometer segment of the […]
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Similarweb And Other Big Stocks Shifting Lower

U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Friday. Shares of Adobe Inc.  (NASDAQ:ADBE) shares declined 10.3% to $75.02 in pre-market trading after the company reported quarterly results. Adobe reported better-than-expected earnings for its third quarter on Thursday. The company said it sees fourth-quarter revenue in a range […]
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Top 3 Industrials Stocks That May Rocket Higher In Q3

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better […]
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Palantir Stock Soars In Monday Premarket: What’s Driving The Surge?

Shares of artificial intelligence-powered data analytics company Palantir Technologies, Inc. (NYSE:PLTR) climbed sharply in premarket trading on Monday. The gains can be traced back to a late-Friday announcement from S&P Dow Jones Indices that Palantir would be added to the S&P 500 Index, ahead of the start of trading on Sept. 23. Despite widespread anticipation, […]
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‘Kamala Harris Is Pro Business:’ Mark Cuban Says Vice President’s ‘Centre 100%’ Policies Differ From Biden’s Proposals

Mark Cuban, the billionaire investor and owner of the Dallas Mavericks, expressed his support for Vice President Kamala Harris‘ economic policies. Cuban praised Harris for her pro-business approach and highlighted the differences between her policies and those of President Joe Biden. What Happened: Cuban refuted the idea that Harris would follow the same path as […]
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What’s Going On With NIO Shares Wednesday?

NIO Inc. (NYSE:NIO) shares are trading higher in the premarket session on Wednesday. According to Benzinga Pro, NIO stock has gained over 6% in the past month. Investors can gain exposure to the stock via KraneShares Electric Vehicles and Future Mobility Index ETF (NYSE:KARS) and Invesco Golden Dragon China ETF (NASDAQ:PGJ). Last month, the electric vehicle (EV) manufacturer […]

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    What’s Going On With NIO Shares Wednesday?

    September 4, 2024

    NIO Inc. (NYSE:NIO) shares are trading higher in the premarket session on Wednesday. According to Benzinga Pro, NIO stock has gained over 6% in the past month. Investors can gain exposure to the stock via KraneShares Electric Vehicles and Future Mobility Index ETF (NYSE:KARS) and Invesco Golden Dragon China ETF (NASDAQ:PGJ). Last month, the electric vehicle (EV) manufacturer […]
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