Hess Midstream LP (NYSE:HESM) on Thursday, cut its financial and operational outlook for the coming years, citing a slowdown in drilling activity by Chevron Corp (NYSE:CVX) in the Bakken beginning in the fourth quarter of 2025. While oil volumes are projected to level off, the company sees gas throughput growth supporting earnings and capital returns to investors through 2027. The partnership now anticipates that Chevron will reduce its rig count in the Bakken from four to three in the fourth quarter of 2 ...

Key Takeaways Lockheed is integrating advanced microchips to boost radar, satellite, and fighter jet systems.Intel, Honeywell, and GlobalFoundries collaborations enhance supply chain and defense tech.LMT shares rose 6.2% in the past month, outpacing the industry's 2.9% gain.Microelectronics are crucial to modern defense systems, providing the core technology for advanced radar, secure communications, missile guidance, and electronic warfare. Therefore, to maintain its leadership position in the global defe ...

Key Points Iovance Biotherapeutics' cancer therapy, Amtagvi, is experiencing decent sales growth. However, the biotech faces some challenges that will make it difficult to turn a profit. Though there could be some catalysts on the way, Iovance's prospects seem too risky. 10 stocks we like better than Iovance Biotherapeutics › Last year, Iovance Biotherapeutics (NASDAQ: IOVA), a small-cap biotech, made a major breakthrough. The company earned approval for Amtagvi, which became the first medicine o ...

Nvidia is evaluating a $500 million investment in Wayve, a developer of embodied artificial intelligence for autonomous vehicles.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.Wayve said in a Thursday (Sept. 18) p ...

Key Takeaways: MYX Finance price has surged dramatically, raising concerns about insider-driven growth. Bubblemaps researchers linked around 100 wallets to unusual funding and airdrop claims before launch. MYX Finance responded to the accusations, but many in the community found the explanation unconvincing. Despite rising trading volumes, MYX Finance revenue remains low — less than $0.5M monthly. Analysts suggest the rally looks more like speculation than organic demand in the current market. S ...

Financial giants have made a conspicuous bullish move on Intel. Our analysis of options history for Intel INTC revealed 23 unusual trades.Delving into the details, we found 52% of traders were bullish, while 34% showed bearish tendencies. Out of all the trades we spotted, 9 were puts, with a value of $1,020,806, and 14 were calls, valued at $1,215,885.Predicted Price RangeTaking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $22.0 ...

All right, two minutes before we get to the final opening bell of the week. Let's get in a mad dash. What do you do with the best restaurant company.Uh, Olive Garden. Fantastic margins. They do have a long, you know, you know, this long run.It's not doing so much steak. Yeah. But I would tell you this thing went down hard on a miss.3% yield. It is still the flagship. I think it can come back.It can come back, but you have to have some dimmunition in food prices because there's certainly no there's not a tra ...

Key Takeaways The Fed cut rates to 4.00-4.25% and signaled two more cuts in 2025, lifting growth forecasts.Banks like JPM, BAC, BK, FHN and CFG reached new highs after the Fed's easing shift.Lower rates are set to support NII, non-interest income and asset quality in the near term.On Wednesday, at the end of a two-day FOMC meeting, the Federal Reserve kicked off an easing cycle and cut interest rates by 25 basis points (bps) to 4.00-4.25%, marking the end of a nine-month pause. The weakening labor market fo ...

Jackson, Michigan-based CMS Energy Corporation (CMS) is a diversified energy company that primarily provides electric and natural gas utility services. Valued at a market cap of $21 billion, the company also operates non-utility businesses, which encompass independent power generation and renewable energy development efforts. Companies worth $10 billion or more are typically classified as “large-cap stocks,” and CMS fits the label perfectly, with its market cap exceeding this threshold, underscoring its s ...

In this articleWMTwatch nowWalmart's online marketplace has become a key part of its strategy to grow profit faster than sales and better compete against its longtime rival, Amazon.As the largest U.S. retailer with more than 4,600 locations nationwide, growing sales online is also critical for its future.But a CNBC investigation found Walmart's digital boom came as it made it easier for third-party sellers to join and sell on its marketplace, a strategy that has come with a cost.Some consumers have received ...