April 8, 2026 9:35 am
Key Moments Stellantis is in advanced talks with Leapmotor to co-develop an Opel electric SUV. Production will take place at Zaragoza, Spain. The Opel SUV will share its platform with Leapmotor’s B10 compact SUV. Stellantis targets 50,000 units per year, starting in 2028. Stellantis is exploring other joint projects with Leapmotor. These include the next […]
Read moreApril 8, 2026 8:14 am
Key Moments Shell expects first-quarter 2026 working capital to fall between $10B and $15B due to extreme commodity price swings. Refining margins in the Chemicals and Products division rose to $17 per barrel from $14 in Q4 2025. Integrated Gas output is expected at 880,000–920,000 boe/d, reflecting the Middle East conflict impact on Qatari volumes. […]
Read moreApril 7, 2026 2:06 pm
Key Moments Intel said it would participate in Elon Musk’s Terafab AI chip complex alongside SpaceX, Tesla, and xAI. The Terafab initiative includes plans for two advanced chip plants at a large Austin, Texas facility, with one focused on vehicles and humanoid robots and the other on AI data centers in space. Intel’s shares were […]
Read moreApril 7, 2026 1:55 pm
Key Moments Delta Air Lines (NYSE:DAL) will raise checked baggage fees on domestic and select short-haul international routes. The move comes as airlines contend with higher jet fuel costs tied to tensions in the Middle East and disruptions in the Strait of Hormuz. Fees for first and second checked bags on new bookings will each […]
Read moreApril 7, 2026 8:46 am
Key Moments Pershing Square submitted a non-binding bid valuing Universal Music Group at €30.40 per share, a 78% premium to the current stock price. The proposal combines €5.05 per share in cash, totaling €9.4 billion, with 0.77 shares in a newly listed entity for each existing UMG share. The transaction structure aims to create a […]
Read moreApril 6, 2026 1:51 pm
Key Moments Senior leaders at CoreWeave, Inc. executed insider stock sales totaling more than $146 million through Rule 10b5-1 trading plans. Astera Labs, Inc. Director Manuel Alba realized approximately $19.7 million from share sales as the stock has remained highly volatile. Apple Inc. CEO Timothy D. Cook and Micron Technology Inc. EVP April Arnzen disclosed […]
Read moreApril 6, 2026 12:48 pm
Key Moments Oracle Corporation (NYSE:ORCL) shares traded in choppy fashion on Monday after the company appointed Hilary Maxson as Chief Financial Officer, effective April 6, 2026. The appointment follows a quarter in which Oracle reported more than 20% growth in both organic total revenue and non-GAAP earnings per share, its strongest performance in over 15 […]
Read moreApril 6, 2026 12:20 pm
Key Moments Paramount Skydance (NASDAQ:PSKY) has obtained about $24 billion in equity commitments from three Gulf sovereign wealth funds, according to a Wall Street Journal report. Saudi Arabia’s Public Investment Fund is reportedly contributing around $10 billion, with additional capital from Qatar Investment Authority and Abu Dhabi-based L’imad Holding Co. The equity will back an […]
Read moreApril 6, 2026 9:41 am
Key Moments Tesla registrations in South Korea jumped 330% year-on-year in March to 11,134 vehicles, according to Carisyou. The gain reflects a sharp acceleration in demand compared to the same month a year earlier. Recent price reductions on China-made Model Y and Model 3 vehicles have intensified EV price competition in the Korean market. South […]
Read moreApril 6, 2026 9:34 am
Key Moments Goldman Sachs upgraded Netflix to Buy from Neutral and lifted its 12-month price target to $120 from $100. The bank expects Netflix’s advertising revenue to rise from about $1.5 billion in 2025 to nearly $9.5 billion by 2030. Goldman projects Netflix could repurchase approximately 20-25% of its current market cap over the next […]
Read more