Politics

CVX eyes $7B Texas gas plant for MSFT AI, boosting cash flow & growth outlook.

ASTS down 30% but revenue to hit $180M+ this year. Analysts see 2026 highs.

Blue Owl limits redemptions as investor withdrawal requests surge 40%+. Shares drop 6.5%.

Oil prices jump as Trump signals prolonged Iran conflict. Markets brace for volatility, no Hormuz plan.

Banks gain 3.7% as margins rise, but watch rate risks. INDB lags on growth, WFC sees net interest income fall.

US trade deficit widens 4.9% to $57.3B as imports rebound. Exports hit record high, but may still drag GDP.

Blue Owl's $36B private credit fund faces 22% exit requests; redemptions capped at 5%. Risk alert!