Market News (Page 29) - TendieTensor

Market News Page 29 of 283 • 7,074 articles

Cerence xUI, Leveraging NVIDIA AI Enterprise and Running on Microsoft Azure, Drives Strong Traction with Automakers

GlobeNewswire Inc. • Na

Cerence xUI, Leveraging NVIDIA AI Enterprise and Running on Microsoft Azure, Drives Strong Traction with Automakers

01/05/2026 06:00 PM • Cerence Inc. announced strong customer adoption of its Cerence xUI platform, an AI-powered in-car assistant optimized with NVIDIA AI Enterprise and running on Microsoft Azure. Multiple premium global automakers have selected xUI to power next-generation in-car assistants beginning in 2026. The collaboration leverages NVIDIA's NIM microservices and NeMO framework to deliver improved performance and lower latency. Additionally, Geely Auto selected Cerence xUI for its next-generation LLM-powered in-car experience.

BE - Decreased 21.14% without specific reason detailed in article
NVDA - NVIDIA's AI Enterprise software and NIM microservices are being deployed in production vehicles by multiple automakers through Cerence partnership. Expanded collaboration demonstrates growing adoption of NVIDIA's enterprise AI solutions in automotive sector.

#conversational AI #in-car assistant #large language models #NVIDIA AI Enterprise #Microsoft Azure #automotive technology #generative AI #vehicle deployment 2026

HP at CES 2026 — HyperX and OMEN Unite to Power the Future of Play

GlobeNewswire Inc. • Hp Inc.

HP at CES 2026 — HyperX and OMEN Unite to Power the Future of Play

01/05/2026 06:00 PM • HP Inc. announced the unification of its OMEN and HyperX gaming brands under the HyperX master brand. The company unveiled the HyperX OMEN MAX 16 laptop featuring 300W Total Platform Power and advanced cooling, the HyperX OMEN OLED 34 gaming monitor with V-stripe QD-OLED technology, the HyperX Clutch Tachi Xbox-licensed arcade controller, and an in-development EEG headset co-engineered with Neurable. All products are expected to launch in Spring 2026.

IONQ.WS - Decreased 17.79% amid overall market weakness and tech/AI stock sell-off
HPQ - HP announced significant product innovations across its gaming portfolio, including the world's most powerful gaming laptop with fully internal cooling, next-generation OLED display technology, and pioneering neurotechnology integration. The strategic consolidation of OMEN and HyperX brands demonstrates commitment to delivering comprehensive gaming solutions, positioning the company competitively in the gaming market.

#gaming laptop #gaming monitor #OLED display #arcade controller #neurotechnology #gaming peripherals #brand consolidation #AI optimization

HP at CES 2026 — HP Drives the Next Chapter of Intelligent Work

GlobeNewswire Inc. • Hp Inc.

HP at CES 2026 — HP Drives the Next Chapter of Intelligent Work

01/05/2026 06:00 PM • HP Inc. unveiled the EliteBook X G2 Series at CES 2026, a new generation of premium business laptops designed for AI-driven workflows. The devices feature up to 85 TOPS NPU performance, all-day battery life, under 1kg weight, and offer processor choices from AMD, Intel, and Qualcomm. The lineup includes three models (G2q, G2i, G2a) with quantum-resistant security and improved serviceability, with availability starting in February 2026.

IONQ - Decreased 17.79% amid overall market weakness and tech/AI stock sell-off
HPQ - HP announced a significant product launch with advanced AI capabilities, multiple processor options from leading chipmakers, enterprise-grade security features, and improved design/serviceability. The EliteBook X G2 Series received a CES 2026 Innovation Award Honoree designation and addresses market demands for AI-integrated business devices, positioning HP competitively in the growing AI PC segment.

#AI performance #business laptops #NPU (Neural Processing Unit) #multi-processor options #battery life #quantum-resistant security #CES 2026 #Copilot+ PC #serviceability

캐딜락 에스컬레이드 IQ, ‘2026 모터트렌드 SUV 오브 더 이어’로 선정되며 Altia의 HMI 기술력 부각

GlobeNewswire Inc. • Na

캐딜락 에스컬레이드 IQ, ‘2026 모터트렌드 SUV 오브 더 이어’로 선정되며 Altia의 HMI 기술력 부각

01/05/2026 06:00 PM • Altia announced that its HMI software played a key role in Cadillac's all-electric Escalade IQ winning the 2026 MotorTrend SUV of the Year award. The vehicle features a 55-inch display powered by Altia's graphics technology, showcasing the collaboration between Altia and General Motors in advancing luxury electric vehicle user experiences.

CRWV - Decreased 29.75% after lowering FY2025 sales guidance and analyst price forecast reductions
GM - GM's Cadillac division achieved a prestigious industry award for the Escalade IQ, demonstrating successful execution of luxury electric vehicle design and innovation. This validates GM's strategy in the EV market and strengthens its brand positioning.

#HMI software #electric vehicle #digital cockpit #Cadillac Escalade IQ #MotorTrend SUV of the Year #user interface #automotive technology

キャデラック・エスカレードIQ、2026年モータートレンドSUVオブザイヤーに選出 — アルティアのHMI技術を搭載

GlobeNewswire Inc. • Jason Williamson

キャデラック・エスカレードIQ、2026年モータートレンドSUVオブザイヤーに選出 — アルティアのHMI技術を搭載

01/05/2026 06:00 PM • Altia announced that its HMI software is a key component in the Cadillac Escalade IQ, which won the 2026 MotorTrend SUV of the Year award. The all-electric vehicle features a 55-inch pillar-to-pillar display powered by Altia's graphics software, showcasing the successful partnership between Altia and General Motors in delivering luxury digital experiences.

GM - General Motors' Cadillac division achieved a prestigious industry award for the Escalade IQ, highlighting the company's success in luxury electric vehicle design and innovation. The partnership with Altia demonstrates GM's commitment to delivering cutting-edge digital experiences in its vehicles.

#HMI software #Cadillac Escalade IQ #MotorTrend SUV of the Year #electric vehicle #digital cockpit #General Motors partnership

Magna to Offer DRIVE Hyperion-Compatible ECUs and Tier-1 Integration Services for NVIDIA DRIVE AV

GlobeNewswire Inc. • Na

Magna to Offer DRIVE Hyperion-Compatible ECUs and Tier-1 Integration Services for NVIDIA DRIVE AV

01/05/2026 06:00 PM • Magna announced an expanded strategic collaboration with NVIDIA to support OEM deployments on the NVIDIA DRIVE Hyperion platform. Magna will provide system integration, validation, and vehicle launch services for NVIDIA's DRIVE AV stack across L2++, L3, and L4 autonomy levels, leveraging its global manufacturing footprint and engineering expertise to help automakers accelerate software-defined vehicle deployment.

MGA - Magna is expanding its strategic collaboration with NVIDIA, securing a significant role in autonomous vehicle development across multiple autonomy levels. The partnership positions Magna as a key enabler of software-defined vehicles with comprehensive integration and validation services, strengthening its market position in the growing autonomous driving sector.

#autonomous driving #software-defined vehicles #NVIDIA DRIVE Hyperion #system integration #ADAS #vehicle assembly #electrification

VAST Data Redesigns AI Inference Architecture for the Agentic Era with NVIDIA

GlobeNewswire Inc. • Vast Data

VAST Data Redesigns AI Inference Architecture for the Agentic Era with NVIDIA

01/05/2026 06:00 PM • VAST Data announced a new inference architecture built on NVIDIA BlueField-4 DPUs that optimizes KV cache storage and sharing for long-context, multi-turn AI inference. The platform eliminates legacy storage tiers and enables efficient context management across distributed GPU clusters, addressing the shift from compute-bound to memory-bound inference workloads in agentic AI systems.

NVDA - NVIDIA's BlueField-4 DPU technology is central to the announced solution, positioning the company as a key enabler of next-generation inference infrastructure. The partnership validates NVIDIA's hardware strategy for agentic AI workloads and expands use cases beyond traditional GPU compute.

#inference architecture #KV cache #NVIDIA BlueField-4 DPU #agentic AI #distributed storage #context memory #GPU efficiency #DASE architecture

Portnoy Law Firm Announces Class Action on Behalf of Exxon Mobil Corporation Investors

GlobeNewswire Inc. • Portnoy Law Firm

Portnoy Law Firm Announces Class Action on Behalf of Exxon Mobil Corporation Investors

01/05/2026 05:48 PM • The Portnoy Law Firm has announced a securities class action lawsuit against Exxon Mobil Corporation on behalf of investors who purchased securities between February 24, 2016, and October 28, 2016. The lawsuit alleges that defendants made material misrepresentations and omissions of material facts in public statements during the class period. Exxon denies all allegations and liability.

XOM - The company is the subject of a securities class action lawsuit alleging material misrepresentations and omissions during the specified class period, which indicates potential legal and financial liability for investors.

#class action lawsuit #securities fraud #material misrepresentation #investor claims #federal securities laws

Vulcan and Burgmaster Merge to Form Mastrex, Strengthening the Future of American Manufacturing

Benzinga • Globe Newswire

Vulcan and Burgmaster Merge to Form Mastrex, Strengthening the Future of American Manufacturing

01/05/2026 05:36 PM • Vulcan and Burgmaster have merged to form Mastrex, a U.S.-based manufacturer of precision production solutions. The new company combines expertise in advanced manufacturing innovation with precision machine tools, focusing on metal additive manufacturing systems, particularly the MX Series of laser powder bed fusion 3D printers. Operations, leadership, and customer relationships remain unchanged.

VULC - Merger represents strategic growth opportunity combining advanced manufacturing innovation capabilities with complementary precision machine tool expertise, positioning the combined entity for expanded market reach and capabilities.

#merger #manufacturing #metal additive manufacturing #3D printing #laser powder bed fusion #American manufacturing #precision equipment

Alumis to Host Conference Call and Webcast to Report Phase 3 ONWARD Topline Data for Envudeucitinib in Moderate-to-Severe Plaque Psoriasis

GlobeNewswire Inc. • Na

Alumis to Host Conference Call and Webcast to Report Phase 3 ONWARD Topline Data for Envudeucitinib in Moderate-to-Severe Plaque Psoriasis

01/05/2026 05:00 PM • Alumis Inc. announced it will report topline data from the Phase 3 ONWARD clinical program evaluating envudeucitinib for moderate-to-severe plaque psoriasis on January 6, 2026, at 8:00 a.m. ET. The company will host a conference call and webcast to discuss the results.

ALBpA - Gained 14.37% with multiple analysts raising price targets
ALMS - The company is announcing Phase 3 topline data results for a key pipeline asset (envudeucitinib), which represents significant clinical progress. The announcement of data readout is typically viewed positively as it demonstrates advancement toward potential commercialization, though the actual efficacy/safety results remain unknown until disclosed.

#Phase 3 clinical trial #envudeucitinib #plaque psoriasis #topline data #tyrosine kinase 2 inhibitor #immune-mediated diseases

Mitsubishi HC Capital America annonce la nomination de Timothy B. Page comme nouveau président et chef de la direction

GlobeNewswire Inc. • Na

Mitsubishi HC Capital America annonce la nomination de Timothy B. Page comme nouveau président et chef de la direction

01/05/2026 05:00 PM • Mitsubishi HC Capital America has appointed Timothy B. Page as its new President and CEO effective January 1, 2026. Page, a board member with prior experience as CEO and CFO at CAI International, will lead all operations from offices in Norwalk, CT and Itasca, IL. He succeeds Craig S. Weinewuth, who will remain through March 2026 to support the transition. The appointment comes as the company implements a new strategic plan to drive growth and serve its 64,000+ clients across North America.

ALB - Gained 14.37% with multiple analysts raising price targets
MIUFY - The appointment of an experienced executive with prior CEO experience, combined with the company's implementation of a new strategic plan and emphasis on growth opportunities in the strong US-Canada economic market, signals confidence in future direction and operational continuity.

#leadership transition #CEO appointment #equipment finance #North America #strategic plan #Mitsubishi HC Capital

Mitsubishi HC Capital America Announces Timothy B. Page as New President & Chief Executive Officer

GlobeNewswire Inc. • Na

Mitsubishi HC Capital America Announces Timothy B. Page as New President & Chief Executive Officer

01/05/2026 05:00 PM • Mitsubishi HC Capital America announced the appointment of Timothy B. Page as President & Chief Executive Officer effective January 1, 2026. Page, a former CEO and CFO at sister company CAI International, will lead the company's operations as it embarks on a new strategic plan. Outgoing CEO Craig S. Weinewuth will support the transition through March 2026.

MIUFY - The appointment of an experienced executive with relevant industry background, combined with the company's strong financial position ($7 billion in assets), 64,000+ customers, and upcoming strategic initiatives indicate positive momentum and confidence in future growth.

#leadership transition #equipment financing #North America #strategic plan #CEO appointment

3 Stocks Delivered +10% Buyback Yields in 2025—What’s Next in 2026?

Investing.com • Leo Miller

3 Stocks Delivered +10% Buyback Yields in 2025—What’s Next in 2026?

01/05/2026 04:52 PM • Three S&P 500 stocks—General Motors, Southwest Airlines, and Tapestry—delivered exceptional buyback yields exceeding 10% in 2025. GM achieved a 10.8% buyback yield with $8.2 billion in repurchases and 53% stock gains. Southwest Airlines posted a 12.6% buyback yield with $2.75 billion spent, gaining 75% after opportunistic April purchases. Tapestry delivered a 10% buyback yield with $2.8 billion in buybacks and impressive 96% annual gains. However, the article cautions that buyback success depends on business quality, balance-sheet discipline, and reinvestment in core operations.

TSEM - Gained 14.39% after unveiling new foundry technology and exceeding Q4 earnings estimates
GM - Strong 10.8% LTM buyback yield with $8.2 billion in repurchases. Stock rose 53% in 2025, with significant gains following October earnings beat and guidance raise. December price targets average $85.50, suggesting 6% upside potential.

#share buybacks #buyback yield #capital returns #stock repurchases #shareholder value #market capitalization

Tyson Foods Announces First Quarter Earnings Conference Call and Webcast

GlobeNewswire Inc. • Na

Tyson Foods Announces First Quarter Earnings Conference Call and Webcast

01/05/2026 04:51 PM • Tyson Foods announced it will release its first quarter 2026 financial results on Monday, February 2, 2026, with a management conference call and webcast beginning at 9:00 a.m. Eastern Time. The company will provide a press release and supplemental materials before market open, with webcast and audio replay options available for investors.

CART - Gained 5.80% with better-than-expected Q3 results and announced significant share repurchase program
TSN - The article is a routine announcement of upcoming earnings release and conference call details. It contains no information about financial performance, guidance, or business developments that would indicate positive or negative sentiment. It is purely procedural in nature.

#earnings announcement #Q1 2026 #conference call #investor relations #financial results

TELIX URGENT CLASS ACTION DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Telix Pharmaceuticals Limited Stockholders to Contact the Firm Regarding Their Rights Before January 9th

GlobeNewswire Inc. • Bragar Eagel & Squire, P.C.

TELIX URGENT CLASS ACTION DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Telix Pharmaceuticals Limited Stockholders to Contact the Firm Regarding Their Rights Before January 9th

01/05/2026 04:51 PM • A class action lawsuit has been filed against Telix Pharmaceuticals Limited in the U.S. District Court for the Southern District of Indiana. The lawsuit alleges that defendants made false and misleading statements regarding prostate cancer therapeutic candidates, overstated supply chain quality, and misrepresented business operations and prospects during the period of February 21, 2025 to August 28, 2025. Investors have until January 9, 2026 to apply to be appointed as lead plaintiff.

AU - Gained 9.08% after reporting Q3 earnings above estimates
TLX - The company is the subject of a class action lawsuit alleging material misstatements about therapeutic progress, supply chain quality, and business operations. These allegations suggest potential fraud and have resulted in investor losses, which is significantly negative for the company's reputation and stock value.

#class action lawsuit #securities fraud #misleading statements #prostate cancer therapeutics #supply chain #investor losses #lead plaintiff deadline

NVIDIA Announces Alpamayo Family of Open-Source AI Models and Tools to Accelerate Safe, Reasoning-Based Autonomous Vehicle Development

GlobeNewswire Inc. • Nvidia Corporation

NVIDIA Announces Alpamayo Family of Open-Source AI Models and Tools to Accelerate Safe, Reasoning-Based Autonomous Vehicle Development

01/05/2026 04:49 PM • NVIDIA unveiled the Alpamayo family of open-source AI models, simulation tools, and datasets designed to advance autonomous vehicle development. The offering includes Alpamayo 1, a chain-of-thought reasoning vision language action (VLA) model with 10 billion parameters, AlpaSim simulation framework, and Physical AI Open Datasets containing 1,700+ hours of driving data. Major mobility companies including Lucid, JLR, and Uber have expressed support for the technology to accelerate level 4 autonomous vehicle deployment.

PAAS - Gained 6.15% after reporting Q3 earnings ahead of estimates
NVDA - NVIDIA is positioning itself as a leader in autonomous vehicle AI development through a comprehensive open-source ecosystem. The release of Alpamayo demonstrates technological innovation and industry leadership, with support from major automotive partners, strengthening NVIDIA's market position in the growing autonomous vehicle sector.

#autonomous vehicles #AI models #vision language action #reasoning-based AI #open-source #simulation #level 4 autonomy #physical AI #long-tail scenarios

Associated Capital Reports Estimated Fourth Quarter and Full Year Results

GlobeNewswire Inc. • Na

Associated Capital Reports Estimated Fourth Quarter and Full Year Results

01/05/2026 04:49 PM • Associated Capital Group announced a preliminary fourth quarter book value range of $44.50 to $44.70 per share, representing growth from $44.23 per share at September 30, 2025 and $42.14 per share at December 31, 2024. The company, which provides alternative investment management and direct investment services, will release detailed financial results in February.

LLY - Gained 5.06% with multiple analysts raising price forecasts
ACGP - The company reported sequential growth in book value per share from Q3 2025 ($44.23) to the preliminary Q4 2025 range ($44.50-$44.70), and significant year-over-year growth from year-end 2024 ($42.14). Additionally, the merger arbitrage strategy showed strong returns (+13.8% before expenses for the first nine months), and the company recently announced a 100% dividend increase and expanded share repurchase authorization, indicating management confidence and shareholder-friendly capital allocation.

#book value #fourth quarter results #alternative investment management #direct investment #financial services #merger arbitrage

Rogers Communications 4Q25 Investment Community Teleconference January 29, 2026 at 8:00 a.m. ET

GlobeNewswire Inc. • Na

Rogers Communications 4Q25 Investment Community Teleconference January 29, 2026 at 8:00 a.m. ET

01/05/2026 04:45 PM • Rogers Communications announced it will release its fourth quarter 2025 financial results on January 29, 2026, before market open. Management will host a teleconference at 8:00 a.m. ET to discuss results and outlook, with live webcast and telephonic access available to investors.

RCI - The article is a routine earnings announcement notification with no forward-looking statements, performance metrics, or guidance provided. It is purely procedural information about when and how to access the upcoming financial results discussion.

#financial results #Q4 2025 #earnings announcement #investor conference #teleconference

Why a $8.3 Million Cut to a 12% Yield ETF Signals a Portfolio Reset

The Motley Fool • Jonathan Ponciano

Why a $8.3 Million Cut to a 12% Yield ETF Signals a Portfolio Reset

01/05/2026 04:30 PM • Foguth Wealth Management reduced its position in the Global X NASDAQ 100 Covered Call ETF (QYLD) by 475,844 shares ($8.28 million) in Q4, signaling a strategic portfolio shift away from high-yield income plays toward broader equity exposure. The move reflects concerns that covered-call ETFs, while offering attractive 12% yields, systematically cap upside potential and underperform the S&P 500 over longer periods.

MSFT - Mentioned as a target platform for game release, with no specific positive or negative implications
QYLD - The article highlights structural limitations of the fund's covered-call strategy, which caps upside potential and trails the S&P 500 by ~7.27 percentage points. The significant institutional sell-off signals reduced confidence in the fund as a core holding, with the article noting it's better suited as a tactical allocation rather than a long-term investment.

#covered call ETF #QYLD #portfolio rebalancing #income strategy #NASDAQ-100 #yield optimization #opportunity cost #institutional investor

Information relative au nombre total des droits de vote et d’actions composant le capital social au 31 décembre 2025

GlobeNewswire Inc. • Na

Information relative au nombre total des droits de vote et d’actions composant le capital social au 31 décembre 2025

01/05/2026 04:00 PM • DBV Technologies announced positive topline results from its Phase 3 VITESSE trial evaluating VIASKIN® Peanut Patch for treating peanut allergies in children aged 4-7 years. The trial met its primary endpoints, representing a significant milestone for the company's immunotherapy treatment program.

ACHR.WS - The article suggests potential 50% stock price growth by 2026, highlighting the company's progress in developing electric vertical takeoff and landing (eVTOL) aircraft, advancing from prototypes to production, and exploring initial operational routes
DBVT - The company announced positive topline results from a Phase 3 clinical trial, which is a significant regulatory and clinical milestone. Successful Phase 3 trial outcomes typically support potential regulatory approval and commercialization prospects, representing material positive news for the company's pipeline and future revenue potential.

#VIASKIN Peanut Patch #Phase 3 trial #VITESSE #peanut allergy #immunotherapy #children aged 4-7 #positive results

Mizuho Americas Announces $1 Million in Grants Through the Mizuho USA Foundation

GlobeNewswire Inc. • Na

Mizuho Americas Announces $1 Million in Grants Through the Mizuho USA Foundation

01/05/2026 04:00 PM • Mizuho USA Foundation announced $1 million in 2025 grants focused on strengthening communities and supporting young adults in technology skills training and employment opportunities. The foundation awarded a $450,000 three-year FutureReady Grant to Pursuit for an AI training initiative, $275,000 in Opportunity Grants to eleven nonprofits, and $250,250 in Community Involvement Grants to 24 organizations. Since its formation in 2003, the foundation has awarded nearly $16 million in grants.

PRSU - Pursuit received significant funding ($450,000 over three years) for its innovative AI Build Corps for Nonprofits program, validating its social impact model and demonstrating strong organizational credibility in technology training and job placement.

#charitable grants #technology skills training #nonprofit partnerships #youth employment #AI training #community development #job placement

Cytokinetics to Present at the 44th Annual J.P. Morgan Healthcare Conference

GlobeNewswire Inc. • Na

Cytokinetics to Present at the 44th Annual J.P. Morgan Healthcare Conference

01/05/2026 04:00 PM • Cytokinetics' CEO Robert I. Blum is scheduled to present at the 44th Annual J.P. Morgan Healthcare Conference on January 12, 2026. The company, a specialty cardiovascular biopharmaceutical firm, has FDA-approved MYQORZO (aficamten) for treating symptomatic obstructive hypertrophic cardiomyopathy and is advancing a pipeline of cardiac muscle dysfunction treatments.

PLTR - Extremely high price-to-sales ratio of 124, suggesting potential overvaluation and market hype beyond sustainable levels
CYTK - The company has achieved FDA approval for MYQORZO and received NMPA approval in China, triggering a $7.5 million milestone payment from Sanofi. The company is presenting at a major healthcare conference and has multiple drug candidates in development, indicating strong progress in its pipeline and market expansion.

#cardiac myosin inhibitor #hypertrophic cardiomyopathy #MYQORZO #aficamten #FDA approval #heart failure #J.P. Morgan Healthcare Conference

Information Regarding the Total Number of Voting Rights and Total Number of Shares of the Company as of December 31, 2025

GlobeNewswire Inc. • Na

Information Regarding the Total Number of Voting Rights and Total Number of Shares of the Company as of December 31, 2025

DBVT - The company announced positive topline results from a Phase 3 clinical trial, which is a significant regulatory and clinical achievement. Meeting primary endpoints in a late-stage trial typically supports potential regulatory approval and commercialization prospects for the therapeutic candidate.

#Phase 3 trial #VIASKIN Peanut Patch #peanut allergy #immunotherapy #positive results #children #VITESSE trial

Bgin Blockchain Limited Investigated by the Portnoy Law Firm

GlobeNewswire Inc. • Portnoy Law Firm

Bgin Blockchain Limited Investigated by the Portnoy Law Firm

01/05/2026 04:00 PM • The Portnoy Law Firm has initiated an investigation into possible securities fraud at Bgin Blockchain Limited following the company's IPO in October 2025. The investigation was prompted by significant financial deterioration disclosed in November 2025, including a $96 million revenue decline, a 582.8% increase in operating expenses, and a swing from $84.8 million gross profit to a $6.3 million gross loss. Additional red flags include the termination of the Chief Communications Officer in December and an auditor change. The stock has declined 59% from its $6.00 IPO price to $2.45.

BGIN - Significant financial deterioration with $96 million revenue decline, 582.8% operating expense increase, swing from $84.8M gross profit to $6.3M gross loss, executive departure, auditor change, and 59% stock price decline from IPO price indicate serious operational and financial problems, triggering securities fraud investigation.

#securities fraud #class action #IPO #financial decline #auditor change #stock decline

Michael Burry Bets On A Venezuelan Crude Rebound: From 'Short' To 'Sour'

Benzinga • Erica Kollmann

Michael Burry Bets On A Venezuelan Crude Rebound: From 'Short' To 'Sour'

01/05/2026 03:53 PM • Renowned investor Michael Burry is betting on a Venezuelan crude oil rebound following political changes in the country. He believes Gulf Coast refineries engineered for Venezuelan heavy crude will benefit from restored supply, improving operational efficiency and margins. Burry has held Valero Energy since 2020 and plans to hold longer, while also owning Halliburton and considering additional positions. He expects U.S. contractors and oil companies to benefit from infrastructure repairs and resolution of long-standing legal claims.

VLO - Burry's primary thesis centers on Valero as the main beneficiary of Venezuelan crude supply restoration. He has held the stock since 2020 and is more resolved to hold it longer, citing improved margins from processing heavy crude that Gulf Coast refineries were purpose-built to handle.

#Venezuelan crude oil #Gulf Coast refineries #heavy sour crude #geopolitical shift #refining margins #infrastructure repair #legal claims recovery