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Tesla maintained its Bitcoin holdings at 11,509 BTC during the second quarter while recording a $112 million after-tax loss as the cryptocurrency declined roughly 14% during the period.
Global refiners including Phillips 66 and Reliance Industries are bypassing commodity traders to purchase Venezuelan crude directly from PDVSA, eroding the market dominance previously held by Trafigura and Vitol.
NovaGold surged 10.30 percent to close at $6.21 after acquiring a 40 percent stake in Alaska’s Donlin Gold project through a $4.2 billion all-share transaction with Paulson Advisers.
Santos narrowed its full-year production guidance to 99-105 million barrels of oil equivalent as its Barossa LNG and Alaska Pikka projects advanced through commissioning phases.
Knight-Swift reported strong second-quarter results and expects positive momentum to intensify in September, citing regulatory cleanup removing non-compliant carriers from the industry.
Dell Technologies stock climbed 9.32 percent to $441.80 as investors responded positively to strong demand for AI servers powered by Nvidia chips, with the company raising its fiscal 2027 AI server revenue expectations to $60 billion.
