Dow Jones Top Company Headlines at 7 AM ET: Chevron Readies Plans to Invest $7 Billion in Venezuela | BP ...

Chevron Readies Plans to Invest $7 Billion in Venezuela

Chevron is taking steps to more than double its production in Venezuela, planning to invest more than $7 billion in the country over the next five years.

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BP Names Replacement for Chairman Ousted Over Bullying Concerns

Interim chairman Ian Tyler will take the role permanently, making him the company's third chair in less than a year.

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Ryanair Cuts Traffic Target to Reduce Exposure to Unhedged Winter Oil

The budget airline said it expects winter traffic to be flat on year and that its capacity cut will reduce winter losses.

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Elon Musk Wants to Make Power-Turbine Components. It Won't Be Easy.

Stocks of blade-and-vane manufacturers fell in response, but the threat to them is still remote.

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Volvo Car Sales Slip on China, U.S. Weakness

Global sales fell 7.4% on year in the quarter, with demand hit by continuing market challenges in the U.S. and China.

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Blackstone Backs Cybersecurity Startup Huskeys to Fight Unwanted AI Traffic

The company, valued at more than $100 million, uses agentic AI to block threats.

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Italian Gaming Group Lottomatica to Merge With Spain's Cirsa

Gaming groups Lottomatica and Cirsa Enterprises have agreed to an all-share merger deal that they say will create the second-largest listed gaming and sports betting operator in the world.

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Volkswagen Fights Chinese Competition-and Its Own Board-in Battle to Survive

Chief Executive Oliver Blume's plan to make the company smaller and less German has sparked union and political outcry.

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TPG Files Confidential IPO Application for Malaysia Hospital Assets Valued at Around $8 Billion

TPG is pursuing a dual-track strategy by planning to launch a sale process for the same Malaysia hospital assets as early as next month.

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New Google AI Model Said to Narrow Gap on Coding Ability

Internal tests of Gemini 3.8 Flash show progress in an area where the company has lagged behind Anthropic and OpenAI. A release is expected this week.

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OpenAI to Restrict Astra Model After Rating It 'Critical' Cyber Risk

Internal testing found the new model capable of executing complex cyberattacks with minimal human input, prompting added security layers.

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Broadcom Looks for a Reset with Third-Quarter Earnings

Though Wall Street analysts expect around 70% earnings growth this year and next, the stock is down 30% from its all-time high in June.

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Dell Technologies Boosts Fiscal Year Outlook by $25 Billion as Server Revenue Surges

The technology company said it now expects to bring in $192 billion in revenue in the current fiscal year.

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Can Evan Spiegel Sell the World on $2,195 Smart Glasses?

As the company struggles with profitability, Snap's CEO is doubling down on a hardware play that has made some investors wary.

(END) Dow Jones Newswires

September 02, 2026 07:15 ET (11:15 GMT)