Dow Jones Top Company Headlines at 1 PM ET: Big Oil Is Reaping Rewards From the Chaos in Energy Markets | BP ...

A 1 PM ET Dow Jones “Top Company Headlines” roundup highlighted earnings and deal-related developments across energy, autos, consumer, healthcare and markets. It opened with energy, noting that ExxonMobil’s earnings doubled and Chevron posted their highest quarterly earnings on record as energy prices soared during a prolonged closure of the Strait of Hormuz. In company news, BP said it would put its U.K. North Sea business up for sale, aiming to end oil production in the country after 60 years. Other items included Moderna narrowing its norovirus vaccine trial outcome against statistical criteria, and New York suing Kalshi after talks to curb its prediction market broke down. The brief also covered AutoNation revenue pressure, Tesla considering a China business sale amid geopolitical concerns, and multiple outlook updates and stock moves across sectors.