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TotalEnergies SE

TotalEnergies SE

$TTE
EuronextEnergy

112 stories mentioning TotalEnergies SEUpdated 2h ago

Shares fell amid a broad energy-sector selloff Monday as oil prices dropped on US-Iran ceasefire progress.

Wire

Sector Update: Energy

Energy stocks declined late Friday afternoon with the NYSE Energy Sector Index shedding 0.7% and the State Street Energy Select Sector SPDR ETF (XLE) decreasing 0.4%.The Philadelphia Oil Service Sector Index rose 1.8%, and the Dow Jones US Utilities Index was little changed.West Texas Intermediate crude oil fell 1.1% to $94.79 a barrel, and global benchmark Brent rose 0.8% to $105.87 a barrel. Henry Hub natural gas futures shed 3.8% to $2.52 per 1 million BTU.In corporate news, TotalEnergies (TTE) secured financing for its Mirny onshore wind and battery energy storage system project in southeast Kazakhstan. The stock fell 0.7%.

$TTE
Commodities

TotalEnergies Approves $1.2 Billion Kazakhstan Wind, Storage Project

TotalEnergies (TTE) approved a $1.2 billion wind and battery project in Kazakhstan expected to generate 100 terawatt-hours over 25 years, it said Friday.The Mirny project will supply renewable electricity to about 1 million people, with output sold under a 25-year power purchase agreement signed with Kazakhstan's government in 2023, TotalEnergies said.The development includes a 1 gigawatt onshore wind farm with 150 turbines and a 600 megawatt-hour battery energy storage system to support reliable power delivery, the company said.The storage system, supplied by TotalEnergies affiliate Saft, will strengthen grid stability and support Kazakhstan's expanding renewable energy capacity, according to the company.TotalEnergies holds a 60% stake in the project, while Samruk Energy and KazMunayGas each own 20%, it said.The company secured financing through a Common Terms Agreement signed with an international group of lenders supporting the project's funding structure, it said.The lending consortium includes European Bank for Reconstruction and Development, Proparco, Development Bank of Kazakhstan, DEG, Societe Generale, QNB Group, China Construction Bank and Standard Chartered.Olivier Jouny, senior vice president renewables at TotalEnergies, said the project will support Kazakhstan's plan to raise renewable energy to 15% of electricity generation by 2030, the company added.He added the 1 GW wind project will also contribute to a broader 9 GW renewables portfolio developed with Masdar through a 50/50 joint venture spanning nine Asian countries, including Kazakhstan, according to the company.Price: $89.51, Change: $-0.96, Percent Change: -1.06%

$TTE
Sectors

Sector Update: Energy Stocks Lean Lower Premarket Friday

Energy stocks were leaning lower premarket Friday, with the State Street Energy Select Sector SPDR ETF (XLE) declining by 0.8%.The United States Oil Fund (USO) was down 1.4% and The United States Natural Gas Fund (UNG) was 1.5% lower.Front-month US West Texas Intermediate crude oil was 0.4% lower at $95.45 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 0.2% to reach $105.28 per barrel, and natural gas futures were up 1% at $2.67 per 1 million British Thermal Units.SLB (SLB) shares were down more than 1% after the company reported lower Q1 adjusted earnings.Eni (E) stock was 0.2% lower after the company posted a decline in Q1 net profit.TotalEnergies (TTE) has secured financing for its Mirny onshore wind and battery energy storage system project in southeast Kazakhstan, the company said. TotalEnergies shares were marginally lower premarket.

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Equities

TotalEnergies Secures Financing for Onshore Wind, Battery Energy Storage System Project in Kazakhstan

TotalEnergies (TTE) has secured financing for its Mirny onshore wind and battery energy storage system project in southeast Kazakhstan, the company said Friday.The company signed a common terms agreement with an international lending consortium, securing a financing framework for the project, which consists of a 1 gigawatt onshore wind farm and a 600 megawatt-hour battery energy storage system.TotalEnergies owns 60% of the project, while its partners Samruk Energy and KazMunayGas hold 20% each.The project is expected to generate 100 terawatt-hour of renewable electricity over 25 years, to be sold to the Kazakhstan government under a 25-year power purchase agreement signed in 2023. The project is anticipated to reach full capacity in 2029.The investment in the project currently amounts to $1.2 billion, with about 75% externally financed, according to TotalEnergies.

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Commodities

TotalEnergies Q1 Estimates Raised on Strong LNG Volumes, Trading Gains, RBC Says

TotalEnergies (TTE) is expected to deliver stronger Q1 2026 results following its trading update and higher commodity price assumptions, RBC Capital Markets said in a Wednesday note.RBC said upstream production remained stable over the quarter, with total output estimated at about 2,547 thousand barrels of oil equivalent per day, broadly in line with the 2,545 kboe/d consensus.Liquids production is expected at about 1,460 kboe/d, below the 1,524 kboe/d consensus, while gas volumes are seen at about 5,910 million cubic feet per day, above the 5,520 mmcfd consensus.Stronger LNG volumes, up about 10% over the quarter, are expected to support earnings growth despite relatively flat LNG prices.RBC noted higher realizations in March and stable production trends should drive sequential upstream earnings growth.Trading performance is also expected to improve, with RBC estimating about a $500 million benefit from stronger oil trading and higher export margins into Europe.RBC raised its Q1 adjusted net income estimate to about $5.45 billion, and increased cash flow from operating activities to about $8.84 billion, above the $8.29 billion consensus.Upstream earnings are now estimated at about $2.64 billion, slightly above the $2.58 billion consensus, while integrated LNG is seen at about $1.28 billion, above the $1.21 billion consensus.Refining and chemicals earnings are expected at about $1.56 billion, well above the $1.18 billion consensus, while integrated power is estimated at about $520 million, slightly below the $543 million consensus.Marketing and services earnings are projected at about $242 million, below the $300 million consensus, reflecting weaker segment contributions.For 2026, RBC forecasts group EBITDA of about $47.35 billion, rising from $34.27 billion in 2025.RBC maintained its Outperform rating and 85 euro ($99.55) price target, citing portfolio strength, improving cash flow visibility and continued growth across upstream and LNG operations.Price: $89.29, Change: $+0.92, Percent Change: +1.04%

$TTE
Sectors

Sector Update: Energy Stocks Fall Late Afternoon

Energy stocks were sharply lower late Friday afternoon, with the NYSE Energy Sector Index dropping 3.7% and the State Street Energy Select Sector SPDR ETF (XLE) falling 2.8%.The Philadelphia Oil Service Sector Index declined 1.1%, and the Dow Jones US Utilities Index decreased 0.5%.In sector news, oil prices plunged Friday as Iran's foreign minister said the Strait of Hormuz is "completely open" following a ceasefire in Lebanon. "In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire," Iran's Foreign Minister Seyed Abbas Araghchi said Friday in a post on the X platform.Front-month West Texas Intermediate crude oil slumped 11% to $84.23 a barrel, and the global benchmark Brent crude contract dropped 9.2% to $90.28 a barrel. Henry Hub natural gas futures rose 1.2% to $2.68 per 1 million BTU.In corporate news, Chevron (CVX), Exxon Mobil (XOM) and other major oil companies received backing from the US Supreme Court on Friday as the court ruled that lawsuits filed by Louisiana officials accusing them of harming the state's coastal areas should be transferred out of the state courts and into federal court, according to a court document. Chevron shares were down 2.1%, and Exxon shed 3.6%.An Astana court upheld a 2.356 trillion tenge ($5 billion) environmental fine against North Caspian Operating Co., the operator of Kazakhstan's Kashagan oil field, whose shareholders include Exxon Mobil, Shell (SHEL), TotalEnergies (TTE), and Eni (E), among others, Bloomberg reported. Shell shares dropped 4%, TotalEnergies shed 4.1%, and Eni fell 5.6%.Petrobras (PBR) said Friday it signed an agreement with Oranto Petroleum to buy a 75% working interest and assume operatorship of Block 3, an offshore exploration site in Sao Tome and Principe. Petrobras shares were down 4.9%.Exelon (EXC) shares fell 1.2% after multiple brokerages downgraded the energy provider.

$CVX$E$EXC$PBR$SHEL$TTE$XOM
Sectors

Sector Update: Energy Stocks Fall Friday Afternoon

Energy stocks were sharply lower Friday afternoon, with the NYSE Energy Sector Index dropping 4.4% and the State Street Energy Select Sector SPDR ETF (XLE) falling 3.4%.The Philadelphia Oil Service Sector Index shed 0.6%, and the Dow Jones US Utilities Index was down 0.7%.In sector news, oil prices plunged Friday as Iran's foreign minister said the Strait of Hormuz is "completely open" following a ceasefire in Lebanon. "In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire," Iran's Foreign Minister Seyed Abbas Araghchi said Friday in a post on the X platform.Front-month West Texas Intermediate crude oil slumped 12% to $83.24 a barrel, and the global benchmark Brent crude contract dropped 10% to $89.24 a barrel. Henry Hub natural gas futures rose 1.8% to $2.69 per 1 million BTU.In corporate news, an Astana court upheld a 2.356 trillion tenge ($5 billion) environmental fine against North Caspian Operating Co., the operator of Kazakhstan's Kashagan oil field, whose shareholders include Exxon Mobil (XOM), Shell (SHEL), TotalEnergies (TTE), and Eni (E), among others, Bloomberg reported. Exxon shares fell 4.7%, Shell dropped 5.1%, TotalEnergies shed 4.9%, and Eni fell 7.2%.Petrobras (PBR) said Friday it signed an agreement with Oranto Petroleum to buy a 75% working interest and assume operatorship of Block 3, an offshore exploration site in Sao Tome and Principe. Petrobras shares were down 5.6%.Critical Metals (CRML) shares surged 36% after it said Friday that the Government of Greenland has approved the transfer of the remaining 50.5% stake in Tanbreez Mining Greenland, increasing the company's ownership to 92.5%.

$CRML$E$PBR$SHEL$TTE$XOM
Sectors

Sector Update: Energy

Energy stocks were sharply lower Friday afternoon, with the NYSE Energy Sector Index dropping 4.5% and the State Street Energy Select Sector SPDR ETF (XLE) falling 3.6%.The Philadelphia Oil Service Sector Index shed 0.6%, and the Dow Jones US Utilities Index was down 0.7%.In sector news, oil prices plunged Friday as Iran's foreign minister said the Strait of Hormuz is "completely open" following a ceasefire in Lebanon. "In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire," Iranian Foreign Minister Seyed Abbas Araghchi said Friday in a post on the X platform.Front-month West Texas Intermediate crude oil slumped 12% to $83.09 a barrel, and the global benchmark Brent crude contract dropped 10% to $88.96 a barrel. Henry Hub natural gas futures rose 1.5% to $2.69 per 1 million BTU.In corporate news, an Astana court upheld a 2.356 trillion tenge ($5 billion) environmental fine against North Caspian Operating Co., the operator of Kazakhstan's Kashagan oil field, whose shareholders include Exxon Mobil (XOM), Shell (SHEL), TotalEnergies (TTE), and Eni (E), among others, Bloomberg reported. Exxon shares fell 4.7%, Shell dropped 5.1%, TotalEnergies shed 4.9%, and Eni fell 7.2%.

$E$SHEL$TTE$XOM
Commodities

Market Chatter: Kazakh Court Rejects Oil Majors' Appeal in $5 Billion Sulfur Dispute

A Kazakh court has upheld a $5.1 billion environmental fine against the international consortium operating the Kashagan oil field, the country's second-largest crude producer, Bloomberg reported on Friday, citing the Ministry of Ecology and Natural Resources.The ruling, delivered on April 8 by an appeals court in Astana, marks a significant setback for the North Caspian Operating Company in its long-running dispute with the Kazakh government.The fine, totaling 2.36 trillion Kazakhstani tenge ($5.1 billion), was originally imposed for storing excessive amounts of sulfur at the offshore field.NCOC said it disagrees with the Astana court's ruling, while reiterating that its sulfur-management operations were in full compliance with the law. The energy firm and its shareholders plan to pursue "all available avenues of recourse against this decision to defend their rights".The sulfur fine is linked to a broader $166 billion international arbitration dispute over Kashagan, Kazakhstan's second-largest oilfield.Meanwhile, though the court decision has entered into legal force, the NCOC still has the option to file a cassation appeal, the report said.NCOC is owned by Kazakhstan's state oil and gas company, KazMunayGas, alongside Eni (E), Shell (SHEL), TotalEnergies (TTE), ExxonMobil (XOM), Inpex, and China National Petroleum.NCOC did not immediately respond to' request for comment.The oil majors are also contesting the fine through other channels. The companies filed for international arbitration in February. Individually, the companies appealed the sulfur penalty to the Committee for Environmental Regulation and Control, which has yet to issue a decision, the Ministry of Ecology said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $51.22, Change: $-4.17, Percent Change: -7.53%

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Sectors

Sector Update: Energy Stocks Lower Pre-Bell Friday

Energy stocks were mostly lower premarket Friday, with the State Street Energy Select Sector SPDR ETF (XLE) declining 4%.The United States Oil Fund (USO) was down 9.4%, while the United States Natural Gas Fund (UNG) was 1.4% higher.Front-month US West Texas Intermediate crude oil was down 11% to $84.67 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil declined 9.6% to $09.10 per barrel, and natural gas futures were 0.3% higher at $2.64 per 1 million British Thermal Units.An Astana court upheld a 2.356 trillion tenge ($5 billion) environmental fine against North Caspian Operating Company, the operator of Kazakhstan's Kashagan oil field, whose shareholders include Exxon Mobil (XOM), Shell (SHEL), TotalEnergies (TTE), and Eni (E), among others, Bloomberg News reported Friday.Shell shares fell 4.7% premarket, while Exxon stock was down more than 4% before the opening bell.TotalEnergies stock fell 4.2%, and Eni was down 5.7%.

$E$SHEL$TTE$UNG$USO$XLE$XOM
Equities

Kazakhstan Court Upholds $5 Billion Kashagan Sulfur Fine Against Consortium Including Exxon, Shell, TotalEnergies

An Astana court upheld a 2.356 trillion tenge ($5 billion) environmental fine against North Caspian Operating Company, the operator of Kazakhstan's Kashagan oil field, whose shareholders include KazMunayGas, Exxon Mobil (XOM), Shell (SHEL), TotalEnergies (TTE), Eni (E), Inpex and China National Petroleum, Bloomberg reported Friday.Kazakhstan's Ministry of Ecology and Natural Resources told Bloomberg that the April 8 ruling confirmed penalties tied to excessive sulfur storage at the field. The decision has entered into legal force, the report said.The penalty is tied to a wider $166 billion arbitration dispute over environmental claims and state revenue from the project, the report added. Kashagan remains central to Europe's supply shift away from Russian energy after Russia's invasion of Ukraine, it said.Exxon Mobil, Shell, TotalEnergies, Eni, Inpex and China National Petroleum did not immediately respond to' request for comment.

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Sectors

Sector Update: Energy Stocks Advance Late Afternoon

Energy stocks rose late Thursday afternoon, with the NYSE Energy Sector Index climbing 1.8% and the State Street Energy Select Sector SPDR ETF (XLE) adding 1.4%.The Philadelphia Oil Service Sector Index increased 0.4%, and the Dow Jones US Utilities Index was up 0.6%.In sector news, it will take about six months for the US and Iran to reach a peace deal, and the two sides should extend their ceasefire to cover that period, Bloomberg reported Thursday, citing Gulf Arab and European officials familiar with the matter.West Texas Intermediate crude oil rose 2.4% to $93.46 a barrel, and global benchmark Brent gained 3.4% to $98.19 a barrel. Henry Hub natural gas futures rose 2.2% to $2.67 per 1 million BTU.US natural gas stocks rose by 59 billion cubic feet in the week ended Friday, as expected in a survey compiled by Bloomberg, and following an increase of 50 billion in the previous week.In corporate news, TotalEnergies (TTE) shares climbed 4.3% after the company said Q1 exploration and production results are expected to rise significantly, backed by higher oil prices and contributions from new projects.Equinor (EQNR) said it expects stronger Q1 results in its marketing, midstream, and processing division. The stock rose 4%.Energy Fuels (UUUU) appointed President Ross Bhappu as CEO on Wednesday, succeeding Mark Chalmers, who is retiring from the top job. Energy Fuels shares shed 0.5%.York Water (YORW) shares fell 2.7% after it said Thursday it priced an underwritten public offering of about 1.5 million common shares at $28.50 per share, for estimated gross proceeds of about $43 million.

$EQNR$TTE$UUUU$YORW
Sectors

Sector Update: Energy Stocks Rise Thursday Afternoon

Energy stocks advanced Thursday afternoon with the NYSE Energy Sector Index rising 1.8% and the State Street Energy Select Sector SPDR ETF (XLE) adding 1.5%.The Philadelphia Oil Service Sector Index gained 0.5%, and the Dow Jones US Utilities Index climbed 0.2%.In sector news, it will take about six months for the US and Iran to reach a peace deal, and the two sides should extend their ceasefire to cover that period, Bloomberg reported Thursday, citing Gulf Arab and European officials familiar with the matter.West Texas Intermediate crude oil rose 4% to $94.95 a barrel, and global benchmark Brent jumped 5% to $99.64 a barrel.US natural gas stocks rose by 59 billion cubic feet in the week ended Friday, as expected in a survey compiled by Bloomberg, and following an increase of 50 billion in the previous week.Henry Hub natural gas futures rose 1.1% to $2.64 per 1 million BTU.In corporate news, TotalEnergies (TTE) shares climbed 4.5% after the company said Q1 exploration and production results are expected to rise significantly, backed by higher oil prices and contributions from new projects.Equinor (EQNR) said it expects stronger Q1 results in its marketing, midstream, and processing division. The stock rose 4.6%.Energy Fuels (UUUU) appointed President Ross Bhappu as CEO on Wednesday, succeeding Mark Chalmers, who is retiring from the top job. Energy Fuels shares rose 1.2%.

$EQNR$TTE$UUUU
Sectors

Sector Update: Energy

Energy stocks were higher Thursday afternoon, with the NYSE Energy Sector Index rising 1.9% and the State Street Energy Select Sector SPDR ETF (XLE) adding 1.7%.The Philadelphia Oil Service Sector Index was increasing 0.9%, and the Dow Jones US Utilities Index was shedding 0.4%.Front-month West Texas Intermediate crude oil was rising 4% to $94.95 a barrel, and the global benchmark Brent crude contract was advancing 5% to $99.64 a barrel. Henry Hub natural gas futures rose 1.1% to $2.64 per 1 million BTU.In corporate news, TotalEnergies (TTE) shares climbed 4.5% after the firm said Thursday that Q1 exploration and production results are expected to rise significantly, backed by higher oil prices and contributions from new projects.

$TTE
Commodities

TotalEnergies Publishes Q1 Performance Indicators, New Projects Boost Hydrocarbons Output

TotalEnergies (TTE) saw organic growth in Q1 hydrocarbon production, 3% higher than annual guidance, following the start of its Lapa SW and Mabruk projects, while the Middle East conflict curbed output by about 100,000 barrels per day, it said in a regulatory filing.Overall, oil and gas production in Q1 will be similar to Q4, 2025 levels, it said. Exploration and production results are "expected to rise significantly," reflecting sensitivity to an increase in average liquids prices, up $12.40 per barrel over the quarter, along with the contribution of its new projects.Q1 Integrated LNG results and cash flow will rise versus the quarter immediately prior, helped by a 10% increase in LNG production and strong trading activities amid market volatility.The company's integrated power results and cash flow are expected to be in line with Q1 2025 at around $500-$600 million, it said.Downstream results and cash flow should rise, supported by a refining utilization rate of more than 90%, it said, with facilities recovering full operational performance and trading activity for petroleum products strong in March.The company said working capital increased by about $5 billion in the quarter, wit $2.5 billion to $3 billion linked to business seasonality and between $2 billion and $2.5 billion linked to higher hydrocarbon prices at the end of the quarter.Gearing ratio is expected to be around 15% by the end of Q1, driven by increased cash flow from higher market prices, TotalEnergies said.Price: $90.50, Change: $+3.44, Percent Change: +3.95%

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Sectors

Sector Update: Energy Stocks Rise Premarket Thursday

Energy stocks were rising premarket Thursday, with the State Street Energy Select Sector SPDR ETF (XLE) advancing by 0.5%.The United States Oil Fund (USO) was up 1.3% and the United States Natural Gas Fund (UNG) was 0.4% higher.Front-month US West Texas Intermediate crude oil was 1.4% higher at $92.50 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 1.9% to $96.69 per barrel, and natural gas futures were up 0.3% at $2.62 per 1 million British Thermal Units.TotalEnergies (TTE) shares were up more than 3% after the company said Q1 exploration and production results are expected to rise significantly, supported by higher oil prices and contributions from new projects.Equinor (EQNR) stock was up more than 1% after the company said it expects stronger Q1 results in its marketing, midstream, and processing division.Enbridge's (ENB) Enbridge Energy has received US presidential permits to operate and maintain the existing pipeline facilities at the US-Canada border in St. Clair County, Michigan, and Pembina County, North Dakota, the White House said. Enbridge shares were 0.4% higher premarket.

$ENB$EQNR$TTE$UNG$USO$XLE
Sectors

Sector Update: Energy

Energy stocks were rising premarket Thursday, with the State Street Energy Select Sector SPDR ETF (XLE) advancing by 0.3%.The United States Oil Fund (USO) was up 1.6% and the United States Natural Gas Fund (UNG) was 0.4% higher.Front-month US West Texas Intermediate crude oil was 1% higher at $92.19 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 1.6% to $96.44 per barrel, and natural gas futures were up 0.1% at $2.61 per 1 million British Thermal Units.TotalEnergies (TTE) shares were up more than 3% after the company said Q1 exploration and production results are expected to rise significantly, supported by higher oil prices and contributions from new projects.

$TTE
Commodities

Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday Amid Incoming Economic Data Releases

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.1%, and the actively traded Invesco QQQ Trust (QQQ) was 0.2% higher in Thursday's premarket activity amid incoming economic data releases.US stock futures were also edging higher, with S&P 500 Index futures up 0.1%, Dow Jones Industrial Average futures advancing 0.1%, and Nasdaq futures gaining 0.2% before the start of regular trading.US initial jobless claims came in at 207,000, compared with expectations of 213,000 and a prior reading of 218,000.The New York Fed's regional services index for April was negative 14.0, versus expectations of negative 20.0 and a prior reading of negative 22.6.The Philadelphia Fed's regional manufacturing index for April rose to 26.7, above expectations of 10.0 and a prior reading of 18.1.The industrial production data for March will be released at 9:15 am ET, followed by the weekly natural gas data at 10:30 am ET.Fed Governor Stephen Miran is slated to speak on Thursday.In premarket activity, bitcoin was down by 1%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.8% lower, Ether ETF (EETH) retreated by 2.1%, and Bitcoin & Ether Market Cap Weight ETF (BETH) was flat.Power Play:Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.01%, the Vanguard Health Care Index Fund (VHT) was up 0.7%, while the iShares US Healthcare ETF (IYH) was inactive. The iShares Biotechnology ETF (IBB) slipped 0.1%.Hims & Hers Health (HIMS) stock was up more than 9% premarket after US Health and Human Services Secretary Robert Kennedy Jr. signaled plans to ease restrictions on certain peptides.Winners and Losers:ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.1%, and the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was flat. The iShares US Consumer Staples ETF (IYK) was flat. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) gained 0.1%. The VanEck Retail ETF (RTH) and the State Street SPDR S&P Retail ETF (XRT) were inactive.Alibaba (BABA) shares were up more than 3% pre-bell after Bloomberg reported the retailer has launched a new AI model that creates 3D environments and interactive videos, expanding into gaming and content to compete more directly with Tencent.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) advanced 0.4%, and the iShares US Technology ETF (IYW) was 0.1% higher, while the iShares Expanded Tech Sector ETF (IGM) was up 1.2%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) gained 0.6%, while the iShares Semiconductor ETF (SOXX) declined by 0.5%.Taiwan Semiconductor Manufacturing (TSM) shares were down more than 1% in Thursday's premarket activity even after the company reported higher Q1 earnings and net revenue.EnergyThe iShares US Energy ETF (IYE) was down 0.02% while the State Street Energy Select Sector SPDR ETF (XLE) was up by 0.02%.TotalEnergies (TTE) stock was up more than 1% before Thursday's opening bell after the company said that Q1 exploration and production results are expected to rise significantly, supported by higher oil prices and contributions from new projects.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) advanced 0.02%. Direxion Daily Financial Bull 3X Shares (FAS) was up 0.1%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.02% higher.Travelers (TRV) shares were down more than 1% pre-bell after the company's Q1 revenue trailed the estimates of analysts polled by FactSet.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.3%, while the Vanguard Industrials Index Fund (VIS) retreated 0.3% and the iShares US Industrials ETF (IYJ) was inactive.Willdan Group (WLDN) stock was up more than 1% before the opening bell after the company was awarded a $27 million, three-year contract with the New York City Mayor's Office of Climate & Environmental Justice to redesign and implement the NYC Accelerator program.CommoditiesFront-month US West Texas Intermediate crude oil gained by 0.2% to reach $91.45 per barrel on the New York Mercantile Exchange. Natural gas retreated by 0.2% to $2.61 per 1 million British Thermal Units. The United States Oil Fund (USO) increased by 0.8%, while the United States Natural Gas Fund (UNG) was 0.5% higher.Gold futures for May were up by 0.3% at $4,840.00 an ounce on the Comex. Silver futures gained by 0.1% to reach $79.68 an ounce. SPDR Gold Shares (GLD) was 0.4% higher, and the iShares Silver Trust (SLV) advanced by 0.3%.

Dow JonesNasdaq CompositeS&P 500$BABA$BETH$BITO$EEM$EETH$EXI$FAS$FAZ$GLD$HIMS$IBB$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$PMR$QQQ$RTH$SLV$SOXX$SPY$TRV$TSM$TTE$UNG$USO$VDC$VHT$VIS$WLDN$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Asia Markets

Hopes for Middle East Peace Nudge US Equity Futures Higher Pre-Bell

US equity futures were edging higher pre-bell Thursday as optimism for an end to the Middle East conflict continues to grow, with a second round of talks and a ceasefire extension on the horizon.Dow Jones Industrial Average futures were 0.2% higher, S&P 500 futures were up 0.1%, and Nasdaq futures were 0.2% lower.Israel's security cabinet met on Wednesday to discuss a potential ceasefire in Lebanon that could remove a key hurdle in securing a broader peace agreement.A series of solid earnings so far this week has also allayed concerns about the economy. Taiwan Semiconductor Manufacturing (TSM) and Charles Schwab (SCHW) posted higher Q1 earnings and net revenue. Netflix (NFLX) is due to report after market close.Oil prices were higher, with front-month global benchmark North Sea Brent crude up 1.3% at $96.16 per barrel and US West Texas Intermediate crude up 0.7% at $91.93 per barrel.Initial jobless claims dropped to 207,000 in the week ended April 11 from 218,000 in the previous week, compared with expectations for a decrease to 213,000 in a survey of analysts compiled by Bloomberg.The March industrial production report, due at 9:15 am ET, is forecast to show a 0.1% increase following a 0.2% gain in the prior month.In other world markets, Japan's Nikkei closed 2.4% higher, Hong Kong's Hang Seng ended 1.7% higher, and China's Shanghai Composite finished 0.7% higher. Meanwhile, the UK's FTSE 100 was up 0.7%, and Germany's DAX index was 0.6% higher in Europe's early afternoon session.In equities, Charles Schwab (SCHW) stock was 2% lower after the company posted Q1 net revenue below analyst estimates. Paypal (PYPL) shares were down 1.7% after Mizuho downgraded the company's stock to neutral from outperform.On the winning side, Alibaba (BABA) stock was 3.3% higher after the company launched a new AI model that creates 3D environments and interactive videos, according to a Bloomberg report. TotalEnergies (TTE) shares were up 3.5% after the company said its Q1 exploration and production results are expected to rise significantly, supported by higher oil prices and contributions from new projects. Adobe (ADBE) stock was 2.7% higher after the company launched its new artificial intelligence tool, Firefly AI Assistant.

Dow JonesNasdaq CompositeS&P 500$ADBE$BABA$NFLX$PYPL$SCHW$TSM$TTE
Commodities

Market Chatter: European Buyers Look to Canada for LNG Supplies

European energy giants, including Germany's Uniper, are in talks to secure long-term liquefied natural gas supplies from Canada's Pacific coast, Reuters reported Wednesday citing sources.The Iran conflict has sparked a strong interest in Canada's proposed Ksi Lisims LNG project from global buyers, the report said.Buyers are reportedly willing to absorb the high costs of Panama Canal transit to access stable energy sources, it said.The Ksi Lisims project is a partnership between Western LNG, Rockies LNG, and the Nisga'a First Nation.While the facility is years from completion, it has been placed on a fast-track for permitting by the government of Prime Minister Mark Carney, the report added.Energy giants Shell (SHEL) and TotalEnergies (TTE) have already secured 20-year purchase agreements with the terminal, it added.has contacted the parties involved seeking comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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