President Trump announced his decision to revoke a Biden-era policy allowing increased oil production in Venezuela, affecting Chevron, who operates there. The Treasury Department had granted Chevron permission to expand operations in Venezuela in November 2022, with the license up for renewal on March 1. The move is seen as a response to Venezuela’s failure to repatriate criminals and has drawn criticism from the country’s vice president, warning of negative consequences for both nations.
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Roku Stock Could Head Higher on Friday
Roku (ROKU) has seen its stock decline over 34% since reaching a 52-week high following strong financial results in mid-February. As it prepares to report its first-quarter results, analysts expect revenue of $1.01 billion and a loss of $0.25 per share, slightly better than Roku's guidance. Despite recent price target cuts, analysts remain optimistic about Roku's ability to navigate challenges in the ad market and tariffs while capitalizing on increasing user engagement and revenue growth....
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