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Ryan Todd of Deutsche Bank asks about cost management. $COP said its volumes are higher and both Capex and Opex are lower. So these factors are helping in reducing breakeven cost of capital. The company is taking efforts to lower the breakeven level further down.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.