
Non-OPEC Oil Supply Growth to Peak in Early 2026, BP Says
'Non-OPEC supply we largely see going flat after February or March next year,' he said in an interview on Bloomberg Television after reporting earnings. Supply growth from non-OPEC will be relatively flat after that for about 12 to 18 months.

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Yahoo
16 minutes ago
- Yahoo
Intel CEO to meet with Trump at White House, WSJ reports
After President Trump called for his resignation last week, Intel (INTC) CEO Lip-Bu Tan is set to meet with Trump at the White House Monday, according to a report from the Wall Street Journal. Yahoo Finance Tech Editor Dan Howley discusses the latest. To watch more expert insights and analysis on the latest market action, check out more Morning Brief. But Dan, I do want to follow up and ask you about what's going on with Intel and its CEO Lip-Bu-Tan, who is reportedly going to be meeting with Trump today on a very different issue. Yeah, this is basically Trump trying to oust him. Uh he said that he had to leave the company, uh that he was, you know, quote unquote very conflicted. And this kind of goes back to his days with Cadence. Uh Cadence just settled a uh a suit with the government basically saying that they had provided some materials to a university that the government believes has links to the Chinese military. And so, you know, they settled, uh and then Senator Tom Cotton has come forward and said, look, you know, this is this is a big deal. Uh someone should, you know, look deeper into this. Uh Lip-Bu-Tan has some investments in Chinese companies. He is a US citizen. Uh and so, you know, there's this kind of back and forth as to, you know, does does do his prior uh, you know, uh kind of instances of investing in Chinese companies make him uh good for being Intel CEO or not. Related Videos Russia deal will be 'a canary for the markets' on US–China talks Trump's Nvidia, AMD China deal: National security risks persist Trump Says 'Not Up to Me' to Make a Deal With Putin Trump to Take Control of DC Police Department, Deploy National Guard Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Geek Wire
17 minutes ago
- Geek Wire
GitHub will join Microsoft's CoreAI group with departure of CEO Thomas Dohmke
GitHub CEO Thomas Dohmke. (GitHub Photo) Microsoft will bring GitHub into its CoreAI division with the announcement this morning that GitHub CEO Thomas Dohmke will be stepping down as the leader of the widely used software development platform and code repository. GitHub has operated largely on its own since its acquisition by Microsoft in 2018 for $7.5 billion. However, with the rise of the GitHub Copilot coding assistant and the broader growth of AI-powered software development, GitHub's fortunes are increasingly tied to those of its parent company. Dohmke said in a post Monday morning that he will remain with GitHub through the end of 2025 to help guide the transition before leaving to start a new company. He said his decision was driven by a desire to return to his startup roots after more than a decade at Microsoft and GitHub. 'With more than 1B repos and forks, and over 150 million developers, GitHub has never been stronger than it is today,' he wrote. 'We have seen more open-source projects with more contributions every year. AI projects have doubled in the last year alone. And our presence in companies of any size is unmatched in the market.' GitHub also faces pressure from AI-powered coding tools. In addition to the coding capabilities from OpenAI's ChatGPT and Anthropic's Claude, tools like Cursor have seen meteoric growth, and Google's Alphabet is pushing further into agentic coding with its recruitment of key leaders from AI code generation startup Windsurf. According to Microsoft's recent earnings call, GitHub Copilot now has 20 million users, and enterprise customers grew 75% quarter-over-quarter. Ninety percent of the Fortune 100 use the AI assistant, and AI projects on GitHub more than doubled over the past year, according to the company. Microsoft CEO Satya Nadella said last year that GitHub Copilot had become a larger business on its own than all of GitHub was when Microsoft bought it. Announcing the acquisition in 2018, Microsoft promised that GitHub would 'operate independently to provide an open platform for all developers in all industries.' We've asked Microsoft for more information on the new structure and what it means for GitHub's operations, and we'll update this post as we learn more. Dohmke, who moved from Germany to the United States after selling his startup to Microsoft more than a decade ago, took over as GitHub CEO in 2021 after helping to lead the acquisition alongside Nat Friedman.


Bloomberg
18 minutes ago
- Bloomberg
Avoid Intel Says Advisors Capital's Feeney
Intel CEO Lip-Bu Tan is set to meet with President Donald Trump after the US leader called for his resignation. Advisors Capital Management's JoAnne Feeney addresses the position Intel finds itself in and why she thinks investors should avoid the stock right now. She speaks with Caroline Hyde and Ed Ludlow on 'Bloomberg Tech.' (Source: Bloomberg)