

Chevron Legal Win; Netflix Lower after Beat; Talen Energy Pops
Jul 18, 2025
Hess and Chevron celebrate a major legal victory, clearing the way for a $53 billion acquisition, boosting investor confidence. Meanwhile, Netflix's earnings beat expectations but sees a stock dip due to lofty investor hopes. Talen Energy makes a splash with a $3.8 billion acquisition, positioning itself for rising power needs. Additionally, 3M raises its profit forecast amid strong earnings, sparking interest alongside speculation of a massive rail merger. The landscape is ripe with strategic shifts and market reactions.
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Chevron Legal Win Boosts Stocks
- Chevron's legal victory over ExxonMobil removes strategic uncertainty around its $53 billion Hess acquisition.
- This decision boosts investor confidence, lifting Chevron and Hess stocks significantly.
Netflix's Stellar Results Not Enough
- Despite Netflix beating earnings estimates and raising forecasts, the stock fell 1.5%.
- This suggests investors expected perfection, indicating a need for a market breather on Netflix.
Talen Energy's Strategic Plant Buy
- Talen Energy's purchase of two efficient gas-fired plants for $3.8 billion adds nearly 3 gigawatts capacity.
- CEO Mac McFarland sees these as the fastest, cheapest alternative to nuclear plants for meeting AI power demand.