Venezuela embarks on 0 billion restructuring of sovereign, oil debt

Venezuela embarks on $150 billion restructuring of sovereign, oil debt

Venezuela’s interim President Delcy Rodriguez speaks during a press conference after a signing of an agreement ceremony between Chevron Venezuela and the national government at the Miraflores Palace in Caracas on April 13, 2026. Venezuela’s interim president, Delcy Rodriguez, praised on April 13 the progress made in the oil sector regarding foreign investment as part…

Read More
Cisco shares are surging double digits. Morgan Stanley thinks the stock is still cheap 

Cisco shares are surging double digits. Morgan Stanley thinks the stock is still cheap 

Cisco stock hit a record high Thursday, but shares are poised to soar even higher following the networking company’s blowout fiscal third-quarter results , according to Morgan Stanley. The investment bank has an overweight rating on Cisco and raised its price target to $120 from $91, implying 18% upside from Wednesday’s close. “Multiple relative to…

Read More