Amazon takes number one spot on 2026 Fortune 500; regional shifts seen

Amazon has taken the No. 1 spot on the 2026 Fortune 500, Fortune said, unseating Walmart after 13 years at the top. The change put Amazon ahead for the first time in more than a decade and drove shifts in regional tallies for Pennsylvania, New Jersey and New England. Fortune’s 72nd annual list put the collective revenue at $21.0 trillion, with profits at $2.1 trillion and a workforce of 30.5 million worldwide.

Venezuela oil deal puts Chevron, Valero and PBF in focus before the U.S. open

Venezuela oil deal puts Chevron, Valero and PBF in focus before the U.S. open

Chevron fell 4.4% in premarket trading after President Donald Trump said the United States had reached a deal to import up to $2 billion of Venezuelan crude — roughly 30 million to 50 million barrels — to be sold at market prices. Valero, Marathon Petroleum, Phillips 66 and PBF Energy were down between 1.2% and 7.7%, while Canadian Natural Resources and Cenovus slipped about 2% and Baker Hughes rose 0.6%. Chevron controls Venezuelan oil flows to the United States under a U.S. authorization and has been exporting 100,000 to 150,000 barrels per day, while traders said the prospect of added supply pushed some U.S. Gulf heavy-crude differentials — the price gap to benchmark grades — about 50 cents lower on Tuesday. Reuters
7 January 2026
PBF Energy stock in focus after U.S. strikes Venezuela; Martinez restart, earnings date ahead

PBF Energy stock in focus after U.S. strikes Venezuela; Martinez restart, earnings date ahead

PBF Energy Inc. shares head into Monday’s U.S. session with traders gauging the oil fallout after the United States struck Venezuela and captured President Nicolas Maduro. Trump said Washington would run Venezuela during a transition and that U.S. oil companies would move in, while Maduro is expected to make an initial appearance in Manhattan federal court on Monday, according to a Justice Department official.

US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Strong Buy

NVIDIA

94/100
#2 Strong Buy

Meta Platforms

89/100
#3 Buy

Alphabet

87/100
#4 Buy

Amazon

84/100
#5 Selective Buy

Microsoft

80/100
View full portfolio
Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Warsh at Jackson Hole

Policy tone can move rates, USD, equities, gold and crypto simultaneously.

#2

Michigan sentiment

A weak final reading or elevated inflation expectations could pressure risk assets.

#3

Chicago PMI

A surprise versus 58.0 may alter the near-term manufacturing-growth narrative.

View full calendar
Times and estimates may change. Verify before trading.