📊 Chevron ventures into AI energy

Author

Ryan Serkes
November 13, 2025

Hi everyone, here is your 📊 Daily Trade.

Here's what's happening today:

📊 US Labor data prioritized post-shutdown
💰 Treasury adjusts auctions for market stability
🔋 Chevron launches AI power project in Texas
📈 Clearlake expands in private markets with Pathway buy
💼 Lucid prices $875M convertible notes offering
🎁 +8 more stories you might like
📊 US Labor Department to Prioritize Key Data After Shutdown Link
  • The Labor Department is urged to focus on November employment and CPI data after the government shutdown.
  • Economists emphasize the importance of timely data for the Federal Reserve's December policy meeting.
  • Delayed data releases could impact monetary policy decisions and economic assessments.
💰 Treasury Secretary Bessent to Ensure Stable Debt Auctions Link
  • Treasury Secretary Bessent pledges to gradually adjust auction sizes to maintain market stability.
  • Robust demand for Treasury securities continues amid changing borrowing needs.
  • The department will provide forward guidance and seek market feedback on auction decisions.
🔋 Chevron Ventures into AI with Texas Power Project Link
  • Chevron selects West Texas for its first AI data center power project, leveraging natural gas resources.
  • The project aims to capitalize on energy demand from data centers located near fuel sources.
  • Chevron partners with Engine No. 1 to secure gas turbines for the facility, expected operational by 2027.
📈 Clearlake Capital Expands with Pathway Capital Acquisition Link
  • Clearlake Capital to acquire Pathway Capital, doubling its assets under management.
  • The acquisition accelerates Clearlake's growth in private credit, secondaries, and co-investments.
  • Pathway will retain its brand and operate independently as an investment solutions business.
💼 Lucid Group Prices $875 Million Convertible Notes Offering Link
  • Lucid Group announces pricing of $875 million convertible notes with a 7.00% interest rate.
  • The proceeds will be used to repurchase existing notes and for general corporate purposes.
  • The notes offer conversion options and redemption rights under specified conditions.

Other news & articles you might like

  • ⚖️ James Hardie faces securities fraud lawsuit (Link)
  • 🔍 MoonLake hit with class action post-trial data (Link)
  • 📉 Alvotech under scrutiny for manufacturing issues (Link)
  • 🔍 Beyond Meat investigated for possible fraud (Link)
  • 🔄 Circularity valued but not scaled in manufacturing (Link)
  • 💡 Equal stock ownership reveals wealth disparity (Link)
  • 📊 American Integrity beats Q3 earnings estimates (Link)
  • 🎖️ Combined Arms marks decade of veteran support (Link)

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