Stock Movers Valero Energy Rises, Newmont Drops, Mobileye Jumps on Mentee Acquisition
Jan 7, 2026
Tatiana Daria, a Bloomberg markets commentator renowned for her expertise in stock movements, discusses significant shifts in the market. Valero Energy's shares surge due to anticipated gasoline imports, despite plans to close a refinery. Meanwhile, Newmont's stock drops as a wildfire affects production forecasts. In a bold move, Mobileye's acquisition of Mentee Robotics for $900 million sparks intrigue about the future of robotics. Tatiana also delves into the implications of eased Venezuela sanctions on crude demand.
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Heavy Crude Boosts Complex Refiners
- Easing U.S. sanctions on Venezuela benefits complex refiners that can process heavy crude like Valero.
- Less than half of U.S. refineries have the required specialized units, concentrating the advantage among a few players.
Precious Metals Volatility Ahead
- Gold and silver miners saw pullbacks after recent rallies and volatile rebalancing ahead.
- Newmont cut first-quarter output after wildfire damage, adding to sector volatility.
Mobileye Enters Humanoid Robotics
- Mobileye plans to buy Israeli startup Mentee Robotics for $900 million to expand into humanoid robots.
- Tatiana compared the move to Tesla and Hyundai's robotics ambitions and noted slow near-term ROI expectations.