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On this episode of Stock Movers: - Uber Technologies (UBER) is cutting about 3,300 roles, or 10% of its staff globally, in a massive restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses. - Dell Technologies (DELL) shares gain after the company's second-quarter results beat expectations and it raised its full-year revenue forecast, supported by strong AI-related demand for its servers. - PG&E (PCG) plans to defer about $2 billion of investments next year as part of a strategic review of its businesses, a move that comes after it said a proposed revamp of California's wildfire response didn't do enough to protect the company and its peers from the cost of such disasters.

Chevron Corp. Chief Executive Officer Mike Wirth talks about the deal to invest $7 billion in Venezuela through a series of joint venture partnerships. It's part of the Trump administration's push to revive the country's oil industry. He speaks to Bloomberg's Tyler Kendall in Caracas.

Chevron Corp. Chief Executive Officer Mike Wirth says very strong legal terms are in place to protect its investment in Venezuela. The Houston-based company is investing $7 billion in the country over the next five years. Wirth speaks to Bloomberg's Tyler Kendall in Caracas.

Uber Technologies is cutting about 3,300 roles, or 10% of its staff globally, in a restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses. Carmen Reinicke has more on "Bloomberg Open Interest."

US Energy Secretary Chris Wright discusses details of Venezuelan oil production and exports, deals signed with Chevron, ENI, and GE Vernova, and offers an update on the Strait of Hormuz. He speaks with Tyler Kendall in Caracas, Venezuela.

Stephen Schork, principal and editor at The Schork Group, discusses the Trump administration's plans to take majority ownership of more than 65 billion barrels of Venezuela's oil reserves. He also looks at refining capacity in the US and the levels of the strategic oil preserve.

Private payrolls rose by 38,000 in August according to ADP research. Economists expected a gain of 47,000. This was the smallest increase since the start of the year. Bloomberg's Michael McKee reports.

Cayla Seder, State Street Macro Multi-Asset Strategist, joins Bloomberg's Vonnie Quinn on "Bloomberg Brief" to discuss her concern around higher Treasury yields and looks ahead to the September Fed decision.

Torsten Slok, chief economist at Apollo Global Management, sees the US fiscal situation having little to do with upward pressure on US yields. He says, "There are actually fewer worries about US policy making than there is in Japan and Germany."

Chevron plans to more than double its oil production in Venezuela, investing $7 billion over the next five years. The company is making largest financial commitment so far in a US government-led push to revive the Latin American country's industry. Tyler Kendall reports on Bloomberg Television.

Jaguar Land Rover's first electric Range Rover will start at £154,070 ($208,420), a price tag that will test wealthy buyers' appetites for a battery-powered sport utility vehicle. Nigel Blenkinsop, chief operating officer at Jaguar Land Rover, speaks on Bloomberg Television about the new vehicle, the outlook for sales in the US and competition with Chinese automakers.

Anna Edwards, Lizzy Burden and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."