U.S. shale oil exports hit record levels as drillers respond to geopolitical tensions and rising global demand. U.S. shale oil producers are increasing output to address the energy shortage triggered by the Middle East conflict. Exports have reached all-time highs, reflect
Tesla's $890M electric vehicle and battery agreement with SpaceX lifts shares amid deepening corporate ties. Tesla sold $890M worth of electric vehicles and batteries to SpaceX, according to a recent filing. The deal, centered on Cybertruck and battery technology, marks a
Defense Department tests models from OpenAI and Google amid tensions with Anthropic over its Claude AI platform. The Pentagon is evaluating artificial intelligence models from OpenAI and Google as potential replacements for Anthropic’s Claude system. The move follows repor
Shares of quantum computing firms surge following $2 billion in U.S. government grants to accelerate sector growth. Quantum technology stocks climbed sharply after the U.S. government announced $2 billion in grants to bolster the sector. IBM rose 7%, while QBTS and RGTI ju
In brief - Trump said he postponed an AI executive order signing because parts of the draft could have slowed U.S. AI development. - The proposal would have created a voluntary framework for AI companies to share frontier models with the government before public release. -
With a net income margin of 33.26% and upside potential of 27.70%, The Charles Schwab Corporation (NYSE:SCHW) ranks among the best extremely profitable stocks to buy according to Wall Street analysts. The company reported net income of $8.85 billion for the recently comple
Iranian media reports, citing Al-Arabiya, suggest that the final draft of a US–Iran agreement has reportedly been completed with Pakistani mediation, with an official announcement potentially coming within hours. According to the reported details, the deal would include an
Iran's ILNA news agency posted on their Telegram channel an Al-Arabiya TV claim about US and Iran reaching an agreement on a draft mediated by Pakistan. They say it's expected to be announced in the next few hours They say it's expected to be announced in the next f
Mexico’s central bank signaled upside inflation risks persist despite a 25 basis point rate cut to 6.50% in May. Banco de Mexico’s latest meeting minutes revealed the board’s concerns over inflation risks tied to the Middle East conflict, despite a 25 basis point rate cut
Artificial intelligence has already disrupted search, software, and customer service. The next frontier is more consequential and less visible: the core infrastructure that moves money around the world Governments and financial institutions are increasingly treating
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