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Home2023May

Month: May 2023

Cyber Warfare

American maritime assets targeted by Chinese malware

May 26, 2023 Mariel Alumit

American maritime assets are being targeted by Volt Typhoon, a Chinese state-sponsored snooping operation, tech giant Microsoft warned today. Microsoft said it has uncovered “stealthy and targeted malicious activity” focused on post-compromise credential access and […]

Government spending, including Biden’s Inflation Reduction Act, has helped drive a gap between clean-energy spending and fossil-fuel investments
Energy Crisis

Investments in Solar Power Eclipse Oil for First Time

May 26, 2023 Mariel Alumit

Investments in solar power are on course to overtake spending on oil production for the first time, the foremost example of a widening gap between renewable-energy funding and stagnating fossil-fuel industries, according to the head […]

Oil
Crude Oil News

US oil and gas auction yields nearly $80 million for federal coffers

May 26, 2023 Mariel Alumit

(Reuters) – The U.S. on Thursday held its first sale of oil and gas drilling rights on federal lands since passage of President Joe Biden’s landmark climate change law, attracting more than $78 million in […]

Zero Edge

Russian Central Bank Governor Visits Iran To Strengthen Financial Ties

May 26, 2023 Mariel Alumit

Via The Cradle, Bank of Russia Governor Elvira Nabiullina visited Tehran for talks with her Iranian counterpart, Mohammad-Reza Farzin, Bloomberg reported on Thursday. The talks focused on strengthening relations between commercial banks from the two […]

Zero Edge

Backlash & Boycott-Calls Hit North Face After Ad Featuring Drag Queen Inviting Everyone To ‘Come Out’

May 26, 2023 Mariel Alumit

A North Face advertisement featuring a drag queen in rainbow-themed outdoor sports gear has sparked backlash after going viral online. The popular outdoor apparel company has learned nothing from mounting customer boycotts against Bud Light […]

Zero Edge

Ron Paul: Biden’s Running Out Of Ukraine Money? Good!

May 26, 2023 Mariel Alumit

Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, When the smoke finally clears, President Biden’s Ukraine debacle will go down – along with Afghanistan and Iraq – as one of […]

Zero Edge

Fade The Rally, The Dollar’s Destiny Is Lower

May 26, 2023 Mariel Alumit

Authored by Simon White, Bloomberg macro strategist, Debt-ceiling worries are driving the dollar up for now, but real yields, the fiscal deficit and structural overvaluation favor the medium-term downtrend remaining intact. All of the recent […]

Price
Investments

What This Screen Tells About Stock Movers; How Zoom, BJ’s, Others Made It To The List

May 26, 2023 Mariel Alumit

Big stock-price moves in unusually high volume are important signs, because such moves frequently show a breakout or a sell signal. IBD offers a filter precisely for that purpose. As always, price moves have to […]

Price
Investments

AI Stocks: In Case You Missed Nvidia, Google Artificial Intelligence News

May 26, 2023 Mariel Alumit

Chipmaker Nvidia (NVDA) grabbed the artificial intelligence spotlight this week with a raised outlook that sent Wall Street analysts into a tizzy. For investors homing in on AI stocks, the valuation of NVDA stock moves […]

Price
Investments

Nvidia Just Left Warren Buffett In The Dust Again

May 26, 2023 Mariel Alumit

Nvidia’s insane stock rally Thursday put $184 billion into investors’ pockets in one day. More notably: It pushed Nvidia stature in the S&P 500 past Warren Buffett’s Berkshire Hathaway — again. Shares of Nvidia (NVDA) […]

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