Australian LNG player Woodside has entered into a definitive deal to buy Tellurian, the developer of the Driftwood LNG export project in Louisiana. Woodisde said in a statement the consideration for the transaction is an […]
Daily Standup Top Stories Global Tech Outage Wreaks Havoc July 20, 2024 Mariel Alumit The disruption underscores just how reliant much of the world is on key software providers. Digital Disruption International air travel, financial services, […]
The disruption underscores just how reliant much of the world is on key software providers. Digital Disruption International air travel, financial services, medical systems, and television broadcasts briefly ground to a halt on Friday after […]
Weekly Daily Standup Top Stories Trump shot in ear at campaign rally, world leaders react July 14, 2024 Mariel Alumit Donald Trump was shot in the ear during a Saturday (13 July) campaign rally, streaking […]
Oh Elon, trying to wreck Tesla? Consumer boycotts work, see Bud Light. Don’t mess with American consumers! Tesla sales got crushed in Q2 in California, while non-Tesla EV sales surged. Have Californians finally had it […]
Pacific spot liquefied natural gas (LNG) freight rates continued to increase this week, while European prices also rose compared to the week before. Last week, spot charter rates rose in the Pacific with Atlantic rates decreasing […]
Who is still buying the US debt is an increasingly important question. Here are the foreign investors. By Wolf Richter for WOLF STREET: The recklessly ballooning US national debt is now just a hair away from ticking over […]
New data from Vortexa shows VLCC utilisation for OPEC+ – excluding Iran and Venezuela – fell sharply during June and reached a record low earlier this month, as exports from the group, especially Saudi Arabia, […]
Nvidia, after gaining $2.1 trillion YTD through July 10, gave up $418 billion or 12.6% since. Meta -13.6% in 5 days. Tesla should be kicked out of the Mag 7. By Wolf Richter for WOLF STREET. These numbers […]
A trend we watch: As refis rose from collapsed levels, the Fed’s QT of MBS increased for the fourth month in a row. By Wolf Richter for WOLF STREET. The average conforming 30-year fixed mortgage rate during the latest […]
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