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AI

Dimon’s Warning on Geopolitics

October 15, 2024 Andy Del Prado

Daily Standup Top Stories Dimon Issues Dire Warning About “Treacherous” Geopolitical Situation October 14, 2024 Mariel Alumit Jamie Dimon, CEO of JPMorgan Chase, has expressed concerns about the global economic outlook. He cited geopolitical tensions, particularly […]

AI

Google Backs Buildout of Small Nuclear Reactors in Kairos Deal

October 14, 2024 Stu Turley

Alphabet Inc.’s Google is investing in the development of the next generation of nuclear power, backing a company that’s building small modular reactors and agreeing to purchase energy once the sites start supplying US grids. […]

Court
Press

Top EU Court annuls a €1.49 billion fine on Google

September 18, 2024 Stu Turley

  The European Union’s General Court annulled the European Commission’s €1.49 billion fine on Google for anticompetitive behaviour with its AdSense product on Wednesday (18 September), leaving the Commission just over two months to appeal. […]

Stocks
Finance

Rate Cut Mania Now Crushing Stocks after Whipping Stocks into Frenzy or Whatever. Mag 7 Down $2.5 Trillion from Peak, Nasdaq Bloodied, Semis Crushed

September 7, 2024 Stu Turley

A 4% drop will put the Nasdaq back to Nov 2021. Amazon, Tesla, and Alphabet already back where they’d been 3 or 4 years ago. Nvidia -24% from peak. By Wolf Richter for WOLF STREET. Rate cuts are […]

AI

Oil Demand Rising 1.6 Million Bpd

August 7, 2024 Andy Del Prado

Daily Standup Top Stories Saudi Aramco Sees Oil Demand Rising by 1.6 Million Bpd in Second Half of 2024 August 6, 2024 Mariel Alumit Saudi Aramco’s CEO has forecast a strong increase in global oil demand […]

Investors
AI

How Investors Are Capitalizing on AI’s Insatiable Appetite for Energy

August 6, 2024 Mariel Alumit

AI data centers’ rising electricity demand prompts investors to buy power utility stocks, anticipating generational demand growth. Power utilities stand to benefit from the AI boom as they secure reliable electricity for consumers amid increasing […]

AI

Big Tech’s Net Zero Struggle

July 23, 2024 Andy Del Prado

Daily Standup Top Stories China’s banking turmoil: 40 banks vanish as crisis deepens July 22, 2024 Mariel Alumit The Chinese banking sector is facing a severe crisis. In just one week, 40 banks disappeared, and the […]

Tech
AI

Big Tech Struggles on the Path to Net Zero

July 22, 2024 Mariel Alumit

Before everything got disrupted by the attempt on President Trump’s life, I had written a post last week titled “Big Tech On The Path To Net Zero.” That post looked at the most recently issued […]

AI

Google falling short of climate target

July 4, 2024 Andy Del Prado

Daily Standup Top Stories French nuclear giant scraps SMR plans due to soaring costs, will start over July 3, 2024 Mariel Alumit The French nuclear giant EdF, the government owned company that manages the country’s vast […]

Google
AI

Google falling short of important climate target, cites electricity needs of AI

July 3, 2024 Mariel Alumit

Three years ago, Google set an ambitious plan to address climate change by going “net zero,” meaning it would release no more climate-changing gases into the air than it removes, by 2030. But a report […]

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