Intel is raising capital into the AI buildout Intel announced a $15 billion common stock offering Monday, adding fresh capital as demand for AI computing power continues to accelerate. The company said it will use the proceeds for general corporate
The US oil reserve just crossed a four-decade low Crude oil held in the US Strategic Petroleum Reserve fell below 300 million barrels last week, reaching its lowest level since January 1983. The reserve dropped by 6.1 million barrels to
Burry is targeting one of AI’s biggest runners Michael Burry is shorting Nebius Group after one of the strongest runs in the AI infrastructure trade. In an August 6 post on his Cassandra Unchained Substack, Burry said he shorted Nebius
China controls the copper bottleneck China has built a commanding position in global copper processing, and veteran metallurgist Phillip Mackey says the West could take decades to catch up. China now smelts about 60% of the world’s copper and refines
Small caps are no longer sitting out the rally The S&P 500 and Dow hit record highs this week, but the stronger story may be happening outside the largest stocks in the market. The Russell 2000 touched a record high
Musk’s chip factory is headed to Texas Tesla and SpaceX said Thursday that Terafab, the advanced semiconductor factory they are developing together, will be built in Grimes County, Texas, outside Houston. The companies said they will make an initial investment
Lockheed is looking for domestic mineral supply Lockheed Martin is in talks to secure US-linked supplies of scandium and germanium, two critical minerals used in defense systems ranging from aircraft components to infrared sensors. The company is negotiating with NioCorp
SpaceX is spending like an AI infrastructure company SpaceX’s first quarterly report as a public company showed how quickly the market’s view of the business is changing. The company came public with a rocket and space reputation. Its filings, however,
Palantir’s commercial business just accelerated hard Palantir shares surged after the company reported a second-quarter beat driven by rapid demand for enterprise AI tools. Revenue rose 93% from a year earlier to $1.94 billion, ahead of LSEG estimates of $1.8
The yen finally got official support Japan and the US jolted the yen out of its historic slide last week, triggering a sharp currency move but only limited stress across global equity markets. The dollar-yen exchange rate fell from nearly
Intel is raising capital into the AI buildout Intel announced a $15 billion common stock
The US oil reserve just crossed a four-decade low Crude oil held in the US
Burry is targeting one of AI’s biggest runners Michael Burry is shorting Nebius Group after
China controls the copper bottleneck China has built a commanding position in global copper processing,
Small caps are no longer sitting out the rally The S&P 500 and Dow hit
Musk’s chip factory is headed to Texas Tesla and SpaceX said Thursday that Terafab, the
Lockheed is looking for domestic mineral supply Lockheed Martin is in talks to secure US-linked
SpaceX is spending like an AI infrastructure company SpaceX’s first quarterly report as a public
Palantir’s commercial business just accelerated hard Palantir shares surged after the company reported a second-quarter
The yen finally got official support Japan and the US jolted the yen out of
