US Navy May Escort Tankers Through the Strait of Hormuz

Three Key Constraints That Could Derail The Data Center Buildout Story The data center investment macro story centers on hyperscalers such as Microsoft, Alphabet, Meta, and Amazon Web Services, whose massive cloud computing services are becoming the backbone for AI workloads, including ChatGPT and others. However, as we've previously noted, the data center buildout has run into supply-chain snarls, including memory chip shortages, power-grid constraints, and even a shortage of turbine blades for natural-gas generators. The data center boom powering the AI revolution is certaintly impressive to watch unfold, but it...

Goldman Sachs The Latest Firm To Ditch DEI Hiring Criteria Goldman Sachs is the latest firm to scrap the DEI scam from its board policies. In fact, the bank is preparing to strip race, gender identity, sexual orientation and other demographic factors from the guidelines used to evaluate potential directors, according to people familiar with the plans who spoke to the Wall Street Journal. Which begs the question to begin with: why were we ever picking directors based on race and gender identity? Isn't that...racist? The Journal wrote that Goldman's governance committee currently considers...