Bud Light & Budweiser Continue To Struggle As Dylan Mulvaney Ad Disaster Nears Three-Year Mark

WTI Extends Gains, Shrugs Off SPR Release Amid Crude Build, Dip In US Production Oil prices are higher this morning, shrugging off the well-telegraphed (and practically useless) SPR release. "Oil prices remain volatile and risk sentiment fragile and trading is on the headlines and rapidly evolving conflict in the Middle East," noted Neil Wilson, Saxo UK investor strategist. And while, the main drivers of crude prices remain more global, the domestic supply and demand situation remains noteworthy based on its impact on gasoline (pump) prices. API Crude -1.7mm (+1.1mm exp) Cushing Gasoline -1.8mm Distillates -2.3mm DOE Crude +3.82mm (+1.1mm...

The US Grid Wasn't Built For This Authored by Tejasri Gururaj via Interesting Engineering, Global data center power demand is projected to hit 84 GW by 2027—a 50 percent jump from 2023 levels—with AI workloads accounting for 27 percent of that total, according to Goldman Sachs Research. The grid is strained by increasing demand from electricity-hungry data centers and electric vehicles.Getty Images The grid cannot keep up with AI. For decades, electricity demand grew slowly and predictably, giving utilities comfortable margins to plan capacity years in advance. That model broke almost overnight. Between 2023...

Iran Threatens "Decisive Response" After US Begins 'Self-Defense' Strikes Following Downing Of Apache Helicopter Summary: US begins 'self defense' strikes against Iran Iran threatens retaliation after US retaliatory strikes Trump says 'US must respond' after Iran downed Apache over Strait  Trump says Washington and Tehran are in the "final throes" of cementing a deal, "two or three days" Iran shoots down US Apache helicopter over Strait, crew safe Despite Trump calls for Israeli ceasefire, casualties are rising in southern Lebanon So much for the early hopes of an imminent deal... US Begins "Self Defense" Strikes Against Iran, Iran Threatens...