China Flexes Robot Wolves With Machine Guns And A "Collective Brain"

Crude Inventories Have Fallen To "Precariously Low" Levels U.S. crude inventories fell sharply last week as refineries ramped up production to capitalize on higher fuel prices following renewed conflict with Iran, according to Financial Times. Commercial crude stockpiles declined by 7.2 million barrels, while the Strategic Petroleum Reserve (SPR) dropped another 3.8 million barrels. Refineries operated at 97% of capacity nationwide, with some Midwest facilities running at full capacity as exports to Asia and Europe increased. FT writes that the drawdown comes as renewed fighting between the U.S. and Iran continues to disrupt...

Video Game Market Tanks As Studio, Console Stocks Sink ; Can GTA VI Revive Industry? Video game stocks have been battered so far this year, with Electronic Arts the only major name in positive territory and even then only marginally higher. The Roundhill Video Games ETF is down about 14.8% YTD, highlighting industry-wide weakness as investors await a potential revival sparked by Take-Two's release of Grand Theft Auto VI this upcoming fall. The latest report from Bloomberg, citing new data from market research company Circana, shows the video game market in...

Bloomberg reported on Thursday that during the US-Israeli bombing campaign against Iran that began on February 28, Iranian forces destroyed more than two dozen US MQ-9 Reaper drones, or nearly $1 billion worth of the unmanned aircraft. The number represents about 20% of the Pentagon’s MQ-9 inventory. The drones have been used for nearly two […]