OpenAI Pauses U.K. Stargate Over "Regulation And Power Costs"

Trump Speaks With Qatar Emir As Pakistani-Led Iran Peace Push Intensifies US-Iran de-escalation hopes drove crude oil and rates lower and put a bid in equities by the end of Friday's trading day, amid speculation that President Trump would stay at the White House over Memorial Day weekend instead of attending Donald Trump Jr. and Bettina Anderson’s wedding celebrations in the Bahamas. "As Iran/oil/rates pressure eased on de-escalation hopes, leadership rotated toward small caps, equal weight, housing, transports, discretionary, and selective defensive growth, with short covering in high short-interest/profitless tech and...

Iran Launches Battlefield Trophy Propaganda Campaign With Captured US Reaper Drone The off-ramp narrative is growing louder. With the US midterm elections quickly approaching, the Trump administration may have reached its "declare victory and leave" moment, shifting from military operations toward a negotiated peace deal, one that must last more than one month. Treasury Secretary Scott Bessent reinforced that possibility earlier, saying the Strait of Hormuz could reopen "today or tomorrow." As US negotiations with Tehran appear to be ongoing, the Iranian semi-official news agency Tasnim has released battlefield trophy propaganda...

Rolls-Royce Bags Third European SMR Deal While Adding Gas-Cooled Reactor Design Rolls-Royce SMR just added its third major European contract. Videberg Kraft, backed by Sweden’s utility Vattenfall, selected the UK design for three units on the west coast, making it Sweden’s first new nuclear plant in more than forty years.  The multibillion-pound export win, actively supported by UK government trade efforts, lands on top of existing deals in the UK and Czechia and makes Rolls-Royce the only SMR developer with multiple binding commitments across the continent. We tracked when the UK advanced...