Tune In To Tonight's Fertilizer Debate: How Bad Will It Get?

Oracle & OpenAI Scrap Texas Data Center Expansion Plan, Sending AI Stocks Lower AI-related stocks are sliding late in the New York cash session after Bloomberg News reported that Oracle and OpenAI have scrapped plans to expand the Stargate AI data center in Abilene, Texas, from about 1.2 GW to 2.0 GW. Sources said the expansion was canceled after talks stalled over financing issues and OpenAI's changing demand forecasts. However, the collapse of the Oracle-OpenAI plans has opened the door for Meta, which is now in talks to lease the...

Nuclear Reactor Transported By Air For First Time In 60 Years In coordination with the Department of War and the Department of Energy, Valar Atomics has transported their high-temperature gas-cooled reactor from California to Utah via C-17.  The event marks a major turning point for the nuclear industry, as reactor developers had been seen until this point as just another group of boring construction teams and quiet operators. But the more glamorous side of venture capital funded efforts is starting to make its way into the world of fission. Today, the Department...

Jobless Claims Continue To Show No Signs Of Labor Market Stress Initial jobless claims continue to hover near multi-decade lows, refusing to show any signs of labor market stress. Last week saw 212k American file for jobless benefits for the first time (below the 216k expected). Unadjusted claims tumbled to the lowest since September... Source: Bloomberg Michigan and New York saw the largest drop in initial jobless claims last week while Rhode Island and Oklahoma saw the bigger rise in claims... The number of Americans filing for continuing jobless claims also dropped last week...