Oil Rises After Iran Reiterates Nuclear Enrichment Red Line: "No Uranium Has Left The Country"

Tesla And SpaceX To Build Massive "Terafab" Chip Factory In Austin Elon Musk announced that his proposed “Terafab” chip factory will be built in Austin and operated jointly by Tesla and SpaceX, according to Yahoo Finance and Bloomberg. The plan is to start with a smaller, highly advanced fabrication facility capable of producing and testing a wide range of chips, before expanding to a larger operation. Musk argues the semiconductor industry isn’t scaling fast enough to meet his companies’ growing demand for AI and robotics, so he sees building his own supply...

Map Shows Homebuilders Pulling Back Nationwide "Given Limited Visibility To Demand" Even as homebuilders offer mortgage-rate buydowns, closing-cost incentives, and upgraded amenities to attract buyers on the sidelines, clouds of uncertainty continue to build over the housing market. New U.S. single-family permit activity fell again in January, highlighting yet more caution among builders ahead of the spring selling season as they respond to softer demand. Goldman analysts, led by Susan Maklari, provided clients on Friday with a snapshot of homebuilders across America and a housing heat map suggesting continued sluggishness across...

USAF Tests Interceptor Drone To Hunt Iranian Shahed-Style Threat Defense Blog's Dylan Malyasov reports that U.S. Air Force Special Warfare Airmen tested a counter-drone interceptor in Arizona, designed as a low-cost solution against one-way attack drones, such as Iran's Shahed drone.  Malyasov said the Guardian-1 Interceptor from defense startup Powerus was recently tested at the Arizona Army National Guard's Florence Military Reservation and involved Airmen from the 48th Rescue Squadron, 7th Air Support Operations Squadron, and 316th Civil Engineer Squadron EOD. The field training exercise allowed the Guardian-1 Interceptor to intercept...