China To Impose Mining Controls On Strategic Minerals

The AI Trade: Now With Less Circle And More Jerk Submitted by QTR's Fringe Finance As if markets didn’t already have enough to worry about heading into the weekend — an escalating conflict involving Iran, growing stress in private credit, and the ongoing annoyance of positive real interest rates — one of the “AI will solve everything, just add capex” deals that everyone in markets have been quietly laughing about while investing in for the past year has officially started to unravel. According to Bloomberg, Oracle Corporation and OpenAI have scrapped plans to expand...

At least 11 more people have been killed today as Israel continues its airstrikes against Lebanon, with substantial focuses of the strikes being residential areas and a hotel in the Christian-majority part of the capital city of Beirut. The Comfort Hotel, in between Hamzieh and Baabda, was directly across the street from the Sacre Coeur […]

Chevron Lands 20-Year Deal To Power Microsoft's AI Expansion Microsoft has signed a 20-year agreement with Chevron to power a massive new AI-focused data center campus in West Texas, underscoring the growing race among tech companies to secure reliable energy supplies, according to Bloomberg. The project, known as Project Kilby, is expected to begin generating power in 2028 and eventually reach 2.67 gigawatts—enough electricity for more than 530,000 Texas homes. Chevron is developing the project with Engine No. 1 and expects to make a final investment decision later this year. Despite the...