Ukraine Donor Fatigue: Half Of Countries Withdraw From Czech Ammunition Initiative

Futures Drop As Oil, Yields Rise On Relentless War Headline Ping-Pong Futures are lower but well off session lows, as overnight headlines induced another bout of aggressive choppiness: those headlines include strikes on Iranian gas facilities, Saudi and UAE considering entering the war, Iranian lawmaker ruling out US negotiations, and then reports of Iran / Egypt discussions on the region pointing toward mediation.As of 8:00am ET, S&P futures were down 0.2%, but moves are staggered jittery and extremely illiquid, and swung earlier between gains and losses. Nasdaq futures are down...

Corning Shares Erupt On Nvidia Deal To Supercharge Fiber Optics Output By 10x U.S.-based glass company Corning soared in premarket trading in New York after announcing a new mega deal with Nvidia to expand manufacturing capacity for fiber optic production used in AI data centers. "Corning will increase its U.S.-based optical connectivity manufacturing capacity by 10x and expand its U.S. fiber production capacity by more than 50% to meet the accelerating demand driven by AI factory buildouts," Nvidia wrote in a press release.  The expansion includes three new manufacturing plants in...

Europe's Electrification Dream Is Hitting A Wall Authored by Gisele Widdershoven via OilPrice.com, Europe’s electrification strategy is ambitious but constrained by lagging grid infrastructure, creating bottlenecks that are already delaying industry and investment. Massive funding needs—running into trillions—combined with regulatory complexity and slow buildouts are exposing a gap between policy ambition and physical reality. Without better coordination, prioritization, and financing, Europe risks higher costs, weaker competitiveness, and a stalled energy transition. The message given by Ursula von der Leyen to electrify the European economy is strategically coherent, politically appealing, and, on the surface, even...