Futures Rebound, Oil Pares Gain After Iran Declares End To Military Operations

Trump's Venezuela Oil Push Hits A Roadblock Venezuela's long-awaited oil revival has been slower than many in Washington anticipated., according to the Wall Street Journal. Seven months after Nicolás Maduro's removal, negotiations between the interim government and major U.S. energy companies remain bogged down, with no landmark investment deals despite the country's vast crude reserves. Rather than rushing back into the country, firms such as ExxonMobil and Chevron are taking a cautious approach. Executives remain wary of Venezuela's history of nationalizing foreign assets, unresolved compensation disputes dating back to the Chávez era,...

'Caution Is Warranted': Ed Dowd Warns Wall Street's AI CapEx Party Is Ending Authored by Ed Dowd via 'Beyond The Narrative' substack, The signs are piling up faster than the hype can spin them. AI capex has been the rocket fuel for markets, but the second derivative is turning. Factors ending the party: Private credit stalled — flows reversing, redemptions surging, industry effectively paused. Enterprise demand cracking — ROI skepticism, token costs biting, data/alpha extraction backlash. Power constraints hitting hard — the grid can’t scale without massive, long lead time builds or dystopian reallocation. Open-source pressure — Chinese based...

Air Force Engineer Accused Of Cutting Down AI Cameras Becomes Unlikely Hero, Raises Thousands For Legal Defense A U.S. Air Force engineer charged with allegedly destroying a series of AI-powered license plate surveillance cameras has become an unlikely cause célèbre among privacy advocates, drawing thousands of dollars in donations to help fund his legal defense, according to Yahoo News. Jeffrey Sovern, a 41-year-old Air Force engineer and mechanic from Virginia, is accused of cutting down multiple Flock Safety license plate reader cameras. He now faces 13 counts of destruction of property,...