"Early Signs Of A Turn In US Consumer Discretionary," UBS Says

Colonial Restarts Largest U.S. Gasoline Pipeline After Georgia Damage Summary: Colonial Pipeline's Line 1 flows were restored after the damaged section was repaired in Georgia. Colonial Pipeline's Line 1 halted operations on Thursday night after a third-party work crew caused damage in Paulding County, Georgia. Colonial Pipeline's Line 1 Flows Restart   The good news for U.S. East Coast drivers is that Colonial Pipeline's Line 1 did not suffer a prolonged shutdown. Flows on the nation's largest gasoline pipeline, which runs from Texas to New York, resumed within hours after a third-party work crew damaged...

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...