Big Oil Tankers Abruptly U-Turn Toward Hormuz Ahead Of US-Iran Peace Deal Signing

PJM Targets 15 Gigawatts Of New Power To Feed Data Center Boom PJM Interconnection, operator of the largest power grid in the United States spanning 13 states and serving more than 65 million people, has launched an emergency proposal to secure 15 gigawatts of new electricity supply, according to Bloomberg. The move aims squarely at the surging AI data center demand, which has pushed the regional grid to its limits. The plan calls for bilateral negotiations to pair proposed data centers with new power plants. PJM will begin gauging interest from developers and generators...

The IPO Boom: Where Will The Money Come From? Authored by Michael Lebowitz via RealInvestmentAdvice.com, The media hype surrounding SpaceX’s upcoming mid-June initial public offering (IPO) is immense. The company recently filed its S-1 with the SEC, targeting a valuation of $1.75 trillion and a capital raise of up to $75 billion. Some believe its valuation could rise to $2 trillion after the IPO. In its wake, Anthropic (Claude) and OpenAI (ChatGPT) confidentially submitted IPO registration statements to the SEC. Expectations are that both AI model companies will enter the market...

America's Military Readiness Depends On Deployable Nuclear Power Authored by James Durso via RealClearDefense.,com, For decades, energy policy in Washington was debated on the basis of economics, climate change, and domestic politics. That era is over. The United States is entering a period where energy security must be recognized as a core pillar of national security and military readiness. The global competition underway with China is not just about trade or tariffs. It is about industrial capacity, technological dominance, artificial intelligence (AI), semiconductor manufacturing, and defense production – all of which depend on a...