"We've Burned Through All Buffers": Oil Traders Warn Market Running On Fumes

In Charts: US Does Not Rely On Strait Of Hormuz Oil While Asia Stands To Lose Authored by Sylvia Xu via The Epoch Times (emphasis ours), The Strait of Hormuz has been called the jugular vein of the world’s oil supply, and as Operation Epic Fury continues, Iran continues to have a chokehold on the critical supply route. About one-fifth of the world’s oil and gas is typically shipped through the narrow waterway connecting the Persian Gulf to the Arabian Sea. But Iran’s attacks on commercial vessels have brought traffic through the strait...

Beyond AI: NASA And DOE To Push Nuclear Power Into Space NASA and the Department of Energy signed a new space nuclear agreement Thursday, putting another piece of Washington’s reactor ambitions on paper while private developers race to meet some of the near-term goals. The nuclear energy renaissance story has been increasingly linked to the buildout of data centers for AI. NASA is reminding folks that ChatGPT is not the only customer for fission. We’re getting America underway on nuclear power in space and ushering in the era of a Nuclear NASA....

Heavily Shorted Rumble Soars After Landing "Largest Customer Commitment To Date" In $270M AI Cloud Deal Shares of the free-speech video platform and cloud-services company Rumble soared in premarket trading after it announced in an 8-K filing that it had signed a multi-year, $270 million deal with a third-party cloud customer for dedicated GPU cloud capacity powered by Nvidia Blackwell B300 systems. The deal, announced Thursday morning, is Rumble's largest customer commitment to date and signals the video platform's push deeper into AI infrastructure and cloud computing services. "Rumble entered into a...