China's Two-Front Squeeze On America's AI Build-Out

Exxon & Chevron Shares Jump After Big Q1 Earnings Beat The impact of the war in Iran is on full display this morning in the earnings of two oil giants - Chevron and Exxon Mobil - as both smashed earnings expectations (despite sizable production outages). Ahead of the results, Exxon and Chevron had both flagged major reductions in 1Q earnings due to “timing effects,” or paper losses on derivatives tied to cargoes that had not yet reached their destinations before the end of the quarter. These accounting charges are expected to fully unwind...

The Mamdani Grocery Grift: NYC Mayor Sells Taxpayers A Bill Of Goods On City-Run Stores Authored by Jonathan Turley, Last week, Mayor Zohran Mamdani’s short stint as a faux president ended with an embarrassing acknowledgment that he could not, as promised during his campaign, arrest Israeli Prime Minister Benjamin Netanyahu. So, this week, Mamdani the Grocer made a reappearance, with details on the five city-run grocery stores that he will open. But rather than deliver discount groceries, Mamdani is selling New Yorkers a bill of goods that will cost them millions. What Mamdani described...

The Russian Defense Ministry said on Wednesday that its forces intercepted 502 Ukrainian drones over multiple Russian regions as the Ukrainian military continues launching massive US-backed drone swarms into the country. Much of Ukraine’s attack focused on Novorossiysk, a Russian Black Sea port city in the Krasnodar Oblast, where local Russian officials said at least […]