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Trump's Venezuela Oil Push Hits A Roadblock
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,...
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Mar 13, 2026 / Tyler Durden
META Delays AI Rollout Because It Sucks, May License Gemini; Musk Reboots xAI 'From The Foundations Up'
META Delays AI Rollout Because It Sucks, May License Gemini; Musk Reboots xAI 'From The Foundations Up'
Mark Zuckerberg bet the farm on AI supremacy, and this year's crop is infested with bugs.
According to a new report, Meta has quietly pushed back the launch of its next-generation foundational AI model, internally code-named Avocado, from this month until at least May. The reason? Internal tests showed it underperforming on key benchmarks for reasoning, coding, and writing - trailing rivals like Google's Gemini 3.0, even as it beat Meta's own prior efforts and...
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May 1, 2026 / Tyler Durden
DOJ Probes 36 Illinois School Districts Over Sexual Orientation Content In Pre-K–12 Classes
DOJ Probes 36 Illinois School Districts Over Sexual Orientation Content In Pre-K–12 Classes
Authored by Naveen Anthrappully via The Epoch Times,
The Department of Justice’s (DOJ) Civil Rights Division has launched multiple investigations into 36 Illinois public school districts to assess whether sexual orientation and gender ideology content is being taught in pre-K-12 grade classes.
If the districts are determined to be teaching sexual orientation and gender ideology-related content, “the investigations will examine whether the schools have notified parents of their right to opt their children out of such instruction,” the DOJ...
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Jul 26, 2026 / Tyler Durden
The AI Capex Bill Comes Due
The AI Capex Bill Comes Due
Authored by Lance Roberts via RealInvestmentAdvice.com,
The S&P 500 spent most of the year riding above its 50-day moving average, and we have warned for the last couple of weeks that a break lower would be worth paying attention to. That break occurred on Thursday, as the index closed the week at 7,411.98, roughly 0.8% below the 50-DMA at 7,467, marking its first decisive break below that line in months.
Momentum has clearly rolled over. The 14-day RSI sits in the mid-40s, below the neutral 50...
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