Trump Says Venezuelan Oil Will Be Used to Fill US Strategic Reserve

The Next Commodity Supercycle Has Already Started Authored by Chris Macintosh via InternationalMan.com, The world rotates between two sectors: technology and energy. You have to turn the lights on or nothing happens. You need both the lights and the energy to power them. No lights, only energy? Nothing. Lights with no energy? Nothing. Essentially you have to innovate or you never progress. Markets tend to rotate between those two broad sectors accordingly. Go back to the height of the energy boom in 2013 and 2014. You couldn’t give Microsoft away. Energy, on the other...

Trump, Xi Put Hormuz, Iran, Trade, Taiwan At Center Of Historic Beijing Summit President Trump and Chinese President Xi Jinping are currently seated at the main table at a state banquet. President Xi called the visit historic, and said U.S.-China ties are "stable" amid talks with Trump's team. President Xi offers a toast at the state banquet dinner in Beijing: "To the bright future of China-U.S. relations, and the friendship between the two peoples, and to the health of President Trump and all of the friends present." pic.twitter.com/VmJeU4Xk1f — Rapid Response 47...

Celsius Shares Crash As Revenue Misses Estimates Celsius Holdings, the Florida-based beverage company with a portfolio of some of America's top-performing energy drinks, reported weaker-than-expected second-quarter results, as revenue, adjusted earnings, and profitability missed Wall Street estimates. Second-quarter adjusted earnings fell to 36 cents per share from 47 cents a year earlier, below the 41-cent Bloomberg Consensus estimate. Revenue increased 11% to $817.9 million but missed the $872.6 million estimate, with North American sales of $790.7 million also falling short. Profitability deteriorated despite sales growth. Gross margin narrowed to 48.1% from...