These Are The World's Biggest Military Drone Exporters

Watch Live: President Trump Holds Press Conference On Iran War Summary:  A Sunday night Axios report on a US-proposed 45-day ceasefire has by Monday morning been rejected by Iran, which later on Monday issued a 10-point letter via Pakistan.  Israel strikes large petrochemical plant at South Pars, which is responsible for half of the country’s petrochemical production. Trump reaffirms Tuesday deadline before vital infrastructure gets attacked as 'final', calls Americans opposed to Iran war 'foolish' - saying it's all about Tehran not getting a nuke. Israel kills experienced longtime head of IRGC intelligence; Iranian missile...

Big Oil Backs Mazama's $135 Million Bet On Superhot Geothermal Mazama Energy announced $135 million in new capital with an oversubscribed Series B that included ConocoPhillips and Shell Ventures. With Devon Energy initially backing Fervo in 2023, a pattern is emerging with oil and gas veterans placing their bets in the geothermal industry.  Some of the techniques developed by the O&G industry are translating well to geothermal projects. Horizontal drilling, well completions, and underground reservoir expertise are finding new purpose in an industry that is far more politically neutral than the...

SpaceX Reportedly Lowers IPO Valuation Target SpaceX is targeting a valuation of at least $1.8 trillion in its upcoming initial public offering, Bloomberg reported, citing people familiar with the matter. This is below an earlier goal of more than $2 trillion. In practice, the initial IPO valuation target is a marketing range, not a final number. Therefore, any valuation shifts ahead of the trading day would not be unusual. This suggests advisers are calibrating the deal to what investors are willing to absorb, especially given the massive proposed raise of...