The #1 AI Energy Stock of 2025 Dear Reader, Nvidia CEO Jensen Huang didn’t mince words. After Nvidia’s latest earnings call, Huang said AI now requires “100 times more” power. Chip giant AMD’s Chief Executive Lisa Su agrees. She declared that the need for more power is already “orders of magnitude higher” than just…
By David Shepardson (Reuters) -U.S. Transportation Secretary Sean Duffy said Tuesday the department has concerns about the use of AI to set personalized airline ticket prices and will investigate if anyone does so. Last week, Delta Air Lines told lawmakers it will not and has not used AI to set prices for individual consumers. “To…
(Reuters) -Tesla’s sales volume in Germany more than halved in July, the German road traffic agency KBA said on Tuesday, although sales of battery electric vehicles rose overall. KBA said Tesla sold 1,110 cars in Germany in July, down by 55.1% from a year earlier. The number of Teslas sold in the January-July period dropped…
By Siddarth S and Akriti Shah (Reuters) -Palantir Technologies shares surged nearly 9% in early trading on Tuesday, after the company lifted its annual revenue forecast for the second time this year, banking on strong demand for its AI-related services from governments and companies. Investors have been betting big on the data analytics and defense…
By David Shepardson (Reuters) – The U.S. Transportation Department is proposing new rules to speed deployment of drones beyond the visual line of sight of operators, a key change needed to advance commercial uses like package deliveries. “We are going to unleash American drone dominance,” Transportation Secretary Sean Duffy said at a press conference on…
Dear Reader, Sell Nvidia. Sounds insane in the age of booming AI chip sales, right? Especially when it briefly became the world’s first $4 trillion company. So, given all the good news… what could possibly go wrong? Well, according to our in–house Global Macro analyst, Eric Fry, Nvidia’s best customers are becoming its biggest…
By Aditya Soni (Reuters) -Tesla has granted CEO Elon Musk shares worth about $29 billion in a new pay deal aimed at keeping the billionaire entrepreneur at the helm during a crucial pivot from its struggling core auto business to robotaxis and humanoid robots. The company described the “interim award” of the 96 million new…
By Maria Martinez WASHINGTON (Reuters) -State institutions should be independent and free from politics, German Finance Minister Lars Klingbeil said on Monday when asked about U.S. President Donald Trump’s firing of the head of the Bureau of Labor Statistics. “I consider this political approach to be wrong and believe that it is right for independent…
By Ann Saphir (Reuters) -San Francisco Federal Reserve Bank President Mary Daly on Monday said that given mounting evidence that the U.S. job market is softening and no signs of persistent tariff-driven inflation, the time is nearing for interest rate cuts. “I was willing to wait another cycle, but I can’t wait forever,” Daly said…
By Pritam Biswas (Reuters) -Class A shares of Warren Buffett’s Berkshire Hathaway fell more than 3% in afternoon trading on Monday, as investors fretted over a $3.8 billion write-down and a dip in quarterly operating profit that the firm disclosed on Saturday. The write-down of Berkshire Hathaway’s 27.4% stake in Kraft Heinz, its second for…
