TUESDAY, FEBRUARY 20, 2024
Oil
U.S. Oil Boom Begins to Weaken
The U.S. shale boom that helped stabilize oil prices is losing momentum, with crude oil output expected to have its smallest annual increase since 2016 due to declining prices, acquisitions by larger companies, and a decrease in drilling activity.
WEDNESDAY, FEBRUARY 21, 2024
Economy
Wall Street Is Shrugging Off Data Showing U.S. Economy Is Too Hot
Despite reports indicating an overheating U.S. economy, investors remain optimistic about growth and anticipate potential interest rate cuts by the Federal Reserve.
THURSDAY, FEBRUARY 22, 2024
Economy
Food Takes Bigger Bite Out of Wallets
Food prices in the United States continue to rise, with restaurants and grocery costs increasing, leading to consumers finding ways to cope and food companies feeling the impact of rising labor costs and expensive ingredients.
THURSDAY, FEBRUARY 22, 2024
Economy
Say Goodbye to Dirt Cheap Canadian Oil
The expansion of the Trans Mountain pipeline in Canada will allow more access to global markets for Canadian oil, impacting U.S. refiners who have benefited from the artificially cheap oil, with West Coast refiners benefiting from cheaper shipping costs and inland refineries facing challenges due to limited access to other heavy crude types.
FRIDAY, FEBRUARY 23, 2024
Green-energy
Heat Is the New Hot Climate Play
Investors are pouring millions into startups developing heat batteries that can store renewable energy and replace fossil fuels in industrial processes.
FRIDAY, FEBRUARY 23, 2024
Artificial intelligence
Nvidia’s AI Party Is Far From Over
Nvidia surpasses expectations with strong earnings and revenue growth, indicating continued success in the artificial intelligence market despite concerns over competition and market volatility.
SATURDAY/SUNDAY, FEBRUARY 24 - 25, 2024
Artificial intelligence
Red-Hot Nvidia's Valuation Touches $2 Trillion
Nvidia's market capitalization reaches $2 trillion due to its dominant position in the GPU market and its role in powering the AI revolution, making it the third company after Microsoft and Apple to achieve such a valuation, with voracious demand for GPUs driving the growth and propelling the company's shares to new heights.