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Microsoft Admits Total Failure in Generative AI Development

Microsoft has undoubtedly doubled down on generative AI, especially after locking in a multi-billion-dollar partnership with OpenAI in 2019. While co-founder Bill Gates was skeptical about the...

California Walks Back Green Energy Policies Due to Spiking Gas Prices

California's green-energy regime has hollowed out the state's refining and oil industry, leaving motorists paying the highest gasoline prices in the country. AAA data...

Exxon Executive Warns of Coming Oil Price Shock

The global energy market is sitting on a powder keg, and the fuse is now measured in weeks, not months. Neil Chapman, Senior Vice President...

New Home Sales Fall to Lowest Level Since 2022

With Case-Shiller reporting existing home price declines in half of America's largest cities, and after two straight months of rip-roaring demand, NAR reports that New Home Sales in...

Lower-Than-Expected Oil Prices Mask Trouble Ahead for Global Energy Markets

I think most energy analysts would have been shocked to learn that roughly three months into a total closure of the Strait of Hormuz,...

Europe Facing Catastrophic Energy Shortage Due to Strait of Hormuz Blockade

Europe could face a critical shortfall in natural gas stocks if shipping disruptions through the Strait of Hormuz persist for another 1-3 months, senior...

Huawei Unveils New Semiconductor, Circumventing American Sanctions

Semiconductor Manufacturing International soared to a record high in China after Huawei unveiled what it described as a breakthrough pathway for advanced semiconductor production...

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