Elon Musk’s AI Company Secures $200M Pentagon Contract After Months of Reducing Federal Deals and Launches New Division for Government Contracts
Elon Musk spent months slashing federal contracts — Now his AI company is celebrating a $200M Pentagon contract and new unit to get government business Elon Musk’s xAI has signed an important new customer: the U.S. government. The two-year old AI company—most recently in the news when its chatbot praised Hitler—said in a blog post […]
BlackRock’s Assets Reach All-Time High of $12.53 Trillion Thanks to Second-Quarter Market Rally
BlackRock’s assets hit record $12.53 trillion on second-quarter market rally (Reuters) -BlackRock’s assets under management hit a new high in the second quarter as global markets rallied on the prospect of trade deals and interest-rate cuts from the U.S. Federal Reserve, brushing aside earlier tariff-related jitters. Shares of the company rose 1.1% in premarket trading. […]
Oil and Gas Equipment Service Market Projected to Grow at a CAGR of 1.64%
Oil Gas Equipment Service Market to Expand at a CAGR of 1.64% Oil Gas Equipment Service Market The Oil and Gas Equipment and Services Market was valued at USD 793.87 billion in 2024, based on recent estimates. The market is projected to grow from USD 806.90 billion in 2025 to approximately USD 934.29 billion by […]
Gold Surges After New Tariff Threats Emerge
Gold opens strong after new tariff threats Gold (GC=F) futures opened at $3,376.50 per ounce Monday, up 0.6% from Friday’s close of $3,356. This was the highest opening price of gold in nearly a month. Gold opened above the $3,400 threshold on June 16, 2025. Gold’s stronger opening follows another wave of heated tariff rhetoric. […]
A $100 Billion Enigma: Economists Investigating Tariffs and Inflation Unravel the Mystery
A $100 billion mystery is unfolding on tariffs and inflation and economists are cracking the case Since the first weeks of President Donald Trump’s second term, when the president signaled a wholesale reimagining of the international trade system on a scale not seen in decades, mainstream economists have warned that prices would surge. The mantra, […]
Digital Twin Technology in the Oil and Gas Sector: Growth Projections for 2025-2032
Digital Twin in Oil and Gas Industry Sector Rises 2025-2032 | Digital Twin in Oil and Gas Industry Global Digital Twins in the Oil and Gas Market reached US$ 1.2 billion in 2024 and are expected to reach US$ 2.81 billion by 2032, growing with a CAGR of 11.20% during the forecast period 2025-2032. The […]
SCP Observes West African Explorers Approaching ‘Sweet Spot’
A November 2023 view of the core yard area at the Afema site. Credit: Turaco Gold. New West African gold explorers are advancing projects as they aim to capitalize on high prices and growing interest from mid-tier producers, SCP Resource Finance says in a new report. Published Friday, the report spotlights Turaco Gold (ASX: TCG) […]
This Week’s Viewing Picks
What to watch this week Stocks are back near record highs, but a flurry of trade announcements, deals, and extensions kept investors on their toes last week. In the week ahead, a busier economic and earnings calendar will offer them more to chew on. Inflation data out Tuesday morning will set the economic agenda for […]
How the Nearly Record-High Market Has Weathered Trump’s Resurgence in Tariff Policies
Why the near-record high market has taken Trump’s renewed tariff blitz in stride The S & P 500 pulled back from record highs on Friday as investors dealt with this week’s renewal of tough tariff rhetoric from President Donald Trump. In a series of letters, the White House informed a slew of U.S. trading partners […]
Groups Oppose Kern County’s Accelerated Approval of New Oil and Gas Drilling Permits
Groups Condemn Kern County’s Fast-Tracking of New Oil & Gas Drilling Permit Applications BAKERSFIELD, CA–In a setback for climate justice advocates, Kern County’s Board of Supervisors on June 26 voted to approve changes to a zoning ordinance that fast-tracks the approval process for tens of thousands new oil and gas drilling permit applications county-wide. The decision takes […]