Gold Technical Update: Positioning for a Possible Bullish Breakout Ahead of US CPI Release
This is a follow-up analysis of our prior report “Gold Technical: The recent sell-off may have reached a potential bullish reversal level at US$2,353” published on 26 July 2024. Click here for a recap. Since our last publication, the price actions of Gold (XAU/USD) have managed to stage a rebound above the US$2,353 bullish reversal […]
Saipem’s Pre-Qualification for A&E Project in Libya Signals Progress in Gas Monetization Efforts
Saipem Pre-Qualifies for Structures A&E Project as Libya Advances Gas Monetization Drive Italian multinational oilfield services company Saipem announced it has pre-qualified to carry out EPCC works for Production Platform E – part of the $8-billion Structures A&E Development Project – during the Libya-Italy Roundtable and VIP Networking Event in Rome on Monday. Led by […]
New Metrics Released by IEA, UNEP, and EDF to Monitor Oil and Gas Companies’ Progress on Methane Commitments
IEA, UNEP, and EDF announce comprehensive metrics to report action and measure progress by oil and gas companies on methane commitments Despite years of public pledges by oil and gas companies, methane emissions and flaring from the industry’s operations remain at near record levels. To support efforts to address this problem, the International Energy Agency, […]
Intel Fair Value Estimate Remains Steady Despite…
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We intend to maintain our $21 (C$28.40) fair value estimate for no-moat Intel INTC and $180 (C$243.41) for narrow-moat Qualcomm QCOM following The Wall Street Journal’s report on Sept. 20 that Qualcomm “made a takeover approach to rival Intel in recent days.” No deal price was discussed in the report, and we agree with the Journals assessment that there would […]
AE Elemental Launches New Recycling Facility in Poland
In a significant stride towards sustainable electric vehicle (EV) practices, AE Elemental—an innovative partnership between the U.S.-based Ascend Elements and Poland’s Elemental Strategic Metals—has launched a state-of-the-art lithium-ion battery recycling facility in Zawiercie, Poland. As the demand for electric vehicles escalates, the need for eco-friendly battery recycling processes becomes increasingly paramount, particularly in light of […]
U.S. Invests $3B+ in EV Battery Production, Escalating Critical Minerals Race with China (Technology Metals Report, Sept. 20, 2024)
(Technology Metals Report, Sept. 20, 2024) The critical minerals sector is undergoing significant transformations globally, with nations racing to secure their supply chains and reduce dependence on dominant players. This article explores recent developments in the industry, from major government investments to new mineral discoveries and international collaborations, highlighting the complex interplay of economic, environmental, […]
California Leads in AI Regulation, Despite Governor Newsom’s Uncertainty on SB1047
California is leading the way on AI regulation—but Governor Gavin Newsom is still unsure about SB1047 Hello and welcome to Eye on AI. In this edition…California takes the reins on AI regulation, LinkedIn quietly starts training its AI on user data, and new research shows how generative AI is guzzling up water and electricity on […]
UN report warns that Big Tech and rich nations are taking over AI development
AI development is being hijacked by Big Tech and rich nations, UN report warns Artificial Intelligence (AI) is often regarded as the modern-day equivalent of electricity, powering countless human interactions daily. However, startups and developing nations face a clear disadvantage as Big Tech companies and richer nations dominate the field, especially when it comes to […]
Zijin Commits to Continued Investment in Canadian Mining Amid Crackdown
“Canada has some of the best mineral exploration companies in the world,” he said. “As world leaders, I believe it’s in our best interests to work together.” Canadian Prime Minister Justin Trudeau’s government has sought to restrict mining deals involving foreign state-owned entities for nearly two years in efforts widely seen as targeting China’s dominance […]
The Best 3 EV Charging Stocks to Invest in This Summer: 2024 Edition
For many years, the electric vehicle (EV) industry, including EV charging stocks, has been plagued by two main adoption obstacles. Those include cars looking awkward and high upfront cost. Tesla (NASDAQ:TSLA) largely changed the shift for the former. But battery costs are still exerting a heavy toll on people’s EV perception. Nonetheless, fans of quiet […]