Saudi Aramco CEO: Energy transition is failing, world should abandon ‘fantasy’ of phasing out oil

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The CEO said alternative energy sources have been unable to displace hydrocarbons at scale, despite the world investing more than $9.5 trillion.
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Nvidia nearly doubles revenue on strong AI demand

Nvidia reported earnings after the bell. Here are the results.
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Nvidia says it will sell more of its next-generation Blackwell chips than previously anticipated

Nvidia on Wednesday signaled that Blackwell sales over the next few quarters will be limited by how many chips and systems it can make.
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The 10-year Treasury yield is looming as a potential anchor on stocks

A move above 4.5% for the 10-year Treasury yield could foreshadow a decline for the price of stocks and bonds.
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Comcast’s cable network spinoff may be a signal to the media industry for necessary change

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Saudi Aramco CEO: Energy transition is failing, world should abandon ‘fantasy’ of phasing out oil

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Nvidia nearly doubles revenue on strong AI demand

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