Author: franperez66q@protonmail.com

Vessels in the Strait of Hormuz, Musandam, Oman, May 8, 2026. Stringer | ReutersThe world’s energy system will change in big ways as a result of the Iran war, the CEOs of key oil and gas companies told investors on their earnings calls over the past two weeks.Iran’s blockade of the Strait of Hormuz has resulted in the loss of nearly a billion barrels of oil, with the shortage growing worse every day the sea lane remains closed.The disruption has demonstrated the fragility of the global energy system, said Olivier Le Peuch, CEO of the big oilfield services company SLB.…

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Nvidia founder and CEO, Jensen Huang, speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 4, 2026. Patrick T. Fallon | AFP | Getty ImagesNvidia stepped on the gas last year, putting cash into companies up and down the AI infrastructure stack and helping to fund businesses that could turn around and buy the chipmaker’s technology. It’s been a lucrative endeavor, as the company’s $5 billion bet on Intel is now worth over $25 billion, a historic return in a matter of months. In 2026, the pace of deals has…

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USA

BECKY QUICK:  We are sitting down right now with Warren Buffett, the chairman of Berkshire Hathaway, who, for the first time in 60 years, has been watching all of this from the audience instead of being onstage.And last year at this time, Warren, you surprised everyone with the announcement that you were stepping down as CEO.Fast forward a year and here we are. What do you think?WARREN BUFFETT:  Well, I think it’s all working. It’s all working.It isn’t our ideal surrounding area — or environment, I should say — in terms of deploying cash for Berkshire.But in terms of how…

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Used cars are offered for sale at a dealership on July 11, 2023 in Chicago, Illinois.Scott Olson | Getty ImagesThe head of one of the nation’s largest auto finance lenders isn’t overly concerned about rising consumer automotive debt and inflated used car prices leading to longer loans on vehicle purchases.His main reasoning? The percentage of income consumers are spending on their vehicles has remained relatively flat compared with 2019, before the coronavirus pandemic led to inflated pricing as demand surged but inventories stayed low.”If I just told you, ‘Car prices going up, interest rates going up, insurance prices going up,’…

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Cook attributes the desktop shortages in part to demand from AI enthusiasts running models locally on Mac hardware—Apple Silicon’s low power usage, good performance, and unified memory pool accessible by both the CPU and GPU have made them popular among these buyers. Combine that with the fact that replacements for these computers are reportedly due soon and that Apple often winds down production of old models before introducing new ones, and you have a recipe for extreme shortages. MacBook Neo 4/2026 days to ship 5/2026 days to ship 256GB, Silver 15-23 15-23 512GB, Silver 15-23 15-23 256GB, Blush 15-23 15-23…

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A huge art work banner newly posted on the corner of Vali Asr Square depicts Iranian missiles with messages addressing Minab schoolgirls and victims of Epstein Island on March 17, 2026 in Tehran, Iran. =Kaveh Kazemi | Getty ImagesThe U.S. is imposing sanctions on companies and individuals across the Middle East and China for allegedly helping Iran in its war efforts, the State Department said.The moves target 11 entities and three individuals based in Iran, China, Belarus, and the United Arab Emirates, the department said in a statement late on Friday.”Included in today’s actions are several China-based entities providing satellite…

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