...the balance of risks tilted toward a rally, citing crowded bearish positioning, improving inflation data, and overstated Fed Credibility concerns...

...energy costs down, portfolio management fees soaring...

...greater demand for open-source models is an issue for the margins of AI labs such as OpenAI and Anthropic, but it is not an issue for Nvidia, as Jevons’ paradox implies that total demand for compute will keep rising. 

“What’s really going to matter here is the guide. And it’s not the growth that’s the question, but the rates at which that growth is either accelerating or decelerating.”

Colombians must come first, second and third...

...The UK!?

If Canada opts to reduce or eliminate electricity exports to New England, the impact would be largely financial - at least under typical weather conditions, according to the region’s grid operator...

"It seems crude is now beginning to price in a sooner rather than later peace deal." 

Former Ukrainian Defense Minister Mykhailo Fedorov emerges as high-profile, pro-democracy voice

Kremlin spokesman Dmitry Peskov warned it was too early to determine whether the meeting could help pull ... 

Most data center developers opting for on-site gas power say that they see it as a “bridge” solution until a grid connection is secured. Yet economics may favor keeping those assets running even after grid power becomes available...

During the French Revolution, authorities in Paris turned to "a series of ventures in price-fixing and food control" to ensure people did not go hungry. It didn't work as planned.

Imagine enjoying the fruits of American life for years only to wake up one day in a country known for cannibalism...?  

European infrastructure stocks are increasingly rewarding investors with exposure to two key regional themes: defense independence and shelter from AI-driven shocks in the US.

Eases sanctions on Damascus for first time in 47 years...

• Crude futures extended their declines after falling around 5% yesterday as geopolitical developments appeared more constructive.
• Iran's Deputy Foreign Minister said US minesweepers are very good targets if they enter the region.
• APAC stocks were mostly in the green following the gains on Wall Street, where sentiment was underpinned amid Strait of Hormuz optimism, lower oil prices and a drop in yields.
• US equity futures were indecisive following recent gains and as participants brace for NVIDIA earn