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07/08/2026
Brent crude rose 3% during the day, now priced at $81.86 per barrel.
Latest
2 m ago
NVIDIA is considering a radical move to address the shortage of high-end, high-bandwidth memory chips: adopting a lower-than-planned memory configuration for its next-generation graphics processor, Rubin Ultra. According to insiders, NVIDIA has tested at least three versions of the Rubin Ultra graphics card over the past few weeks, with some versions featuring a memory size smaller than the specifications initially announced by the company. One reason for NVIDIA's consideration of lower memory versions is that it may not be able to secure sufficient high-end memory to meet the original designed supply requirements. Reducing the memory will affect chip performance, but NVIDIA can compensate through other means.
3 m ago
ConocoPhillips: Plans to ramp up production capacity for the Qatar project in the third quarter.
3 m ago
Alphabet's massive bond issuance received orders of $115 billion.
4 m ago
According to sources, ExxonMobil (XOM.N) has informed Kazakhstan that the two parties plan to jointly invest $80 billion to expand the development of the Kashagan oil field. However, this potential investment plan depends on whether a longstanding $150 billion dispute between the government and international oil companies can be resolved.
4 m ago
Alphabet (GOOG.O) recently garnered approximately $115 billion in orders for its latest round of large-scale bond issuance, indicating that investors have regained interest in debt related to the AI boom following a recent sell-off. According to informed sources, the demand attracted by this bond issuance exceeded the expected maximum issuance size of $25 billion by four times. This demand surpassed the subscription levels achieved by other recent AI-related bond issuances from companies like Amazon and SpaceX. In order to attract demand, Alphabet offered relatively high issuance discounts to investors.
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