Geopolitical events in the Middle East and Ukraine are squeezing global petroleum product markets. A Bank of America analyst warns that a 'thinning cushion' could lead to non-linear price spikes, with diesel and gasoline prices already showing considerable strength.
The tape Bloomberg Surveillance · Jul 21
“It's a thinning cushion, John, And I'm increasingly worried that these tensions could eventually turn what's been relatively orderly market where prices have moved in a linear fashion more or less, and we end up being pushed into a nonlinear event, meaning that rather than just steady movements, we started to see spike key behavior.”
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Bloomberg Surveillance · Special Edition: Nvidia CEO Jensen Huang on Investing in South KoreaJul 25
Jensen Huang revealed a massive business partnership involving memory purchases and AI supercomputer sales, even as he admits Nvidia is 'constrained in just about every part of the supply chain,' from HBM memories to construction workers.
Marketplace · A year later, is Trump’s investment in Intel… a win-win?Jul 24
Intel reported its largest sales increase in over 15 years, driven by a surge in data center demand for AI computing. The turnaround is a win for American taxpayers, whose stake via the CHIPS Act is now worth roughly $40 billion.