By 7 a.m. Eastern Time today, oil had reached $83.64 per barrel, measured using the Brent benchmark. That’s 8 cents less than it cost yesterday morning and about $16.10 above its price a year earlier. Oil price per barrel % Change Price of oil yesterday $83.72 -0.09% Price of oil 1 month ago $72.25 +15.76%
Residents of a rural Texas county say they want more control over the gigantic AI infrastructure projects sprouting in their backyards. Nearly 900 residents of Grimes County, the site of Elon Musk’s planned 100-million-square-foot Terafab semiconductor factory, signed a petition calling for more stringent regulations on large infrastructure projects that receive public incentives. The residents
Zach Dell’s goal is to install a Base Power home battery system in every backyard in America—and in Europe and beyond for that matter—so it’s fair to say there’s a lot of room for growth. The son of legendary Dell Technologies founder Michael Dell, Zach has already made a name for himself in his own
As leveraged exchange-traded funds draw growing scrutiny, JPMorgan Chase CEO Jamie Dimon is pointing to a broader risk across markets. “Market leverage is pretty high,” Dimon told CNBC in an interview aired on Wednesday. “When you have that, you do have a higher chance that something will disrupt the market in a quick way and
A lot has changed since college athletes began earning compensation in 2021. A small percentage have become rich due to their talent and marketability. The vast majority, however, have earned much more modest additional income, if any at all. But one thing hasn’t changed: Opponents of college students cashing in on marketing their name, image
Uber is shutting the door on its infamous tokenmaxxing era. In a Wednesday X post, Uber CTO Praveen Neppalli Naga said the company is seeing some “very interesting trends on AI costs,” and that this was “another signal that we’re coming to the end of the so-called ‘tokenmaxxing’ era.” Tokenmaxxing is an enterprise AI trend
