Monthly Archives: July 2025

Electric Trucks Surge in China: Market Share Booms, Diesel Demand Plummets

Electric-powered heavy trucks are rapidly gaining market share in China, driven by subsidies and the quick rollout of chargers, further curbing diesel usage and denting oil demand from the world’s biggest crude importer. The boom in electric truck sales in China follows that of electric cars and the rise in recent years of LNG-powered heavy […]

Cerebrium Secures $8.5 Million Seed Round to Scale Multimodal AI Applications

AI infrastructure startup Cerebrium has secured an $8.5 million seed round led by Gradient Ventures, with participation from Y Combinator and Authentic Ventures. Founded in Cape Town by CEO Michael Louis and CTO Jonathan Irwin, and headquartered in New York, Cerebrium provides a platform for engineering teams to build and scale multimodal AI applications, including […]

Unveiling the True Cost: The Rapid Expansion of AI Data Centers Across America

Breaking down the true cost of AI data centers’ rapid growth across America In This Article: AMZN This post originally appeared in the BI Today newsletter. You can sign up for Business Insider’s daily newsletter here. Welcome back to our Sunday edition, where we round up some of our top stories and take you inside […]

OPEC+ Agrees to Accelerate Oil Production by 548,000 bpd in August

OPEC+ has agreed to raise oil production by 548,000 barrels per day (bpd) in August, marking a significant acceleration in output increases. This decision comes at the group’s first meeting since oil prices surged and then retreated following Israeli and U.S. attacks on Iran. OPEC+, which accounts for about half of the world’s oil production, […]

Q1 Earnings Analysis: DoubleVerify (NYSE:DV) and Key Advertising Software Stocks Performance

Unpacking Q1 Earnings: DoubleVerify (NYSE:DV) In The Context Of Other Advertising Software Stocks Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at DoubleVerify (NYSE:DV) and the best and worst performers in the advertising software industry. The […]

Microsoft and Nvidia: Divergent Paths to $4 Trillion Valuations in the AI Race

Microsoft and Nvidia are on the brink of becoming $4 trillion companies, driven by the surge in artificial intelligence (AI) enthusiasm. However, their paths to this milestone differ significantly. Nvidia’s success is largely attributed to its dominant position in the AI chip market. Any company looking to leverage AI must first purchase Nvidia’s chips, making […]

Microsoft and Nvidia: Divergent Paths to $4 Trillion Valuations in the AI Era

Microsoft and Nvidia are on the brink of becoming $4 trillion companies, driven by the enthusiasm surrounding artificial intelligence (AI). However, their paths to this milestone differ significantly. Nvidia, primarily a chip manufacturer, has seen explosive growth as companies worldwide require its chips for AI applications. Its annual sales have surged more than tenfold over […]

Mark Cuban Predicts AI Will Create the Worlds First Trillionaire

Mark Cuban believes AI could create the world’s first trillionaire, potentially someone working independently. In a recent “High Performance” podcast episode, Cuban highlighted that AI’s capabilities are still in their early stages and will continue to evolve, making life more interesting and beneficial. He compared the current AI boom to the early adoption of computers […]

Barclays Raises Brent Oil Price Forecast Amid Improved Demand Outlook and Geopolitical Stability

Barclays has increased its Brent oil price forecast to $72 per barrel for 2025, up by $6, and to $70 per barrel for 2026, up by $10, due to an improved demand outlook. The bank noted that geopolitical tensions have eased with the U.S.-mediated ceasefire between Israel and Iran holding, leading to a reduction in […]

Saudi Aramco Considers Selling Gas-Fired Power Plants to Raise $4 Billion Amid Economic Diversification Efforts

Saudi Aramco, the global oil giant, is reportedly considering the sale of up to five gas-fired power plants, according to three sources familiar with the matter. This strategic move is part of a broader initiative aimed at generating tens of billions of dollars to bolster the company’s financial position. The potential divestment of these assets, […]

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