In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA) and other AI stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below. *Stock prices used were the post-market prices of April 13, 2026. The video was published on April 13, 2026. Continue reading
In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA) and other AI stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below. *Stock prices used were the post-market prices of April 13, 2026. The video was published on April 13, 2026. Continue reading
China processed less crude oil last month, as refiners cut run rates to conserve supplies snarled by war in the Persian Gulf. Aluminum , another commodity heavily affected by the conflict, saw production rise as smelters took advantage of record margins and the opportunity to plug a global shortfall of the metal. Refining output fell in March by 2.2% year-on-year to 61.67 million tons, according t...
China processed less crude oil last month, as refiners cut run rates to conserve supplies snarled by war in the Persian Gulf. Aluminum , another commodity heavily affected by the conflict, saw production rise as smelters took advantage of record margins and the opportunity to plug a global shortfall of the metal. Refining output fell in March by 2.2% year-on-year to 61.67 million tons, according to the statistics bureau on Thursday, with the decline compounded by the industry’s seasonal maintenance schedules. Aluminum increased 2.7% to 3.85 million tons, close to record levels. Much of the additional metal is likely destined for overseas , to compensate for production losses in the Middle East, which accounts for about 9% of the global total. The data for March captures the first wave of a supply shock that’s testing China’s vaunted energy resilience, forcing factories to bear higher overheads in power, packaging and shipping costs. Still, China’s economic growth rebounded more than expected in the first quarter, suggesting limited spillover so far from the war in Iran. Oil-related sectors are feeling the strain. In recent weeks, petrochemicals makers have had to curtail operations because of a lack of feedstock. State oil refiners are tapping into commercial stockpiles , while smaller, independent outfits have been told to maintain fuel production even if it means losing money . Exports of oil products have been curbed. In addition to its rapid adoption of renewables, Beijing has insisted on raising fossil fuel production in recent years to meet its energy security needs, an effort made all the more pressing by events in the Persian Gulf. The data for March showed continued gains in natural gas and crude oil, and steady coal output. Among other major commodities, steel output continued to fall as mills adjust to structurally weaker demand. The biggest problem has been the collapse in the property market, but now exports are falling too, with shrinking volumes also ...