Natural gas traders braced for market turbulence after Qatar reported “extensive damage” to the complex hosting the world’s largest liquefied natural gas facility following multiple Iranian strikes. While shipments from the Ras Laffan site, which typically produces about a fifth of global LNG supply, had already been halted ealier this month due to the war, the latest attacks threaten to keep gas ...
Natural gas traders braced for market turbulence after Qatar reported “extensive damage” to the complex hosting the world’s largest liquefied natural gas facility following multiple Iranian strikes. While shipments from the Ras Laffan site, which typically produces about a fifth of global LNG supply, had already been halted ealier this month due to the war, the latest attacks threaten to keep gas prices in Europe and Asia higher for longer if substantial repairs are required. European gas contracts have already risen more than 70% since the Iran war began at the end of last month, while Asian LNG futures have surged 88%. Futures in the US, which as a major exporter is typically shielded from global price swings, gained as much as 6.3% in early trading Thursday. “We’re yet to know which part of the industrial complex has been damaged, but either way it’s going to be bullish for gas prices when the market opens on Thursday,” said Tom Marzec-Manser, Europe gas and LNG director at consultancy Wood Mackenzie Ltd. The loss of Ras Laffan is quickly tightening the global LNG market, which was forecast to flip into an oversupply this year as new projects begin. This threatens shortages across cash-strapped emerging countries like India and Bangladesh, and slowing industrial activity and higher utility bills from the UK to Japan. Read More: Qatar’s Hard-Won Reputation as Safest Gas Supplier Lost in Days Ras Laffan Industrial City was hit by an Iranian missile late on Wednesday after four others were intercepted, authorities said. A subsequent attack early on Thursday led to a fire. It’s unclear which parts of the complex, also home to an oil refinery, condensate splitters and a gas-to-liquids plant, have incurred damage. The site is effectively cut off from the rest of the world by the throttling of tanker traffic through the Strait of Hormuz following US and Israeli attacks on Iran. Production at Ras Laffan was halted earlier this month after an Iranian drone attack, leading...
Nvidia Corp (NASDAQ:NVDA) is among the best NFT stocks to invest in according to analysts. Nvidia Corp (NASDAQ:NVDA) has teamed up with Palantir to launch a sovereign AI operating system architecture. According to a March 12 press release, this solution is aimed at governments and enterprises with sensitive workflows that require strict measures around data sovereignty, security, and performance. ...
Nvidia Corp (NASDAQ:NVDA) is among the best NFT stocks to invest in according to analysts. Nvidia Corp (NASDAQ:NVDA) has teamed up with Palantir to launch a sovereign AI operating system architecture. According to a March 12 press release, this solution is aimed at governments and enterprises with sensitive workflows that require strict measures around data sovereignty, security, and performance. This architecture is based on Nvidia’s Blackwell Ultra systems. According to McKinsey projections, the global sovereign AI market could hit $600 billion by 2030 from $150 billion in 2025. Nvidia Corp (NVDA) Sets Sights on a $600 Billion Market With Palantir Pact In other news, Nvidia Corp (NASDAQ:NVDA) on March 11 announced the launch of a robust AI model called Nemotron 3 Super. This model is aimed at those building complex agentic AI systems at scale. According to Nvidia, the Nemotron 3 Super model brings outstanding efficiency and accuracy, and it supports broad applications. The company said that it released the model with open weights under a permissive license. The model can be deployed on workstations, in data centers, or in cloud environments. Nvidia Corp (NASDAQ:NVDA) designs graphics processing units and specialized AI chips. It also offers software that goes along with its chips. Nvidia solutions have broad applications across data centers, gaming, robotics, and autonomous vehicles. These chips and software are also used to build platforms for developing 3D content that can be sold as NFTs. While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years. Disclosure: None. Follow Insi...
Nvidia Corp (NASDAQ:NVDA) is among the best NFT stocks to invest in according to analysts. Nvidia Corp (NASDAQ:NVDA) has teamed up with Palantir to launch a sovereign AI operating system architecture. According to a March 12 press release, this solution is aimed at governments and enterprises with sensitive workflows that require strict measures around data sovereignty, security, and performance. ...
Nvidia Corp (NASDAQ:NVDA) is among the best NFT stocks to invest in according to analysts. Nvidia Corp (NASDAQ:NVDA) has teamed up with Palantir to launch a sovereign AI operating system architecture. According to a March 12 press release, this solution is aimed at governments and enterprises with sensitive workflows that require strict measures around data sovereignty, security, and performance. This architecture is based on Nvidia’s Blackwell Ultra systems. According to McKinsey projections, the global sovereign AI market could hit $600 billion by 2030 from $150 billion in 2025. Nvidia Corp (NVDA) Sets Sights on a $600 Billion Market With Palantir Pact In other news, Nvidia Corp (NASDAQ:NVDA) on March 11 announced the launch of a robust AI model called Nemotron 3 Super. This model is aimed at those building complex agentic AI systems at scale. According to Nvidia, the Nemotron 3 Super model brings outstanding efficiency and accuracy, and it supports broad applications. The company said that it released the model with open weights under a permissive license. The model can be deployed on workstations, in data centers, or in cloud environments. Nvidia Corp (NASDAQ:NVDA) designs graphics processing units and specialized AI chips. It also offers software that goes along with its chips. Nvidia solutions have broad applications across data centers, gaming, robotics, and autonomous vehicles. These chips and software are also used to build platforms for developing 3D content that can be sold as NFTs. While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years. Disclosure: None. Follow Insi...
Nvidia Corp (NASDAQ:NVDA) is among the best NFT stocks to invest in according to analysts. Nvidia Corp (NASDAQ:NVDA) has teamed up with Palantir to launch a sovereign AI operating system architecture. According to a March 12 press release, this solution is aimed at governments and enterprises with sensitive workflows that require strict measures around data sovereignty, security, and performance. ...
Nvidia Corp (NASDAQ:NVDA) is among the best NFT stocks to invest in according to analysts. Nvidia Corp (NASDAQ:NVDA) has teamed up with Palantir to launch a sovereign AI operating system architecture. According to a March 12 press release, this solution is aimed at governments and enterprises with sensitive workflows that require strict measures around data sovereignty, security, and performance. This architecture is based on Nvidia’s Blackwell Ultra systems. According to McKinsey projections, the global sovereign AI market could hit $600 billion by 2030 from $150 billion in 2025. Nvidia Corp (NVDA) Sets Sights on a $600 Billion Market With Palantir Pact In other news, Nvidia Corp (NASDAQ:NVDA) on March 11 announced the launch of a robust AI model called Nemotron 3 Super. This model is aimed at those building complex agentic AI systems at scale. According to Nvidia, the Nemotron 3 Super model brings outstanding efficiency and accuracy, and it supports broad applications. The company said that it released the model with open weights under a permissive license. The model can be deployed on workstations, in data centers, or in cloud environments. Nvidia Corp (NASDAQ:NVDA) designs graphics processing units and specialized AI chips. It also offers software that goes along with its chips. Nvidia solutions have broad applications across data centers, gaming, robotics, and autonomous vehicles. These chips and software are also used to build platforms for developing 3D content that can be sold as NFTs. While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years. Disclosure: None. Follow Insi...
伊朗局勢｜伊朗女足成員回國 議長讚揚沒有屈服、令敵人失望 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】伊朗國家女子足球隊完成亞洲盃賽事回國。 官員在邊境口岸迎接國家隊的職球員，並逐一為她們帶上花圈。大批民眾揮動...
伊朗局勢｜伊朗女足成員回國 議長讚揚沒有屈服、令敵人失望 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】伊朗國家女子足球隊完成亞洲盃賽事回國。 官員在邊境口岸迎接國家隊的職球員，並逐一為她們帶上花圈。大批民眾揮動國旗，熱烈歡迎國家隊回歸。球隊由土耳其搭乘巴士，經伊朗西北部的巴扎爾甘陸路口岸入境。 原本有7名職球員在澳洲尋求庇護，但最終只有2名成員留在當地，並加入球會布里斯班獅吼，日前首次公開露面。伊朗議長卡利巴夫發文指球員的回歸令伊朗的敵人失望，讚揚她們沒有屈服。
內蒙古有廠房爆炸 至少3人受傷2人失蹤 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】內蒙古有化工廠房爆炸，至少2人失蹤，3人受傷。 網上片段可見，爆炸現場冒出大量濃煙，附近有商店玻璃碎裂。事發在今早11時許，內...
內蒙古有廠房爆炸 至少3人受傷2人失蹤 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】內蒙古有化工廠房爆炸，至少2人失蹤，3人受傷。 網上片段可見，爆炸現場冒出大量濃煙，附近有商店玻璃碎裂。事發在今早11時許，內蒙古阿拉善盟有企業的硝化廠房爆炸並傳出巨響，有人失蹤和受傷，當地應急、消防、公安等部門到場處置，正調查事故原因。
Zigmunds Dizgalvis/iStock Editorial via Getty Images Note: I have covered New Fortress Energy Inc. or "NFE" ( NFE ), previously, so investors should view this as an update to my earlier articles on the company. On Wednesday, shares of ailing LNG infrastructure player New Fortress Energy dropped to new all-time lows below $1 as investors were digesting the terms of Tuesday's restructuring support a...
Zigmunds Dizgalvis/iStock Editorial via Getty Images Note: I have covered New Fortress Energy Inc. or "NFE" ( NFE ), previously, so investors should view this as an update to my earlier articles on the company. On Wednesday, shares of ailing LNG infrastructure player New Fortress Energy dropped to new all-time lows below $1 as investors were digesting the terms of Tuesday's restructuring support agreement ("RSA"). Company Presentation As part of the agreement, senior bondholders will take ownership of the company's Brazil assets, which will be spun off into an independent, privately owned company. New Fortress Energy's remaining assets will consist of: the offshore FLNG 1 liquefied natural gas ("LNG") production facility in Altamira, Mexico (operational) the onshore FLNG 2 LNG production facility in Altamira, Mexico (construction halted) LNG terminal infrastructure in Puerto Rico, Mexico, and Nicaragua (not yet commissioned) Power plants in Mexico (operational) and Nicaragua (non-operational) long-term LNG supply contracts in Puerto Rico, Mexico, and Nicaragua Genera GR, a subsidiary that serves as the private operator of Puerto Rico’s state-owned power plants a portfolio of 10 GE TM2500 aeroderivative turbines a small fleet of offshore support vessels and tugboats supporting the company's FLNG 1 facility and LNG terminals $140 million in aggregate payments expected to be received under a settlement agreement with the U.S. Federal Emergency Management Agency ("FEMA") Company Presentation In addition, senior bondholders will receive close to $1.0 billion in new convertible preferred stock and newly-issued common shares representing 26% of the restructured company's common stock. Junior bondholders will receive, in aggregate, $268 million in new convertible preferred stock and 7% of the restructured company's common stock. Term loan lenders will receive, in aggregate, $836 million in new convertible preferred stock and 21% of the restructured company's common stock. I...
Microsoft Corp (NASDAQ:MSFT) is among the best NFT stocks to invest in according to analysts. Microsoft Corp (NASDAQ:MSFT) is expanding its computing capacity to meet AI-related demand. According to a Bloomberg report on March 12, Microsoft committed around $50 billion in additional data center leases in its most recent quarter. Microsoft Corp (MSFT) Expanding AI Capacity As It Keeps Dividends Flo...
Microsoft Corp (NASDAQ:MSFT) is among the best NFT stocks to invest in according to analysts. Microsoft Corp (NASDAQ:MSFT) is expanding its computing capacity to meet AI-related demand. According to a Bloomberg report on March 12, Microsoft committed around $50 billion in additional data center leases in its most recent quarter. Microsoft Corp (MSFT) Expanding AI Capacity As It Keeps Dividends Flowing Image by Tawanda Razika from Pixabay Also on March 11, the Information reported that Microsoft was in talks to lease a large data center site in Abilene, Texas. The facility is under development and is expected to be equipped with Nvidia AI chips, according to the report. There’s a section of that facility that Oracle already uses to run workloads for the ChatGPT developer OpenAI. In other news, Microsoft on March 10 announced a quarterly dividend of $0.91 per share. It plans to pay the dividend on June 11 to shareholders of record on May 21. During the December quarter, the Windows maker returned $12.7 billion to shareholders through a combination of dividends and share repurchases. It exited the quarter with $24.3 billion in cash and cash equivalents. Microsoft Corp (NASDAQ:MSFT) is a leading global technology company. It develops and markets a wide range of software and hardware products. The company also offers a variety of services, including cloud computing solutions. Microsoft is also involved in the NFT space, including through tech provision and investment in NFT startups such as Palm NFT Studio. While we acknowledge the potential of MSFT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years. Disclosure: None. Fo...
(RTTNews) - The Hong Kong stock market has climbed higher in three straight sessions, gaining more than 550 points or 2.2 percent in that span. The Hang Seng Index now rests just above the 26,025-point plateau although the rally may stall on Thursday. The global forecast for the Asian markets is negative on pessimism over the outlook for interest rates. The European and U.S. markets were down and ...
(RTTNews) - The Hong Kong stock market has climbed higher in three straight sessions, gaining more than 550 points or 2.2 percent in that span. The Hang Seng Index now rests just above the 26,025-point plateau although the rally may stall on Thursday. The global forecast for the Asian markets is negative on pessimism over the outlook for interest rates. The European and U.S. markets were down and the Asian bourses are expected to open in similar fashion. The Hang Seng finished modestly higher on Wednesday following gains from the financial shares, property stocks and technology companies. For the day, the index improved 156.88 points or 0.61 percent to finish at 26,025.42 after trading between 25,791.82 and 26,117.95. Among the actives, Alibaba Group soared 2.30 percent, while Alibaba Health Info added 0.39 percent, ANTA Sports dropped 1.26 percent, China Life Insurance strengthened 1.04 percent, China Mengniu Dairy dipped 0.12 percent, China Resources Land tumbled 1.99 percent, CITIC jumped 1.23 percent, CNOOC slumped 1.74 percent, CSPC Pharmaceutical expanded 0.88 percent, Galaxy Entertainment vaulted 1.09 percent, Haier Smart Home perked 0.08 percent, Hang Lung Properties climbed 0.97 percent, Hengan International plunge 3.19 percent, Henderson Land surged 2.51 percent, Hong Kong & China Gas increased 0.41 percent, Industrial and Commercial Bank of China collected 0.46 percent, JD.com advanced 0.62 percent, Lenovo rallied 1.26 percent, Li Auto plummeted 6.24 percent, Li Ning eased 0.10 percent, Meituan gained 0.38 percent, New World Development spiked 1.96 percent, Nongfu Spring fell 0.18 percent, Techtronic Industries improved 0.45 percent, Xiaomi Corporation sank 0.62 percent and WuXi Biologics accelerated 1.66 percent. The lead from Wall Street is weak as the major averages opened lower on Wednesday and moved deeper into the red as the day progressed, ending at session lows. The Dow tumbled 768.11 points or 1.63 percent to finish at 46,225.15, while the NASDAQ...
Microsoft Corp (NASDAQ:MSFT) is among the best NFT stocks to invest in according to analysts. Microsoft Corp (NASDAQ:MSFT) is expanding its computing capacity to meet AI-related demand. According to a Bloomberg report on March 12, Microsoft committed around $50 billion in additional data center leases in its most recent quarter. Microsoft Corp (MSFT) Expanding AI Capacity As It Keeps Dividends Flo...
Microsoft Corp (NASDAQ:MSFT) is among the best NFT stocks to invest in according to analysts. Microsoft Corp (NASDAQ:MSFT) is expanding its computing capacity to meet AI-related demand. According to a Bloomberg report on March 12, Microsoft committed around $50 billion in additional data center leases in its most recent quarter. Microsoft Corp (MSFT) Expanding AI Capacity As It Keeps Dividends Flowing Image by Tawanda Razika from Pixabay Also on March 11, the Information reported that Microsoft was in talks to lease a large data center site in Abilene, Texas. The facility is under development and is expected to be equipped with Nvidia AI chips, according to the report. There’s a section of that facility that Oracle already uses to run workloads for the ChatGPT developer OpenAI. In other news, Microsoft on March 10 announced a quarterly dividend of $0.91 per share. It plans to pay the dividend on June 11 to shareholders of record on May 21. During the December quarter, the Windows maker returned $12.7 billion to shareholders through a combination of dividends and share repurchases. It exited the quarter with $24.3 billion in cash and cash equivalents. Microsoft Corp (NASDAQ:MSFT) is a leading global technology company. It develops and markets a wide range of software and hardware products. The company also offers a variety of services, including cloud computing solutions. Microsoft is also involved in the NFT space, including through tech provision and investment in NFT startups such as Palm NFT Studio. While we acknowledge the potential of MSFT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years. Disclosure: None. Fo...