(RTTNews) - UK stock market's benchmark index FTSE 100 climbed up sharply Wednesday morning, buoyed by optimism over a potential U.S.-Iran peace deal after U.S. President Donald Trump's announcement of a temporary suspension of "Project Freedom" in order to resume negotiations wi
(RTTNews) - UK stock market's benchmark index FTSE 100 climbed up sharply Wednesday morning, buoyed by optimism over a potential U.S.-Iran peace deal after U.S. President Donald Trump's announcement of a temporary suspension of "Project Freedom" in order to resume negotiations wi
imaginima/E+ via Getty Images A guest post by Ovi All of the Crude plus Condensate (C + C) production data for the US state charts comes from the EIA's Petroleum Supply Monthly ( PSM), which provides updated production information up to February 2025. U.S. February oil production increased by 389 kb/d to 13,626 kb/d and is down by 238 kb/d from October. The largest increases came from the Big 2 st...
imaginima/E+ via Getty Images A guest post by Ovi All of the Crude plus Condensate (C + C) production data for the US state charts comes from the EIA's Petroleum Supply Monthly ( PSM), which provides updated production information up to February 2025. U.S. February oil production increased by 389 kb/d to 13,626 kb/d and is down by 238 kb/d from October. The largest increases came from the Big 2 states, TX and NM. March production is expected to drop by 67 kb/d to 13,559 kb/d, according to the April STEO. Peak US oil production occurred in October 2025 at 13,864 kb/d but may be exceeded in early 2027, according to the STEO forecast. The dark blue graph, taken from the April 2026 STEO, is the U.S. oil production forecast from March 2026 to December 2027. Output for December 2027 is expected to rise to 14,157 kb/d. From February 2026 to December 2027, U.S. oil production is expected to increase by 531 kb/d. The light blue graph is the STEO’s forecast for the Onshore L48 output to December 2027. February Onshore L48 production increased by 480 kb/d but then dropped in March to 11,076 kb/d, according to the April STEO. From February 2026 to December 2027, production is expected to increase by 613 kb/d to 11,892 kb/d. The rising production starting in September 2026, according to the EIA, is due to expected higher prices for WTI and more NG pipelines being built. Note how production is essentially flat out to October 2026. U.S. Oil Production Ranked by State Listed above are the 10 US states with the largest oil production along with production from the Gulf of Mexico. These 10 states accounted for 83.1% of all U.S. oil production out of a total production of 13,626 kb/d in February 2026. On a MoM basis, February oil production in these 10 states rose by 454 kb/d. On a YoY basis, US overall production increased by 386 kb/d, with the largest contributors being Texas and New Mexico and the largest decliner being North Dakota. State Oil Production Charts Texas February oil p...
Green party leader also accuses rightwing media of politically motivated attacks as popularity grows UK politics live – latest updates Zack Polanski has said he was wrong to describe himself as a British Red Cross spokesperson, and that intensified media scrutiny of the Green party reflected fears of its rising popularity and support for wealth taxes. Polanski described himself as a British Red Cr...
Green party leader also accuses rightwing media of politically motivated attacks as popularity grows UK politics live – latest updates Zack Polanski has said he was wrong to describe himself as a British Red Cross spokesperson, and that intensified media scrutiny of the Green party reflected fears of its rising popularity and support for wealth taxes. Polanski described himself as a British Red Cross spokesperson while campaigning for the party leadership, the Times revealed . The claim was also mentioned on his personal website in 2020 when he said he was “really proud of the work we do”. Continue reading...
J Studios/DigitalVision via Getty Images Investment Thesis AI connectivity solutions provider Astera Labs ( ALAB ) just announced its Q1 earnings, which showed how critical this once-niche AI player has become for hyperscalers. Astera Labs, which counts Amazon ( AMZN ) as a key hyperscaler customer, delivered a quadruple beat, exceeding all expectations for Q1 and raising Q2 projections at least 1...
J Studios/DigitalVision via Getty Images Investment Thesis AI connectivity solutions provider Astera Labs ( ALAB ) just announced its Q1 earnings, which showed how critical this once-niche AI player has become for hyperscalers. Astera Labs, which counts Amazon ( AMZN ) as a key hyperscaler customer, delivered a quadruple beat, exceeding all expectations for Q1 and raising Q2 projections at least 16% above Wall Street's expectations. At the heart of Astera Labs' strong performance—which I expect to continue—is the company's aggressive outlook on its X-series switching chip, expected to account for more content share in data center scale-up networks. Management expects the X-series scale-up switch to become their largest product line by year-end. Astera Labs' Q1 report reinforced my positive outlook on the company's aggressive growth ahead. I remain bullish on Astera Labs. Management Expects Acceleration Ahead For some time, Astera Labs' management had been very vocal that switches and memory controllers would drive Astera Labs' next growth phase. As I noted in this coverage piece on Astera Labs, management estimated that switches would be a ~$5B opportunity over the next 2-3 years, as I observed in this coverage piece on Astera Labs. In a recent Media & Telecom conference, management said that the TAM was now estimated to be ~$20B, evenly split between Ethernet and UALink. That does represent significant growth in TAM. This shows why management is right to focus on switches, and the company's Q1 report showed strong signs of aggressive progress towards that goal. In Q1, Astera Labs reported their first-ever quarterly acceleration over the past 7 successive quarters, growing top-line Q1 revenues of $308M by 93.5% and beating analysts' expectations of $292M by 5.5% or $16M. The company does not typically break out their product revenue by product lines/categories. But on the call to discuss Q1 earnings , management explained that while legacy product lines such as reti...
J Studios/DigitalVision via Getty Images Investment Thesis AI connectivity solutions provider Astera Labs ( ALAB ) just announced its Q1 earnings, which showed how critical this once-niche AI player has become for hyperscalers. Astera Labs, which counts Amazon ( AMZN ) as a key hyperscaler customer, delivered a quadruple beat, exceeding all expectations for Q1 and raising Q2 projections at least 1...
J Studios/DigitalVision via Getty Images Investment Thesis AI connectivity solutions provider Astera Labs ( ALAB ) just announced its Q1 earnings, which showed how critical this once-niche AI player has become for hyperscalers. Astera Labs, which counts Amazon ( AMZN ) as a key hyperscaler customer, delivered a quadruple beat, exceeding all expectations for Q1 and raising Q2 projections at least 16% above Wall Street's expectations. At the heart of Astera Labs' strong performance—which I expect to continue—is the company's aggressive outlook on its X-series switching chip, expected to account for more content share in data center scale-up networks. Management expects the X-series scale-up switch to become their largest product line by year-end. Astera Labs' Q1 report reinforced my positive outlook on the company's aggressive growth ahead. I remain bullish on Astera Labs. Management Expects Acceleration Ahead For some time, Astera Labs' management had been very vocal that switches and memory controllers would drive Astera Labs' next growth phase. As I noted in this coverage piece on Astera Labs, management estimated that switches would be a ~$5B opportunity over the next 2-3 years, as I observed in this coverage piece on Astera Labs. In a recent Media & Telecom conference, management said that the TAM was now estimated to be ~$20B, evenly split between Ethernet and UALink. That does represent significant growth in TAM. This shows why management is right to focus on switches, and the company's Q1 report showed strong signs of aggressive progress towards that goal. In Q1, Astera Labs reported their first-ever quarterly acceleration over the past 7 successive quarters, growing top-line Q1 revenues of $308M by 93.5% and beating analysts' expectations of $292M by 5.5% or $16M. The company does not typically break out their product revenue by product lines/categories. But on the call to discuss Q1 earnings , management explained that while legacy product lines such as reti...