Cuba has run out of diesel and fuel oil, Energy Minister Vicente de la O Levy told state media, while protests erupted in Havana over the city's rolling blackouts as a U.S. blockade continues to starve the island of oil imports. "The sum of the different types of fuel: crude oil, fuel oil, of which we have absolutely none; diesel, of which we have absolutely none... the only thing we have is gas f...
Cuba has run out of diesel and fuel oil, Energy Minister Vicente de la O Levy told state media, while protests erupted in Havana over the city's rolling blackouts as a U.S. blockade continues to starve the island of oil imports. "The sum of the different types of fuel: crude oil, fuel oil, of which we have absolutely none; diesel, of which we have absolutely none... the only thing we have is gas from our wells, where production has grown," de la O Levy said, as quoted by BBC . He added that because of the U.S. blockade, parts of Havana are facing 20 to 22-hour blackout periods, at a time when the city is already grappling with food and medicine shortages. Hundreds of Cubans took to the streets in Havana on Wednesday to protest the blackouts and the government. "This dramatic worsening has a single cause: the genocidal energy blockade to which the United States subjects our country, threatening irrational tariffs against any nation that supplies us with fuel," Cuban President Miguel Díaz-Canel posted on X. The U.S. stopped Venezuelan oil exports to Cuba earlier this year, and later threatened tariffs on any country that shipped oil to the island. This pushed Mexico to halt shipments to Cuba. Only Russia has delivered a limited amount of fuel and crude to the island this year, which the U.S. allowed for "humanitarian" reasons. Last week, United Nations experts called for an end to the U.S. blockade, which it said was unlawful and amounted to "energy starvation." "Energy starvation as a coercive tool is incompatible with international human rights norms," the experts said . More on Cuba Rubio defends new U.S. sanctions on Cuba, targeting military-run GAESA Sherritt pulls out of Cuba JV under threat of U.S. sanctions; shares sink 20% U-turn? Trump has 'no problem' if a country wants to send oil to Cuba, even Russia U.S. Treasury says Cuba can’t get Russian oil as tanker heads to island
Intel (NASDAQ:INTC) is making a return to Formula One after agreeing to a multi-year partnership with McLaren, where it will serve as the racing organisation’s official compute partner, according to a report from Sky. The partnership is expected to be formally announced on Thursday, although financial details of the agreement have not been disclosed, Sky said.
Intel (NASDAQ:INTC) is making a return to Formula One after agreeing to a multi-year partnership with McLaren, where it will serve as the racing organisation’s official compute partner, according to a report from Sky. The partnership is expected to be formally announced on Thursday, although financial details of the agreement have not been disclosed, Sky said.
Seeking Alpha More on Canadian Solar Canadian Solar: Discounted Power Generation And Storage Leader - Reiterate Buy Canadian Solar Q1 Earnings Preview: Market Headwinds Persist Canadian Solar Inc. 2025 Q4 - Results - Earnings Call Presentation Canadian Solar GAAP EPS of -$0.71 misses by $0.02, revenue of $1.08B beats by $60M Canadian Solar Q1 2026 Earnings Preview
Seeking Alpha More on Canadian Solar Canadian Solar: Discounted Power Generation And Storage Leader - Reiterate Buy Canadian Solar Q1 Earnings Preview: Market Headwinds Persist Canadian Solar Inc. 2025 Q4 - Results - Earnings Call Presentation Canadian Solar GAAP EPS of -$0.71 misses by $0.02, revenue of $1.08B beats by $60M Canadian Solar Q1 2026 Earnings Preview
Plug Power 's (NASDAQ: PLUG) investors aren't rejoicing just yet, but they do have reasons to be optimistic. The hydrogen fuel cell company's latest quarterly report suggests its turnaround strategy may actually be working. Plug's efforts to right the ship are under the initiative of "Project Quantum Leap." This is the company's official plan to improve performance by being disciplined on cost and...
Plug Power 's (NASDAQ: PLUG) investors aren't rejoicing just yet, but they do have reasons to be optimistic. The hydrogen fuel cell company's latest quarterly report suggests its turnaround strategy may actually be working. Plug's efforts to right the ship are under the initiative of "Project Quantum Leap." This is the company's official plan to improve performance by being disciplined on cost and efficiency. Image source: Getty Images. Continue reading
In this article GOOGL Follow your favorite stocks CREATE FREE ACCOUNT U.S. Treasury Secretary Scott Bessent visited Japan and South Korea on his way to the Trump-Xi Summit in Beijing on May 14 and 15, 2026. Bloomberg | Bloomberg | Getty Images The U.S. can talk to China about AI because "we are in the lead," U.S. Treasury Secretary Scott Bessent told CNBC, as the countries unveiled a protocol on b...
In this article GOOGL Follow your favorite stocks CREATE FREE ACCOUNT U.S. Treasury Secretary Scott Bessent visited Japan and South Korea on his way to the Trump-Xi Summit in Beijing on May 14 and 15, 2026. Bloomberg | Bloomberg | Getty Images The U.S. can talk to China about AI because "we are in the lead," U.S. Treasury Secretary Scott Bessent told CNBC, as the countries unveiled a protocol on best practices for the rapidly improving technology. "The two AI superpowers are gonna start talking. We're gonna set up a protocol in terms of how do we go forward with best practices for AI to make sure non-state actors don't get a hold of these models," Bessent told Joe Kernen on Thursday, on the sidelines of President Donald Trump 's two-day meeting in Beijing with Chinese President Xi Jinping . "The reason we are able to have wholesome discussions with the Chinese on AI is because we are in the lead," he added. "I do not think we would be having the same discussions if they were this far ahead of us," he said. U.S.-based Anthropic has alarmed many in Washington and other countries with the Mythos AI model , which is supposed to have powerful cyberattack capabilities . The company said it would initially release it to select business partners. BEIJING, CHINA - MAY 14: China's President Xi Jinping (R) and US President Donald Trump pose for a photo at the Temple of Heaven in Beijing on May 14, 2026. Xi warned Trump that the issue of Taiwan could push their two countries into "conflict" if mishandled, a stark opening salvo as a superpower summit set to tackle numerous thorny issues began in Beijing on May 14. (Photo by Brendan Smialowski - Pool/Getty Images) China Pool | Getty Images News | Getty Images Bessent told CNBC he anticipates a big "step-function jump" in upcoming large language model releases from Google 's Gemini and OpenAI. Washington has also sought to limit China's AI development by restricting sales of advanced semiconductors, primarily from Nvidia, to the c...
Scale of attacks prompts warnings that Moscow is trying to overwhelm air defence systems Europe live – latest updates Russian missiles and drones are pounding Ukraine for a second day, as almost continuous heavy attacks hit the country, with Kyiv bearing the brunt of an assault that has killed at least three and injured 40 in the capital. The overnight attacks followed heavy daylight raids with mi...
Scale of attacks prompts warnings that Moscow is trying to overwhelm air defence systems Europe live – latest updates Russian missiles and drones are pounding Ukraine for a second day, as almost continuous heavy attacks hit the country, with Kyiv bearing the brunt of an assault that has killed at least three and injured 40 in the capital. The overnight attacks followed heavy daylight raids with missiles and drones across the country on Wednesday. Continue reading...
Key OPEC+ members aim to continue a series of oil quota increases over the next few months, completing the return of a layer of halted production — if only on paper — by the end of September, delegates said. The group already formally agreed to restore about two-thirds of a 1.65 million barrels a day supply cutback that it made back in 2023. It plans to raise targets further and revive the final p...
Key OPEC+ members aim to continue a series of oil quota increases over the next few months, completing the return of a layer of halted production — if only on paper — by the end of September, delegates said. The group already formally agreed to restore about two-thirds of a 1.65 million barrels a day supply cutback that it made back in 2023. It plans to raise targets further and revive the final portion in three more monthly stages, even though major members can’t actually deliver such hikes while the Iran war blocks exports from the Persian Gulf, three delegates said. They asked not to be identified as the process is private. The alliance, led by Saudi Arabia and Russia, has been proceeding with modest and symbolic supply increases during the war. However, the world urgently needs additional oil to fill in a hole left by the conflict, which has caused a cumulative gap of more than 1 billion barrels and drained global inventories at a record clip. The shock has sent fuel prices soaring, heightening the risk of a global recession. Before the war between the US-Israeli alliance and Iran erupted on Feb. 28, eight key members of the Organization of the Petroleum Exporting Countries and its partners were in the process of reviving crude production shuttered several years ago when they were attempting to deal with a glut. OPEC and Saudi Arabia’s energy ministry didn’t respond to requests for comment. From the beginning of this month, the sub-group’s ranks diminished by one, when the United Arab Emirates chose to quit OPEC following decades of membership, amid friction with group leader Saudi Arabia over limits the group imposes on how much countries can pump. Abu Dhabi’s departure didn’t prevent the remaining seven members from ratifying another modest and theoretical increase of 188,000 barrels a day for June during their latest monthly video conference on May 3. The next gathering, which will review production policy for July and possibly beyond, is set for June 7. Stri...
Gins Wang Taiwan Semiconductor Manufacturing ( TSM ) expects the global semiconductor market to exceed $1.5T by 2030, boosting its prior forecast of $1T, Reuters reported, citing presentation materials ahead of a tech symposium on Thursday. TSM expects AI and high-performance computing, or HPC, to account for 55% of the $1.5T market, followed by smartphones with 20% and automotive applications w...
Gins Wang Taiwan Semiconductor Manufacturing ( TSM ) expects the global semiconductor market to exceed $1.5T by 2030, boosting its prior forecast of $1T, Reuters reported, citing presentation materials ahead of a tech symposium on Thursday. TSM expects AI and high-performance computing, or HPC, to account for 55% of the $1.5T market, followed by smartphones with 20% and automotive applications with 10%, the report added . The world's largest foundry said it has been boosting capacity at a faster pace in 2025 and 2026 and intends to build nine phases of wafer fabs and advanced packaging facilities in 2026. The company is expected to ramp up capacity for its most advanced 2-nanometer, or nm, and next generation A16 chips, with a compounded annual growth rate, or CAGR, of 70% from 2026 to 2028. TSM noted that the CAGR of capacity for its advanced packaging Chip on Wafer on Substrate, or CoWoS, is forecast at more than 80% from 2022 to 2027. CoWoS is packaging technology that connects logic chips like AI accelerators, such as those made by Nvidia ( NVDA ), and High-Bandwidth Memory, or HBM, on a silicon interposer. The company noted that AI accelerator wafer demand is forecast to increase 11-fold from 2022 to 2026. In Arizona, TSM's first fab is already in production. Tool move-in for the second fab is planned for the second half of 2026. Meanwhile, construction of a third fab is underway. Work on a fourth fab and the site's first advanced packaging facility is expected to start this year. TSM expects a 1.8-fold year-over-year increase in Arizona output by 2026, with yields comparable to those in Taiwan. The company added that it has completed the purchase of a second large parcel of land in Arizona for future expansion. In Japan, the first fab is currently in volume manufacturing for 22-nm and 28-nm products. Plans for the second fab have been upgraded to 3-nm in response to strong demand, according to the company. In Germany, the fab is currently und...
Gins Wang Taiwan Semiconductor Manufacturing ( TSM ) expects the global semiconductor market to exceed $1.5T by 2030, boosting its prior forecast of $1T, Reuters reported, citing presentation materials ahead of a tech symposium on Thursday. TSM expects AI and high-performance computing, or HPC, to account for 55% of the $1.5T market, followed by smartphones with 20% and automotive applications w...
Gins Wang Taiwan Semiconductor Manufacturing ( TSM ) expects the global semiconductor market to exceed $1.5T by 2030, boosting its prior forecast of $1T, Reuters reported, citing presentation materials ahead of a tech symposium on Thursday. TSM expects AI and high-performance computing, or HPC, to account for 55% of the $1.5T market, followed by smartphones with 20% and automotive applications with 10%, the report added . The world's largest foundry said it has been boosting capacity at a faster pace in 2025 and 2026 and intends to build nine phases of wafer fabs and advanced packaging facilities in 2026. The company is expected to ramp up capacity for its most advanced 2-nanometer, or nm, and next generation A16 chips, with a compounded annual growth rate, or CAGR, of 70% from 2026 to 2028. TSM noted that the CAGR of capacity for its advanced packaging Chip on Wafer on Substrate, or CoWoS, is forecast at more than 80% from 2022 to 2027. CoWoS is packaging technology that connects logic chips like AI accelerators, such as those made by Nvidia ( NVDA ), and High-Bandwidth Memory, or HBM, on a silicon interposer. The company noted that AI accelerator wafer demand is forecast to increase 11-fold from 2022 to 2026. In Arizona, TSM's first fab is already in production. Tool move-in for the second fab is planned for the second half of 2026. Meanwhile, construction of a third fab is underway. Work on a fourth fab and the site's first advanced packaging facility is expected to start this year. TSM expects a 1.8-fold year-over-year increase in Arizona output by 2026, with yields comparable to those in Taiwan. The company added that it has completed the purchase of a second large parcel of land in Arizona for future expansion. In Japan, the first fab is currently in volume manufacturing for 22-nm and 28-nm products. Plans for the second fab have been upgraded to 3-nm in response to strong demand, according to the company. In Germany, the fab is currently und...
Investing.com -- AMD and ARM continued to gain ground in the server chip market at Intel’s expense in the first quarter of 2026, according to a report from UBS, which also found that PC shipments came in below seasonal norms for the second consecutive quarter.
Investing.com -- AMD and ARM continued to gain ground in the server chip market at Intel’s expense in the first quarter of 2026, according to a report from UBS, which also found that PC shipments came in below seasonal norms for the second consecutive quarter.