Keep pulling the thread on Donald Trump.
President Trump stated he is not likely to extend the two-week ceasefire with Iran, which is set to expire on Wednesday evening.
President Trump stated it is "highly unlikely" he would extend the ceasefire deadline with Iran if no deal is reached.
President Trump reiterated that the Strait of Hormuz will remain blockaded for the time being.
Citigroup forecasts that oil prices could rise to $110 per barrel if traffic in the Strait of Hormuz remains disrupted for another month.
Patrick Kennedy believes that if a prolonged ceasefire is not achieved, oil prices could quickly rise above $100 per barrel and remain there.
Electricity demand from data centers is projected to double by 2030.
The projected increase in electricity demand from data centers by 2030 is equivalent to the entire electricity output of Japan.
Apple has named John Ternus as its next CEO, effective September 1st.
Current Apple CEO Tim Cook will transition to the role of executive chairman.
Amazon is investing an additional $5 billion in the AI company Anthropic.
Amazon plans to potentially expand its total investment in Anthropic to as much as $20 billion over time.
Anthropic plans to spend over $100 billion on Amazon's cloud technologies and AI chips over the next 10 years.