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News & Articles By Edison Reed
08/18/2026
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By Edison Reed
Nvidia Scales Back $250 Billion Guarantee for OpenAI Data Center, Sources Say
Nvidia has reduced the size of a planned guarantee of up to $250 billion for data center financing tied to OpenAI, according to people familiar with the matter. The revised amount has not been disclosed, and neither Nvidia nor OpenAI has publicly commented on the change as of this report. The guarantee was intended to […]
08/13/2026
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By Edison Reed
Nvidia Stock Loses $130 Billion in Market Value as AI Selloff Deepens
Nvidia Corp. lost approximately $130 billion in market value in a single trading session as a selloff in artificial-intelligence-related equities deepened, according to financial reports. Nvidia shares closed sharply lower on the Nasdaq exchange, with the decline confirmed by market data cited in the article. The drop extended a period of heightened volatility for the […]
08/11/2026
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By Edison Reed
Sodium-Ion Batteries Emerge in U.S. as China Expands Output, Report Says
Sodium-ion batteries are receiving renewed attention in 2026 as an alternative to lithium-based energy storage, according to industry reports. U.S. companies including Peak Energy and Inlyte Energy are moving toward domestic production, while Chinese manufacturers BYD and CATL are expanding output, according to SodiumBatteryHub [1]. The technology is being deployed primarily for grid storage, data […]
08/07/2026
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By Edison Reed
Copper Hits Record High, Analysts Cite Supply Constraints Over Growth
U.S. copper futures climbed to about $6.90 a pound Thursday, a record high, before retreating to end the session, according to a CNBC report. The move extends a rally that has pushed copper prices to repeated records. In January, UBS described copper as “the commodity everyone wants to own,” with three-month London Metal Exchange futures […]
08/05/2026
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By Edison Reed
Dow Surges 900 Points, S&P 500 Closes Above 7,700 as Oil Falls on Iran Deal Hopes
Stocks closed at records Tuesday, Aug. 4, as the Dow Jones Industrial Average surged 907.47 points and the S&P 500 finished above 7,700 for the first time, according to CNBC. The Dow rose 1.71% to 54,085.88, while the S&P 500 gained 1.79% to 7,736.52 and the Nasdaq Composite advanced 2.59% to 26,584.99. End of the […]
07/31/2026
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By Edison Reed
EU Energy Transition Policies Impose Economic Costs, Analysts Say
European Union policies aimed at transitioning to renewable energy have led to higher electricity prices and reduced industrial competitiveness, according to multiple reports and economists. A July 2026 analysis from the European Commission’s own statistical office indicated that average wholesale electricity prices in the EU remained 40% higher than in the United States and China, […]
07/29/2026
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By Edison Reed
Tesla Locks Down Texas Sun: Inside the 140-Megawatt Solar PPA That Powers the Globalist Grid
Tesla has agreed to purchase the entire output of a 140-megawatt solar project in Texas, according to the project developer Zelestra. The long-term power purchase agreement (PPA) covers the facility’s full capacity, which is expected to reach commercial operation this year, officials said. Financial terms of the agreement were not disclosed. The deal marks the […]
07/23/2026
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By Edison Reed
Coal-fired power generation sees resurgence as nations prioritize energy security over climate targets
Coal-fired power generation is increasing globally as countries prioritize energy security over climate targets, according to recent data from the International Energy Agency (IEA) and national energy ministries. Global coal demand rose to an all-time high in 2025, reaching 8.85 billion metric tons, according to a report from the IEA cited by the Kobeissi Letter […]
07/21/2026
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By Edison Reed
Goldman Reduces Global PC Shipment Forecasts, Citing Memory Chip Crunch and Slowing Upgrade Cycle
Goldman Sachs has reduced its global PC shipment forecasts for 2026 through 2028, citing a memory chip shortage and rising component costs. The revised estimates show a 14 percent decline in 2026 and a 5 percent decline in 2027, followed by zero growth in 2028, according to a report by Allen Chang, managing director and […]
07/20/2026
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By Edison Reed
Netflix Discloses Use of Generative AI in Hundreds of Films and Television Shows
Netflix has disclosed that it uses generative artificial intelligence (AI) in hundreds of its films and television shows, according to a shareholder letter released alongside the company’s latest financial results. The AI is primarily employed in post-production to generate complex sequences such as battle scenes, crowds and establishing shots, the company reported. The revelation came […]
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