Author: phoenixroundup.com

The U.S. saw a 32% drop in natural gas-directed rigs from 2022 to 2024, led by Haynesville and Appalachia, amid record-low prices and evolving technology.

Nvidia shares fall 9% as new tariffs take effect, erasing $265 billion in value and shaking investor confidence in the AI chipmaker.

Dow tumbles over 600 points as Trump confirms tariffs on Mexico and Canada, sparking fears of a trade war. Markets reel as investors brace for impact.

Amazon-backed Anthropic’s valuation soars to $61.5B after a $3.5B funding round, reinforcing its AI dominance.

TSMC to invest $100B in U.S. semiconductor manufacturing, expanding its Arizona presence to boost domestic chip production.

EU zero-pollution targets show progress, but reports highlight noise, microplastic, and waste concerns, urging stronger action for 2030 goals.

Austria’s new government takes office after months of uncertainty, with Christian Stocker leading a three-party coalition formed after a deadlocked election.

NVIDIA reports record Q4 revenue of $39.3B, up 78% YoY, fueled by AI demand. Full-year revenue surged 114% to $130.5B, led by Data Center growth and Blackwell AI supercomputers.

US Treasury Secretary Scott Bessent’s absence at G20 fuels fears of an American retreat from the IMF and World Bank, raising concerns over global financial stability.

The European Commission moves to cut red tape, easing business regulations and aiming to reduce administrative burdens by 25% while maintaining EU climate and sustainability goals.