Author: omc_admin

Jensen Huang, the CEO of Nvidia, thinks that China’s AI researchers are some of the very best in the world — so it’s no surprise that US companies are bringing them on board.”The researchers, the AI scientists in China, they’re world-class. These are not Chinese AI researchers, they’re world-class AI researchers,” Huang said in an interview with Ben Thompson, author of “Stratechery.” “You walk up and down the aisles of Anthropic or OpenAI or DeepMind, there’s a whole bunch of AI researchers there, and they’re from China. Of course, it’s sensible, and they’re extraordinary, and so the fact that they…

JPMorgan Chase CEO Jamie Dimon delivers a speech during the Global Markets Conference, ahead of the Choose France summit, in Paris, on May 15, 2025. Michel Euler | Afp | Getty ImagesJPMorgan Chase is finally allowing clients to buy bitcoin. But CEO Jamie Dimon is still a skeptic.”We are going to allow you to buy it,” Dimon said at the bank’s annual investor day on Monday. “We’re not going to custody it. We’re going to put it in statements for clients.”The decision marks a notable step for the largest U.S. bank, particularly due to Dimon’s history of criticizing the digital…

Halliburton on Monday launched EarthStar® 3DX, the industry’s first 3D horizontal look-ahead resistivity service. The technology provides operators with geological insights into horizontal wells up to 50 ft before penetration by the bit. The capability to gather real-time data allows operators to identify hazards and make informed decisions. “EarthStar 3DX service is the latest example of Halliburton’s leadership in reservoir mapping technology,” said Jim Collins, vice president, Sperry Drilling, Halliburton. “True to our value proposition, we customize our subsurface and drilling solutions to maximize asset value for our customers. By mapping geological variations before they are encountered, operators can…

Halliburton on Monday launched EarthStar® 3DX, the industry’s first 3D horizontal look-ahead resistivity service. The technology provides operators with geological insights into horizontal wells up to 50 ft before penetration by the bit. The capability to gather real-time data allows operators to identify hazards and make informed decisions. “EarthStar 3DX service is the latest example of Halliburton’s leadership in reservoir mapping technology,” said Jim Collins, vice president, Sperry Drilling, Halliburton. “True to our value proposition, we customize our subsurface and drilling solutions to maximize asset value for our customers. By mapping geological variations before they are encountered, operators can…

The rapidly evolving nature of modern air warfare has underscored a critical strategic gap in South Korea’s defense posture: the absence of long-range air-to-air missile (LRAAM) capability. Recent developments in other regions of the world demonstrate how such capabilities can reshape the aerial balance of power. A case in point is the 2025 India-Pakistan aerial skirmish, which offered a striking lesson in missile asymmetry. In that incident, Pakistan’s relatively less sophisticated fighter aircraft managed to down India’s more advanced Rafale jet, reportedly due to the use of long-range beyond-visual-range air-to-air missiles (BVRAAMs). This event not only signaled a paradigm shift…

The best iPhone 16e cases offer practical, durable, and visually appealing designs compatible with Qi wireless charging.To help you find a case that best suits your needs, we’ve arranged our favorite options from our team’s long-term testing experience with cases from Apple and third-party brands like Zagg, Otterbox, and others.Among the best iPhone 16e cases, our top pick is the Zagg Crystal Palace Snap case, a sturdy, clear model with an integrated array of magnets. Our favorite budget case is the affordable Smartish Gripmunk case, which also features built-in magnets in a hardwearing, grip-conducive cover. When you buy through our…

WASHINGTON— The U.S. Department of Energy (DOE) today released its Response to Comments on the 2024 LNG Export Study, marking a critical step toward returning to regular order on liquefied natural gas (LNG) exports. With this action, DOE has completed the final hurdles left over from the Biden administration’s reckless pause on LNG export permits, paving the way for the Trump Administration to fully unleash American LNG exports.“President Trump was given a mandate to unleash American energy dominance, and that includes U.S. LNG exports,” U.S. Energy Secretary Chris Wright said. “The facts are clear: expanding America’s LNG exports is good for Americans and…

(Investing) – Oil prices fell Monday, handing back some of the previous week’s gains as traders fretted about Moody’s U.S. credit downgrade as well as slowing economic growth from China, the world’s largest crude importer. At 08:15 ET (12:15 GMT),  expiring in June inched 0.7% lower to $64.93 per barrel, while  also fell 0.7% to $61.53 per barrel. Both contracts gained more than 1% last week, driven by a surge at the start of the week, when the U.S. and China agreed to temporarily lower soaring tariffs placed on each other. Moody’s U.S. downgrade weighs Moody’s downgraded the U.S. sovereign credit rating late…

Energy giants Occidental and Abu Dhabi-based ADNOC announced a new agreement to evaluate the launch of a new joint venture to develop a Direct Air Capture (DAC) carbon removal facility in South Texas, with ADNOC’s investment company XRG considering investing up to $500 million for the new facility. The new proposed project would be among the largest DAC facilities to date, designed to capture 500,000 tonnes of carbon dioxide per year. The new agreement, announced during U.S. President Trump’s visit to the UAE, was signed by Oxy President and CEO Vicki Hollub and ADNOC Group CEO Dr. Sultan Ahmed Al…

U.S. ethane production and exports are set to benefit from petrochemical firms in Asia shifting feedstock from naphtha to the cheaper ethane as chemicals margins shrink.Ethane, a natural gas liquid primarily extracted from raw natural gas during processing, is mainly used as a feedstock for ethylene production, one of the most important building blocks in the petrochemical industry.Some petrochemical producers in Asia, including in South Korea, Thailand, and China, have been looking to boost the use of ethane, especially such sourced from the United States, due to the fact that it’s cheaper than naphtha.Thailand’s PTT Global Chemical Public Company Limited…