- Oil rigs -2
- Gas rigs unchanged at 119
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NuScale Power (SMR) down 80% from $50. High dilution risk despite AI energy demand. Skip for now.
India cuts diesel excise duty to zero and reduces petrol duty, while setting a 21.5 rupees/litre windfall tax on diesel exports, aiming to ease domestic fuel costs amid rising oil prices.
Asian markets dip as Iran tensions rise. Oil drops, gold & silver gain. Wall St. sees worst day since Iran war.
Anthropic wins court order blocking ban, safeguarding billions in potential gov't revenue from AI tech.
AI giant Anthropic eyes Oct IPO, potentially $60B+ valuation. Rival OpenAI also prepping listing.
China industrial profits rose 15.2% in Jan–Feb, led by tech sectors, but rising costs and Middle East-driven energy risks threaten margins and the outlook.
Navan's revenue jumps 35% on AI growth, margins climb to 71%. FY27 outlook strong.
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