WTI Extends Gains After US Crude Stocks Hit Lowest Since 2022 | ZeroHedge

Oil prices are extending yesterday's gains this morning, after API reported a huge crude draw and the dollar weakness supportive. A military coup in OPEC-member Gabon added some risk premium to oil prices, however, as Keshav Lohiya, founder of consultant Oilytics, wrote in a note this morning, “oil markets are very quiet,” adding that crude has been supported by bullish inventory data.

Additional support for oil prices are headlines that Russia is discussing with its OPEC (more…)

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Cathie Wood Bullish On Bitcoin-AI Convergence | ZeroHedge

Authored by Amaka Nwaokocha via CoinTelegraph.com,

In a recent X (formerly Twitter) post, Cathie Wood, the CEO of ARK Invest, expressed her optimistic view on the intersection of Bitcoin and artificial intelligence (AI).

In the post, Wood hinted at the transformative potential in the dynamic synergy between AI and Bitcoin, emphasizing the possibilities and positive implications the technologies hold for diverse industries and the overall economic landscape.

Backing (more…)

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Zuckerberg’s “Twitter Killer” App Struggles For Traction | ZeroHedge

Authored by Benjamin Kew via The Epoch Times,

Meta CEO Mark Zuckerberg’s microblogging platform Threads, launched to great acclaim as Instagram’s “Twitter Killer” in July, appears to be showing signs of struggle.

The initial signs for Threads were extremely encouraging.

The platform—nearly a carbon copy of Twitter, now known as X—pulled in a staggering 100 million sign-ups in less than five days.

Forbes senior contributor John Koetsier outlined how Twitter had (more…)

Continue ReadingZuckerberg’s “Twitter Killer” App Struggles For Traction | ZeroHedge