tag:blogger.com,1999:blog-64425143213581190042026-06-26T08:29:52.032-07:00Climateer Investing<i>In war, everything not censored is a lie.</i>climateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comBlogger53103125tag:blogger.com,1999:blog-6442514321358119004.post-31040096173400413682026-06-26T08:14:00.146-07:002026-06-26T08:14:00.146-07:00"VW weighs up to 100,000 job cuts, four plant closures in biggest overhaul yet, sources say" This follows on March 12's Signposts: "Volkswagen slashes 50,000 jobs after profits collapse by nearly half".From Reuters, June 26: Restructuring could be biggest in auto industry historyCEO Blume tried to enforce major cuts in 2024, but faced union resistanceShutting Hanover, Zwickau, Emden and Audi's Neckarsulm could axe more than 45,000 jobsSupervisory board members to discuss climateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-28324273142559116022026-06-26T04:51:47.567-07:002026-06-26T04:51:47.567-07:00"China Gives Coal Room to Grow in New Five-Year Energy Plan"It is quite possible that cheap electricity from coal-fired power plants will win the AI race for China. From Bloomberg, June 25/26:China
is leaving room for coal consumption to grow in coming years, as the
stability of the world’s largest energy market continues to outweigh
climate concerns.“We
will always prioritize energy security,” Wang Hongzhi, head of the
National Energy climateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-35460388185235628842026-06-26T04:28:00.685-07:002026-06-26T04:28:00.975-07:00"Chinese firms brace for new EU rules as trade deficit tops $1bn a day"Who will China sell to?From Nikkei Asia, June 26:Bloc leaders ready diversification tool but still split on how hard to push Beijing Chinese companies are bracing for tougher regulations in the European
Union after leaders agreed on the need to address the bloc's trade
deficit with China, which has ballooned to over 1 billion euros ($1.13
billion) a day.The European Commission -- the EU'sclimateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-74568060026392695712026-06-26T04:04:35.467-07:002026-06-26T04:04:35.741-07:00Capital Markets: "Oil Resumes Decline, Tech Shares Extend Slump, Greenback Trades Heavier"From Marc Chandler at Bannockburn Global Forex:There have been two key developments this week and they are both evident today. The first is the continued pullback in oil prices. August WTI is off almost 9% this week, after dropping as much last week and 5.25% the week before. It is near $69 compared with slightly below $66 before the war began. September Brent is off a little more than 9% this climateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-64352548294829077192026-06-25T21:19:43.008-07:002026-06-25T21:19:43.268-07:00Korea's KOSPI Index Gets Slammed Again, Circuit Breaker TriggeredI'm getting triggered.From Korea's Yonhap News Agency, June 26:Bourse operator issues circuit breaker for KOSPI on sharp fall South Korea's bourse operator on Friday activated a circuit breaker
for the benchmark Korea Composite Stock Price Index (KOSPI) as stocks
crashed due to a slump in tech heavyweights. Trading of KOSPI-listed shares was halted for 20 minutes........MORE As climateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-17199682826400531022026-06-25T20:39:09.585-07:002026-06-25T21:24:23.428-07:00SoftBank Stock Plunges On Possible OpenAI IPO Delay (9984:Tokyo)Last I saw the stock was down 12.25% (-872.00 yen) From CNBC, June 25:SoftBank sinks 12% as Asia tech rout tracks declines in the U.S. SoftBank Group plunged 12%, leading a broad selloff in Asian technology stocks.The weakness also spilled into Asia’s semiconductor sector.Apple and Microsoft price hikes added to pressure on global technology shares. SoftBank Group
plunged more climateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-29718370596397675872026-06-25T08:58:54.075-07:002026-06-25T08:58:54.075-07:00"Bayer Surges After Winning Its Supreme Court Roundup Challenge"From Investor's Business Daily, June 25:Bayer (BAYRY)
stock rocketed to a four-month high Thursday after the U.S. Supreme
Court, in a 7-2 decision, blocked thousands of lawsuits alleging its
Roundup herbicide caused cancer.
The justices ruled that Bayer couldn't be sued for failing to warn
that Roundup, which it acquired when it bought Monsanto in 2018, may
cause cancer. The court argued theclimateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-90550671535888603492026-06-25T08:29:32.917-07:002026-06-25T09:00:13.406-07:00"Tinker Saylor Soldier Spy" (MSTR; BTC)From Puck, June 24:Bitcoin has now fallen by more than 50 percent from its all-time high. Does the cryptocurrency’s number one evangelist have an escape hatch? For
reasons that don’t make a lot of historical—or logical—sense, the U.S.
stock markets are either at or near their record heights. The Dow Jones
Industrial Average remains within a few ticks of 52,000, around its
all-time high, climateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-65308257963248588352026-06-25T08:05:52.279-07:002026-06-25T08:05:52.279-07:00Meanwhile, In Canada: "Report: Female cop shoots rabbi outside Pornhub office in Canada while hiding from Marxist gunman who killed immigrant officer named Mohamed "Quite a bit going on in that headline.From the Babylon Bee's sister site (for those times when parody fails) Not The Bee, June 23:This reads like the darkest of satire:As we reported yesterday, a female officer appears to have shot a civilian who spooked her while she was taking cover during an active shooting.That man has been named as a Jewish rabbi named Michael Moshe Mizrahi, part of the climateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-78094609291832525312026-06-25T07:28:54.585-07:002026-06-25T07:28:54.585-07:00Pelosi Group Reveals Latest Option Plays On...The former Speaker of the House is hands down one of the premier traders of our time.From Benzinga, June 24: Benzinga’s Government Trades page tracks Pelosi’s newly disclosed stock transactions — her first trades in five months. Purchases include: May 29, 2026: 200 call options with a strike price of $50 and expiration date of March 19, 2027 in Intel Corp INTC May 29, 2026: 200 climateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-68137835610485977072026-06-25T06:39:44.378-07:002026-06-25T16:26:54.796-07:00"Google's Dual Nuclear Tech Strategy Takes Shape With Kairos & GE Vernova" (GEV; GOOG)Zerohedge gets on board the GEV love train, June 24: Google is placing its nuclear bets through more than one channel.
Elementl Power, the independent developer that received early-stage
capital from Google in 2025 to prepare three US sites, has now made its
first clear technology choice on at least one of them.Elementl signed
an Early Works Agreement with GE Vernova Hitachi Nuclear climateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-2524818201725684752026-06-25T00:31:13.765-07:002026-06-25T00:31:14.081-07:00"Thousands [tens of thousands] feared dead after double earthquake in Venezuela"From The Telegraph, June 25:State of emergency declared after 7.2 and 7.5-magnitude quakes Two of the strongest earthquakes in Venezuela’s history rocked the
country on Wednesday evening, trapping and killing residents as
buildings collapsed.A 7.2-magnitude quake struck near San Felipe
city, west of the capital Caracas, followed less than a minute later by a
more powerful climateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-17184677222740738612026-06-24T12:00:21.077-07:002026-06-24T19:55:14.687-07:00"U.S. Bets Billions of Dollars in Low-Cost Loans Can Revive Nuclear Power" (BEP; CCJ)Brookfield (51%) and Cameco (49%) are the co-owners of Westinghouse, the maker of the reactors.From the Wall Street Journal, June 23: Energy Department will let utilities tap government funds to kick-start reactor orders The Trump administration is so eager to see a nuclear power renaissance that it is starting to fund billions of dollars for reactor orders.In a new deal expected to be climateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-63579875575059030792026-06-24T04:48:15.054-07:002026-06-24T04:48:15.307-07:00Electricity: "Walmart’s First Nuclear Deal Shows Demand Beyond AI Data Centers" (WMT; CEG)From Barron's, June 23:Walmart is
signing a long-term contract to buy nuclear power for the first time
ever, a promising sign that the industry’s future is supported by more
than just the AI data center boom.The
retail giant agreed on Tuesday to buy power from a nuclear plant in
Illinois owned by Constellation Energy for its operations in the area,
including its stores and a high-tech climateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-2815030280467967622026-06-24T04:12:57.075-07:002026-06-24T04:16:38.642-07:00Capital Markets: "Dollar Extends Gains Without Support of Higher Rates"From Marc Chandler at Bannockburn Global Forex:The US dollar’s rally is extending today, but the market remains cautious about intervention by Japanese officials. The Dollar Index has not fallen since last Tuesday. It has risen by a little more than 2% since the Fed delivered its hawkish hold last week. Yet, for the second consecutive session, the dollar is rising without it being backed by climateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-54517886038030464212026-06-24T03:58:02.431-07:002026-06-24T03:58:02.754-07:00"Yann LeCun xAI Failure Warning 2026: Complete Guide to the AI Bubble Debate and Industry Valuations"From Machine Brief, June 18:Turing Award winner Yann LeCun labelled Elon Musk's xAI a 'failure' and warned AI labs risk a 'big bubble explosion' if costs aren't controlled. This guide covers xAI's $6.4 billion losses, whether an AI bubble exists, and what rational valuations look like in a post-Fable 5 market. Introduction
Yann LeCun — one of the "Godfathers of AI," recipient of the 2018
climateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-9547214668279173922026-06-24T03:18:28.243-07:002026-06-24T03:18:28.648-07:00"Cerebras falls 10% after chipmaker forecasts shrinking margin in first earnings report since IPO" (CBRS)From CNBC, June 23:Cerebras reported financials for the first time since its IPO in May.Revenue increased 92% from a year earlier.The artificial intelligence chipmaker saw its stock pop out of the gate, but the shares are down 28% since then. Cerebras said revenue almost doubled in the AI chipmaker’s first earnings report since its initial public offering last month. The stock fell 10%climateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-43501627723902897052026-06-23T07:36:50.964-07:002026-06-23T07:36:51.235-07:00"Fertilizer prices fall on slow demand, Chinese exports and Iran"From Nikkei Asia, June 23: Industry figures divided on market's future direction BANGKOK/SHANGHAI -- Fertilizer prices have fallen sharply since the
end of April, providing relief for farmers battered by spikes following
the outbreak of the Iran War. However, some industry insiders have
warned that the market could remain turbulent for months.Urea is
the most common nitrogen-based climateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-86483502209839247802026-06-23T06:26:20.975-07:002026-06-23T06:26:21.248-07:00Nuclear: Canada Will Be Pitching It's Homegrown Candu Reactor (but also leaving open the choice of A Westinghouse Or A GEV/Hitachi) CCJWestinghouse is 49% - owned by one of the component companies of our hyperconcentrated electrical mini-portfolio, the world's #2 uranium miner, Cameco.From the Globe and Mail, June 22:Nuclear strategy raises questions about Canada’s predilection for Candu The federal government seeks
to reinvigorate Canada’s homegrown Candu reactor and sell more units
abroad, according to a strategy for climateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-44507661714584613002026-06-23T05:58:05.889-07:002026-06-23T06:00:22.000-07:00"LVMH CEO Bernard Arnault Says He Uses A.I. Weekly to Design Products"From Observer, June 18:LVMH CEO Bernard Arnault says he uses A.I. weekly for product design as the luxury giant expands its tech push across brands. LVMH CEO Bernard Arnault built his luxury conglomerate on heritage brands and centuries-old notions of craftsmanship. But the 77-year-old mogul is now embracing A.I.,
like many of his peers. Speaking at this year’s VivaTech conference in
Parisclimateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-10312737365923401372026-06-23T05:09:05.776-07:002026-06-23T05:09:06.064-07:00Capital Markets: "Stocks Slide, Tech Hit, Greenback Trades Higher but Market Turns more Cautious on Yen"From Marc to Market:The markets have weathered the US tariffs and war in the Middle East. A new disruption has emerged—unwinding tech investment--. The S&P and Nasdaq are poised gap lower and the South Korea’s Kospi dropped 10% today (and is still up nearly 95% for the year). The risk-off has pushed yields lower and the dollar higher. The euro has been sold to a new low for the year, climateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-58251322792495448242026-06-23T00:19:10.790-07:002026-06-23T00:19:11.094-07:00"KOSPI's Historic 9.99% Single-Day Plunge"From Korea's Chosun Daily, June 23:Sell-side circuit breakers triggered as foreign investors net sell 4T won; individuals net buy 8.5T to limit losses The KOSPI, which had been soaring past the 9,000-point mark, plummeted nearly 10%, marking a "Black Tuesday."According
to the Korea Exchange on the 23rd, the KOSPI closed at 8,203.84, down
9.99% from the previous trading day—the largest climateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-71745077792965080462026-06-23T00:06:57.403-07:002026-06-23T00:06:57.690-07:00Small Nukes: "Here comes the next-generation reactor for Arctic floating plants"From the Barents Observer, May 27:The RITM-200S is a significantly upgraded next-generation small modular
reactor designed for floating nuclear power plants. Installation work is
now set to begin at a shipyard in St Petersburg. Rosatom on May 27 announced via Telegram that construction of the
first reactor aimed for Russia's second-generation floating nuclear
power plants has been climateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-48968593143595690342026-06-22T22:59:34.573-07:002026-06-22T22:59:34.816-07:00"How to turn compute into a financial asset"From The Economist, June 22:Entrepreneurs, exchange operators and AI firms are creating tradable instruments backed by processing power IN 2014, AS cloud computing was taking off, a group of German technologists and financial-platform operators had an idea. They launched the Deutsche Börse Cloud Exchange, on which firms could buy and sell spare access to computing power.The
effort to turn climateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.comtag:blogger.com,1999:blog-6442514321358119004.post-24476082665471275242026-06-22T22:39:41.295-07:002026-06-23T08:14:10.610-07:00"AI models capable of devastating attacks on governments and business months away, rare Five Eyes statement warns"Trust no one, including the spy guys and gals. Signal agencies in Australia, the US, the UK, New Zealand and Canada sound alarm after Trump blocks foreign nationals from Anthropic’s Fable AI model Powerful AI models capable of devastating new
cyber attacks on governments and businesses are mere months away,
intelligence agencies for the Five Eyes have warned in a rare joint
statementclimateerhttp://www.blogger.com/profile/12588010121648399850noreply@blogger.com