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Trump tells NBC U.S. may reimburse firms for Venezuela oil efforts
Energy experts say reviving Venezuela’s oil industry could be a decade-long process, and could cost upwards of $100 billion.
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Energy stocks rip as JP Morgan estimates the U.S. could hold 30% of all the world’s oil
U.S. control of the Venezuelan energy industry could “reshape the balance of power in international energy markets,” analysts with JP Morgan wrote Monday.
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After Nvidia’s Groq deal, meet the other AI chip startups that may be in play—and one looking to disrupt them all
Nvidia’s $20 billion Groq deal signals that AI inference—not training—will be the big focus going forward, lifting a crop of chip and software startups while reigniting debate over how long Nvidia’s dominance can last.
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Trump’s strike on Venezuela gives the U.S. 30% of the world’s oil reserves on paper and a $100 billion rebuilding job in reality
“I don’t think any large U.S. major company is going to want to invest without a series of guarantees,” one historian of Venezuela said.
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Behind glam luxury brands Michael Kors and Jimmy Choo lurks a troubled holding company losing millions
Capri CEO John Idol’s fashion powerhouse of Michael Kors, Versace and Jimmy Choo was supposed to rival LVMH. Seven years in, the company lost $1 billion in 2025 and revenues are in tatters