Energy supply issues could trigger a sharp drop in AI stocks, warns analyst Joe Brusuelas. – Pluang

Joe Brusuelas warns that the next major decline in AI stocks, particularly NVIDIA, could stem from energy supply shortages rather than typical concerns like overvaluation. NVIDIA, central to AI infrastructure, depends heavily on refined products like diesel and jet fuel for building AI factories. Current tight energy markets and falling global oil inventories risk delaying construction and GPU deliveries, potentially...

Israeli military launches strikes on Iran after Tehran fired missiles – USA Today

Hours after Iran launched ballistic missiles at Israel on June 7, the Israeli military said it conducted strikes against military targets in the western and central region of Iran.Several explosions were heard in the Iranian cities of Tehran, Tabriz, and Isfahan, local media reported early on June 8. The strikes by the Israeli military occurred after Iran’s Islamic Revolutionary Guard...