On Energy, Earnings & A New, Efficient Chip

Today, Jackie examines the causes and the ramifications of the oil supply shocks resulting from the Middle East war. The US Strategic Petroleum Reserve is believed to be about as low as it can go and still operate. With energy prices surging, energy-related industries are having a heyday. … Also: Industry analysts have had to play catch-up as S&P 500 companies seem bound for ever-stronger results. Joe reports that net estimate revisions for 2027, as for 2026, have been rising over time instead of falling as is typical. … And: A new kind of inference chip could curb data centers’ ravenous consumption of power and water.