Category: Uncategorized

Pentagon Takes Equity Stake in NABEP: 65B-Barrel Venezuela Deal Could Create World’s No. 2 Oil Giant

http://wealthcreation.clubLeave a comment
‼️ 🛢️ President Donald Trump’s Venezuela oil deal grants the Pentagon an equity stake in North America Blue Energy Partners (NABEP), which has secured concessions to 65 billion barrels of proved reserves—potentially making it the world’s second-largest oil company. While the Trump administration has taken equity stakes in various firms to secure critical resources and technology, direct US government ownership in an oil company remains rare, with few historical precedents.

Microsoft Finally Puts a Price Tag on Azure: $101.9B Cloud Engine Signals AI Is Rewriting the Company

http://wealthcreation.clubLeave a comment

‼️ 🧠 Microsoft disclosed quarterly Azure revenue for the first time—$29.4 billion in the most recent quarter and $101.9 billion for the fiscal year ended June 30—while restructuring its reporting from three segments to two as AI blurs cloud, software, and applications. The new “Agents and Infra” division will house cloud-computing services, AI-based software, and core business software, while “Devices and Consumer” will cover Windows, Xbox, Bing-linked advertising, and LinkedIn advertising