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The inside story of the "capacity auction" of America's largest power grid: Without price controls, the AI boom would have driven electricity prices up another 60%.

The inside story of the "capacity auction" of America's largest power grid: Without price controls, the AI boom would have driven electricity prices up another 60%.

``` The latest capacity auction results from PJM Interconnection, the largest grid operator in the United States, reveal a grim reality: the surge of artificial intelligence and data centers is pushing the US power system to its limits. In the 2027/2028 base residual auction that ended on December 17, the

U.S. stock index futures fell, precious metals declined across the board, spot silver surged and then fell sharply by 6% during the day, palladium dropped more than 11%, and WTI crude oil rose over 1%.

U.S. stock index futures fell, precious metals declined across the board, spot silver surged and then fell sharply by 6% during the day, palladium dropped more than 11%, and WTI crude oil rose over 1%.

As the year-end rally unfolds, technology and industrial sectors boost Eurasian stocks. The metals market has experienced dramatic volatility, with silver prices historically surging past $80 per ounce for the first time before retreating, and London copper rising over 6% to a new record high. On December 29, US stock

"I may be early, but I'm not wrong!" The Big Short Michael Burry once again goes against the market, shorting AI giants Nvidia and Palantir.

"I may be early, but I'm not wrong!" The Big Short Michael Burry once again goes against the market, shorting AI giants Nvidia and Palantir.

``` The real-life inspiration for the film "The Big Short," Michael Burry, is once again standing in opposition to Wall Street’s mainstream consensus. This time, his targets are the two AI titans supporting the US stock bull market—NVIDIA and Palantir. Burry firmly believes that the market has

An ounce of silver is rarely more expensive than a barrel of oil! Has the "new overlord" of the commodity market arrived?

An ounce of silver is rarely more expensive than a barrel of oil! Has the "new overlord" of the commodity market arrived?

Silver prices have broken a 45-year record and are expected to double, creating a rare phenomenon in the commodities market: The price of one ounce of spot silver and futures silver both exceed that of a barrel of crude oil. Precious metals continue to strengthen, driven by safe-haven demand and

Dreame’s big breakout—founder generously gives away gold

Dreame’s big breakout—founder generously gives away gold

Author | Huang Yu Editor | Wang Xiaojuan As the end of 2025 approaches, year-end company benefits are a nerve-wracking topic for every “working person.” After ByteDance and JD.com announced significant increases in bonus investments, Dreame, one of the hottest tech companies of the year, has also become “someone else’s

In less than ten years, from a junior trader to controlling one-third of the nation's nickel trade, the rise of Indonesia's "Nickel King" Ali

In less than ten years, from a junior trader to controlling one-third of the nation's nickel trade, the rise of Indonesia's "Nickel King" Ali

``` In less than a decade, Arif Kurniawan has risen from an ordinary transnational bulk commodity trader to become a hidden giant in Indonesia, the world’s largest nickel producer. As Indonesia's position in the global electric vehicle battery supply chain becomes increasingly solid, this low-profile businessman and the

Silver plunges, suspicions arise—has a Wall Street giant failed to hold out?

Silver plunges, suspicions arise—has a Wall Street giant failed to hold out?

After a period of consecutive surges, spot silver experienced a roller-coaster market in early Monday trading. After soaring 6% to approach $84/ounce, it plummeted, currently down more than 3% to $76.59/ounce, with the lowest intraday level near $75/ounce. Amidst the intense market volatility, a rumor circulating