Is the US interested in Venezuela's oil?

Global electric vehicle (EV) sales growth has slowed to its lowest rate since February 2024, primarily due to a plateau in the Chinese market and recent policy changes in the United States. This decline reflects a significant shift in consumer demand and market dynamics, particularly in China, where car sales have also seen a notable decrease.

Gold prices have steadied after three consecutive days of gains, buoyed by expectations of further monetary easing in the US following a recent interest rate cut by the Federal Reserve. Silver has also been trading near record highs, reflecting strong market sentiment.

Disney has announced a landmark $1 billion investment in OpenAI, which includes licensing its characters for use in the Sora video generation platform. This three-year deal allows users to create videos featuring iconic characters from Disney, Marvel, Star Wars, and Pixar, marking a significant collaboration between the entertainment and AI sectors.

Disney has announced a landmark $1 billion licensing deal with OpenAI to integrate its characters into OpenAI's Sora video generation platform, marking a significant collaboration in the entertainment and AI sectors. This agreement is seen as a strategic move to embrace generative AI rather than resist it, positioning Disney at the forefront of technological innovation in media.

Broadcom's shares fell by 5% as concerns over margins and the financial stability of OpenAI overshadowed a strong fourth-quarter performance. The company reported a revenue forecast of approximately $19.1 billion, exceeding analysts' expectations, yet the market reacted negatively due to external pressures.

Disney has announced a significant investment of $1 billion in OpenAI, aimed at integrating its intellectual property into OpenAI's products, particularly through the Sora video generation tool. This deal marks a pivotal collaboration between the entertainment giant and the AI leader, reflecting a growing intersection of media and technology.

Disney has announced a strategic $1 billion investment in OpenAI, aiming to integrate its extensive intellectual property into OpenAI's products, particularly through the Sora video generation tool. This partnership reflects Disney's proactive approach to the evolving landscape of generative artificial intelligence, as articulated by CEO Bob Iger, who emphasized the importance of participating in technological advancements rather than being disrupted by them.

Oil futures settled lower as market concerns about oversupply outweighed geopolitical tensions, including the recent U.S. seizure of a sanctioned oil tanker off the coast of Venezuela. This decline follows a previous session where oil prices had seen gains, highlighting the volatility in the market.