Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns

Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns

Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
Microsoft and Alphabet Show Making Money From AI Isn’t Guaranteed

Microsoft and Alphabet Show Making Money From AI Isn’t Guaranteed

The latest quarterly results from Microsoft and Alphabet show that their big investments in artificial intelligence are on different trajectories.