at 5.2 million barrels, up 50% in three months. Asian and European buyers are rushing to replace Middle Eastern crude lost because of the disruption caused by the Iran war. Exports are causing US gasoline prices to soar to decade highs, with diesel fetching $8.00 a gallon in California.

Cattle Futures closed at $2.51 per pound on Tuesday, the highest price on record going back to the 1960s. Each contract is for 40,000 pounds of live cattle, typically about 30 to 35 head of finished, slaughter-ready cattle. The contract has jumped more than 25% over the past 12 months as ranchers faced rising costs and slashed the size of their herds. Cattle slaughter is expected to have tumbled to 2.2 million head in March, down from 2.5 million in the year-earlier period.

on great earnings at a 13% annual rate, but weak forward guidance. It didn’t help that founder Reed Hastings is retiring. If I were worth $7 billion, I would retire too. I see a company that is raising prices, moving big-time into highly profitable sports, and has won the streaming wars. Use this dip to buy (NFLX).

Gold was among the hottest momentum plays of the year, before its tumble last month following the start of the U.S.-Iran war. In March, gold futures dropped nearly 11% — their worst month since June 2013. But the Wall Street investment bank expects the “debasement” trade — referring to a rise in central banks around the world selling fiat currencies such as the U.S. dollar in favor of a more neutral safe haven — could send the precious metal to new heights.

blaming the drain on local power supplies and noise. States including Georgia, Oklahoma and Virginia have also put forward proposals for temporary data center bans amid growing concerns over the energy costs of such projects and their environmental impact. Nearly 3,000 new data centers are under construction or planned across the U.S. as of late 2025, complementing over 4,000 already in operation.