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According to a 2024 YouGov survey commissioned by the Reuters Institute, local TV stations and newspapers are the most trusted news organizations in America. CNN and Fox News are the most divisive. HuffPost is the least trusted, while ABC, BBC, and CBS are more trusted than not. Fox News is the most polarizing brand.
Saudi Aramco, with 259 billion barrels of oil and gas reserves, is the world's most valuable company at $1.8 trillion. The company's massive reserves dwarf those of other major oil companies. Saudi Aramco is a key player in Saudi Arabia's efforts to diversify its economy.
Over 534 institutions managing assets exceeding $1 billion now hold Bitcoin ETFs, including hedge funds, pension funds, and insurance companies. More than half of the top 25 US hedge funds are exposed to Bitcoin, with companies of all sizes integrating Bitcoin into their financial reserves. Bitcoin is becoming mainstream.
U.S. natural gas demand is set to surge due to the booming AI technology industry, with electricity demand from data centers expected to quadruple by 2030. This spike in demand could benefit natural gas producers and shippers, despite doubts about the Administration's plans for greener energy.
Ace Industrial Supply, a top distributor of industrial tools, announces a major product line expansion and increased community engagement. With over 4 decades of experience, Ace offers top brands like Dewalt and Milwaukee Tools. The expansion includes 1,000 new products and a focus on inclusive hiring and community programs.
Meanwhile, Nvidia is very close to overtaking Intel, after declaring $49 billion of topline revenue for 2023. This is more than double its 2022 revenue ($21 billion), increasing its share of industry revenues to 9%.
