Investors worry that the company’s colossal bet on AI may not pay off in the long run. Amazon’s stock had declined 3.5% this year through Thursday’s close.
China’s largest offshore oil producer Cnooc Ltd. could be most at risk as it’s on the Pentagon’s list of companies it says are owned or controlled by Chinese military.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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