Occidental Petroleum (OXY.US): Expected to reduce 3 drilling rigs in the Permian Basin and add 15 new oil wells to production in the fourth quarter.

According to the German Frankfurter Allgemeine Zeitung: Volkswagen labor representative Bernd Osterloh criticized the CEO's plan to lay off employees. Osterloh stated that the elimination of 50,000 jobs is a "strong provocation" by the CEO. The company has a "cost problem" that needs to be addressed.

According to the Financial Times, Apple (AAPL.US) has paid $17 billion in taxes to Ireland following a court ruling on back taxes.

Spot gold has just broken through the $4,570.00/ounce mark, now quoted at $4,569.68/ounce, up 1.12% on the day; the main COMEX gold futures contract is now quoted at $4,627.00/ounce, up 1.22% on the day.

On August 21, Nvidia was in advanced negotiations to invest hundreds of millions of dollars in data center power developer Cloverleaf Infrastructure. Cloverleaf provides dependable power and land for major data center projects, with over 10 gigawatts of capacity in its project pipeline. This potential deal would expand Nvidia’s push into the artificial intelligence infrastructure sector and help secure future data center capacity for its chips. Recently, Nvidia has also made significant investm