QUICK SPARK: Diesel Squeeze Puts Valero Stock On Pace For Best Year Ever, Up 140%
Valero shares are up 140.6% in 2026, on pace for its best year ever; the diesel crack spread near $106 a barrel dwarfs gasoline's $31.
Economy · News reference
The Treasury doubled long-bond buybacks as diesel cracks hit a record $102.20. Jeff Currie says the gap between scarcity and repression is debasement.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Valero shares are up 140.6% in 2026, on pace for its best year ever; the diesel crack spread near $106 a barrel dwarfs gasoline's $31.
Nvidia agreed to acquire Hugging Face for $11.9 billion ($12.9 billion including employee awards), a steep price at 86x annualized revenue. However, the acquisition gives Nvidia strategic access to a platform hosting 3 million models used by 18 million developers and 200,000+ companies. As AI chip competition intensifies from Meta, Microsoft, and others, Hugging Face provides Nvidia a way to remain relevant in the AI ecosystem beyond just selling GPUs. The key to success is maintaining the platform's openness across different hardware and frameworks to preserve developer loyalty.
The article compares Salesforce and Figma as investment options in 2026. Salesforce, the dominant CRM leader, offers proven profitability with $41.5B revenue, 18% net margins, and $14.4B free cash flow, trading at a reasonable 23.3x P/E ratio. Figma, a rapidly growing design platform, shows 41% revenue growth but remains unprofitable with a negative 118.4% net margin and trades at a premium 66.2x forward P/E. The author recommends Salesforce as the better investment due to its financial stability, competitive moat through AI capabilities, and reasonable valuation, despite acknowledging Figma's impressive growth trajectory.
https://www.cnn.com/2026/09/16/politics/ai-executives-trump-xi-visit
Apple is reportedly considering developing its own AI servers in partnership with Nvidia, marking the company's first enterprise server venture since 2011. The proposed servers would combine Apple's M8 Ultra chips with Nvidia's NVLink Fusion technology for AI inference. If approved, the product wouldn't be available until 2029. This represents a potential strategic shift under new CEO John Ternus, as Apple has historically focused on consumer devices rather than infrastructure investments like its peers in the Magnificent Seven.