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U.S. imports of crude oil from Venezuela averaged 222,000 barrels per day (bpd) in the first 11 months of 2024, according to U.S. Energy Information Administration data, making it the fourth largest crude supplier to the United States. While Venezuela's oil accounted for only 3.5% of total U.S. crude imports in November, it was about 13% of crude oil imported by U.S. Gulf Coast refineries, according to the EIA. About 90% of all crude from Venezuela last year headed to the U.S. Gulf Coast, and the remaining 10% went to the East Coast, the data showed.

Supermicro shares jumped 12% on Wednesday after the server maker submitted delayed financial reports to avoid a Nasdaq delisting. Monitor these key chart levels.

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Crypto’s vulnerability to theft will keep bitcoin from widespread use

"American industries depend on copper, and it should be made in America, no exemptions, no exceptions," Commerce Secretary Howard Lutnick said.

Utah is leading the race to establish the first state-backed Bitcoin reserve, with over 50 Bitcoin-related bills progressing across 22 states

With rising energy cost, many miners may not survive the 2028 halving, MARA said.

Multinational media and entertainment corporation Paramount (NASDAQ:PARA) fell short of the market’s revenue expectations in Q4 CY2024 as sales rose 4.5% year on year to $7.98 billion. Its non-GAAP loss of $0.11 per share was significantly below analysts’ consensus estimates.

Aerospace and defense company HEICO (NSYE:HEI) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 14.9% year on year to $1.03 billion. Its GAAP profit of $1.20 per share was 26.6% above analysts’ consensus estimates.