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Ukraine Faces Deepening Power Shortages After Russian Strikes

A resident shows a journalist where a Russian drone struck the roof of an apartment building, depriving its residents of water, heat and electricity, in Kyiv. Ukraine is confronting one of its most severe energy shortfalls since the start of the full‑scale invasion, with the country currently able to supply only about 60% of its electricity needs. A new wave of Russian missile and drone attacks has heavily damaged power plants and transmission infrastructure across multiple regions, pushing the grid to the brink. Officials report that nearly every major power‑generating facility has been hit in recent weeks. Cities such as Kyiv, Kharkiv, Odesa, and Dnipro have experienced rolling blackouts, leaving millions of residents coping with limited heating, lighting, and communications during the winter season. Ukraine’s government has warned that the situation remains extremely challenging. Engineers are working around the clock to repair damaged facilities, but repeated strikes have slowed...

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US Stock Futures Rise Despite Tesla’s Disappointing Earnings Report

 


The US stock market futures were slightly higher today despite Tesla’s disappointing earnings report and the release of the GDP print. 

The US economy grew at a 3.3% annual pace in the fourth quarter, faster than expected. Tesla reported Q4 earnings that missed estimates and issued a downbeat full-year production outlook. 

The S&P 500 is particularly concentrated in a few big names, notably the “Magnificent Seven” tech stocks. This concentration may make some investors ill at ease. But that’s no reason to be bearish. The benchmark average hit a record high as investors turned to a fresh set of corporate earnings for direction.

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