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Some want to work to keep busy. Others can’t afford to stop.

AEW Dynamite aimed to build on the momentum of a red-hot Revolution pay-per-view, but did it deliver a strong follow-up?

Chinese electronics and car manufacturer Xiaomi surprised the global AI community today with the release of MiMo-V2-Pro, a new 1-trillion parameter foundation model with benchmarks approaching those of U.S. AI giants OpenAI and Anthropic, but at around a seventh or sixth the cost when accessed over proprietary API — and importantly, sending less than 256,000 tokens-worth of information back and forth.Led by Fuli Luo, a veteran of the disruptive DeepSeek R1 project, the release represents what Luo characterizes as a “quiet ambush” on the global frontier. Furthermore, Luo stated in an X post that the company does plan to open source a model variant from this latest release, ” when the models are stable enough to deserve it.”By focusing on the “action space” of intelligence—moving from code generation to the autonomous operation of digital “claws”—Xiaomi is attempting to leapfrog the conversational paradigm entirely.Prior to this foray into frontier AI, Beijing-based Xiaomi established itself as a titan of “The Internet of Things” and consumer hardware.Globally recognized as the world’s third-largest smartphone manufacturer, Xiaomi spent the early 2020s executing a high-stakes entry into the automotive sector. Its electric vehicles (EVs), such as the SU7 and the recently launched YU7 SUV, have turned the company into a vertically integrated powerhouse capable of merging hardware, software, and now, advanced reasoning. This pedigree in physical-world engineering informs MiMo-V2-Pro’s architecture; it is built to be the “brain” of complex systems, whether those systems are managing global supply chains or navigating the intricate scaffolds of an autonomous coding agent.Technology: The architecture of agencyThe central challenge of the “Agent Era” is maintaining high-fidelity reasoning over massive spans of data without incurring a prohibitive “intelligence tax” in latency or cost. MiMo-V2-Pro addresses this through a sparse architecture: while it houses 1T total parameters, only 42B are active during any single forward pass, making it roughly three times the size of its predecessor, MiMo-V2-Flash.The model’s efficiency is rooted in an evolved Hybrid Attention mechanism. Standard transformers typically face a quadratic increase in compute requirements as context grows; MiMo-V2-Pro utilizes a 7:1 hybrid ratio (increased from 5:1 in the Flash version) to manage its massive 1M-token context window. This architectural choice allows the model to maintain a deep “memory” of long-running tasks without the performance degradation usually seen in frontier models.The analogy: Think of the model not as a student reading a book page-by-page, but as an expert researcher in a vast library. The 7:1 ratio allows the model to “skim” 85% of the data for context while applying high-density attention to the 15% most relevant to the task at hand. This is paired with a lightweight Multi-Token Prediction (MTP) layer, which allows the model to anticipate and generate multiple tokens simultaneously, drastically reducing the latency required for the “thinking” phases of agentic workflows. According to Luo, these structural decisions were made months in advance, specifically to provide a “structural advantage” for the unexpected speed at which the industry shifted toward agents.Product and benchmarking: A third-party reality checkXiaomi’s internal data paints a picture of a model that excels in “real-world” tasks over synthetic benchmarks. On GDPval-AA, a benchmark measuring performance on agentic real-world work tasks, MiMo-V2-Pro achieved an Elo of 1426, placing it ahead of major Chinese peers like GLM-5 (1406) and Kimi K2.5 (1283). While it still trails Western “max effort” models like Claude Sonnet 4.6 (1633) in raw Elo, it represents the highest recorded performance for a Chinese-origin model in this category.The third-party benchmarking organization Artificial Analysis verified these claims, placing MiMo-V2-Pro at #10 on its global Intelligence Index with a score of 49. This places it in the same tier as GPT-5.2 Codex and ahead of Grok 4.20 Beta. These results suggest that Xiaomi has successfully built a model capable of the high-level reasoning required for engineering and production tasks.Key metrics from Artificial Analysis highlight a significant leap over the previous open-weights version, MiMo-V2-Flash (which scored 41): Hallucination rate: The Pro model reduced hallucination rates to 30%, a sharp improvement over the Flash model’s 48%.Omniscience index: It scored a +5, placing it ahead of GLM-5 (+2) and Kimi K2.5 (-8).Token efficiency: To run the entire Intelligence Index, MiMo-V2-Pro required only 77M output tokens, significantly less than GLM-5 (109M) or Kimi K2.5 (89M), indicating a more concise and efficient reasoning process.Xiaomi’s own charts further emphasize its “General Agent” and “Coding Agent” capabilities. On ClawEval, a benchmark for agentic scaffolds, the model scored 61.5, approaching the performance of Claude Opus 4.6 (66.3) and significantly outpacing GPT-5.2 (50.0). In coding-specific environments like Terminal-Bench 2.0, it achieved an 86.7, suggesting high reliability when executing commands in a live terminal environment.How enterprises should evaluate MiMo-V2-Pro for usageFor the personas outlined in contemporary AI organizations—from Infrastructure to Security—MiMo-V2-Pro represents a paradigm shift in the “Price-Quality” curve. Infrastructure decision-makers will find MiMo-V2-Pro a compelling candidate for the Pareto frontier of intelligence vs. cost. Artificial Analysis reported that running their index cost only $348 for MiMo-V2-Pro, compared to $2,304 for GPT-5.2 and $2,486 for Claude Opus 4.6. For organizations managing GPU clusters or procurement, the ability to access top-10 global intelligence at roughly 1/7th the cost of Western incumbents is a powerful incentive for production-scale testing. Data decision-makers can leverage the 1M context window for RAG-ready architectures, allowing them to feed entire enterprise codebases or documentation sets into a single prompt without the fragmentation required by smaller context models.A systems/orchestration decision-maker should evaluate MiMo-V2-Pro as a primary “brain” for multi-agent coordination. Because the model is optimized for OpenClaw and Claude Code, it can handle long-horizon planning and precise tool use without the constant human intervention that plagues earlier models. Its high ranking in GDPval-AA suggests it is particularly well-suited for the workflow and orchestration layer needed to scale AI across the enterprise. It allows for the creation of systems that can move beyond simple automation into complex, multi-step problem solving.However, security decision-makers must exercise caution. The very “agentic” nature that makes the model powerful—its ability to use terminals and manipulate files—increases the surface area for prompt injection and unauthorized model access. While its low hallucination rate (30%) is a defensive boon, the lack of public weights (unlike the Flash version) means internal security teams cannot perform the deep “model-level” audits sometimes required for highly sensitive deployments. Any enterprise implementation must be accompanied by robust monitoring and auditability protocols.Pricing, availability, and the path forwardXiaomi has priced MiMo-V2-Pro to dominate the developer market. The pricing is tiered based on context usage, with competitive rates for caching to support high-frequency reasoning tasks.MiMo-V2-Pro (up to 256K): $1 per 1M input tokens and $3 per 1M output tokensMiMo-V2-Pro (256K-1M): $2 per 1M input tokens and $6 per 1M output tokensCache read: $0.20 per 1M tokens for the lower tier and $0.40 for the higher tierCache write: Temporarily free ($0)Here’s how it stacks up to other leading frontier models around the world:ModelInputOutputTotal CostSourceGrok 4.1 Fast$0.20$0.50$0.70xAIMiniMax M2.7$0.30$1.20$1.50MiniMaxGemini 3 Flash$0.50$3.00$3.50GoogleKimi-K2.5$0.60$3.00$3.60MoonshotMiMo-V2-Pro (≤256K)$1.00$3.00$4.00Xiaomi MiMoGLM-5-Turbo$0.96$3.20$4.16OpenRouterGLM-5$1.00$3.20$4.20Z.aiClaude Haiku 4.5$1.00$5.00$6.00AnthropicQwen3-Max$1.20$6.00$7.20Alibaba CloudGemini 3 Pro$2.00$12.00$14.00GoogleGPT-5.2$1.75$14.00$15.75OpenAIGPT-5.4$2.50$15.00$17.50OpenAIClaude Sonnet 4.5$3.00$15.00$18.00AnthropicClaude Opus 4.6$5.00$25.00$30.00AnthropicGPT-5.4 Pro$30.00$180.00$210.00OpenAIThis aggressive positioning is designed to encourage the high-intensity application flows that define the next generation of software. The model is currently available via Xiaomi’s first-party API only, with no current support for image or multimodal input—a notable omission in an era of “Omni” models, though Xiaomi has teased a separate MiMo-V2-Omni for those needs.The “Hunter Alpha” period on OpenRouter proved that the market has a high appetite for this specific blend of efficiency and reasoning. Fuli Luo’s philosophy—that research velocity is fueled by a “genuine love for the world you’re building for”—has resulted in a model that ranks 2nd in China and 8th worldwide on established intelligence indices. Whether it remains a “quiet” ambush or becomes the foundation for a global realignment of AI power depends on how quickly developers adopt the “action space” over the “chat window”. For now, Xiaomi has moved the goalposts: the question is no longer just “can it talk?” but “can it act?”

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TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Why we love this saleWith spring in the air, the nights are cool and the days are warm. It’s the in-between season where you don’t know whether to wear a jacket or a tank. Finding versatile layers that seamlessly fit together while also providing comfort and durability can be difficult, but speaking from first-hand experience, Prana has transformed my wardrobe.From cute summer wear to heavy-duty winter jackets to outdoor pants that are made to last, Prana provides sustainable and stylish fashion at a reasonable price. Prana is doing its part in creating a more eco-friendly fashion world with staples that you’ll reach for every day, whether you’re traveling, running errands, or hanging with friends.I started wearing Prana four years ago, with the original pieces still intact to this day, even after camping, climbing, hiking, biking, and more. I have dozens of tank tops, pants, and pullovers that make up the majority of my closet that I reach for almost every day. In fact, I’m wearing the Hideaway pants as I’m writing this. They are one of my all-time favorite pairs of pants, and you can read more about them down below. Two Harbors Mockneck Sweater, $43 (was $108) at Prana

Courtesy of Prana

Shop at PranaThis semi-cropped sweater is soft and cozy, featuring 100% recycled polyester material that breathes easily and can be dressed up or down. This sweater comes in Hush Heather pink, which is perfect for the springtime floral color palette, and it’s also available in Black Heather and Oatmeal Heather. Reviewers say it’s “super versatile,” with one person saying, “I can wear it with jeans, casual dress pants, or sweatpants.” It’s available in sizes XS through XL at Prana.Touchstone UPF 30+ Hoodie, $36 (was $88) at Prana

Courtesy of Prana

Shop at PranaWearing sun protection is never a bad idea, especially when it’s as comfortable as this UPF 30 hoodie. It’s made of an organic cotton, Tencel Lyocell, and elastane blend, offering lightweight breathability with a bit of stretch. The waffle-knit offers a fun texture to layer with other items, including larger jackets as an outer layer, or tank tops underneath. The moisture-wicking feature is great for warm summer days. It also features a hood to protect your neck and face from the sun, and a large front pocket to hold keys, a phone, and other necessities. The colors Thyme Heather and Black Heather start at just $35. One reviewer said, “This hoodie is super soft and really comfortable to wear. The fabric feels great right away, no break-in time needed. It’s one of those hoodies you can throw on and just relax in.”Related: REI is selling an ‘extremely versatile’ sun hoodie for $37 that’s ‘lightweight and breathable’Lotus Midi Dress, $31 (was $78) at Prana

Courtesy of Prana

Shop at PranaThis stretchy, fitted dress is made of an organic cotton blend with Tencel Lyocell and elastane, giving it a soft feel with a ribbed-knit texture that doesn’t lose its shape. It’s cute on its own for a cool spring evening out, or can be layered with your favorite jacket and platforms for an elegant but laid-back look. The olive green neckline and the multi-colored stripes give a unique and fun look that fits any season. I don’t have this specific dress, but I have a similar one from a few seasons ago that has been a go-to item for ‘smart casual’ occasions, and it’s kept its shape. One reviewer also said, “I love this dress. It’s great for layering in colder weather, and you can dress it up or down, which I like. I’m glad I ordered this.”100% Organic Cotton Hideaways Pant, $78 at Prana

Courtesy of Prana

Shop at PranaThe only item on this list that isn’t for sale, these pants make up for it in versatility. These are one of my favorite pairs of pants I’ve ever had. While most of Prana’s items change every season, these are one of the few items that have been back in rotation on the website a few times.  They’re lightweight and great for in-between weather, perfect for spring and fall, but also breezy and cool during summer. They keep the sun from searing my legs during the 90-degree heat while also offering a lightweight breezy flow that keeps me cool. The waistband is super stretchy and does not stretch out throughout the day, which prevents overly stretched-out and sagging pants. The pockets are large enough to hold multiple items, and the material has a pattern that adds texture and alleviates the need for ironing. I’ve packed these pants in my suitcase for weekend trips, and they haven’t wrinkled. The 100% organic cotton makes them soft and durable, and I have multiple pairs that I’ve worn climbing, hiking, to dinner, to the beach, and they are still in impeccable condition. These pants can easily be dressed up or down, and they’re available in black, Mud Brown, and Alba White. I sized down one size in these pants.Shop more dealsHurricane Full Zip Fleece, $47 (was $158) at PranaEncinitas Bomber Jacket, $51 (was $128) at PranaWillow West Wide Leg Pant, $49 (was $98) at PranaThe Prana clearance sale has tons of items for almost any occasion. Its mission to provide a more sustainable fashion industry, combined with the affordable prices, durable pieces, and stylish designs, make them a great option for anyone looking to update their spring wardrobe. 

Target is not backing down from its plan to recover its reputation and win over customers.The retail giant has been dealing with several challenges over the last few years, and is the 14th most popular department store (behind Costco, JCPenney, Walmart and more) and the 452nd most popular brand, according to the latest YouGov polling. Declining sales have often been attributed to several controversies, boycotts over its Pride collection, and the rollback of its DEI (diversity, equity, and inclusion) initiatives.However, TheStreet retail reporter Maurie Backman recently highlighted that Target’s plan to regain customer loyalty has a serious flaw. Backman believes that before launching deals and advancing merchandising authority, Target should focus on fixing the actual stores. Experts such as GlobalData Retail Managing Director Neil Saunders previously pointed out that the retailer’s in-store experience has noticeably deteriorated. “Visiting Target stores is less pleasurable and less fun than it used to be,” Saunders told CX Dive. “There is far too much friction, and the experience is sometimes unpleasant.”While customers’ in-store experiences definitely plays an important role, recovering from previous mistakes can’t be fixed with just one change. That’s why Target is making moves on all fronts. I recently reported on its four big changes under the guidance of new CEO Michael Fiddelke, with the goal of reversing declining sales and increasing foot traffic. The company is transforming from an “everything store” to a store with a clear focus on high-quality, trendy items and a better shopping experience.Additionally, the company just unveiled special deals. Target rolls out a new 3-day sale, Target Circle Deal Days, for members Target shared on March 16 that it will hold a new three-day sale called Target Circle Deal Days from March 25-27, 2026. Per its official press release, the event is specifically for members of their loyalty program and focuses on deep discounts for spring essentials. Target Circle Deal Days builds on the success of previous events focusing on providing the biggest savings for its members. “The deals demonstrate Target’s merchandising authority to curate top products and brands at an exceptional value, which is one of the company’s growth priorities,” the retailer wrote. Target Circle Deal Days highlights Who can save: The deals are for members of the free Target Circle program. If you have the paid Target Circle 360 membership, you can start shopping the deals a day early on March 24.What is on sale: You can find discounts of up to 50% on thousands of items. Major highlights include 40% off women’s clothing, skin care, and kitchen appliances (like Keurig and Ninja), as well as 50% off select toys. Deals of the Day:  Every day of the sale, Target will reveal special 24-hour-only deals on major brands like Apple, Crocs, Hydro Flask, and Hanes.Special sign-up offers: Target is offering extra perks to get people to join their programs before and during the sale. New Target Circle members can get 15% off their first purchase, and those who sign up for the paid Circle 360 membership can get it for half price ($49 for the year). Additionally, people approved for a Target Circle credit card during this time can earn $100 in rewards.”Whether refreshing their spring wardrobe, giving their home a seasonal update or discovering new beauty favorites, this three-day event brings together the season’s most sought-after products — paired with incredible value and the joyful, easy experience guests expect from Target. Target Circle is how you get the best of Target — it’s the foundation of how we reward loyalty and deliver more value, access and inspiration every day,”  stated Sarah Travis, executive vice president and chief digital and revenue officer. 

Target rolls out a new three-day sale, Target Circle Deal Days, for members. Bloomberg/Getty Images

Target Circle program and the importance of loyalty memberships Industry data suggest that loyalty programs are key to customer retention. As inflation cools down but prices remain high, consumers are relying on membership offers and special deals to manage their household budgets. According to the latest statistics, loyalty membership programs are increasingly important both for customers and for retailers. In fact, 72% of consumers are more likely to spend with a brand if they are a loyalty member, and 56% report that these programs directly increase their total monthly spending, according to recent 2026 data from Zoho Thrive. Moreover, members are 43% more likely to shop weekly compared to nonmembers, helping brands maintain foot traffic. At the same time, consumers appreciate value and rewards. More than 60% of U.S. consumers state they are willing to pay a membership fee in exchange for exclusive benefits and an elevated experience, a 2022 report by Deloitte indicated. More Retail:Walmart closes stores for weeks to test new perks for shoppers91-year-old grocery chain closes another store in a key market Home Depot borrows from Domino’s to fix major pain pointLowe’s makes major change to how you interact with its stores  Among Millennials, 71% use loyalty programs specifically as a primary tool to save money during their weekly shopping runs, according to data from Commerce Tools. This suggests Target’s push into loyalty-driven promotions aligns with broader consumer behavior trends. The retailer offers three ways to save, ranging from a free membership to a paid “all-access” plan.  Target membership options key highlights Target Circle (Free): The standard loyalty tier that includes automatic discounts at checkout, personalized “Just-for-you” bonuses, and a 5% off birthday gift.Target Circle 360 (Paid): A premium membership ($99/year or $49/year for cardholders) that provides unlimited Same-Day Delivery on orders over $35, free two-day shipping, “Monthly Freebies,” and an extra 30 days for returns.Target Circle Card: A credit or debit option that gives holders an extra 5% off every day, free 2-day shipping on most items, and the extended 30-day return window.
Source: Target Circle and Target Help 
Target’s recent milestones, moves, and efforts to win back customers Last year, Target took several actions in an effort to win back consumers, including several promotional offers and discounts.However, analysts caution that heavy discounting may not be a long-term fix, as similar strategies have historically delivered only short-lived sales boosts. “The price cuts are a step in the right direction, but they alone are not enough to win back customers. The ​winning playbook is broader than simply lowering prices,” said CFRA analyst Arun Sundaram, as reported by Reuters. Target’s latest earnings report for the fourth quarter of 2025 showed a year-over-year 2.5% decline in comparable sales, confirming that the recovery is a slow process.Moreover, the retailer’s full-year 2025 net sales dropped 1.7% to $104.8 billion, reflecting a 2.6% decrease in comparable sales, according to its 8-K filing with the Securities and Exchange Commission (SEC). After a large corporation experiences widespread public criticism and consumer boycotts, the path to recovery is steep; every subsequent decision is scrutinized by the public. This heightened sensitivity was evident recently when the company faced backlash for declining to take a formal stance against ICE operations in Minneapolis.According to Nielsen IQ’s 2026 Consumer Outlook, 95% of consumers say brand trust is now the most critical factor when choosing where to shop, and Target has a long road ahead to win back that trust. Whether Target can fully regain customer trust remains uncertain, but the company is clearly accelerating efforts to stabilize sales and rebuild loyalty.Target’s recent moves and milestones New CEO: Michael Fiddelke became CEO on February 1, 2026, pivoting the brand toward a “new chapter of growth,” according to the official press release.$2 billion investment: Target is spending $2 billion this year, including $1 billion for store payroll and training to improve the in-store experience, the company reported on March 3, 2026. 2,000th store milestone: The company opened its 2,000th store in Fuquay-Varina, N.C., featuring an expanded grocery section and 24 Drive Up lanes, per Target’s report. Price cuts: Target lowered prices on 3,000+ items across apparel, home, and essentials to attract budget-conscious shoppers, according to previous reporting by TheStreet.Next-day delivery expansion: Target recently announced the expansion of the next-day delivery to 20 more metro areas (e.g., Indianapolis and Cincinnati), reaching 60% of the U.S. population. Clean label initiative: Target plans, by the end of May 2026, to become one of the first national retailers to carry only cereals made without certified synthetic colors, according to TheStreet.Related: Amazon rival brick-and-mortar chain closing more stores

Devon Energy (DVN) is getting some shocking information from Wall Street. In the middle of a global oil shock tied to the escalating Iran war, the entire narrative seems to be shifting.The latest catalyst is coming in the shape of a couple of very excellent analyst upgrades. Raymond Jamesraised its price target on Devon to $62 from $52, maintaining an outperform rating. TD Cowenalso lifted its target to $50 from $46 while keeping a hold rating.What that means is that the analysts are expecting even more upside for a stock that is doing very decently right now after a strong run in 2026.But the bigger driver is unfolding far beyond company fundamentals.The ongoing conflict between the U.S., Israel, and Iran is triggering one of the most severe disruptions to global oil supply in decades. At the heart of the matter is the Strait of Hormuz. Many are scratching their heads as to why the Strait of Hormuz, a small patch of land, is attracting so much attention. However, those in the know understand that it is a critical chokepoint that typically carries about 20% of the world’s oil supply.Iran has effectively stopped all shipping through the Strait. Because of this, tanker traffic is falling apart, and attacks on ships are rising. That has pushed Brent crude above $100 per barrel, CNBC reported. At one point it reached as high as $126, which is the largest energy-supply shock since the 1970s.If that was not enough, we are also seeing rising political temperatures within Washington. A major turning point came when Joe Kent, head of the U.S. National Counterterrorism Center, decided to step back from the key post, saying Iran posed “no imminent threat.”That departure is significant, as it represents the first high-level departure tied to the conflict. For many pundits, it feels like the direction of the war is now in danger. There is now a growing uncertainty regarding the conflict and its potential economic fallout.For investors, all of this means one thing: Higher oil prices are making energy stocks go up, and Devon is right in the middle of that trade.Devon Energy is getting help from oil prices and cost disciplineThe surge in crude prices is suddenly turning balance sheets upside down for several oil stocks. Previously struggling companies are suddenly seeing their coffers fill up. At the same time, the established players are gaining a further foothold.Raymond James made it clear that their bullish call was based on the rise in oil prices, which they said was increasing Devon’s upside potential after the Iran conflict. That matters because the company was already doing well in terms of operations.More Oil and Gas:Energy giant sends blunt $20 billion message on dividend growth147-year-old oil giant just raised dividend 4% in 2026Top energy stocks to buy amid Venezuela chaosDevon reported fourth-quarter revenue of $4.12 billion, beating expectations of $4.03 billion, while adjusted EPS came in at $0.82. Analysts also pointed to a 9% free cash flow beat and improved capital efficiency, reinforcing confidence in management’s execution.Devon Energy is also making significant headway with regard to cost. Devon completed about 85% of its $1 billion optimization plan by the end of 2025 and expects to reach the full $1 billion annual savings target by 2026.Cost discipline is key for Devon. It means that Devon is not only getting more money from oil, but also becoming a better producer at the same time.The stock reflects that shift. Shares are up roughly more than 20% year to date and have traded near a 52-week high, while still maintaining a relatively modest P/E ratio around 11, suggesting valuation support remains. If the war continues, the upside will only improve from here.

Devon Energy gets shocking new help from the Iran crisis.Shutterstock

The Coterra merger adds another layer to the Devon storyNo one can ignore oil prices right now, but the long-term upside of the company is tied to its planned merger with Coterra Energy (CTRA), slated to be completed in the second quarter of 2026, per Reuters.Analysts expect the combined company to become one of the largest producers in the Lower 48, second only to ConocoPhillips in output.Related: JPMorgan’s shocking Iran forecast could change oil’s next moveThe deal will save Devon about $1 billion a year by 2027, on top of the already large savings plan, making for a robust financial thesis about higher oil prices, lower costs, and bigger operations.Still, risks remain.The geopolitical backdrop for the Iran war is very shaky. While Israel has claimed progress in weakening Iran, the conflict continues to rage within the region, with missile strikes and proxy involvement spreading beyond initial targets. The financial and energy markets are on notice. Iran has also been using the Strait of Hormuz as a bargaining chip, threatening to keep it closed to put pressure on its enemies and the world economy, leading to an unusual catalyst for the company.Devon is affected by this uncertainty on both sides. Prolonged conflict could keep oil prices elevated, supporting earnings. But any sudden de-escalation could quickly reverse those gains.Key takeaways for Devon Energy investorsRaymond James raised its price target to $62; TD Cowen to $50Revenue:$4.12 billion (beat expectations)EPS:$0.82Free cash flow: Beat estimates by 9%Cost savings:$1 billion annual target by 2026Merger synergies: Additional $1 billion annually by 2027Oil prices: Surged above $100 amid Hormuz disruptionMacro risk: War escalation and political divisionsThe thesis is becoming clearer in the near term. Devon Energy is starting to benefit from one of the most powerful, yet unique and unusual, catalysts in the world: a global energy supply shock.With oil prices elevated, analysts turning more bullish, and a monumental merger coming up, the stock benefits from multiple growth trends working in its favor.But ultimately, the biggest variable is one Devon does not control. The path of a conflict that is shocking not only the energy market but also the global economy as a whole.Related: Chevron, Shell make stunning Venezuela move as Iran crisis deepens

Democrats have claimed Attorney General Pam Bondi has not committed to complying with her subpoena to testify on the release of the Epstein files.

Can the “Netflix effect” from an upcoming Napa Valley series spark a Drive to Survive-style revival for the wine industry?