Shortages of electricity in China threaten to slow down economic growth there, while Europe has its own problems. Oil prices are rising.
Roku, if you did not know, is the company whose devices are small streaming boxes or streaming sticks that connect to your television. In the daily bar chart of ROKU, below, we see an interesting picture.
Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) and its joint venture partner NAMCOR (the state oil company of Namibia) announce the completion of the first seismic acquisition program ever conducted in the Kavango Basin, in northeast Namibia.
(Reuters) -Many people are passionate about climate change, but not everybody should drive a battery electric vehicle as a means to combat climate change, Toyota Motor Corp Chief Scientist Gill Pratt said on Thursday at the Reuters Events Automotive Summit. Pratt's comments, during a discussion on electric vehicles, appeared to amplify remarks made over the past year by Toyota President Akio Toyoda. Toyoda and other company officials have said that electric vehicles will play a greater role in reducing emissions, but other solutions should be used, Toyota's gasoline-electric hybrid models or hydrogen-powered fuel cell electric vehicles.
(Bloomberg) -- Drones buzz above traffic-clogged roads in Ordos, Inner Mongolia, as white-capped police officers attempt to manage lines of hundreds of trucks waiting to be loaded with cargoes of coal. Many have been there for days. Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyForget Palm Springs—Santa Fe Is the New Mecca for Modern ArchitectureCities' Answer to Sprawl? Go Wild.Google’
(Bloomberg) -- Stockpiles at the biggest U.S. crude depot are quickly approaching critically low levels. The last time that happened, crude cost more than $100 a barrel.Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyForget Palm Springs—Santa Fe Is the New Mecca for Modern ArchitectureCities' Answer to Sprawl? Go Wild.Google’s Biggest Moonshot Is Its Search for a Carbon-Free FutureThe sto
Photo by Towfiqu barbhuiya on Unsplash Many Americans worry they’re not saving enough for retirement, and rightfully so. A recent Northwestern Mutual study found that 71% of U.S. adults admit their financial planning needs improvement. However, only 29% of Americans work with a financial advisor. The value of working with a financial advisor varies by person and advisors are legally prohibited from promising returns. Still, research suggests people who work with a financial advisor feel more at
In his first "Executive Decision" segment of Mad Money Thursday night, Jim Cramer spoke with Marc Bitzer, chairman and CEO of Whirlpool , the appliance maker. Bitzer explained that he's built a different Whirlpool for a direct world. Whirlpool is no longer a cyclical, boom-and-bust company, he said.
After falling yesterday, shares of Plug Power (NASDAQ: PLUG) are roaring back today as the pessimism that plagued the fuel cell specialist's stock on Wednesday seems to be waning. The catalyst for today's movement appears to be news that the company is progressing in its plans to develop a green hydrogen production facility in its home state of New York. As of 10:25 a.m. EDT on Thursday, shares of Plug Power were up 5.7%.
Enovix investors will be happy to hear that their stock was the only one of the three to also be "in the green" for Thursday, in particular, tacking on 1.6%. In the case of FuelCell, the fuel-cell industry's eponymous star owed its gains primarily to bullish pronouncements from one of its rivals, Plug Power, which announced last week that hydrogen fuel cells are getting so popular that it expects to record as much as $850 million in sales next year -- and more than triple that number by 2025. Investors are betting that what's good news for Plug will be good news for FuelCell, as well, which, at $3.1 billion in market capitalization, is far smaller than Plug and therefore has more room to grow.
Biden's plan to speed holiday gift deliveries by prodding California ports to operate round-the-clock leaves other supply-chain snarls unresolved.
(Bloomberg) -- Copper, aluminum and nickel erased early gains to resume their slide as the global energy crisis and growing concerns about global growth continue to roil the industry.Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyForget Palm Springs—Santa Fe Is the New Mecca for Modern ArchitectureCities' Answer to Sprawl? Go Wild.Google’s Biggest Moonshot Is Its Search for a Carbon-Free
If you owned a $1,000 stake in Berkshire Hathaway when Warren Buffett became the company's CEO more than a half-century ago and held on to your position, you would now own stock worth roughly $22.6 million. While matching that kind of incredible performance over the next 50-plus years is likely out of reach due to the investment conglomerate's already massive size, the company's performance under Buffett's tenure should make it clear why the famous investor is sometimes referred to as the Oracle of Omaha. Berkshire Hathaway's investment portfolio continues to reflect Buffett's focus on high-quality companies that are built to perform over the long term, and it's little wonder that investors around the world continue to look to him for guidance on market-beating stock plays.
Canada's oil producers face new pressure from Prime Minister Justin Trudeau to reduce emissions in just three years, a sudden acceleration of their plans that at least one major company said looks unrealistic. Suncor Energy, the second-largest Canadian crude producer, says it remains focused on cutting emissions by 2030, not 2025 as the Canadian government will require. "Honestly, 2025 is going to be tough," Martha Hall Findlay, Suncor's Chief Sustainability Officer, told Reuters.
Dr. Manish Garg, Emergency Medicine Physician & Co-Founder of World Academic Council of Emergency Medicine, discusses the latest research on Covid-19 booster shots and the new Delta Plus variant surging in the UK.
PJM Interconnection, the largest U.S. power grid operator, could restrict how much some coal-fired plants can operate this winter if their fuel supplies fall below certain levels to ensure coal will be available in the case of a deep freeze in the eastern part of the country. Energy prices around the world are trading near multiyear highs as supplies of coal, oil and natural gas run short, causing power outages in China and utilities in Europe and Asia to scramble to buy fuel before the winter heating season. To help ensure power plants will be available when needed this winter, PJM said it may restrict steam units, which are generally coal-fired, from operating if they have less than 10 days (240 hours) of fuel supply available.
(Bloomberg) -- Oil is poised to post the longest stretch of weekly advances since 2015 as OPEC+ producers only modestly supply the market and as U.S. crude supplies shrink. Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyForget Palm Springs—Santa Fe Is the New Mecca for Modern ArchitectureCities' Answer to Sprawl? Go Wild.Google’s Biggest Moonshot Is Its Search for a Carbon-Free FutureCru
Prices are skyrocketing on a number of consumer staples and breakfast items — everything from coffee to milk — as companies try to offset surging costs due to supply constraints and production challenges. And relief may not be coming anytime soon.
Plug Power (NASDAQ: PLUG) stock is 57% off its high price of more than $73 this year. Let's take a closer look at Plug Power's recent performance and its growth prospects. Plug Power has a long history of incurring losses.
Rome is drawing up an offer to try to convince Intel to invest billions of euros in an advanced chipmaking plant in Italy, as Germany emerges as frontrunner to land an even bigger megafactory planned by the U.S. company, three sources said. The plants would be part of a drive by the U.S. group to build cutting-edge manufacturing capacity in Europe to help avoid future supply shortages of the kind currently crippling the automotive industry in particular. Rome is already in talks with Intel about the potential investment, which according to preliminary estimates would be worth more than 4 billion euro ($4.7 billion), the sources who are involved in the discussions said.
The search giant takes a cut of 22% to 42% of U.S. ad spending that goes through its systems, according to the lawsuit. Snap's sales guidance is responsible for the stock's drop.