Tag: Energy
Trump leads Biden in 7 swing states and is favored on handling the economy: poll
Former President Donald Trump continues to have an advantage over President Joe Biden in the U.S. states that are likely to decide the 2024 White [Read more about this post…]
AI sector on course to use as much power as Spain by 2027, new report warns
The fast-paced growth of the generative artificial intelligence (AI) sector has put it on course to start consuming the same amount of electricity each year [Read more about this post…]
Oil prices fall despite ‘grave escalation’ of Middle East crisis. Here’s why.
A drone strike Sunday killed three U.S. troops in Jordan over the weekend, raising the potential for further violence in the oil-rich Middle East, but [Read more about this post…]
Bloom Energy’s stock wilts after BofA’s ‘sell’ call
Shares of Bloom Energy Corp. sagged Monday toward their worst monthly performance in nearly two years after BofA Securities turned bearish on the hydrogen manufacturer, [Read more about this post…]
Markets seen on edge after drone attack kills U.S. troops, escalates Mideast crisis
A drone attack that killed three U.S. service members in northern Jordan, blamed by the White House on Iran-backed militants, marks a major escalation of [Read more about this post…]
Here’s why Biden may not get a political lift from strong GDP growth
The U.S. economy scored another good grade Thursday, showing stronger-than-expected growth of 3.3% in gross domestic product for the fourth quarter. President Joe Biden and [Read more about this post…]
Opinion: 5 real risks that could crush stocks in 2024 — and why they won’t
As U.S. stocks flirt with new highs and recession seems less and less likely, the hard-core stock-market bears continue to predict an array of market-tanking [Read more about this post…]
Expect more deals in the food sector as companies grapple with low-volume world
Investors can expect to see more deal activity in the U.S. food sector in 2024, as companies are still seeking to improve the growth profile [Read more about this post…]
Nokia stock climbs as cost cuts limit damage from 23% drop in sales
Nokia shares rallied on Thursday as the telecom equipment maker reported better-than-expected margins despite sales missing estimates. Nokia stock NOKIA, +8.07% NOK, +1.49% in Helsinki [Read more about this post…]
Plug Power faces ‘increasingly arduous path,’ a new bear warns
Although Plug Power Inc. shares soared 31% Tuesday after the alternative energy company announced a new funding arrangement, a BMO Capital Markets analyst isn’t convinced [Read more about this post…]
