Capitalizing On Crypto: Riot And Iris Energy Present Opportunities, Analyst Sees 100% Upside
JPMorgan analyst Reginald L. Smith rates RIOT and IREN stocks as Overweight; With IREN, the stock offers 100% upside potential.
Norway’s Sovereign Wealth Fund Contemplates Rio Tinto Divestment
Norway's sovereign wealth fund may divest from Rio Tinto over alleged deforestation in Amazon. Its stake in Rio Tinto is worth $2.15B.
2 Of The Top 5 World Economies Can Now Run 100% On Renewable Energy
California aims for 100% clean power by 2045, but recent data showed it's already reaching that goal for a few hours daily thanks to wind, water, and solar energy. In Germany, a similar milestone was achieved in 2018, when the entire grid was covered by renewable energy for the first time
Asia Market Mixed While Europe Climbs; Crude Oil Dips Below $75, Gold Above $2,070 – Global Markets Today While US Was Sleeping
U.S. stock markets close higher on anticipation of earnings reports and employment data. 10 S&P 500 sectors gain, led by consumer sectors.
Battleground For Oil Majors: BP Activist Investor Calls For Cut In Green Energy Pledges
Hedge fund says BP's energy transition policies are hurting the share price.
3 Key Priorities For Investment Banks In 2024: Report Details Strategies For Success
Here are three key priorities for investment banks and capital market firms to navigate in 2024, according to Deloitte.
BlackRock To Trim Staff By 3%, Adjust Its ESG Investment Tactics: Report
BlackRock Inc (NYSE: BLK), the world's largest money management firm, is set to reduce its global workforce by approximately 3 percent.
Plug Power’s Rocky Road As Hydrogen Dreams Face Financial And Regulatory Challenges
Plug Power (PLUG) faces negative gross margins, liquidity concerns & project delays. Cash burn adds to woes. Morgan Stanley and Piper Sandler downgraded the stock.
Lithium Americas Tests Investor Patience Despite Ambitious Projects, Key Partnership With GM
Lithium Americas is on track with its ambitious Thacker Pass project. However, the stock continues to test investor patience.
Crude Conundrum: US Oil Production Hits Record Levels, But Energy Stocks Aren’t Pumping
U.S. oil production is at record levels, beating pre-pandemic records, helping push global oil prices down, meanwhile Energy stocks are trading lower.