Text size Berkshire Hathaway CEO Warren Buffett. Alex Wong/Getty Images Bonds don’t excite Warren Buffett even after the sharp rise in yields this year. The Berkshire Hathaway (ticker: BRK/A, BRK/B) C...
Tag: Energy
These 2 ‘Strong Buy’ Energy Stocks Have Crushed the Market in 2022 — And They Can Go Even Higher
The energy sector has been riding high this year, with the S&P 500 Energy index up a whopping 65%. So the question for investors is, does the sector have more room to run? According to Wall Street...
Investing Whiz Bob Doll Says These High-Quality Energy Stocks Can Thrive in a Volatile Market
A look at the year-to-date charts of the major stock market indexes shows that the bearish trend has been choppy. It’s been marked by short rallies that sputter out until the pattern repeats. This mak...
Plug Power Missed Sales Estimates By a Mile. Wall Street Isn’t Worried.
Hydrogen fuel-cell technology company Plug Power reported third-quarter results that fell way short of Wall Street expectations, but analysts still believe the company’s future is very bright. Tuesday...
US launches carbon offset program to help developing countries
US Special Presidential Envoy for Climate John Kerry speaks at the opening of the US Pavilion during the COP27 climate conference at the Sharm el-Sheikh International Convention Centre, in Egypt’...
Renault is betting the market for gasoline cars will continue to grow
Renault sees the internal combustion engine continuing to play a crucial role in its business over the coming years, according to a top executive at the French automotive giant. On Tuesday, it was a...
Billionaire Sarath Ratanavadi’s Gulf Energy To Takeover Thai Satellite Firm For $292 Million
Sarath Ratanavadi, founder and CEO of Gulf Energy. Forbes Thailand Gulf Energy—controlled by billionaire Sarath Ratanavadi—is spending as much as 10.9 billion baht ($292 million) to take over satellit...
Net Zero Needs Fusion. What Should Investors Be Asking The Frontrunners?
The urgency for fusion energy cannot be overstated. On October 27, the UN warned that there is “no credible pathway to 1.5° C in place,” and current policies point to a catastrophic 2.8° C of warming ...
Plug Power results come in below Street view following warning
Plug Power Inc. shares fluctuated between small gains and losses in the extended session Tuesday after the hydrogen- and fuel-cell systems company made good on its warning a few weeks ago and results ...
Bitcoin Mining Firm Iris Energy Receives $103M Default Notice
10 seconds ago | 2 mins read Bitcoin News The company’s average mining hash rate in October was 3.9 EH/s. As it stands, the company looks to have fallen on hard times due to a confluence of factors. B...
This energy stock stands to benefit if GOP wins the midterm elections
“XLE” – the Energy Select Sector SPDR Fund is already up more than 20% for the year but energy stocks are not out of room to run just yet, says Al Rabil. He’s the Co-Founder and Chief Executive of Kay...
Oil, Club news, Disney earnings
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Oil in focus Quick mention...
We’re increasing price targets on 3 of our stocks, including 2 crushing the boarder market
Following our price target changes on eight Club holdings last month, we’re updating three more Tuesday to reflect their recent quarterly earnings reports and outlooks. Eli Lilly (LLY): Club pri...
Apecoin Price Likely To Climb 20% If APE Can Sustain Its Energy
Apecoin (APE) is currently having a challenging start for November as it continues to paint its chart in red, declining by almost 15% over the last 30 days. The main cryptocurrency of the Bored Yacht ...
2 Lenders Claim Bitcoin Miner Iris Energy Defaulted on Equipment Loans Worth $103 Million – Mining Bitcoin News
Another bitcoin mining company is dealing with financial issues as Iris Energy’s Form 6-K filing with the U.S. Securities and Exchange Commission (SEC) shows the company could face default on two loan...
Bitcoin miner Iris Energy faces $103M default claim from creditors
According to a new filing with the U.S. Securities and Exchange Commission on Monday, Bitcoin (BTC) miner Iris Energy says it has received a default notice from mining rig manufacturer Bitmain Technol...
Strong GOP showing in midterm elections likely good for energy
CNBC’s Jim Cramer said he anticipates a near-term rally in energy stocks if Republican candidates perform well in Tuesday’s midterm elections and win a majority in at least one chamber of ...
Energy Stock Diamondback Energy Tops Earnings Views, Returns Millions To Shareholders
Energy stock Diamondback Energy (FANG) topped earnings estimates and matched sales views Monday, as the oil producer returned nearly $900 million to its shareholders while production remained mostly f...
Democrats’ And GOP Energy Policies Clash At Midterms
President Joe Biden’s recent statements denouncing coal drew fire from Sen. Joe Manchin (D-W.Va.) and several western Democrats, upsetting the calculus for many elections out west. In midterms, Biden ...
Bitcoin Miner Iris Energy Faces Default Claim on $103M of Equipment Loans
The reason for the notice of default, which the lender sent to the miner on Nov. 4, is the company failed to engage in “good faith restructuring discussions” for the debt in question, acco...
Iris Energy receives default notice on $103 million
Bitcoin mining operator Iris Energy Limited said two of its miners received a notice of default on more than $100 million in debt. In a document filed with the Securities and Exchange Commission, the ...
Taxation is a blunt instrument, IATA chief Willie Walsh says
The aviation industry requires more carrot and less stick going forward to become more sustainable, according to the director general of the International Air Transport Association. Speaking at CNBC&#...
Why banking uses at least 56 times more energy than Bitcoin
The next time Bitcoin (BTC) comes under fire for energy consumption, remember this statistic. The banking industry uses at least 56 times more energy. That’s according to cryptographer and found...