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Tag: Energy
It’s a Good Time to Buy Berkshire Hathaway Stock. Here’s Why.
Text size Berkshire Hathaway CEO Warren Buffett. Johannes Eisele/AFP/Getty Images Berkshire Hathaway has never been in better shape. Its stock looks appealing after pulling back more than 15% from its...
3 International Energy Stocks for Dividends And Growth
International stocks provide terrific companies for U.S.-based investors — including those seeking dividends. A number of international companies are listed on U.S. exchanges making access to th...
A New Atomic Age? Bipartisan Interest In Nuclear Energy Growing Amid Rising Energy Demand
The Diablo Canyon nuclear plant in California had been set to close in 2025, but because of rising … [+] energy demand, some are reconsidering that timeline Bettmann Archive After initially expo...
What Bear Market? Canada’s Largest Blockchain Conference Beamed With Bullish Energy
“For the first time in a long time, people were inspired again,” said Greg Gopman, chief marketing officer of crypto infrastructure provider Ankr, who was at the event. “Maybe it was Vitalik showing u...
IEA Raises Oil Demand Estimate for 2022; Here Are 2 Energy Stocks That Stand to Benefit
We’ve all seen the headlines lately, about Russia cutting back its natural gas exports to Germany – and to Western Europe generally. The cuts come in response to Western sanctions over the Ukraine war...
The Big Winners—and Losers —in the Inflation Bill
Senate Majority Leader Chuck Schumer (D-NY) helped shepherd the Inflation Reduction Act through the Senate after earlier bills died. Drew Angerer/Getty Images Text size The House won’t take up Democra...
We’ll have to burn additional coal in the short term, CFO of RWE says
An excavator photographed at a lignite mine operated by RWE on April 8, 2022. RWE says it wants to be carbon neutral by 2040. Alex Kraus | Bloomberg | Getty Images The chief financial officer of Germa...
Celsius Energy Drink’s CEO To Streamline Logistics After Receiving $550 Million Investment From PepsiCo
Celsius Holdings, which has taken over social media and the fitness industry by storm, recently … [+] secured a $550 million investment along with a long-term distribution partnership with Pepsi...
The CEOs of Disney and Devon Energy deliver upbeat outlooks to CNBC
The CEOs of two Club holdings spoke to CNBC on Thursday: Walt Disney Co. ‘s (DIS) Bob Chapek and Devon Energy’s (DVN) Rick Moncrief. Here what you need to know: Disney CEO Disney’s t...
buy Cheniere Energy stock as natural gas demand is here to stay
Cheniere Energy Inc (NYSEAMERICAN: LNG) is already up 50% for the year but Victoria Greene (Chief Investment Officer of G Squared Private Wealth) is convinced the stock is not out of juice yet. Chenie...
July PPI Declines As Energy Falls, But Fed’s Inflation Challenge Remains
FILE – The sun sets behind an idle pump jack near Karnes City, USA, April 8, 2020. Oil markets have … [+] been fluctuating over fears of lost supplies from Russia because of the war in Ukr...
Genesis Digital Locks In 708 MW of Energy for Bitcoin Mining
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
CleanSpark posts $29.3 million net loss and will exit the energy business
Bitcoin miner CleanSpark posted a net loss of $29.3 million in the third quarter of its fiscal year ending in June, compared with a net loss $170,000 in the previous quarter. The company is exiting en...
Landfill Gas Mitigation Firm Vespene Energy Secures $4.3M to Bolster Gas-to-Bitcoin Solutions – Bitcoin News
On August 9, a firm that uses landfill methane to fuel bitcoin miners, Vespene Energy, announced the company has raised $4.3 million in a funding round led by Polychain Capital. Vespene aims to use th...
Ports And Casino Tycoon Enrique Razon Jr. Bets $3 Billion On Green Energy
This story appears in the August 2022 issue of Forbes Asia. Subscribe to Forbes Asia Enrique Razon Jr. ICTSI This story is part of Forbes’ coverage of Philippines’ Richest 2022. See the full list here...
Plug Power Misses Estimates. But Analysts Lift Price Targets on Climate Bill Catalysts.
Text size Photo courtesy of Plug Power Plug Power shares rose sharply Wednesday despite the fuel-cell company reporting second-quarter revenue that missed estimates. Analysts said they expect Plug Pow...
Hackers have stolen $1.4 billion this year using crypto bridges
Mining the Worlds Second-most-valuable Cryptocurrency at Evobits I.T SRL An engineer inspects Sapphire Technology Ltd. AMD graphics processing units (GPU) at the Evobits crypto farm in Cluj-Napoca, Ro...
GE Is Worth More in Pieces. Wall Street’s Math Shows Why.
Text size GE management is breaking up the company. Luke Sharrett/Bloomberg General Electric will soon be breaking into three parts, so Wall Street is starting to value the company on a sum-of-the par...
Vespene Energy Raises $4.3M Funding to Convert Landfill Methane into Bitcoin
Berkeley-based renewable energy company Vespene Energy announced on Tuesday that it had raised $4.3 million in a funding round led by Polychain Capital and joined by other climate-focused funds. Vespe...
Energy, weather problems helped push bitcoin miner Marathon to $191.6 million net loss
Bitcoin miner Marathon saw a net loss of $191.6 million in the second quarter of 2022, a significant jump from a $13 million net loss in the first quarter. Revenues fell 51.8% to $24.9 million. The co...
Vespene Energy Raises $4.3M to Turn Methane From Landfills Into Sustainable Bitcoin Mining
Vespene Energy has received $4.3 million in funding from Polychain Capital and others to continue converting methane gas from landfills into power for bitcoin mining. The company generates energy from...
Iris Energy doubles hash rate after reaching 50 megawatts at Mackenzie site
Bitcoin miner Iris Energy doubled its hash rate to 2.3 exahash per second (EH/s) after completing phase two of its Mackenzie site, in Canada, last Friday. The company expects to add an additional 1.4 ...
Plug Power stock dips after earnings hit by fuel pressure
Shares of Plug Power Inc. dipped in after-hours trading Tuesday after the hydrogen fuel-cell company fell shy of expectations with its latest revenue and earnings. The company recorded a second-quarte...
In Summer Of Record Heat, U.S. Power Grid Is Holding Up–So Far
High voltage transmission towers in Houston, Texas Getty Images Despite earlier warnings from grid operators and power grid reliability experts, this summer’s unprecedented heat waves have not caused ...
Vertex Energy Shares Plunge After Q2 Results
Benzinga Louisiana-Pacific Shares Slip Post Q2 Results Louisiana-Pacific Corp (NYSE: LPX) reported a second-quarter FY22 sales decline of 3% year-on-year to $1.13 billion, missing the consensus of $1....
Japanese shipping giant to take part in tidal power project
Buildings in Singapore at dusk. Asia is already home to a number of tidal power projects. Guvendemir | E+ | Getty Images Japanese shipping giant Nippon Yusen Kaisha is to take part in a tidal power pr...
Oil prices are down, but energy companies’ earnings estimates keep rising — these stocks are cheap
Oil prices have fallen from a peak earlier this year. But energy companies’ earnings estimates have kept rising on stronger demand and low capital spending. Below is a screen of large-cap oil stocks a...