Ninety-four percent of the analysts who follow Alphabet, Google’s parent company, rate it at Buy. David Paul Morris/Bloomberg Text size Investors usually have to pay up to get high-quality stock...
Tag: Energy
Renewable Energy Company Closes $4.3M Capital Round to Convert Landfill Methane Into Bitcoin
Vespene will use the fresh capital to launch its pilot site in California, making it the first company to convert wasted landfill methane into Bitcoin, the company said. One Vespene module will take a...
Berkshire Now Holds 20% of Occidental Petroleum
Text size Berkshire CEO Warren Buffett has steadily accumulated Occidental stock this year. AFP via Getty Images Berkshire Hathaway now owns just over 20% of Occidental Petroleum after about $400 mill...
Wage inflation, used car prices could jump higher: Jim Bianco
Washington’s efforts to curb inflation will fall short particularly this year, according to market forecaster Jim Bianco. And, he believes this week’s key inflation data will help prove it...
Binance CEO Shares IMF Study on Crypto Energy Consumption
15 mins ago | 2 mins read Exchange News DLT networks may have a significant impact on the amount of energy used by assets. Energy-efficient contactless payments might be implemented for CBDCs. An IMF ...
Norway threatens to ration electricity in fresh blow for UK and European energy supplies
UK Norway hydropower North Sea interconnector energy crisis Putin Norway has drawn up plans to ration electricity exports in a move that has heightened fears of energy shortages in the UK and Europe t...
Hydrogen A Winner As Manchin Forces A Diverse Energy Transition Policy Approach
WASHINGTON, DC – AUGUST 7: Sen. Joe Manchin (D-WV) talks to reporters during amendment votes, also … [+] called the “vote-a-rama”, on the Inflation Reduct Act at the U.S. Capit...
UK cash withdrawals hit a record high as Brits grapple with inflation
Post Office has attributed the record amount for personal cash withdrawals at its 11,500 branches to more staycations in the U.K. and people using cash to manage their budgets. Gannet77 | Getty Images...
Shale Drillers Warn of Higher Costs as They Report Record Profits
Shale companies are reporting banner profits but are warning that inflation in the oil patch is leading them to increase their spending. Oil prices hovering around $110 a barrel in the second quarter ...
Here’s What’s in the Senate’s Tax and Energy Bill
(Bloomberg) — The Senate passed Democrats’ landmark tax, climate and health-care bill, setting up the legislation for House approval and President Joe Biden’s signature. Most Read from Bloomberg...
Winners and Losers In Democrats’ Signature Tax and Energy Bill
(Bloomberg) — President Joe Biden and Senate Majority Leader Chuck Schumer are the biggest winners now that a huge piece of Democrats’ economic agenda is hurtling toward enactment. Most Read fro...
Senate Passes Climate Bill. The Rush to Renewable Energy Is On.
The climate and tax package passed by the Senate on Sunday will unlock around $400 billion in funding for clean energy and accelerate a historic shift in how the world is powered. Along with a paralle...
Ethanol Industry Wants to Bury Its Carbon, but Some Farmers Stand in the Way
GOLDFIELD, Iowa—As climate-change concerns grow, ethanol plants like the one in this town of 630 surrounded by 10-foot-tall corn stalks are eager to join new pipeline networks that aim to carry carbon...
GE Is Building the Electricity Grid of the Future. Here’s What We Found on a Tour.
Text size GE wants to be a player in the electricity grid of the future. That will benefit its coming Vernova business. Brandon Bell/Getty Images NISKAYUNA, N. Y–In General Electric ’s sprawling resea...
Argo mined 22.4% more bitcoin in July than in June — and sold 887
Bitcoin miner Argo mined 22.4% more bitcoin in July compared with June. It also sold 887 BTC in July, at an average price of $22,670 per coin. The company used a majority of those revenues to reduce i...
The Math Behind GE’s Breakup. It’s a Sum-of-the-Parts Party.
Once the mightiest of industrial conglomerates, General Electric is breaking into three pieces and it is time to value each of the businesses. That means doing a sum-of-the-parts, or SOTP, valuation. ...
Filecoin Price Prediction: FIL Is Garnering Energy
Filecoin (FIL) Price Prediction – August 6The current trading situation of Filecoin shows the crypto economy is garnering energy to surge higher in the subsequent sessions against the purchasing worth...
Berkshire Buys Buffett Successor’s Stake in Prized Utility Unit
Text size Photo by CHANDAN KHANNA/AFP via Getty Images Berkshire Hathaway bought a 1% stake held by Vice Chairman Greg Abel in the company’s big electric utility business for $870 million in cash, hig...
3 High Yield Energy Stocks With Attractive Growth Tailwinds
Energy stocks are among the stock market’s best performers this year. Year to date, the Energy Select Sector SPDR ETF (XLE) is up 27% not including dividends, far outperforming the broader S&...
Goldman doesn’t see nuclear as a transformational tech for the future
A nuclear power plant photographed in Germany, on August 4, 2022. Discussions about nuclear’s role in Europe’s biggest economy have been thrown into sharp relief following Russia’s u...
Why the price of a pint of beer in the UK is going through the roof
LONDON — The average cost of a pint of beer in the U.K. has soared by 70% since 2008 — well ahead of inflation — and some Londoners are parting with as much as £8 ($9.70) for 568ml of the amber nectar...
Kosovo Renews Crypto Mining Ban Amid Rising Energy Prices – Mining Bitcoin News
The government of Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on cryptocurrency mining. The move comes amid a sharp increase in import prices a...
Blockchain-Based Energy Saving Trading Platform
With the help of the blockchain and EFFORCE, any entity can save money on energy, save energy itself, and help investors gain repayment in tokens for their capital. The ideas behind EFFORCE have attra...
Hyundai to export heavy-duty hydrogen electric trucks to Germany
An XCIENT Fuel Cell truck photographed in South Korea on Nov. 10, 2021. A number of firms in the trucking sector are exploring ways to develop vehicles that use hydrogen. SeongJoon Cho | Bloomberg | G...
A Recession Is Coming. These Are the Stocks to Hunker Down In.
Eli Salzmann loves nothing better than finding a company that’s a “dog of a stock with no momentum” but on the verge of better days. At its core, that is what value investing is all about. Over the co...
Riot Blockchain Bitcoin production drops 28% YOY in July; offsets energy costs by curtailing some operations
Riot Blockchain, one of the world’s largest Bitcoin mining companies, said Aug. 3 that it mined 318 Bitcoin (BTC) in July, a decrease of around 28.21% compared to the same month in 2021 when it mined ...
Germany must strike Putin energy deal and Ukraine should give up Crimea
Gerhard Schröder Putin Russia Germany Nord Stream gas energy crisis Crimea Ukraine – Sean Gallup/Getty Images Germany must strike a deal with Putin to avoid an energy crisis this winter and Ukra...
Opinion: Why the Inflation Reduction Act is a very big deal for Americans
NEW YORK—Senate Democrats’ compromise bill, the Inflation Reduction Act (IRA) of 2022, addresses not just inflation but also several key longstanding problems facing our economy and society. There is ...