CVS Health Corp. is investing in a young chain of health clinics, and may be looking to acquire another. CVS CVS, -0.12% invested $100 million in a Carbon Health Inc., a San Francisco-based chain of u...
Tag: Energy
Bitcoin’s energy efficiency will increase with adoption – proponent says
Popular BTC proponent Lyn Alden took to Twitter to explain how the Bitcoin (BTC) network will become more efficient with increasing adoption. Alden shared data sourced from Glassnode to indicate that ...
IRA Spurs Clean Energy Boom, Electric Trucks Accelerate, Battery Demand Surges, EPA Cuts Power Sector Pollution
2022 was arguably the most important year in United States climate action: Landmark federal legislation and pro-climate state elections have paved the way for a clean energy boom in every corner of th...
Putin’s Energy Gambit Fizzles as Warm Winter Saves Europe
(Bloomberg) — Russian President Vladimir Putin’s plans to squeeze Europe by weaponizing energy look to be fizzling at least for now. Most Read from Bloomberg Mild weather, a wider array of suppl...
Natural Gas Prices Are Coming Down. What to Expect for Energy Stocks.
The good news is that energy prices are coming down for households. The bad news is that energy stocks are feeling the pain. The best-performing sector in the stock market last year is finding itself ...
It’s Pharma Time: Why Merck and Lilly Stock Are Buys, but not Pfizer.
My 2023 biotech outlook calls for continued momentum in name changes. I just need to figure out what the stocks will do. Last year, Respira Technologies became Qnovia. It’s run by a former tobacco exe...
BP and Shell vs. Exxon and Chevron: The Mystery of Big Oil’s P/E Gap
Last year, global oil companies boomed. BP and Shell both based in London, saw share prices rise some 40% in 2022 and trade at five times forward earnings. U.S.-based Exxon Mobil soared nearly 80% and...
1.5M houses could be powered by the energy Texas miners returned
During the winter storm in Texas in December 2022, Bitcoin (BTC) mining operators returned up to 1,500 megawatts of energy to the distressed local grid. It became possible due to the flexibility of mi...
YES WORLD launches specialized energy efficient glass solution to SAVE EARTH
Blockchain-based climate tech company – YES WORLD Climate Tech Pte Ltd launches the world’s first Energy Efficient Windows Solution for home and commercial buildings. This new product line of speciali...
Shell to Pay $2 Billion in Windfall Taxes. Why the Stock Is Rising.
Shell Europe’s largest oil and gas company, said it will have to pay about $2 billion in additional taxes in the fourth quarter, but still sees strong earnings from natural gas trading for the period....
Bitcoin miners return energy to distressed Texas grid
In the wake of the devastating winter storm in Texas in December 2022, Bitcoin miners returned up to 1,500 megawatts of energy to the grid, enough to power over 1.5 million small homes. This impressiv...
Devon Energy Stock Shows Rising Relative Strength, Gets An Upgrade
In a welcome move, Devon Energy (DVN) saw its Relative Strength Rating rise from 70 to 73 on Thursday. X When you’re researching the best stocks to buy and watch, be sure to pay attention to rel...
Goldman Sachs Says Investors Should Buy These 3 Solar Energy Stocks; Sees Over 50% Upside Potential
The recently passed Inflation Reduction Act (IRA) may or may not impact inflation – but it contains provisions that are certain to impact clean energy, and particularly the residential and commercial ...
Chesapeake Energy stock has upside despite falling natural gas prices
Natural gas prices have tanked sharply to around $3.75 in less than a month. Still, Chesapeake Energy Corporation (NASDAQ: CHK) CEO does not expect that to be a threat for his company. Price of natura...
SLB’s New Name Comes At An Inflection Point For Digital And Decarbonization
SLB Company Logo SLB For any company, a change in name presents a risk of brand recognition loss, at least in the short term. That would seem to be especially true for a company that has operated unde...
Investors who did this one thing survived the markets in 2022
Forget inflation. Forget oil prices. Forget Vladimir Putin’s invasion of Ukraine. Forget layoffs in the tech sector. Forget the yield curve. When I sat down to write about what worked for investors in...
Jim Cramer’s Investing Club meeting Wednesday Oil, Morgan Stanley
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 Wednesday’s key moments. Stay bullish on oil Look...
Tesla Rival Rivian Narrowly Misses Its Bet
It’s a horrible year that ends on a false note. But this is not really a surprise either for investors or for Rivian shareholders. The upstart, seen as one of Tesla’s most serious rivals...
Energy Terms To Retire In 2023
WASHINGTON, DC – MARCH 10: Activists gather outside the Army Corps of Engineers Office to protest … [+] against the Dakota Access Pipeline March 10, 2017 in Washington, DC. . (Photo by Ale...
Berkshire Hathaway Had a Strong 2022. What to Watch in 2023.
Berkshire Hathaway is coming off a strong year, one in which operating earnings climbed, investment activity picked up sharply, and the stock handily outperformed the S&P 500 The outlook for 2023 ...
BP and Shell Are a Buy in 2023. Why They’re Cheaper Than U.S. Oil Giants.
It was a great year for oil companies such as Exxon Chevron Shell and BP But the giants of European energy are still trading at significantly lower valuations than their American counterparts, which m...
8 Consequential Energy Predictions For 2023
RIYADH, SAUDI ARABIA – DECEMBER 8: (——EDITORIAL USE ONLY â MANDATORY CREDIT – ‘ROYAL COURT OF SAUDI … [+] ARABIA / HANDOUT’ – NO MARKETING NO ADVERTISING CAMPAIGNS ...
Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia – Mining Bitcoin News
Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of Russia has acknowledged. Demand continues...
These 3 Sectors Have Had a Good Run. They Still Look Strong for 2023.
Yes, the stock market can always get worse—and that means three of this year’s best-performing sectors could continue to outperform in 2023. After a punishing 2022, Wall Street isn’t expecting the sit...
An Oil ETF Outpaced Crude by 5 Times Last Year. The Downside: Volatility.
Shares of the U.S. Oil exchange-traded fund surged 5.2% in the week before Christmas, and ended up 27% for the year. Oil prices did rise last year by nearly 5%, but how did an ETF that tracks them out...
These 15 Dividend Aristocrat stocks have been the best income builders
The S&P Dividend Aristocrats deserve more coverage. Those are companies that have raised their dividend payouts consistently over the years — they’re dividend royalty, as it were. As a group, they...