The new Texas oil boom is here, powered by shale deposits in the Permian Basin. The region’s oil stocks are well-represented inside the IBD 50, with Matador Resources (MTDR), Diamondback Energy ...
Tag: Fuels
Megyn Kelly Fuels Conspiracy Theory Around Attack On Paul Pelosi
Megyn Kelly fuels conspiracy theories around the attack on Nancy Pelosi’s husband (Photo by Astrid … [+] Stawiarz/Getty Images for SiriusXM) Getty Images for SiruisXM Megyn Kelly, the form...
Musk Meme Fuels $2 Billion Gain For Dogecoin
Topline A textless meme of a dog in a T-shirt tweeted by the world’s wealthiest man Elon Musk sent one of the world’s largest cryptocurrencies up 12% Tuesday, the latest instance of tongue-in-cheek so...
Binance Coin jumps to new BTC all-time high as Elon Musk’s Twitter fuels DOGE bulls
Binance Coin (BNB) has hit new all-time highs against Bitcoin (BTC) as excitement grows over the crypto’s future role on Twitter. BNB/BTC 1-month candle chart (Binance). Source: TradingView Binance Co...
Microsoft And Alphabet’s $250 Billion Stock Plunge Fuels Fears Of Earnings Recession
Topline Shares of Microsoft and Alphabet extended losses Wednesday morning after the technology giants slashed earnings forecasts for the rest of this year as a result of the increasingly murky econom...
Nio stock dives below $10, Alibaba hits 6 1/2-year low as Xi’s power move fuels fears
The U.S.-listed shares of China-based companies were rocked Monday, as China President Xi Jinping’s moves to consolidate power fueled fears that current policies that have led to a slowing economy wil...
Orsted to use more fossil fuels as energy crisis continues
Jens Auer | Moment | Getty Images Energy firm Orsted is to continue or restart operations at three fossil fuel facilities after being ordered by Danish authorities to do so, as governments around Euro...
Bitcoin Miners Still Use 62% Fossil Fuels: Research
A new study published Tuesday by the Cambridge Center for Alternative Finance (CCAF) shows that almost 62% of Bitcoin’s total energy consumption since January 2022 was generated from fossil fuels. Thi...
Ripple Win Against SEC, Fuels XRP Price Surge
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Optimism For Groundbreaking Ripple Win Against SEC Fuels XRP Price Surge As Whales Load Up Heavily ⋆ ZyCrypto
Advertisement     The price of XRP, the native token of XRP Ledger – the open-source blockchain network designed by Ripple, has been surging on the back of growing opt...
BofA Says ‘Appalling’ Mood Fuels $11 Billion US Stocks Exodus
(Bloomberg) — Investors are rushing out of US equities as the likelihood of an economic downturn increases amid a myriad of risks, according to Bank of America Corp. strategists. Most Read from ...
Crypto Market’s Maturity Fuels Crypto Investment & Adoption
According to a report released on Tuesday by KPMG, venture capital firms have put $14.2 billion in cryptocurrency-related investments during the first quarter of 2022. During this time, the four large...
As Elon Musk backs fossil fuels, one strategist sends warning over EV sales
The uptake of electric vehicles has increased in recent years, as countries around the world attempt to reduce the environmental effects of transportation. Simonskafar | E+ | Getty Images Recent comme...
Mt. Gox’s new repayment plan fuels Bitcoin dump
For those who have been in the crypto trading world for a while, the Mt.Gox catastrophe probably doesn’t come as much of a surprise. Approximately 3 billion dollars worth of Bitcoin from the now-defun...
BYD Sinks as Buffett’s Stake Sale Fuels Fears of More to Come
(Bloomberg) — Traders rushed to sell BYD Co. after Warren Buffett’s Berkshire Hathaway Inc. trimmed its stake in the Chinese electric vehicle maker, fearing that the legendary investor may be ge...
Crypto Mixer Tornado Cash Saga Fuels Protest After Developer’s Arrest
The local decentralized finance (DeFi) community gathered to draw attention to Pertsev’s case and ensure a fair trial. Schickler captured interviews from some of the attendees of the protest, many exp...
Tornado Cash Developer Arrest Fuels Petition and Protests in Amsterdam
Following the placement of Tornado Cash’s crypto mixing service platform under the United States Treasury Department’s sanctions list, the protocol’s developer, Alex Pertsev, has als...
Mortgage Demand Falls To New 22-Year Low As Housing Market Fuels Recession Fears
Topline Despite falling mortgage rates providing some relief to potential home buyers, mortgage applications fell to the lowest level since the turn of the century last week—providing fresh evidence t...
Cloudflare Stock Jumps As Large Customer Growth Fuels NET Stock Beat
Cloudflare stock soared Friday on June-quarter earnings and revenue that topped estimates amid strong large customer growth. X San Francisco-based Cloudflare (NET) reported second-quarter earnings aft...
Insatiable Lithium Demand Fuels Investment Boom in Australia
(Bloomberg) — In the rocky deserts of Western Australia, a handful of little-known and once-shunned miners are suddenly in vogue as the electric vehicle industry clamors for a metal it can’t do ...
Monero’s MINEXMR fuels new debate with its latest transition proposal
What really makes a successful revolution? Passions aroused could fuel disruptions and likewise, help their overall agenda. Well, for the cryptocurrency community, the agenda is decentralisation, ther...
Senate Climate Bill Is a Boon for Fossil Fuels
WASHINGTON—Senate Democrats are moving forward on the costliest and most ambitious effort ever by the U.S. to address climate change—powered in part by benefits for fossil fuels and the broader energy...
Airlines criticized for betting on alternative fuels
One of the ways that the sector is seeking to replace conventional fossil jet fuel is by exploring the use of sustainable aviation fuels, or SAF. Justin Tallis | Afp | Getty Images FARNBOROUGH, Englan...
UTA Fuels Expansion With Private Equity Investment From EQT
UTA CEO Jeremy Zimmer speaks during the 15th Annual Chrysalis Butterfly Ball in 2016 getty United Talent Agency has found a new investment capital partner. A fund operated by private equity firm EQT P...
Tired Of High Energy Prices? U.S. Companies Push For Cheaper, Climate Friendlier Fuels
WASHINGTON, DC – APRIL 11: Gasoline prices hover around $4.00 a gallon for the least expensive grade … [+] at several gas stations in the nation’s capital on April 11, 2022 in Washin...
Inflation Spiked 9.1% In June—Hitting New 40-Year High As Price Surge Fuels Recession Fears
Topline As rapid inflation fuels growing recession fears, new data showed consumer prices rose 9.1% in the 12 months ending in June, hitting a worse-than-expected 40-year high after an unprecedented s...
Bank of England Governor Andrew Bailey Says Crypto Adoption Fuels Assets’ “Extrinsic” Value ⋆ ZyCrypto
Advertisement     Governor of the Bank of England, Andrew Bailey, is not the biggest fan of crypto assets. The 63-year-old British central banker has not relented in h...
Chinese Electric Car Giant BYD’s Slump Fuels Speculation on Warren Buffet Adjusting Holdings
(Bloomberg) — BYD Co. shares sank the most in nearly two years after a stake matching the size of Berkshire Hathaway Inc.’s position in the Chinese electric-car giant appeared in Hong Kong’s cle...
Celsius liquidity crisis fuels fears of crypto market contagion
Cryptocurrencies have taken a tumble in 2022. Chesnot | Getty Images A liquidity crisis at cryptocurrency lending firm Celsius has investors worried about a broader contagion that could bring down oth...
Buy Energy Stocks As The Ukraine War Fuels Inflation
It’s a devilish economic twist: Russia starts a horrific war in Ukraine, and ends up sabotaging … [+] Western economies all over the world. (Photo by Sean Gallup/Getty Images) Getty Images Russi...