American utilities are planning their biggest spending increases in decades to upgrade aging grids, prepare for electric vehicles and make the transition to renewable energy—moves poised to further bo...
Tag: Machinery
Inflation Is Here to Stay. How to Adjust Your Portfolio.
Inflation is rampant and ubiquitous today, from the gas pump to the grocery store. The U.S. consumer price index has quadrupled in the past year, from a 1.7% annual rate in February 2021 to 7.9% this ...
SunPower Stock Is Upgraded. It Has an ‘Unobstructed Path’ to Growth.
Text size PV Salvador solar plant near El Salvador, in the Atacama Desert, northern Chile. The photovoltaic plant, built by SunPower, a California-based branch of Total, with a maximum output of 70 Me...
U.S. economy will fall into a recession this summer, as inflation eats into consumer spending, former Fed official warns
Higher inflation will force consumers to limit their spending by so much that the economy will slump into a recession by the July-September quarter, former Federal Reserve Governor Lawrence Lindsey sa...
Baidu Stock Drops. It’s One of 5 Stocks Added to the SEC’s Delisting Watchlist.
Text size LIU JIN/AFP via Getty Images Baidu stock was dropping Thursday after U.S. regulators added the Chinese search giant to its growing list of companies that could be removed from American stock...
Deere Stock Catches an Upgrade, but This Analyst Likes a Rival Better
Text size John Deere tractors. Justin Sullivan/Getty Images J.P. Morgan raised its rating on Deere stock to Hold from Sell, but it isn’t that the analyst had a change of heart. A different person is t...
Opinion: It’s time to buy the best beaten-down stocks in tech and elsewhere, and this winning fund manager shows you how
Sentiment in the stock market is so dark, it’s time to rummage through the hard-hit technology sector to pick up potential long-term winners. For help, let’s turn to tech expert Chris Armbruster, the ...
Fed’s Powell sees the light — and turns far more hawkish than expected
After remaining stubbornly dovish last year, Federal Reserve Chairman Jerome Powell on Wednesday jumped the central bank squarely into the hawkish camp at his press conference on Wednesday. “The March...
Fed to hike interest rates Wednesday, undeterred by lack of visibility on Russia-Ukraine war’s impact
On Saturday, a strong late winter storm caused havoc on the East Coast, particularly in Pennsylvania, with drivers experiencing severely reduced visibility as winds blew snow across the roads. Speed l...
GE Builds 350-Ton Turbines at Its Power Facilities. Here’s What We Found on a Tour.
Text size 7HA.03 gas turbine in GE’s Greenville, S.C., factory. Courtesy GE Power General Electric led a tour of one of its South Carolina gas power facilities as part of its Investor Day on Thursday—...
Yale professor is keeping tabs on companies still operating in Russia despite Ukraine invasion — and the list includes some household names
A Yale professor and his research team are keeping tabs on companies that are still operating in Russia in the wake of its invasion of neighboring Ukraine — and the list includes many household names....
Deere’s Earnings Are Good and the Stock Is Moving Higher
Text size John Deere tractors are displayed at Belkorp Ag in Santa Rosa, California. Justin Sullivan/Getty Images Deere ‘s fiscal first-quarter earnings, reported Friday, look just good enough to push...
FinTech Looks Like a $1.5 Trillion Growth Market
Illustration by Elias Stein Text size Wells Fargo ’s Jeff Cantwell says the time to buy fintech stocks is now—14 of them. Cantwell has started coverage of the group with Overweight ratings for all. Th...