Energy
Finland will soon bury nuclear waste in a geological tomb that’s built to last for 100,000 years
Workers inspect the Repository in ONKALO, a deep geological disposal underground facility, designed to safely store nuclear waste, on May 2, 2023, on the island of Eurajoki, western Finland. Jonathan Nackstrand | Afp | Getty Images Finland is on the cusp of burying spent nuclear fuel in the world’s first geological tomb, where it will […]
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Affirm shares surge 16% after better-than-expected results, strong guidance
Jaque Silva | Lightrocket | Getty Images Affirm shares jumped as much as 16% in after hours trading on Wednesday, after the provider of buy now, pay later loans reported better-than-expected fiscal fourth-quarter results. Here’s how the company did, compared to analysts’ consensus estimates from LSEG. Loss per share: 14 cents adjusted vs. 51 cents expected […]
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OpenSea receives Wells notice from SEC, regulator says NFTs are securities
In this photo illustration an OpenSea logo is displayed on a smartphone with stock market percentages in the background. Omar Marques | Lightrocket | Getty Images Crypto marketplace OpenSea has been added to the SEC’s list of targets, as the regulator extends its crackdown on the sector. The company’s CEO said in a post on […]
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Libya’s power divisions could once more fracture its oil output – as markets question for how long
Crude oil leaks from an oil pumping jack in an oil field in Russia. Bloomberg Creative | Bloomberg Creative Photos | Getty Images A political standoff in Libya risks once more paralyzing the north African country’s lucrative oil sector — but the frequency of its power tussles and crude disruptions have called long-term oil price […]
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This Nvidia partner says it can cut data center energy use by 50% as AI boom strains power grid
The HyperCube utilizes advanced immersion cooling technology. Sustainable Metal Cloud The artificial intelligence boom is ramping up demand for more powerful processors as well as the energy needed to keep data centers cool. That’s an opportunity for data center company Sustainable Metal Cloud, which operates “sustainable AI factories” made up of its HyperCubes in Singapore […]
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How Trump was ‘orange-pilled’ by three bitcoiners in Puerto Rico and the promise of $100 million
Former President Donald Trump’s photograph is seen on a digital display outside of the venue ahead of his afternoon keynote speech on the final day of the Bitcoin 2024 conference at Music City Center July 27, 2024 in Nashville, Tennessee. Jon Cherry | Getty Images News | Getty Images NASHVILLE, Tenn. — A block away […]
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CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024. Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, […]
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Why dividend stocks should be a hot play into fall
ETF Edge Why dividend stocks should be a hot play into fall Published Sat, Aug 24 202411:00 AM EDT Ellie Stevens@elliestevens02 WATCH LIVE Source
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Crypto industry accounts for almost half of corporate donations in 2024 election, report says
U.S. Vice President and Democratic presidential candidate Kamala Harris speaks at a campaign rally in Milwaukee, Wisconsin, U.S. August 20, 2024. Marco Bello | Reuters As the 2024 U.S. elections reach their home stretch, crypto companies are opening their wallets to try and influence the results. Nearly half of all the corporate money flowing into […]
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No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy
Riyadh, Saudi Arabia. Xavierarnau | E+ | Getty Images Saudi Arabia is moving full steam ahead with its focus on domestic investment — and with that, higher requirements for foreigners coming to the kingdom to take capital elsewhere. The kingdom’s $925 billion sovereign wealth fund, the Public Investment Fund, saw its assets jump 29% to […]
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