Energy
SunPower stock collapses below $1 as company halts leases, installations and shipments
Workers install solar panels during a SunPower installation on a home in Napa, California, US, on Monday, July 17, 2023. David Paul Morris | Bloomberg | Getty Images SunPower stock collapsed 70% this week after the company informed dealers that it will no longer support new leases, installations or product shipments, with analysts largely writing […]
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Trump Bitcoin Conference fundraiser tickets top out at $844,600 for Nashville soiree
Former U.S. President and Republican presidential candidate Donald Trump attends a campaign event in Philadelphia, Pennsylvania, U.S., June 22, 2024. Shannon Stapleton | Reuters Former President Donald Trump will headline a campaign fundraiser in Nashville on the sidelines of the Bitcoin Conference, where the top ticket is going for $844,600 per person. According to an […]
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Bye-bye bitcoin, hello AI: Texas miners leave crypto for next new wave
Cattle graze at the Buffalo Gap Wind Power project in Taylor and Nolan counties just south of Abilene, Texas. Robert Daemmrich | Corbis | Getty Images Just off of Interstate 20, in the heart of West Texas, is a town of 125,000 people called Abilene. Once a stopping point along a cross-country cattle trail in […]
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Ethereum co-founder warns against voting only on ‘pro-crypto,’ a day after a16z founders support Trump
Ethereum co-creator Vitalik Buterin on Wednesday cautioned against voting for political candidates based solely on whether they have adopted a “pro-crypto” stance. “The game of politics is much more complicated than just ‘who wins the next election’, and there are a lot of levers that your words and actions affect,” Buterin wrote in a blog […]
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Labour’s gains in London have private equity looking to exit — the country
A view of the Palace of Westminster with Big Ben a day before General Election, in London on July 3, 2024. Nurphoto | Nurphoto | Getty Images LONDON — With the British parliament back from recess, the UK’s Labour Party will start working to push through aggressive changes, including controversial proposals that would force the […]
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Crypto stocks like Coinbase and Microstrategy soar, mirroring rally in bitcoin
SAN ANSELMO, CALIFORNIA – JUNE 06: In this photo illustration, the Coinbase logo is displayed on a screen on June 06, 2023 in San Anselmo, California. The Securities And Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase for allegedly violating securities laws by acting as an exchange, a broker and a clearing agency […]
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This is the deflation breakdown for June 2024 — in 1 chart
Important Details Deflation steps how rapidly prices are declining for shopper items and companies. Selling prices have deflated for a selection of goods like bodily merchandise, airfare, gasoline and some groceries considering that June 2023, in accordance to the customer price index. A single clarification: Supply and demand dynamics have normalized right after currently being […]
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BP shares fall 3% right after warning of up to $2 billion impairment, weak refining margins
BP in 2020 set out its ambition to develop into a net zero enterprise “by 2050 or sooner.” Matt Cardy | Getty Pictures News | Getty Visuals BP shares dropped on Tuesday following the business flagged it expects to put up an impairment of up to $2 billion in the next quarter and warned of […]
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You can find a significant bottleneck in AI information centre expansion, analysts say. Here’s how to participate in it
One area is causing a important bottleneck in facts heart expansion and the electrical power transition, in accordance to a number of analysts: the electricity grid. “An inadequate develop-out and investment in the power grid would impede the construct-out of details centers, slow the Electrical power Transition, restrain renewables progress, and lengthen the use of […]
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Buyers can nab appealing dividends with these substantial-high-quality shares
Traders browsing for dividend-shelling out stocks in this current market really don’t have to sacrifice excellent. In truth, there are numerous firms that have robust equilibrium sheets and very good management, as properly as a secure dividend with progress prospective, according to a be aware from UBS very last 7 days. Those people dividends might […]
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