ASML Shares Decline Amidst Weak Guidance and Decreased Orders
ASML () shares fell for a second day in a row after its third-quarter earnings revealed lower-than-expected new orders and a weaker revenue forecast for 2025. Shares in the Netherlands-listed company, which supplies semiconductor equipment to Samsung, Intel and TSMC, lost over 15% on Tuesday after the figures were released and fell more than 4% on Wednesday. […]
Leading Climate Expert Advocates for Annual $1 Trillion Finance Goal
New finance goal should be $1 trillion annually, says top climate expert Excerpts: What should be the quantum of NCQG going forward that can help developing countries prepare for energy transition? The NCQG (new collective quantified goal on climate finance) is meant to replace the earlier target of providing and mobilising $100 billion per year […]
Antofagasta Sees 15% Increase in Copper Production for Q3
A 54% jump in gold production, at times when the precious metal has traded at historic record highs, also helped the company’s quarterly results. Antofagasta kept its guidance for the year unchanged at 670,000-710,000 tonnes, warning it is likely to be towards the lower end, at a cash cost of $2.40 per pound of copper. […]
The Competing Nuclear-Energy Investments of Google, Amazon, and Microsoft
Inside Google, Amazon, and Microsoft’s dueling nuclear-energy investments Amazon on Wednesday said that it was investing in small nuclear reactors, coming just two days after a similar announcement by Google, as both tech giants seek new sources of carbon-free electricity to meet surging demand from data centers and artificial intelligence. The plans come as the […]
Alaska Energy Metals to Explore Natural Hydrogen Resource
Alaska Energy Metals Corporation plans to conduct a hydrogen soil gas survey at its Angliers-Belleterre Project in Quebec, following recent discoveries of hydrogen gas anomalies by Quebec Innovative Materials Corporation. These anomalies suggest potential accumulations of white hydrogen, a naturally occurring and renewable energy source. Alaska Energy Metals’ claims include rocks and pathways conducive to […]
Global Energy Costs Expected to Decrease with Shift Away from Oil and Gas, According to IEA
World Set for Cheaper Energy on Shift From Oil and Gas, IEA Says (Bloomberg) — The world is heading into an era of cheaper energy prices as a shift towards electricity use leaves behind surpluses of oil and gas, the International Energy Agency predicted. Most Read from Bloomberg Global demand for all fossil fuels will […]
Reimagining Retirement Savings: Transitioning from…
When they get to retirement, many seniors still think in terms of risk and return when they should be thinking in terms of income. That could lead them to favor other assets and strategies. “Workers have long been encouraged to take an accumulation mindset as they focus on growing their account balances in preparation for […]
How Electric Vehicles Contribute to Human Rights Violations
How electric cars fuel human rights abuses The demand for electric vehicles (EVs) is burgeoning as the world turns towards sustainable energy. However, beneath the surface of this eco-friendly shift lies a significant issue: the sourcing of critical minerals for EV batteries often results in severe human rights abuses. A recent report highlights the pressing […]
RUA GOLD Discovers Near-Surface Gold in Drill Program at Reefton Project
RUA GOLD’s drill program intersects near surface gold at the Reefton Project – Rua Gold Rua Gold Inc. (TSXV: RUA, OTC: NZAUF, WKN: A4010V) (“RUA GOLD” or the “Company“) is pleased to provide an update from the drilling campaign underway at the Reefton Project on the South Island of New Zealand. The Company commenced its […]
Heading into Earnings: Should You Buy Netflix Stock?
Netflix NFLX is set to release its third-quarter earnings report on Oct. 17. Here’s Morningstar’s take on what to look for in Netflix’s earnings and stock. • Fair Value Estimate: $500.00• Morningstar Rating: 2 stars• Morningstar Economic Moat Rating: Narrow• Morningstar Uncertainty Rating: High Earnings Release Date Thursday, Oct. 17, 2024, before the start of trading. What to Watch for […]