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Long-term winners as AI boosts U.S. power needs, according to Mizuho

by Adrian Jhonsan
Long-term winners as AI boosts U.S. power needs, according to Mizuho

A large array of solar panels along Highway 41 are located in close proximity to the growing Tulare Lake, a once great body of water in the southern Central Valley, …

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Categories World

UK stocks are outperforming the U.S., one CIO says they look ‘cheap’

by Adrian Jhonsan
UK stocks are outperforming the U.S., one CIO says they look ‘cheap’

U.K. stocks are finally turning a corner after years of underperformance, according to one chief investment officer, who stressed that valuations are looking “very cheap.” The U.K. FTSE 100 is …

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Categories World

Trump oil CEOs dinner: House Democrat probe

by Milton Acorn
Trump oil CEOs dinner: House Democrat probe

Rep. Jamie Raskin (D-MD) speaks during a House Committee on Oversight and Accountability hearing on Capitol Hill in Washington, DC, on September 28, 2023. Mandel Ngan | AFP | Getty …

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Categories Science

Chevron CEO says natural gas demand will outpace expectations

by Milton Acorn
Chevron CEO says natural gas demand will outpace expectations

Natural gas demand will likely outpace expectations as electricity consumption surges from artificial intelligence and data centers, Chevron CEO Mike Wirth told CNBC on Monday. “It’s a little hard to …

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Categories Science

AI could drive natural gas boom as utilities face surging electric demand

by Milton Acorn
AI could drive natural gas boom as utilities face surging electric demand

A chimney from the Linden Cogeneration Plant is seen in Linden New Jersey April 22, 2022.  Kena Betancur | View Press | Corbis News | Getty Images Natural gas producers …

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Categories Science

Coterra’s smart production pivot leads to an excellent quarter, sweeter outlook

by Milton Acorn
Coterra’s smart production pivot leads to an excellent quarter, sweeter outlook

Coterra Energy topped Wall Street expectations Thursday with first-quarter results that further proved the Club holding’s nimble production strategy is the right one for shareholders. Revenue in the three months …

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Categories Science

Friday’s S&P 500, Nasdaq-100 rebalance may reflect concerns over concentration risk

by Adrian Jhonsan
Friday’s S&P 500, Nasdaq-100 rebalance may reflect concerns over concentration risk

It’s arguably the biggest stock story of 2023: a small number of giant technology companies now make up a very large part of big indexes like the S&P 500 and the …

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Categories World

The top 10 things to watch in the stock market Monday

by Milton Acorn
The top 10 things to watch in the stock market Monday

The top 10 things to watch Monday, Dec. 11 1. U.S. stocks are muted Monday following last week’s push to a new 52-week high in the S & P 500 …

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Categories Science

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