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Energy

“Proposals for New US Power Plants Jump 90% on Surging Demand”

“As utilities race to keep ahead of rising electricity demand, developers have proposed a surge of new power plants across the US — and very few of them would run on fossil fuels. The generating capacity of proposed plants seeking… Continue Reading…

Economy, Energy

“Oil Holds Above $90 After Middle East Tensions Push Brent Higher”

“…The global benchmark Brent earlier pierced $91 a barrel, before trading little changed. The focus has shifted to a dramatic repricing of geopolitical risk, after Israel increased preparations for a potential retaliation by Tehran to a strike on an Iranian… Continue Reading…

Business

“Up Over 90% This Year, Will UiPath Stock Continue Rallying in 2024?”

“…UiPath is an unprofitable company; it incurred losses totaling $363.8 million over the trailing 12 months. But it is posting strong revenue growth, and with gross profit margins in excess of 80%, there’s hope that as sales rise, the bottom… Continue Reading…

Business

“Blackstone to close multi-strategy fund after assets drop nearly 90%”

“Blackstone plans to close a fund that exposes investors to a variety of hedge funds and trading strategies after assets fell almost 90% in four years, the company told Reuters on Tuesday… Assets under management in the fund peaked at… Continue Reading…

Business

“Tech stocks got whacked in 2022 — but one server maker soared almost 90%, beating all its peers”

“It’s been a brutal year for tech stocks. The Nasdaq is headed for its worst slump since 2008 and is poised to underperform the S&P 500 for a second straight year. Among mega-cap tech stocks, Amazon, Meta and Tesla have each lost at least half their value.… Continue Reading…

Stocks

“90% Of Top 10 Dividend Stocks Are Finally Paying Off”

“Nine of the 10 S&P 500 companies paying the highest dividend yield, including mostly energy firms like Oneok (OKE), Williams (WMB) and Exxon Mobil (XOM), are outperforming the index so far this year, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence… Continue Reading…

Stocks

“Goldman Sachs: 2 Stocks That Could Climb Over 90%”

“Athira Pharma (ATHA)… Judging by the consensus breakdown, opinions are anything but mixed. With 4 Buys and no Holds or Sells assigned in the last three months, the word on the Street is that ATHA is a Strong Buy. At… Continue Reading…

Stocks

“Why Hertz Global’s Stock Is Up 90%”

“Hertz Global (NYSE: HTZ) shares are trading higher on Friday after the company announced it secured commitments of $1.65 billion in debtor-in-possession financing… Hertz Global shares traded up 97.57% to $2.04 on Friday. The stock has a 52-week high of $20.85 and… Continue Reading…

Economy

“Ohio Gov. DeWine: ’90 percent’ of state’s economy will reopen by next week”

“Ohio Gov. Mike DeWine spoke Sunday with “Fox & Friends Weekend” host Pete Hegseth on his plans to reopen the state’s economy gradually, after he rolled back stay-at-home orders and lifted several statewide restrictions. “We’ve been able to flatten the curve,” DeWine, a Republican, said. “Our hospital admissions… Continue Reading…

Business

“Chesapeake Energy Extends Gains as Oil Recovers…”

“Shares of Chesapeake Energy tore higher again on Friday, adding to gains of more than 90% in the past three days, after the oil and hydrocarbon driller announced it adopted a poison pill to thwart any takeover attempts spurred by… Continue Reading…