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Business

“Tesla jumps 15% after passing key hurdle to roll out advanced driver-assistance tech in China”

April 30, 2024

“Shares of Tesla rose sharply on Monday, their best day since March 2021, after the electric carmaker passed a significant milestone to roll out its advanced driver-assistance technology in China. The company’s share price closed up 15% as investors reacted to news surrounding… Continue Reading…

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Economy

“Global military spending hit all-time high in 2023 after 7% jump, report finds”

April 24, 2024

“Global military spending reached a record high of $2.4 trillion in 2023 amid a “global deterioration in peace and security,” the Stockholm International Peace Research Institute said Monday. The figure marked a 6.8% increase from 2022 and the sharpest year-on-year… Continue Reading…

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Energy

“AI-Driven Power Demand Is Set to Jump 900% in Chicago Area, Exelon CEO Says”

April 22, 2024

“…The demand surge wouldn’t be met immediately by more power generation. New data centers would initially be served by excess capacity already on the regional grid, imported electricity from other areas and then eventually by newly constructed sources, said Paul… Continue Reading…

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Energy

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

April 12, 2024

“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…

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Cryptocurrencies

“Bitcoin tumbles $5,000 in 24 hours as interest rates jump”

April 3, 2024

“Bitcoin fell for a second day to start the new month and quarter amid rising Treasury yields and strength in the U.S. dollar. The flagship cryptocurrency fell more than 4.76% on Tuesday to $66,134.00, bringing its two-day loss to 7%, according… Continue Reading…

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Stocks

“Chinese EV maker BYD targets 20% jump in annual sales – sources”

April 1, 2024

“Chinese electric vehicle maker BYD has set a 3.6- million-unit sales target for 2024, a jump of 20% from its record-breaking sales last year, according to three people who were familiar with the matter… The company’s Hong Kong shares sank… Continue Reading…

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Business, Stocks

“H&M shares jump 14% as profit smashes expectations”

April 1, 2024

“Shares of H&M leapt 14% in early deals on Wednesday, after the Swedish retailer significantly beat profit expectations for its fiscal first quarter. Operating profit rose to 2.08 billion Swedish kronor ($196 million), versus the 1.43 billion kronor forecast in a poll of… Continue Reading…

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Stocks

“2 Soaring Growth Stocks That Could Climb Another 47% to 73%, According to Wall Street”

March 29, 2024

“Shares of Viking Therapeutics (NASDAQ: VKTX) are up about 275% in 2023, but analysts on Wall Street think it isn’t finished climbing yet. The consensus price target on the clinical-stage biotech stock suggests a 47% gain could be up ahead…. Shares of Iovance Biotherapeutics (NASDAQ: IOVA) have more… Continue Reading…

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Business, Stocks

“Viking Therapeutics stock jumps more than 15% on promising weight loss pill data”

March 29, 2024

“Viking Therapeutics shares closed more than 15% higher on Tuesday after the company said its experimental weight loss pill showed positive results in a small study and will enter the next stage of development later this year… Viking is one of several small… Continue Reading…

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Stocks

“Shares of Micron pop 14% on earnings beat driven by AI boom”

March 28, 2024

“… Here’s how the company did: Micron said revenue rose to $5.82 billion from $3.69 billion in the year ago quarter. The company reported a net income of $793 million, up from a net loss of $2.3 billion in the… Continue Reading…

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