Chinese EV makers debut in Singapore as city-state dangles incentives

Chinese EV makers debut in Singapore as city-state dangles incentives

GUANGZHOU,CHINA – NOVEMBER 24: A ZEEKR X is on display during the 2023 Guangzhou International Automobile Exhibition at China Import and Export Fair Complex on November 24, 2023 in Guangzhou, Guangdong province of China. (Photo by Stringer/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images More Chinese electric vehicle brands are launching in Singapore … Read more

We’re taking profits in a winning stock near all-time highs and buying a long-term energy bet

We’re taking profits in a winning stock near all-time highs and buying a long-term energy bet

We are selling 50 shares of Procter & Gamble at roughly $170.60 and buying 100 shares of Nextracker at roughly $40.84. Following the trades, Jim Cramer’s Charitable Trust will own 350 shares of PG, decreasing its weighting to 1.9% from roughly 2.15%; and 950 shares of NXT, increasing its weighting to 1.25% from 1.10%. We’re … Read more

Sunrun stock surges, company sees opportunity after SunPower files for bankruptcy

Sunrun stock surges, company sees opportunity after SunPower files for bankruptcy

A contractor carries a SunRun solar panel on the roof of a home in San Jose, California, U.S., on Monday, Feb. 7, 2022.  David Paul Morris | Bloomberg | Getty Images Sunrun stock jumped nearly 14% on Wednesday as the rooftop solar installer sees an opportunity to snag market share after competitor SunPower filed for … Read more

Eaton shares get dragged down in the market selloff despite a nice beat and raise

Eaton shares get dragged down in the market selloff despite a nice beat and raise

Eaton on Thursday morning delivered quarterly beats on its top and bottom lines. Segment profit margin and organic sales growth topped estimates. Management also raised its outlook for the year. Despite that show of strength, shares of the industrial Club name were trading lower. Revenue in the second quarter increased over 8% year over year … Read more

‘Internal battle’ in Modi’s BJP on whether India needs Chinese investments, Natixis chief Asia economist says

‘Internal battle’ in Modi’s BJP on whether India needs Chinese investments, Natixis chief Asia economist says

Supporters of Bharatiya Janata Party (BJP) hold party flags as they celebrate Narendra Modi’s swearing-in ceremony on June 9, 2024.  Sopa Images | Lightrocket | Getty Images There is an “internal battle” happening within India’s ruling Bharatiya Janata Party over inviting Chinese investments, as the country strives to become Asia’s manufacturing powerhouse, Alicia Garcia-Herrero, chief … Read more

Renewable energy growth leads FBI to warn hackers will hit new power

Renewable energy growth leads FBI to warn hackers will hit new power

An aerial view of homes in a housing development on September 08, 2023 in Santa Clarita, California. Mario Tama | Getty Images News | Getty Images As renewable energy generation expands across the U.S., the federal government is becoming more concerned about vulnerabilities in new systems being a target for cyberattacks.  The FBI recently warned … Read more

EV owners around the world want to go back to buying gas cars

EV owners around the world want to go back to buying gas cars

Ford Mustang Mach E electric vehicles are offered for sale at a dealership on June 05, 2024 in Chicago, Illinois.  Scott Olson | Getty Images News | Getty Images Car buyers who were among the first to make the EV switch are far from wholly converted. Nearly 30% of electric vehicle owners globally are likely … Read more

Renewable energy demand will triple as electricity consumption surges, NextEra CEO says

Renewable energy demand will triple as electricity consumption surges, NextEra CEO says

In this photo illustration the stock market information of NextEra Energy, Inc. seen displayed on a smartphone with NextEra Energy, Inc. logo in the background. Igor Goloniov | LightRocket | Getty Images Renewable energy demand will triple over the next seven years as data center growth accelerates to facility the proliferation of artificial intelligence, the … Read more

Dark oxygen discovered in the deep sea in groundbreaking study

Dark oxygen discovered in the deep sea in groundbreaking study

A team of international scientists has found that oxygen is being produced in complete darkness approximately 4,000 meters below the ocean’s surface. Chaluk | Istock | Getty Images An international team of scientists has discovered that oxygen is being produced by potato-shaped metallic nodules thousands of feet below the surface of the Pacific Ocean. The … Read more

SunPower stock collapses to nearly $1 as company halts leases, installations and shipments

SunPower stock collapses to nearly  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 more than 40% this week after the company informed dealers that it will no longer support new leases, installations or product shipments, with analysts … Read more