Denmark’s Orsted wins $680 million JPMorgan backing for solar projects

Denmark’s Orsted wins 0 million JPMorgan backing for solar projects

Aerial view of Eleven Mile Solar in Coolidge, Az.  Photo: Van Applegate Danish renewable energy developer Orsted won a $680 million investment from JPMorgan in two U.S. projects as incentives from the Biden Administration’s signature climate law — the Inflation Reduction Act (IRA) — spur a clean energy boom in the U.S. JPMorgan will provide tax … Read more

The stock market gets nailed by the Fed, again. Plus, Starbucks’ quiet comeback

The stock market gets nailed by the Fed, again. Plus, Starbucks’ quiet comeback

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Fed foils stocks : The market … Read more

Earnings from Home Depot, Alibaba, Walmart

Earnings from Home Depot, Alibaba, Walmart

CNBC’s Jim Cramer on Friday guided investors through next week’s market action, telling them to pay attention to a number of earnings reports, including Home Depot, Alibaba and Walmart. He also suggested remarks from Federal Reserve officials will continue to shape the market, saying investors should tune in on Monday to commentary from Loretta Mester, … Read more

‘Solar is unstoppable’ as market sees demand growth

‘Solar is unstoppable’ as market sees demand growth

Solar power farm in the evening. Pavel Babic | Istock | Getty Images Solar power is on a path to double every two to three years amid an “unprecedented period of demand growth” for new electricity generation, the CEO of Nextracker told CNBC. “Solar is unstoppable,” Nextracker founder and CEO Dan Shugar said in an … Read more