Why tech companies are shopping for nuclear power for data centers

Why tech companies are shopping for nuclear power for data centers

A cooling tower at the Constellation Nine Mile Point Nuclear Station in Scriba, New York, US, on Tuesday, May 9, 2023.  Lauren Petracca | Bloomberg | Getty Images Tech companies are increasingly looking to directly connect data centers to nuclear plants as they race to secure clean energy to power artificial intelligence, sparking resistance from … Read more

WTI, Brent on pace for weekly gain

WTI, Brent on pace for weekly gain

A truck carrying natural gas enters the Gaza Strip via the Rafah crossing with Egypt, hours after the start of a four-day truce in battles between Israel and Palestinian Hamas militants, on November 24, 2023.  Said Khatib | AFP | Getty Images U.S. crude oil is on pace for a more than 4% gain for … Read more

WTI holds above $75 per barrel

WTI holds above  per barrel

Passengers wait for their flights at Ben Gurion airport near Tel Aviv on August 6, 2024, amid regional tensions during the ongoing war between Israel and the Palestinian Hamas movement in the Gaza Strip.  Gil Cohen-magen | Afp | Getty Images U.S. crude oil futures rose Thursday for the third straight day to trade above … Read more

Wall Street rebound fizzles out

Wall Street rebound fizzles out

A trader works on the floor of the New York Stock Exchange. NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to … Read more

Wall Street rebound fizzles out

Wall Street rebound fizzles out

Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … 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

WTI rallies as stock market stages comeback

WTI rallies as stock market stages comeback

U.S. crude oil futures staged a comeback Wednesday after the stock market snapped a three-day losing streak. Stock futures rose Wednesday morning after the S&P 500 closed 1% higher and the Dow Jones Industrial Average gained nearly 300 points in the previous session. The two indices booked their worst day since 2022 on Monday as … Read more

WTI, Brent rise after sell-off

WTI, Brent rise after sell-off

U.S. crude oil rose above $73 a barrel on Tuesday as the market braces for an attack by Iran against Israel and Wall Street rallies after the sell-off in the previous session. West Texas Intermediate closed at a six-month low on Monday after equity markets sold off on fears that the U.S. economy might tip … Read more

WTI hits seven-month low on market sell-off

WTI hits seven-month low on market sell-off

A view of storage tanks and pipelines at the Shell Carson Distribution Complex, a distribution hub for petroleum products, in Carson, California, on March 11, 2022. Bing Guan | Reuters U.S. crude oil futures tumbled to a six-month low on Monday as equity markets sold off on fears the economy might be teetering on the … Read more

Markets fall with Japan stocks in bear territory; Berkshire’s cash hoard at record high

Markets fall with Japan stocks in bear territory; Berkshire’s cash hoard at record high

Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more