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
Environment
The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024. Matt Cardy | Getty Images News | Getty Images British oil giant Shell on Thursday posted stronger-than-expected second-quarter profit despite lower refining margins and weaker liquified natural gas trading. The oil and gas major reported adjusted earnings
An oil pump jack is shown in a field on June 27, 2024 in Stanton, Texas. Brandon Bell | Getty Images News | Getty Images Brent futures topped the $80-per-barrel-threshold on Wednesday, as Iran’s claim that Hamas political leader Ismail Haniyeh was assassinated reignited tensions in the Middle East. The Ice Brent contract with September
In this article FSLR Follow your favorite stocksCREATE FREE ACCOUNT Chuck Smith monitors the manufacturing process of the series 6 solar panels during a tour of a First Solar plant in Walbridge, Ohio, U.S., October 6, 2021. Picture taken October 6, 2021. Dane Rhys | Reuters First Solar reported second-quarter results Tuesday that beat revenue
Seagrass on the beach frames an offshore gas rig at dusk on May 10, 2024, near Fort Morgan, AL. J. David Ake | Getty Images U.S. crude oil futures on Tuesday fell to the lowest levels since early June as worries about China’s economy overshadow a new round of escalation in the Middle East. “Macroeconomic
A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom. John Keeble | Getty Images News | Getty Images British oil giant BP on Tuesday reported stronger-than-expected net profit for the second quarter and raised its dividend despite previously warning of significantly lower refining margins. The oil
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
An oil pump jack is shown in a field in Stanton, Texas, on June 27, 2024. Brandon Bell | Getty Images News | Getty Images U.S. crude oil futures rebounded more than 1% Wednesday, breaking a three-day losing streak as an industry report pointed to falling U.S. crude inventories and as wildfires in Canada raise
In this article QCOM AAPL Follow your favorite stocksCREATE FREE ACCOUNT Thanks to the artificial intelligence boom, new data centers are springing up as quickly as companies can build them. This has translated into huge demand for power to run and cool the servers inside. Now concerns are mounting about whether the U.S. can generate
In this article NEE Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images NextEra Energy is considering restarting a nuclear plant in Iowa as demand for carbon-free energy grows amid a historic surge in electricity consumption. The Duane Arnold Energy Center in Palo, Iowa ceased operations in 2020
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Republican presidential nominee and former U.S. President Donald Trump walks off stage after speaking at a campaign rally at the Van Andel Arena in Grand Rapids, Michigan, on July 20, 2024. Anna Moneymaker | Getty Images NASHVILLE — Former president Donald Trump headlines the biggest
In this article @LCO.1 @CL.1 Follow your favorite stocksCREATE FREE ACCOUNT An oil pump jack is shown in a field on June 27, 2024 in Stanton, Texas. Brandon Bell | Getty Images News | Getty Images Crude oil futures fell more than 1% on Thursday as concerns about the health of China’s economy grow after
Oil pumpjacks operate in Los Angeles, California, July 31, 2023. Mario Tama | Getty Images U.S. crude on Friday was on pace for a third weekly decline as worries about demand in China outweigh strong economic growth U.S. U.S. oil is down 2.7% this week, while Brent is 0.84% lower. The U.S. economy grew at
In this article TSLA GM F Follow your favorite stocksCREATE FREE ACCOUNT 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
Republican Presidential nominee and former President Donald J. Trump holds campaign rally at the Van Andel Arena in Grand Rapids, Michigan on July 20, 2024. Bill Pugliano | Getty Images News | Getty Images NASHVILLE — Former President Donald Trump is headed to Tennessee this weekend to deliver a keynote address at a major bitcoin conference.
Representation of cryptocurrency and Gayscale logo displayed on a phone screen. Jakub Porzycki | Nurphoto | Getty Images For crypto firm Grayscale, it’s deja vu in the ETF market. On Tuesday, the first spot ether exchange-traded funds hit the U.S. The ETFs will invest directly in ether, the cryptocurrency used in the Ethereum network, allowing
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