Southern California Edison did not detect any electrical anomalies from its equipment in the hours before the outbreak of the Eaton Fire in the Los Angeles area, the CEO of the utility’s parent company said Monday. Four transmission lines in the Eaton Canyon area showed no signs of interruptions or anomalies in the 12 hours
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In this article NUE X CLF Follow your favorite stocksCREATE FREE ACCOUNT Cleveland-Cliffs CEO Lourenco Goncalves CNBC Cleveland-Cliffs CEO Lourenco Goncalves said Monday he had a plan to buy U.S. Steel as he launched a tirade against Japan, calling the close U.S. ally “evil” during a press conference. “I want to buy,” Goncalves told journalists
In this article GTEC Follow your favorite stocksCREATE FREE ACCOUNT An aircraft alledgedly carrying US businessman Donald Trump Jr. arrives in Nuuk, Greenland on January 7, 2025. Emil Stach | Afp | Getty Images U.S. President-elect Donald Trump‘s pursuit to acquire Greenland could well be motivated by critical minerals, with mining executives and researchers describing
Volkswagen U.S. assembly of all-electric ID.4 flagship in Chattanooga, Tennessee in 2022. Volkswagen The new Republican-majority Congress has wasted no time in making its energy priorities clear. Speaker of the House Mike Johnson said from the House floor minutes after his reelection, “We have to stop the attacks on liquefied natural gas, pass legislation to
A view of offshore oil and gas platform Esther in the Pacific Ocean on January 5, 2025 in Seal Beach, California. Mario Tama | Getty Images Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since October on fears that tougher U.S. sanctions on
A Vestas wind turbine near Baekmarksbro in Jutland. Afp | Getty Images European wind power stocks tumbled Wednesday after President-elect Donald Trump said he would prevent the construction of new turbines. “We’re going to try and have a policy where no windmills are being built,” Trump told reporters at a press conference at his Mar-a-Lago
Gold bullions are displayed at GoldSilver Central’s office in Singapore June 19, 2017. Edgar Su | Reuters Global commodity prices are largely expected to fall in 2025 due to a sluggish global economic outlook and a resurgent dollar, but gold and gas prices are poised to rally this year, according to industry experts. Commodities had
A view of offshore oil and gas platform Esther in the Pacific Ocean on January 5, 2025 in Seal Beach, California. Mario Tama | Getty Images President-Elect Donald Trump said Tuesday that he will reverse President Joe Biden‘s ban on offshore drilling along most of the U.S. coastline as soon as he takes office. “I’m
We are selling 150 shares of Nextracker at roughly $41.65. Following the trade, Jim Cramer’s Charitable Trust will own 1,000 shares of NXT, decreasing its weighting to roughly 1.15% from about 1.35%. After a disappointing second half of 2024, shares of the solar technology provider have come storming back over the past few days, including
Tesla models Y and 3 are displayed at a Tesla dealership in Corte Madera, California, on Dec. 20, 2024. Justin Sullivan | Getty Images Electric vehicle-maker Tesla’s sales in China climbed to a record high last year. Sustaining that performance in 2025 could prove tricky as competition with homegrown players intensifies, analysts said. The U.S.
The bulls returned to Wall Street on Friday after a brief hiatus. In the week ahead, investors from all camps will focus on a series of labor market reports for clues on where the U.S. economy and stock market may go from here. The S & P 500 , Nasdaq Composite and Dow Jones Industrial
The NKT Victoria cable laying ship operates off the coast of Marske by the Sea as it lays cable as part of the Sofia Offshore Wind Farm project on August 17, 2024 in Marske By The Sea, United Kingdom. Ian Forsyth | Getty Images News | Getty Images U.S. President-elect Donald Trump on Friday called
Flow regulator valves at a natural gas measuring station in Moldova. Bloomberg | Bloomberg | Getty Images Moldova’s breakaway region of Transnistria has been thrust into a profound energy crisis following the termination of a five-year gas transit agreement between Russia and Ukraine. Hundreds of thousands of people in the mainly Russian-speaking territory of Transnistria
The Mitte Combined Heat and Power (CHP) natural gas power plant, operated by Vattenfall AB, in Berlin, Germany, on Wednesday, Jan. 1, 2025. Bloomberg | Bloomberg | Getty Images Ukraine halted the flow of Russian gas to several European countries on New Year’s Day, bringing an end to Moscow’s decades-long dominance over Europe’s energy markets.
In this article AMZN MSFT GOOGL META Follow your favorite stocksCREATE FREE ACCOUNT Data centers powering artificial intelligence and cloud computing are pushing energy demand and production to new limits. Global electricity use could rise as much as 75% by 2050, according to the U.S. Department of Energy, with the tech industry’s AI ambitions driving
Eaton proved to be something of an artificial intelligence dark horse in 2024 — riding the AI investment wave with best-in-class power management solutions. A big backlog of projects should keep the company busy for the foreseeable future. Year-to-date performance: up 40.2% Forward price-to-earnings multiple: 28.0 versus a five-year average of 22.3 Our rating: Hold-equivalent
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