ADVFN US – Market Content Editor
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TotalEnergies and Google Enter Long-Term Renewable Power Deal
TotalEnergies (EU:TTE) has entered into a 21-year power purchase agreement with Google (NASDAQ:GOOG) under which it will supply 1 terawatt-hour of electricity generated from the Citra Energies solar facility in Malaysia. The renewable power will be used to support Google’s data centre operations in the region. The agreement aligns with TotalEnergies’ strategy of delivering long-term,…
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Stellantis Escapes Recall After U.S. Safety Probe Is Closed
Stellantis (NYSE:STLA) will not be required to carry out a recall after U.S. auto safety regulators ended a review into possible shifter cable bushing defects affecting nearly 300,000 vehicles. The National Highway Traffic Safety Administration said on Tuesday that it has finalized an investigation launched in July, which followed consumer complaints linked to shifter cable…
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A waste-to-fuel development focused on producing low-carbon renewable fuels
In this episode of the Capital Compass, we get an update from Cielo Waste Solutions (TSXV:CMC) (USOTC:CWSFF), which is progressing its clean fuel strategy in northern British Columbia through Project Nexus, a waste to fuel development focused on producing low carbon renewable fuels. Since our last conversation in October, Cielo has confirmed its target location in…
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U.S. Stocks Close Modestly Lower After Initial Move To The Upside
Stocks moved to the upside at the start of trading on Monday but quickly gave back ground early in the session. The major averages pulled back well off their early highs and spent much of the rest of the day lingering near the unchanged line. The major averages eventually ended the day modestly lower. While…
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EdgeMode inks collaboration pact with Supermicro and Krambu to scale sustainable AI data centers
EdgeMode (USOTC:EDGM) said it has signed a memorandum of understanding with server technology group Supermicro and data-center infrastructure specialist Krambu as it looks to accelerate the rollout of large-scale, energy-efficient AI data centers. The agreement sets out a strategic framework under which the three companies will work together on the supply, design and deployment of…
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Five key market themes to watch in the week ahead
Markets face a packed agenda in the days ahead, with investors tracking a wave of delayed U.S. economic releases that should shed light on employment and inflation trends in the world’s largest economy. Elsewhere, Micron’s (NASDAQ:MU) earnings are expected to provide one of the final readouts on the artificial intelligence trade in 2025. Comments from…
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Oil Prices Edge Lower, Extending Losses as Oversupply Fears Persist
Oil prices moved slightly lower on Monday, building on the steep declines seen last week as worries about excess global supply and a soft demand outlook continued to weigh on the market. By 06:05 ET (11:05 GMT), Brent crude futures for February delivery were down 0.2% at $61.02 a barrel, while U.S. West Texas Intermediate…
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Gold Holds Near Two-Month Peak as Weaker Dollar Lifts Prices; U.S. Data in Focus
Gold prices climbed again on Monday, marking a fifth consecutive session of gains and hovering near a two-month high, as a softer U.S. dollar supported precious metals following more accommodative signals from the Federal Reserve. By 08:10 ET (13:10 GMT), spot gold was up 0.8% at $4,338.56 per ounce, while March gold futures advanced 1%…
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Western Digital Shares Climb After Nasdaq-100 Addition
Western Digital Corp. (NASDAQ:WDC) shares rose 1.7% on Monday after the company was named as one of the new constituents of the Nasdaq-100 Index following its annual rebalancing. The data storage group is among six companies added to the widely followed benchmark, which measures the performance of the 100 largest non-financial stocks listed on the…
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U.S. Regional Manufacturing Activity Slumps Unexpectedly in December
Manufacturing conditions in the U.S. Northeast deteriorated sharply in December, according to data published Monday by the Federal Reserve Bank of New York, catching economists off guard. The New York Fed’s general business conditions index fell into negative territory, dropping to -3.9 in December from 18.7 in November. A reading below zero signals contraction in…