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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Nike
Investments

NKE Stock Falls As Nike Earnings Crush Views But Excess Inventories Weigh On Margins

March 22, 2023 Mariel Alumit

Nike (NKE) hiked its full-year revenue guidance late Tuesday after smashing earnings estimates for its fiscal third quarter, but warned on margins. NKE stock fell early Wednesday. Dow Jones footwear and apparel giant Nike is […]

Dow Jones
Investments

Dow Jones Futures: Fed Decision Day For Rally Attempt; 3 Stocks Flash Buy Signals

March 22, 2023 Mariel Alumit

Dow Jones futures were little changed early Wednesday, along with S&P 500 futures and Nasdaq futures. Nike (NKE) and GameStop (GME) reported after the close. Investors are already turning to Wednesday’s Federal Reserve rate hike […]

Missouri
EnergyNews

Missouri, Kansas utilities back bills to reestablish monopoly on transmission projects

March 22, 2023 Mariel Alumit

​Missouri’s largest electric utility believes a bill aimed at reducing competition and giving monopoly providers an advantage in building transmission lines will avoid cost overruns and deliver better results for customers. In its home state, […]

Geopolitical

Russia-China ties enter ‘new era’ as Xi meets Putin in Moscow

March 21, 2023 Mariel Alumit

China’s President Xi Jinping has said he signed an agreement with his Russian counterpart Vladimir Putin bringing their ties into a “new era” of cooperation, as the two leaders called for “responsible dialogue” to resolve […]

Connecticut
EnergyNews

Connecticut needs a plan — and a definition — for ‘clean hydrogen,’ stakeholders say

March 21, 2023 Mariel Alumit

​ Hoping to tap into the billions of dollars in federal incentives coming available for renewable energy projects, Connecticut is preparing to lay out a strategic plan for developing a hydrogen economy. A bill approved […]

Energy Policy

Builder opposition prompts N.C. officials to reconsider energy code overhaul

March 21, 2023 Mariel Alumit

​ Facing fierce opposition from developers, the panel in charge of North Carolina’s building codes will weigh changes to its proposal for thicker insulation, more efficient lighting, and other energy-saving features in new homes. The […]

Aljazeera International

US targets Iranian drone industry in latest round of sanctions

March 21, 2023 Mariel Alumit

The United States has announced its latest round of sanctions against Iranian drone and missile production, this time focusing on firms and individuals who allegedly procured equipment for Tehran’s drone programme. In a statement on […]

Finance

For The Fed, This Is No Time For Surprises

March 21, 2023 Mariel Alumit

Authored by Simon Flint via Bloomberg, There is an argument that the Fed will stick to its inflation-fighting mission, because it needs to focus on restoring its credibility, and this keeps a 50bps hike in […]

Geopolitical

Putin To Xi: “We Support Chinese Yuan Use With Asia, Africa, Latin America”

March 21, 2023 Mariel Alumit

In a ceremony at the Kremlin, and on the second day of Chinese leader’s Xi Jinping’s visit, Putin and Xi kicked off formal talks which will focus on the Ukraine crisis. They shook hands and […]

Price
Electric Vehicles

China EV Stocks Rally Despite Latest Warning Sign; XPEV Stock Soars

March 21, 2023 Mariel Alumit

China EV stocks jumped Tuesday, shrugging off a report about shift cuts by Chinese EV giant BYD (BYDFF), as demand weakens in the world’s biggest and fastest-growing market for electric vehicles. XPEV stock surged but […]

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