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HomeInvestments

Investments

ESG

Congress torpedoes Biden ESG rule

March 3, 2023 Mariel Alumit

President Joe Biden faces his first veto prospect after the Senate voted Wednesday to nullify an administration rule that would enable retirement funds to consider environmental, social and governance factors when considering investments. The 50-46 […]

Tesla
Electric Vehicles

Everything Elon Musk and execs shared (and skipped) at Tesla Investor Day

March 3, 2023 Mariel Alumit

The big, giant message Tesla CEO Elon Musk and other execs tried to impart during its four-hour Tesla Investor Day was how the company would be the driver of a global shift away from fossil fuels and towards renewable […]

Market
Finance

Market Rally Rebounds Bullishly, What To Do Now; AI Stock Surges Late Into Buy Zone

March 3, 2023 Mariel Alumit

Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures as the market rally held. Broadcom (AVGO) and hot AI play C3.ai headlined earnings overnight. The ISM services index report will […]

Dividend
Finance

Dividend Leader Shows Growth, High IBD Ratings, Nears Buy Point

March 2, 2023 Mariel Alumit

Engineered products maker Dover (DOV), part of the IBD Big Cap 20, is among the leading dividend stocks. The stock is in the machinery and general industrial group, which ranks a lofty No. 18 among […]

Price
Investments

First Solar Stock Hits Record High, Gets A Price-Target Increase In Hot Solar Market

March 2, 2023 Mariel Alumit

First Solar (FSLR) received a price-target increase Wednesday, thanks to tax credits and other incentives from the Inflation Reduction Act that boosted the solar energy supplier’s earnings. FSLR stock soared on the news. Oppenheimer analyst […]

Snowflake
Investments

Snowflake Stock Falls On Weak Guidance Amid Cloud Computing Slowdown

March 2, 2023 Mariel Alumit

Snowflake (SNOW) reported a smaller-than-expected loss for the fourth quarter while revenue topped Wall Street targets. The Snowflake earnings report showed revenue outlook came in well below expectations, sending SNOW stock down. For the quarter […]

NXP
Investments

NXP Stock May Be Setting Up For Breakout; Profits Sizzle

March 2, 2023 Mariel Alumit

NXP Semiconductors (NXPI) is completing a cup-with-handle base, one of the strongest launch points for stocks to take off. Additionally, it’s posted double-digit profit growth every quarter for the past year. In this rocky market […]

Jones
Investments

Dow Jones Futures Rise As Salesforce Stock Soars; TSLA Stock Falls Amid Investor Day

March 2, 2023 Mariel Alumit

Dow Jones futures rose modestly after hours, while S&P 500 futures and Nasdaq futures edged higher. Tesla Investor Day is underway while Salesforce.com, Snowflake and other software earnings headlined a busy overnight session. The stock […]

Cenovus
Downstream

Cenovus closes acquisition of Toledo Refinery

March 2, 2023 Mariel Alumit

​ CALGARY, Alberta, Feb. 28, 2023 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has closed on the transaction to purchase bp’s 50% interest in the bp-Husky Toledo Refinery in Ohio, effective today. […]

energy
EnergyNews

From Pipelines to Food Waste: Enbridge commits $1 bln to company turning food waste to energy

March 1, 2023 Mariel Alumit

​ It is the latest in a string of investments by major energy companies in biogas, which can replace traditional natural gas but is more costly to produce. President Joe Biden’s Inflation Reduction Act (IRA), […]

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