VANCOUVER, BC, Feb. 15, 2025 (GLOBE NEWSWIRE) — Carbon Done Right Developments Inc. (“Carbon Done Right” or the “Company”) (TSXV: KLX) (FSE: Q1C), a leading provider of high-quality carbon credits sourced exclusively from afforestation and reforestation projects developed and owned by the Company, is pleased to announce its intention to upsize the non-brokered private placement that was previously announced on December 20, 2024 and amended on January 8, 2025, to raise total gross proceeds of approximately $450,000 at a price of $0.015 per share (the “Offering”). The Company has also been granted an extension on the closing of the Offering,…
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Sam Altman, left, and Elon Musk.Muhammed Selim Korkutata | Anadolu | Getty ImagesOpenAI has officially rejected Elon Musk’s proposal to buy the artificial intelligence startup’s nonprofit parent for $97.4 billion.In a short letter to Musk’s lawyer Friday, OpenAI’s attorney, William Savitt, said the OpenAI board had reviewed the proposal and determined that the billionaire’s “much-publicized ‘bid’ is in fact not a bid at all.”The “proposal, even as first presented, is not in the best interest of OAI’s mission and is rejected,” Savitt wrote to Marc Toberoff, who represents Musk. “The decision of the OAI board on this matter is unanimous.”OpenAI…
Introduction “Software is eating the world.” The venture capitalist Marc Andreessen wrote these words back in 2011. From today’s perspective, with companies like Alphabet, Microsoft, and Meta dominating the stock markets, Andreessen’s observation seems to have held up. Had BlackRock CEO Larry Fink made similar comments about exchange-traded funds (ETFs) 11 years ago, he likewise would look prescient today. But despite its phenomenal growth over the last decade, not all is well in ETF land. ETF skeptics are growing louder, their criticisms more pointed. Active managers — who are totally unbiased, by the way — believe passive investing is distorting…
By Davide Barbuscia NEW YORK (Reuters) – The Trump administration’s pledge to contain long-term U.S. Treasury yields has strengthened bond market expectations that a long-desired regulatory shift on bank leverage requirements could be finally looming. Some traders are betting regulators may soon focus on a review of the Supplementary Leverage Ratio (SLR), a rule requiring big U.S. banks to hold an extra layer of loss-absorbing capital against U.S. government debt and central bank deposits. The possible policy change would mean banks would not need to set aside as much extra money when they hold safe assets like Treasuries. This could…
Brian Chesky, co-founder and CEO of Airbnb Inc., during a news conference in Los Angeles on May 1, 2024.Eric Thayer | Bloomberg | Getty ImagesAirbnb shares surged 14.5% and notched their best day ever after the company reported stronger-than-expected fourth-quarter earnings.The stock debuted on the Nasdaq in December 2020, and its sharpest rally to this point came in February 2023. The shares are up about 23% this year.The online rental platform posted earnings of 73 cents per share on $2.48 billion in revenue. That topped analysts’ estimates of 58 cents per share in earnings and $2.42 billion in revenue, according…
SolarBank expands community solar in Skaneateles, New York, with 14.4 MW projects, driving clean energy growth in North America. Source link
Chief Executive Officer of SpaceX and Tesla and owner of Twitter, Elon Musk attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre on June 16, 2023 in Paris, France.Chesnot | Getty ImagesDell shares rose 4% on Friday following a report from Bloomberg that Elon Musk’s startup xAI was preparing an agreement to buy $5 billion in artificial intelligence servers from the hardware maker.The equipment containing Nvidia’s GB200 graphics processing units (GPUs) would be delivered this year, according to Bloomberg, which cited unnamed sources.Many data center gear manufacturers have been seeing growth from…
Carbon Credit Trading MarketAdvance Market Analytics published a new research publication on “Carbon Credit Trading Market Insights, to 2033” with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Carbon Credit Trading market was mainly driven by the increasing R&D spending across the world.Get Free Exclusive PDF Sample Copy of This Research @ https://www.advancemarketanalytics.com/sample-report/188208-global-carbon-credit-trading–market?utm_source=OpenPR/utm_medium=Rahul Some of the key players profiled in the study are: Newterra (Canada), QED Environmental Systems (United States), Carbon Trade Exchange (Australia),…
There is a lot of uncertainty in the markets these days, but for fixed-income investors who remain agile, there could also be several opportunities, according to Wells Fargo. Bond yields remain elevated as investors grapple with uncertainty around the direction of interest rates and inflation . The yield on the 10-year Treasury is currently around 4.47%. Yields move inversely to prices. After cutting last year, the Federal Reserve opted to leave rates unchanged in January. The majority of market participants don’t think the central bank will lower again for several months, according to the CME FedWatch Tool . On Wednesday,…