During its business transformation, the semiconductor company is focusing on reducing costs. Source link
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Image source: Getty Images So far this month, I’ve added two companies to my Stocks and Shares ISA. One is an established FTSE 100 giant, while the other is a newer but surprisingly large Brazilian enterprise. Bought at $14 First up is Nu Holdings (NYSE: NU), commonly known as Nubank. Despite being largely unknown in the West, this is Latin America’s biggest digital bank with a $75bn market cap. In fact, it’s the largest online-only bank outside of China and is backed by Warren Buffett! The share price is up around 90% year to date. And while some investors might…
Before getting started with a gold, investors should familiarize themselves with some common mistakes. Getty Images/iStockphoto Gold shined in 2024, outperforming many other investment assets this year. Gold’s trajectory can be traced back to late 2023, when its price surged to a record high of $2,135.39 per ounce due to geopolitical tensions, rising inflation and other factors. Amid these pressures, investors fled to safe-haven assets like precious metals to protect their portfolios.These conditions have continued in 2024, driving the ongoing rise of gold prices. According to American Hartford Gold, the price of gold has soared from $2,063.73 on January 1…
EVgo Inc (NASDAQ:EVGO) shares are trading higher after the company reported third-quarter sales growth of 92% year-on-year to $67.535 million, beating the consensus estimate of $65.952 million. Revenue growth was primarily driven by year-over-year increases in charging network and eXtend revenues. EVgo’s network throughput for the quarter was 78 Gigawatt-hours (GWh), a growth of 111% year-over-year. The company added over 147,000 new customer accounts during the third quarter, bringing the overall number of customer accounts to more than 1.2 million at quarter end. Adjusted gross profit for the quarter was $18.0 million versus $9.3 million last year. Adjusted gross margin expanded 20 basis points to 26.6% in the quarter. Adjusted EBITDA loss was $8.9 million versus a $14.2 million loss last year. Loss per share of 11 cents beat the…
Countries at the United Nations’ COP29 began the critical climate summit with a vital step that might finally pave the way for a global carbon market to help fund programs aimed at reducing carbon emissions. On Monday, delegates gathered in Baku, Azerbaijan gave a green-light to carbon credit quality standards — guardrails for how international carbon crediting projects will work. Those standards are critical to operationalising a UN-backed global carbon market, which has been years in the making. Also on AF: ‘We Are on a Road to Ruin’: COP29 Kicks Off Amid Trump Worry And concluding a…
NEW YORK – NANO Nuclear Energy Inc. (NASDAQ: NNE), an advanced nuclear technology company, has joined a U.S. government-led working group aimed at promoting the deployment of small modular reactors (SMRs) and advanced nuclear technologies in Southeast Asia. The U.S. Civil Nuclear/SMR Industry Working Group (CNIWG) for Southeast Asia, a collaboration with the U.S. Department of Commerce’s International Trade Administration, seeks to advance U.S. nuclear energy solutions in the region while adhering to strict safety and nonproliferation standards. The initiative recognizes the unique energy challenges faced by Southeast Asia, where geographic constraints often limit the reach of conventional power grids.…
By Simon Lewis (JO:) WASHINGTON (Reuters) – The outgoing Biden administration’s top diplomat, Antony Blinken, heads to Brussels on Tuesday for talks with European allies concerned that President-elect Donald Trump could abandon Ukraine in its war with Russia. In his first overseas trip since Trump’s Nov. 5 election victory, Secretary of State Blinken will stop in Brussels ahead of scheduled visits to Peru and Brazil later this week, according to an announcement. In meetings with NATO and European Union officials, Blinken will “discuss support for Ukraine in its defense against Russia’s aggression,” the State Department announcement said, without elaborating on…
Der Trump-Wahlsieg befeuert US-Börsen und Kryptowährungen – entsprechende ETFs und ETNs sind gefragt wie selten. Meist geht es um S&P 500-, Nasdaq- oder MSCI USA-Produkte, gerne auch mit Hebel.12. November 2024. FRANKFURT (Börse Frankfurt). S&P 500, Nasdaq, Bitcoin – immer neue Allzeithochs von US-Aktien und Kryptowährungen bestimmen den ETF-Handel. Ivo Orlemann von der ICF Bank spricht von einem stark „amerika-lastigen Geschäft“, mit überwiegend Käufen. Auch Holger Heinrich von der Baader Bank meldet einen deutlichen Kaufüberhang bei Aktien-ETFs, vor allem US-Aktien-ETFs, bei erhöhtem Umsatz. „Bei uns ist richtig viel los, meist sind es Käufe, und zwar von Aktien-ETFs und Krypto-ETNs“, meldet auch…
A surge in private-credit funds and record local bond sales are helping Brazil’s biggest lenders snag investment-banking market share from US competitors.Bank of America Corp.’s ranking for the business slipped to third this year from second in 2023, as the bank ceded ground to local heavyweights Itau Unibanco Holding SA and Banco BTG Pactual SA, according to Dealogic data through Oct. 31. JPMorgan Chase & Co., the biggest US bank, also lost market share. Source link
While we’re thrilled that Ford has revived the Bronco, these classic, customized Broncos will always have a special place in our hearts. This particular 1969 custom-built Bronco has been transported into the modern era, making it one of the top ten we’ve seen without a doubt. This build comes from none other than RMD Garage (yes, that RMD Garage), and it even appeared in an episode titled “Urban Madness.” They’ve packed this Bronco with an array of sleek, modern upgrades, transforming it into a show-stopping custom SEMA build. The craftsmanship on this Bronco’s body is astonishing. The matte military green…