The U.S. battery storage market achieved unprecedented growth in 2024, fueled by the need for renewable energy integration and improved grid stability. With nearly 9.2 gigawatts (GW) of new capacity installed in late November, the year surpassed previous records, per S&P Global data. This highlights the sector’s rapid expansion and future potential. Power Surge: How Battery Storage Is Transforming the U.S. Grid Large-scale lithium-ion battery storage installations in the U.S. reached new heights in 2024, surpassing the previous year’s record of 8.4 GW, according to S&P Global data. By November 25, developers had added 9.2 GW of new capacity, setting…
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WARREN, N.J., Dec. 17, 2024 (GLOBE NEWSWIRE) — Tevogen Bio (Tevogen or Tevogen Bio Holdings Inc.) (Nasdaq: TVGN), a clinical-stage specialty immunotherapy biotech developing off-the-shelf, genetically unmodified T cell therapeutics to treat infectious disease and cancers, announced today that it will host a compelling panel discussion, Pioneering the Economics of Health: Balancing Access and Outcomes, during the 43rd Annual J.P. Morgan Healthcare Conference. This panel will bring together global thought leaders to examine the critical interdependencies of the healthcare ecosystem, a dynamic interplay between patient accessibility, medical innovation, reimbursement mechanism and health policy often overlooked when only considering a singular…
(Reuters) -Japanese auto giants Honda Motor and Nissan Motor will start negotiations to merge as they face growing competition from bigger global electric vehicle makers, the Nikkei newspaper reported on Tuesday. The two companies have increased ties in recent months as they face heavy competition from Chinese EV makers that has added pressure on legacy brands struggling to make enough profit from their EV ventures. Honda and Nissan issued identical statements saying the report on merger talks by Nikkei was not announced by either companies. Reuters has not independently verified the report. “As announced in March of this year, Honda…
Digital assets have rallied since the November U.S. presidential election — with bitcoin notching a new high above $107,000 on Monday — and continue to gain ground as President-elect Donald Trump details his pro-cryptocurrency policy plans. Still, many financial advisors remain wary. “As traditional long-term planners, we currently do not incorporate crypto in our portfolio allocations,” said certified financial planner Marianela Collado, CEO of Tobias Financial Advisors in Plantation, Florida. She is also a certified public accountant. “We always advise our clients to put in crypto what you’re not necessarily needing for retirement, what you’re comfortable losing.”More from ETF Strategist:Here’s a look…
By Carolyn Cohn and Noor Zainab Hussain LONDON (Reuters) -International and domestic insurers are pushing into the U.S. market for hard-to-protect homes, charging high premiums and enjoying strong profits after some U.S. firms pulled out. Rising losses from storms, hurricanes and wildfires in recent years have caused some insurers, such as Allstate (NYSE:) and State Farm, to cut back cover in catastrophe-hit states like Florida and California. This has left greater room for non-domestic players like Hiscox (LON:) and Munich Re to enter the fray, industry sources say. “We continue to provide home insurance to most existing customers in these…
For investors anxious about the market’s stretched valuation, Wells Fargo said there is no bubble forming. The S & P 500 is currently trading about 25 times forward earnings after a 27% rally, which makes today’s valuation seem expensive at first glance since the 30-year average price-to-earnings ratio is at 19 times, Wells Fargo said. However, the Wall Street firm argued that it might be unfair to compare to the historical average because the index is more efficient than ever. Wells Fargo pointed out that profit margins of S & P 500 companies have nearly doubled over the past 15…
Investing.com — Shares of Humana Inc . (NYSE:) tumbled 6.5% as investors reacted to concerns regarding the company’s potential earnings exposure from its Humana Honor plans, which primarily serve veterans. A recent scenario analysis by analysts at Piper Sandler, inspired by a Wall Street Journal article, highlighted the earnings risks associated with members who are covered both by the Veterans Affairs (VA) and Medicare Advantage (MA). The analysis, which delved into Humana’s 375.7K Humana Honor plan members, suggested that while these plans were designed to attract veterans, they could represent a significant earnings risk in 2025. This comes at a…
(Reuters) -Japanese auto giants Honda (NYSE:) Motor and Nissan (OTC:) Motor will start negotiations to merge as they face growing competition from bigger global electric vehicle makers, the newspaper reported on Tuesday. The two companies have increased ties in recent months as they face heavy competition from Chinese EV makers that has added pressure on legacy brands struggling to make enough profit from their EV ventures. Honda and Nissan were not immediately available for Reuters requests for comment. Reuters has not independently verified the Nikkei report. Nissan and Honda, Japan’s third and second biggest automakers after Toyota (NYSE:), have been…
GreenIron and Scandinavian Steel AB, a leading metals distributor, have signed a collaboration agreement to deliver hydrogen DRI, a fossil-free iron product. Source link
Mark Cuban Calls Healthcare Pricing ‘Horrific’– Says Hospitals And Doctors Are ‘Sub Prime Lenders’ – But He’s Proposing A Way To Fix Things Mark Cuban isn’t holding back when it comes to his thoughts on the U.S. health care system. On Bluesky, on Dec. 10, he laid out exactly why he thinks the system is broken and how he’s taking steps to fix it. His biggest gripe? Hospitals and doctors are being forced into the role of “Sub Prime Lenders” because they bear 100% of the credit risk for unpaid deductibles, co-pays and coinsurance. “That’s insane,” he wrote, adding, “When…