A general view of the GameStop logo on one of its stores in the city center of Cologne, Germany.Ying Tang | Nurphoto | Getty ImagesVideo game retailer GameStop announced Tuesday its board has unanimously approved a plan to buy bitcoin with its corporate cash, echoing a move made famous by MicroStrategy.The meme stock jumped more than 6% in extended trading Tuesday following the news. The announcement confirmed CNBC’s reporting in February of GameStop’s intention to add bitcoin and other cryptocurrencies to its balance sheet.The video game retailer said a portion of its cash or future debt and equity issuances may be…
Author: user
The National Audit Office (NAO) has called for clearer objectives and more reliable information on future UK infrastructure projects to effectively mobilise private finance. In a new report published today, the NAO said the government needed to improve the level of detail in the National Infrastructure and Construction Pipeline in terms of upcoming investment opportunities in order to ensure investor confidence. The NAO said providing more consistent and predictable information on projects would reduce uncertainty around infrastructure investment and financing, supporting longer-term planning by investors and helping to create a more competitive market. The report, ‘Lessons learned: private finance for…
Google is making another major move in carbon removal by participating in Frontier’s $33 million offtake agreement with Eion Carbon. This deal plans to cut about 79,000 tons of CO₂ by 2030. It uses enhanced rock weathering (ERW), a natural way to boost carbon absorption in rocks. Reilly O’Hara, Program Manager, Carbon Removal at Google, remarked on this deal, noting: “This deal isn’t just about removing CO2 – it’s also about building a robust, transparent understanding of enhanced weathering’s potential. By integrating with existing agricultural systems and prioritizing data sharing, Eion will help pave the way for scalable, impactful climate…
Google is making another major move in carbon removal by participating in Frontier’s $33 million offtake agreement with Eion Carbon. This deal plans to cut about 79,000 tons of CO₂ by 2030. It uses enhanced rock weathering (ERW), a natural way to boost carbon absorption in rocks. Reilly O’Hara, Program Manager, Carbon Removal at Google, remarked on this deal, noting: “This deal isn’t just about removing CO2 – it’s also about building a robust, transparent understanding of enhanced weathering’s potential. By integrating with existing agricultural systems and prioritizing data sharing, Eion will help pave the way for scalable, impactful climate…
Inflation isn’t the only factor at play, but it has a big impact on where mortgage rates head. Yevhenii Kazykin/Getty Images After four straight months of increases, the inflation rate fell slightly in February, dropping to 2.8% from 3.0% the month prior. But despite those recent upticks, today’s inflation rate is a big improvement compared to 2022, when inflation surpassed 9%. Still, it’s hardly a surprise that inflation has been a key topic of conversation over the past several years. And while Americans are keeping an eye on inflation for many reasons, one particular reason is the effect it has…
The outlook is getting darker for one part of the municipal bond market. The higher education sector was recently downgraded by Moody’s Ratings to negative from stable amid potential policy changes from President Donald Trump ‘s administration. Higher ed and K-12 education are the only two muni sectors Moody’s rates negative. The catalyst for the outlook change was a shift in public and private colleges’ operating environment, primarily related to growing uncertainty, explained Susan Fitzgerald, managing director of public finance at Moody’s Ratings. “The sector already had a fair number of stresses that it was addressing — particularly on the…
SAN FRANCISCO, March 25, 2025–(BUSINESS WIRE)–Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading global private securities marketplace, today announced a first-of-its-kind partnership with Yahoo Finance to provide up-to-date pricing information on many of the top unicorn companies in the world. Through this collaboration, investors will now have access to real-time pricing and valuation data for late-stage U.S. private companies before they go public through Yahoo Finance. The initiative also introduces the industry’s first large-scale public-to-private company comparison tool leveraging Forge’s proprietary pricing data to educate investors on private market investment opportunities. “The democratization of the private…
Carbon credit registry Verra has suspended activities by four auditors related to carbon credit projects they vetted in China which claimed bogus emission reductions. In an unprecedented move, TÜV Nord, China Classification Society Certification Company, China Quality Certification Center and CTI Certification will be prevented from auditing agriculture and forestry offsetting schemes on Verra’s registry. For German certification giant TÜV Nord, the measures will only apply to its operations in China. It is the first time Verra has taken such measures. The auditors certified the activities of 37 programmes that aimed to slash planet-heating methane gas releases from rice fields…
Oklo’s earnings took a hit as the company reported a net loss of $73.6 million for 2024. The majority of it came from a $52.8 million operating loss. The company’s stock dropped after the report, but analysts stressed that its long-term vision matters more than the numbers. However, the company’s nuclear endeavors continue to shine. It’s working with the U.S. Nuclear Regulatory Commission (NRC) to prepare for its upcoming license application to advance its nuclear technology. Source: Oklo As part of this process, the NRC will review Oklo’s licensing materials in advance through a Pre-Application Readiness Assessment. This step helps…
Oklo’s earnings took a hit as the company reported a net loss of $73.6 million for 2024. The majority of it came from a $52.8 million operating loss. The company’s stock dropped after the report, but analysts stressed that its long-term vision matters more than the numbers. However, the company’s nuclear endeavors continue to shine. It’s working with the U.S. Nuclear Regulatory Commission (NRC) to prepare for its upcoming license application to advance its nuclear technology. Source: Oklo As part of this process, the NRC will review Oklo’s licensing materials in advance through a Pre-Application Readiness Assessment. This step helps…