Image source: Getty Images Penny shares have the potential to make investors a lot of money in a very short space of time. But this can work both ways, of course, as a 5p share price can quickly become 2p. With this in mind, I note Virgin Galactic (NYSE: SPCE) stock has been surging higher. It has gone from $2.37 (or about £1.76) in April to just under $4 today. That’s a 65% jump! In the US, a business trading for a couple of dollars with a $98m market cap — like Virgin Galactic in April — would be classed…
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Markets expect the Fed to hold rates steady on Wedenesday, despite pressure from the White House and public calls for cuts from FOMC members like Governor Waller. Analysts see signs of a shift toward easing—possibly beginning in September—but warn that Trump’s fiscal policies may complicate Powell’s efforts to control inflation, regardless of rate decisions. Jerome Powell has a chance to make his life significantly easier this week. If he was minded, he could recommend at the meeting of the Federal Open Market Committee (FOMC) that the base rate should be cut—thus removing some of the pressure the White House is…
In January, President Donald Trump signed an executive order titled “Removing Barriers to American Leadership in Artificial Intelligence.” The goal was to maintain and expand America’s edge in AI technology to enhance national security, economic power, and human development. Following up on that directive, the White House released “Winning the AI Race: America’s AI Action Plan” on July 23. The strategy aims to place the U.S. at the forefront of global AI development by fast-tracking infrastructure, encouraging innovation, and promoting international cooperation. Officials called it a transformative roadmap to power a new era of American technological dominance. Key Highlights of…
Image source: Getty Images Despite the FTSE 250 hitting a 52-week high this week, not every stock on the index is winning. And of those struggling, few are doing worse than popular high-street baker Greggs (LSE: GRG). The company’s shares are down a staggering 45% year-to-date, making it the second-worst performer on the UK’s mid-cap index. I’ve held shares in Greggs for several years, but lately I’ve started to question that situation. Less than a year ago, the price came close to breaching its all-time high above £33. Today, it trades near £15. If this slide continues, it won’t be…
UN Secretary-General António Guterres has declared that the global energy transition has reached a point of no return. As clean energy investments pass $2 trillion in 2024, renewable energy is now more cost-competitive than fossil fuels. Guterres said we have entered the “clean energy age” and must act quickly to build on this progress. With solar and wind becoming some of the cheapest sources of energy, countries and companies are shifting toward sustainable energy sources at a fast pace. Source: UN Are Renewables Really Cheaper Than Fossil Fuels? Yes—and by a big margin in many regions. According to a recent…
Insider Brief The FII Institute report argues that artificial intelligence can improve the credibility, transparency and effectiveness of global carbon Source link
Image source: Getty Images I have my eye on a couple of FTSE 250 companies whose shares look like they might be cheap. And they’re in closely related businesses. Building materials supplier Travis Perkins (LSE: TPK) is one. It operates the Wickes chain and other outlets as well as selling under its own name. The share price has fallen nearly 70% since a high in 2021, taking it 50% down over the past five years. I know the construction business has been suffering under the cosh of high interest rates. But I can’t help feeling this fall looks overdone. Turnaround…
Image source: Getty Images Of all the stocks in the FTSE 100 index, Games Workshop (LSE: GAW) is my favourite. This choice is made easier when the share price is up 107% in three years, and continues to make money in my portfolio. Games Workshop stock rose again today (29 July), up 5.7% to 16,140p. In 10 years, the Warhammer maker has returned around 2,700%, not including cash dividends (of which there have been plenty). Let’s take a look at why this FTSE 100 outperformer is on the move right now. A cracking year Games Workshop has just published its…
Prof. Thomas Brück and other researchers have developed a process to make carbon fibers from renewable raw materials. Credit: Andreas Heddergott/TUM Carbon fibers are essential in aviation, wind energy, and lightweight construction. However, since they are based on petroleum, their production has been very harmful to the environment. A research consortium led by the Technical University of Munich (TUM) has now succeeded in developing a production process for carbon fibers from renewable raw materials. Project coordinator Prof. Thomas Brück, head of the TUM Chair of Synthetic Biotechnology, emphasizes, “With the joint GreenCarbon project, we have taken a major step toward…
Image source: Getty Images Over the past five years Barclays (LSE: BARC) shares have more than trebled in price. The primary driver for improving fundamentals has been a widening gap between the interest the bank charges its borrowers compared to that paid out to savers. After selling out of my holdings a couple of months back, I’m wondering if I made a mistake. H1 results Total income for the blue-eagle bank surged 12% to £14.9bn in H1. Apart from its US consumer bank division, every business unit reported double-digit revenue increases. The standout performer was its investment banking division, which…