Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, attends his company’s IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. Brendan McDermid | ReutersCoreWeave’s stock sank nearly 10% on Monday, falling well below its initial public offering price.The artificial intelligence cloud provider sold shares at $40 and the stock opened at $39 in its market debut Friday. Shares closed at $40.CoreWeave’s offering marked the biggest tech IPO since 2021 and the first pure-play AI company to go public. The initial share sale raised $1.5 billion. It was also the largest U.S. IPO since…
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Image source: Getty Images Until a few years ago, I wasn’t really interested in receiving passive income from a dividend stock. I was focused on building up my portfolio almost entirely through growth shares. As the grey hairs started to accumulate though, I grew partial to a dividend. Though, I wouldn’t go as far as oil magnate John D. Rockefeller, who purportedly said: “Do you know the only thing that gives me pleasure? It’s to see my dividends coming in.” When growth stocks take a tumble, as they are doing now, thanks to tariff fears, then at least I can…
Carbon Credit MarketThe carbon credit market size was valued at USD 408.05 billion in 2023. It is projected to grow to USD 4,028.24 billion by 2032, exhibiting a compound annual growth rate of 29.0% from 2024 to 2032.Market Definition: Carbon credits are authorizations that allow the owner to discharge a specific amount of carbon dioxide or other greenhouse gases. One credit permits the discharge of one ton of carbon dioxide or parallel to other greenhouse gases. They are also acknowledged as carbon allowance. The United Nations permits nations a specific aggregate of credits, and each nation is accountable for furnishing,…
Image source: Getty Images Tough trading conditions have whacked the Pets at Home (LSE:PETS) share price in recent times. The FTSE 250 share fell another 11% on Monday (31 March) too after it slashed profit guidance for the upcoming financial year. Britain’s largest dedicated petcare retailer said that “a challenging and volatile UK consumer backdrop” had persisted in recent months, and predicted that “the current market conditions and subdued consumer backdrop to continue into the new financial year“. As a result, Pets estimates that full-year underlying pre-tax profit will fall to between £115m and £125m during the 12 months to…
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This interview has been edited for brevity and clarity. Carbon dioxide removal (CDR) is one of the climate action pillars capable of delivering meaningful results towards global net-zero goals. Paired with CO2 emissions reductions, CDR is a tool that’s increasingly sought after by companies, organizations, and governments as a vital part of sustainability plans. Last year, the CDR market experienced an increase in both purchases and deliveries, and the trend of growing carbon removal investments seems to follow into 2025, with relevant industry experts projecting further growth in the future. While the interest for CDR is on the rise, experts warn that the…
Voluntary carbon markets (VCMs) are navigating a crucial phase as global efforts toward net-zero emissions intensify. With corporate investments, innovative technologies, and evolving policy frameworks at the forefront, VCMs hold immense potential to address climate change. Drawing on recent developments, this summarises some of the key articles from our free voluntary carbon markets weekly newsletter. For in-depth coverage of these stories and access to regular updates, sign up for our free Fastmarkets Carbon Newsletter. UK’s updated NDC signals greater ambitions The United Kingdom has raised the bar for emission reductions by submitting its 2035 Nationally Determined Contribution (NDC) goal to…
Here are Monday’s biggest calls on Wall Street: Stifel reiterates Tesla as buy Stifel cut its price target on the stock but said it is sticking with Tesla shares. “We are updating our forecasts to reflect lower near-term sales, and trimming our target price to $455 from $474. We expect share price volatility to persist in the near term, but remain optimistic on TSLA’s medium- to long-term prospects and reiterate our Buy.” Morgan Stanley upgrades KLA to overweight from equal weight Morgan Stanley says it sees a “rich catalyst” path ahead and robust earnings in late April for the semis…
Image source: Getty Images The Lloyds Banking Group (LSE: LLOY) share price fell 3% in volatile trading when the market opened Monday morning (31 March), before steadying. Close Brothers Group (LSE: CBG) lost 8% by midday, and we see a 34% crash over the past 12 months. It looks like nerves are on edge ahead of the car-loan mis-selling case due to kick off at the Supreme Court on 1 April. What’s it about? In October 2024, the Court of Appeal ruled it illegal for lenders to pay commissions to car dealers without fully-informed consent from customers. And now, Close…
Private equity (PE) and private debt (PD) are often viewed as distinct investment strategies, but they are increasingly intertwined in today’s financial landscape. The ongoing spat between KKR and Bain Capital over Fuji Soft[1] highlights how PE firms can be hostile toward each other, yet the rise of private credit has led to more collaboration between these entities. This post explores the evolving relationship between PE and PD and the implications for investors, regulators, and the broader economy. Early in 2023, Apollo and Blackstone’s credit arms were among a syndicate of lenders backing the financing of Carlyle’s investment in healthcare…