The Monaco Grand Prix will continue to feature on the Formula 1 calendar until 2031, as confirmed by the series. Recognized as one of the most prestigious events in the F1 calendar, Monaco’s contract was due for renewal following the 2025 edition. Despite concerns regarding the event’s ability to deliver consistently thrilling races on the narrow streets of Monte Carlo, F1 and the Automobile Club of Monaco have successfully negotiated a deal that secures the race’s place on the calendar for an additional six years. Under the terms of the new agreement, Monaco will shift its traditional race date from…
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In a challenging market environment, Toro Corp’s stock has touched a 52-week low, trading at $2.52. The significant downturn reflects a broader trend for the company, which has seen its stock price plummet by 37.06% over the past year. Investors have been cautious as Toro Corp grapples with various headwinds that have affected its performance and market valuation. The current price level represents a critical juncture for the company, as it strives to implement strategic measures to stabilize and eventually rejuvenate its financial standing and investor confidence. InvestingPro Insights Recent data from InvestingPro sheds additional light on Toro Corp’s current…
Voters line up to cast their ballots at a voting location in Bethlehem, Pennsylvania, on Nov. 5, 2024.Samuel Corum | Afp | Getty ImagesWhen asked, “Are you better off today than you were four years ago?” the answer for many older voters ages 50 and over was “no,” according to a new postelection poll released by AARP.Almost half — 47% — of voters ages 50 and over said they are “worse off now,” the research found, while more than half — 55% — of swing voters in that age cohort said the same.In competitive congressional districts, President-elect Donald Trump won…
Bloom Energy (NYSE: BE) investors are having a terrific Friday, as shares of the renewable energy company surged 47.8% through 10:30 a.m. ET. Last night, Bloom Energy announced a deal to supply up to 1 gigawatt’s-worth of fuel cells to electric utility American Electric Power (NASDAQ: AEP). Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Last night’s announcement comes on the heels of a miserable earnings report from Bloom last week — a report that was redeemed by Bloom’s announcement of a deal to set up an 80-megawatt fuel cell…
The Commodity Futures Trading Commission (CFTC) recently approved one of its most controversial guidance document to date. Under this new policy, the CFTC will dictate terms for a voluntary carbon-credit (VCC) market beyond its jurisdiction. The move came in late September when, by a majority vote, the commissioners approved the guidance document titled “Listing Voluntary Carbon Credit Derivative Contracts.” Following the vote of approval, CFTC officials issued the final text on October 15th. The final guidance enables the CFTC to arbitrarily weigh in on voluntary carbon credit trading across its exchanges; something that no other federal agency has attempted before.…
SAN JOSE, Calif., Nov. 15, 2024 /PRNewswire/ — QuickLogic (NASDAQ:) Corporation (NASDAQ: QUIK), a leading developer of embedded FPGA (eFPGA) hard IP and User Tools, ruggedized FPGAs, and Endpoint AI/ML solutions will feature its secure, and trusted, custom eFPGA solutions at Space Tech Expo Europe 2024 in Bremen, Germany. QuickLogic’s innovative solutions are tailored to meet the complex demands of the aerospace and space sectors, providing high-performance, low-power options with pre-verified, silicon-proven reliability. Because QuickLogic’s eFPGA Hard IP is based on 100% silicon proven standard cells, radiation tolerant/hardened options are also available. Exhibit Details When: November 19“21, 2024 Where: Hall…
When you buy shares in a company, it’s worth keeping in mind the possibility that it could fail, and you could lose your money. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. For instance, the price of ADENTRA Inc. (TSE:ADEN) stock is up an impressive 155% over the last five years. And in the last week the share price has popped 3.2%. Let’s take a look at the underlying fundamentals over the longer term, and see if they’ve been consistent with shareholders returns. View…
Nvidia (NVDA, Financials) has disclosed a new investment in Applied Digital (APLD, Financials), a digital infrastructure and cloud services developer. Based on a quarter ended September 30 regulatory disclosure, Nvidia holds around 7.72 million Applied Digital shares valued at $63.66 million. This comes to around 3% of the total. Based in Dallas, Texas, Applied Digital offers digital infrastructure solutions for artificial intelligence and high-performance computing projects in North America. With a net loss of $4.2 million on sales of $60.7 million, a year-over-year increase of 67%, the firm reported in the fiscal quarter ended Aug. 31. Applied Digital raised $160…
Advances LiDAR technology for improved contrail analysis Provides insights for development of new aircraft enginesIndustry actively collaborating to understand contrail science with aim to reduce emissionsCINCINNATI, Nov. 15, 2024 /PRNewswire/ — GE Aerospace (NYSE: GE) and NASA are partnering on a series of unique flight tests to help further the aviation industry’s understanding of contrails, using new test methods and technologies. Contrails are clouds made of ice particles, which can be created when airplanes fly through cold, humid air. Persistent contrails are estimated to have a warming climate impact. Flight tests will support industry research efforts to better understand contrail…
By Lucy Papachristou, Filipp Lebedev and Mark Trevelyan (Reuters) -Protesters stormed the parliament of the Russian-backed breakaway Georgian region of Abkhazia on Friday and demanded the resignation of its leader over an unpopular investment agreement with Moscow. Russia said it was following the “crisis situation” in Abkhazia with concern and urged its citizens to avoid travel there. Russia recognised Abkhazia and another breakaway region, South Ossetia, as independent states in 2008 after it defeated Georgia in a five-day war. It maintains troop bases in both regions and props up their economies. In Abkhazia’s capital Sukhumi, protesters used a truck to…