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[ad_1] Image source: Getty Images Not many companies can lose $1trn in market cap. Nvidia (NASDAQ: NVDA) did, yet it’s still the second-largest company on the US stock market. It was down 29% from January’s record high by market close on Tuesday (11 March). That’s worse than the Nasdaq, which has dropped 13% in three weeks. Cheap chip maker? Nvidia’s 1,665% gain over the past five years has been stunning. But even with that, the valuation still didn’t get close to the heights of some booming tech stocks of the past. After this decline, forecasts have Nvidia stock on a…

[ad_1] CAIRO (AP) — African soccer leader Patrice Motsepe was re-elected Wednesday and urged working with private financiers to help federations build national stadiums in countries where government budgets are tight. The 54 member federations of the Confederation of African Football — 12 of whom currently cannot host national-team games in international competitions — elected Motsepe by acclaim unopposed to have a second four-year term. Motsepe, a South African billionaire with mining interests, also renews his $300,000-a-year position as a vice president at FIFA, whose president Gianni Infantino sat with Motsepe on stage Wednesday. FILE – Patrice Motsepe, the President…

[ad_1] Rio Tinto has completed its $6.7 billion acquisition of Arcadium Lithium in the U.S. The Royal Court of Jersey approved the deal on March 5, officially making Arcadium Lithium a part of Rio Tinto Lithium. This acquisition also brings the Rincon lithium project into Rio Tinto’s growing portfolio. Rio Tinto’s Big Bet on Arcadium Lithium With this acquisition, Rio Tinto aims to grow the capacity of its Tier 1 assets to over 200 thousand tonnes per year of lithium carbonate equivalent (LCE) by 2028. Furthermore, it expects strong growth, higher EBITDA, and improved cash flow in the coming years. It…

[ad_1] Rio Tinto has completed its $6.7 billion acquisition of Arcadium Lithium in the U.S. The Royal Court of Jersey approved the deal on March 5, officially making Arcadium Lithium a part of Rio Tinto Lithium. This acquisition also brings the Rincon lithium project into Rio Tinto’s growing portfolio. Rio Tinto’s Big Bet on Arcadium Lithium With this acquisition, Rio Tinto aims to grow the capacity of its Tier 1 assets to over 200 thousand tonnes per year of lithium carbonate equivalent (LCE) by 2028. Furthermore, it expects strong growth, higher EBITDA, and improved cash flow in the coming years. It…

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[ad_1] Image source: Getty Images BAE Systems (LSE:BA.) shares are up 70% over two years. This means that £10,000 invested then would be worth £17,000 today, plus around £600 in the form of dividends. Clearly that’s a return most investors would be happy with. However, the question remains as to whether the FTSE 100 company actually deserves this elevated valuation. Let’s explore. Putin and Trump send defence stocks higher European defence stocks have surged since Vladimir Putin’s war in Ukraine started three years ago, ushering in a new era of heightened military spending. And now President Trump’s talk of a…

[ad_1] Starmer raised the tariffs during a 20-minute call with Trump on Monday. “We remain prepared to defend the U.K.’s national interest where it’s right to do so,” a No 10. spokesperson said afterwards. European Union leaders have threatened to bite back against Trump with retaliatory duties on bourbon and Harley-Davidson motorcycles. Yet Britain is unlikely to retaliate, an official from the U.K.’s Department for Business and Trade who agreed to speak anonymously to discuss sensitive trade issues told POLITICO. In Britain, “we’re not going to have a kneejerk reaction,” the official said, pointing out No. 10 Downing Street is…

[ad_1] The outlook for Apple looks less clear in the months ahead, according to Morgan Stanley. The firm, which has an overweight rating on the megacap technology name, cut its price target to $252 from $275, implying 14.1% upside from Tuesday’s close. This comes as the stock has been struggling this year. Shares are down nearly 12% in 2025, eclipsing the S & P 500’s 5% pullback during that time. AAPL YTD mountain AAPL, year-to-date Analyst Erik Woodring trimmed his iPhone shipments outlook after the company delayed a Siri upgrade that incorporates artificial intelligence features. For 2025, he is projecting…

[ad_1] Green artificial intelligence (AI) has a crucial role in accelerating the transition to clean energy and achieving net-zero emissions. AI solutions boost energy efficiency, improve power grids, and cut carbon footprints in various industries. Machine learning algorithms predict energy demand. This helps integrate renewable sources, such as solar and wind, more effectively. Additionally, AI improves battery storage management, ensuring more effective use of sustainable energy. Some important statistics on AI-powered energy transition: AI-driven energy efficiency could cut global electricity demand, says the International Energy Agency (IEA). It can deliver more than 40% of the emissions reductions needed by 2040…

[ad_1] Image source: Britvic (copyright Evan Doherty) One stock from the FTSE small-cap index that has been steadily recovering over the past couple of years is The Gym Group (LSE:GYM). Now at 136p, shares of the budget gym chain are up 63% since a post-pandemic low of 83p in April 2023. Zooming out a bit further though, the stock is still down 55% from a high of 307p in June 2021. If it were to reach that price again, an investor could more than double their money by investing today. Is this a stock that can pump up my portfolio? Let’s…