[ad_1] Charles Liang, CEO of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on June 5, 2024.Annabelle Chih | Bloomberg | Getty ImagesSuper Micro Computer reported its delayed financial results on Tuesday just in time to meet the Nasdaq’s listing deadline. Shares of the server maker popped 19% in extended trading after the filing.”In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company at June 30, 2024,” BDO, the company’s auditor, wrote in the filing, adding that the results are “in conformity with accounting principles generally accepted” in…
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[ad_1] Standard Chartered is making major strides in sustainable finance as revealed in its latest report. THe bank generated $982 million in income from this sector in 2024, which is a 36% rise from last year. It brings the bank closer to its goal of reaching $1 billion in annual sustainable finance income by 2025. This growth reflects the bank’s strong commitment to financing the transition to a low-carbon economy. Its sustainable finance lending and financing solutions rose to $507 million in 2024, up from $386 million in 2023, per the bank’s 2024 annual report. Meanwhile, sustainable finance transaction services…
[ad_1] Zefiro Methane Corp Zefiro will work with numerous partners, including Geolabe, Keynum, and CarbonAi, to implement artificial intelligence and blockchain-backed solutions that will accelerate the Company’s well identification and carbon credit issuance efficiency by approximately 50 percent FORT LAUDERDALE, Fla., Feb. 25, 2025 (GLOBE NEWSWIRE) — ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB: ZEFIF) (the “Company”, “Zefiro”, or “ZEFI”) today announced partnerships with Geolabe, a technology company that has built the methane abatement sector’s first fully automated emissions detection system, and Keynum, an artificial intelligence and data science development firm, to enhance the Company’s ability to locate…
[ad_1] Home Depot on Tuesday reported better-than-expected fourth-quarter results, but high interest rates continue to cloud its outlook for the year. Net sales in the three months ended Feb. 2 rose 14.1% to $39.7 billion, topping estimates of $39.16 billion, according to LSEG. Earnings per share (EPS) increased 6.7% on annual basis to $3.02, a penny ahead of the LSEG consensus. Same-store sales rose 0.8% in the quarter, ending a streak of eight straight quarterly declines. Analysts on average were expecting a decline between 1.5% to 2%, depending on the financial data provider. Bottom line Home Depot delivered a solid…
[ad_1] A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 24, 2025.Brendan Mcdermid | ReutersStocks fell broadly on Tuesday, with the S&P 500 on pace for its fourth consecutive losing session, as traders weighed concerns around economic growth and global trade.The broad market index ticked down 0.2%. The Nasdaq Composite dropped 1%, with Nvidia’s 1.4% fall leading the downturn. This week’s losses have pulled the tech-focused Nasdaq into negative territory for the year. Meanwhile, the Dow Jones Industrial Average traded higher by 220 points, or 0.5%.The market took a leg…
[ad_1] Chancellor launches coalition to improve sustainable sovereign debt financing to developing economies, shoring up London’s position as development finance leader amid growing global uncertainty Reeves aims to boost private capital mobilisation for development ahead of her attendance of the European Bank for Reconstruction and Development’s annual meeting on 13-15 May in London In Canary Wharf today (20 February) the Chancellor met with some of the UK’s biggest financial services firms such as Aviva, HSBC and Schroders and urged them to work with development institutions including the European Bank for Reconstruction and Development (EBRD) and British International Investment. To go…
[ad_1] Credit: Unsplash/CC0 Public Domain It is increasingly likely that we will not reach the 2030 targets for reducing CO₂ emissions, nor those set for 2050. As a result, many people are now arguing that we should instead focus our efforts on adapting to climate change, rather than obsessively trying to get it under control. However, the Intergovernmental Panel on Climate Change (IPCC) has singled out an interesting, though complex, way to improve mitigation numbers: capturing, absorbing or removing CO₂ and storing it. But what exactly does this technique consist of, and is it feasible on a large scale? The…
[ad_1] Image source: Getty Images It’s great to see Lloyds Banking Group (LSE: LLOY) shares up 25% so far in 2025. That would already have turned £10,000 invested at the start of the year into £12,500 today. We’re seeing a 31% gain over five years, which would take £10,000 up to £13,100. Oh, plus five years of dividends. But even five years is still a short time for long-term Foolish investors. What does the long term say? Two decades Let’s take ourselves back 20 years to 2005. Before Covid, Brexit, PPI mis-selling… and even before the 2008 banking crisis. At…
[ad_1] It’s normally music to investors’ ears: A company exceeded Wall Street forecasts for earnings and raised their outlook for the next quarter’s performance. But after Nvidia ‘s monster gains and strong earnings reports in recent years, the so-called beat-and-raise may no longer be enough on its face to satisfy growth-hungry traders. “The beat and raise for NVDA is becoming clockwork at this point,” Cantor analyst C.J. Muse wrote to clients this week. “The problem with this consistency… the bar has now been reset and standard beats/ raises are no longer being rewarded.” Analysts and investors are gearing up for…
[ad_1] Ludhiana: Indian industry leaders are urging the government to implement a robust carbon credit framework as global markets tighten emission regulations. The European Union’s Carbon Border Adjustment Mechanism (CBAM), set to be fully operational by 2026, is expected to impose financial penalties on exports lacking verifiable sustainability credentials.CBAM impact on exportsCBAM will levy a carbon tax on imports from countries with less stringent environmental policies, affecting sectors such as steel, cement, aluminum, and fertilisers. During the transition phase from Oct 2023 to the end of 2025, importers must report the carbon footprint of their goods. However, from next year,…