Tesla and SpaceX CEO Elon Musk speaks with former president Donald Trump during a campaign event at the Butler Farm Show, Saturday, Oct. 5, 2024, in Butler, Pa. Jabin Botsford | The Washington Post | Getty ImagesAs Tesla prepares for quarterly results Wednesday, many investors have one big issue on their minds: Donald Trump.On a forum Tesla uses to solicit investor questions online in advance of its earnings calls, dozens of inquiries poured in from retail shareholders about Elon Musk’s politics, his incendiary commentary on X, and his efforts to get Trump back in the White House.”Elon Musk has the right to express his…
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(Reuters) -International Business Machines (IBM)beat analysts’ estimates for third-quarter profit on Wednesday, helped by robust growth in its high-margin software segment as businesses prioritized spending on its IT services and doubled down on AI adoption. Shares of the company fell 6% in extended trading after it missed estimates for third-quarter revenue, dragged down by weakness in its consulting and infrastructure segments. IBM’s software segment recorded its biggest jump in quarterly revenue in three years, driven by sustained demand from enterprises expanding their cloud infrastructure to accommodate generative AI technology. Software growth has helped drive profits. The Big Blue recorded adjusted…
There have been many iconic muscle cars in American automotive history, and even today, they can fetch high prices at auctions. But not all muscle cars were winners. Some were short-lived and introduced during the so-called “malaise era” of muscle cars. The malaise era came right after the 1973 oil crisis when automakers rushed to produce cars to boost sales. However, strict emissions regulations and fuel restrictions forced them to put underpowered engines in large cars. This led to unreliable muscle cars that are now seen as some of the worst in history, like the ten listed here. 10) 1978…
The shift to climate-smart farming emphasizes low-carbon crop yields for biofuels, with 45Z tax credits starting Jan. 1, 2025. Farmers should consider profitable changes while documenting their existing sustainable practices. Source link
When we talk about stock returns, most people assume that individual stocks should yield positive returns. That’s because the stock market has historically outperformed other asset classes like bonds. But surprisingly, the median monthly return for a large sample of individual stocks is — drumroll, please – zero. That’s right. A study conducted by Henric Bessembinder and published in the Financial Analysts Journal in April 2023 found that on a monthly basis, individual stocks generate returns centered around zero. In fact, this paints a “half-full, half-empty” scenario. Half the stocks produce positive returns, while the other half have negative returns.…
Investing.com – Italy stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower. At the close in Milan, the lost 0.13%. The best performers of the session on the were Stellantis NV (BIT:), which rose 3.00% or 0.36 points to trade at 12.38 at the close. Meanwhile, STMicroelectronics (BIT:) added 1.82% or 0.47 points to end at 26.03 and Hera (BIT:) was up 1.39% or 0.05 points to 3.65 in late trade. The worst performers of the session were Banca Monte dei Paschi di Siena SpA (BIT:), which fell 3.13% or 0.16…
Corporate buyers continue to rely on traditional carbon credit purchasing methods. Meanwhile, potential buyers of carbon removal credits need more education before committing to these newer options. This year’s NASDAQ survey revealed that even though companies are interested in CDR credits, a major proportion is unaware of the latest technologies like enhanced rock and coastal weathering, enhanced coastal weathering, ocean alkalinity enhancement, etc. The survey revealed: Support for maximizing the impact of carbon credit purchases increased from 25% in 2023 to 27% in 2024. Support for offsetting emissions with carbon removal credits decreased from 24% in 2023 to 22% in…
Liam Lawson’s return to Formula 1 during the United States Grand Prix marked an exciting moment in his career as he auditioned for a potential seat in F1 2025 with VCARB, possibly even with Red Bull. His performance caught the attention of Red Bull team principal Christian Horner, who noted that if Lawson could get under the skin of veteran driver Fernando Alonso, it indicated that he was doing well. The weekend showcased Lawson’s ability to compete fiercely against a seasoned champion, setting the stage for his future in the sport. The race weekend was particularly eventful, especially during the…
eyetoeyePIX / Getty ImagesInvesting has a learning curve, and it can take time to feel like you’ve learned enough to know what you should and shouldn’t do. There’s one simple mistake, however, that could mess with your investing plans.Find Out: 2 Best Ways To Invest $1 a Day — and What It Can Grow ToRead Next: 9 Things You Must Do To Grow Your Wealth in 2024In fact, this mistake is super common, but it can lead to big problems later on. The good news is, it’s simple to fix: updating your beneficiaries.“How you list your beneficiary designations is an…
Nvidia (NVDA) says it has fixed a design flaw in its latest artificial intelligence chips that led to production and shipping delays.The chipmaker worked with its partner, Taiwan Semiconductor Manufacturing Company (TSM), to resolve the engineering setback in its highly anticipated Blackwell AI platform.“It was functional, but the design flaw caused the yield to be low,” Nvidia chief executive Jensen Huang said, according to Reuters. “It was 100% Nvidia’s fault.”The complexity of the project contributed to the setback. The Blackwell computer involved seven new chip designs that needed to be developed and put into production simultaneously, according to Huang.The problems…