Micron (MU) is the first chipmaker to report quarterly results this earnings season. Its report, scheduled for release after the bell on Wednesday, will provide insight into how the semiconductor sector is faring amid high expectations from Wall Street.Micron’s memory chip business has undergone a resurgence over the past year as Big Tech firms pour billions into the semiconductor sector for hardware to power artificial intelligence data centers.Micron distinguishes itself by partnering with, rather than competing against, industry superpower Nvidia (NVDA). Micron supplies memory chips for Nvidia’s hotly demanded GPUs.Wall Street expects Micron to record quarterly revenues 90% higher than…
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LONGUEUIL, Québec, Sept. 25, 2024 (GLOBE NEWSWIRE) — Greenheart Gold Inc. (TSXV: GHRT) (the Company or Greenheart Gold) is pleased to announce that it has signed a binding Heads of Agreement outlining the key terms of an option to purchase a 100% interest in the IGAB project in Suriname. This 95 square kilometers, early stage project is located 30 kilometers south of Newmont’s operating Merian mine (3.9 Moz Au in reserves plus 1.5 Moz Au in measured and indicated resources) and can be easily accessed via road and a short boat ride along the Marowijne river (see Figure 1). Justin…
(Bloomberg) — After several bruising years of fighting fires and trying to fix glaring shortcomings, the voluntary carbon market is now ready for prime time.Most Read from BloombergThat’s the resounding message from investors, corporate executives and government ministers who gathered in New York on Wednesday for what’s been dubbed “VCM Day.” In a series of talks and seminars, speakers are making the case for why carbon credits must be considered a key pillar of climate action. It’s an argument that’s garnering support from the likes of Treasury Secretary Janet Yellen and former Bank of England Governor Mark Carney.“VCMs have the…
In 2021, the economic use value of water was estimated at $58 trillion, yet innovative water solutions face funding challenges, as investors often prioritize industries with quicker returns.Investing in water innovation offers long-term environmental and economic benefits, addressing climate challenges and fostering green economies.A recent paper published by UpLink, the early-stage innovation platform of the World Economic Forum, highlights opportunities for investing in water-focused start-ups.Water is indispensable to human life, underpinning public health, agriculture, and even energy production. In 2021, the economic use value of water was estimated at $58 trillion, equivalent to the combined GDP of China, Germany, India,…
More than half of investors say that they’ve made changes to their portfolios to make them less risky, according to an Allianz Life study.Yahoo Finance Senior Reporter Alexandra Canal joins Wealth! to break down the top reasons why investors are rethinking their investments.For more expert insight and the latest market action, click here to watch this full episode of Wealth!This post was written by Melanie Riehl Source link
ArcelorMittal (MT) has released an update. ArcelorMittal’s investor day showcased the significant progress and ambitious expansion plans of its joint venture AM/NS … Source link
Warren Buffett Bet $1M He Could Outperform Hedge Funds Over A Decade. He Did It With A Strategy Requiring No Investing SkillBack in 2007, Warren Buffett made a bold move. The legendary investor bet $1 million that a simple, no-frills S&P 500 index fund could beat a selection of hand-picked hedge funds over 10 years. Experts manage the hedge funds, and for that, they charge a layer of fees. Many see them as the pinnacle of sophisticated investing.Don’t Miss:However, Buffett believed that something as straightforward as an index fund, which simply tracks the performance of the top 500 companies in…
Image source: Getty Images It has been a mixed few years for housebuilder Persimmon (LSE: PSN). Revenues and profits last year were the lowest they have been for many years. The dividend per share was barely a quarter of what it had been a couple of years previously. Little surprise, then, that the Persimmon share price has tumbled 20% over the past five years. In fact, the decline was far worse than that until recently. But the share has been rallying handily and has leapt up 30% since the start of May. With the housebuilding sector sounding more positive than…
Editor’s Note: The following is an adapted excerpt from Stephen R. Foerster’s book Trailblazers, Heroes, and Crooks: Stories to Make You a Smarter Investor (Wiley 2024). Autopilots Gone Wrong Aeroflot 593 set off on March 22, 1994, for a 14-hour flight from Moscow to Hong Kong with 75 people on board. Thirty-nine minutes after its take-off, it reached its cruising altitude. The plane was flying on autopilot, and everything was going according to plan. The pilot in command (PIC), Viktorovich Danilov, was in the passenger cabin, resting. Back-up PIC, Yaroslav Vladimirovich Kudrinsky, was sitting in the left seat. Co-pilot Igor Vladimirovich…
By Rich McKay, Brendan O’Brien (Reuters) -Powerful storm Helene officially became a hurricane on Wednesday morning, the National Hurricane Center said, packing maximum sustained winds of 80 mph (130 kph) as it churned in the eastern Gulf of Mexico just off the coast of the Yucatan Peninsula. Helene was expected to continue intensifying throughout the day and into Thursday, when it will bring life-threatening storm surge to much of Florida’s coastline, according to forecasters. More than 40 million people in Florida, Georgia and Alabama were under hurricane and tropical storm warnings, the National Weather Service said on Wednesday. Numerous evacuations…