Tag Archives: Energy

 VettaFi Financial Futurist Dave Nadig appeared on Yahoo!Finance to discuss clean energy, meme stocks, and single stock ETFs. With clean energy getting attention following the passage of Biden’s historic climate bill, Nadig noted, “I think it’s fair to say this is good for the planet, but it’s not necessarily good for every part of your portfolio.” He urged investors to look at use cases, pointing… Source link

 VettaFi Financial Futurist Dave Nadig appeared on Yahoo!Finance to discuss clean energy, meme stocks, and single stock ETFs. With clean energy getting attention following the passage of Biden’s historic climate bill, Nadig noted, “I think it’s fair to say this is good for the planet, but it’s not necessarily good for every part of your portfolio.” He urged investors to look at use cases, pointing to… Source link

Clean energy related stocks have been the clear winners of the Inflation Reduction Act (IRA). Solar panel makers, fuel cell manufacturers and energy storage companies all stand to benefit from the measure. Solar and wind energy stocks have been rallying since the bill was announced in late July. A large number of these equities are up double digit percentages year-to-date. They have far outperformed the broader markets. The IRA focuses on providing production tax credits for companies to… Source link

(Bloomberg) — President Joe Biden and Senate Majority Leader Chuck Schumer are the biggest winners now that a huge piece of Democrats’ economic agenda is hurtling toward enactment. Most Read from Bloomberg The tax and energy bill passed Sunday after a year and half of rocky negotiations that divided the party. It gives Democrats tangible progress on key issues to show voters in the midterm elections this November. Biden’s popularity nose-dived a year ago in the wake of the haphazard… Source link

(Bloomberg) — Industrial production is one of the dirtiest corners of the corporate world. A startup from former Google engineers thinks it can clean it up with artificial intelligence. Phaidra, a company based in Seattle, sells AI software to automate building controls for power plants and other industrial giants. It’s relying on the same fix as their former company, DeepMind, Google’s research lab. For several years, DeepMind has let its AI… Source link

Enphase Energy, Inc. FREMONT, Calif., July 11, 2022 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, announced today that installers of Enphase® products in Rhode Island have seen growing deployments of Enphase Energy Systems powered by IQ® Microinverters and IQ™ Batteries as increasingly common hurricanes and extreme weather leave homeowners highly vulnerable to… Source link

Energy inputs are always going to be cyclical with the economy. This is the primary topic of this week’s “ETF Report” on Yahoo Finance. VettaFi’s financial futurist, Dave Nadig, was on hand to discuss how the energy sector has shifted, considering where things are in the market. As Nadig states, “When people think the economy is doing well, oil tends to run up. On the contrary, when people think we’re heading for a recession, oil tends to come down. However, digging under… Source link

Energy prices saw the biggest one year jump since 2005 last month amid a hotter than expected inflation print. The energy index rose 3.9% last month according to the Bureau of Labor Statistics’ Consumer Price Index (CPI) published Friday after a 2.7% decline in April. Gasoline, fuel oil and natural gas prices all increased in May. Gasoline prices rose 4.1% month-over-month, fuel oil spiked 16.9% from the prior month, and natural gas also rose 8% during the same span. The energy index rose 34.6%… Source link

Jim Cramer says oil is the ‘only dip that can be bought right now’ — here are 3 blue-chip energy stocks that also provide healthy yields as high as 7.8% With the market down double-digits in 2022, a lot of stocks seem to be on sale. But not all of the beaten-down names are worth buying at the moment, according to CNBC’s Jim Cramer. “I want to be kind to this market and tell you it’s the same old buy the dips game plan. But in reality, the only dip that can be bought right now, at… Source link

Finnish electricity companies are refusing to sign electricity contracts with Russian search engine Yandex, which has a data centre near Helsinki, due to suspicions it may be distributing war propaganda. The data centre, which has been operational since 2015, is located in the town of Mäntsälä, some 50 kilometres north of Helsinki. It is the only one located in the west, as the others are situated in Russia.  Since 2015, its waste heat contributed to around 75% of the… Source link