Latest in Energy Estimates 2.9
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Geopolitical tensions and energy independence: Is NANO Nuclear the answer?
CONTRIBUTOR CONTENT: In the debate over energy, the effect on climate is certainly important, but so is the impact of geopolitical tensions on energy availability. Some experts believe nuclear ...Tech - VentureBeat - 3 days ago -
Bank of America tops estimates on better-than-expected trading revenue
Bank of America benefited from its Wall Street trading and banking divisions in the third quarter, just as rival JPMorgan Chase did.Business - CNBC - October 15 -
Walgreens says it will close 1,200 stores by 2027, as earnings top estimates
The drugstore chain Walgreens said it plans to close roughly 1,200 stores over the next three years, which includes 500 closures in fiscal 2025 alone.Business - CNBC - October 15 -
Citi and BofA join other big US banks in beating gloomy forecasts
Stronger than expected earnings add to hopes of a ‘soft landing’ for economyBusiness - Financial Times - October 15 -
Procter & Gamble earnings beat estimates, but weak demand in China hurts sales
Procter & Gamble said volume fell in its Greater China market despite the earnings beat.Business - CNBC - October 18 -
Coca-Cola tops earnings estimates, as higher prices offset sluggish demand
Shares of Coke have climbed 18% this year, raising the company's market value to nearly $300 billion.Business - CNBC - October 23 -
Hyundai Motor Net Profit Fell in Third Quarter, Missing Estimates
The South Korean carmaker said wholesale car sales fell 3.2% globally as vehicle demand remained sluggish in most major markets, while North America remained a bright spot.Business - The Wall Street Journal - October 24 -
Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter
Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.Business - CNBC - October 24 -
Hurricane Helene's damage in North Carolina estimated at record $53 billion
The catastrophic flooding and destruction caused by Hurricane Helene in western North Carolina likely caused at least a record $53 billion in damages and recovery needs, state officials say.Top stories - CBS News - October 24 -
Hoka shoes are so popular, their maker just crushed quarterly estimates
Deckers Outdoor also guided for a 12% sales increase for fiscal 2025.Business - MarketWatch - October 25 -
AutoNation’s stock falls after earnings fall short of estimates
The new- and used-car retailer is still feeling the impact of a recent dealership-software outage.Business - MarketWatch - October 25 -
Chipotle misses revenue estimates as same-store sales growth disappoints
Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.Business - CNBC - October 30 -
Biogen’s stock hit by soft sales of Alzheimer’s treatment
“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.Business - MarketWatch - October 30 -
Coinbase’s stock falls nearly 5% as earnings fall short of estimates
Coinbase Global Inc.’s stock fell in after-hours trading Wednesday, after the cryptocurrency exchange’s third-quarter profit and revenue fell short of estimates.Business - MarketWatch - October 31 -
Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance
Merck’s stock fell Thursday morning, despite the company beating profit and sales estimates for the third quarter.Business - MarketWatch - October 31 -
Bristol Myers’s stock pops as earnings top estimates and company raises guidance
The company says it “made important strides in the third quarter.”Business - MarketWatch - October 31 -
Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimatesTech - ABC News - October 31 -
Avis’s stock slides after third-quarter earnings fall short of estimates
Avis Budget Group’s stock was falling in after-hours trade Thursday, after the car-rental company’s third-quarter earnings fell short of estimates.Business - MarketWatch - October 31 -
Exxon beats earnings estimates, increases fourth-quarter dividend
Exxon's stock rose in early trading after beating earnings expectations.Business - CNBC - 6 days ago -
Ralph Lauren’s stock jumps 6% after earnings blow past estimates
Global direct-to-consumer same-store sales rose 10%, driven by positive numbers across all regions.Business - MarketWatch - 7 hours ago -
Planet Fitness’s stock rallies as it beats profit and revenue estimates
Gym chain boosts its outlook for 2024 revenue growth.Business - MarketWatch - 10 hours ago -
WK Kellogg’s stock soars as strength in granola and premium cereals boosts sales
WK Kellogg Co.’s stock was enjoying a record rally on Thursday, after the cereal company beat third-quarter earnings expectations as strength in premium granola sales helped mitigate ...Business - MarketWatch - 6 hours ago -
Once Incarcerated, Now This Man Connects Students to Clean Energy Careers
Clean energy careers are on the rise, and one expert is showing students the way to find them,Business - Inc. - October 13 -
Biggest US public pension fund Calpers invests in UK’s Octopus Energy
California retirement fund among investors drawn to power company for its software and green focusBusiness - Financial Times - October 14 -
EU ministers nod to support for nuclear energy ahead of UN climate summit
Bloc officials overcome deep divisions on atomic power but finance goal commitment remains unresolvedBusiness - Financial Times - October 15 -
Political Infighting Hampers Ukraine’s Efforts to Avert Energy Crisis
Top energy officials have fallen and key energy policy decisions have been delayed because of political calculations, lawmakers and experts say, costing Ukraine valuable time in preparing for winter.World - The New York Times - October 15 -
EU and British energy groups call for rewrite of post-Brexit trading arrangements
Open letter criticises ‘suboptimal’ mechanism under Trade and Cooperation Agreement amid push for more renewablesWorld - Financial Times - October 15 -
How China’s Iran support could spark a Persian Gulf energy war
Washington has to be concerned that Beijing sees an opportunity to deny or at least restrict Middle East energy to others.Politics - The Hill - October 15 -
Global electricity demand to double by 2050, IEA’s World Energy Outlook says
Electricity demand is set to increase at levels equivalent to adding a new Japan to the world each year, the International Energy Agency saidBusiness - MarketWatch - October 16 -
Amazon buys stake in nuclear energy developer in push to power data centres
Citadel’s Ken Griffin takes part in X-energy’s $500mn fundraising alongside ecommerce groupBusiness - Financial Times - October 16 -
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Big Tech turns to nuclear energy to power AI boom
Major technology companies are increasingly turning to nuclear energy as they attempt to keep up with the vast energy demands of artificial intelligence (AI) without derailing their highly ...Politics - The Hill - October 16 -
Amazon doubles down on nuclear energy with deal for small reactors
Put Amazon on the list of big technology firms embracing new nuclear technologies to fuel their data centers. Amazon said Wednesday it’s investing in projects to develop small modular nuclear ...Sports - Yahoo Sports - October 16 -
We aren’t ready for AI: The energy debate we need to have
We can’t avoid climate and electric bill impacts from data centers in a system dominated by utility and Big Tech monopolies. But we can put Big Tech’s data centers to good use.Politics - The Hill - October 17 -
Billie Eilish review – a bravura arena set offers both energy and intimacy
Madison Square Garden, New York . The singer continues a wildly successful year with a major tour that gives fans a fast and furious ride through her biggest hits. How can an artist who’s reached ...World - The Guardian - October 17 -
Starmer ‘interrogates’ Miliband on green energy in mission ‘stock take’
Prime minister to review progress on key UK priorities in coming weeksWorld - Financial Times - October 18