FuelCell Energy (NASDAQ: FCEL) soared over 30% on Dec. 18 after the Danbury-headquartered firm posted better-than-expected financials for its fourth quarter. In Q4, the company’s backlog also grew to $1.19…
Category:
Ideas
-
-
The venture capital arms of Nvidia and Google have backed Swedish startup Lovable in a $330 million Series B round that values the vibe coding platform at $6.6 billion. The…
-
TikTok’s Chinese owner, ByteDance, has signed binding agreements with three major investors to form a new joint venture that will operate TikTok’s US app, a move aimed at averting a…
-
President Donald Trump’s move to relax federal marijuana regulations has been welcomed by the US cannabis industry, but it has not changed the sector’s most persistent challenge. Access to mainstream…
-
European policymakers, global markets, and Washington delivered a flurry of closely watched developments on Friday that underscored shifting geopolitical and financial dynamics. From a major European Union funding commitment to…
-
Billionaire Gautam Adani’s conglomerate plans to invest more than $11 billion in its airports business by the end of the decade, as it looks to expand its footprint across India’s…
-
Japan’s Mitsubishi UFJ Financial Group (MUFG) will acquire a 20% stake in Shriram Finance Ltd for $4.4 billion, marking the largest cross-border investment ever in India’s financial sector, the Indian…
-
Italy’s competition authority has formally closed investigations into four major electric vehicle makers after securing commitments to improve how consumer information is presented. The probes targeted BYD, Tesla, Stellantis, and…
-
Sportswear giant Nike reported a sharp drop in second-quarter profit on Friday, overshadowing better-than-expected revenue and earnings and sending its shares down more than 10% in premarket trading, as investors…
-
The recent US seizure of a tanker off Venezuela’s coast will have a limited immediate effect on the Chinese market. A significant amount of Venezuelan oil was already headed to…