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08

Philippines overtakes China and Indonesia to be most dependent on coal-generated power

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The Philippines' dependency on coal-fired power overtook China, Indonesia and Poland in 2023, according to Ember.

Tuesday, Jul 2

22

U.S. crude oil pulls back from two-month high as traders assess Israel-Hezbollah, Hurricane Beryl risks

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Gasoline prices have hit an average of $3.50 per gallon ahead of the Fourth of July holiday.

Monday, Jul 1

21

U.S. crude oil rises more than 2%, tops $83 per barrel ahead of Fourth of July holiday

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Though oil prices have risen, the average price of a gallon of gasoline stands at $3.49 nationwide, down about 5 cents from last month.

11

Collapsed bitcoin exchange Mt. Gox is about to unload $9 billion of coins onto the market. Here's what it means

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Bitcoin investors are spooked by anticipation of an imminent Mt. Gox payout to victims of a 2014 hack on the exchange that led to its collapse.

Sunday, Jun 30

13

Failure to meet surging data center energy demand will jeopardize economic growth, utility execs warn

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The U.S. is facing a surge in electricity demand equivalent to the consumption of entire nations.

Saturday, Jun 29

18

Growth, value stocks could see boost from Russell rebalancing

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This key market event could help boost growth and value stocks. Here’s why.

15

Bitcoin windfall coming for Mt. Gox creditors after decade-long wait and 10,000% price spike

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Defunct bitcoin exchange Mt. Gox, a decade after bankruptcy, will soon begin paying back users roughly $9 billion worth of crypto.

Friday, Jun 28

22

U.S. crude oil posts third straight weekly gain as fears grow of Israel-Hezbollah war

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The Pentagon has moved military assets closer to Lebanon in preparation for the evacuation of Americans, defense officials told NBC News.

20

Crypto company Consensys sued by SEC as regulator continues industrywide crackdown

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The SEC on Friday filed sued against blockchain software company Consensys, alleging the improper sale of securities.

Thursday, Jun 27

23

U.S. needs major nuclear power expansion to meet rising electricity demand, Southern Company CEO says

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The U.S. needs to install more than 10 gigawatts of new nuclear power, said Chris Womack.

20

We are starting a position in a market-leading renewable energy company

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We are interested in renewables and the solar stocks because energy needs are increasing around the world.

18

Oil prices gain 1% as Israel-Lebanon tensions overshadow soft U.S. demand

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There are renewed fears that an Israel offensive into Lebanon to push back Hezbollah from the border could spark a direct confrontation with OPEC member Iran.

10

Europe wants to send data centers into space — study says it's possible

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Europe is exploring the possibility of launching data centers, which consume vast amounts of electricity, into space.

08

Crypto catches M&A frenzy as bitcoin miners chase AI boom

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Crypto companies are at the center of a wave of deal-making as bitcoin miners look for ways to use their massive data centers to jump into the world of AI.

Wednesday, Jun 26

22

Oil prices move higher despite unexpected build in U.S. crude, gasoline stockpiles

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Crude oil stockpiles rose by 3.6 million barrels last week, according to data released by the Energy Information Administration.

Monday, Jun 24

21

The stock market flips and tech falls out of favor — why this move may be hard to stop

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Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Friday, Jun 21

22

U.S. crude oil books second weekly gain as gasoline demand surges

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Gasoline demand last week surged to the highest level for that period since the pandemic ended, according to JPMorgan.

21

Amazon and Starbucks look to stay competitive with different approaches to pricing

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Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

17

Extreme heat is turning electricity cutoffs into new political battle for power companies

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As heat waves blanket U.S., utility company power cutoffs that place lives at risk are facing political scrutiny as a climate change issue.

Thursday, Jun 20

16

More states expected to roll out Inflation Reduction Act energy-efficiency rebates this summer

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New York was the first state to launch a consumer rebate program created by the Inflation Reduction Act.

Wednesday, Jun 19

15

Solar is growing faster than any electricity source as Big Tech seeks clean energy for data centers

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Solar power is already rapidly growing in the U.S. and is forecast to far outpace natural gas in terms of new power plant additions this year.

Tuesday, Jun 18

23

Hot utility stock NextEra falls more than 2% after announcing plan to sell $2 billion in equity units

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NextEra Energy will sell $2 billion in equity units, priced at $50 apiece. These equity units serve as a contract to purchase shares no later than June 1, 2027.

02

Judge tosses Exxon Mobil lawsuit against activist shareholder Arjuna over climate proposal

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A federal judge in Texas dismissed Exxon Mobil's controversial lawsuit against Arjuna Capital over a climate proposal.

Sunday, Jun 16

18

From $40 billion fraud to $4.5 billion settlement: Inside the latest crypto firm paying big bucks to end legal trouble

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Do Kwon's Terraform Labs the latest crypto villain to settle with the U.S.

Used EV price crash keeps getting deeper with 'premium' brand idea history

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The gap between used EV prices and traditional used car prices has widened to thousands of dollars.

Friday, Jun 14

22

U.S. crude oil snaps three-week losing streak as forecasts point to tighter market

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Oil prices are gaining on expectations that summer fuel demand will draw down inventories.

Thursday, Jun 13

20

OPEC calls for more fossil fuel investment to prevent shortfall, dismisses peak oil demand prediction

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Oil demand will grow by 25 million barrels per day in the developing world through 2045, according to OPEC's chief.

17

Bitcoin miners at Donald Trump's closed-door event say he thinks bitcoin can help win AI arms race

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Donald Trump says he wants all future bitcoin to be minted in the U.S.

Wednesday, Jun 12

21

Oil prices rise as supply-demand balance expected to tighten in third quarter

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The Department of Energy sees an oil supply deficit this year.

11

Big Oil warned by IEA that peak crude and a major supply surplus are on the horizon

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The IEA on Wednesday said a U.S.-led surge in global oil production is expected to outstrip demand growth between now and the end of the decade.