FILE PHOTO: TikTok app logo is seen in this illustration taken, August 22, 2022. Dado Ruvic | ReutersInvesting in equities can be a complex exercise, warranting specialized guidance. From where can one get that advice?Some attempt to do their own research, poring over reams of financial indicators to identify potential winners,...
Category: Investing
Tech companies want nuclear power. Some utilities are throwing up roadblocks
A cooling tower at the Constellation Nine Mile Point Nuclear Station in Scriba, New York, US, on Tuesday, May 9, 2023. Lauren Petracca | Bloomberg | Getty ImagesTech companies are increasingly looking to directly connect data centers to nuclear plants as they race to secure clean energy to power artificial intelligence,...
Robinhood says there will be no 24-hour trading on Monday due to issue at third-party venue
Spencer Platt | Getty ImagesBrokerage firm Robinhood announced on Monday evening that it would not offer overnight trading due to an issue with its execution venue.The company said in a post on social media site X that Blue Ocean ATS, the third-party firm that Robinhood works with for round-the-clock trading,...
SunPower files for bankruptcy, plans to sell off assets — stock drops more than 40%
Workers install solar panels during a SunPower installation on a home in Napa, California, on July 17, 2023.David Paul Morris | Bloomberg | Getty ImagesThe rooftop solar installer SunPower has filed for bankruptcy, after struggling for months in the face of high interest rates and allegations of misconduct in its...
Bill Ackman’s Pershing Square withdraws IPO as demand for offering waned
Bill Ackman, CEO of Pershing Square Capital Management, speaks during an interview for an episode of "The David Rubenstein Show: Peer-to-Peer Conversations" in New York on Nov. 28, 2023.Jeenah Moon | Bloomberg | Getty ImagesBill Ackman's Pershing Square USA withdrew plans for an initial public offering after investor demand appeared...