Enphase’s stock was soaring Wednesday after the company’s upbeat earnings report and a view that residential solar demand has bottomed as consumers look for relief from higher electricity costs.
Enphase’s stock was soaring Wednesday after the company’s upbeat earnings report and a view that residential solar demand has bottomed as consumers look for relief from higher electricity costs.
The US stock market is still trading near all-time highs. That’s masking how much the boom in stocks related to artificial intelligence has stalled. Beneath the surface, there are warning signs that this investment cycle is now much closer to its end . AI has moved beyond megacap tech, while reliance in private investment is also growing. This shift was supposed to broaden the rally and shelter th...
The US stock market is still trading near all-time highs. That’s masking how much the boom in stocks related to artificial intelligence has stalled. Beneath the surface, there are warning signs that this investment cycle is now much closer to its end . AI has moved beyond megacap tech, while reliance in private investment is also growing. This shift was supposed to broaden the rally and shelter the stock market. But AI stocks have performed poorly recently. Pension funds, worried about illiquidity in private investments, could start to pull back . AI spending appears to be slowing down, in part due to a consolidation of computing demand by hyperscalers that’s not being replaced elsewhere. Passive investing could amplify negative momentum that’s already building around Nvidia and other AI icons. Several months of lackluster performance Over the past six months, most of the big publicly-traded AI stocks have been lagging. Amazon.com Inc., and even more so Apple Inc. and Alphabet Inc., have done well. But their gains are masking the underperformance in the rest of the tech complex. AI-related stocks are down. Nvidia Corp., which has led the AI boom, is flat over the past six months whereas shares of Microsoft Corp., Meta Platforms Inc. and Oracle Corp. are in decline. Oracle is particularly notable because of the leverage on their balance sheet. That company is the poster child of the shift from mostly equity-funded AI spending to debt. Yet, stock investors haven’t rewarded it, its shares have fared the worse. While everyone is watching stocks, the real bubble is building in AI debt . If you look at what people are paying to protect against a potential default by Oracle versus what they’re paying for investment grade bonds in general, Oracle’s debt is trading like junk bonds . Earlier this week the company announced that it was raising about $25 billion of equity in addition to debt this year. That helped to assuage some fears around its $25 billion debt offering but O...
Earnings Call Insights: Fox Corporation (FOXA) Q2 2026 Management View CEO Lachlan Murdoch highlighted continued operating and financial momentum, attributing the performance to "a highly differentiated strategy and high-quality execution that reflect the power of our leadership brands across News, Sports, Streaming and Entertainment." Murdoch stated that "we still adroitly grew total company adve...
Earnings Call Insights: Fox Corporation (FOXA) Q2 2026 Management View CEO Lachlan Murdoch highlighted continued operating and financial momentum, attributing the performance to "a highly differentiated strategy and high-quality execution that reflect the power of our leadership brands across News, Sports, Streaming and Entertainment." Murdoch stated that "we still adroitly grew total company advertising revenue" and described the advertising market as the "most robust" seen in some time, which "remained true during the second quarter." Murdoch emphasized record-breaking ad revenue in Sports, including the Major League Baseball Postseason, NFL, and College Football. "We achieved record-breaking ad revenue for the Major League Baseball Postseason, capped off by a 7-game World Series, while we also generated records for both the National Football League and College Football Regular Season." FOX One's early results exceeded expectations, with Murdoch noting, "we have not observed any noticeable cannibalization of traditional subscribers, a result of our targeted marketing to cord cutters and cord nevers." He added, "News accounts for approximately 1/3 of total minutes viewed on FOX One." Murdoch called out FOX News Media's sustained leadership, stating, "FOX News again finished the quarter as the most watched cable network in total day while maintaining its lead as the most watched cable news network and producing the top 11 cable news programs." Tubi delivered its most streamed quarter ever, with Murdoch reporting total view time up 27% year-over-year and record quarterly revenue growth of 19%. "Tubi achieving EBITDA profitability for the second quarter in a row." CFO Steven Tomsic reported, "FOX delivered yet another strong quarter with our fiscal second quarter total revenues reaching $5.18 billion, a 2% increase from the prior year quarter." Tomsic noted, "Quarterly adjusted EBITDA was $692 million as compared to the $781 million reported in the prior year quarter ...
Leestat/iStock via Getty Images By James Smith , Developed Markets Economist, UK How is it possible that UK inflation - currently the highest in the G7 at 3.4% - can be below the 2% target as soon as April? For one thing, it would be a significant undershoot of the Bank of England’s November forecasts, which had headline inflation averaging 2.9% through the second quarter. Yet below target is exac...
Leestat/iStock via Getty Images By James Smith , Developed Markets Economist, UK How is it possible that UK inflation - currently the highest in the G7 at 3.4% - can be below the 2% target as soon as April? For one thing, it would be a significant undershoot of the Bank of England’s November forecasts, which had headline inflation averaging 2.9% through the second quarter. Yet below target is exactly where we think we’re heading – even if only momentarily. We forecast inflation will drop to 1.8% in April before hovering at the 2% target through the spring and summer. What’s more, we think roughly 0.8 percentage points of the decline from December’s reading is virtually locked in - an artefact of regulated price changes and tax changes. If we’re right, it’s another reason to think the Bank has more work to do on rate cuts. Remember, the Bank's hawks have been particularly sensitive to elevated rates of headline inflation and the risk that this could morph into a more persistent episode of price pressure. We expect cuts in March and June. The chart below shows how there’s a range of drivers - from water and energy bills to school fees - set to pull inflation down over the next few months. How inflation is set to fall between now and April Source: Macrobond, ING How it breaks down Food inflation : Rebounded to 4.5% in December, the highest in Western Europe and above key Central and Eastern European economies - often a lead indicator for the UK. There’s no obvious reason for the UK to remain an outlier and with key food inputs falling in price globally, we expect supermarket inflation to drop to around 4% by April - and it could ease further than that. Energy bills: Spot natural gas prices have jumped on colder weather and low European storage levels. But UK bills - set by the regulator - are more contingent on prices for gas delivery further down the line. These have risen less dramatically and energy companies are still forecasting bills to fall 6% in April, shaving ...
LGBT Activist Judge Faces Felony Charges For Wrongfully Detaining A Defense Attorney A Texas LGBT judge with a history of clashing with authorities over her activism has been arrested and charged after she allegedly handcuffed and held a defense attorney captive in her jury box for the crime of arguing for the right to confer with her client during a probation hearing. Bexar County Judge Rosie Spe...
LGBT Activist Judge Faces Felony Charges For Wrongfully Detaining A Defense Attorney A Texas LGBT judge with a history of clashing with authorities over her activism has been arrested and charged after she allegedly handcuffed and held a defense attorney captive in her jury box for the crime of arguing for the right to confer with her client during a probation hearing. Bexar County Judge Rosie Speedlin Gonzalez was indicted last week on a felony charge of unlawful restraint by a judicial officer and misdemeanor official oppression. The controversial judge was arrested for the 2024 incident, during which she and defense attorney Elizabeth Russell clashed in the courtroom. Gonzalez has had run-ins with the law before. In 2022 she was was fined for bringing a loaded rainbow-painted gun through San Antonio International airport in her carry-on luggage. In 2019 shortly after she took the bench as the "first openly gay judge in Bexar County", Gonzalez was sanctioned for pasting her courtroom, office and robes with gay pride flags in violation of the Texas Code of Judicial Conduct. In 2023 the sanctions were lifted by a three judge panel. Former staff members of the court report that the LGBT judge created a "hostile work environment". Multiple former workers/partners with the Reflejo Court program accused Gonzales of increasingly erratic and aggressive behavior, primarily toward defendants/litigants in the courtroom. Others accused her of being "unstable" and prone to violent outbursts. The judge is, however, considered a favorite of local prosecutors. The incident and arrest once again bring into question the mental and emotional stability of woke activists in positions of legal and political authority. Recent peer-reviewed studies indicate a link between leftist extremism and narcissism/psychopathy. Researchers suggest that individuals with dark personalities - such as high narcissistic and psychopathic traits - are attracted to certain forms of political and social act...
Key Points Eli Lilly has leading products in the GLP-1 space, with plans to bring pill versions of its weight loss shots to market. Pfizer is playing catch-up in the GLP-1 space, but it has a long history of innovation. 10 stocks we like better than Pfizer › Eli Lilly's (NYSE: LLY) share price jumped 39% in 2025, driven by investors eager to benefit from the success of the company's GLP-1 drugs, M...
Key Points Eli Lilly has leading products in the GLP-1 space, with plans to bring pill versions of its weight loss shots to market. Pfizer is playing catch-up in the GLP-1 space, but it has a long history of innovation. 10 stocks we like better than Pfizer › Eli Lilly's (NYSE: LLY) share price jumped 39% in 2025, driven by investors eager to benefit from the success of the company's GLP-1 drugs, Mounjaro (for diabetes) and Zepbound (for weight loss). That said, the company's position at the top of the GLP-1 heap isn't guaranteed, with Novo Nordisk (NYSE: NVO) beating Eli Lilly to market with a GLP-1 pill. If you are looking at Eli Lilly, you might want to consider a pharmaceutical stock like Pfizer (NYSE: PFE), which is relatively unloved right now, instead. Here's why. Eli Lilly won't always be on top The pharmaceutical sector is highly competitive and driven by innovation. GLP-1 weight loss drugs are a perfect example. Novo Nordisk was first to market with a GLP-1 shot. Eli Lilly's GLP-1 shots were better received by the market and quickly became the leading options. In early 2026, however, Novo Nordisk was first to market with a GLP-1 pill, which could give it a chance to win back market share. Eli Lilly plans to bring out its own pill, so Novo Nordisk's advantage could be short-lived. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » That said, after a strong price advance driven by the excitement around GLP-1 drugs, Eli Lilly's valuation seems stretched. The stock's price-to-earnings ratio is a lofty 50. For comparison, the S&P 500 index, which is trading near all-time highs, has a P/E of 28. If valuation matters to you, you'll probably be better off with a competitor like Pfizer, which is relatively unloved. Pfizer is playing catch-up Pfizer's internally developed GLP-1 drug didn't pan out and had to be abandoned. That's bad and helps explain...
Justin Sullivan/Getty Images News AT&T ( T ) and Amazon ( AMZN ) have joined hands for a significant partnership under which the telecom will avail satellite internet services from Amazon Leo to offer connectivity to customers in dead zones across the U.S. and, additionally, connect data centers owned by Amazon Web Services with high-capacity fiber, according to a joint statement on Wednesday. The...
Justin Sullivan/Getty Images News AT&T ( T ) and Amazon ( AMZN ) have joined hands for a significant partnership under which the telecom will avail satellite internet services from Amazon Leo to offer connectivity to customers in dead zones across the U.S. and, additionally, connect data centers owned by Amazon Web Services with high-capacity fiber, according to a joint statement on Wednesday. The news has sent shares of rival satellite internet providers Globalstar ( GSAT ) and AST SpaceMobile ( ASTS ) crashing down nearly 8% and 12%, respectively. Formerly known as "Project Kuiper," Amazon Leo was set up in 2019 to deploy a large satellite internet constellation in lower Earth orbit and offer low-latency broadband connectivity. "Amazon Leo will provide internet connectivity services to AT&T, enabling AT&T to broaden its connectivity capabilities and deliver fixed broadband services to business customers in areas where such services are needed," according to a joint statement. AT&T said it will migrate workloads from several of its current on-premises technologies to AWS’s on-premises as part of its efforts to bolster its network and achieve operational efficiency. "By pairing our expanding fiber infrastructure with AWS’s cloud capabilities and through our collaboration to deliver the infrastructure of the future by connecting data centers, we’re creating a more resilient, scalable, and intelligent connectivity ecosystem," said Shawn Hakl, senior vice president, product, AT&T Business. The financial details of the partnership were not disclosed. AWS and AT&T are expected to share more details about their partnership and demonstrate their joint capabilities at Mobile World Congress 2026. More on AT&T, Amazon Alphabet And Amazon Earnings Previews: What's Happening To Margins? Amazon Q4 Preview: Asymmetric Downside If AWS Prints Below $34.9B In Revenue Amazon: Why Falling Margins Are The Signal Amazon enters discussions with OpenAI for possible customized models: repo...
peshkov/iStock via Getty Images Bitcoin ( BTC-USD ) reversed its course and turned red on Wednesday as the selloff looked to continue and deepen. The world's largest cryptocurrency was down 2.6% to $73,757.79 at the time of writing. Bitcoin slid on Tuesday to its lowest level ($72,877) since U.S. President Donald Trump’s re-election in early November 2024, a period that initially fueled optimism a...
peshkov/iStock via Getty Images Bitcoin ( BTC-USD ) reversed its course and turned red on Wednesday as the selloff looked to continue and deepen. The world's largest cryptocurrency was down 2.6% to $73,757.79 at the time of writing. Bitcoin slid on Tuesday to its lowest level ($72,877) since U.S. President Donald Trump’s re-election in early November 2024, a period that initially fueled optimism around a more crypto-friendly administration. The cryptocurrency had been in the green on Monday but had seen four consecutive red days before that. The decline follows a volatile week across global markets that also saw sharp swings in gold and silver. Total crypto market capitalization has fallen by about $467.6B since Jan. 29 as a selloff led by Bitcoin ( BTC-USD ) gathered pace. Despite a crypto-friendly White House and rising institutional adoption, Bitcoin has fallen about 40% since surging to a record high in early October. Notable bitcoin-linked ETFs include the iShares Bitcoin Trust ( IBIT ), ARK 21Shares Bitcoin ETF ( ARKB ), Grayscale Bitcoin Trust ( GBTC ), CoinShares Bitcoin ETF ( BRRR ), Invesco Galaxy Bitcoin ETF ( BTCO ), VanEck Bitcoin Trust ( HODL ), WisdomTree Bitcoin Fund ( BTCW ), Fidelity Wise Origin Bitcoin ETF ( FBTC ), Bitwise Bitcoin ETF ( BITB ), and Franklin Bitcoin ETF ( EZBC ). More on Bitcoin Risk-Off Flows And A Tech/AI Panic - Market Reactions Bitcoin Breaks $80,000; Altcoins Suffer - BTC, ETH And SOL Outlook How U.S. Trade Policy Could Delay Bitcoin's Reversal Bitcoin holds steady after huge selloff Michael Burry warns Bitcoin selloff could trigger a “death spiral” - report
Wirestock/iStock via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist Municipal bonds can be some of the safest fixed-income investment securities there are, aside from U.S. Treasury offerings. They come with relatively lower yields for this reason, which helps keep borrowing costs low for states and other government issuers. However, this is then compensated by being Federal...
Wirestock/iStock via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist Municipal bonds can be some of the safest fixed-income investment securities there are, aside from U.S. Treasury offerings. They come with relatively lower yields for this reason, which helps keep borrowing costs low for states and other government issuers. However, this is then compensated by being Federally tax-free and usually free of state taxes as well, as long as the investor lives in that state. That creates a tax-equivalent yield that can be compared against taxable fixed-income instruments, which can often be competitive for being safer. With that said, we are looking at closed-end funds that are focused on municipal bonds. There are some that are state-specific focused, but it also includes national muni funds. Those are CEFs that invest in any state, though they are often from the states that are the largest issuers—California, Texas, New York, Illinois, and Florida—the U.S. states with the highest populations and gross domestic product, and therefore, translating into the highest debt needs. With the CEF wrapper, there can come some positives but also negatives, with greater complexity being a potential negative. This is because they often introduce leverage, which can amplify upside moves but also bring the risks of greater downside moves and overall volatility. We'll be looking at screening for both leveraged and also non/low-leveraged funds for investors that don't want to take the added risk. Generally, given the relative safety of muni bonds, introducing leverage isn't necessarily a terrible idea, but the costs of the leverage have become an issue. As the Fed has been easing its benchmark rate, this becomes less of a headwind as borrowing costs have been coming back down. This still impacts distribution coverage, however. For most muni CEFs I've covered, the costs of borrowing are greater than the actual underlying yield, or it is barely positive, but then yo...
Bill Gates has said he “regrets” ever knowing Jeffrey Epstein, as his former wife Melinda French Gates alluded to “muck” in their marriage, and insisted the Microsoft founder has questions to answer over his relationship with the deceased child sex offender. Allegations that Gates hid a sexually transmitted disease from his wife after contact with “Russian girls” surfaced in the latest release of ...
Bill Gates has said he “regrets” ever knowing Jeffrey Epstein, as his former wife Melinda French Gates alluded to “muck” in their marriage, and insisted the Microsoft founder has questions to answer over his relationship with the deceased child sex offender. Allegations that Gates hid a sexually transmitted disease from his wife after contact with “Russian girls” surfaced in the latest release of the Epstein files, which have provided remarkable insight into the disgraced financier’s multiple celebrity connections and activities. His office immediately issued a statement denouncing the “absolutely absurd and completely false” assertion, but until now Gates, 70, has remained silent. He finally spoke Wednesday on the Australian television channel 9News to deny the claim as “false”, and suggested that Epstein was trying to extort or defame him by writing an email in 2013 that further alleged he subsequently tried to give antibiotics to Melinda surreptitiously in case she also became infected. “Apparently, Jeffrey wrote an email to himself. That email was never sent. The email is false,” Gates said. “I don’t know what his thinking was there. Was he trying to attack me in some way? Every minute I spent with him, I regret, and I apologize that I did that.” His interview followed comments made by his ex-wife to NPR on Tuesday, in which she made clear her disapproval of his friendship with Epstein. “For me, it’s personally hard whenever those details come up, right? Because it brings back memories of some very, very painful times in my marriage,” French Gates told the radio network’s Wild Card podcast. “Whatever questions remain there of what - I can’t even begin to know all of it - those questions are for those people and for even my ex-husband. They need to answer to those things, not me.” The public airing of some of the lowest points in the Gates’s’ 27-year marriage, which ended in a 2021 divorce, epitomizes the fallout still being felt from the Epstein scandal, more t...
US Representative Gregory Meeks, a New York Democrat, yells at Treasury Secretary Scott Bessent during his testimony before the House Financial Services Committee, telling Bessent to "stop covering" for President Donald Trump. (Source: Bloomberg)
US Representative Gregory Meeks, a New York Democrat, yells at Treasury Secretary Scott Bessent during his testimony before the House Financial Services Committee, telling Bessent to "stop covering" for President Donald Trump. (Source: Bloomberg)
Peter Mandelson faces a criminal investigation over allegations he leaked Downing Street emails and market-sensitive information to the child sex offender Jeffrey Epstein in 2009. The Metropolitan police are investigating Mandelson, who was then business secretary, on suspicion of misconduct in public office, an offence that carries a maximum sentence of life imprisonment. Police are also reviewin...
Peter Mandelson faces a criminal investigation over allegations he leaked Downing Street emails and market-sensitive information to the child sex offender Jeffrey Epstein in 2009. The Metropolitan police are investigating Mandelson, who was then business secretary, on suspicion of misconduct in public office, an offence that carries a maximum sentence of life imprisonment. Police are also reviewing fresh allegations about the former prince Andrew Mountbatten-Windsor. Lucy Hough speaks to the head of national news, Archie Bland. Continue reading...
The Nasdaq Composite and S&P 500 were down, while the Dow Jones was up in late-morning trading Wedne Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
The Nasdaq Composite and S&P 500 were down, while the Dow Jones was up in late-morning trading Wedne Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
You might think you're taking a risk, but the risk of avoiding stocks is even greater. I was talking to a friend recently who admitted that she has most of her retirement savings in bonds and cash. If she were in her 60s on the cusp of leaving the workforce, I'd say that's not an unreasonable allocation. But since she happens to be 42, I felt compelled to explain that her investment strategy was l...
You might think you're taking a risk, but the risk of avoiding stocks is even greater. I was talking to a friend recently who admitted that she has most of her retirement savings in bonds and cash. If she were in her 60s on the cusp of leaving the workforce, I'd say that's not an unreasonable allocation. But since she happens to be 42, I felt compelled to explain that her investment strategy was likely to leave her with a big savings shortfall. Of course, the reason she invests the way she does is simple. She's afraid of the stock market. And she's not alone. But if you feel similarly, and you're letting nerves get in the way of meeting your retirement savings goals, you may be doing yourself a huge disservice. The hidden risk you may not realize you're taking Many people shy away from the stock market because it's risky. Want to know what else is risky? Investing too conservatively during your wealth-building years. Imagine you're able to contribute $300 a month to an IRA or 401(k) plan over a 35-year period. If you invest conservatively like my friend, you may be looking at a 4% yearly return -- and during some economic cycles, that 4% may even be generous. With that return, you're looking at a retirement account balance of about $265,000. With a stock-heavy portfolio, you might easily score an 8% yearly return in your portfolio, and that's actually a touch below the market's average. Assuming that same $300 monthly contribution and 35-year savings window, you're looking at $620,000 instead . If you don't want to do the math in your head, that's a difference of $355,000 in savings. And that's money you might sorely miss in retirement. There are ways to mitigate the risks of owning stocks If you're feeling skittish about investing in the stock market, there are steps you can take to reduce your risk. For one thing, make a plan to scale back on stocks in the years leading up to retirement to limit your exposure to the market when you might soon be dipping into your ...
(RTTNews) - Wednesday, The D. E. Shaw group, a global investment and technology development firm, sent an open letter and presentation to the Board of Directors of CoStar Group, Inc. (CSGP) regarding the Board's refusal to address the company's reckless spending of shareholder capital and significant and longstanding underperformance. The firm called for an urgent need to focus on CoStar's core bu...
(RTTNews) - Wednesday, The D. E. Shaw group, a global investment and technology development firm, sent an open letter and presentation to the Board of Directors of CoStar Group, Inc. (CSGP) regarding the Board's refusal to address the company's reckless spending of shareholder capital and significant and longstanding underperformance. The firm called for an urgent need to focus on CoStar's core businesses would help to accelerate organic growth, drive overall margin expansion, restore investor confidence, and enable the company to reclaim its historical valuation premium. Moreover, it demanded for substantial change to capital allocation, executive leadership, and Board composition to address the root cause of CoStar's persistent underperformance and restore investor confidence. Currently, CSGP is trading at $51.92, up 0.54 percent on the Nasdaq. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Enphase Energy stock may have bottomed -- for now. Shares of solar energy technology company Enphase Energy (ENPH +36.19%) are soaring today. Enphase stock had been on a gradual, but steady descent over the past three years, dropping 77% in that time. But an encouraging earnings report and strong guidance have investors seemingly calling a bottom in the stock. Shares rocketed as much as 42% this m...
Enphase Energy stock may have bottomed -- for now. Shares of solar energy technology company Enphase Energy (ENPH +36.19%) are soaring today. Enphase stock had been on a gradual, but steady descent over the past three years, dropping 77% in that time. But an encouraging earnings report and strong guidance have investors seemingly calling a bottom in the stock. Shares rocketed as much as 42% this morning, and remained up by 37% as of 11:30 a.m. ET. Solar headwinds remain Enphase said demand for its products was at its "highest level in more than two years." The company also guided investors to expect revenue of between $270 million and $300 million in the current quarter. Wall Street analysts were predicting sales below the low end of that forecast. That helps explain today's market reaction. Yet headwinds remain for the company. Management admitted that the strong demand seen in the fourth quarter was mainly driven by consumers increasing solar system installations ahead of the expiration of a tax credit. Expand NASDAQ : ENPH Enphase Energy Today's Change ( 36.19 %) $ 13.49 Current Price $ 50.77 Key Data Points Market Cap $4.9B Day's Range $ 47.76 - $ 52.92 52wk Range $ 25.77 - $ 70.78 Volume 1.2M Avg Vol 6.6M Gross Margin 47.58 % While revenue guidance for the first quarter exceeded expectations, it's important to note that even the high end of that forecast would represent a year-over-year sales drop of nearly 16%. Investing in solar stocks like Enphase remains risky. While the share decline seen over the last year may now have stabilized, growth in the underlying business still doesn't appear to be at hand. Investors may want to wait until that growth returns before taking a position.
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天水圍電動車起火 兩車受波及 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】天水圍有電動私家車起火，波及兩輛私家車。 消防開喉射水及用滅火氈救火，涉事私家車燒剩支架。昨晚10時許，一輛電動私家車在屏廈路東頭村一間村屋外突然冒煙起火，火勢波及兩輛私家車，約10分鐘將火救熄。附近約10名居民自行疏散，消防調查後相信電線短路引致火警。
Europe’s chemical stocks had their best day in almost four years as optimism for softer emission-reduction rules in the region added to a broader rotation toward companies geared to improving growth prospects. The Stoxx 600 Chemicals Index rose 4.8% amid gains for companies including Air Liquide SA , BASF SE and Givaudan SA . Dutch specialty chemicals and ingredients maker IMCD N.V. and Belgian pe...
Europe’s chemical stocks had their best day in almost four years as optimism for softer emission-reduction rules in the region added to a broader rotation toward companies geared to improving growth prospects. The Stoxx 600 Chemicals Index rose 4.8% amid gains for companies including Air Liquide SA , BASF SE and Givaudan SA . Dutch specialty chemicals and ingredients maker IMCD N.V. and Belgian peer Azelis Group NV both jumped more than 10%. Analysts at Citigroup Inc. attributed the rally partly to a Handelsblatt report saying the European Union is planning to prolong the use of free CO2-certificates for energy-intensive industries. Under EU ‘emissions trading system’ rules, companies are required to buy carbon certificates if they haven’t invested enough in cleaner technologies. Some firms are given free allocations, but that’s set to be phased out by 2034 . Citi analysts including Sebastian Satz said the phasing out of the certificates had “fed into the sector’s bearish narrative,” and a reversal of the change would ease a “major financial burden.” Read: European Cement Stocks Slide, Chemicals Jump on Emissions Report Citi also said a “sector rotation” may have lifted chemical stocks on Wednesday. Investors are moving out of shares at risk of disruption from artificial intelligence and into beaten-down, more-traditional industries. Autos and telecoms stocks also rose strongly. Read: Software Stocks Slide Again as AI Threats Rattle Investors