Coal is by far the most polluting fuel that we use. It produces the most carbon emissions per unit of energy, and impurities in the coal produce a lot of sulfur dioxide aerosols, as well as nitrous and nitrogen oxides. Then there’s the coal ash that’s left behind, which typically contains a lot of toxic metals. The health benefits of displacing coal power are typically estimated to be well above t...
Coal is by far the most polluting fuel that we use. It produces the most carbon emissions per unit of energy, and impurities in the coal produce a lot of sulfur dioxide aerosols, as well as nitrous and nitrogen oxides. Then there’s the coal ash that’s left behind, which typically contains a lot of toxic metals. The health benefits of displacing coal power are typically estimated to be well above the costs of the new generating equipment. But a new study suggests that the problems with coal-derived pollution go beyond health; it interferes with other power sources. Researchers have found that aerosols, both natural and human-derived, significantly reduce the power we could be getting from solar panels, to the tune of hundreds of terawatts a year. And a lot of those aerosols come from burning coal. A big impact The new work, done by a team in the UK, is based on a new global inventory of solar facilities. This started with known inventories of solar facilities, and was supplemented with AI-analyzed satellite imagery and crowdsourced records of locations. Satellite images were then used to determine the size of these facilities, and location-tagged weather data could then be used to estimate their power production. Read full article Comments
The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -1.24%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.54%. June E-mini S&P futures (ESM26 ) fell -1.26%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -1.24%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.54%. June E-mini S&P futures (ESM26 ) fell -1.26%, and June E-mini Nasdaq futures...
The Nasdaq Composite Index ( COMP:IND ) closed in the red on Friday, reversing its weeks-long trend. The index ended 1.54% lower as tech stocks fell following the U.S.-China summit. As for the whole week, tech stocks dominated the gainers, with Cisco ( CSCO ) gaining the most following a better-than-expected third-quarter print. Earlier in the week, Cisco rallied 17% to a new intraday record of $1...
The Nasdaq Composite Index ( COMP:IND ) closed in the red on Friday, reversing its weeks-long trend. The index ended 1.54% lower as tech stocks fell following the U.S.-China summit. As for the whole week, tech stocks dominated the gainers, with Cisco ( CSCO ) gaining the most following a better-than-expected third-quarter print. Earlier in the week, Cisco rallied 17% to a new intraday record of $119.36. Its peer Palo Alto Networks ( PANW ) also surged in tandem, becoming the second-highest gainer. Meanwhile, Intel ( INTC ) lost the most amid a wider AI and chip stocks sell-off after the U.S.-China summit skipped discussions around key chip issues. Top gainers of the week: Cisco ( CSCO ) +22.42% Palo Alto Networks ( PANW ) +16.92% CrowdStrike ( CRWD ) +12.56% Take-Two Interactive ( TTWO ) +9.70% Diamondback Energy ( FANG ) +8.27% Top losers for the week: Intel ( INTC ) -12.84% Constellation Energy ( CEG ) -11.80% Thomson Reuters ( TRI ) -11.07% Sandisk ( SNDK ) -10.25% Charter ( CHTR ) -9.45% More on Markets Intel: Winning Washington Isn't Enough At $545 Billion Cisco: Soaring To New All-Time High The AI Power Bottleneck Makes Constellation Energy A Strong Buy Everything selling off: BTC, ETH, Silver, SP500, Nasdaq—where's money going? 3 things to look out for on Monday
Taiwan has emerged as the first test of Beijing and Washington’s new “strategic stability” formula, according to analysts. In the aftermath of the high-profile summit between Chinese President Xi Jinping and US President Donald Trump in Beijing, subtle differences have emerged in how the two sides have characterised Taiwan, which Beijing defines as the most important issue in the bilateral relatio...
Taiwan has emerged as the first test of Beijing and Washington’s new “strategic stability” formula, according to analysts. In the aftermath of the high-profile summit between Chinese President Xi Jinping and US President Donald Trump in Beijing, subtle differences have emerged in how the two sides have characterised Taiwan, which Beijing defines as the most important issue in the bilateral relationship. Chinese foreign minister Wang Yi said on Friday that during Trump’s state visit to China from...
Getty Images Kyivstar Group Ltd. ( KYIV ) released its first-quarter earnings this week, revealing an interesting set of results. I previously covered the emerging market telecom and digital services provider in January on the basis of its noteworthy market share and its growth-at-a-reasonable-price attributes. Upon reviewing Kyivstar's Q1 results, I decided to maintain my positive outlook on the ...
Getty Images Kyivstar Group Ltd. ( KYIV ) released its first-quarter earnings this week, revealing an interesting set of results. I previously covered the emerging market telecom and digital services provider in January on the basis of its noteworthy market share and its growth-at-a-reasonable-price attributes. Upon reviewing Kyivstar's Q1 results, I decided to maintain my positive outlook on the company's stock; here's why. Headline Results Kyivstar Group's first-quarter results settled above expectations as the company achieved $323 million in quarterly revenue ($9.90 million above expectations) and an earnings-per-share figure of 37 cents (3 cents above estimates). Figure 1 – Q1 Results Summary (Seeking Alpha) Numerous factors contributed to Kyivstar's Q1 results, namely a consolidation of acquired companies, progression into digital products, cross-selling, and high cash conversion. To elaborate: as illustrated by figure 2, the company's EBITDA extended to $173 million, a 23.5% year-over-year increase. Although much of the increase can be attributed to Uklon and Tabletki's consolidation, key metrics suggest that underlying growth remains robust. For example, Kyivstar TV added 300 thousand customers year-over-year (+10.7%), My Kyivstar added 900 thousand customers (+10.3%), and Helsi added 100 thousand (+2.7%). Collectively, core growth and new acquisition consolidation translated into an alluring net income margin of ~26.32%—and total equity increased by 3.3% year-over-year to $1.34 billion, suggesting that new acquisitions as well as high CapEx intensity (29.9% of revenue) have added to equity value instead of conflicting with shareholders' interests. Figure 2 – Q1 Results Compact (Seeking Alpha) Investors didn't react positively to Kyivstar's earnings as the stock has lost around 1.90% of its value in the past five trading days. However, it's worth noting the broader market risks that occurred at the same time: emerging market equities have been struck hard in...
Wall Street’s hard-charging risk rally just ran into the bond market . The S&P 500 fell more than 1% Friday, led by technology shares, as a global bond selloff drove Treasury 10-year yields above 4.5%, pushed Japan’s 30-year borrowing costs to 4% for the first time and sent yields on UK long bonds to a 28-year high. Oil climbed above $105 a barrel after a Trump-Xi summit in Beijing produced no bre...
Wall Street’s hard-charging risk rally just ran into the bond market . The S&P 500 fell more than 1% Friday, led by technology shares, as a global bond selloff drove Treasury 10-year yields above 4.5%, pushed Japan’s 30-year borrowing costs to 4% for the first time and sent yields on UK long bonds to a 28-year high. Oil climbed above $105 a barrel after a Trump-Xi summit in Beijing produced no breakthrough over the Strait of Hormuz standoff. For months now, investors have brushed off these kinds of threats: Middle East flare-ups, inflation scares and supply-side disruptions. US equities have pushed to records . Corporate credit spreads have stayed tight. Retail enthusiasm for speculative trades — from AI-linked stocks to digital assets — has shown little sign of fading. This week, the pressure intensified. Back-to-back inflation readings came in hot. Long-dated yields pushed sharply higher, with traders pricing the risk that the Federal Reserve may need to tighten policy rather than ease. This year’s rally now rests on an increasingly demanding premise: richly valued assets can keep climbing even as borrowing costs rise and energy prices stay elevated. The question now is whether Friday is another wobble, or the start of a broader repricing markets have repeatedly postponed. “The fact we have broken this psychological 4.5% on the 10-year, it becomes dangerous, not just for the bond market but also the broader risk complex,” Priya Misra , a portfolio manager at JPMorgan Asset Management, told Bloomberg Television. “As you see tightening in financial conditions, the market starts to move from, ‘Is this just inflationary?’ to ‘Is this stagflationary?’” Despite Friday’s pullback, US stocks closed their seventh consecutive week of gains. The winning streak has masked weakness underneath. Eight of the 11 S&P 500 sectors have fallen this month, with most of the gains concentrated in information technology. Even as key equity sectors flinched and yields surged, credit refus...
Company Reports Net Income of $0.2 Million and Continued Strategic Expansion into Artificial Intelligence Company Reports Net Income of $0.2 Million and Continued Strategic Expansion into Artificial Intelligence
Company Reports Net Income of $0.2 Million and Continued Strategic Expansion into Artificial Intelligence Company Reports Net Income of $0.2 Million and Continued Strategic Expansion into Artificial Intelligence