The infamous Three Mile Island nuclear plant is poised for a comeback, driven by AI’s massive energy needs. Thanks to a long-term agreement signed by Microsoft Corp. and Constellation Energy Corp. in September 2024, the energy from the plant will power chatbots and other artificial intelligence applications. All this under a new and baggage-free name: the Crane Clean Energy Center. The agreement c...
The infamous Three Mile Island nuclear plant is poised for a comeback, driven by AI’s massive energy needs. Thanks to a long-term agreement signed by Microsoft Corp. and Constellation Energy Corp. in September 2024, the energy from the plant will power chatbots and other artificial intelligence applications. All this under a new and baggage-free name: the Crane Clean Energy Center. The agreement commits Microsoft to buying all the electricity produced by the site’s remaining functional 835-megawatt reactor for 20 years. Bloomberg News Energy Reporter Will Wade joins to discuss the return of the nuclear power plant on Three Mile Island. (Source: Bloomberg)
Earnings Call Insights: AdvanSix (ASIX) Q1 2026 Management view CEO Erin Kane framed Q1 as navigating multiple pressures: “the AdvanSix team navigated a number of headwinds to deliver a solid first quarter performance, including the earlier winter storm-related impacts and new geopolitical challenges amid continued subdued industrial end market demand.” Kane highlighted the commercial and cost-rec...
Earnings Call Insights: AdvanSix (ASIX) Q1 2026 Management view CEO Erin Kane framed Q1 as navigating multiple pressures: “the AdvanSix team navigated a number of headwinds to deliver a solid first quarter performance, including the earlier winter storm-related impacts and new geopolitical challenges amid continued subdued industrial end market demand.” Kane highlighted the commercial and cost-recovery posture: “We are executing with a focus to recover inflationary raw material input costs by leveraging both our pass-through formula and freely negotiated pricing mechanisms,” while adding, “we anticipate significant sequential earnings and cash flow improvement into the second quarter.” Kane updated on storm effects and offsets: “While the earnings impact related to this event came in just above the high end of our anticipated range, we were able to save $3 million of planned turnaround expense for the year.” Kane announced a leadership change: “effective April 27, we welcome Patrick Day as our new Senior Vice President and Chief Financial Officer,” and added, “I'd like to also give thanks to Chris Gramm for his commitment and support during his time as Interim CFO over the last year.” VP Corporate Finance Chris Gramm reported the quarter’s headline financials: “Sales of $404 million in the quarter increased approximately 7% versus the prior year,” and “Adjusted EBITDA was $5 million, down $47 million from last year.” Outlook Kane reiterated capital and leverage expectations: “We continue to expect full year CapEx in the range of $75 million to $95 million with targeted allocation of nearly 20% of that towards high-return growth investments,” and “We also continue to expect debt leverage ratios near the low end of our target range of 1 to 2.5x by the end of this year.” On near-term earnings cadence, Gramm said, “We continue to anticipate sequential improvement into the second quarter and expect the second half of the year to be a source of cash to achieve our full ye...
Philip Morris International ( PM ) shares snapped six straight sessions of gains on Friday, as the stock was 0.1% lower at $171.01. The international tobacco company gained 3.7% in the preceding six sessions. So far this year, the stock has added 7%, compared to the 8% rise in the broader S&P 500 Index ( SP500 ). PM is up 6% over the past one month. Looking at Seeking Alpha's Quant Rating, PM has ...
Philip Morris International ( PM ) shares snapped six straight sessions of gains on Friday, as the stock was 0.1% lower at $171.01. The international tobacco company gained 3.7% in the preceding six sessions. So far this year, the stock has added 7%, compared to the 8% rise in the broader S&P 500 Index ( SP500 ). PM is up 6% over the past one month. Looking at Seeking Alpha's Quant Rating, PM has a Strong Buy rating with a score of 4.6 out of 5. The company received A+ in the prospect of profitability, while it received C+ in the growth factor. Seeking Alpha analysts are cautious and see the stock as a Hold. Turning to the Wall Street , 11 analysts have given the stock a Buy or above rating. Four gave the stock hold recommendation, while none gave Sell or lower rating to PM. “PM’s challenge moving forward is balancing production with the inventory normalization seen among U.S. retailers during the quarter,” pointed out a recent Seeking Alpha analysis. More on Philip Morris Philip Morris: Room To Run Toward Fair Value Philip Morris: No Reason To Get Involved Today Philip Morris: Growth At An Expensive Price (Rating Upgrade) Trump administration wants faster action from the FDA on flavored vapes Earnings Scoreboard: 82% of S&P 500 early reporters top EPS estimates ahead of big tech wave
champc Wall Street advanced on Friday as investors looked past ongoing geopolitical tensions in the Middle East and focused instead on the latest nonfarm payrolls report, which reinforced confidence in the broader U.S. economy. The rally was led by technology shares, helping the Nasdaq Composite ( COMP:IND ) climb 1.7%. The benchmark S&P 500 ( SP500 ) gained 0.8%, while the blue-chip Dow Jones Ind...
champc Wall Street advanced on Friday as investors looked past ongoing geopolitical tensions in the Middle East and focused instead on the latest nonfarm payrolls report, which reinforced confidence in the broader U.S. economy. The rally was led by technology shares, helping the Nasdaq Composite ( COMP:IND ) climb 1.7%. The benchmark S&P 500 ( SP500 ) gained 0.8%, while the blue-chip Dow Jones Industrial Average ( DJI ) edged 0.1% higher. "This market is one to participate in, not one to over-analyze,” Seeking Alpha analyst Alex King of Cestrian Capital Research said, arguing that momentum continues to favor equities despite lingering macroeconomic and geopolitical concerns. “Stocks are going up for a variety of reasons but the fact is that they are going up,” King added, emphasizing that investors should focus more on market action than attempting to predict turning points. According to King, “no-one is a good enough analyst to forecast the timing” of when the rally could reverse, adding that investors “must let price lead your opinion, not vice versa.” Market Tracking ETFs: ( DIA ), ( DDM ), ( DOG ), ( DXD ), ( SDOW ), ( SPY ), ( VOO ), ( IVV ), ( RSP ), ( SSO ), ( UPRO ), ( SH ), ( SDS ), ( SPXU ), ( QQQ ), ( QQQM ), ( TQQQ ), ( QID ), and ( SQQQ ). More on markets Dividend Roundup: Eli Lilly, PepsiCo, Apple, Visa, and more RBC Capital raises S&P 500 year-end target to 7,900 as it sees more upside ahead Trump gives the EU a July 4 deadline to finalize a trade deal and warns of higher tariffs Goldman Sachs flags Amazon and Alphabet for inflating S&P 500 earnings growth figures AI startup surge ignites new wave of American entrepreneurship
Reform, Greens and pro-Gaza independents make significant gains, although no party has yet won majority Elections mapped: how Labour lost ground in different directions Latest news updates and analysis from election night The Labour party’s 14-year leadership in Birmingham has come to an end after Reform, Greens and pro-Gaza independents made significant gains in the UK’s second-largest city. No p...
Reform, Greens and pro-Gaza independents make significant gains, although no party has yet won majority Elections mapped: how Labour lost ground in different directions Latest news updates and analysis from election night The Labour party’s 14-year leadership in Birmingham has come to an end after Reform, Greens and pro-Gaza independents made significant gains in the UK’s second-largest city. No party has yet won an overall majority at Birmingham city council, one of Europe’s largest local authorities, with the results reflecting wider political fragmentation across England. Continue reading...