Reported 9 days ago
Schlumberger Limited (SLB) has emerged as one of the top geothermal stocks recommended by hedge funds due to its significant investments in geothermal energy through its GeothermEx division, which is involved in 80% of global geothermal projects. As the geothermal market grows, highlighted by initiatives like the partnership between Dandelion Energy and a major homebuilder to implement geothermal systems in 1,500 homes in Colorado, Schlumberger's leadership in innovation and international business positions it well for future growth. While SLB is a strong investment choice, analysts suggest that AI stocks may offer even greater potential for higher returns.
Source: YAHOO
Reported 9 days ago
Source: INVESTORS
Reported 9 days ago
Source: BARRONS
Reported 9 days ago
Chevron Corporation (CVX) ranks third among the best geothermal stocks identified by hedge funds, reflecting its significant investments in geothermal energy alongside its primary oil and gas operations. The company has been active in geothermal projects in Indonesia and the Philippines, aiming to develop innovative geothermal technologies. The geothermal market is poised for rapid growth, with government support and advancements in technology potentially making geothermal energy a crucial component of the clean energy landscape by 2050.
Source: YAHOO
Reported 9 days ago
Gold prices experienced a significant rise after their biggest one-day gain in 18 months, driven by uncertainty surrounding US President Trump’s tariff policies. Following the implementation of tariffs on approximately 60 trade partners, gold climbed by as much as 1.6% and approached last week's peak, buoyed by a declining US dollar and investor concerns over a potential global recession. The market reacted positively after Trump opted for a 90-day pause in increasing tariffs on 56 countries, leading to bullish movements in both gold and US stocks.
Source: YAHOO
Reported 9 days ago
China has announced plans to limit the number of Hollywood films allowed into its market, escalating its trade conflict with the United States following the imposition of record tariffs by President Trump. The China Film Administration stated that this decision aims to counter the US’s trade actions, signaling that China may also target American services in retaliation. The move follows a decline in US film releases and a growing preference for domestic films among Chinese audiences.
Source: YAHOO
Reported 9 days ago
Source: WSJ
Reported 9 days ago
Britain's competition regulator announced it could accept the remedial measures proposed by SLB and ChampionX to alleviate antitrust concerns related to their $8 billion merger. The companies have suggested divesting certain business units and licensing technologies to address the potential reduction in market competition. A final decision is expected by June 11, with the possibility of an extension to August 8.
Source: YAHOO
Reported 9 days ago
Global officials expressed mixed reactions to President Trump's 90-day pause on higher tariffs, with countries like Vietnam and Japan pushing for a permanent reprieve. As tensions rise with China and amid ongoing trade discussions, nations are keen to stabilize their economies while negotiating with the US. The pause has provided a temporary relief, but leaders are wary of potential shifts in Trump's tariff strategy.
Source: YAHOO
Reported 9 days ago
Source: WSJ
Reported 9 days ago
If you've recently married and are considering selling your home to move in with your spouse, it's important to weigh the pros and cons. Factors such as the local real estate market, the costs involved in selling, and your future financial goals should all be taken into account. You might choose to sell your home for financial gains, invest the proceeds, or even keep it and rent it out. Open communication with your spouse regarding financial responsibilities and potential expenses is crucial to ensure a smooth transition into your new life together.
Source: YAHOO
Reported 9 days ago
The recent implementation of wide-ranging tariffs under President Trump has heightened global credit risks, complicating the economic outlook for both the US and Europe. With trade tensions escalating and financial markets experiencing instability, the tariffs, particularly on China, threaten to further strain economies already facing challenges. The policy shift could lead to severe repercussions, including potential recession risks in the US, as well as complicating efforts for economic recovery amid rising inflation and geopolitical uncertainties.
Source: YAHOO
Reported 9 days ago
Source: BARRONS
Reported 9 days ago
In response to escalating U.S.-China tariffs, global markets have experienced significant fluctuations, with the S&P 500 bouncing back nearly 10% after a temporary tariff pause from President Trump. Despite this relief, uncertainty continues to loom as both nations ramp up trade hostilities, leaving investors cautious and prompting some to seek safer assets like German bunds, further complicating global investment dynamics.
Source: YAHOO
Reported 9 days ago
Source: WSJ
Reported 9 days ago
The IRS has announced April 15 as the deadline for taxpayers to file their 2021 tax returns to claim potential refunds, including up to $1,400 in unclaimed COVID-19 stimulus payments. Many eligible individuals have missed out on these payments due to filing errors or lack of awareness, with an estimated $2.4 billion remaining unclaimed. Taxpayers are encouraged to file their returns, even if they had little or no income in 2021, to secure their entitled benefits.
Source: YAHOO
Reported 9 days ago
Source: INVESTORS
Reported 9 days ago
Source: BARRONS
Reported 9 days ago
Source: BARRONS
Reported 9 days ago
The recent surge in the S&P 500 and cryptocurrency markets following President Trump's tariff pause has sparked discussions about whether we are witnessing a new bull market or merely a bear market rally. Analysts from Goldman Sachs caution against overoptimism, noting that significant rebounds can happen even in bear markets. Historical data shows 19 bear market rallies since the 1980s, averaging 44 days and 10-15% returns. Key indicators for a sustainable bull market are still lacking, and uncertainties remain, including potential escalation in trade tensions.
Source: YAHOO
Reported 9 days ago
In the wake of significant stock market declines totaling $11 trillion, conservative commentator Ben Shapiro has condemned President Trump's tariffs as a concealed tax increase impacting American consumers and businesses. He argues that these tariffs, which have been temporarily paused, represent one of the largest tax hikes in U.S. history. Despite Shapiro's critique, Trump remains committed to escalating trade tensions, raising concerns about the economic outlook and consumer spending.
Source: YAHOO
Reported 9 days ago
Asian and European stock indexes experienced significant gains following President Donald Trump's announcement to pause reciprocal tariffs for 90 days for all trading partners, excluding China. Despite the initial boost in stock markets, U.S. stock futures are down as investors react to the previous day's surges. The 10-year Treasury yield is also falling after reaching its highest levels since mid-February. Economists suggest that while the pause is a relief, existing tariffs on U.S. imports from China and other markets could still impact the economy.
Source: YAHOO
Reported 9 days ago
U.S. President Donald Trump's announcement to pause imposed tariffs followed a turmoil in the $29 trillion Treasury market, characterized by a notable selloff that caused a significant rise in 10-year borrowing costs. While yields initially surged toward their highest levels in over a decade, they settled lower after the pause. Market stresses reflected a potential crisis similar to past financial disruptions, underlining the crucial role of the Treasury market in global financial stability.
Source: YAHOO