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Uranium Energy (UEC) reported an unexpected EPS of minus 5 cents per share for Q3 2024, missing the anticipated 1 cent per share, leading to a decline in stock price. Despite no revenue and gross profit for the quarter, UEC's cash and cash equivalents nearly doubled,...
Brookfield Asset Management (BAM) has launched a $5 billion catalytic transition fund (CTF) for clean energy in emerging economies, with $1 billion already committed by UAE-based Alterra. Alterra, the world's largest private clean energy investment vehicle, aims to...
Recent Downgrades: First Solar (FSLR) faced downgrades from analysts at Mizuho Securities and DZ Bank AG due to concerns over its valuation, with price targets set at $274.00 and $270.00, respectively. This has led to a 7.81% drop in its stock price to $263.69. Market...
Crypto mining requires immense computational power, leading to high energy consumption primarily sourced from fossil fuels, causing significant environmental harm and contributing to climate change. Bitcoin's annual energy consumption surpasses that of entire...
Budget Cuts and Privatization: President Javier Milei's budget cuts and moves to partially privatize Argentina's nuclear sector have paused ongoing projects. Regional Leader: Argentina remains the leading country in nuclear energy production in Latin America, with a...