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Google in talks with publishers to pay for premium news content: WSJ

Alphabet Inc’s Google is in talks with publishers on paying a licensing fee for content that would be packaged in a premium news product, the Wall Street Journal reported https://www.wsj.com/articles/google-in-talks-to-pay-publishers-for-content-in-premium-news-product-11581689169, citing people familiar with the matter.

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Solar and Wind Power Can’t Compete With Gas This Cheap

(Bloomberg) — This will almost certainly be a record-breaking year for the advance of solar and wind power across the U.S. The additions that are in progress or planned are significant enough to boost hopes for emissions-free electrical grids within a generation—if natural gas doesn’t get in the way.It just may. Gas is such a bargain that it’s being viewed less as a bridge fossil fuel, driving the world away from dirtier coal toward a clean-energy future, and more as a hurdle that could slow the trip down. Some forecasters are predicting prices will stay low for years, making it …read more […]

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Tesla Sold Shares at Steepest Discount It’s Ever Given Investors

(Bloomberg) — Tesla Inc. investors who got in on Thursday’s share sale received the steepest discount the electic-car maker has offered in its 10-year history as a public company.Tesla’s $2 billion secondary offering priced at $767 per share, 4.60% below Thursday’s closing price. That discount is over 10 times larger than Tesla’s last secondary offering in May, and quintuples the average discount given across its seven prior share sales.Read more: Tesla Money Raise Keeps $14 Billion Virtuous Circle RollingAn 83% run-up this year before the offering launched might have contributed to the more buyer-friendly pricing terms, not to mention recent …read more […]

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Nvidia shares surge on signs of machine learning boom

Brokerage Cowen & Company was the most bullish, raising its target by $85 to $325, higher than Wall Street’s median price target of $285.15 and Friday’s pre-market price of around $287. Analysts at Susquehanna said while they had expected the company to beat market consensus expectations thanks to the data center demand, they had never expected this kind of upside. “Nvidia’s dream-a-dream AI story is solidly back on track,” analysts from the brokerage said in a note to clients. …read more […]

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SpaceX IPO: Elon Musk’s Starlink Likely Going Public

Elon Musk is disrupting the market with innovative ideas. His company Tesla has long been thought of as the future of cars, leading the world to clean energy vehicles. But that’s not the only world-changing idea he’s created a company around. In 2002, Musk founded SpaceX. The company designs, manufactures and launches rockets and spacecrafts. But the big question isn’t if there will be a SpaceX IPO. It’s if investors can expect a Starlink IPO.

SpaceX IPO: What is Starlink?
Starlink is a project constructed by SpaceX. It’s a satellite constellation that will provide internet access. The goal is to “deploy the …read more […]