Trading Ideas

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Trading Ideas

$3 Billion Planned for Next-Generation Hydrogen Power Plants

September 2, 2020 admin Comments Off on $3 Billion Planned for Next-Generation Hydrogen Power Plants

(Bloomberg) — Three power plants planned in New York, Virginia and Ohio will test whether hydrogen can one day replace natural gas in electric generation.Power producers Danskammer Energy LLC, Balico LLC and EmberClear are paying Mitsubishi Power Americas Inc. more than $3 billion for the facilities, which will collectively generate 3,284 megawatts of electricity. While the plants will initially run on natural gas alone, they’ll eventually shift to burning green hydrogen produced and stored on-site. They’re designed to make it easier to ramp up hydrogen use as production increases, said Chief Executive Officer Paul Browning.Green hydrogen — produced by stripping …read more […]

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Intel releases new laptop chips to confront rising rivals

September 2, 2020 admin Comments Off on Intel releases new laptop chips to confront rising rivals

The company said the chips use a new manufacturing technique and other tweaks that will make them more powerful at tasks such as using artificial intelligence to reduce background noise during video calls. The company said it worked with laptop makers including Dell Technologies and Samsung Electronics Co Ltd and that there will be 50 different machines from different makers available for the holiday shopping season. The Tiger Lake processors come as Intel, one of the few chip companies that both designs and makes its own chips, has struggled with manufacturing delays. …read more […]

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Well Fargo Says These 2 Stocks Could Rally Over 70% From Current Levels

September 2, 2020 admin Comments Off on Well Fargo Says These 2 Stocks Could Rally Over 70% From Current Levels

This summer didn’t just see temperatures heat up. The S&P 500 has been on fire, with the index breaking record after record during the month of August and now sitting at 3,526.65 points.As its 2020 S&P 500 price target of 3,388 has been left in the dust, investment firm Wells Fargo is weighing in on where the market is heading. Christopher Harvey, head of equity strategy, writes in a recent note that “it does not appear the market is about to hit a wall,” noting that he doesn’t want “to leave the party too early.”“There is a growing perception that …read more […]