The facility would store power generated by wind farms and other renewable sources A former oil refinery site could be turned into a green electricity storage facility. Developers want to build the 100 MWh energy storage facility and substation near Heysham in Lancashire. It would store power generated by wind-farms, …
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Facebook parent Meta Platforms Inc. META -1.27% gave thousands of employees subpar ratings in a recently concluded round of performance reviews, a signal that more job cuts may be on the way, people familiar with the matter said. The company also cut a bonus metric, the people said, one of …
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(Bloomberg) — Agnico Eagle Mines Ltd.’s stock faced its biggest drop in more than two years after reporting inflationary headwinds and lower-than-expected sales in its latest earnings. Most Read from Bloomberg Shares fell 7.8% to C$61.19 as of 11:25 a.m. in Toronto, the biggest intraday decline since November 2020. The …
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DraftKings (DKNG) stock soared Friday morning after the sportsbook operator outlined a narrower-than-anticipated loss in 2023 and a path to profitability by 2024 during its fourth-quarter earnings call. “I am very excited about 2023.” DraftKings CEO Jason Robins said on Friday’s earnings call. “We are more focused than ever on …
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Text size Cathie Wood focuses on high-growth stocks. Lauren Justice/Bloomberg High-profile fund manager Cathie Wood’s ARK Investment Management has increased holdings of e-commerce company Shopify and shed chip maker Nvidia , the group said in a statement. ARK snapped up about $35 million worth of Shopify shares. The stock has …
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