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Global Battery Storage Boom Boosts Tesla's Utility-Scale Business
Tesla signed a multi-year deal with NatPower to supply over 25 GWh of battery storage systems in Europe, capitalizing on the continent's accelerating battery deployment for renewable energy integration.
Qualcomm Data Center Chips to Generate Billions by 2027
Qualcomm forecasts its data center chips will generate billions in revenue by 2027, drawing parallels to oil companies' grip on energy prices.
Blue Moon Metals Reports Major Milestones at Nussir Copper Project in Norway
Blue Moon Metals announced key development milestones for its Nussir copper project in Norway, signaling progress in advancing the asset toward production.
Bain Capital Nears Deal for Stake in Volkswagen’s Everllence Unit
Bain Capital is nearing a deal to acquire a controlling stake in Volkswagen’s heavy diesel engine unit Everllence, ending a competitive private equity auction.
AbraSilver Gets Final Environmental Permit for Diablillos Silver-Gold Project
AbraSilver Resource Corp. received the final major environmental permit from Catamarca authorities for its Diablillos silver-gold project in Argentina, clearing a key hurdle toward a construction decision.
Coffee Grounds to Biochar: New Method Unlocks Waste-to-Energy Potential
Researchers at KIGAM have developed a faster, cheaper method to produce biochar from coffee grounds, potentially diverting millions of tons of waste from landfills into a renewable energy source.
Australia May jobs data eyed as banks forecast 30-45k rebound
Australia's May employment report is due Thursday, with major banks forecasting a 30-45k rebound after April's soft print, and AUD/USD sensitive to the unemployment rate outcome.
Oil Price Drop Shows How Fast Geopolitical Premiums Can Vanish
Crude oil prices have fallen sharply as geopolitical risk premiums unwind, signaling a shift in market sentiment away from supply disruption fears.
Gold Dips Below $4,000 as Fed Rate Hike Fears Persist
Gold slipped below $4,000 as persistent inflation and expectations of further Fed rate hikes eroded its safe-haven appeal, with analysts warning of more downside ahead.
Dollar rally extends as risk-off mood deepens
The US dollar rallied broadly as risk-off sentiment deepened, with commodity currencies like AUD, NZD, and CAD under pressure while the yen held steady.
China Crude Imports Hit Lowest Level Since 2018
China's crude oil imports fell to their lowest level since 2018, signaling weaker demand from the world's top importer and adding downward pressure on oil prices.
Ethereum Foundation layoffs and EthLabs launch spark bullish sentiment
The Ethereum Foundation laid off about 20% of its staff and cut its budget by 40%, while the launch of EthLabs, a new research organization backed by major ecosystem stakeholders, has fueled bullish sentiment among crypto leaders.
Nvidia and SpaceX Lead US Investment-Grade Bond Sales to June Record
US investment-grade bond sales hit a June record, driven by Nvidia and SpaceX issuances amid strong investor demand and the AI spending boom, signaling robust corporate appetite for debt financing.
Private Equity Zombie Funds Expected to Multiply as Deal Lull Persists
A survey by Coller Capital indicates that private equity fund investors expect more zombie funds to emerge as the prolonged deal lull pressures fund managers.
Hidden inflation triggers beyond oil could push Fed to hike rates
Beyond oil prices, two lesser-known inflation drivers could push the Fed toward a rate hike, with the upcoming PCE report as a key test.
Norway Oil Output Beats Forecasts Again in May Despite Pullback
Norway's crude oil production exceeded official forecasts by 7.2% in May, reinforcing its role as a reliable European supplier despite a decline from April's highs.
Buy Verizon over Alphabet if history of Dow changes is any guide
Historical patterns of Dow Jones Industrial Average component changes suggest Verizon may outperform Alphabet after the reshuffle, offering a potential trade for equity investors.
Gas prices not falling fast enough for Trump – what drivers should watch
President Trump pressures DOJ over slow retail gas price declines, as seasonal and policy factors keep pump costs elevated for US drivers.
Fed Says Basis Trade Key Driver of Hedge Fund Treasury Exposure
The Federal Reserve identifies the cash-futures basis trade as the primary driver behind hedge funds' growing Treasury exposure, highlighting potential risks to financial stability.
SPAC Deals Key to Public Listings in Data Center Boom
Blank-check companies are rebounding as a key route to public markets for firms building out AI data centers, according to SPAC veteran Betsy Cohen.
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NowPrice news curates headlines from established financial sources (CoinDesk, Decrypt, Investing.com, MarketWatch, OilPrice, Bloomberg and others). Our editorial team writes concise summaries in 5 languages. We don't republish articles — every story links back to the source.