Summary: NextEra Energy NEE plans to sell $2 billion in capital units at $50 each, with proceeds expected to be around $1.94 billion for funding energy projects. The company aims to invest $12 billion in solar energy and $1.5 billion in battery storage from 2024 to 2027.
Full articleSummary: Apple will launch its annual Back to School promotion for university students in the United States and Canada this week, providing free Apple gift cards with Mac or iPad purchases. The promotion could boost sales of the new M2 iPad Air and M4 iPad Pro models.
Full articleSummary: FedEx delivery driver collapsed on duty in Pennsylvania, saved by homeowner and state senator, leading to a GoFundMe campaign set up for the driver's medical expenses.
Full articleSummary: NextEra Energy plans to sell $2 billion of equity units to fund investments in energy and power projects. The equity units sale, expected to generate net proceeds of about $1.94 billion, will consist of a contract to purchase NextEra Energy common stock in the future and a 5% undivided beneficial ownership interest in a debenture.
Full articleSummary: NextEra Energy plant, Aktienanteile im Wert von $2 Milliarden zu verkaufen, um Investitionen in Energie- und Stromprojekte zu finanzieren. Das Unternehmen plant, von 2024 bis 2027 $12 Milliarden in Solarenergie und $1,5 Milliarden in Batteriespeicher zu investieren.
Full articleSummary: NextEra Energy (NYSE:NEE) shares dropped by 3.2% in after-market trading on Monday, following the company's announcement of its plan to sell nearly $2 billion of equity units.
Full articleSummary: Home Depot Inc. sold $10 billion worth of bonds in the US investment-grade market to help finance its acquisition of building-products distributor SRS Distribution Inc. The world’s largest home improvement retailer garnered as many as $47 billion in orders for the nine-part deal.
Full articleSummary: Wells Fargo analysts updated their sovereign credit ratings framework, foreseeing potential negative rating actions for Latin American countries like Chile, Colombia, and Mexico, a possible downgrade for China, but an upgrade for India due to its strong growth profile and fiscal stability.
Full articleSummary: Disney's 'Inside Out 2' surpasses expectations with $155 million in domestic box office debut, leading to a revamp of Disney's box office strategy. Disney has faced recent box office misses and competition in the animation space.
Full articleSummary: Apple has stopped issuing loans through its Apple Pay Later program and will now offer installment loans through third-party companies and credit/debit cards, with a focus on global reach and user security.
Full articleSummary: Tesla launched a fresh bid to secure legal reinstatement of Elon Musk’s controversial $56 billion pay package after shareholders voted to ratify the record-setting agreement. Delaware Chancery Court Judge voided Musk's compensation plan in January, questioning its necessity for Tesla.
Full articleSummary: NextEra Energy, Inc. is specialized in electricity production, transmission, and distribution. By the end of 2023, the group has a production capacity of approximately 33,276 MW, a network of 144,841 km of power lines, and 883 substations. They also focus on renewable energy production, transmission, and distribution, with a production capacity of 37,700 MW, a network of 5,769.5 km of power lines, and around 330 substations.
Full articleSummary: Nasdaq led a solid advance, but the faster rise may lead to a steeper pullback. Individual stocks like On Holding (ONON), GE Aerospace (GE), and Carvana (CVNA) showed positive movements.
Full articleSummary: Kansas sued Pfizer Inc. for allegedly misrepresenting the safety of its Covid-19 vaccine and violating the state’s consumer protection law.
Full articleSummary: The Motley Fool Stock Advisor team did not identify Oracle (NYSE: ORCL) as one of the 10 best stocks for investors to buy now, which could potentially impact investment decisions on Oracle stock.
Full articleSummary: Costco broke resistance level 855.00 and is likely to rise to resistance level 880.00.
Full articleSummary: Broadcom's stock surged, surpassing Eli Lilly to become the eighth-largest U.S. company by market cap. The company's market cap exceeded $847 billion after shares gained 5.4% in Monday's session.
Full articleSummary: Virgin Galactic announced an inducement restricted stock unit award granted to a new non-executive employee under its 2023 Employment Inducement Incentive Award Plan.
Full articleSummary: FuboTV Inc. granted restricted stock unit awards to new employees under its 2023 Employment Inducement Equity Incentive Plan, vesting annually over a four-year period. The awards were granted as employment inducement awards pursuant to the New York Stock Exchange rules.
Full articleSummary: The Federal Deposit Insurance Corp plans to vote to downgrade Citigroup's data-management systems to a 'deficiency' from a 'shortcoming'. The U.S. Federal Reserve and FDIC had identified issues in Citi's 'living will' in 2022.
Full articleSummary: U.S. stocks rose to records led by gains in technology companies like Autodesk and Broadcom. Big Tech stocks like Apple and Microsoft also contributed to the market's rise. The gains in tech helped offset pressure from rising Treasury yields. GameStop and utilities were among the laggards due to various market factors.
Full articleSummary: FDIC plans to downgrade Citigroup's data-management systems rating, but the Fed is not expected to escalate concerns. Citigroup says it has strong balance sheet and financial health.
Full articleSummary: The Defense Department awarded GE Aerospace a $1.1 billion multiyear contract for the procurement of T700 turbine engines used in Army helicopters and other services.
Full articleSummary: Stock indices, including Nasdaq 100 (NDX), S&P 500 (SPX), and Dow Jones Industrial Average (DJIA), closed in the green. Wells Fargo Investment Institute (WFII) warns about potential S&P 500 drawdowns post-Fed rate cuts. CME FedWatch tool shows anticipation of rate cuts in September. WFII sets year-end S&P 500 target at 5,100-5,300 with stronger 2025 performance expected.
Full articleSummary: Major market averages (DJI, IXIC, GSPC) ended Monday's session in the green, with the Dow Jones Industrial Average rising almost half a percent. S&P 500 and Nasdaq Composite closed at record highs in June after strategists raised year-end target for S&P 500.
Full articleSummary: BlackRock's chief investment officer mentioned that financial advisors remain cautious about spot Bitcoin exchange-traded funds due to volatility, infancy, and regulatory uncertainty.
Full articleSummary: Whales are notably bullish on PepsiCo, as indicated by a majority of investors opening trades with bullish expectations. Options trading history reveals a mix of bullish and bearish sentiments, with market movers focusing on a price band of $95.0 to $185.0 for PepsiCo.
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