Monte Dei Paschi Net Profit Surges After Mediobanca Takeover
WSJ· 2026-02-10 08:12
Group 1 - The company's quarterly net profit reached €1.35 billion, a significant increase from €384.9 million in the same period last year [1]
Ocado share price wedge points to a rebound amid 1,000 layoff rumours
Invezz· 2026-02-10 08:07
Ocado share price has become one of the worst-performing companies in the UK in the past few years. After peaking at 2,900p in January 2021 to the current 230p, a trend that may continue in the coming... ...
CNBC Daily Open: U.S. markets rise on tech rebound, while 'Takaichi trade' lifts Japanese stocks
CNBC· 2026-02-10 08:05
Group 1: U.S. Market Performance - U.S. markets closed higher, with Big Tech stocks rebounding; Oracle increased by 9.6% and Microsoft by 3.1%, contributing to a 0.47% rise in the S&P 500 and a 0.9% jump in the Nasdaq Composite [1] - The Dow Jones Industrial Average saw a slight increase of 0.04%, reaching another record close [1] Group 2: Asian Market Trends - Asian stocks mostly followed Wall Street's upward trend, with Japan's Nikkei 225 rising over 2%, outperforming regional peers [2] - Investors are optimistic about Japanese equities due to Prime Minister Sanae Takaichi's economic policies [2] Group 3: Big Tech Concerns - Despite gains in U.S. and Asian equities, Big Tech faces heavy capital expenditure and financing concerns; Alphabet warned of potential "excess capacity" in data centers [3] - Alphabet plans to raise $20 billion through a U.S. dollar bond sale, including a bond with a 100-year tenor [4] Group 4: Industry Growth Indicators - ChatGPT is reportedly exceeding 10% monthly growth, as stated by CEO Sam Altman; sustained industry growth could mitigate Alphabet's "excess capacity" issues [5] - Oil prices dipped slightly amid the European Union's plans to sanction ports in Indonesia and Georgia over Russian oil handling [5] Group 5: European Market Focus - Key stocks to watch in European markets include AstraZeneca, Barclays, and Kering, which are reporting earnings today [6] - Standard Chartered's shares fell by 3.4% in Hong Kong following the unexpected departure of Diego De Giorgi, who was anticipated to be the next leader of the bank [6]
Syntholene Energy Selects Dynelectro, Developer of "World's Most Efficient Electrolyzer" as Vendor for Synthetic Fuel Demonstration Facility
TMX Newsfile· 2026-02-10 08:05
Core Viewpoint - Syntholene Energy Corp has selected Dynelectro ApS as the electrolyzer technology vendor for its synthetic fuel demonstration facility in Iceland, aiming to produce sustainable aviation fuel (eSAF) efficiently and cost-effectively [1][4]. Group 1: Technology and Efficiency - Dynelectro's electrolyzer platform is noted for its industry-leading energy efficiency in hydrogen production, crucial for eFuels, while ensuring durability under variable industrial loads [2]. - The system architecture of Dynelectro's electrolyzer emphasizes reduced complexity, high current density operation, and modular deployment, aligning with Syntholene's goals for capital-efficient synthetic fuel infrastructure [2][5]. - Dynelectro's unique approach to solid oxide electrolysis aims to minimize energy consumption and maintenance costs, potentially converting up to 90% of renewable electrical energy into clean hydrogen when integrated with Syntholene's hybrid thermal production system [4]. Group 2: Project Goals and Scalability - The planned demonstration facility is designed to validate Syntholene's integrated approach to producing low-cost hydrogen for eSAF and other eFuels, focusing on scalability, energy efficiency, and long-term competitiveness with fossil fuels [3]. - Syntholene has secured 20MW of dedicated energy to support the upcoming demonstration facility and its commercial scale-up efforts [7]. - The company aims to deliver ultrapure synthetic jet fuel at a cost 70% lower than the nearest competing technology, with a mission to produce high-performance, low-cost, and carbon-neutral synthetic fuel at an industrial scale [6]. Group 3: Strategic Partnerships and Evaluation - The selection of Dynelectro followed a rigorous two-year evaluation process focused on efficiency, reliability, and scalability, highlighting the importance of electrolyzer performance and low-cost clean energy in synthetic fuel economics [5]. - The partnership with Dynelectro is seen as critical for Syntholene as it transitions from demonstration to multi-megawatt commercial deployment [5].
New Earth Resources Announces Plans for Lake Bottom Sediment Sampling Survey on its SL Rare Earth Elements Project
Globenewswire· 2026-02-10 08:05
Core Viewpoint - New Earth Resources Corp. has initiated planning for a lake bottom sediment sampling program at its SL Project in Quebec, aimed at evaluating the potential for rare earth elements (REE) and generating regional data for future exploration targeting [1][6]. Group 1: Project Overview - The SL Project consists of 23 claims covering approximately 1,102 hectares, with the company holding an option to acquire a 100% interest [8][15]. - The project is located in the Southeastern Churchill Province, characterized by alkaline to calc-alkaline rocks, which are known for their REE endowments, particularly in the nearby Strange Lake REE district [8][9]. Group 2: Sampling Program Details - Approximately 85% of the SL Project area is covered by a lake, necessitating a regional lake bottom sediment sampling program to identify potential subsurface REE mineral occurrences [2]. - The sampling will utilize a systematic grid pattern with a nominal density of 10-15 samples per square kilometer, adaptable based on specific targets or lake availability [3]. - The campaign is scheduled for late winter to early spring (February to April), leveraging ice cover for safe and cost-effective access while minimizing environmental disturbance [4]. Group 3: Objectives and Benefits - The sediment sampling program aims to provide a rapid, cost-effective, and comprehensive regional geochemical assessment, allowing the company to delineate high-potential REE targets and optimize future exploration expenditures [5]. - The initiative represents an application of advanced exploration techniques to better understand the project's geology and generate detailed regional data for future targeting [6].
Shopify Inc. (NASDAQ:SHOP) Stock Upgrade and Earnings Forecast
Financial Modeling Prep· 2026-02-10 08:03
MoffettNathanson upgraded Shopify Inc. (NASDAQ:SHOP) from Neutral to Buy, citing an attractive entry point at $118.40.Shopify anticipates a revenue increase in the mid-to-high 20% range for Q4 2025, with Zacks Consensus Estimate projecting revenues to reach $3.58 billion, a 27.3% growth.The consensus estimate for Shopify's earnings is set at 50 cents per share, indicating a 13.6% increase from the previous year.Shopify Inc. (NASDAQ:SHOP) is a leading e-commerce platform that enables businesses to create onl ...
Waste Management Stock: Analyst Estimates & Ratings
Yahoo Finance· 2026-02-10 08:03
Based in Houston, Texas, Waste Management, Inc. (WM) operates one of North America’s most expansive environmental services platforms. With a $91.4 billion market cap, the company manages waste collection, recycling, disposal, and material recovery while also converting landfill gas into energy and delivering regulated healthcare waste and secure information destruction services. Over the past 52 weeks, WM stock gained 2.5%, significantly lagging the S&P 500 Index ($SPX) 15.6% gain. Year-to-date (YTD) per ...
The Trump Administration touts oil hubs in the Gulf of Mexico, but no one is building them
Fortune· 2026-02-10 08:03
The Trump administration touted the new licensing on Feb. 3 of the Texas GulfLink project—a crude oil-exporting terminal proposed in the deepwater Gulf of Mexico, about 30 miles offshore of Texas—claiming the country is restoring its “maritime dominance” and unleashing a new “golden age of American energy.”But one key voice was missing from the celebration: Texas GulfLink’s developer. Dallas-based Sentinel Midstream declined to comment on the administration’s announcement, and didn’t issue any press release ...
1 Unstoppable Stock To Buy Before It Joins Nvidia, Apple, Alphabet, and Microsoft in the $3 Trillion Club
The Motley Fool· 2026-02-10 08:02
Coming off an incredible 2025, Broadcom is poised for a repeat performance.There are currently a dozen companies that are worth $1 trillion or more, but only four are currently members of the elite $3 trillion club: Nvidia at $4.6 trillion, Apple at $4 trillion, Alphabet at $3.9 trillion, and Microsoft at $3 trillion.I am convinced that Broadcom (AVGO +3.46%) has what it takes to join this exclusive fraternity in the years to come. The company plays a pivotal role in the data center space, and the current b ...
Tech rebound lifts Wall Street
Youtube· 2026-02-10 08:01
The CNBC app, global market news in one place. Customizable sections and personalized alerts. Stocks tracking, interactive charts, and market insights, all in your hands.Stay connected, stay informed. Download the CNBC app today. A very warm welcome to scorebox.Incredibly busy corporate earnings day. You're going to meet a lot of CEOs on this show today. Uh, I'm Steve Sedwick with Ben Bulos and these are your headlines.A rebound in tech stocks lifting the likes of Oracle, Nvidia, and Broadcom in Monday's Wa ...