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Octopus Energy: 2024 CNBC Disruptor 50
Founders: Greg Jackson (CEO), Stuart Jackson, James EddisonLaunched: 2016Headquarters: LondonFunding: $2 billionValuation: $7.8 billionKey technologies: Artificial intelligence, Internet of Things, machine learningIndustry:…
With EVs, the ‘Detroit of Asia’ wants to be China hedge for automakers
Visitors inspect a Tesla Model Y car during the 40th Thailand International Motor Expo at the Impact Challenger hall in Nonthaburi. Sopa Images | Lightrocket | Getty ImagesTesla has a lot going on. A significant slump in sales, stoking…
Microsoft signs deal to remove 3.3 million metric tons of carbon dioxide
A building of Stockholm Exergi in Stockholm, Sweden, Sept. 5, 2022.He Miao | Xinhua | Getty ImagesMicrosoft signed a deal to permanently remove 3.3 million metric tons of carbon dioxide with Swedish energy company Stockholm Exergi, the…
Saudi Aramco upholds dividend despite drop in first-quarter profits
Saudi Aramco's first-quarter net profit fell 14% year-on-year amid lower oil prices and production.Net income for the three months up to March 31 came in at $27.3 billion, down from $31.9 billion for the same period last year, the…
WTI settles lower as Gaza cease-fire uncertain
Hundreds of Palestinians, including women and children living in east part of Rafah, migrate to the west part of the Khan Yunis with their few belongings loaded on vehicles following the Israel's announcement on the evacuation of…
U.S. crude oil recovers losses after surprise stockpile decline
ENSCO-72 drilling rig working in Poole Bay for Corallian Energy in Poole Bay, England, on Feb. 15, 2019.Finnbarr Webster | Getty Images News | Getty ImagesCrude oil futures rose Wednesday, recovering losses from earlier in the session as…
Siemens Energy shares jump 13% as firm plans leadership change at wind
Siemens Energy shares soared as much as 13% on Wednesday after the German renewables firm raised its forecast for the year and announced that the CEO of its troubled wind turbine unit will be replaced amid "comprehensive restructuring…
BP first-quarter earnings 2024
A BP gas station in Madrid, Spain.Sopa Images | Lightrocket | Getty ImagesBP on Tuesday reported a fall in first-quarter profit, with results coming in below analyst expectations amid a "significantly weaker" margin in fuels and lower…
Trump’s porn star hush-money trial enters week four: Here’s what’s happened
Trump's historic criminal trial enters week four.
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Block (SQ) earnings Q1 2024
Block reported first-quarter earnings after the bell Thursday that exceeded analysts' estimates. The stock rose more than 7% in extended trading.Here's how the company did, compared with analysts' consensus estimates from LSEG.Earnings…