Camas-based Invest Green Enterprises raises $172.5M in IPO
“We see this as a natural progression,” he said.
An Oregon-based advanced nuclear small modular reactor technology company, NuScale Power, merged with a special purpose acquisition company in 2022, taking it public. NuScale, which trades on the New York Stock Exchange as SMR, is now worth around $6 billion.
McLean is hoping Invest Green will be able to boost a similar kind of clean energy company to power the projected skyrocketing demand for electricity.
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Read MoreNvidia Stock Slides on Alphabet Competition Fears: Is This a Buy-the-Dip Moment?
Nvidia’s latest sell-off highlights how heavily its lofty valuation depends on a few hyperscale customers.
Shares of Nvidia (NVDA +1.37%), the leading supplier of artificial intelligence (AI) accelerators for data centers, were knocked down hard this week when reports circulated that social media company Meta Platforms (META 0.41%) may be considering a chip deal with Google parent Alphabet (NASDAQ: GOOGL) (GOOG 1.04%) to help power some of its data centers beginning in 2027.
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Read MoreWarren Buffett's Berkshire Hathaway Bet on This Big Tech Stock. Should You?
Key Takeaways
- Berkshire Hathaway, the conglomerate run by Warren Buffett, took a sizable stake in tech giant Alphabet during the third quarter.
- Alphabet stock is up 70% since the start of the year, making it an unusual addition to Berkshire’s value-oriented stock portfolio.
- The majority of Wall Street analysts are optimistic about Alphabet’s stock,
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Read MoreHistory Says These 7 S&P 500 Stocks Often Rally In December
The calendar flipped to December today with investors hoping one of the market’s most reliable month delivers again.
The S&P 500 has averaged a 1.4% gain in December since 1950, with the index finishing higher 73% of the time and boasting the strongest winning rate of any month.
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Read MoreThe Burst
14 Billion Reasons To Avoid Fast Growth
It seems every generation needs to learn the same lesson the hard way. In 2000, when technology stocks were flying high but fundamentals failed to justify the valuations, the fear of missing out on big gains caused many to chase higher highs and regret it.
More recently, a similar type of investment, draped in narrative and shy on fundamentals,
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Read MoreThe Ivy
100 Worst Performing Stocks, But 1 Is a Buy?
In a list of the worst performing NASDAQ 100 stocks this year, Intel ranks about as poorly as any. Even after its monumental selloff, analysts only see upside to $26 per share.
But there is another stock on the list that may be a bit more interesting for bulls. If our analysis is right,
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Read MoreThe Spotlight
200 Billion Reasons To Buy This Payment Processor
The Shift4 story begins like many tech legends – with founders working out of their parents’ basements. However, in addition to the fact that Shift4 isn’t based in Silicon Valley, there is a key difference between this company and its tech peers. Shift4 wasn’t founded by a college dropout. In fact, its founder didn’t go to college at all.
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