Author: Press Room

Key Takeaways Exxon Mobil believes that over the next decade, low carbon investments could be worth more than their traditional oil producing business Most energy producers are now putting greater investment into green technology, such as biofuels, hydrogen, wind and solar, though it still makes up a minor part of their revenue Oil companies stock has performed very well over the last year with Exxon Mobil stock up 37.21% Exxon Mobil is predicting that the market for low carbon clean energy is going to be worth trillions over the next decade. That might not come as a massive surprise to…

Key Takeaways CPI, PPI And Fed Minutes Later This Week Situation In Taiwan Continues To Escalate Bank Stocks Kick Off Earnings Season It was a quiet week for stocks. Major indices were relatively unchanged on the holiday shortened week, although we are on a 3 week winning streak. Volume was also light with many schools out on break and people out of town. That could all change this week though with a bunch of economic data scheduled to be reported and then banks reporting earnings starting on Friday. Last Friday’s jobs report had investors on edge, not just just because…

Pharmaceutical giant Johnson & Johnson JNJ wants to do a one-time lump sum payment of at least $8.9 billion to thousands of talc-powder claimants. J&J is still facing more than 38,000 cases that allege its talc products including baby powder caused cancer. For Black women, who were selected by J&J as “the right place” to sell more baby powder to, specifically targeting “under-developed geographical areas,” this is perhaps an opportunity for financial reciprocity. The Breakdown You Need To Know: J&J planned to dance a “Texas two-step” through its subsidiary, LTL Management, as part of a legal strategy that allows companies…

Check out the companies making headlines in premarket trading.Micron Technology – Shares jumped more than 6% following news that Samsung Electronics plans to cut memory chip production near term. Many Wall Street analysts said the move could accelerate a recovery within the memory chip industry.Pioneer Natural Resources – The stock popped 7% before the bell after the Wall Street Journal reported that Exxon Mobil has held informal talks to acquire Pioneer. Exxon shares fell 0.6%.Tesla – The electric vehicle stock fell nearly 2% before the bell. Tesla said it plans to build a “megapack” battery factory in Shanghai and cut…

Police in Japan have arrested two men for contaminating a communal bowl of pickled ginger at a fast food restaurant, after a video of the prank was shared widely on social media. The arrests come as similar acts involving food, dubbed online as “#sushitero” or “#sushiterrorism”, appear to be becoming more commonplace. Previously, the pranks had mostly affected the country’s famous sushi conveyor belt restaurants, prompting questions about their future. Ryu Shimazu, 35, and Toshihide Oka, 34, were accused of obstruction of business and property damage, Osaka police told CNN, after the duo used their own chopsticks to eat red…

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Sovereign funds and other entities in Saudi Arabia, Qatar, and the UAE are pouring millions into US media and entertainment. US media players are jetting to the Gulf States seeking investment as interest rates climb at home. Insider identified some key people connecting Middle East investors with American companies. Relations between American businesses and their Middle Eastern counterparts are flowing again. It’s been five years since Washington Post columnist Jamal Khashoggi was murdered at the Saudi Arabian consulate in Istanbul, stoking outrage in the US, but many entertainment players think it’s time to move on. There’s been a steady trickle of…

Steph Mi is an OnlyFans creator who has been on the platform since 2018. In January, she launched an OFTV show, “Golf With Mi.” Here are some other the ways she has built her account to earning over $73,000 in a month.  To get the attention of OnlyFans executives and land an OFTV show, it can help to do something big.Take OnlyFans creator Steph Mi as an example: In November, she launched an airplane banner over a Phillies baseball game with the her OnlyFans link, “ONLYFANS.COM/STEPHMI.” The gambit worked. An OnlyFans exec emailed her a few weeks later to discuss…

It has been some time since we covered AvalonBay Communities, Inc. (NYSE:AVB). On our last take, we preferred to stay out of this REIT as the high multiples were just too rich for our blood. We also expected REIT investors to face a harsher climate from higher interest rates. Specifically we wrote. AVB is a solid long-term play on the residential market. Current valuation metrics are on the higher side, but whether you get it cheaper will depend on where the 10-year Treasury rate goes. We think significantly higher rates are in the offing in the next 12 months and…