This year has been the year of the utility. The once stodgy and slow growth world of companies that produce and sell power has become an investor favorite. Of the 11 sectors tracked by S & P 500, utilities are up 18% as a group, behind only tech and communication services. The utility group has also more than doubled returns this year of its close cousin energy, which is being held back by lower oil prices. Demand for power is seeing some of its biggest increases ever, driven by data centers and A.I. The thirst for electricity is so heavy that companies with…
Author: usaeverydaylife
WASHINGTON, DC – NOVEMBER 10: U.S. President Donald Trump shakes hands with U.S. Ambassador to India Sergio Gor, during his swearing-in ceremony in the Oval Office of the White House on November 10, 2025 in Washington, DC. Anna Moneymaker | Getty Images News | Getty ImagesU.S. President Donald Trump faces a fresh test of his political diplomacy with India as longtime loyalist Sergio Gor takes up his post as ambassador in New Delhi, amid tension over trade and Russian oil imports, which have weighed on the two countries’ strategic ties.At Gor’s swearing-in ceremony on Monday, Trump said Washington may soon…
Senate Majority Leader John Thune (R-S.D.) speaks to reporters during the Weekly Senate Policy Luncheon news conference on November 4, 2025 on Capitol Hill in Washington, DC. Tom Brenner | Getty ImagesAs the Senate held a rare Sunday session, the Republican leader said a potential deal was “coming together” on the government shutdown. But there was no guarantee it would end an impasse now stretching to 40 days.Moderate Democrats huddled over the weekend to find a compromise to reopen the government as the shutdown continued to disrupt flights nationwide, threaten food assistance for millions of Americans and leave federal workers…
We’re making three trades on Monday. We’re selling 200 shares of Cisco Systems at roughly $71 each, leaving Jim Cramer’s Charitable Trust with 1,000 shares of CSCO and decreasing its weighting to about 2.1% from 2.28%. We’re buying 80 shares of Corning at roughly $87. After the trade, the Trust will own 520 shares of GLW, increasing its weighting to about 1.2% from about 1%. We’re also buying 10 shares of Meta Platforms at roughly $631, increasing our position to 250 shares of META and its portfolio weighting to about 4.15% from about 4%. Ahead of Wednesday evening’s earnings, we’re…
Pop Mart’s Labubu dolls have captured hearts — and fueled one of China’s hottest stock stories, surging more than 270% since the start of the year to hit a high of 339.8 Hong Kong dollars ($43.71) on Aug. 26. But behind the buzz, a sharp divide has emerged between believers in its emotional-branding power and investors wary of chasing another consumer fad. A team of Chinese consumer analysts at Bernstein, led by Melinda Hu, struck a cautious note on Pop Mart last week, pegging an “underperform” rating on the stock with a target price of 225 Hong Kong dollars. Bernstein…
Isaiah Taylor, CEO, Valar Atomics speaks onstage during the Reindustrialize Conference 2025 on July 16, 2025 in Detroit, Michigan.Tasos Katopodis | Getty Images Entertainment | Getty ImagesAdvanced nuclear reactor developer Valar Atomics raised $130 million in its latest funding round with backing from Anduril Industries founder Palmer Luckey and Palantir Chief Technology Officer Shyam Sankar, the startup said Monday.The fundraising was led by venture capital firms Snowpoint Ventures, Day One Ventures and Dream Ventures. Lockheed Martin board member and former AT&T executive John Donovan also participated. Valar’s total fundraising now totals more than $150 million, according to the company.Doug Philippone,…
Warren Buffett will no longer write the letters that accompany his firm, Berkshire Hathaway’s annual reports, nor will he field questions at the company’s annual shareholder meeting, he wrote in a letter published on Monday.”As the British would say, I’m ‘going quiet,'” he wrote. “Sort of.”Even after Greg Abel takes the reins as Berkshire CEO at yearend, Buffett will continue to share a Thanksgiving message with shareholders — and anyone interested in reading.Interest will no doubt abound. Over his 95 years, Buffett has earned a reputation not only as a legendary investor, but as someone with the secrets to living…
A volunteer displays information on the Supplemental Nutritional Assistance Program (SNAP) at a grocery store in Dorchester, Massachusetts, US, on Monday, Nov. 3, 2025. Mel Musto | Bloomberg | Getty ImagesThe U.S. Department of Agriculture, in a memo late Saturday evening, threatened to enact financial penalties on states that issued full monthly SNAP benefits for November if they don’t “undo” those food stamp payments.The late-night directive from the Trump administration adds to the chaos surrounding the anti-hunger program that serves more than 42 million Americans.The memo, signed by Patrick Penn, Deputy Under Secretary of the USDA’s Food, Nutrition, and Consumer…
This photograph shows a general view of Nexperia headquarters in Nijmegen on November 6, 2025.John Thys | Afp | Getty Images Shares of Wingtech Technology, parent company of chipmaker Nexperia, extended gains on Monday after Beijing agreed to further talks with a Dutch delegation, easing concerns about a global auto supply crunch.Shanghai-listed Wingtech Technology saw its shares jump as much as 6.4% on Monday, according to LSEG data, after surging 9.7% in the final minutes of trading last Friday on signs of de-escalation in a battle over control of the Dutch-based Nexperia.The Chinese Commerce Ministry said in a statement Sunday that…
A Waymo autonomous self-driving Jaguar electric vehicle sits parked at an EVgo charging station in Los Angeles, California, on May 15, 2024.Patrick T. Fallon | AFP | Getty ImagesWaymo has tapped Google executive Steve Fieler as its new chief financial officer, the self-driving company announced on Monday.The new CFO comes as the Alphabet-owned company has been bringing its robotaxi service to more markets in the past year, with plans for further expansion in 2026. Fieler’s appointment also comes as Waymo looks toward its next phase, which could include seeking additional outside investment.”Steve’s extensive experience will be instrumental in guiding us…
