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A Texas-based power company that only joined the S & P 500 two months ago is the third-best performing stock in the index this year, boosted by the same demand for everything connected to artificial intelligence. Fast forward to today and Vistra stock has soared 139% this year, adding $18.5 billion to its market cap, which now totals $32 billion, according to FactSet data. "We are always surprised when you see a move the size that we've seen, but I think it's been a long time building," Jim Burke, CEO of Vistra, told CNBC's "Closing Bell" Tuesday. Vistra also owns nuclear power plants, one of the most in-demand power sources in the 2024 market because reactors burn no fossil fuel and emit no greenhouse gases . Guggenheim has a buy rating on Vistra stock with a price target of $133, implying 44% upside from Wednesday's close of $92.31.
Persons: Jim Burke, CNBC's, we've, Burke, Vistra, Shahriar Pourreza, Pourreza, they'll, Guggenheim, Vistra hasn't, Mark Nelson, Joseph Dominguez, Constellation's, aren't Organizations: Vistra Corp, Texas Utilities Co, Dynegy Inc, Computer, Nvidia, Nuclear, Guggenheim Securities, Energy, Guggenheim, CNBC, Amazon Web Services, Talen Energy, Constellation Energy, Wall Street, Radiant Energy, Constellation Locations: Texas, Irving , Texas, Dallas, Ohio, Pennsylvania, Energy Harbor, U.S, East Coast
CNN —NASA has launched the first of two research satellites to measure how much heat is lost to space from the Arctic and Antarctica. ET) aboard a Rocket Lab Electron rocket from Rocket Lab’s launch complex in Mahia, New Zealand. Technicians integrate PREFIRE inside the Rocket Lab Electron rocket payload fairing on Wednesday at the company’s facility in New Zealand. Weather and ocean currents move that heat energy toward the poles, where the heat radiates upward into space. The launch date for the second satellite will be announced shortly after the launch of the first satellite, NASA said.
Persons: they’re Organizations: CNN, NASA, Energy Locations: Antarctica, Mahia , New Zealand, New Zealand
Astronomers using data obtained by NASA's now-retired Kepler space telescope have identified seven planets orbiting a star in our Milky Way galaxy, with all of them suffering the wrath of their star - radiant energy - even more brutally than Mercury. This is the second-most planets so far discovered around any star beyond our solar system. All seven are larger than Earth, the biggest of our solar system's four rocky planets, but littler than Neptune, the smallest of our solar system's four gas planets. Scientists have to date identified more than 5,500 exoplanets - planets outside our solar system - and spotted hundreds of stars with multiple exoplanets. "The chance of life on any of these seven planets is indeed pretty remote," Lissauer said.
Persons: NASA's, Jack Lissauer, Kepler, Lissauer, Will Dunham, Rosalba O'Brien Organizations: NASA's Ames Research Center, Planetary Science, Thomson Locations: California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPower struggle: Extreme heat puts strain on electric grid operatorsHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Mark Nelson, managing director of Radiant Energy Fund, discusses America's power grid being tested by record temperatures.
Persons: Brian Sullivan, , Mark Nelson Organizations: CNBC, Radiant Energy
Actor Selma Blair left the competition show "Dancing With the Stars" citing health concerns and spun through the ballroom dance floor for one last graceful waltz Monday evening. I can’t go on with the competition," she told her partner Sasha Farber in a rehearsal room in a pre-recorded clip. Selma Blair, center, with the cast of 'Dancing With the Stars". A post on the "Dancing With the Stars" Instagram page praised the dancers Monday night, saying: "Selma Blair & Sasha Farber gave us a memorable night with a beautiful final performance. Blair has co-starred in a number of films and TV shows, including the 2001 hit “Legally Blonde.” She also opened up about her MS diagnosis in the 2021 documentary, "Introducing, Selma Blair."
Confronted with energy shortfalls into the colder months and years of potential energy uncertainty, one solution has gained traction around the globe: nuclear energy. Many nations, including the United Kingdom, Netherlands, France, and Japan, have begun or reconsidered massive sovereign investment into nuclear power. Reliable, low-cost, and carbon-free, nuclear energy allows these nations to arrest the economic decline from higher energy prices and make progress toward net-zero goals. Compared to other sources of energy, nuclear power is relatively safe — the number of deaths per terawatt hour produced is comparable to wind and solar energy. These are encouraging steps toward getting the West off of Russian energy and helping consumers weather the tough times ahead.
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