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☆ Investors should brace for uncertainty after Tuesday's elections, according to RBC. Here's what they should buy if Republicans gain power or Democrats complete an upset win.
▼ + stars: | 2022-11-09 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

Election nights and morning-afters are becoming wild times in the stock market as traders track the results race by race or county by county and assess the implications. That could continue Wednesday as it was too early to determine whether Democrats or Republicans will end up with control of the House of Representatives or the Senate. Also positive for stocks is the potential for divided government, with Democrats in control of the White House and Republicans holding at least one house of Congress. Republicans could still control Congress, but on Tuesday that wave was well short of what they, and many pundits, had expected. Dozens of races haven't been called, and it's possible that the Georgia Senate race will go to a runoff election.

☆ Republican incumbent Sen. Mike Crapo faces off against Democrat David Roth in Idaho's US Senate election
▼ + stars: | 2022-11-08 | by ( Hanna Kang | ) www.businessinsider.com time to read: +4 min

Sen. Mike Crapo is running against Democrat David Roth to represent Idaho in the US Senate. Idaho's Senate race candidatesFirst elected in 1998, Crapo has served in Congress for nearly a quarter of a century. Prior to entering Congress, the native Idahoan served for nearly a decade in the Idaho State Senate and for three terms in the US House. Roth unsuccessfully ran for the Idaho State Legislature in 2020. Idaho's voting historyThe state voted for then-President Donald Trump over Joe Biden by a margin of about 30 percentage points in the 2020 election.

☆ How the U.S. midterms could ripple through the stock market
▼ + stars: | 2022-11-07 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +5 min

Regardless of the winner, past midterm elections have ushered in a period of positive market performance, something investors would welcome after a year in which the S&P 500 has declined by nearly 21%. The S&P 500 aerospace and defense index (.SPLRCAED) is up nearly 10% this year. HEALTHCAREPharmaceutical and biotech stocks may benefit in a Republican victory, after Democrats recently pushed through a law aimed at lowering prescription drug prices. The S&P 500 healthcare sector (.SPXHC) is down some 7% in 2022, while the S&P 500 pharmaceuticals index (.SPLRCCARG) is up about 1%. Therefore Republican victory in the House or Senate "probably means a legislative standstill, implying an incremental positive for the category," the said.

☆ Twitter early investor Chris Sacca says Elon Musk is 'alone right now and winging this'
▼ + stars: | 2022-11-07 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +2 min

In a tweet thread on Monday, Sacca said he's always admired Musk and he referred to electric carmaker Tesla as "world positive." "His success to date is not an accident," Sacca wrote to his 1.6 million followers. But the challenges that come with running a popular social-messaging service like Twitter require a level of nuance and human understanding that Musk so far has not demonstrated, Sacca wrote. "Batteries and motors and rockets and tunnels and solar panels have definitively right and wrong answers," Sacca wrote. The "hard truth" for Musk is that "he is straight-up alone right now and winging this," Sacca wrote.

☆ Why the energy stock rally can keep going in 2023-24 after a 60% surge this year, according to the ETF strategy lead at $18 billion SS&C ALPS
▼ + stars: | 2022-11-02 | by ( Marley Jay | ) www.businessinsider.com time to read: +3 min

Energy stocks have been the biggest winners in the stock market over the last year. While nothing lasts forever, there are good reasons to think energy stocks still have plenty of bright days ahead of them, according to Paul Baiocchi. The S&P 500's energy sector is up about 60% so far this year, a remarkable result with the overall S&P 500 down nearly 20% year-to-date. Along with energy companies, he says that value stocks are better positioned than growth stocks in this higher-interest rate environment. And if energy can continue to outperform, it would be a dramatic change considering how bearish investors were about energy companies just a few years ago.

☆ Bank of America believes this solar stock — already up more than 60% this year — has more room to run
▼ + stars: | 2022-10-31 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

First Solar stock still has room to run even after advancing more than 60% this year, according to Bank of America. Analyst Julien Dumoulin-Smith raised his price objective on First Solar, and reiterated a buy rating on the Arizona-based company, after its latest earnings results. Some investors have expressed concern that growth expectations for First Solar may be overdone after the solar stock surged more than 60% this year. Still, Bank of America remains bullish on First Solar, as it is "almost fully booked through 2026," and expands its "competitive positioning" overseas. If anything, we expect FSLR to leverage bridge financing to ensure near-term liquidity, which FSLR will pay down following PTC receipt.

☆ Climate Change Is Real. Markets, Not Governments, Offer the Cure. - The New York Times
▼ + stars: | 2022-10-28 | by ( Bret Stephens | Mr. Stephens Is An Opinion Columnist. Mr. Winter Is A Staff Photographer On Assignment In Opinion. | ) www.nytimes.com time to read: +32 min

worse-case, highest-carbon-emission scenario.” (The Intergovernmental Panel on Climate Change is the U.N. body that assesses climate change.) How do we weigh the risks of underreacting to climate change against the risks of overreacting to it? While he’s not an expert on climate change, he has spent decades thinking deeply about every manner of risk. That’s particularly true if climate change is akin to cancer — manageable or curable in its earlier stages, disastrous in its later ones. Maybe, I realized, in assessing my newfound concerns about climate change, my long-held beliefs might provide a solution — look to the market.

☆ Western economies rediscover meaning of scarcity
▼ + stars: | 2022-10-27 | by ( Edward Chancellor | ) www.reuters.com time to read: +8 min

Western companies, which outsourced production to China and other emerging markets, found themselves less constrained by their domestic workforces. China’s rising exports lowered the prices of traded goods, dampening inflationary pressures and allowing Western central banks to cut interest rates to their lowest levels in history. In the 1970s, economists worried that fiscal deficits would lead to higher interest rates and lower investment. Western governments now face constraints that are common in developing countries, relating to fiscal policy, inflation and financial stability. To reduce the burden of their war debts, governments in Europe and the United States held interest rates below inflation.

☆ Oman's sovereign wealth fund eyes tech investments in UK
▼ + stars: | 2022-10-26 | by ( Hadeel Al Sayegh | ) www.reuters.com time to read: +2 min

RIYADH, Oct 26 (Reuters) - Oman's sovereign wealth fund, the Oman Investment Authority, is considering investing in the United Kingdom's technology sector to take advantage of valuations hit by rising interest rates and the fall in sterling, an OIA executive said on Wednesday. Ibrahim Al Eisri, director general of private equity at OIA, told Reuters the wealth fund was looking at unlisted technology firms in the UK and expanding them. The UK's economy is experiencing a cost-of-living crisis as Rushi Sunak became its third prime minister in two months on Tuesday. The fund is focused on alternative energy technology, logistics and messenger-RNA technology used in some COVID-19 vaccines. Reporting by Hadeel Al Sayegh in Riyadh; Writing by Hadeel Al Sayegh and Yousef Saba in Dubai; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

☆ Inflation is dominating the conversation on earnings calls. Here's what execs are saying
▼ + stars: | 2022-10-24 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

One thing's clear at the start of the corporate earnings season: Inflation is still a hot topic for companies. The consumer price index increased 0.4% in September, which was a hotter reading than the 0.3% expected by Dow Jones, according to the Bureau of Labor Statistics. It was at 0.6% without food and energy factored in, which was also above Dow Jones' estimate of 0.4%. That was similarly above the Dow Jones expectation of 0.2%. The company beat earnings per share expectations for the third quarter but revenue came in lower than analysts anticipated.

Amid resistance from France, Spain and Italy had previously broached the idea of building an underwater pipeline between the two countries. Iberdrola, which is building Europe's largest green hydrogen plant in Puertollano in central Spain, declined to comment on the pipeline announcement. Cepsa CEO Maarten Wetselsaar told Reuters the agreement put Spain at the heart of Europe's plan to diversify away from Russian energy. As for natural gas, Spain has six terminals allowing it to bring in liquefied natural gas and convert it into its gaseous form, and three storage facilities, while Portugal has one. The United States and Nigeria are among key suppliers of LNG to Spain, which also receives piped gas from Algeria.

☆ Susquehanna says these two solar energy names can rally as adoption grows
▼ + stars: | 2022-10-17 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Two solar power providers stand to gain as the alternative energy type becomes more in vogue, Susquehanna said. Analyst Biju Perincheril initiated Sunnova Energy and SunPower as positive. Rising utility costs have helped increase demand for both 2022 and 2023 despite some moderation from a California tax credit step down, Perincheril said. The move toward electric vehicles will in turn help adoption of solar, Perincheril noted, as electricity requirements for car charging are easier to meet with solar. Solar is becoming increasingly popular as consumers look to long-term savings despite up-front costs.

☆ Germany needs to tackle inflation threat, wants transparency from China - Lindner
▼ + stars: | 2022-10-13 | by ( Andrea Shalal | ) www.reuters.com time to read: +3 min

Inflation can bring that foundation to erosion," Lindner said in Washington. Speaking alongside Bundesbank President Joachim Nagel, Lindner said Germany has the means to address its weaknesses, including by investing in alternative energy resources. China has argued it would not take part in some cases unless the IMF and World Bank also took a haircut. "I have used the opportunity again to remind creditors, in particular China, of their own responsibility," Lindner said. It's regrettable that China did not accept the invitation to participate in the G7 roundtable with African countries.

☆ Germany needs to tackle inflation threat, wants fairness from China - Lindner
▼ + stars: | 2022-10-13 | by ( Andrea Shalal | ) www.reuters.com time to read: +1 min

"Inflation is the biggest danger for our economic foundation, inflation can bring that foundation to erosion," Lindner said in Washington. Register now for FREE unlimited access to Reuters.com RegisterThe latest forecasts suggest Germany is on the brink of recession and the central bank sees inflation staying at over 7% next year. Speaking alongside Bundesbank President Joachim Nagel, Lindner said German growth had slipped behind other countries because it was especially vulnerable to Europe's energy crisis and supply chain disruptions. Germany has the means to address its weaknesses, including by investing in alternative energy resources, Lindner said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Andrea Shalal; writing by Matthias Williams, Editing by Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.

☆ Here’s our October rapid-fire update on all 34 stocks in Cramer’s Charitable Trust portfolio
▼ + stars: | 2022-10-13 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +13 min

Here's a rapid-fire update on every stock in the CNBC Investing Club portfolio. For Club members who are seeking income, we think a stock like Devon represents a better option than, say, AbbVie. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ SunRun is the aluminum siding of the 21st century, says Jim Chanos
▼ + stars: | 2022-09-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSunRun is the aluminum siding of the 21st century, says Jim ChanosLegendary investor Jim Chanos and Carson Block, investor and founder of Muddy Waters Research, join CNBC's Dominic Chu at the Delivering Alpha conference to discuss investing in alternative energy given the focus following the Inflation Reduction Act.

☆ TotalEnergies to ramp up LNG production, pay special dividend
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +1 min

PARIS, Sept 28 (Reuters) - French oil major TotalEnergies (TTEF.PA) plans to increase net investments and ramp up production of liquefied natural gas as Europe scrambles to find alternative energy supplies to Russia. Register now for FREE unlimited access to Reuters.com RegisterIt said it would grow sales of LNG by 3% a year through 2027 and increase LNG production by 40% from 2021 to 2030. The group at the weekend announced a big investment in an LNG facility in Qatar as it seeks to diversify away from Russia. The company also said it would maintain its $7 billion share buy-back program for 2022 and pay a special interim dividend of 1 euro per share in December of this year. Register now for FREE unlimited access to Reuters.com RegisterReporting by Benjamin Mallet, writing by Silvia Aloisi, editing by Richard LoughOur Standards: The Thomson Reuters Trust Principles.

CNN —Leaders of several Western countries have said leaks in two Russian gas pipelines are likely the result of sabotage, vowing a strong response as investigations continue. “The destruction that occurred on the same day simultaneously on three strings of the offshore gas pipelines of the Nord Stream system is unprecedented,” said the pipeline’s operator Nord Stream AG. The incident has sank any remaining expectations that Europe could receive gas via Nord Stream 1 before the winter, as gas prices soar and countries hunt for alternative energy supplies. Russia halted all gas supplies to Europe via Nord Stream 1 in August, blaming Western sanctions for causing technical difficulties – which European politicians say is just a pretext to stop supplying gas. The new Nord Stream 2 pipeline had not yet entered commercial operation.

☆ How Germany's industrial giants are preparing for winter
▼ + stars: | 2022-09-27 | by ( Victoria Waldersee | ) www.reuters.com time to read: +7 min

Some industrial giants in particular gas-heavy industries like chemicals have begun shifting production and sourcing from elsewhere, while others are switching from gas to coal or oil - spelling trouble for their carbon footprint. read moreBMW (BMWG.DE)BMW consumes around 3,500 gigawatt hours (GWh) of energy annually in Germany and Austria, three-quarters of which comes from natural gas. The carmaker can reduce its gas intake by at least 15% compared to last year, the company's chief financial officer said on Monday. LINDEThe world's largest industrial gas company said in July it produced gases which were critical from a medical or process safety perspective and so believed it would be prioritised for gas allocation from Germany' government. read moreA spokesperson declined to provide further information, saying an update would be provided later in October in line with third quarter results.

However, it remained far from clear who might be behind any foul play, if proven, on the Nord Stream pipelines that Russia and European partners spent billions of dollars building. Poland's prime minister blamed sabotage for the leaks, without citing evidence, while the Danish premier said it could not be ruled out. Operator Nord Stream said the damage was "unprecedented". CUTTING SUPPLIESRussia reduced gas supplies to Europe via Nord Stream 1 before suspending flows altogether in August, blaming Western sanctions for causing technical difficulties. The new Nord Stream 2 pipeline had yet to enter commercial operations.

"The destruction that occurred on the same day simultaneously on three strings of the offshore gas pipelines of the Nord Stream system is unprecedented," said network operator Nord Stream AG. Gazprom (GAZP.MM), the Kremlin-controlled company with a monopoly on Russian gas exports by pipeline, declined to comment. Danish Defence Command/Handout via REUTERS Read MoreRussia slashed gas supplies to Europe via Nord Stream 1 before suspending flows altogether in August, blaming Western sanctions for causing technical difficulties. The new Nord Stream 2 pipeline had yet to enter commercial operations. European gas prices rose on the news of the leaks, with the benchmark October Dutch price up almost 10% on Tuesday.

☆ Mystery leaks hit Russian undersea gas lines, raising European suspicions
▼ + stars: | 2022-09-27 | by ( ) www.nbcnews.com time to read: +3 min

European countries on Tuesday raced to investigate unexplained leaks in two Russian gas pipelines running under the Baltic Sea near Sweden and Denmark, infrastructure at the heart of an energy crisis since Russia’s invasion of Ukraine. “The destruction that occurred on the same day simultaneously on three strings of the offshore gas pipelines of the Nord Stream system is unprecedented,” said network operator Nord Stream AG. Gazprom, the Kremlin-controlled company with a monopoly on Russian gas exports by pipeline, declined comment. Russia slashed gas supplies to Europe via Nord Stream 1 before suspending flows altogether in August, blaming Western sanctions for causing technical difficulties. The new Nord Stream 2 pipeline had yet to enter commercial operations.

☆ Nord Stream: Mystery leaks hit Russian gas pipelines to Europe
▼ + stars: | 2022-09-27 | by ( ) edition.cnn.com time to read: +4 min

Sweden’s Maritime Authority issued a warning about two leaks in the Nord Stream 1 pipeline, shortly after a leak on the nearby Nord Stream 2 pipeline was discovered that had prompted Denmark to restrict shipping in a five nautical mile radius. “The destruction that occurred on the same day simultaneously on three strings of the offshore gas pipelines of the Nord Stream system is unprecedented,” said network operator Nord Stream AG. Gazprom, the Kremlin-controlled company with a monopoly on Russian gas exports by pipeline, declined comment. Russia slashed gas supplies to Europe via Nord Stream 1 before suspending flows altogether in August, blaming Western sanctions for causing technical difficulties. The new Nord Stream 2 pipeline had yet to enter commercial operations.

☆ Sales of heated blankets and portable heaters are soaring in Europe despite a record heatwave, as people try to avoid sky-high winter fuel bills
▼ + stars: | 2022-08-25 | by ( Kate Duffy | Jyoti Mann | ) www.businessinsider.com time to read: +4 min

Europeans are rushing to buy portable heaters and heated blankets ahead of energy bill hikes this winter. Portable electric heaters sales from two Swiss retailers are up 300% this year, per Tagesanzeige. Sales of portable electric heaters from Swiss retailers Microspot and Interdiscount are up 300% this year compared with 2021, a spokesperson told Swiss newspaper Tagesanzeige. The companies sold the most of the heaters in July, the spokesperson told Tagesanzeige. The spokesperson told Insider that: "The following is speculation, but in Switzerland we are currently expecting gas shortages in winter.

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