- InvestorPlace
You’ve Been Warned! 3 Renewable Energy Stocks to Buy Now or Regret Forever.
We have all heard about the woes of renewable energy stocks these days. Macroeconomic uncertainty has disincentivized consumers and businesses to stop investing in clean energy technologies or infrastructure. Moreover, high interest rates have also severely dented consumer demand for new electric vehicles, which have come with expensive car notes and car insurance. On the earnings side, renewable energy companies tend to be capital expenditure (capex) heavy. With rates as high as they are, highe
- Benzinga
Wall Street Falters Despite Drops In Fed's Favorite Inflation Rate; Energy Stocks, Yields Rise On Trump's Debate Performance: What's Driving Markets Friday?
Wall Street experienced a lackluster session during midday trading in New York, with major indices inching slightly lower despite the arrival of positive inflation data. In May 2024, the Personal Consumption Expenditure (PCE) price index, the Federal Reserve’s key measure of inflation, fell to its lowest level since March 2021, recording an annual rate of 2.6%, which aligned with economists’ predictions. This inflation report further indicates that price pressures are moving towards the Fed’s 2%
- InvestorPlace
The 3 Smartest Solar Stocks to Buy With $1K Right Now
Solar energy is likely to be an integral part of the energy grid in the future. However, solar stocks have not had the best performance over the past 12 months. A lot of this is related to macroeconomic uncertainty we have all been hearing about. Energy prices soared in 2022 due to the Russia-Ukraine war. Back then, solar energy looked like a competitive alternative to oil & gas energy sources. As oil prices normalized in 2023, the allure of various solar energy products began to fade away. More
