Fervo Energy announced that its Sawtooth 7 well, the ninth using its advanced 3.0 design, reached a depth of 19,448 feet with a 7,500-foot lateral in just 21 days, setting a new company drilling pace record. This achievement marks a 70% reduction in drilling time compared to their first commercial well in 2022, despite the well being deeper, hotter, and longer. The improved drilling efficiency and well design are expected to increase power output and reduce costs, with Cape Phase II aiming to deliver geothermal power at $5,500 per kilowatt and a long-term goal of $3,000 per kilowatt. This progress supports Fervo's strategy to make geothermal energy a cost-competitive, reliable clean power source.
Wedbush rang the closing bell at Cboe Global Markets to mark 18 years as a Cboe member, celebrating a partnership focused on innovation and market integrity. Since joining in 2008, Wedbush has supported the evolution of financial markets through new ...
The New Civil Liberties Alliance (NCLA) filed an appeal to revive a lawsuit against the Biden Administration and private companies for censoring social media posts by individuals injured by Covid vaccines. Plaintiffs, including vaccine-injured indivi...
Columbus Circle Capital Corp III announced the pricing of its initial public offering (IPO) of 20 million units at $10 each, raising $200 million. The units will begin trading on the Nasdaq Global Market under the symbol "CCCTU" on July 9, 2026. Each...
The global golf simulators market, valued at $2.4 billion in 2025, is projected to grow to $5.5 billion by 2035 at an 8.6% CAGR. Growth is fueled by technological improvements, increased commercial and residential use, and rising demand for indoor go...
Aimei Health Technology Co., Ltd. has terminated its business combination agreement with United Hydrogen Group Inc. due to failure to complete the merger by the agreed deadline. The termination was effective immediately as the closing did not occur b...
