Rio Tinto has secured a long-term power agreement for its Tomago aluminium smelter in Australia, ensuring operations until 2038 with a transition to 100% renewable electricity by 2033. The A$1.1 billion investment includes A$100 million for decarbonisation, expected to cut carbon emissions by 7.1 million tonnes annually. This deal supports Australian manufacturing, skilled jobs, and supply stability, while aligning with Rio Tinto's goal to halve emissions by 2030. The new 10-year power purchase agreement starts after the current contract ends in 2028.
Yvonne Wassenaar, a director at Rubrik, sold 721 shares at a price of $75 each just before the company's stock experienced a significant rally. This sale occurred ahead of the stock's upward movement, which may be of interest to investors tracking in...
Gold and silver prices increased in early U.S. trading following a surprise 0.6% drop in July retail sales, which strengthened market expectations that the Federal Reserve may hold interest rates steady in September. The softer consumer data, combine...
Clover Health (CLOV) reported significant growth with a 48% year-over-year increase in Medicare Advantage membership, 56% revenue growth, and 54% gross profit growth. This performance is driven by cohort maturation and the Clover Assistant platform. ...
Celcuity Inc. is rated a Buy following the FDA approval of its cancer drug REVTORPYK/gedatolisib and its rapid inclusion in NCCN Category 1 guidelines, which reduce risks for clinical and commercial adoption. The company has made significant upfront ...
Tapestry, owner of Coach and Kate Spade, beat Q4 revenue and earnings expectations but saw its stock fall 16.5% due to cautious FY2027 guidance. Revenue rose 8.9% to $1.88 billion and EPS beat estimates at $1.32, with margin expansion. However, the g...
