Iberdrola to increase stake in Brazilian utility Neoenergia to 84%
Yahoo Finance· 2025-09-11 19:16
Iberdrola has agreed to acquire an additional 30.29% stake in Neoenergia, a Brazilian energy distributor. The Spanish utility will buy the stake from Caixa de Previdência dos Funcionários do Banco do Brasil (PREVI), lifting its interest in Neoenergia to 84%. The agreed deal consideration is 11.95bn reais ($2.2bn), or 32.5 reais per share. This deal is pending regulatory approval, with completion anticipated in the coming months. Neoenergia serves nearly 40 million Brazilians and is the largest distribu ...
Bitcoin Tops $114K as Traders Eye U.S. CPI for Rate-Cut Clues: Crypto Daybook Americas
Yahoo Finance· 2025-09-11 19:15
By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin (BTC) is up around 1.4% in the past 24 hours as investors await key inflation data in the U.S., which could shape expectations for a much-discussed interest-rate cut by the Federal Reserve. Before that hits though, the European Central Bank announces its own interest-rate decision. It's expected to keep rates steady, a surprise move may ruffle a few feathers. Economists are forecasting a modest rise in the U.S. Consumer Price Index ...
5 Things Warren Buffett Wants You To Stop Doing With Your Money
Yahoo Finance· 2025-09-11 19:13
There’s a reason Warren Buffett is called the Oracle of Omaha — and it’s not because the Berkshire Hathaway chairman and CEO possesses a crystal ball. Instead, he relies on clear, common-sense insights about what to do — and what not to do — with your hard-earned money. And he’s not all talk, either: Beyond his investing acumen, Buffett is also well-known for living frugally, even residing in the same Nebraska home he purchased back in 1958. Find Out: The $50 Mistake Warren Buffett Says Everyone Should Avo ...
Rate-Cut Bets Extend Treasury Bond Rally Into CPI Report
Barrons· 2025-09-11 19:12
CONCLUDED Stock Market News From Sept. 11, 2025: S&P 500 Hits New High Last Updated: 11 hours ago Tools Customer Service Rate-Cut Bets Extend Treasury Bond Rally Into CPI Report By Martin Baccardax U.S. Treasury bonds extended their recent rally in early Thursday training, pulling yields on benchmark 10-year notes to the lowest levels since April heading into today's crucial CPI inflation report. A tamer-than-expected reading for producer price inflation over the month of August, as well as the massive revi ...
Lazard CEO Peter Orszag: Expect some upward pressure on core inflation going into early next year
Youtube· 2025-09-11 19:12
Investors awaiting new CPI data at 8:30 a. m. Eastern time.Forecasters are expecting a month- over-month gain of 0.3%. And joining us right now on the economy and the markets is Peter Orzac. He's the CEO of Lazard. He was the director of the Office of Management and Budget under President Obama.And and Peter, thank you for being with us today. Um, let's just talk broadly about the economy after we saw the much cooler than anticipated uh inflation numbers yesterday with PPI. Where do you think the economy st ...
This Underrated Artificial Intelligence (AI) Stock Just Posted Triple-Digit AI Growth for an 8th Straight Quarter
Yahoo Finance· 2025-09-11 19:10
Key Points Alibaba Group Holdings' artificial intelligence products have generated tremendous growth for the company over the past couple of years. The company has its own chatbot, Qwen, and it has also been making custom artificial intelligence chips. Earlier this year, it partnered with Apple to develop artificial intelligence features for the company's iPhones. 10 stocks we like better than Alibaba Group › In recent years, tech companies have experienced significant growth fueled by artificial ...
Nebius to raise $3bn for AI infrastructure expansion
Yahoo Finance· 2025-09-11 19:09
AI infrastructure company Nebius Group is set to raise $3bn through a new offering of convertible notes alongside a simultaneous offering of the company’s Class A shares. The company will utilise the proceeds to support ongoing business expansion, which includes acquiring additional computing resources and hardware, securing strategic land plots, and enlarging its data centre footprint. The funds will also cover general corporate purposes. In a statement, Nebius said: “We believe this will enable us to ...
Klarna's stock jumps 15% in NYSE debut after pricing IPO above range
Youtube· 2025-09-11 19:08
the day before. Check out shares of buy now pay later company CLO. The stock gained 15% yesterday in its trading debut.Clara pricing its IPO at $40 uh share each raising close to $1.4% billion. Now that stock opened yesterday afternoon at $52 at the market close. CLA was valued at about $17 billion.In recent months, the company has talked up its move into banking. It CEO told CNBC the Clara has signed up 700,000 US customers for its new debit card. It's got 5 million people apparently on the waiting list.So ...
Analyst Report: Eaton Corporation PLC
Yahoo Finance· 2025-09-11 19:07
Sign in to access your portfolio Sign in ...
Analyst Report: Oracle Corp.
Yahoo Finance· 2025-09-11 19:07
Sign in to access your portfolio Sign in ...