Author: Lamont Traeger

IDEA address: TVn1pUH8FmJSNowYxXJpuqcpPgiDwPx7kr
Tech giants desperate to power AI data centers
20. 9. 2024 No Responses

Tech giants desperate to power AI data centers

The tech industry’s need for more power for data centers running artificial intelligence is now so desperate that companies are turning to nuclear disaster sites, despite the potential risks. Microsoft Corp. and Constellation Energy Corp. said Friday that they had...
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EU’s Borrell to propose sanctions against Israel over West Bank settler attacks
17. 8. 2024 No Responses

EU’s Borrell to propose sanctions against Israel over West Bank settler attacks

The European Union’s top diplomat Josep Borrell says he would propose sanctions against the “enablers” of Israeli settler violence against the Palestinians in the wake of another deadly attack on a village in the occupied West Bank. “Day after day,...
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Glyphosate Detected in Human Semen at 4x Higher Concentrations than in the Blood
19. 5. 2024 No Responses

Glyphosate Detected in Human Semen at 4x Higher Concentrations than in the Blood

Glyphosate was found in the semen of 60% of infertile men in a French study. Concentrations were four times higher in the semen than in the blood. French researchers have detected the herbicide glyphosate in human semen for the first...
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Top 50 Largest Banks
23. 3. 2024 No Responses

Top 50 Largest Banks

In this graphic, Visual Capitalist list the top 50 banks in the world by consolidated assets, based on a 2023 report from S&P Global Market Intelligence. The data represents each bank’s total assets for the most recent period available. According...
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Buffett’s Berkshire Increases Stake in Chevron and Occidental
15. 2. 2024 No Responses

Buffett’s Berkshire Increases Stake in Chevron and Occidental

Warren Buffett’s Berkshire Hathaway portfolio in Q4 2023, as of Dec 31, 2023 was valued as $347.4 billion. Among the notable changes, Berkshire sold out of its entire stake in homebuilder DR Horton (valued at $641MM in Q3), Markel ($234MM), StoneCo...
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A Million Toyota, Lexus Cars Recalled over Airbag Sensor
21. 12. 2023 No Responses

A Million Toyota, Lexus Cars Recalled over Airbag Sensor

Toyota has announced the recall of about a million Toyota and Lexus vehicles from 2020 through 2022 model years. The problem is an incorrectly manufactured sensor in the front passenger seat that could short-circuit, potentially causing the airbag to fail in....
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Polaritons open up a new possibilities in the semiconductor tech
15. 12. 2023 No Responses

Polaritons open up a new possibilities in the semiconductor tech

At the nanoscale of today’s most cutting-edge semiconductors, a phonons don’t remove enough heat. That’s why Purdue University researchers are focused on opening a new nanoscale lane on the heat transfer highway by using hybrid quasiparticles...
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BoE Holds Rates At 15 Year High, Warns “Still Some Way To Go”
14. 12. 2023 No Responses

BoE Holds Rates At 15 Year High, Warns “Still Some Way To Go”

But rate-cut expectations are rising nevertheless. The Bank of England – as was expected – held interest rates steady at 5.25% (in a 6-3 vote – also expected, with Greene, Haskell, and Mann all pushing for another 25bps hike). With rates at...
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JPMorgan: Americans running out of savings
6. 12. 2023 No Responses

JPMorgan: Americans running out of savings

Marko Kolanovic from JPMorgan warned: “It is likely that only the top 1% of consumers by income will be better off than before the pandemic,” he warned, noting the recent surge of credit card and auto loan delinquencies and a...
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Fidelity files for spot Ethereum ETF
17. 11. 2023 No Responses

Fidelity files for spot Ethereum ETF

Fidelity Investment has filed for a spot ether ETF, following its spot bitcoin ETF application. Asset management giant Fidelity Investment has filed for a spot ether ETF, in the footsteps of its spot bitcoin ETF application. “To this point, approval...
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Germany To Bail Out Siemens’ Desperate Wind Turbine Division
11. 11. 2023 No Responses

Germany To Bail Out Siemens’ Desperate Wind Turbine Division

As the top analyst here at the PressClub World predicted a few years ago, the Siemens wind turbine division is now a ‘hot potato’. Siemens Energy, facing significant losses, is in talks for up to 15 billion euros in guarantees,...
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Berkshire Hathaway: Investment Loss of $24.1 Billion, Cash $157 Billion
6. 11. 2023 No Responses

Berkshire Hathaway: Investment Loss of $24.1 Billion, Cash $157 Billion

Warren Buffett’s Berkshire Hathaway reported its first quarterly loss in a year while operating earnings jumped by 40% and the firm’s cash reserves reached a record $157.2 billion. The quarterly loss has been heavily attributed to the company&#8217...
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The Role Of Spike Protein In Myocarditis And Blood Clotting
9. 9. 2023 No Responses

The Role Of Spike Protein In Myocarditis And Blood Clotting

Spike Protein Found in COVID-19-Vaccinated Myocarditis Patients Studies of COVID-19-vaccinated patients diagnosed with myocarditis found spike protein in the patients’ blood and heart muscles but not in those without myocarditis. Found in Blood The full-leng...
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PayPal Launches PYUSD – USD-Backed Stablecoin For Payments Purpose
7. 8. 2023 No Responses

PayPal Launches PYUSD – USD-Backed Stablecoin For Payments Purpose

American financial technology company PayPal launched a new crypto stablecoin called PayPal USD (PYUSD) on Aug. 7. The new US dollar-backed stablecoin will be issued by Paxos Trust Co. and fully backed by United States dollar deposits, short-term Treasurie...
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Germany’s Uniper To Invest $8.8 Billion In Green Energy
1. 8. 2023 No Responses

Germany’s Uniper To Invest $8.8 Billion In Green Energy

German energy giant Uniper, which was bailed out by the government last year, pledged on Tuesday to invest more than $8.8 billion (8 billion euros) in green energy by 2030 as it looks to become a greener energy provider faster than previously...
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