Sustainability Column: How is the Chinese market for geothermal power generation, which Buffett is interested in?

The electric energy hidden underground is becoming a clean resource mine in the eyes of technology giants and conglomerates.

wallstreetcn07:52 ET

The commodity boom came to an abrupt end! Basic metals fell across the board, copper and nickel fell sharply, and crude oil fell three times in a row

The minutes of the Federal Reserve meeting show that the Federal Reserve may postpone interest rate cuts due to continued inflation, thus suppressing market expectations of interest rate cuts, and crude oil prices fell in response. Lun Copper closed down 4.05%, while Lunn Nickel fell 4.4%. Some analysts pointed out that the main reason for the decline in copper prices may be related to investors starting to make a profit settlement after copper prices hit a record high, recent weakness in copper demand, and a possible increase in copper production in Peru in 2024.

wallstreetcnMay 22 19:15 ET

Coal stocks fell in Q1, China Shenhua's revenue increased slightly, and profit fell 14% year on year | Financial News

The first quarter results of coal stocks were poor, and China's Shenhua, the “leading coal and electricity company,” was no exception. Profits fell 14% in the first quarter. On Friday, China's Shenhua released its financial report for the first quarter of 2024. The financial report showed that China Shenhua achieved revenue of 87.647 billion yuan, a slight increase of 0.7% year on year; current profit attributable to the company's owners was 17.760 billion yuan, down 14.1% year on year, mainly due to falling coal prices; and net cash inflow from operating activities was 28.553 billion yuan, a slight year-on-year decline. Judging from the main operating indicators, in the first quarter of 2024, China Shenhua produced 81.3 million commercial coal

wallstreetcnApr 26 09:36 ET

Learn Citadel, Commodities “Arms Race”: AI and Big Data

Russell Hardy, CEO of Vitol, said that trading companies mainly use AI in two ways: one is to improve business efficiency, and the other is to gain trading advantages through stronger analytical capabilities.

wallstreetcnApr 21 21:25 ET

After keeping an eye on the Middle East for a week, oil prices finally “fluctuated” and returned to a “waiting mode”

Although oil prices have never surpassed the high before Iran attacked Israel last weekend, the volume of bullish Brent crude oil options soared to a record high. Brent crude oil futures fluctuated the most in a few months, leaving traders in almost the same situation as a week ago during the weekend, waiting for the next steps of Israel and Iran.

wallstreetcnApr 21 19:05 ET

Zhang Kun's latest quarterly report released: his combination is “resting” and his thoughts are “running wild”

The rules of stock selection in this era have changed

wallstreetcnApr 19 14:35 ET