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Moreover, raising deposit rates can also help small and medium-sized banks to enhance their liquidity position. By attracting more deposits, these banks can reduce their reliance on short-term funding sources and improve their overall stability. This could also provide them with more flexibility in lending and investment activities, enabling them to support economic growth in their local communities.Another option for Barcelona to consider is loaning Fati out to another club to gain valuable playing time and experience. This would enable Fati to continue his development in a competitive environment without the pressure of being a regular starter at Barcelona. A successful loan spell could boost Fati's confidence and form, making him a stronger asset for the club upon his return.
Intuit earnings beat by $0.14, revenue topped estimatesIn recent financial news, a significant shift in lending policies has caught the attention of investors and market analysts alike. With the extension of loan terms and the increase in the maximum financing ratio, stock repurchase loans for equity accumulation have been given a welcome optimization.Global energy executive joins Prometheus Hyperscale to accelerate sustainable data center growth and provide strategic counsel on $10B flagship project in Evanston, Wyoming HOUSTON , Nov. 24, 2024 /PRNewswire/ -- Prometheus Hyperscale, a leading developer of sustainable hyperscale data centres, is delighted to announce the appointment of Bernard Looney as Chairman of the Board of Directors. Mr. Looney, former CEO of BP, brings to the role more than three decades of energy sector expertise – from the frontline to the boardroom. He will provide strategic guidance on the development of the company's growth plans, including its $10B flagship data center in Evanston, Wyoming , which will be among the largest facilities of its kind in the world when completed. The announcement of Mr. Looney's appointment comes as societies and large technology companies grapple with how to power the explosive growth in artificial intelligence (AI). The International Energy Agency (IEA) estimates that by 2026 data centers globally will use over 1,000 terawatt-hours (TWh) annually, around the same as Japan uses today. Against this backdrop of soaring demand and squeezed supply, Prometheus is pioneering new standards in hyperscale data center operations. These approaches include harnessing a variety of energy sources to power its data centers, including renewables, natural gas and possibly nuclear at a later date through our strategic partnership with Oklo. Prometheus aims for its data centers to not impact grid customers. Another key challenge is the enormous amount of power and water used to cool data centers to prevent the servers from overheating. Prometheus Hyperscale uses a unique liquid cooling system that dramatically outperforms traditional air-cooling methods, reducing energy consumption by up to 50%. This system also utilises deep underground water reservoirs and captures the waste heat to reuse or sequester it. It's believed that Prometheus Hyperscale's flagship project will be the first hyperscale data center in the United States to combine liquid heat transfer and heat reuse technologies. Founded by Trenton Thornock , an experienced leader in energy, finance and infrastructure, Prometheus Hyperscale's flagship project in Evanston, Wyoming , promises to be the most advanced sustainable data center in the United States , and one of the largest in the world, when it becomes operational in 2025/26. The 1GW-capacity developed site will cover an area of 640-acres (one square mile), making it approximately three quarters the size of New York's Central Park. Four further sites are currently earmarked across Arizona and Colorado . As Chairman, Mr. Looney will ensure the successful execution of Evanston as well as Prometheus's broader business goals. His appointment comes following the recent announcement that Trevor Neilson , a renowned climate technology entrepreneur and philanthropist, will serve as the company's President. It's estimated that $1 trillion will be invested in the U.S. in data centers in the next five years – with an additional $1 trillion internationally. Trenton Thornock , Founder and CEO of Prometheus Hyperscale commented: "Having Bernard Looney join as Chairman is a tremendous step forward for Prometheus. Bernard's track record and transformative leadership in the energy sector aligns perfectly with our vision for the future of data centers. His insights, as well as his extensive operational and project delivery experience, will be invaluable as we bring our flagship project in Evanston, Wyoming to life and set new benchmarks for sustainable digital infrastructure." Trevor Neilson , President of Prometheus Hyperscale, commented: "Bernard is the perfect person to guide Prometheus as we form partnerships across the energy sector to access low-carbon electrons that will power the future of AI. His extensive industry experience and leadership will be instrumental as Prometheus establishes itself at the forefront of sustainable data center operations." Bernard Looney commented: "I am delighted to join Prometheus Hyperscale at this pivotal moment as the world grapples with the intersection of AI, Energy and Sustainability. Innovative power solutions are desperately needed to ensure that AI is unleashed to tackle some of the biggest global challenges including healthcare, economic growth, and the energy transition. We must work to find solutions that lead to Net Positive AI – where the benefits to our world outweigh any costs. The flagship Evanston project is one such solution and I look forward to lending a helping hand, working alongside Trenton, Trevor, and the entire Prometheus team to help bring this vision to life. I can't imagine a more exciting challenge." Factsheet: Prometheus Hyperscale's Flagship Project in Evanston, Wyoming Prometheus's site in Evanston, Wyoming , aims to redefine sustainable infrastructure in the data center industry, setting a new benchmark for operational excellence and environmental responsibility. Key aspects of the project include: Extensive Land and Power Capacity: The project encompasses a 12,000-acre ranch, including a dedicated 640-acre plot (about 1 square mile) for data center facilities. Prometheus has secured an initial 120 MW of grid power through Rocky Mountain Power, with plans for an additional 120 MW, ensuring robust power availability without curtailment risks. On-Site Renewable and Low-Carbon Power Generation: With an on-site generation goal of over 1 GW, which will make it one of the largest data centers in the world, Prometheus is incorporating a mix of wind, solar and gas power sources. Additionally, the company has a strategic partnership with Oklo focused on next-generation fission-based nuclear power, delivering reliable, sustainable baseload energy to the campus. High-Performance Fiber Connectivity: The Evanston site will connect directly to the Northern transcontinental fiber trunk, offering high-speed, low-latency connections between the East and West Coasts. With agreements for up to 400G of service and plans to scale up to 800G when commercially available, the project is poised to meet the rigorous connectivity needs of AI, cloud, and high-performance computing clients and to be one of the biggest data centers in the world. Cutting-Edge Liquid Cooling Technology: Prometheus's unique liquid cooling systems will be deployed to achieve unparalleled energy efficiency by capturing and reusing waste heat. This innovative solution is specifically engineered for high-performance computing environments and will play a critical role in reducing the carbon footprint of the facility. Strategic Location and Access to Skilled Labor: Located 80 miles from Salt Lake City, Utah , the Evanston site benefits from proximity to a large, skilled workforce, bolstered by a regional Journeyman Lineman program focused on data center operations. This strategic location supports the project's operational and expansion goals while reinforcing Prometheus's commitment to regional economic growth. For more information about Prometheus Hyperscale and its sustainability initiatives, please visit www.prometheushyperscale.com . About Prometheus Hyperscale Prometheus Hyperscale, founded by Trenton Thornock , is revolutionizing data center infrastructure by developing sustainable, energy-efficient hyperscale data centers. Leveraging unique, cutting-edge technology and working alongside strategic partners, Prometheus is building next-generation, liquid-cooled hyperscale data centers powered by cleaner energy. With a focus on innovation, scalability, and environmental stewardship, Prometheus Hyperscale is redefining the data center industry for a sustainable future. SOURCE Prometheus Hyperscale
In the end, the ceremony was not just a formal event but a profound rite of passage for the new soldiers and their families. It was a moment of transition, of transformation, and of growth, as these young men and women took their first steps towards becoming true warriors and defenders of their nation.
Fast fashion may seem cheap, but it’s taking a costly toll on the planet − and on millions of young customers"The Way of the Goddess" is a mystical and captivating game that follows the journey of a young protagonist seeking the guidance and blessings of the ancient goddesses. The game's rich lore, stunning visuals, and immersive gameplay have captured the hearts of players around the world. To enhance the gaming experience even further, customizing the XSX and controller with a design inspired by the game is a perfect choice.
SoFi Technologies, Inc. ( NASDAQ:SOFI – Get Free Report )’s stock price was up 2.2% during mid-day trading on Thursday . The stock traded as high as $16.44 and last traded at $16.38. Approximately 8,949,219 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 47,423,371 shares. The stock had previously closed at $16.02. Analyst Upgrades and Downgrades SOFI has been the topic of a number of research analyst reports. Bank of America reissued an “underperform” rating and issued a $12.00 target price on shares of SoFi Technologies in a research note on Monday, December 9th. Morgan Stanley raised their price objective on SoFi Technologies from $7.50 to $13.00 and gave the company an “underweight” rating in a report on Thursday, December 19th. JPMorgan Chase & Co. boosted their target price on SoFi Technologies from $9.00 to $16.00 and gave the stock a “neutral” rating in a research report on Monday, December 2nd. Needham & Company LLC increased their price target on shares of SoFi Technologies from $10.00 to $13.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. Finally, Mizuho boosted their price objective on shares of SoFi Technologies from $14.00 to $16.00 and gave the stock an “outperform” rating in a report on Tuesday, November 19th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $11.04. Check Out Our Latest Stock Analysis on SOFI SoFi Technologies Price Performance SoFi Technologies ( NASDAQ:SOFI – Get Free Report ) last announced its quarterly earnings results on Tuesday, October 29th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. SoFi Technologies had a return on equity of 3.71% and a net margin of 8.38%. The company had revenue of $697.10 million for the quarter, compared to the consensus estimate of $631.59 million. During the same quarter in the previous year, the business earned ($0.03) EPS. SoFi Technologies’s revenue was up 29.8% compared to the same quarter last year. On average, research analysts expect that SoFi Technologies, Inc. will post 0.12 EPS for the current fiscal year. Insider Activity at SoFi Technologies In related news, CTO Jeremy Rishel sold 64,991 shares of SoFi Technologies stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of $15.72, for a total transaction of $1,021,658.52. Following the sale, the chief technology officer now directly owns 586,494 shares in the company, valued at $9,219,685.68. The trade was a 9.98 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, EVP Kelli Keough sold 9,590 shares of the company’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $14.56, for a total value of $139,630.40. Following the completion of the sale, the executive vice president now directly owns 142,613 shares in the company, valued at approximately $2,076,445.28. The trade was a 6.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold a total of 26,009,264 shares of company stock worth $416,889,795 over the last quarter. Corporate insiders own 2.60% of the company’s stock. Institutional Trading of SoFi Technologies Hedge funds and other institutional investors have recently modified their holdings of the business. World Investment Advisors LLC lifted its position in SoFi Technologies by 6.5% during the 3rd quarter. World Investment Advisors LLC now owns 21,745 shares of the company’s stock valued at $171,000 after acquiring an additional 1,336 shares during the period. Virtu Financial LLC purchased a new position in shares of SoFi Technologies during the third quarter valued at approximately $1,649,000. Coldstream Capital Management Inc. bought a new stake in shares of SoFi Technologies in the 3rd quarter worth approximately $93,000. Geode Capital Management LLC grew its stake in shares of SoFi Technologies by 2.1% in the 3rd quarter. Geode Capital Management LLC now owns 17,619,084 shares of the company’s stock worth $138,523,000 after buying an additional 358,806 shares during the last quarter. Finally, M&T Bank Corp raised its stake in SoFi Technologies by 5.4% during the third quarter. M&T Bank Corp now owns 45,582 shares of the company’s stock valued at $359,000 after buying an additional 2,332 shares during the last quarter. 38.43% of the stock is owned by hedge funds and other institutional investors. About SoFi Technologies ( Get Free Report ) SoFi Technologies, Inc provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money. Featured Articles Receive News & Ratings for SoFi Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SoFi Technologies and related companies with MarketBeat.com's FREE daily email newsletter .In the world of football, defenders are often referred to as the "silent heroes," the unsung guardians of a team's success. They are the last line of defense, the ones tasked with keeping opponents at bay and protecting their goal at all costs. However, for one particular Argentinian defender at Manchester United, his once solid reputation as a defensive rock has slowly crumbled under the weight of consecutive errors, leading to intense scrutiny and questioning of his performance.November 24 - On Saturday, the Tampa Bay Lightning faced a club they met in a recent Stanley Cup Final when they played against the Dallas Stars. They get a chance to do so again to start Thanksgiving week when the Lightning play host the Colorado Avalanche on Monday night. While Tampa Bay did get past the Stars to win the title in 2020, coach Jon Cooper's team was unable to fight through injuries in the 2022 Final that slipped away to the Avalanche in six games. Offensive spark plug Brayden Point missed most all of that postseason. The 13th-year Lightning coach is combatting new enemies these days. "One team tried to make six passes and put the puck in the net and turned it over, and the other team made two passes and threw it in the net," Cooper said after Saturday's 4-2 home loss, while comparing his team to the Stars. "One team waited for the other team to make a mistake, they did, and that team capitalized on it. That was it. "We blinked first and we lost." The Lightning's Anthony Cirelli scored twice and extended his goal streak to five games, but Dallas forward Matt Duchene broke a 2-2 tie in the third period and Roope Hintz scored 58 seconds later to sink the Lightning and drop them to 3-4-2 in November. Cooper's frustrations in his group's pass-first play have been noted, but they seemed to reach a boiling point after a second straight setback. "It's almost like the goals don't count unless they make the highlight reel," Cooper said. "We haven't quite figured out that if the puck just crosses the goal line in between the pipes, it counts. It doesn't have to be an all-world play." As they get healthier, the Avalanche demonstrated Saturday against the defending Stanley Cup champions that they have no problem scoring. Mikko Rantanen notched a goal and three assists as Colorado powered past the Florida Panthers in a 7-4 victory. Wingers Valeri Nichushkin (suspension) and Jonathan Drouin (upper-body injury) were playing their fourth games since returning from season-long absences and had their best showings so far. A power forward, Nichushkin notched a goal and two assists, while the slick Drouin scored twice, the first tallies for each this season. Drouin was injured six weeks ago on opening night while playing left wing on the top line against the Vegas Golden Knights and missed 16 games. He said he and his teammates followed the lead of the champion Panthers. "I thought we played well after giving up that first goal," Drouin said. "We tried to play a little how they do: Put the puck in deep, try to make them come 200 feet to our net. I don't think we made many mistakes in that game." The Avalanche are on a three-game winning streak and are 7-3-0 this month. That surge has them in fourth place in the Central Division behind the first-place Winnipeg Jets, Minnesota Wild and Stars, respectively. Colorado turned defense into offense in the win. "We shut down the rush attack and that is important to get above them because they are a dangerous rush team," Avalanche coach Jared Bednar said. "They push north hard. For most of the game, we did a real good job of that. Our defensive play led to good offense." --Field Level Media Our Standards: The Thomson Reuters Trust Principles. , opens new tab
Maryland is suing the company that produces the waterproof material Gore-Tex often used for raincoats and other outdoor gear, alleging its leaders kept using “forever chemicals” long after learning about serious health risks associated with them. The complaint, which was filed last week in federal court, focuses on a cluster of 13 facilities in northeastern Maryland operated by Delaware-based W.L. Gore & Associates. It alleges the company polluted the air and water around its facilities with per- and polyfluoroalkyl substances , jeopardizing the health of surrounding communities while raking in profits. The lawsuit adds to other claims filed in recent years, including a class action on behalf of Cecil County residents in 2023 demanding Gore foot the bill for water filtration systems, medical bills and other damages associated with decades of harmful pollution in the largely rural community. “PFAS are linked to cancer, weakened immune systems, and can even harm the ability to bear children,” Maryland Attorney General Anthony Brown said in a statement. “It is unacceptable for any company to knowingly contaminate our drinking water with these toxins, putting Marylanders at risk of severe health conditions.” Gore spokesperson Donna Leinwand Leger said the company is “surprised by the Maryland Attorney General’s decision to initiate legal action, particularly in light of our proactive and intensive engagement with state regulators over the past two years.” “We have been working with Maryland, employing the most current, reliable science and technology to assess the potential impact of our operations and guide our ongoing, collaborative efforts to protect the environment,” the company said in a statement, noting a Dec. 18 report that contains nearly two years of groundwater testing results. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
Heat say Jimmy Butler will miss 2 more games before rejoining team next weekBarclays PLC Increases Stock Holdings in Semrush Holdings, Inc. (NASDAQ:SEMR)