Asia markets mixed as Fed minutes signaled more hikes ahead; Bank of Korea holds rates
Asia markets are trading mixed after the release of the FOMC minutes from the U.S. Federal Reserve
CNBC Daily Open: Markets fall as the Fed shows no sign of pivoting away from interest rate hikes
Minutes from the Federal Reserve’s last meeting suggest ongoing interest rate hikes. Some officials even advocated for a half-point increase.
After Mexican government cracked down on solar geoengineering, startup lets off balloons in Nevada
The solar geoengineering startup released balloons in Nevada after having its plans to release sulfur dioxide in Mexico thwarted by the Mexican government.
Jim Chanos says he’s still betting against Coinbase even with a 70% rally this year
Jim Chanos said Wednesday that he’s still short Coinbase even as shares of the crypto exchange rallied a whopping 70% this year alone.
Lucid’s revenue falls short of estimates as it guides to higher EV production in 2023
Lucid built just 7,000 of its Air luxury sedans last year amid manufacturing challenges but expects to make between 10,000 and 14,000 vehicles in 2023.
UN urged to help foreign seafarers, ships stranded in Ukraine since start of war
The shipping industry is urging UN Secretary-General António Guterres to help sailors and vessels trapped in Ukrainian ports since the Russia war started.
Why a U.S. national electric grid would be great for the climate — and is nearly impossible
A macro grid would decrease the cost of reducing emissions and improve the reliability of the electric grid. But it’s an almost impossible task for the U.S.
China provinces and Florida rank among the world’s most climate-vulnerable areas
Major global industrial and economic centers at risk from rising sea levels, coastal flooding and wildfires, according to The Cross Dependency Initiative (XDI).
This under-the-radar stock has 20% upside and could get a boost during tax season, Wells Fargo says
Tax season is rolling along and that means it’s Intuit’s time to shine, the firm said.
Elon Musk meets with California Gov. Newsom at Tesla’s new engineering headquarters to discuss expansion
Tesla CEO Elon Musk meets with Gov. Gavin Newsom to discuss business expansion in California.
