Ormat Technologies Secures Up to $35 Million in US DOE Geothermal Funding
MT newswire2026/09/24 21:14Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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The Trump administration has announced the launch of an 8 billion USD "Harvest Fuel Relief Program," which will provide one-time subsidies to help farmers offset higher diesel costs resulting from tensions in the Middle East. The program distributes funds according to a unified formula and will only partially compensate for losses. Analysts point out that this move is a political measure aimed at consolidating agricultural state votes ahead of the midterm elections, and question the feasibility of the funding.
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CoreWeave (CRWV.US) plunges 15%: Citi (C.US) says rate pressures hit Neocloud, Microsoft (MSFT.US) cash flow advantage stands out
CoreWeave plunged 15% in a single day, triggering market volatility. Citi analyst Tyler Radke pointed out that high borrowing costs are severely impacting Neocloud companies that rely on debt financing. In contrast, Microsoft demonstrates notable resilience during the AI funding tightening cycle thanks to its strong free cash flow and debt-free advantage.
SoftBank Group’s credit risk rises to a four-year high, as AI bets and acquisition rumors heighten leverage concerns
Due to increased market concerns over AI-related financing and potential large-scale acquisitions, SoftBank Group's credit risk indicator—the credit default swap (CDS)—has risen to its highest level in nearly four years.
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