Core Insights - Irby Construction Company, SMT Energy, and CenterPoint Energy have initiated the SMT Houston IV project, a 160 megawatt / 320 megawatt-hour Battery Energy Storage System (BESS) in the Houston Zone of the ERCOT market [1][2][3] Project Overview - SMT Houston IV aims to enhance grid reliability and resiliency in Texas by providing fast-response power during peak demand periods, supporting grid stability and renewable integration [2][7] - The project is expected to be completed by early July 2025, with construction commencing this month [4] Company Roles - Irby Construction serves as the Engineering, Procurement, and Construction (EPC) contractor, leveraging its expertise in electrical infrastructure [3] - SMT Energy is the project owner and developer, while CenterPoint Energy acts as the interconnecting utility, integrating the BESS into the broader electrical network of Houston [3] Collaboration and Planning - The project reflects years of planning and collaboration among the involved parties, focusing on safety, quality, and schedule during the construction phase [6] - CenterPoint Energy has recently completed nearly 90% of its overall grid resiliency improvements, further contributing to a more reliable grid [6] Industry Impact - SMT Houston IV will significantly contribute to ERCOT's ancillary services markets, providing high-speed grid balancing and mitigating load volatility and renewable intermittency [7] - Irby Construction has a strong track record in BESS projects, having built over 30 sites since 2019, including the world's largest BESS project at the time [8]

Core Insights - NIO Inc. has shown steady year-over-year improvements in vehicle deliveries but continues to face pressure in the stock market due to a conflict between operational gains and potential new offerings [1] Group 1: Company Performance - NIO Inc. has made consistent improvements in vehicle deliveries on a year-over-year basis [1] - Despite these operational gains, the company's stock performance remains under pressure [1] Group 2: Market Dynamics - There is a noticeable tension between the operational improvements of NIO and the anticipation of new product offerings that could influence market perception [1]

Shares of Better Home & Finance Holding Company (NASDAQ: BETR ) have lost about a third of their value this past year, even as they have risen about 50% from their recent lows. Better is one ofOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know!Analyst’s Disclosure: I/we have no stock, op ...

Live Chat on The Biotech Forum has been dominated by discussion of covered call opportunities in recent quarters. To see what I and the other season biotech investors are targeting as trading ideas real-time, just initiate your two-week no obligation free trial into The Biotech Forum by clicking HERE .Today, we are circling back to ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD ) . I touched base on this mid-cap biopharma early in March. However, there has been a torrent of new data points to analyze since that ...

MercadoLibre (MELI) and Block (XYZ) are well-known names in the growing fintech space. Both companies have gained strong attention for their digital payment solutions. While MercadoLibre is a major player in Latin America through its Mercado Pago platform, Block is known for its Cash App and Square in the United States.Per the Mordor Intelligence report, the fintech market size is estimated at $356.73 billion in 2025. It is expected to witness a CAGR of greater than 14% over the forecast period 2025-2030, r ...

CHICAGO, May 13, 2025 /PRNewswire/ -- JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ:ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.5 billion in portfolio equity and debt investments, announced that on May 6, 2025 its Board of Directors declared a dividend for the second quarter of 2025 of $0.1575 per share. This will be the 54th consecutive dividend paid to its stockholders.The dividend is payable on or around June 27, 2025 to stockholders of record as of June 24, 2025. ...

DETROIT — Shares of Hertz Global plummeted Tuesday morning after the embattled rental car company reported disappointing first-quarter earnings and a $250 million stock offering.Hertz shares were off more than 20% during early morning trading before leveling to be off about 15% to 18% toward the end of the company's Tuesday morning quarterly earnings call that wrapped around 10:10 a.m. ET.Shares of the company were only off roughly 3% heading into the call, following the company's report that came out after ...

MP Materials (MP) reported first-quarter 2025 results on May 8, with revenues rising 25% year over year to $60.8 million. The company achieved record (neodymium and praseodymium) NdPr production and logged the second-highest quarterly output of rare earth oxides (REO). Despite this, shares fell 10% as MP Materials reported a loss of 12 cents per share. It was wider than the Zacks Consensus Estimate of a loss of 10 cents and the year-ago quarter’s loss of 4 cents on higher production costs. Despite the curre ...

TakeTwo Interactive Software (TTWO) is scheduled to release fourth-quarter fiscal 2025 results on May 15.For the fourth quarter of fiscal 2025, TakeTwo expects GAAP net revenues between $1.52 billion and $1.62 billion. It anticipates a GAAP net loss per share of 20 cents to earnings per share of 13 cents.The Zacks Consensus Estimate for TTWO’s fiscal fourth-quarter revenues is pegged at $1.55 billion, indicating growth of 14.73% on a year-over-year basis.The consensus mark for earnings is currently pegged a ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...