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03Aug2021 Market Close: Wall Street Closed Sharply Higher After Morning Rout, DOW Up 278 Points, Nasdaq Up 0.6%, Bitcoin Slips 37900, Dogecoin Lower $0.19


Goldman says stagflation risk rising, hedge for large equity drawdown (SPY +0.8%). Stocks tanked in the pre-market before Factory Orders printed with better than expected but entirely decoupled from ISM.
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Theres A New Battery King And Its Minting Billionaires Faster Than Google
After an almost surreal 15-month stretch that saw its market value balloon 17-fold, Tesla Inc. (NASDAQ:TSLA) has come back to earth this year and appears in desperate need of some inspiration to get going again. TSLA, along with the majority of its green energy peers, has been seriously lackluster in 2021, managing a mere 0.6% gain in the year-to-date as the stock continues to consolidate after crazy gains in 2020. Even the companys latest earnings report has only managed to elicit a small post-earnings afterglow despite Tesla enjoying yet ....

New York , United States , United Kingdom , White House , District Of Columbia , Saudi Arabia , Ed Bastian , Reese Witherspoon , Bharti Airtel , Christian Mueller Glissmann , Square Afterpay , Trevor Milton , Scott Glenn , Elon Musk , Tesla Megapack , Andrew Cuomo , Jamie Dimon , Morgan Stanley , Victoria Country Fire Authority , International Olympic Committee , Tesla Inc , Saudi Aramco , Hedge Fund , Us Oil Industry , Group Inc , Abu Dhabi National Oil Company ,

Australia's Biggest Battery Ablaze for 4 Days as Technology Woes Grow


Australia’s Biggest Battery Ablaze for 4 Days as Technology Woes Grow
By Daniel Khmelev
The Victoria Big Battery due to become the southern hemisphere’s largest battery burst into flames last week and remained ablaze for almost four days as firefighters struggled to extinguish one of its Tesla battery megapacks.
The battery’s failure has re-ignited concern that the technology may not be feasible or sustainable amid Australia’s transition towards cleaner energy alternatives.
An hour’s drive from the heart of Melbourne, the 300 megawatt (MW) battery plant had one of its Tesla battery arrays catch fire just two days after its project overseer, Neoen, announced the station had formally hooked up to the grid. Completion of the project was formally due by the end of the year. ....

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Fire At Tesla's Mega Battery Finally Extinguished After Four Days Of Burning

Fire At Tesla's Mega Battery Finally Extinguished After Four Days Of Burning
oilprice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilprice.com Daily Mail and Mail on Sunday newspapers.

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