Saturday, September 21, 2024

#USA - Microsoft goes nuclear to power AI data centers: Expert: Yahoo Finance:

20 September 2024

Nuclear energy has been a hot topic in investors' minds after Microsoft (MSFT) and Constellation Energy (CEG) announced an agreement to restore a dormant nuclear power plant to power the tech company’s AI and cloud data centers. Radiant Energy Group founder and managing director Mark Nelson joins Josh Lipton and Julie Hyman to explain how nuclear energy could power the artificial intelligence era. Microsoft wants to restore the Three Mile Island nuclear power plant in Londonderry Township, Pennsylvania, known for one of the largest nuclear disasters in the US when one of the plant's two reactors melted down in 1979. A nuclear engineer himself,

Nelson explains that the plant’s other reactor “kept going for 40 years. The only reason it closed in 2019 is because fossil fuels were really cheap.” He says there’s a renewed interest in nuclear energy today because “we're running out of other energy sources… we're running out of power, and we're realizing that if we're going to have everybody buy electric vehicles, we have to be able to charge it from power plants that run all the time.” Nuclear power plants could help meet the energy-intensive needs of training and running AI, which has brought the utilities sector into focus.

Nelson says building new nuclear plants and restoring existing ones could help. “The very best American design for a nuclear plant is being built in China over and over again for about four years or so per reactor and about $3 billion. I don't think we're going to meet China's prices for building our reactors, but we could probably do a lot better building our reactors if we do it in series with the same design, the same plant layout, and we do it over and over," the expert tells Yahoo Finance. “Fortunately, we've got designs that are licensed and ready to go today at existing nuclear plants that already serve tens of millions of customers. Aand those are the plants that are being approached by the data centers.

So I think to get over this hump, we have to accept that we've got outstanding equipment ready to install. We've just forgotten how to do it and we need to do it the same way every time.” For more expert insight and the latest market action, click here to watch this full episode of Market Domination.


#youtube #microsoft #tech



Friday, September 20, 2024

#F1 #SingaporeGP - 2024 Singapore Grand Prix - Friday "Tricky Friday in the Lion City" Mercedes-AMG PETRONAS F1 Team

 

Press Information
20 September 2024


 
F1: Session Report
 
2024 Singapore Grand Prix - Friday Tricky Friday in the Lion City

 
  • The opening day of running at the Singapore Grand Prix provided plenty of intrigue.
  • The team ran all three compounds across the two practice sessions, gathering plenty of data across both the single lap and long runs.
  • In the late afternoon running of FP1, both drivers used the Hard and Soft compound tires although neither was happy with the overall balance.
  • In FP2, both got a brief look at the Soft tire but the main focus of the hour was the long run on the Medium compound.
  • Lewis and George completed most of their programme, albeit with George's session ending a few minutes early after losing his front-wing following minor contact with the wall at turn 8.
  • The team will now analyze the data and learnings overnight before returning for FP3 tomorrow afternoon.
Driver
FP1
FP2
George Russell
25 Laps
1:33.334
P16
Hard, Soft,  Hard
25 Laps
1:31.488
P7
Medium, Soft,  Medium
Lewis Hamilton
24 Laps
1:32.679
P12
Hard, Soft,  Hard
24 Laps
1:31.709
P11
Medium, Soft,  Medium


George Russell
That was quite a challenging Friday for us. We didn't have the peace of the frontrunners today and we need to work hard overnight to understand why. The car wasn't feeling as well connected as it did here last year, or in recent races. We need to get to the bottom of that if we are to have a weekend where we can challenge at the front. I am sure we will find some answers though once we go through all the data this evening. There were a lot of surprises out there when you looked at the timing screens. Williams and VCARB seemed to be particularly quick compared to recent races, while the Red Bulls looked to be struggling a little. The McLarens and the Ferraris looked to have a comfortable advantage over everyone else meanwhile and we've clearly got work on our hands to be in with a chance of racing them this weekend. Lewis Hamilton It was a very challenging day for us. I didn't feel particularly connected with the car throughout. We tried many different things on the set-up to try and find improvements but couldn't find any major breakthrough. We were working hard as a team to make gains and get closer to the pace at the front, but we weren't able to do so by the end of FP2. It was challenging to know exactly where we should put the car in terms of set-up and that is something we will be working hard on overnight. We need to find some additional speed otherwise we will be looking at a difficult Saturday tomorrow. Andrew Shovlin, Trackside Engineering Director That was one of the trickier Friday's of the year so far. We experimented with different set-ups across the cars in FP1, aiming to try and counter some of the challenges we'd faced particularly on our Medium tire stint last weekend in Baku. Unfortunately, the track conditions didn't give us a brilliant read on this, so we converged more closely for FP2. Neither driver was particularly happy with the balance throughout the session, although we made some progress on our long run. While that second hour of running was more encouraging, we've still got a good chunk of work to do overnight. McLaren and Ferrari, in particular Norris and Leclerc, looked to be a step ahead of the rest of the field. We will have to find some big improvements to be in the fight with them tomorrow. We've also got one eye on some of the teams behind us. We will need to find gains overnight if we are to have a smoother run through qualifying and that is what we are focused on doing.
 


 

#finance #investment - China Warning Pulls Mercedes Lower, Nike Rallies On New Boss | Bloomberg The Pulse 09/20/24

20 September 2024

Nike has ousted its CEO John Donahoe, and is bringing company veteran, Elliott Hill, out of retirement to try and return the struggling brand to its glory days. Hill joined Nike in 1988 and served as president of consumer and marketplace before he retired in 2020. Shares of the athletic brand jumped in Friday's early session. Elsewhere, Mercedes-Benz Group shares fell the most in four years after a deepening slowdown in China prompted the world’s biggest luxury-car maker to cut its outlook. Today's guests: Beata Manthey, Citigroup; Andrew Kuper, Leapfrog Investments President & Co-Founder

#F1 #SingporeGP Can McLaren keep their lead under the lights in Singapore? 🌃🇸🇬 | The F1 Show | Singapore Grand Prix

20 September 2024

Join us for the F1 show live from Marina Bay Street Circuit in Singapore.

2,966 views • 20 Sept 2024 • #McLaren #F1 #OptimumNutrition

#F1 - Track Tours with Valtteri: VB takes to the streets of Singapore: Sauber

20 September 2024

Join VB for another edition of the BOT Track Guide series. This time, we're back in Singapore for a Night Race around this iconic street circuit. Find us online: Instagram:   / stakef1team   Facebook:   / stakef1team   TikTok:   / stakef1team_ks   X: https://x.com/stakef1team_ks LinkedIn:   / saubergroup  


#F1 - LATEST F1 NEWS | Sainz & Checo's crash, Bottas ahead in Sauber search, Bahrain to host pre-season: The Inside Line

Thursday, September 19, 2024

#F1 #Alpine - Should Alpine ditch its F1 power unit programme? The Inside Line

19 September 2024

Alpine heads to Singapore on the cusp of a major decision regarding its F1 team, with its executive advisor Flavio Briatore championing a switch to customer power units.

Alpine, or under its former guise Renault, has been part of the sport since 1977, and in various capacities… … whether championship-winning power unit supplier to Red Bull - or title-winning works team, going back-to-back with Fernando Alonso in 2006, with its most recent effort kick-started in 2016 and rebranded to Renault’s sports marque Alpine from 2021. Watch the video, and tell us what you think in the comments…

#finance #investment - Markets in 3 Minutes: It's a Bull Market, Don't Overthink It: Bloomberg Television

19 September 2024

Anna Edwards, Guy Johnson, and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."


For the first time in more than four years, the Federal Reserve has cut the target for its benchmark interest rate, slashing it by 50 basis points. Morgan Stanley Asset Management Co-Head of Broad Markets Fixed Income Vishal Khanduja notes that, based on the Fed's projections, unemployment is now in focus rather than inflation. Read 5:47 min


Jean Boivin, BlackRock Investment Institute head, says he expects robust growth in the current quarter and "that's going to raise questions" on "Bloomberg Open Interest." Read 2:30 min

#Lebanon #warcrimes #Netanyahuwar - Middle East 'on brink of all-out war' after Israeli pager and walkie-talkie attacks: BBC News

19 September 2024

Israel is pushing the Middle East towards a full-scale regional war, Lebanon's ambassador to the UK has warned. Rami Mortada told Kay Burley the whole region had become "hostage to Netanyahu's political fate". Israeli PM Benjamin Netanyahu has been accused by opponents of prolonging the war in Gaza and of stoking up a conflict with Hezbollah to strengthen his position domestically and to delay scrutiny of his inability to prevent the 7 October attacks by Hamas. Lebanon was hit by a wave of exploding pagers and walkie-talkies this week, which targeted members of the Shia militant group Hezbollah. Israel is suspected of being behind the operation but has not commented.


#hezbollah #lebanon #israelhamaswar