TOP 5 STOCKS TO WATCHOUT :
1. #LG : - South Korea-based LG Electronics Inc said on Wednesday it has agreed to set up a $1 billion joint venture with automotive supplier Magna International Inc.
The JV, tentatively called LG Magna e-Powertrain, will manufacture e-motors, inverters, and onboard chargers, according to LG Electronics.
2. #WALMART -The U.S. Justice Department sued Walmart Inc on Tuesday, accusing the world's biggest retailer of fueling the opioid crisis in the United States, ignoring warning signs from its pharmacists and filling thousands of invalid prescriptions.
In a civil lawsuit in U.S. District Court in Delaware, the government said Walmart failed to take its gatekeeping duties as a pharmacy seriously, allegations the company rejected.
Walmart, whose shares closed down 1.2% following the news, said in a statement that the "Justice Departmentβs investigation is tainted by historical ethics violations, and this lawsuit invents a legal theory that unlawfully forces pharmacists to come between patients and their doctors, and is riddled with factual inaccuracies."
3. #KROGER:-After a strong year driven by increased shopping during the pandemic, Kroger's (KR) stock has fallen 30% in the past three months. Does this make the stock a Buy? Read more to find out whether you should consider adding this to your portfolio.
Kroger (KR) has been sliding since hitting $36.60 on September 1. The stock is now down to $30.79, the same level it traded at in early April. Investors have clearly taken some of their profits off the table. Let's take a look at whether KR is worthy of your investing dollars.
4. #ARAMCO:-Saudi Aramco Development Co, a subsidiary of Aramco, has teamed up with Google Cloud to offer cloud services to customers in Saudi Arabia, Aramco said on Monday.
Saudi Arabia, under its Vision 2030 reform plans, has encouraged foreign investment particularly in the technology sector and courted Silicon Valley players.
Aramco said Saudi Arabia is being added to the global network of Google Cloud Platform regions, as part of a strategic alliance agreement signed between the company and Google Cloud this month.
Google Cloud will establish and operate a new cloud region in Saudi Arabia, while a new company will be formed after required regulatory clearances to supply cloud solutions and services to customers, Aramco said.
5. #MICROSOFT CORP:-Microsoft Corp is working on in-house processors for the servers running its cloud-computing services and Surface line of personal computers, potentially cutting its reliance on Intel Corp, a person familiar with the matter told Reuters.
The chips would use technology from Arm Ltd, the person said, which is in the midst of being acquired by Nvidia Corp for $40 billion.
Microsoft relies heavily on Intel and Advanced Micro Devices Inc to supply the chips for its Azure cloud computing services as well as its Surface PCs.
1. #LG : - South Korea-based LG Electronics Inc said on Wednesday it has agreed to set up a $1 billion joint venture with automotive supplier Magna International Inc.
The JV, tentatively called LG Magna e-Powertrain, will manufacture e-motors, inverters, and onboard chargers, according to LG Electronics.
2. #WALMART -The U.S. Justice Department sued Walmart Inc on Tuesday, accusing the world's biggest retailer of fueling the opioid crisis in the United States, ignoring warning signs from its pharmacists and filling thousands of invalid prescriptions.
In a civil lawsuit in U.S. District Court in Delaware, the government said Walmart failed to take its gatekeeping duties as a pharmacy seriously, allegations the company rejected.
Walmart, whose shares closed down 1.2% following the news, said in a statement that the "Justice Departmentβs investigation is tainted by historical ethics violations, and this lawsuit invents a legal theory that unlawfully forces pharmacists to come between patients and their doctors, and is riddled with factual inaccuracies."
3. #KROGER:-After a strong year driven by increased shopping during the pandemic, Kroger's (KR) stock has fallen 30% in the past three months. Does this make the stock a Buy? Read more to find out whether you should consider adding this to your portfolio.
Kroger (KR) has been sliding since hitting $36.60 on September 1. The stock is now down to $30.79, the same level it traded at in early April. Investors have clearly taken some of their profits off the table. Let's take a look at whether KR is worthy of your investing dollars.
4. #ARAMCO:-Saudi Aramco Development Co, a subsidiary of Aramco, has teamed up with Google Cloud to offer cloud services to customers in Saudi Arabia, Aramco said on Monday.
Saudi Arabia, under its Vision 2030 reform plans, has encouraged foreign investment particularly in the technology sector and courted Silicon Valley players.
Aramco said Saudi Arabia is being added to the global network of Google Cloud Platform regions, as part of a strategic alliance agreement signed between the company and Google Cloud this month.
Google Cloud will establish and operate a new cloud region in Saudi Arabia, while a new company will be formed after required regulatory clearances to supply cloud solutions and services to customers, Aramco said.
5. #MICROSOFT CORP:-Microsoft Corp is working on in-house processors for the servers running its cloud-computing services and Surface line of personal computers, potentially cutting its reliance on Intel Corp, a person familiar with the matter told Reuters.
The chips would use technology from Arm Ltd, the person said, which is in the midst of being acquired by Nvidia Corp for $40 billion.
Microsoft relies heavily on Intel and Advanced Micro Devices Inc to supply the chips for its Azure cloud computing services as well as its Surface PCs.
TOP 5 STOCKS TO WATCHOUT:-
1. #MASTER CARD- Mastercard Inc said on Wednesday it was planning to offer support for some cryptocurrencies on its network this year, joining a string of big-ticket firms that have pledged similar support.
The credit-card giant's announcement comes days after Elon Musk's Tesla Inc revealed it had purchased $1.5 billion of bitcoin and would soon accept it as a form of payment.
Asset manager BlackRock Inc and payments companies Square and PayPal have also recently backed cryptocurrencies.
Mastercard already offers customers cards that allow people to transact using their cryptocurrencies, although without going through its network.
"Doing this work will create a lot more possibilities for shoppers and merchants, allowing them to transact in an entirely new form of payment. This change may open merchants up to new customers who are already flocking to digital assets," Mastercard said.
Mastercard specified that not all cryptocurrencies will be supported on its network, adding that many of the hundreds of digital assets in circulation still need to tighten their compliance measures.
Many cryptocurrencies have struggled to win the trust of mainstream investors and the general public due to their speculative nature and potential for money laundering.
2.#TWITTER :Twitter Inc Chief Executive Jack Dorsey said Wednesday the company is exploring allowing its users to receive tips, or digital payments, from their followers.
Dorsey said the feature would help the social media platform earn more money and engagement from its base of 192 million daily users.
"I think the first thing we want to focus on is that economic incentive to people who are contributing to Twitter," he said at the virtual Goldman Sachs Technology and Internet Conference.
Introducing user tipping and new features like content subscriptions would help the company diversify its revenue, which it currently earns mainly from selling advertising on Twitter.
The company said Tuesday during an earnings call with analysts that he did not expect subscriptions to be meaningful to the company's revenue until next year.
Last month, Twitter bought newsletter startup Revue, as it hopes to attract users wanting to create long-form content.
3.#MICROSOFT:-Microsoft Corp approached Pinterest Inc in recent months about a potential deal to acquire the $51 billion social media company, the Financial Times reported on Wednesday, citing people briefed on the matter.
The negotiations were currently not active, according to the report.
A general shift to virtual interactions leading to increased engagement on social media platforms benefited Pinterest as well, with its monthly active users jumping 37% to 459 million in the fourth quarter.
The company said it added a record 100 million monthly active users in 2020.
Pinterest's shares have risen over seven times from its pandemic-low in March last year. Pinterest had previously signaled it wants to remain an independent company, the FT said.
The social media company generates revenue by placing advertisements next to the Pins, or posts, uploaded on the site by users.
A deal between the two companies would also have tested the Biden administration's appetite for allowing powerful technology companies to strike deals, according to the FT.
4. #ASTRA ZENECA:- AstraZeneca expects profit growth to pick up this year after the COVID-19 vaccine developer beat forecasts for quarterly drug sales, with demand for its cancer and other therapies cushioning the disruption caused by the pandemic.
Last year was a crucial one for the Anglo-Swedish company. It teamed up with the University of Oxford to develop a COVID-19 vaccine, and struck its largest ever deal by buying U.S. drugmaker Alexion .
AstraZeneca said on Thursday it expects 2021 revenue to increase by a low teens percentage, with "faster growth" in core earnings to $4.75 to $5.00 per share. That translates to 18-24% growth in earnings, following 15% in 2020.
1. #MASTER CARD- Mastercard Inc said on Wednesday it was planning to offer support for some cryptocurrencies on its network this year, joining a string of big-ticket firms that have pledged similar support.
The credit-card giant's announcement comes days after Elon Musk's Tesla Inc revealed it had purchased $1.5 billion of bitcoin and would soon accept it as a form of payment.
Asset manager BlackRock Inc and payments companies Square and PayPal have also recently backed cryptocurrencies.
Mastercard already offers customers cards that allow people to transact using their cryptocurrencies, although without going through its network.
"Doing this work will create a lot more possibilities for shoppers and merchants, allowing them to transact in an entirely new form of payment. This change may open merchants up to new customers who are already flocking to digital assets," Mastercard said.
Mastercard specified that not all cryptocurrencies will be supported on its network, adding that many of the hundreds of digital assets in circulation still need to tighten their compliance measures.
Many cryptocurrencies have struggled to win the trust of mainstream investors and the general public due to their speculative nature and potential for money laundering.
2.#TWITTER :Twitter Inc Chief Executive Jack Dorsey said Wednesday the company is exploring allowing its users to receive tips, or digital payments, from their followers.
Dorsey said the feature would help the social media platform earn more money and engagement from its base of 192 million daily users.
"I think the first thing we want to focus on is that economic incentive to people who are contributing to Twitter," he said at the virtual Goldman Sachs Technology and Internet Conference.
Introducing user tipping and new features like content subscriptions would help the company diversify its revenue, which it currently earns mainly from selling advertising on Twitter.
The company said Tuesday during an earnings call with analysts that he did not expect subscriptions to be meaningful to the company's revenue until next year.
Last month, Twitter bought newsletter startup Revue, as it hopes to attract users wanting to create long-form content.
3.#MICROSOFT:-Microsoft Corp approached Pinterest Inc in recent months about a potential deal to acquire the $51 billion social media company, the Financial Times reported on Wednesday, citing people briefed on the matter.
The negotiations were currently not active, according to the report.
A general shift to virtual interactions leading to increased engagement on social media platforms benefited Pinterest as well, with its monthly active users jumping 37% to 459 million in the fourth quarter.
The company said it added a record 100 million monthly active users in 2020.
Pinterest's shares have risen over seven times from its pandemic-low in March last year. Pinterest had previously signaled it wants to remain an independent company, the FT said.
The social media company generates revenue by placing advertisements next to the Pins, or posts, uploaded on the site by users.
A deal between the two companies would also have tested the Biden administration's appetite for allowing powerful technology companies to strike deals, according to the FT.
4. #ASTRA ZENECA:- AstraZeneca expects profit growth to pick up this year after the COVID-19 vaccine developer beat forecasts for quarterly drug sales, with demand for its cancer and other therapies cushioning the disruption caused by the pandemic.
Last year was a crucial one for the Anglo-Swedish company. It teamed up with the University of Oxford to develop a COVID-19 vaccine, and struck its largest ever deal by buying U.S. drugmaker Alexion .
AstraZeneca said on Thursday it expects 2021 revenue to increase by a low teens percentage, with "faster growth" in core earnings to $4.75 to $5.00 per share. That translates to 18-24% growth in earnings, following 15% in 2020.
We Provide over 15 Trade signals for free to enhance Your Trading strategy so you can cash in potential market moves. Invite your friends to the group to take advantage of it.
TRADE SIGNAL AS ON 24-02-2021
#NZDJPY
BUY=77.71
TARGET=78.19
SL=76.91
#SILVER
SELL=27.484
TARGET=26.779
SL=27.867
#MICROSOFT Corp.
BUY=233.18
TARGET=237.86
SL=229.85
#LITECOIN USD
SELL=183.51
TARGET=171.03
SL=193.28
#NIKKEI 225
SELL=29629
TARGET=29259
SL=30121
TRADE SIGNAL AS ON 24-02-2021
#NZDJPY
BUY=77.71
TARGET=78.19
SL=76.91
#SILVER
SELL=27.484
TARGET=26.779
SL=27.867
#MICROSOFT Corp.
BUY=233.18
TARGET=237.86
SL=229.85
#LITECOIN USD
SELL=183.51
TARGET=171.03
SL=193.28
#NIKKEI 225
SELL=29629
TARGET=29259
SL=30121
TOP 5 STOCKS TO WATCHOUT:-
1.#TESLA - Chipmakers like Samsung Electronics Co Ltd will need a couple of weeks to resume production in Texas after shutdowns caused by severe weather, and customers could face knock-on effects in several months' time, a representative of a trade body said.
The shutdown threatens chip supplies as the industry is scrambling to meet demand, which is rising especially from the auto sector, but also for laptops and other products as economies recover from the impact of the pandemic.
Chipmakers now have the power, water and gas they need to operate, but they need time to restart tools and clean the factories, Edward Latson, CEO of the Austin Regional Manufacturers Association, said.
He said the process was slow and "very expensive".
Samsung said on Tuesday it "may require more time to reach normal levels as we inspect and reconfigure the facility."
The plant suspension would have an impact on automakers five months later because that is the time needed to make chips, Latson told Reuters.
There is also an impact now, Risto Puhakka, president of VLSIresearch, said.
"The impact is almost immediate, as the chip inventories are low and customers need them as soon as possible," he said. "We are now looking at about one month of lost production."
Samsung supplies chips for Tesla and other customers and NXP and Infineon are also automotive chip suppliers.
Tesla Chief Executive Officer Elon Musk said the electric vehicle companyβs Fremont, California, plant shut down for two days last week, without elaborating further.
NXP, which has two factories in Austin, said in a statement on Tuesday: "We are diligently working through equipment, system and product assessments to resume our operations as soon as possible."
2. #MICROSOFT:-A China-linked cyber-espionage group has been remotely plundering email inboxes using freshly discovered flaws in Microsoft) mail server software, the company and outside researchers said on Tuesday - an example of how commonly used programs can be exploited to cast a wide net online.
In a blog post, Microsoft said the hacking campaign made use of four previously undetected vulnerabilities in different versions of the software and was the work of a group it dubs HAFNIUM, which it described as a state-sponsored entity operating out of China.
In a separate blog post, cyber-security firm Volexity said that in January it had seen the hackers use one of the vulnerabilities to remotely steal "the full contents of several user mailboxes." All they needed to know were the details of Exchange server and of the account they wanted to pillage, Volexity said.
China opposes all forms of cyber-attacks, Chinese foreign ministry spokesman Wang Wenbin said at a news briefing in Beijing on Wednesday.
"China wishes relevant media and companies take a professional and responsible attitude, and base characterizations of cyber-attacks on ample evidence, rather than groundless guesses and accusations," he said.
Ahead of the Microsoft announcement, the hackers' increasingly aggressive moves began to attract attention across the cybersecurity community.
Mike McLellan, director of intelligence for Dell Technologies (NYSE:DELL) Inc's Secureworks, said ahead of the Microsoft announcement that he had noticed a sudden spike in activity touching Exchange servers overnight on Sunday, with around 10 customers affected at his firm.
Microsoft's suite of products has been under scrutiny since the hack of SolarWinds, the Texas-based software firm that served as a springboard for several intrusions across government and the private sector. In other cases, hackers took advantage of the way customers had set up their Microsoft services to compromise their targets or dive further into affected networks.
Hackers who went after SolarWinds also breached Microsoft itself, accessing and downloading source code - including elements of Exchange, the company's email and calendaring product.
1.#TESLA - Chipmakers like Samsung Electronics Co Ltd will need a couple of weeks to resume production in Texas after shutdowns caused by severe weather, and customers could face knock-on effects in several months' time, a representative of a trade body said.
The shutdown threatens chip supplies as the industry is scrambling to meet demand, which is rising especially from the auto sector, but also for laptops and other products as economies recover from the impact of the pandemic.
Chipmakers now have the power, water and gas they need to operate, but they need time to restart tools and clean the factories, Edward Latson, CEO of the Austin Regional Manufacturers Association, said.
He said the process was slow and "very expensive".
Samsung said on Tuesday it "may require more time to reach normal levels as we inspect and reconfigure the facility."
The plant suspension would have an impact on automakers five months later because that is the time needed to make chips, Latson told Reuters.
There is also an impact now, Risto Puhakka, president of VLSIresearch, said.
"The impact is almost immediate, as the chip inventories are low and customers need them as soon as possible," he said. "We are now looking at about one month of lost production."
Samsung supplies chips for Tesla and other customers and NXP and Infineon are also automotive chip suppliers.
Tesla Chief Executive Officer Elon Musk said the electric vehicle companyβs Fremont, California, plant shut down for two days last week, without elaborating further.
NXP, which has two factories in Austin, said in a statement on Tuesday: "We are diligently working through equipment, system and product assessments to resume our operations as soon as possible."
2. #MICROSOFT:-A China-linked cyber-espionage group has been remotely plundering email inboxes using freshly discovered flaws in Microsoft) mail server software, the company and outside researchers said on Tuesday - an example of how commonly used programs can be exploited to cast a wide net online.
In a blog post, Microsoft said the hacking campaign made use of four previously undetected vulnerabilities in different versions of the software and was the work of a group it dubs HAFNIUM, which it described as a state-sponsored entity operating out of China.
In a separate blog post, cyber-security firm Volexity said that in January it had seen the hackers use one of the vulnerabilities to remotely steal "the full contents of several user mailboxes." All they needed to know were the details of Exchange server and of the account they wanted to pillage, Volexity said.
China opposes all forms of cyber-attacks, Chinese foreign ministry spokesman Wang Wenbin said at a news briefing in Beijing on Wednesday.
"China wishes relevant media and companies take a professional and responsible attitude, and base characterizations of cyber-attacks on ample evidence, rather than groundless guesses and accusations," he said.
Ahead of the Microsoft announcement, the hackers' increasingly aggressive moves began to attract attention across the cybersecurity community.
Mike McLellan, director of intelligence for Dell Technologies (NYSE:DELL) Inc's Secureworks, said ahead of the Microsoft announcement that he had noticed a sudden spike in activity touching Exchange servers overnight on Sunday, with around 10 customers affected at his firm.
Microsoft's suite of products has been under scrutiny since the hack of SolarWinds, the Texas-based software firm that served as a springboard for several intrusions across government and the private sector. In other cases, hackers took advantage of the way customers had set up their Microsoft services to compromise their targets or dive further into affected networks.
Hackers who went after SolarWinds also breached Microsoft itself, accessing and downloading source code - including elements of Exchange, the company's email and calendaring product.
https://www.capitalstreetfx.com/en/best-stock-to-buy-today-08-march-2021/
#Microsoft #Twitter #Amazon #AT&T #GoldmanSachs
#Microsoft #Twitter #Amazon #AT&T #GoldmanSachs
CFDs|Commodities | Stocks | Forex Trading | Broker |Capital Street FX
Best Stock To Trade Today | Top 5 Stcok - 08 March 2021
Top 5 Stcoks To Watch Out - Goldman Sachs, Microsoft Corp's, Twitter, Amazon Stock, AT&T Inc Stock, Goldman Sachs Group Inc
TOP 5 STOCKS TO WATCHOUT:-
1.#MICROSOFT - The European Banking Authority on Monday said it had been targeted by hackers, although no data had been obtained and it was redoubling efforts to shield itself amid a global cyber attack exploiting flaws in Microsoft's mail server software.
The European Union's banking regulator, which gathers and stores swathes of sensitive data about banks and their lending, said it believed the cyber attack had struck only its email servers.
It is the latest prominent victim among tens of thousands of organisations in Asia and Europe targeted in a campaign which Microsoft Corp says makes use of previously undetected vulnerabilities in different versions of its mail server software.
The hacks are continuing despite emergency patches issued by Microsoft, which has said it is working with government agencies and security companies to help customers.
However, one scan of connected devices showed only 10% of those vulnerable had installed the patches by Friday, though the number was rising.
Microsoft and a person working with the U.S. response blamed the initial wave of attacks on a Chinese government-backed actor. A Chinese government spokesman said the country was not behind the intrusions.
What started as a controlled attack late last year against a few classic espionage targets grew last month to a widespread campaign. More attacks are expected from other hackers as the code used to take control of the mail servers spreads.
All of those affected appear to run Web versions of email client Outlook and host them on their own machines, instead of relying on cloud providers.
2. #PAYPAL- PayPal Holdings Inc said on Monday it would buy Israel-based digital asset security provider Curv, as the payments processor looks to strengthen support to cryptocurrencies.
The terms of the deal, which is expected to complete in the first half of 2021, were not disclosed. Curv would be part of PayPal's recently created cryptocurrencies-focused unit.
PayPal said in October last year, it would allow customers to buy, sell and hold cryptocurrencies in its online wallets.
The move to acquire Curv comes as digital currencies have soared this year, with growing involvement of institutional investors including Tesla Inc, Bank of NY Mellon and Square Inc.
3. #BOSCH :- German technology group Bosch said on Monday it would open an automotive chip factory in Dresden in June to build on its leadership in sensor chips that will boost the electric car industry.
The 1 billion euro ($1.2 billion) plant will produce sensor chips to be installed in electric and hybrid electric vehicles. The chips help increase the range of electric vehicles.
Bosch began testing the fully automated production of prototype chips, a step towards starting full-scale production at the end of the year, it said.
The plant will not produce the kind of semiconductor chips now in short supply, causing disruptions to the global car industry.
The factory, partly financed by the Free State of Saxony and federal government in Berlin, will employ 700 people. Plans for the plant were announced in 2017.
The local and federal governments want to make Dresden a centre for semiconductor research and manufacturing.
4.#TESLA: -Billionaire entrepreneur Elon Musk will construct a large battery that will connect to the Texas grid, Bloomberg News reported on Monday.
Gambit Energy Storage LLC, which is registered as a Tesla Inc unit, is building an over 100-megawatt energy storage project in Angleton, Texas, the report said.
The battery could power about 20,000 homes in peak summer, the report added.
Tesla could not be reached for a comment.
This comes days after a mid-February storm temporarily knocked out around half the state's generating plants, triggering outages that killed dozens and pushed power prices up to 10 times the normal rate.
In 2016, Tesla had won a contract to provide a 20-megawatt energy storage system at a substation owned by California utility Southern California Edison Co.
1.#MICROSOFT - The European Banking Authority on Monday said it had been targeted by hackers, although no data had been obtained and it was redoubling efforts to shield itself amid a global cyber attack exploiting flaws in Microsoft's mail server software.
The European Union's banking regulator, which gathers and stores swathes of sensitive data about banks and their lending, said it believed the cyber attack had struck only its email servers.
It is the latest prominent victim among tens of thousands of organisations in Asia and Europe targeted in a campaign which Microsoft Corp says makes use of previously undetected vulnerabilities in different versions of its mail server software.
The hacks are continuing despite emergency patches issued by Microsoft, which has said it is working with government agencies and security companies to help customers.
However, one scan of connected devices showed only 10% of those vulnerable had installed the patches by Friday, though the number was rising.
Microsoft and a person working with the U.S. response blamed the initial wave of attacks on a Chinese government-backed actor. A Chinese government spokesman said the country was not behind the intrusions.
What started as a controlled attack late last year against a few classic espionage targets grew last month to a widespread campaign. More attacks are expected from other hackers as the code used to take control of the mail servers spreads.
All of those affected appear to run Web versions of email client Outlook and host them on their own machines, instead of relying on cloud providers.
2. #PAYPAL- PayPal Holdings Inc said on Monday it would buy Israel-based digital asset security provider Curv, as the payments processor looks to strengthen support to cryptocurrencies.
The terms of the deal, which is expected to complete in the first half of 2021, were not disclosed. Curv would be part of PayPal's recently created cryptocurrencies-focused unit.
PayPal said in October last year, it would allow customers to buy, sell and hold cryptocurrencies in its online wallets.
The move to acquire Curv comes as digital currencies have soared this year, with growing involvement of institutional investors including Tesla Inc, Bank of NY Mellon and Square Inc.
3. #BOSCH :- German technology group Bosch said on Monday it would open an automotive chip factory in Dresden in June to build on its leadership in sensor chips that will boost the electric car industry.
The 1 billion euro ($1.2 billion) plant will produce sensor chips to be installed in electric and hybrid electric vehicles. The chips help increase the range of electric vehicles.
Bosch began testing the fully automated production of prototype chips, a step towards starting full-scale production at the end of the year, it said.
The plant will not produce the kind of semiconductor chips now in short supply, causing disruptions to the global car industry.
The factory, partly financed by the Free State of Saxony and federal government in Berlin, will employ 700 people. Plans for the plant were announced in 2017.
The local and federal governments want to make Dresden a centre for semiconductor research and manufacturing.
4.#TESLA: -Billionaire entrepreneur Elon Musk will construct a large battery that will connect to the Texas grid, Bloomberg News reported on Monday.
Gambit Energy Storage LLC, which is registered as a Tesla Inc unit, is building an over 100-megawatt energy storage project in Angleton, Texas, the report said.
The battery could power about 20,000 homes in peak summer, the report added.
Tesla could not be reached for a comment.
This comes days after a mid-February storm temporarily knocked out around half the state's generating plants, triggering outages that killed dozens and pushed power prices up to 10 times the normal rate.
In 2016, Tesla had won a contract to provide a 20-megawatt energy storage system at a substation owned by California utility Southern California Edison Co.
BEST STOCK TO TRADE TODAY β 09 MARCH 2021
#Microsoft #Paypal #Bosch #Tesla #Apple
https://www.capitalstreetfx.com/en/best-stock-to-trade-today-09-march-2021/
#Microsoft #Paypal #Bosch #Tesla #Apple
https://www.capitalstreetfx.com/en/best-stock-to-trade-today-09-march-2021/
CFDs|Commodities | Stocks | Forex Trading | Broker |Capital Street FX
Best Stock To Trade Today - 08 March 2021 | Capital Street Fx
Best Stock To Trade Today - 08 March 2021 - Apple Inc Stock, Tesla Inc Stock, German technology group Bosch, MICROSOFT Stock, PayPal Stock
We Provide over 15 Trade signals for free to enhance Your Trading strategy so you can cash in potential market moves. Invite your friends to the group to take advantage of it. TRADE SIGNAL 2021-04-14
#EURGBP
BUY = 0.8682
TARGET= 0.8692
SL= 0.8677
#Silver
BUY = 24.420
TARGET= 24.570
SL= 24.345
#MICROSOFT
BUY= 255.50
TARGET= 275.50
SL= 245.50
#ETHEREUM USD
BUY = 2,360.80
TARGET= 2,460.80
SL= 2,310.80
#KOSPI
BUY =3,185.50
TARGET = 3,235.50
SL=3,160.50
#EURGBP
BUY = 0.8682
TARGET= 0.8692
SL= 0.8677
#Silver
BUY = 24.420
TARGET= 24.570
SL= 24.345
#MICROSOFT
BUY= 255.50
TARGET= 275.50
SL= 245.50
#ETHEREUM USD
BUY = 2,360.80
TARGET= 2,460.80
SL= 2,310.80
#KOSPI
BUY =3,185.50
TARGET = 3,235.50
SL=3,160.50
We Provide over 15 Trade signals for free to enhance Your Trading strategy so you can cash in potential market moves. Invite your friends to the group to take advantage of it.
TRADE SIGNAL 2021-04-27
#GBP/USD
BUY = 1.3885
TARGET= 1.1.3905
SL= 1.13875
#GOLD
BUY = 1775.50
TARGET= 1815.50
SL=1755 .50
#MICROSOFT
BUY= 260.55
TARGET= 310.55
SL= 235.55
#BITCOIN USD
SELL = 50,770.50
TARGET= 49,770.50
SL= 51,270.50
TRADE SIGNAL 2021-04-27
#GBP/USD
BUY = 1.3885
TARGET= 1.1.3905
SL= 1.13875
#GOLD
BUY = 1775.50
TARGET= 1815.50
SL=1755 .50
#MICROSOFT
BUY= 260.55
TARGET= 310.55
SL= 235.55
#BITCOIN USD
SELL = 50,770.50
TARGET= 49,770.50
SL= 51,270.50