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Nomura Energy Transition ETF
As of May 30, 2026 at 09:45 UTC
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About Nomura Energy Transition ETF
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Latest News
5 articlesGenerac Holdings is well-positioned to capitalize on worsening weather disasters and declining grid reliability, according to a BofA analyst. The company's smart home energy tech and growing demand for backup power in key markets like Texas, Florida, and California are expected to drive growth.
Shell and CNOOC have announced a major expansion of their petrochemical complex in Daya Bay, China, adding a third ethylene cracker and specialty chemicals production. The new facilities will produce key chemicals like polycarbonates to support the electric vehicle and energy storage industries in China.
Shell and ENI have led a $30 million funding round for Mantel Capture, a startup developing a cost-effective carbon capture technology using molten salts. The technology aims to capture 95% of emissions from industrial sites at $30-$50 per ton, enabling cost-effective decarbonization.
Alcoa Corporation (NYSE:AA) gets a price target bump from a couple of analysts following better-than-expected first-quarter FY24 results. Yesterday, the company reported an EPS loss of $(0.81), which beat the consensus loss of $(0.55) and revenue of $2.60 billion, beating the consensus estimate of $2.56 billion. Alcoa expects alumina production to be 9.8 million and 10 million metric tons and alumina shipments to be 12.7 million and 12.9 million metric tons for FY24. BMO Capital Markets analyst Katja Jancic raised the price target to $37 (from $35) and maintained the Market Perform rating. The analyst says Alcoa is well-positioned to benefit from the positive aluminum price momentum and continued multiple actions to deliver profitability improvements over time. Also, Jancic continues to project ...Full story available on Benzinga.com
