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Marketplace All-in-One

Solar power generation hits milestone in U.S.

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 6 June 2024

⏱️ 1 minutes

🧾️ Download transcript

Summary

The U.S. added a record amount of new solar energy generation, an industry report says; European Central Bank lowers its key interest rate; initial jobless claims inch up to 229,000; Nvidia overtakes Apple as second most valuable company in the world.

Transcript

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0:00.0

A milestone for solar energy. I'm Novisafa with the Marketplace Minute.

0:05.6

The US added a record amount of solar energy generation in the first three months of the year.

0:10.5

That's according to an industry report. Solar accounted for 75% of new power. of the The European Central Bank lowered its key interest rate today by a quarter point, that's despite

0:25.4

inflation in the Eurozone, still being above target at 2.6%.

0:30.6

The ECB's move is ahead of the Federal Reserve which signaled likely rate cuts.

0:35.7

Initial jobless claims remain low, but last week they rose slightly by 8,000.

0:40.9

The total number was 229,000, the government's monthly jobs report, is due out tomorrow.

0:47.0

Invidia is now the second most valuable company in the world, overtaking Apple.

0:52.0

The chipmaker's stock has benefited from the AI

0:54.8

boom and tomorrow it plans a stock split which generally lifts share prices for companies.

1:01.2

I'm Novisapo with a marketplace minute.

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