Greif's Bold Renewable Energy Move 🌍

The
Daily Trade

Hey Daily Traders,

Greif, Inc.'s new Virtual Power Purchase Agreement in Europe with Enel Green Power España is a significant stride in their sustainability journey. By purchasing approximately 100 GWh of renewable energy annually, Greif aims to offset a substantial portion of its emissions, aligning with global clean energy goals.

Meanwhile, Apex Group's collaboration with Penrose Partners to launch Apex Invest Digital marks a pivotal entry into the digital asset space. This initiative underscores Apex's commitment to bridging traditional finance with digital innovation, offering investors valuable insights into the evolving landscape of digital assets and tokenization.


Here's what's happening today:

  • 🌞 Greif launches solar VPPA in Europe
  • 💻 Apex Group dives into digital assets
  • 🛰️ Solestial wins $1.2M for space solar
  • 🎁 +10 more business & investing news stories you might like
  • 📊 +4 technical analysis results

Question

What are your thoughts on Greif's investment in renewable energy through their European VPPA? Do you think this will significantly impact their sustainability goals and influence other companies to follow suit?

Reply to this email with your answer

Partner

Apple Is Coming for the Smart Home — And Fast

Apple Is Coming for the Smart Home — And Fast

Apple’s rumored Face-ID door lock and smart display hub are more than just new products. It’s a clear signal: they’re going all-in on smart home automation.

The tech giant is doubling down on the smart home, the $158B industry that’s growing 23% annually.

And with Apple’s entry, investors are looking for the next breakout company - and potential acquisition target.

They’re chasing Google (acquired Nest, $3.2B) and Amazon (acquired Ring, $1.2B).

History shows: when Apple plays catch-up, they go big.

And there’s one startup perfectly positioned to benefit.

With 10+ patents, distribution in over 100 Best Buy stores, and revenue growth that doubled year-over-year, they’re built for a huge breakout.

Early investors in Ring and Nest saw life-changing returns.

Invest Now - RYSE is open at just $2.00/share.

Sustainability

Greif, Inc., a leader in industrial packaging, has announced the start of its first Virtual Power Purchase Agreement (VPPA) in Europe. Partnering with Enel Green Power España, Greif will purchase approximately 100 GWh per year of renewable energy, significantly reducing its greenhouse gas emissions. This 12-year agreement marks a crucial step in Greif's broader sustainability strategy, aiming to offset 65% of its Scope 2 emissions in Europe and 3% globally.

This initiative highlights Greif's commitment to sustainability and its proactive role in the transition to clean energy. The VPPA is a testament to Greif's strategy of investing in renewable energy infrastructure to minimize its environmental footprint. As the company continues to lead in sustainable solutions, this agreement not only aligns with its corporate goals but also supports global efforts towards a greener future.

Key Takeaway
  • Greif's VPPA with Enel Green Power España represents a significant move towards sustainability, offering investors an opportunity to align with a company committed to reducing its carbon footprint.
  • This green initiative could enhance Greif's market position as an environmentally responsible leader in industrial packaging.
Digital Assets

Apex Group, in collaboration with Penrose Partners, has launched Apex Invest Digital, a new program aimed at bridging traditional finance with the digital asset ecosystem. This initiative is part of Apex Group's strategy to provide comprehensive solutions for investors interested in digital assets. The program will address themes such as the institutional digital asset landscape, regulatory developments, and the tokenization of real-world assets.

By expanding into digital assets, Apex Group is positioning itself as a leader in the evolving financial services sector. The partnership with Penrose Partners, known for its blockchain expertise, enhances the program's value, offering investors insights and access to emerging opportunities in the digital asset space. This move reflects Apex Group's commitment to shaping the future of finance, making it accessible and secure.

Key Takeaway
  • Apex Group's entry into the digital asset space presents a unique opportunity for investors to explore emerging markets within the financial sector.
  • The initiative's focus on demystifying digital asset investments could attract institutional investors seeking to diversify their portfolios.
Space Tech

Solestial, Inc. has been awarded $1.2 million by SpaceWERX to develop advanced solar technologies for space applications. This funding will support the development of a novel solar array wing concept for small satellites, focusing on fast manufacturing and integration. Solestial's innovative approach aims to overcome current challenges in space solar technology, such as long manufacturing lead times.

The contract aligns with Solestial's mission to provide sustainable energy solutions for space exploration. By leveraging affordable silicon solar cells and automated manufacturing, Solestial is poised to deliver cost-effective and efficient solar power modules. This project not only supports the U.S. Space Force's objectives but also positions Solestial as a key player in the space tech industry.

Key Takeaway
  • Solestial's funding from SpaceWERX highlights the growing interest in space solar technologies.
  • As space exploration expands, Solestial's advancements could lead to significant opportunities for investors in the space tech sector, driven by the demand for efficient and sustainable energy solutions.

More Business & Investing news


  • 💰 Pyrophyte prices $175M IPO (Link)
  • 🌿 Glass House refinances preferred equity (Link)
  • 📉 USA Rare Earth stock dips (Link)
  • ⚡ Texas co-op seeks 500MW capacity (Link)
  • 🚀 Rocket Lab gets new price target (Link)
  • 🏥 Thurston Group closes $211M fund (Link)
  • 🏭 Century Aluminum proposes $400M offering (Link)
  • 📈 Sezzle named top fintech by CNBC (Link)
  • 🏗️ Mueller Streamline expands in Arkansas (Link)
  • ⛏️ Waterton Mining gets key approval (Link)

Today's Technical Analysis



Undervalued
HLN
Haleon plc American Depositary Shares (Each representing two Ordinary Shares)
Volume: 11.25M shares | Price: $9.69

Technical Indicator Score: 88% Buy
Out of the 8 technical indicators used to analyze this stock, 7 indicated buy signals, 1 indicated a neutral signal.
RSI
Buy
MFI
Buy
WillR
Buy
AO
Buy
CCI
Buy
BBANDS
Buy
ULTOSC
Buy
STOCH
Hold

Overvalued
TDY
Teledyne Technologies Incorporated
Volume: 441.34K shares | Price: $540.06

Technical Indicator Score: 88% Sell
Out of the 8 technical indicators used to analyze this stock, 7 indicated sell signals, 1 indicated a neutral signal.
RSI
Sell
MFI
Sell
WillR
Sell
AO
Sell
CCI
Sell
BBANDS
Hold
ULTOSC
Sell
STOCH
Sell

Overvalued
WBD
Warner Bros. Discovery, Inc. Series A Common Stock
Volume: 105.44M shares | Price: $12.58

Technical Indicator Score: 88% Sell
Out of the 8 technical indicators used to analyze this stock, 7 indicated sell signals, 1 indicated a neutral signal.
RSI
Sell
MFI
Sell
WillR
Sell
AO
Sell
CCI
Sell
BBANDS
Sell
ULTOSC
Hold
STOCH
Sell

Overvalued
PFGC
Performance Food Group Company
Volume: 3.21M shares | Price: $99.91

Technical Indicator Score: 88% Sell
Out of the 8 technical indicators used to analyze this stock, 7 indicated sell signals, 1 indicated a neutral signal.
RSI
Sell
MFI
Sell
WillR
Sell
AO
Sell
CCI
Sell
BBANDS
Sell
ULTOSC
Sell
STOCH
Hold

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Technical Indicator Information

Relative Strength Index (RSI) | Period: 14 days | Overvalued threshold: 70 | Undervalued threshold: 30

Money Flow Index (MFI) | Period: 14 days | Overvalued threshold: 80 | Undervalued threshold: 20

Williams Percent Range (WillR) | Period: 14 days | Overvalued threshold: -20 | Undervalued threshold: -80

Aroon Oscillator (AO) | Period: 14 days | Overvalued threshold: 75 | Undervalued threshold: -75

Moving Average Convergence/Divergence (MACD) | Period: 26/12/9 days | Overvalued threshold: MACD crosses below MACD Signal | Undervalued threshold: MACD crosses above MACD Signal

Stochastic Oscillator (STOCH) | Period: 14/3/3 days | Overvalued threshold: %K crosses below %D above 80 | Undervalued threshold: %K crosses above %D below 20

Commodity Channel Index (CCI) | Period: 20 days | Overvalued threshold: 100 | Undervalued threshold: -100

Bollinger Bands (BBANDS) | Period: 20 days | Overvalued threshold: price >= upper band | Undervalued threshold: price <= lower band

Parabolic Stop and Reverse (SAR) | Period: variable 50 - 100 days | Overvalued threshold: SAR crosses above price | Undervalued threshold: SAR crosses below price

Triple Exponential Average (TRIX) | Period: 15 days | Overvalued threshold: TRIX crosses below 0 | Undervalued threshold: TRIX crosses above 0

Ultimate Oscillator (ULTOSC) | Period: 28/14/7 days | Overvalued threshold: 70 | Undervalued threshold: 30

Directional Movement Index (DMI) | Period: 14 days | Overvalued threshold: PlusDI crosses below MinusDI | Undervalued threshold: PlusDI crosses above MinusDI

Average Directional Index (ADX) | Period: variable 14 days | Requirement: >= 25

Analysis is only performed on securities with market caps in excess of $100 million and with daily trade volume in excess of $50 million.

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