US Stock Market Move | Energy storage concept stocks collectively rose, GE Vernova (GEV.US) rose more than 6%.
On Monday, stocks related to the concept of energy storage collectively rose.
On Monday, stocks related to energy storage concept collectively rose, with CleanSpark (CLSK.US) and GE Vernova (GEV.US) up over 6%, and Vistra Energy (VST.US) and Generac (GNRC.US) up over 5%. On the news front, institutions believe that the changing situation in the Strait of Hormuz may help accelerate the global energy transition. Conflicts may disrupt energy supply and lead to higher prices, increasing demand for energy storage. It is expected that the global installed capacity of energy storage will reach over 1500GWh+ by 2030.
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TIMELESS (08028) subsidiary plans to offer 40,000 tokens for subscription, expecting to raise over 22.57 million Hong Kong dollars to develop the precious metals business.
INDIGO STAR (08373) released its 2025 annual performance, with a net profit of 1.944 million Singapore dollars, a year-on-year decrease of 38.6%.
Storage chips are facing an exacerbation of supply-demand imbalance. Wedbush predicts that prices of some products will rise by more than 100%.
TIMELESS (08028) subsidiary plans to offer 40,000 tokens for subscription, expecting to raise over 22.57 million Hong Kong dollars to develop the precious metals business.
INDIGO STAR (08373) released its 2025 annual performance, with a net profit of 1.944 million Singapore dollars, a year-on-year decrease of 38.6%.
