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Thursday, November 20, ended up being a bit of a whirlwind for tech investors. The day started off on a positive note, with Nvidia’s shares (Nasdaq: NVDA) rising almost 5% thanks to a strong earnings report shared after the bell on Wednesday. The company’s third-quarter revenue reached $57.01 billion with an adjusted earnings per share of $1.30—both exceeded Wall Street’s estimates. Nvidia also shared that it expects $65 billion in quarter-four revenue, higher than the $62 billion analysts predicted. The other “Magnificent Seven” tech stocks—Alphabet, Amazon, Apple, Meta, Microsoft, and Tesla—rose in turn. But Nvidia’s success wasn’t enough to repel inv…
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As data centers strain the power grid, utilities are scrambling to build new power plants. But a startup in California is one of a handful focusing on the problem from a different angle: building a network of batteries and solar panels at homes to relieve pressure on the grid more quickly. In some cases, thanks to state funding, low-income homeowners can get the systems installed at no cost, and then start saving on their electric bills and have access to backup power if the grid goes down. Others pay a subscription that’s lower than their previous electric bill. Then the startup, called Haven, manages the flow of power back to the grid. Why utilities see Haven’s …
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When life gives people lemons, most try to make the best out of a bad situation. Instead, Beau du Bois, vice president of bar and spirits at Marisi Italian restaurant in La Jolla, California, found himself with an incredible opportunity. In 2021, the Adler and Lombrozo families, owners of the Puesto Mexican restaurant chain, tapped du Bois to build Marisi’s bar program from the ground up. One of the first actions du Bois took when learning about this new venture was starting a batch of limoncello, using a lesser-known Amalfi Coast technique. “They told me about Marisi almost exactly a year before we opened,” du Bois tells Fast Company. “And the very next day, even…
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