Latest news with #Spruce
Daily Mirror
13 hours ago
- General
- Daily Mirror
Garden fences will be covered if you use 'fast-growing' climbing plant
The trumpet vine is a 'fast growing' climbing plant that can transform a plain fence or wall into a lush, green backdrop but it does come with a warning Garden gurus have revealed the ultimate solution for an unsightly plain wall or fence: a fast-growing, vibrant climbing plant known as the trumpet vine. It is touted as a "fast-growing" climber and praised for swiftly bringing verdant life and striking flowers to any bland backdrop, reports the Express. TikTok garden aficionado Michael (@themediterraneangardener) recommended the vine for those looking for a unique climber, saying, "Looking for a climber that's a little bit different, then maybe consider the trumpet vine." Explaining its distinctive features, Michael added: "Trumpet vines or Campsis radicans are a vigorous woody climber grown for its attractive orange-red trumpet-like flowers in contrast to its lush green leaves." He emphasised its rapid growth, with promises of quick coverage for walls or fences: "Fast-growing, it will quickly cover a wall or a fence." And for those seeking seasonal blooms, he noted, "If you're looking for a climber that flowers late summer to autumn, then this one is for you." Growing Trumpet Vines Boasting impressive heights of up to 30 to 40 feet and widths between four to 10 feet, trumpet vines thrive in full sun to partial shade – requiring at least six hours of sunlight nearly every day. The Spruce's gardening pundits suggest minimal watering for these climbers, advising only to hydrate them when signs of wilt occur. For many regions, they claim the typical rainfall is ample to maintain the plant's health. "About one inch of water per week, through a combination of rainfall and/or irrigation, is entirely sufficient for good plant performance." No fertilisers are required for Trumpet vines; they are "aggressive spreaders" and can thrive in lean soil. The soil type must be sandy, clay, moist, and well-drained. "These vigorous vines do not require any particular care once they are done blooming," reported the Spruce. However, pruning is recommended in the spring before growth starts. "Cut the plant back to nearly ground level, leaving only a few buds. It is also okay to cut back in late autumn after the leaves have dried and fallen. This kind of aggressive annual pruning is the best way to keep the plant in check," advised the gardening experts. Gardeners should remember that trumpet vines have rampant growth, which means it's wise to plant them at least six to 12 feet away from buildings or trees. Additionally, these plants are extremely flammable, so it's not wise to plant them adjacent to house foundations or building walls where wildfires are a risk. The Spruce experts cautioned: "A neglected plant that is not pruned back annually can envelop a home or garage in a way that creates a severe fire risk."
Yahoo
28-05-2025
- Business
- Yahoo
Why Artificial Intelligence Stock Tempus AI Is Tumbling Today
Tempus AI offers artificial-intelligence-powered tools to streamline the drug development and launch process. Shares have performed reasonably well -- though erratically -- since last year's IPO, thanks to an endorsement of sorts from a well-known Washington D.C. name. This company's young age and lack of public following have made it something of a target for an established short-selling specialist. 10 stocks we like better than Tempus Ai › Shares of artificial intelligence (AI) company Tempus AI (NASDAQ: TEM) are down to the tune of 15.6% as of 11:13 a.m. ET on Wednesday, upended by a warning from investment management outfit Spruce Point Capital Management. Just consider the source, and the fact that Spruce Point has something to gain by Tempus AI stock's pullback. If the name rings a bell, it may be because California Representative Nancy Pelosi disclosed a bullish stake in the company in January of this year, just months after its June 2024 initial public offering. The company's AI-powered platform helps pharmaceutical developers optimize the creation, testing, and commercialization of new drugs, saving time and money. The potential for such a tool is obvious, as is the reason for Pelosi's interest. Indeed, analysts expect revenue growth of nearly 80% this year and 25% next year, en route to a projected swing to profitability in 2027. Not every observer is impressed, though, or even convinced. Spruce Point Capital Management publicly cautioned all investors on Wednesday that "Tempus Founder Eric Lefkofsky and his associates have a history of promoting disruptive technology companies, cashing out early, and leaving public shareholders with losses or lackluster returns." All told, Spruce believes Tempus AI stock's value is 50% to 60% below its price prior to Wednesday's plunge. To be fair, there's some validity to Spruce Point's concerns. But keep them in perspective. Spruce Point Capital Management and its clients have short positions in Tempus AI stock, meaning they benefit if this ticker loses value. Also bear in mind that one of Spruce's acknowledged focuses is short-selling. In other words, the firm regularly makes such bearish cases for companies, then profits when they decline. Again, it's not that Spruce's points are incorrect, or that its conclusions are unreasonable. Much of the risk voiced today was already known and accepted, though, and built into this volatile stock's price. Risk is the norm for stocks of this ilk. That said, it's worth noting that well-established pharmaceutical company AstraZeneca, Henry Ford Health, and the Mayo Clinic, as well as several universities and research hospitals, are using Tempus AI's technology. Although not all of these partnerships and collaboration efforts will necessarily translate into profitable revenue, the caliber and sheer quantity of organizations interested in Tempus AI's capabilities speak volumes. Bottom line? There's plenty of risk here, to be sure. But there's no new or additional risk being injected by Spruce Point's warning. If you were willing to take this risk yesterday, nothing's actually changed in the meantime except the stock's price. Before you buy stock in Tempus Ai, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Tempus Ai wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,389!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $830,492!* Now, it's worth noting Stock Advisor's total average return is 982% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 James Brumley has no position in any of the stocks mentioned. The Motley Fool recommends AstraZeneca Plc. The Motley Fool has a disclosure policy. Why Artificial Intelligence Stock Tempus AI Is Tumbling Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
14-05-2025
- Business
- Business Wire
Spruce Power Announces $50 Million Share Repurchase Program
DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) ('Spruce') today announced that its board of directors has authorized a share repurchase program (the "Share Repurchase Program") to repurchase up to $50 million of Spruce's common stock on or before May 15, 2027, beginning upon the expiry of its current share repurchase program on May 15, 2025. The Board believes that the authorization of the Share Repurchase Program will enable Spruce to opportunistically return value to shareholders. The Share Repurchase Program authorizes Spruce to effect repurchases through open market transactions, privately negotiated transactions, Rule 10b5-1 trading plans and/or Rule 10b-18 trading plans, and other means. Spruce is not obligated to repurchase any specific number of shares or dollar amount and may discontinue the Share Repurchase Program at any time. The timing, number, and purchase price of share repurchases, if any, will be determined by Spruce's management in its discretion and will depend on a number of factors, including the market price of the shares, general market and economic conditions, and other alternatives available to Spruce. Under Spruce's previous share repurchase program, which commenced on May 15, 2023, through May 12, 2025, Spruce repurchased an aggregate of 1,870,827, shares at a weighted average price of approximately $4.33 per share, inclusive of transaction costs. About Spruce Power Spruce Power Holding Corporation (NYSE: SPRU) is a leading owner and operator of distributed solar energy assets across the United States. We provide subscription-based services that make it easy for homeowners to benefit from rooftop solar power and battery storage. Our power as-a-service model allows consumers to access new technology without making a significant upfront investment or incurring maintenance costs. Our company owns the cash flows from approximately 85,000 home solar assets and contracts across the United States. For additional information, please visit Forward Looking Statements This press release includes 'forward-looking statements' within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and rules promulgated thereunder, including, without limitation, statements about future stock repurchases. Forward-looking statements generally are characterized by the use of certain words or phrases (and their derivatives) such as 'anticipate,' 'believe,' 'could,' 'expect,' 'intend,' 'may,' 'opportunity,' 'plan,' 'goals,' 'target,' 'predict,' 'potential,' 'estimate,' 'should,' 'will,' 'would,' 'continue,' 'likely,' and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions, estimates, and uncertainties that are difficult to predict and are subject to change based on various factors, some of which are beyond Spruce's control. Although we believe that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements as a result of various risks, uncertainties, and other factors. For a discussion of some of the risks and important factors that could affect our future results and financial condition, see our U.S. Securities and Exchange Commission filings, including, but not limited to, our Annual Report on Form 10-K for the fiscal year ended December 31, 2024. These forward-looking statements speak only as of the date hereof and Spruce undertakes no obligation to update these forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law. Investors are cautioned not to rely too heavily on any forward-looking statements, and investors are urged to consider all risks, uncertainties and other factors in evaluating any forward-looking statement made by Spruce.
NBC News
09-05-2025
- Business
- NBC News
No buy, low buy, slow buy: How many consumers are preparing for an economic hit
Americans have been worried about being able to maintain their standard of living since inflation first began to spike in 2021. With renewed cost concerns after President Donald Trump implemented his tariff agenda, many people are prepared to do something about it. A whopping 83% of consumers said that if their financial situation worsens in the coming months, they will strongly consider cutting back on their non-essential spending, according to a new study by Intuit Credit Karma, which polled more than 2,000 U.S. adults in April. On TikTok, money saving hacks, with hashtags such as no buy, slow buy, low buy and underconsumption, have skyrocketed in popularity, especially among young adults. All are aimed at making the most of what you already have and resisting the temptation to buy more stuff, or even anything at all. How no buy, low buy and slow buy challenges work 'No buy 2025' encourages shoppers to cut out all non-essential purchases for the year, including clothing, books, electronics and entertainment. Alternatively, low buy and slow buy advocate for a more mindful approach to buying decisions, such as following ' the 48-hour rule ' before making any discretionary purchases and limiting purchases altogether. The goal is to break the habit of overspending — or ' doom spending ' — as fears of a recession rise. Recent data from H&R Block's Spruce also found that 68% of Generation Z consumers reported being influenced by social media finance trends, with over one-third of them looking specifically to social media for financial knowledge. (America's young adults are also increasingly turning to social media to express their financial dissatisfaction, making a joke of so-called recession indicators.) Why savings challenges are so popular To be sure, Americans are feeling the pain of higher prices, with various reports showing many have exhausted their savings and have been leaning on credit cards to make ends meet. With sweeping U.S. tariffs now going into effect, concern is heightened about the rising cost of goods and making ends meet, especially as the economy shows signs of contracting. 'Consumers are going to have to pay for the increase in prices these tariffs are going to cause and there is no way around it,' said Eugenio Aleman, chief economist at Raymond James. 'The alternative is to reduce consumption, especially in discretionary items.' A survey by Gallup last month found that inflation, housing costs and lack of money are the most commonly cited financial challenges by U.S. adults. According to the poll, which was conducted during a period of extreme market volatility after the Trump administration announced new tariffs on most U.S. trading partners, a record 53% of consumers said their financial situation was getting worse, while just 38% said it was getting better. Additionally, 57% worried about not being able to maintain their standard of living. A separate report by Bankrate found that 43% of adults said money now negatively affects their mental health, at least occasionally, causing anxiety, stress, worrisome thoughts, loss of sleep and depression. 'Tariffs, inflation, higher interest rates and a recession are all forces that Americans can't prevent, no matter how much they want to,' Sarah Foster, Bankrate's economic analyst, said in an email. 'Taking proactive steps to manage your finances can provide a sense of stability and security.' A better way to improve your finances Financial experts say TikTok's latest microtrends can provide a short-term boost to help reach some savings goals, however, there is no substitute for practicing good long-term habits. 'Ignore what others are doing with their money,' said Daniel Milan, managing partner of Cornerstone Financial Services in Southfield, Michigan. 'That to me is a very foundational tenet for any household.' Milan says financial planning starts with a budget. 'People don't like that word,' he said. But rather than jumping on the latest TikTok trend, 'sit down and pencil out what you actually are spending.' Milan recommends flagging excess expenses that can be cut, considering which are 'wants' or 'needs.' Milan says he did this himself at the start of the year after getting married, and was able to cut out some recurring bills as well as subscription services that overlapped with his wife's — to the tune of $800 a month. 'That type of exercise can be extraordinarily powerful from a cash flow perspective,' he said.
CNBC
09-05-2025
- Business
- CNBC
No buy, low buy, slow buy: How many consumers are preparing for an economic hit
Americans have been worried about being able to maintain their standard of living since inflation first began to spike in 2021. With renewed cost concerns after President Donald Trump implemented his tariff agenda, many people are prepared to do something about it. A whopping 83% of consumers said that if their financial situation worsens in the coming months, they will strongly consider cutting back on their non-essential spending, according to a new study by Intuit Credit Karma, which polled more than 2,000 U.S. adults in April. On TikTok, money saving hacks, with hashtags such as no buy, slow buy, low buy and underconsumption, have skyrocketed in popularity, especially among young adults. All are aimed at making the most of what you already have and resisting the temptation to buy more stuff, or even anything at all. "No buy 2025" encourages shoppers to cut out all non-essential purchases for the year, including clothing, books, electronics and entertainment. Alternatively, low buy and slow buy advocate for a more mindful approach to buying decisions, such as following "the 48-hour rule" before making any discretionary purchases and limiting purchases altogether. The goal is to break the habit of overspending — or "doom spending" — as fears of a recession rise. Recent data from H&R Block's Spruce also found that 68% of Generation Z consumers reported being influenced by social media finance trends, with over one-third of them looking specifically to social media for financial knowledge. (America's young adults are also increasingly turning to social media to express their financial dissatisfaction, making a joke of so-called recession indicators.) To be sure, Americans are feeling the pain of higher prices, with various reports showing many have exhausted their savings and have been leaning on credit cards to make ends meet. With sweeping U.S. tariffs now going into effect, concern is heightened about the rising cost of goods and making ends meet, especially as the economy shows signs of contracting. "Consumers are going to have to pay for the increase in prices these tariffs are going to cause and there is no way around it," said Eugenio Aleman, chief economist at Raymond James. "The alternative is to reduce consumption, especially in discretionary items." More from Personal Finance:Is now a good time to buy gold?Why tariffs will hurt low income Americans more than richWhat stagflation risks mean for your money A survey by Gallup last month found that inflation, housing costs and lack of money are the most commonly cited financial challenges by U.S. adults. According to the poll, which was conducted during a period of extreme market volatility after the Trump administration announced new tariffs on most U.S. trading partners, a record 53% of consumers said their financial situation was getting worse, while just 38% said it was getting better. Additionally, 57% worried about not being able to maintain their standard of living. A separate report by Bankrate found that 43% of adults said money now negatively affects their mental health, at least occasionally, causing anxiety, stress, worrisome thoughts, loss of sleep and depression. "Tariffs, inflation, higher interest rates and a recession are all forces that Americans can't prevent, no matter how much they want to," Sarah Foster, Bankrate's economic analyst, said in an email. "Taking proactive steps to manage your finances can provide a sense of stability and security." Financial experts say TikTok's latest microtrends can provide a short-term boost to help reach some savings goals, however, there is no substitute for practicing good long-term habits. "Ignore what others are doing with their money," said Daniel Milan, managing partner of Cornerstone Financial Services in Southfield, Michigan. "That to me is a very foundational tenet for any household." Milan says financial planning starts with a budget. "People don't like that word," he said. But rather than jumping on the latest TikTok trend, "sit down and pencil out what you actually are spending." Milan recommends flagging excess expenses that can be cut, considering which are "wants" or "needs." Milan says he did this himself at the start of the year after getting married, and was able to cut out some recurring bills as well as subscription services that overlapped with his wife's — to the tune of $800 a month. "That type of exercise can be extraordinarily powerful from a cash flow perspective," he said.
