News for EDP Renovaveis SA (EDW.BE)

By Giulia Petroni EDP Renovaveis SA said Wednesday that 2020 profit rose, while revenue and production fell on year. The Portuguese renewable-energy company posted a net profit of 556... | February 24, 2021

European stocks retreated slightly on Friday, as investors monitor a fresh batch of economic data and the gathering pace of vaccinations against Covid-19.

The rollout of climate policies in the coming years is expected to lead to a dramatic surge in power demand.

The retail trading frenzy that shook the US market over the past few weeks made a ripple across European bourses, shining a light on their frothy valuations and showing how easily the party could end.

As more investors crowd into socially responsible investments, some are warning of a potential bubble forming in the ESG exchange traded fund category.

ESG funds may underperform if investors move away from overvalued stocks, especially the technology and clean energy shares that fueled the 2020 rally.

With the Nasdaq 100 trading near dot-com-era-high valuations of the early 2000s, the likes of Bank of America Corp. are floating warning balloons.