Yahoo Finance’s Ines Ferre reports on the day's trending tickers.
Amazon.com Inc and IKEA are among commercial users of container shipping that will opt for zero-carbon marine fuels by 2040 in a new initiative aimed at speeding up decarbonisation in the maritime sector, executives said on Tuesday. With about 90% of world trade transported by sea, global shipping accounts for nearly 3% of the world's CO2 emissions and the sector is under growing scrutiny to become cleaner. The initiative, which was organised by the non-profit Aspen Institute and has nine signatories so far including others such as Unilever and Michelin, sets a goal for companies to only purchase ocean freight services powered by scalable zero-carbon fuels by 2040.
Microsoft (NASDAQ: MSFT) went public in 1986, and investors who bought some shares of its IPO are sitting on some massive multibagger gains today. In fact, investors who invested $1,000 in Microsoft on Feb. 4, 2014 -- the day Satya Nadella succeeded Steve Ballmer as the tech giant's third CEO -- have watched that investment blossom to more than $8,400. Let's look back at how Microsoft became a growth stock again under Nadella's leadership.