Tesla posted one of its worst sales quarters in years, missing Wall Street's expectations. Bloomberg's Craig Trudell discusses Tesla's struggles to turn around its core business. He joins Tim Stenovec on "Bloomberg Tech."
Tesla posted one of its worst sales quarters in years, missing Wall Street's expectations. Bloomberg's Craig Trudell discusses Tesla's struggles to turn around its core business. He joins Tim Stenovec on "Bloomberg Tech."
Oklo (NYSE: OKLO) , a developer of microreactors for modular nuclear power plants, went public through a merger with a special purpose acquisition company (SPAC) nearly two years ago. It opened at $15.50 per share on its first day, and it now trades at about $48. Oklo's stock more than tripled even though it hasn't deployed any of its microreactors or generated any meaningful revenue yet. But coul...
Oklo (NYSE: OKLO) , a developer of microreactors for modular nuclear power plants, went public through a merger with a special purpose acquisition company (SPAC) nearly two years ago. It opened at $15.50 per share on its first day, and it now trades at about $48. Oklo's stock more than tripled even though it hasn't deployed any of its microreactors or generated any meaningful revenue yet. But could this speculative nuclear energy stock actually be one of the smartest long-term investments you can make today? Image source: Getty Images. Continue reading
A “Help Wanted” sign hangs in restaurant window in Medford, Massachusetts, U.S., January 25, 2023. Brian Snyder | Reuters Nonfarm payrolls are expected to bounce back — barely — in March as the bar keeps getting lower for what constitutes a healthy labor market. The U.S. economy is projected to show job gains of 59,000 for the month, an anemic rate by the standards of previous years this decade bu...
A “Help Wanted” sign hangs in restaurant window in Medford, Massachusetts, U.S., January 25, 2023. Brian Snyder | Reuters Nonfarm payrolls are expected to bounce back — barely — in March as the bar keeps getting lower for what constitutes a healthy labor market. The U.S. economy is projected to show job gains of 59,000 for the month, an anemic rate by the standards of previous years this decade but enough to keep the unemployment rate at 4.4%. If the estimate is reasonably accurate, it actually would represent above-trend job growth for a labor market that has created virtually no jobs over the past year. Immigration restrictions, shifting demographics and geopolitical uncertainty have left companies eager neither to hire nor fire workers en masse, resulting in a static labor market and a series of ho-hum monthly counts from the Bureau of Labor Statistics. The BLS will release the number Friday at 8:30 a.m. ET, though the stock market will be closed in observance of the Good Friday holiday. "We have to revise our idea of what a good or bad job number is," said Guy Berger, chief economist at Homebase, which provides workforce management services for small businesses. A report like February's showing job losses "would have been raising alarm bells about the state of the labor market," he added. "Now we're like, yeah, that was a very bad report, but it doesn't freak anybody out about the job market. I didn't look at that report and say, wow, we're on the verge of tipping into recession." Jobless rate in view Echoing views expressed by Federal Reserve Chair Jerome Powell and other central bankers, Berger said he's more focused on the unemployment rate as a gauge of labor market stability. With the changes to the workforce, it's requiring ever-smaller payroll growth to keep the jobless rate steady. The current unemployment rate of 4.4% is just 0.2 percentage point above where it was a year ago, despite the anemic payrolls growth. In a recent report, the St. Louis Fed upd...
Tesla posted one of its worst sales quarters in years, missing Wall Street’s expectations. Bloomberg’s Craig Trudell discusses Tesla’s struggles to turn around its core business. He joins Tim Stenovec on “Bloomberg Tech.” (Source: Bloomberg)
Tesla posted one of its worst sales quarters in years, missing Wall Street’s expectations. Bloomberg’s Craig Trudell discusses Tesla’s struggles to turn around its core business. He joins Tim Stenovec on “Bloomberg Tech.” (Source: Bloomberg)
US President Donald Trump holds a rendering of the East Wing modernization as he speaks to reporters aboard Air Force One en route to Joint Base Andrews, Maryland, on March 29, 2026. Mandel Ngan | Afp | Getty Images President Donald Trump's White House ballroom won final approval from a key agency on Thursday, days after a federal judge ordered a halt to construction unless Congress allows what wo...
US President Donald Trump holds a rendering of the East Wing modernization as he speaks to reporters aboard Air Force One en route to Joint Base Andrews, Maryland, on March 29, 2026. Mandel Ngan | Afp | Getty Images President Donald Trump's White House ballroom won final approval from a key agency on Thursday, days after a federal judge ordered a halt to construction unless Congress allows what would be the biggest structural change to the American landmark in more than 70 years. The National Capital Planning Commission, the agency tasked with approving construction on federal property in the Washington region, went ahead with the vote because U.S. District Judge Richard Leon's ruling on Tuesday affects construction activities, not the planning process, commission spokesperson Stephen Staudigl said. But despite the agency's approval, the judge's ruling and the legal fight over the ballroom could stall progress on a legacy project that Trump is racing to see completed before the end of his term in early 2029. It's among a series of changes the Republican president is planning for the nation's capital to leave his lasting imprint while he's still in office. The vote by the 12-person commission, including three members appointed by Trump, had initially been scheduled for March but was pushed to Thursday because so many people signed up to comment on it at the commission's meeting. The comments were overwhelmingly opposed to the ballroom. Trump tweaks the ballroom design Before voting Thursday, the commission considered some design changes to the 90,000-square-foot (8,400-square-meter) ballroom addition that Trump announced aboard Air Force One on Sunday as he flew back to Washington from a weekend at his Florida home. He removed a large staircase on the south side of the building and added an uncovered porch to the west side. Architects and other critics of the project had panned the staircase as too large and basically useless since there was no way to enter the ballr...
deepblue4you/iStock via Getty Images Investment periodicals publisher Value Line (NASDAQ: VALU ) might seem like an appealing business. It's a well-known brand in financial circles, and there is recurring revenue in selling information products and in licensing Value Line's intellectual property for various fund offerings. In December, however, I argued that while the company is shareholder-friend...
deepblue4you/iStock via Getty Images Investment periodicals publisher Value Line (NASDAQ: VALU ) might seem like an appealing business. It's a well-known brand in financial circles, and there is recurring revenue in selling information products and in licensing Value Line's intellectual property for various fund offerings. In December, however, I argued that while the company is shareholder-friendly, it was facing serious headwinds . VALU stock has drifted about 5% lower since my prior article, which has pushed the stock toward its five-year lows: Data by YCharts Despite the lower entry point, I am still staying on the sidelines with VALU stock. Here's why. Earnings Looked Good, But There Are Cracks Under The Surface Value Line reporting its fiscal year 2026 Q3 results on March 16th. The report covered the three months ended Jan. 31, 2026. If you just glanced at the top-line numbers, things probably seemed fine. EPS jumped to 63 cents, up meaningfully from the 55 cents reported in the same period of 2025. If you annualize that 63 cent figure, the company would be on pace to make about $2.52 per share in earnings over a full year. That would make the current $35 share price seem quite attractive. The 3.7% dividend yield adds a solid income component as well. But there's a big caveat when you dig more deeply into the numbers. Namely, the company includes investment income in its overall EPS numbers. Here's the table for Value Line's Q3 results: Value Line Q3 income statement (SEC filing) As shown here, investment gains skyrocketed from $662,000 to $2.2 million for the quarter. This helped lead to an overall increase in net income from $5.2 million to $5.9 million over the period. If you look closely, though, you'll see the overall increase in earnings was much smaller than the change in investment income. What explains the difference? This is where things get more concerning for Value Line's long-term outlook. Consider the revenue part of the income statement. The com...
Chime is launching new accounts that offer cash-back and benefits as it steps up its challenge to traditional banks. Chime CEO Chris Britt discusses the company’s plans and the state of the US consumer with Tim Stenovec on “Bloomberg Tech.” (Source: Bloomberg)
Chime is launching new accounts that offer cash-back and benefits as it steps up its challenge to traditional banks. Chime CEO Chris Britt discusses the company’s plans and the state of the US consumer with Tim Stenovec on “Bloomberg Tech.” (Source: Bloomberg)
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the Stocks That Can Make You Richer in 2026. On March 18, Advanced Micro Devices, Inc. (NASDAQ:AMD) announced its strategic partnership with NAVER Cloud. The collaboration is aimed at accelerating the development of sovereign AI infrastructure in South Korea using AMD’s open, high-performance compute platforms across NAVER’s […]
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the Stocks That Can Make You Richer in 2026. On March 18, Advanced Micro Devices, Inc. (NASDAQ:AMD) announced its strategic partnership with NAVER Cloud. The collaboration is aimed at accelerating the development of sovereign AI infrastructure in South Korea using AMD’s open, high-performance compute platforms across NAVER’s […]
Tina Fordham, founder & geopolitical strategist at Fordham Global Foresight, joins Scarlet Fu on "Bloomberg Markets." She gives her perspective on geopolitics and oil markets as President Trump comes under increasing international pressure after he pledged to continue the war on Iran, sparking further turmoil in energy markets. (Source: Bloomberg)
Tina Fordham, founder & geopolitical strategist at Fordham Global Foresight, joins Scarlet Fu on "Bloomberg Markets." She gives her perspective on geopolitics and oil markets as President Trump comes under increasing international pressure after he pledged to continue the war on Iran, sparking further turmoil in energy markets. (Source: Bloomberg)
Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential. However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.
Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential. However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.