Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Barclays head of US equity strategy & global equity linked strategies Venu Krishna, Goldman Sachs co-head health care business unit David Roman, Hartree Partners senior advisor and commodities analyst Ed Morse, GenTrust head o...
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Barclays head of US equity strategy & global equity linked strategies Venu Krishna, Goldman Sachs co-head health care business unit David Roman, Hartree Partners senior advisor and commodities analyst Ed Morse, GenTrust head of NY office and senior client advisor Mimi Duff, New York State Comptroller Thomas P. DiNapoli, Citi US equity strategist and global head of ETF research Scott Chronert, Morgan Stanley institute deputy global head of research and co-director Michael Zezas. (Source: Bloomberg)
Federal Reserve Governor Lisa Cook says the Iran war has shifted the balance of risks for now, leaving inflation as a bigger concern for policymakers than employment. She speaks during an event in New Haven, Connecticut. (Source: Bloomberg)
Federal Reserve Governor Lisa Cook says the Iran war has shifted the balance of risks for now, leaving inflation as a bigger concern for policymakers than employment. She speaks during an event in New Haven, Connecticut. (Source: Bloomberg)
Earnings Call Insights: Blink Charging Co. (BLNK) Q4 2025 Management View President and CEO Michael Battaglia declared that "the fourth quarter of 2025 marks a pivotal moment for Blink Charging. The most significant transformation in this company's history, our BlinkForward initiative substantially met its 2025 objectives." He emphasized a transition from restructuring to preparing for growth, hig...
Earnings Call Insights: Blink Charging Co. (BLNK) Q4 2025 Management View President and CEO Michael Battaglia declared that "the fourth quarter of 2025 marks a pivotal moment for Blink Charging. The most significant transformation in this company's history, our BlinkForward initiative substantially met its 2025 objectives." He emphasized a transition from restructuring to preparing for growth, highlighting a reduction in global headcount from nearly 600 to fewer than 300 employees and a completed shift to contract manufacturing in the U.S. and India. Battaglia stated, "We reassessed and subsequently wrote off approximately $6 million of legacy inventory at year-end as part of this realignment." Battaglia detailed a 32% decrease in adjusted Q4 operating expenses to $17.1 million, down from $25.2 million in early 2025, and highlighted service revenue growth: "In Q4, our service revenues reached $14.7 million, up 62% year-over-year. Service revenues represented 54% of our total revenue, up from 32% in Q4 of last year." Blink also raised $20 million in a follow-on equity offering in December, primarily to expand its DC fast charging network. CFO Michael Bercovich said, "Q4 2025 revenues were $27 million compared to $28 million in the fourth quarter of 2024," and reported product revenues of $11 million for the quarter. Service revenue increased to $14.7 million, and adjusted gross margin was 37.8%, "significantly above the 34.5% as we reported in Q3 of this year, and year-over-year gross margin improvement of 1,100 basis points." He also noted, "Cash burn for the quarter was $2 million comparable to Q3's $2.2 million and a fraction of the levels we experienced in the first half of 2025." Outlook Bercovich provided guidance for fiscal 2026, targeting total revenue in the range of $105 million to $150 million, describing it as "1% to 11% growth over 2025." He outlined a gross margin target of approximately 34%–35% and emphasized the expectation of "significantly reduced a...
Ashi Sae Yang/iStock via Getty Images Intro While it’s always important to balance risk within a portfolio, during uncertain times, it becomes even more important to put more focus on investments that are less correlated with the main indexes. As is often the case, it’s easier said than done — just like many things in life. As a rule of thumb, the much‑discussed bonds‑versus‑equities split is usua...
Ashi Sae Yang/iStock via Getty Images Intro While it’s always important to balance risk within a portfolio, during uncertain times, it becomes even more important to put more focus on investments that are less correlated with the main indexes. As is often the case, it’s easier said than done — just like many things in life. As a rule of thumb, the much‑discussed bonds‑versus‑equities split is usually a starting point when one is thinking about portfolio diversification. While there are some exceptions, most of the time the two don’t correlate much. Between them, you can include every other asset class — commodities, REITs, cryptocurrencies, and various alternatives such as option‑based strategies. If we look at each asset class more closely, they all have their own subdivisions: in commodities, you have precious metals like gold and silver, and in energy, you have oil and gas, and so on. Bonds can be viewed along a spectrum of risk, starting with Treasuries at the lower‑risk end and extending to junk bonds at the higher‑risk end. In equities, the lower‑risk end might be a boring grocery retailer, while the riskiest end could be a small AI play with no real earnings but an impressive story and an elevated stock price. There’s one asset category that often gets less attention – preferred stocks. Continuing the previous line of thought, I see them sitting somewhere between high‑yield dividend stocks and high‑yield (junk) bonds in terms of risk. They’re technically equities, but in practice, they share more similarities with bonds. Asset Manager Virtus , managing the Virtus InfraCap US Preferred Stock ETF ( PFFA ) built on preferred stocks, offers the following definition and illustrative chart: Preferred stock is a class of capital equity that pays regular dividends at a specified rate and has priority over common stock, but not corporate debt, in the payment of dividends and in any liquidation of the corporation’s assets (hence the term “preferred”). Preferreds are of...
Whenever a place rises up economically on the mainland, some observers inevitably portray it as a potential competitor with Hong Kong. This view misunderstands the crucial role the city plays as a global financial hub in Beijing’s “opening up” liberalisation. Hainan’s new status as a free-trade port is a case in point. The usual suspects warn that the island – more than 30 times the size of Hong K...
Whenever a place rises up economically on the mainland, some observers inevitably portray it as a potential competitor with Hong Kong. This view misunderstands the crucial role the city plays as a global financial hub in Beijing’s “opening up” liberalisation. Hainan’s new status as a free-trade port is a case in point. The usual suspects warn that the island – more than 30 times the size of Hong Kong – could become a duty-free competitor. In reality, besides being Hainan’s biggest source of...
Southland (SLND) delivered earnings and revenue surprises of -1,804.76% and -50.71%, respectively, for the quarter ended December 2025. Do the numbers hold clues to what lies ahead for the stock?
Southland (SLND) delivered earnings and revenue surprises of -1,804.76% and -50.71%, respectively, for the quarter ended December 2025. Do the numbers hold clues to what lies ahead for the stock?
A Constellation Energy executive said on Thursday that a reactor at the former Three Mile Island nuclear power plant will be ready to generate electricity again in 2027, but the company was told that it might not be able to connect to the power grid until 2031. Constellation and Microsoft struck a deal in 2024 to restart the undamaged reactor at the Pennsylvania site, now called the Crane Clean En...
A Constellation Energy executive said on Thursday that a reactor at the former Three Mile Island nuclear power plant will be ready to generate electricity again in 2027, but the company was told that it might not be able to connect to the power grid until 2031. Constellation and Microsoft struck a deal in 2024 to restart the undamaged reactor at the Pennsylvania site, now called the Crane Clean Energy Center. Grid operator PJM Interconnection told Constellation about the potential years-long delay after a study, said David Dardis, senior executive vice president at Constellation, in a presentation at a global energy conference in Houston.
Veritone (NASDAQ:VERI) used its preliminary fourth-quarter 2025 results call to outline a wide revenue range tied to one complex transaction, detail a newly announced partnership with Oracle, and provide fiscal 2026 guidance centered on growth in its Veritone Data Refinery (VDR) business and public
Veritone (NASDAQ:VERI) used its preliminary fourth-quarter 2025 results call to outline a wide revenue range tied to one complex transaction, detail a newly announced partnership with Oracle, and provide fiscal 2026 guidance centered on growth in its Veritone Data Refinery (VDR) business and public
Philippines Declares State Of Emergency As Energy Crisis Looms As we outlined in our recent analysis on Australia's dangerous vulnerability to disruptions in the Strait of Hormuz, most of Asia is heavily exposed and faces an unprecedented energy crisis should the war in Iran continue to prevent safe passage of oil and natural gas from the Gulf. As Australia debates the potential for a national eme...
Philippines Declares State Of Emergency As Energy Crisis Looms As we outlined in our recent analysis on Australia's dangerous vulnerability to disruptions in the Strait of Hormuz, most of Asia is heavily exposed and faces an unprecedented energy crisis should the war in Iran continue to prevent safe passage of oil and natural gas from the Gulf. As Australia debates the potential for a national emergency, the Philippines has already declared one. This week, Philippine President Ferdinand Marcos Jr. signed Executive Order No. 110, declaring a state of national emergency as a targeted measure focused on the energy sector in response to disruptions from the ongoing US-Israel war with Iran. Approximately 98% of all oil bound for the Philippines passes through the Strait of Hormuz. The emergency declaration allows the Philippine government to exert control over fuel prices and fast-track imports from alternative suppliers, such as Russia. Philippine authorities say they have enough fuel to last about 45 days at typical consumption levels. Energy rationing programs are being instituted across Asia and questions are rising about a possible domino effect on global markets. The Philippines announcement comes a day after South Korea launched a nationwide energy-saving campaign, calling on people to ride bicycles for short trips and reduce the length of showers. Japan, meanwhile, said Wednesday that it would soon begin releasing oil from its emergency reserve, equivalent to a 30-day supply. Thailand and Vietnam have also asked citizens to take steps to curtail energy use. China's exposure to Iran and the Hormuz situation could be detrimental. Over 35% of their energy supplies pass through the Strait and 15% of their oil comes directly from Iranian wells. That said, China also has a large oil buffer, with enough emergency supply to last around four months. The emergency declaration in the Philippines is initially set to last one year and serves as a tool to provide the governmen...