Elon Musk says the fastest way for the United States to dramatically increase its effective energy output isn’t by building new power plants: it’s by deploying batteries at scale. By buffering energy that already exists, Musk argues the U.S. could nearly double the amount of usable energy it produces each year without massive new generation investments. He also pointed to China as already moving a...
Elon Musk says the fastest way for the United States to dramatically increase its effective energy output isn’t by building new power plants: it’s by deploying batteries at scale. By buffering energy that already exists, Musk argues the U.S. could nearly double the amount of usable energy it produces each year without massive new generation investments. He also pointed to China as already moving aggressively in this direction, building enormous battery systems alongside electric vehicles and solar at an industrial scale. Musk’s argument hinges on a distinction that rarely makes it into public energy debates: peak power versus average power. According to Musk, the CEO of Tesla (TSLA) and SpaceX, the U.S. power system can deliver roughly 1.1 terawatts at peak demand, but average usage sits closer to half a terawatt. That means vast amounts of generation capacity exist solely to meet short bursts of demand and remain underutilized much of the time. In Musk’s view, batteries are the simplest solution to that mismatch. By charging during periods of low demand, often overnight, and discharging during peak hours, energy systems can dramatically increase how much useful work they perform over the course of a year. The striking claim is that this improvement doesn’t require doubling power plants, transmission lines, or fuel inputs. It’s largely a matter of storing energy more intelligently. Framed this way, batteries aren’t a peripheral technology. They become core infrastructure. Musk described large-scale storage as the most efficient lever available to raise national energy productivity, arguing that the system already has the raw capacity, it just lacks the buffering needed to use it continuously. When asked why this hasn’t been fully implemented, Musk suggested that in some parts of the world, it already is. He pointed to China , noting that the country is producing massive battery packs, scaling electric vehicle manufacturing, and deploying solar at unprecedented level...
Eva Blanco/iStock via Getty Images I posted this image in an article on the REMX ETF back in October , and I still think of it anytime I see modern tech. Be it smartphones galore in society, the computer I am typing this article on, or the EV in my neighbor's driveway, they all rely on some level of rare earth mineral input. This chart is a reminder that Western modernity is not self-sufficient. R...
Eva Blanco/iStock via Getty Images I posted this image in an article on the REMX ETF back in October , and I still think of it anytime I see modern tech. Be it smartphones galore in society, the computer I am typing this article on, or the EV in my neighbor's driveway, they all rely on some level of rare earth mineral input. This chart is a reminder that Western modernity is not self-sufficient. Rose Technologies China, the leading economy in the “New Axis” grouping (which also includes Russia et al.), has been front-and-center of the conversation around the U.S.'s lack of access to the production of rare earths. Part of the attention is in response to China's recent restrictions on rare earth exports , something described as the “weaponization” of their monopoly on the production of critical materials. Indeed, it has rattled alarm bells in the West, something I wish had been going off in the past ten years instead of now, before this gap with China got as bad as it has. However, we are now seeing an increasingly heavy-handed approach to this market by Western governments, something that will (and has) benefit the companies actually mining and processing these materials. Washington Intervenes The recent news about “ Project Vault, ” the President's plans to create a truly enormous stockpile of rare earth materials, starting with $12B in seed money to the U.S. Import-Export Bank (“EXIM”), is one of several steps taken by the current government to secure the West's place in the rare earth supply chain. I covered the government intervention into individual firms in a previous article, “ The Critical Materials Rally Will Continue .” I suspect that one of the ways in which the US will continue to fight back against [the asymmetry of rare earth access with the Chinese]... is to invest further into the sector, like they already have with MP Materials ( MP ), Lithium Americas ( LAC ), and Trilogy Metals ( TMQ ). The Department of Defense.. . has been investing in these oper...
Citadel’s Ken Griffin said the Trump administration’s tendency to reward loyalists doesn’t play well with business executives and criticized the president’s willingness to enrich his family while in office. “Most CEOs don’t want to find themselves in the business of sucking up to one administration,” Griffin said in an interview Tuesday at a Wall Street Journal event. When the US government “taste...
Citadel’s Ken Griffin said the Trump administration’s tendency to reward loyalists doesn’t play well with business executives and criticized the president’s willingness to enrich his family while in office. “Most CEOs don’t want to find themselves in the business of sucking up to one administration,” Griffin said in an interview Tuesday at a Wall Street Journal event. When the US government “tastes of favoritism,” executives worry they could win or lose based on whether they publicly support the administration, he added. It’s not the first time Griffin has criticized President Donald Trump . Last month, Griffin said more US business executives should speak their mind about Trump’s policies. Griffin said Trump has made “missteps” in making decisions that benefit his family while in office. It raises the question of whether the public is being served, he said Tuesday. Between the early days of his reelection campaign through May of 2025, Trump doubled his net worth to about $5.4 billion, Bloomberg reported last year. In that time, the Trump name powered billions of dollars in real estate deals, a social media company and a crypto venture, among others. Read More: The Trump Family’s Money-Making Machine Griffin also said he hasn’t ruled out taking a run at politics. “I’d like to believe that at a future point in my life, that I would be involved in public service,” he said, adding that it’s probably unlikely in the next few years.
Key Notes MetaMask now offers 200+ tokenized US securities including Apple, Amazon, Microsoft, Nvidia, and Tesla plus commodity ETFs through Ondo Global Markets integration. The integration represents one of the first native tokenized stock and ETF access options in a major self-custodial wallet for non-US users. Tokenized assets enable 24/7 blockchain transactions and address infrastructure limit...
Key Notes MetaMask now offers 200+ tokenized US securities including Apple, Amazon, Microsoft, Nvidia, and Tesla plus commodity ETFs through Ondo Global Markets integration. The integration represents one of the first native tokenized stock and ETF access options in a major self-custodial wallet for non-US users. Tokenized assets enable 24/7 blockchain transactions and address infrastructure limitations that caused trading freezes like the 2021 GameStop incident. MetaMask and Ondo Finance have announced an integration bringing tokenized US stocks, ETFs, and commodities directly into MetaMask wallet via Ondo Global Markets. The integration gives non-US MetaMask Wallet app users access to more than 200 tokenized US securities on the Ethereum mainnet including US stocks such as Apple, Amazon, Microsoft, Nvidia, and Tesla as well as ETFs representing silver, gold, and platinum. According to a Feb. 3 press release, the integration, which is now live, marks one of the first instances of native access to tokenized US stocks and ETFs within a major self-custodial wallet for users outside of the US. Tokenized US stocks and ETFs are now LIVE in MetaMask. Markets are moving onchain, thanks to @OndoFinance. 🧵👇 pic.twitter.com/1hh979VEo6 — MetaMask 🦊 (@MetaMask) February 3, 2026 Tokenized Securities for The Self-custodial Crowd The broader cryptocurrency and digital assets market has shown an increasing interest in tokenized stocks, ETFs, and commodities. Online brokerage and fintech services from industry leaders such as Robinhood and E-TRADE have seen a surge in demand over the past few years, however the self-custody options for these services are relatively limited. As Coinspeaker recently reported, Ondo Finance launched its tokenized assets service on the Solana network on Jan. 21. The launch challenges rival xStocks and its market share of approximately 93%. Meanwhile, Robinhood CEO Vlad Tenev recently published a post on X.com discussing the GameStop trading freeze of 202...
Carolina Rudah/iStock Editorial via Getty Images A relatively stable bottom line isn't doing much to hold back pan-Nordic lender Nordea ( NRDBY ) ( NBNKF ), with a combination of favorable sentiment and a weaker dollar driving its ADSs to an impressive 17% return since my last update in October. Downgrading the stock to “Hold,” my only gripe with Nordea was its valuation. The bank's profitability ...
Carolina Rudah/iStock Editorial via Getty Images A relatively stable bottom line isn't doing much to hold back pan-Nordic lender Nordea ( NRDBY ) ( NBNKF ), with a combination of favorable sentiment and a weaker dollar driving its ADSs to an impressive 17% return since my last update in October. Downgrading the stock to “Hold,” my only gripe with Nordea was its valuation. The bank's profitability ha d been transformed by higher interest rates, but with its shares re-rating to a multi-year high price-to-book ratio, I felt that the market had (finally) given the bank the credit it deserved. Since then, Nordea has released another set of quarterly results and has also held a Capital Markets Day. Now is a good time to catch up on the story. I remain cautious, with Nordea's valuation already reflecting its bullish medium-term outlook. Data by YCharts NII Close To Bottoming Nordea reported its fourth quarter 2025 results last week. Net income clocked in at €1.157 billion, up a modest €28 million year-over-year. EPS did see a bigger boost thanks to buybacks, rising mid-single-digits to €0.34 (around $0.40 per ADS). As you can see, after initially rising in 2022, Nordea's bottom line has been relatively stable in recent years: Data Source: Nordea Quarterly Results Releases Looking at the drivers of this, margin contraction continues to be a headwind. To quickly recap, mortgages account for roughly half of Nordea's loan book. Unlike in the United States, where a 30-year fixed-rate loan is the standard product, the majority of Nordic mortgages pay a floating rate. This allowed Nordea's interest margin to reprice quickly (and favorably) when interest rates were rising, which turned into a headwind during the easing cycle. Data Source: Nordea Quarterly Results Releases Nordea's net interest margin was 1.57% last quarter, down 2 bps from my last piece and 16 bps year-on-year. While a headwind, Nordea has managed to grow its volumes, with loans and deposits both rising last quart...
In trading on Tuesday, shares of Frontdoor Inc (Symbol: FTDR) crossed below their 200 day moving average of $57.94, changing hands as low as $56.93 per share. Frontdoor Inc shares are currently trading down about 2.1% on the day. The chart below shows the one year performance of FTDR shares, versus its 200 day moving average: Looking at the chart above, FTDR's low point in its 52 week range is $35...
In trading on Tuesday, shares of Frontdoor Inc (Symbol: FTDR) crossed below their 200 day moving average of $57.94, changing hands as low as $56.93 per share. Frontdoor Inc shares are currently trading down about 2.1% on the day. The chart below shows the one year performance of FTDR shares, versus its 200 day moving average: Looking at the chart above, FTDR's low point in its 52 week range is $35.61 per share, with $70.135 as the 52 week high point — that compares with a last trade of $57.05. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Silgan Holdings supplies rigid packaging for major consumer brands, spanning food, beverage, and healthcare markets worldwide. What happened According to a Securities and Exchange Commission (SEC) filing dated Feb. 3, 2026, Bernzott Capital Advisors bought 71,353 shares of Silgan Holdings (SLGN +1.85%) during the fourth quarter of 2025. The estimated transaction value was $2.90 million, calculated...
Silgan Holdings supplies rigid packaging for major consumer brands, spanning food, beverage, and healthcare markets worldwide. What happened According to a Securities and Exchange Commission (SEC) filing dated Feb. 3, 2026, Bernzott Capital Advisors bought 71,353 shares of Silgan Holdings (SLGN +1.85%) during the fourth quarter of 2025. The estimated transaction value was $2.90 million, calculated using the average quarterly closing price. The Silgan position’s quarter-end value increased by $2.53 million, reflecting both additional shares and price fluctuations. What else to know The buy lifted Silgan to 3.9% of Bernzott’s 13F reportable assets under management. Top holdings after the filing: Vanguard Total World Stock ETF : $21.74 million (10.3% of AUM) Colombus McKinnon Corp. : $9.33 million (4.4% of AUM) Silgan: $8.21 million (3.9% of AUM) TIC Solutions : $8.01 million (3.8% of AUM) Vishay Intertechnology : $7.97 million (3.8% of AUM) As of Feb. 2, 2026, Silgan shares were priced at $43.19, down 19.86% from the prior year, underperforming the S&P 500 by 35 percentage points. Company overview Metric Value Price (as of market close February 2, 2026) $43.19 Market Capitalization $4.73 billion Revenue (TTM) $6.43 billion Net Income (TTM) $315.27 million Company snapshot Silgan Holdings manufactures rigid packaging, including metal containers, plastic closures, and custom plastic containers for consumer goods, food, beverage, personal care, healthcare, and industrial applications. The company generates revenue primarily through the sale of packaging products across three segments: Dispensing and Specialty Closures, Metal Containers, and Custom Containers, leveraging a combination of direct sales, distributors, and online channels. Its main customers are consumer goods producers in North America, Europe, and internationally, serving end markets such as food, beverage, household, personal care, and healthcare. Silgan Holdings is a leading global supplier of rigid packa...
From trend to stress, why the "Friday sell-off" was not a correction I firmly believe that the vast majority of you did not buy silver in the days when we were breaking record after record at ATH and statistically deviating from any standards. If not, believe me, I am currently observing a minute of silence for you. However, Friday's sell-off in silver ( SLV ) and gold ( GLD ) was not a normal cor...
From trend to stress, why the "Friday sell-off" was not a correction I firmly believe that the vast majority of you did not buy silver in the days when we were breaking record after record at ATH and statistically deviating from any standards. If not, believe me, I am currently observing a minute of silence for you. However, Friday's sell-off in silver ( SLV ) and gold ( GLD ) was not a normal correction but a liquidation of overleveraged positions after technical extremes. The situation that has arisen normally leads to a phase of high volatility and mean reversion in the following days, not a smooth return to new highs as many traders expect. I’m basing my view on one simple shift: the market went from riding a trend to managing stress. After the FOMC's decision to keep rates at 3.5%–3.75%, an anomaly occurred in the precious metals market that should have warned people. In general, precious metals, like stocks and risky assets, benefit from lower interest rates, when money is cheap and these assets gain value. However, after the decision to keep rates unchanged, gold jumped by 5 standard deviations, up to 6.5% at one point, but with one major problem. That was liquidity. On Wednesday, it was absolutely miserable, the lowest in recent times, even for silver. Low volume and one of the largest candles on the chart in most cases precede a trend reversal, as has happened now. On Friday, SLV closed with a loss of approximately 28.6%, and gold with a loss of 10.2%. That lines up with how this market usually behaves. Silvers tends to move roughly three times as much as gold, so the swing looks proportionate. However, the reversal in gold tells us that this is not just a "silver story," but systemic stress in positioning. Currently, I expect a very wide trading range in the coming days, as well as false breakouts on both sides, when positions will be liquidated and the market will be cleared of leveraged positions. At this moment, the most expensive mistake for anyone is ...
Key Points President Trump says Project Vault will include a strategic uranium reserve. Energy Fuels has been the leading U.S. producer of natural uranium concentrate for the past several years. 10 stocks we like better than Energy Fuels › Energy Fuels (NYSEMKT: UUUU) stock skyrocketed 15.6% through noon ET Tuesday as further details emerged about President Trump's "Project Vault." Initial reports...
Key Points President Trump says Project Vault will include a strategic uranium reserve. Energy Fuels has been the leading U.S. producer of natural uranium concentrate for the past several years. 10 stocks we like better than Energy Fuels › Energy Fuels (NYSEMKT: UUUU) stock skyrocketed 15.6% through noon ET Tuesday as further details emerged about President Trump's "Project Vault." Initial reports on Project Vault broke Monday, describing it as a $11.7 billion effort to amass a strategic reserve of rare-earth metals. Rare-earth mining companies such as USA Rare Earth (NASDAQ: USAR) were first to benefit (and are popping again today). Now, investors in uranium stocks such as Energy Fuels are joining in the fun. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Because it turns out the President also wants to buy some uranium. Project Vault As CNBC confirms, "the Trump administration's Project Vault stockpile can include any of the more than 50 minerals listed as critical by the Interior Department," including "rare earths, lithium, uranium." Or as the President put it: "We're not just doing certain minerals and rare earths. We're doing everything." The bit about uranium is exciting Energy Fuels investors today. It's "has been the leading U.S. producer of natural uranium concentrate for the past several years," making it a logical choice to benefit from $11 billion-plus in government spending to stockpile uranium and other "critical" metals. Is Energy Fuels stock a buy? But Energy Fuels is not a cheap stock. "Leading producer" or not, Energy Fuels did less than $80 million in sales over the last 12 months -- and lost nearly $100 million. Its free cash flow situation is even worse, with nearly $145 million in annual cash burn. Analysts see Energy Fuels sales surging to $420 million by 2029, but even then, profits will be only $0.45 per share. This giv...
Feb 3 (Reuters) - Google-parent Alphabet is planning to dramatically expand its presence in India, with the possibility of taking millions of square feet in new office space in Bengaluru, India's tech hub, Bloomberg News reported on Tuesday. The company has leased one office tower and purchased options on two others in Alembic City, a development in the city's Whitefield tech corridor, totali...
Feb 3 (Reuters) - Google-parent Alphabet is planning to dramatically expand its presence in India, with the possibility of taking millions of square feet in new office space in Bengaluru, India's tech hub, Bloomberg News reported on Tuesday. The company has leased one office tower and purchased options on two others in Alembic City, a development in the city's Whitefield tech corridor, totaling 2.4 million square feet, the report said, citing people familiar with the deal. Alphabet did not immediately respond to a Reuters request for comment. The first tower is expected to open to employees in the coming months, while construction on the remaining two is set to conclude next year, the report said. If Alphabet does occupy all of the space, the complex could accommodate as many as 20,000 additional staff, which could more than double the company's footprint in India. Alphabet currently employs around 14,000 in the country, out of a global workforce of roughly 190,000, according to the report. (Reporting by Arsheeya Bajwa in Bengaluru; Editing by Arun Koyyur)
Marvin Samuel Tolentino Pineda/iStock Editorial via Getty Images Nelson Peltz, the co-founder and CEO of Trian Fund Management, took aim at Disney’s ( DIS ) latest CEO succession plan during an interview at The Wall Street Journal’s Invest Live event on Tuesday. Peltz questioned the selection of parks and cruise-ship head Josh D’Amaro over entertainment Co-Chairman Dana Walden, suggesting the choi...
Marvin Samuel Tolentino Pineda/iStock Editorial via Getty Images Nelson Peltz, the co-founder and CEO of Trian Fund Management, took aim at Disney’s ( DIS ) latest CEO succession plan during an interview at The Wall Street Journal’s Invest Live event on Tuesday. Peltz questioned the selection of parks and cruise-ship head Josh D’Amaro over entertainment Co-Chairman Dana Walden, suggesting the choice was strategically designed to keep former CEO Bob Iger in power. “Iger needs a reason to stay on,” Peltz said, according to the Journal. “And if he put the person in charge of entertainment as the CEO, he wouldn’t have an excuse to stay on.” The Trian chief executive argued that by choosing an executive from the parks division rather than the entertainment side, Iger has positioned himself to remain indispensable to Disney’s core media business. Peltz predicted that Iger would eventually announce that “Josh doesn’t know anything about the movie business…Therefore, I’m gonna stay on and guide them,” according to the Journal interview. D’Amaro is set to become Disney’s CEO on March 18, while Iger will remain as a director and senior adviser until his contract expires on December 31. Peltz drew parallels to Disney’s previous leadership transition, which ended in turmoil. When Iger stepped down in 2020 in favor of former parks chairman Bob Chapek, the two executives clashed internally over control, ultimately leading to Iger’s return as CEO in 2022, the Journal reported. Peltz predicted history would repeat itself with this new transition. Disney’s board offered a starkly different view of the succession process. Chairman James Gorman, who led the succession effort, told the Journal that the committee considered more than 100 candidates before narrowing the field. Gorman, who wasn’t on Disney’s board during the Chapek era, expressed confidence in the upcoming transition, stating, “There’s no tension here. This will go down well.” The critique comes two years after Peltz twic...
Rocket Lab and Intuitive Machines are both promising space-oriented stocks. Over the past few years, many space-oriented companies have gone public by merging with special purpose acquisition companies (SPACs). Many of those stocks fizzled out after those companies failed to expand their fledgling businesses. However, two resilient SPAC-backed space stocks -- Rocket Lab (RKLB +4.74%) and Intuitive...
Rocket Lab and Intuitive Machines are both promising space-oriented stocks. Over the past few years, many space-oriented companies have gone public by merging with special purpose acquisition companies (SPACs). Many of those stocks fizzled out after those companies failed to expand their fledgling businesses. However, two resilient SPAC-backed space stocks -- Rocket Lab (RKLB +4.74%) and Intuitive Machines (LUNR +1.51%) -- survived that wash-out. Let's see why they're still both worthwhile investments today. Rocket Lab Rocket Lab produces reusable orbital rockets. It has launched its flagship rocket, the Electron, 81 times to date for the deployment of over 248 satellites. It plans to launch its second rocket, the Neutron, this year to start carrying much heavier payloads. Expand NASDAQ : RKLB Rocket Lab Today's Change ( 4.74 %) $ 3.52 Current Price $ 77.67 Key Data Points Market Cap $40B Day's Range $ 75.98 - $ 79.47 52wk Range $ 14.71 - $ 99.58 Volume 326K Avg Vol 24M Gross Margin 28.93 % Its top customers include NASA, the U.S. Space Force, the Swedish National Space Agency, Kinéis, and BlackSky Technology (BKSY +7.66%). It also recently secured an $816 million contract with the U.S. Space Development Agency to design and manufacture 18 satellites for its missile-defense satellite constellation. That contract -- its largest to date -- will diversify its business away from its core launch services. Over the long term, it plans to expand into an "end-to-end" provider of space transportation services. Wall Street expects Rocket Lab to more than double its revenue from $600 million in 2025 to $1.29 billion in 2027 as it turns profitable by the final year. It isn't a bargain at 33 times next year's sales, but it could be a great long-term play on the nascent space transportation market. Intuitive Machines Intuitive Machines produces lunar landers and exploration vehicles. It's already sent two of its Nova-C landers to the moon for NASA: IM-1 (Odysseus) in February 202...