Gregory Beard, director of the Department of Energy’s Office of Energy Dominance Financing. Courtesy: U.S. Department of Energy Former Apollo executive and longtime New Yorker Gregory Beard says he wouldn’t have left the private sector for just any job. But opportunity came knocking in the form of Energy Secretary Chris Wright, who tapped Beard to…
We get so caught up in the buzz and the sizzle that we forget about the steak, especially in this era of GLP-1s, which have revolutionized the treatment of diabetes and obesity and are being studied for so many more diseases and conditions. That’s my chief takeaway from meeting with 15 different CEOs, a dozen…
Almost every night, for almost a decade, I got a phone call between 7:00 and 7:01 p.m. ET. I didn’t have to look at the three letters on my phone screen to know who was ringing. It was the old man we called Pop, or more like “The Old Man of the Mountain,” as he…
We had some big wins this week from investing in stocks and managing a portfolio — not speculating, not betting, not risking it all on a wing and a prayer that would make Vegas casino owners green with envy. Honeywell delivered with a terrific quarter in aerospace — and you can, at last, see that…
Nuclear stocks rallied Wednesday after the U.S. Army launched a program to deploy small reactors. Shares of NuScale, a small reactor developer, soared 17%. Oklo and Nano Nuclear were up nearly 7% and 4%, resepectively. The uranium company Centrus was up 13%. The U.S. Army on Tuesday launched a program to build micro nuclear reactors…
Too many risky stocks helped the market bounce back from last week’s sell-off, according to CNBC’s Jim Cramer. “I don’t love a day like today because the speculative stocks make for bad leadership,” he said. “It’s much more encouraging when the tried and true do the leading, even if the tried and true means the…
Stocks were brutalized Friday in a way we haven’t seen in ages. Everything except some downtrodden consumer packaged goods stocks, led by the resurgent PepsiCo , was slaughtered. The headwinds were enormous and came from disparate places. Bond yields came down huge, something that equity markets normally greet with tremendous relief and price-to-earning multiple expansion….
Government shutdowns should, theoretically, matter to the stock market. A shutdown could hurt spending power for up to 900,000 people, the highest estimate I have seen for those to be furloughed. That’s a lot of people who will spend a lot less money – especially because most Americans live paycheck to paycheck. Shutdowns still don’t…
GE Hitachi Nuclear Energy’s BWRX-300 small modular reactor incorporates proven components. Courtesy: GE Vernova Van Buren County is a rural redoubt in southwestern Michigan, a quiet corner of a swing state. Pillow soft sand dunes shift and shape along the shores of Lake Michigan. And the county seat – Paw Paw – is named after…
My top 10 things to watch Tuesday, Sept. 30 1. Wall Street was heading for a slightly lower open as the prospect of a government shutdown loomed. House Speaker Mike Johnson told CNBC that Democrats should “do the right thing” and pass a clean stopgap funding measure. Federal funding runs out today, risking a shutdown…
