Dave Kovaleski

1 day ago | valuewalk.com | Dave Kovaleski

It ends three straight months of PCE inflation declines. Mirroring the increase in the Consumer Price Index in May, Personal Consumption Expenditures (PCE) inflation rose last month, according to the U.S. Bureau of Economic Analysis. The PCE, which is the Federal Reserve’s preferred gauge of inflation, jumped to 2.3% in May, up from 2.1% in April. The 2.3% inflation rate was in line with economists’ estimates. For the month, the PCE rose 0.1%, also in line with estimates.

1 day ago | dailyenergyinsider.com | Dave Kovaleski

Published on June 27, 2025 by Dave Kovaleski Prevalon Energy’s Battery Energy Storage Platform began commercial operation at Idaho Power’s Happy Valley location. The Happy Valley site features an 80 MW four-hour duration battery energy storage system (BESS) with a total capacity of up to 320 MWh. This new installation will ensure that energy generated by intermittent renewable sources can be stored and dispatched when it is needed most. The project was completed ahead of schedule.

1 day ago | dailyenergyinsider.com | Dave Kovaleski

Published on June 27, 2025 by Dave Kovaleski Virginia Natural Gas and Chattanooga Gas, both subsidiaries of the Southern Company, added to their clean energy portfolio with new renewable natural gas (RNG) purchases. RNG is an energy product produced from methane emitted from landfills, agricultural waste, wastewater and food waste as it decomposes. By capturing this methane before it enters the atmosphere, RNG reduces greenhouse gas emissions.

2 days ago | valuewalk.com | Dave Kovaleski

The chipmaker’s outlook is better than analysts’ anticipated. Micron Technology (NASDAQ:MU) has been one of the best performing technology sector stocks this year, returning some 48% YTD while the overall sector is barely treading water. On Thursday, Micron stock was trending about 2% lower for reasons that are not very clear. The company delivered a strong fiscal third quarter earnings report on Wednesday after the market closed and had a better-than-expected outlook.

2 days ago | valuewalk.com | Dave Kovaleski

Vanguard economists offer their insights on what trends could be shaping markets. There are three major themes for investors to keep an eye on as we enter the second half of 2025, according to Vanguard economists. One of them is tariffs, which could have a longer-term effect on stocks, beyond 2025, explained Roger Aliaga-Díaz, chief economist, Americas, and global head of portfolio construction at Vanguard, and Kevin Khang, Vanguard senior international economist.