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Key PointsBut its revenue slumped, and its profitability fell dramatically.
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Robert Reich, former US Labor Secretary, discusses persistent inflation, very slow hiring, and wages that trail prices. He speaks with Romaine Bostick on Bloomberg's "The Close." (Source: Bloomberg)
Tesla (NASDAQ:TSLA), a global electric vehicles (EV), battery storage, and energy software provider, closed at $370.59, up 4.65%.
Key PointsMicron's revenue was a record $54.2 billion for its fiscal fourth quarter.
Chris Phelan CEA Chairman, sees inflation clearly easing and thinks it's doing so quickly enough. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)