...the market is not rewarding earnings beats.

MSFT is the biggest funding short, while META heads into earnings as one of the market's most closely watched AI trades, with investor focus centered on whether mgmt can begin connecting elevated infrastructure spending to credible long-term revenue...

“The country has turned into a casino...”

...stocks have struggled historically in the first two weeks of August – we think this trend likely continues amid monetary policy and geopolitical uncertainty...

Peptides are short chains of amino acids that help regulate metabolism, growth and tissue repair...

NANO Nuclear is establishing itself as the preferred supplier for the Air Force's nuclear needs...

Memory Capitulation? GS: Biggest two-day liquidation since the AI memory trade took off.

Both sides now downplaying & 'moving on' from dangerous escalation incident...

If Chinese models keep gaining and token prices keep falling, the hyperscaler cash flows expected may prove too optimistic...

The state is refusing to hand over information to the DOJ involving a voter registration error that allowed thousands of noncitizens to register to vote...

The Trump administration continues to drain the Strategic Petroleum Reserve...

Saying less would neatly resolve the risk central bankers face of painting themselves into a corner when goaded into issuing forward guidance by enthusiastic journalists...

Six weeks. That's all it took for one of the world's hottest AI trades to become one of its ugliest unwinds.

"The offer will go out to staff in research, development, planning..."

An assertive dovish turn from the Fed would definitively end the market’s long-held habit of expecting forward guidance on monetary policy, while taming speculation and, possibly, inflation.

"We continue to see the strong adoption of AI glasses and the growth opportunity ..." 

High-tech developers and hyperscalers are financing a nuclear renaissance and will mass-produce portable reactors. Not next decade. Next year.

Going forward, the debate increasingly shifts from who still needs to sell to whether fundamentals can reassert themselves...

Invoking the 5th...

One of the fastest AI deleveraging events in recent memory has reset positioning, crushed momentum and pushed SOX back to its 100-day moving average. Is it finally becoming dangerous to stay bearish?