News
There is a number that captures the scale of what Morgan Stanley has quietly built over the past eighteen months: 40. That is how many billion dollars the bank has sold in a new class of AI infrastructure bonds - a financial instrument that barely existed two years ago and is
Tech
There is a number that captures the scale of what happened to the AI trade last week: 1 trillion. That is how many dollars in market value were erased from chip stocks in a matter of days, as the Philadelphia Semiconductor Index posted its steepest weekly decline in over a
Tech
IBM's stock plummeted 25% on July 14, 2026 - its worst day in history - as enterprise clients redirected capital budgets from software to AI infrastructure, signaling a hidden casualty of the AI boom.
Macro
Trump's reinstatement of the Iranian blockade sends oil surging 9.4% and forces the Federal Reserve into an impossible policy choice between fighting inflation and supporting economic growth.
Earnings
There is a number that defines what Wall Street is doing this morning: five. That is how many of the largest banks in America are reporting second-quarter 2026 earnings before the opening bell today, July 14 - the same morning the Bureau of Labor Statistics releases the June Consumer Price
Tech
There is a number that captures the scale of what begins trading on Nasdaq today: 26.5. That is how many billion dollars SK Hynix raised in its American Depositary Receipt offering, pricing at $149 per ADS on Thursday and launching under the ticker SKHY on Friday, July 10, 2026.
Earnings
PepsiCo beat Q2 expectations this morning, kicking off earnings season. But the real test comes July 14, when JPMorgan, Goldman Sachs, Citigroup, and the rest of Wall Street's biggest banks open their books.
News
There is a number that captures the ambition of what happened in Dallas on July 6, 2026: 275. That is how many million dollars the Texas Stock Exchange - known as TXSE - has raised from some of the most powerful names in American finance to build the first serious challenger to
News
There is a number that captures the significance of what happens to the Nasdaq-100 today: 4.3. That is how many billion dollars J.P. Morgan estimates will flow into SpaceX shares as passive index funds are forced to buy the stock following its inclusion in the benchmark index.
Macro
Analysts are forecasting 25% S&P 500 earnings growth, but some of Wall Street's most respected voices are asking if these record profit forecasts are sustainable. With Q2 earnings season beginning July 13, the margin of safety on earnings has narrowed to a critical point.
Macro
June's jobs report reveals a labor market losing steam: only 57,000 nonfarm payroll jobs added, half of forecasts, with 720,000 workers leaving the labor force entirely. What the weak data means for the Fed's rate path.
Tech
Sam Altman has proposed giving the U.S. government a 5% stake in OpenAI worth $42.6 billion. We examine what this means for AI ownership, government industrial policy, and the future relationship between Washington and Silicon Valley.