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.
News
On July 4th weekend, while most of America is firing up grills and watching fireworks, Wall Street is quietly digesting a filing that could reshape how investors think about the fast-casual restaurant sector. Jersey Mike's Subs, the Blackstone-backed sandwich chain, dropped its S-1 registration statement
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.
Earnings
Nike's Q4 earnings reveal a company struggling with China's 17% sales decline, tariff windfalls masking underlying weakness, and an uneven turnaround strategy that has investors questioning whether 'Win Now' is a strategy or a slogan.
News
Alphabet's addition to the Dow Jones Industrial Average marks a symbolic shift in the American economy. Here's what the index swap tells us about where economic power now resides.
Tech
Sam Altman has declared a $1 trillion valuation non-negotiable for OpenAI's IPO, leading the company to delay its public debut until 2027. Following SpaceX's post-IPO stock decline, the market's appetite for trillion-dollar AI valuations is being tested.
News
Ryan Cohen is pressing forward with GameStop's unsolicited $56 billion bid to acquire eBay, even after the board rejected the offer. He's removed his own pay package and pledged $500 million of personal capital. But can a $10 billion company really finance a $56 billion acquisition?
Tech
There is a phrase that captures the scale of what Apple disclosed on Thursday: "hundred-year flood." That is how Tim Cook, Apple's outgoing chief executive, described the global memory chip shortage to The Wall Street Journal - a crisis so severe, so fast-moving, and so
News
There is a number that captures the ambition of what Merck KGaA announced on Thursday morning: 11.3. That is how many billion dollars the German science and technology giant has agreed to pay for Bio-Techne Corporation, a Minneapolis-based life sciences tools company that most investors outside the
Tech
Micron reported $41.5 billion in quarterly revenue - up 346% year over year - and guided Q4 to $50 billion. On the same day, SK Hynix announced a $29.4 billion US Nasdaq listing. Together, the two events make the strongest case yet that AI memory demand is structural, not cyclical.
Tech