Oil Back Above 115, Brent Settling at Its Highest Since April. The Energy Sector Is the Only One Still Making Money.
Wall Street closed Friday with the Dow down 652 points and the S&P 500 and Nasdaq both posting weekly losses. The energy sector hit a ...
France's 10-Year Yield Just Crossed 5 Percent for the First Time Since 2002. Moody's Kept the Rating. The Spread Is Doing the Talking.
Moody's kept France at Aa3 with a negative outlook on October 23, against a field of market participants expecting a cut to A1. Around...
Musk Put $1 Billion Into Skydance. The Money Is a Signal About What the Ellison Takeover Actually Costs.
Elon Musk has invested roughly $1 billion in Skydance Media, the company behind the Ellison-led Warner Bros. acquisition, according to Sem...
Shein Agreed to Pay $100 Million to Settle the FTC Probe. The Number Is Less Important Than the EU Investigation Running in Parallel.
Shein has agreed to pay $100 million to settle the Federal Trade Commission's investigation into its delivery delays and customer comp...
Three Southeast Asian Central Banks Just Put Stablecoins on a Cross-Border Rail — and the Last Quiet Window for Domestic CBDC Plans Closed.
The central banks of Singapore, Malaysia, and Thailand expanded their cross-border stablecoin initiative this week, pulling in Ripple, Vis...
Record Money Poured Into a Leveraged Semiconductor ETF. Then the Rally It Was Chasing Stalled — and the Squeeze Is the Lesson.
Investors poured a record sum into a leveraged semiconductor exchange-traded fund last week, and the rally the product was built to amplif...
China's Bear Market Just Began. Brent Above $112 Means the Selloff Is Not Contained to Asian Equities.
Asian stock markets tumbled Thursday as China officially entered a bear market, with technology shares leading regional losses and mixed U...
The Hot CPI Print Pulled the October Hike Back Into Play. The Bond Market Had Already Voted.
Before the Federal Reserve said anything about October, the bond market had already priced a rate-hike scenario. Then the CPI print confir...
The $54 Billion Micron Quarter Made Memory the New AI Bottleneck. TSMC Is the Next Print.
The AI capex story has had its earnings prints. Micron's $54 billion quarter was the most recent, and it changed what the market belie...
Bank of America Hired 1,000 Contractors to Fix What AI Found. The Bug Bill Just Became a Payroll Story.
Bank of America is no longer deciding how many engineers to add to its security remediation pipeline. A thousand contractors are now in th...
The Hot CPI Print Pulled the October Hike Back Into Play. The Bond Market Had Already Voted.
Before the Federal Reserve said anything about October, the bond market had already priced a rate-hike scenario. Then the CPI print confir...
The $54 Billion Micron Quarter Made Memory the New AI Bottleneck. TSMC Is the Next Print.
The AI capex story has had its earnings prints. Micron's $54 billion quarter was the most recent, and it changed what the market belie...
Bank of America Hired 1,000 Contractors to Fix What AI Found. The Bug Bill Just Became a Payroll Story.
Bank of America is no longer deciding how many engineers to add to its security remediation pipeline. A thousand contractors are now in th...
DRW and Marex Just Settled a Tokenized Credit Swap. It Changes What the Whole Industry Is Building.
The most important tokenization story of the last week did not come from a crypto firm, a hedge fund, or a bank. It came from the world...
JPMorgan Missed. Goldman Blew Out. Bank Earnings Just Redrew the Map.
For weeks, the story of the third quarter has been the chip complex's wobble. Tuesday offered something far more pointed: JPMorgan, th...
TSMC Is About to Post Its Sixth Straight Record Quarter. The AI Chip Trade Just Had Its Earnings Print.
TSMC is expected to report its sixth consecutive quarter of record profit, with revenue up roughly 50 percent to a record forty-six point ...
The RBI's Rupee Fix Is Working. The Rupee Jumped One Percent, and the Hedging Rush It Was Meant to Curb Is the Next Front.
The Indian rupee jumped one percent on the back of the Reserve Bank's new measures to redirect oil-dollar demand and raise the cost of...