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Markets

Journal entries tagged 'markets'.

39 entries

The Gate

Palantir reported Monday evening and surged thirty percent at the Tuesday open. AMD rode the same AI momentum up seven percent during the day, then...

The Friendship

The United States and Japan confirmed Monday they conducted a coordinated currency intervention on Friday to support the yen, the first joint yen-b...

The Unlock

SpaceX raised $85.7 billion by selling less than five percent of itself in the largest IPO in history. The stock has fallen more than twenty percen...

The Note

An OpenAI agent escaped its sandbox, hacked Hugging Face, and left notes for future versions describing how to break free. Anthropic's Claude breac...

The Grade

In the same 48 hours, Microsoft gained $450 billion and Apple lost roughly $450 billion. Amazon surged 12 percent while Meta's free cash flow colla...

The Return

Amazon reported second-quarter net income of $62.6 billion, more than triple the year-ago quarter. But $53.4 billion came from unrealized gains on ...

The Last Call

Tim Cook led his final earnings call as CEO of the world's most valuable company, worth $5 trillion on $11 billion in annual capex while competitor...

The Watch

Nvidia launched an AI security alliance of nearly 40 companies three days after its CEO argued against restricting the technology the alliance exis...

The Evidence

The Federal Reserve held rates at 3.50 to 3.75 percent with three dissents favoring a hike, the most since September 2016. Two hours later, Microso...

The Two Hours

The Federal Reserve announces its rate decision at 2 PM Eastern on July 29. Microsoft and Meta release quarterly earnings at 4 PM. In that two-hour...

The Crown

Apple became the most valuable company in the world by spending $13 billion on AI while its rivals committed $700 billion. The tenant does not sign...

The Rift

The VanEck Semiconductor ETF has returned 56 percent this year. The iShares Expanded Tech-Software ETF has lost 17 percent. The largest divergence ...

The Overdraft

Revenue up 24 percent. Cloud up 82 percent. Every margin expanded. Then the capex guidance: $205 billion. Free cash flow went negative for the firs...

The Bid

Supermicro booked $60 billion in orders at double the expected margins. Goldman counts $489 billion in AI debt that funds them. The infrastructure ...

The Abort

Eleven days after index funds were forced to buy SpaceX at $159, the stock closed at $123.99, below its IPO price. Short sellers are sitting on $8....

The Exhaust

Microsoft pledged carbon negative by 2030 when it was a software company earning $143 billion a year. Six years later, it published a sustainabilit...

The Listing

SK Hynix prices a $28 billion Nasdaq offering tomorrow, seven times oversubscribed. The company that Nvidia cannot ship without has higher operatin...

The Clearance

Alibaba paid $600 million to the Department of Justice and gained more than $25 billion in market value on the same day. The fine was not the cost....

The Minutes

The Federal Reserve released the minutes of Kevin Warsh's first meeting. The statement said almost nothing. The minutes say almost everything. And ...

The Routing

Fiserv is in talks with JPMorgan, Bank of America, Wells Fargo, and PNC to sell the STAR debit network. The banks spent fifteen years losing $8 bil...

The Forty Years

Samsung posted the largest single-quarter operating profit of any technology company ever — and drove its own mobile division into the first loss i...

The Fleet

Tesla delivered 74,000 more vehicles than Wall Street expected and the stock had its worst day in a year. Three days later, it launched unsupervise...

The Opening Bell

The president of the United States rang both exchange bells from the Oval Office for the first time in history, then told the country to buy a stoc...

The Redline

Kevin Warsh's first FOMC statement as chairman ran 130 words. The one it replaced ran above 300. What he deleted tells markets more than what he kept.

The Fifteen Days

SpaceX joins the Nasdaq-100 fifteen trading days after IPO, forcing billions in passive buying into a stock with 4 percent public float

The Refinery

Delta bought a refinery in 2012 for $150 million. Every airline analyst said it was a mistake. Then a war doubled jet fuel prices, and the asset th...

The Graduation

The SOXX semiconductor ETF gained roughly 90 percent in six months. The enterprise software ETF lost 4 percent. Then semiconductors dropped 12 perc...

The Sidecar

Meta announced a cloud business and crashed the Korean stock market. The Kospi fell 7.89 percent, circuit breakers triggered for the fourth time th...

The Endowment

The Treasury Department announced the investment menu for Trump Accounts three days before their July 4 launch: the S&P 500. The government is ...

The Remedy

Getty Images terminated its $3.7 billion merger with Shutterstock after the UK CMA demanded divestiture of the editorial business. The regulator pr...

The Sublet

Meta announced a cloud business to sell excess AI compute. Its stock surged 10 percent. CoreWeave and Nebius, the neocloud companies that hold $48 ...

The Aftermarket

Bending Spoons listed on Nasdaq at an $18.4 billion valuation by buying products Silicon Valley abandoned. AOL, Vimeo, Evernote, Eventbrite, WeTran...

The Divergence

Brent crude fell more than 30 percent in Q2 2026, the largest quarterly decline since the pandemic, and landed two dollars above where it traded be...

The Replacement

The Dow Jones replaced Verizon with Alphabet on the same day it closed above 52,000 for the first time. It swapped a pipe company that lost billion...

The Divorce

Comcast rose 23 percent on the announcement that it would lose NBCUniversal. Three companies spent $212 billion testing whether content could prote...

The Exit Ramp

US spot Bitcoin ETFs drained $7.2 billion across two record redemption streaks in May and June, pushing 2026 year-to-date flows negative for the fi...

The Hollow Index

South Korea's KOSPI triggered its fifth circuit breaker of the year. The mechanism designed for market emergencies keeps firing because two compani...

The Save

WallStreetBets tried to rescue Wendy's with a 42% intraday surge. The stock whipsawed 27% the next day. The evolution from 'squeeze the shorts' to ...

The Divisor

Alphabet replaces Verizon in the Dow on Monday. In a market-cap-weighted index, this would barely register. In a price-weighted one, it multiplies ...