When AI Capex Pays: The Case for MSFT at $492
Azure's 43% growth quarter ended a year-long debate. Now ask whether the market has already priced it in.
31 Days to a Funding Cliff
Two unreconciled CRs, one fiscal deadline, and a data blind spot that could leave the Fed guessing in October.
Dell Reports Tuesday. One Line Decides Everything.
AI server revenue of $16.1B in a single quarter was remarkable. The ISG operating margin at 10.5% was not. Tuesday’s…
The Balance Sheet Case Against Small Caps
Warsh's Jackson Hole warning has institutions screening the Russell 2000 for interest coverage, not valuation.
WDAY Beat on Everything. The Guide Is the Problem.
Workday’s Q2 was nearly clean. A light subscription outlook pushed shares down after hours. That dislocation is worth examining carefully.
Who Confirmed Nvidia’s 9% Day and Who Didn’t
The breadth scorecard from Thursday's historic move shows where the chip trade is concentrated and where it isn't.
Eaton Is the AI Trade Nobody Calls AI
Record Q2 sales, a Trane partnership, and a 307 GW data center backlog that compounds quietly.
Your T-Bill Ladder Has a New Ally
Bessent’s Treasury twist and the GENIUS Act are reshaping the short end. Here is what cash holders should know.
34 Days to a Margin Event Options Haven’t Priced
September 29 brings 100% Section 232 duties on patented drugs and APIs for importers without an onshoring plan or MFN…
Chargeback Rates Are Now the Key Metric in HIMS
Visa monitoring makes Hims’ GLP-1 subscriptions legible from the outside.