Hot Inflation and Expensive AI Infrastructure Debt
Why markets were frightened by the same thing on Wednesday In 1881 Ferdinand de Lesseps, the builder of the Suez Canal, began construction in Panama […]
Markets and Earnings
Banks Report, Inflation Decides: What JPMorgan, Goldman and the Others Showed Ahead of CPI
In the second half of the 1970s inflation in the United States spun out of control not because of a single event, but because of […]
Major Tom and the SpaceX report
Starlink makes the profit. xAI carries the valuation. The shares closed at $171.92. In January 1969 David Bowie wrote a song about an astronaut who […]
Micron reported $54 billion in memory revenue. Amazon is looking for a buyer for chips it already uses.
Micron has sold the memory and recognized the revenue. Amazon uses the chips and is looking for someone else to own them. The two are […]
Two trillion, no control
Anthropic is asking the global market for capital on unaudited figures and on compute contracts payable even when unused, and the stock on offer will […]
Stocks Hold the Record. Bonds and Oil Already Speak of Another Regime.
Hans Holbein the Younger was born in Augsburg around 1497 and died in London in 1543. He worked first in Basel, then entered the orbit […]
AI stocks this week: Meta filled its sails; the chipmakers for agents caught the wind too
Monday, 21 September 2026. Nasdaq at a record. The following wind did not help every ship on Wall Street. The ancient mariner trusted the wind, […]
The Senate Stopped the Clarity Act. What the Vote Leaves Standing
On 15 September 2026 the U.S. Senate refused to open debate on the Clarity Act. The tally was 49 yeas and 50 nays. The bill […]
NVIDIA Earnings, August 2026: $96.22 Billion in Revenue, Weak Cash Collection and a Year-End Stock Outlook
A reading of NVIDIA’s second fiscal quarter (ended 26 July 2026): revenue versus consensus, gross margin, receivables, the FY2028 guide and share-price scenarios through 31 […]
Tokenization of Financial Markets 2026: The New Digital Ledger, Stablecoins, and the Battle for Control of Settlement
How the GENIUS Act, the Clarity Act, and the institutional tokenization of real-world assets are reshaping global capital markets - and why this matters for […]