TITLE: Rambus Just Got Cheaper. The Market Is Reading the Wrong Number. SUBTITLE: A 20% post-earnings drop on record revenue…
The 20% Compute Tax Nobody Priced Into OpenAI
A rogue agent, a paused frontier run, and a monitoring overhead that reshapes the unit economics of building the world’s…
Nvidia Is No Longer Just a Chip Company
The $105B Ohio guarantee makes Nvidia landlord, banker, and arms dealer of AI.
Rambus Just Got Cheaper. The Market Is Reading the Wrong Number.
TITLE: Rambus Just Got Cheaper. The Market Is Reading the Wrong Number. SUBTITLE: A 20% post-earnings drop on record revenue…
Warsh Says 2%. The 30-Year Says Prove It.
The Fed holds for a fifth straight meeting. The long end of the curve is running its own policy.
Two Miners to Own. One to Avoid.
Gold miners are generating cash at a rate the sector has rarely seen. The VanEck Gold Miners ETF is up…
Trump Threatens a Gulf Mediator. Read the Refiner Trade.
Brent jumped to about $90.9 on the Oman threat. The real question is what risk premium survives a deal, and…
Trump Threatens Oman and the Last Off-Ramp
Threatening Oman does not reopen Hormuz faster. It weakens the one channel that makes a deal possible.
The Fed Is Not the Bond Market’s Biggest Problem
TITLE: The Fed Is Not the Bond Market’s Biggest Problem SUBTITLE: A $29 trillion borrowing wall, a BOJ seen as…
OpenAI Hit $40B. Now Price the Loss.
The doubling is real. So is the loss it will take to get there.