Two of the largest capital decisions in tech history are moving in opposite directions, and the divergence tells you something…
China’s Factories Are Running Hot. Its Consumers Are Not. That Gap Is the Fed’s Problem.
August data confirmed the split: industrial output at 5.2% beat every forecast while retail sales hit their weakest reading since…
Lilly’s $15B Quarter Is Just the Opening Act
With Foundayo approved, retatrutide filing due in early 2027, and $3 billion committed to China, the real growth is still…
Ford Spends $1 Billion in Louisville. Its China Problem Remains.
The Kentucky Truck Plant investment is real capital behind real profits. The CATL licensing fight is a different question entirely.
Valero Turned $714 Million in Profit Into $3.7 Billion. Oil at $108 Keeps the Clock Running.
A record Q2, a bigger buyback, and Brent above $100 make refining a straightforward oil trade.
Consumer Stocks Face a Two-Act Wednesday
August retail sales hit at 8:30 a.m. on Sept. 16, hours before the Fed decides on rates, and each number…
Google Found Its Nuclear Power. NuScale Still Can’t Find a Customer.
A 22-year Finnish reactor deal and a brutal UBS downgrade define the two sides of the nuclear trade investors must…
Marathon Petroleum Just Earned $17.73 a Share. The Market Has Not Caught Up.
A doubling in refining margins, $8.5 billion in quarterly EBITDA, and a UBS target of $450 make MPC the most…
Saudi Arabia Is Pumping Oil at 1990 Levels. The Spare Capacity Safety Net Is Gone.
With 6.24 million barrels a day leaving Aramco's fields, energy investors are reckoning with a world where the market's traditional…
At 6.76%, the Mortgage Market Is Frozen. Here’s Who Pays and Who Profits.
Rising rates have stopped the housing market from clearing. The more important question is which housing-linked holdings are already priced…