Dear readers, Yesterday we mentioned that Moonshot AI's Kimi K3 model had "rattled" the industry. By Friday's close, rattled looked...

Dear readers, Yesterday we framed Netflix's earnings as the test case for a market that wants proof, not promises, that...

Dear readers, A day after chip demand was busy eating enterprise software's lunch, the money is already looking for the...

Dear readers, We closed yesterday's letter with a question: could a soft inflation print do the heavy lifting the Fed...

Dear readers, The question we posed heading into this week — whether Q2 earnings can support a market priced for...

Dear readers, Yesterday we flagged a market priced for perfection, with Michael Hartnett's Bull & Bear Indicator sitting at a...

Dear readers, Yesterday's story was about hard assets — energy, defense, chips — filling in for growth stocks while geopolitics...

Dear readers, Yesterday we flagged three separate stress tests colliding in one week — oil, the Fed, and crypto's liquidity...

Dear readers, Yesterday's story was rotation — money finding its way out of crowded AI trades and into financials, industrials,...

Dear readers, Wall Street returns from the long Independence Day weekend with a market that looks almost unrecognizable from the...