The Jevons Paradox is alive in the GPU market. Falling token prices expand the addressable universe of AI workloads, and…
The $40T Signal Gold Is Reading Correctly
The Treasury buyback surprise, $7.93T in cash, and a yield curve that just broke its own rules.
Nvidia Is Circling the Inference Market Again
The Rebellions talks are about inference dominance, a narrowed regulatory corridor, and a Korean government that already said no to…
The Treasury Lit the Fuse. Bitcoin Did the Rest.
Three separate catalysts converged this week to produce Bitcoin's strongest weekly gain since March 2023. Only one of them is…
Klarna Is Selling Less Volume on Purpose
The GMV slowdown is deliberate. Investors pricing it as demand are wrong.
WMT Dropped 9% on a Guidance Raise
Market Snapshot WMT fell roughly 9% to $104.12 in premarket trading Thursday, a sharp drop that pushed shares closer to…
SPCX Is Down Today. November Is the Real Test.
Today's unlock is small. November's 1.3B-share Q3 tranche is the stress test that matters.
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…
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.