When Software Became a Controlled Substance
Software just joined semiconductors on the export control list. Here’s what that means for the layer that sits above any model.
Markets
Markets
ADR Stocks: Why SK Hynix Just Listed on the World’s Deepest Market
SK Hynix just announced a $29.4 billion Nasdaq ADR — the largest US listing ever by a Korean company. Here’s what an ADR actually is and why it matters.
Markets
Beat and Raise: Why Micron’s Earnings Silenced the Selloff
Micron just delivered a beat-and-raise quarter — beating both current results and forward guidance. Here’s what that signal means and why the market rewarded it.
Markets
KOSPI Dropped 10% in a Day. Your Portfolio Might Have the Same Problem.
KOSPI fell 10% in a day because two stocks control 56% of its weight. Concentration risk doesn’t care how many positions you hold — only whether they can all fall for the same reason.
Markets
What Micron’s Earnings Will Actually Tell You About AI Stocks
When 56 Nasdaq 100 stocks rise and the index still falls, something has shifted. AI stocks have entered the phase where numbers have to justify the story — and Micron’s earnings are the first test.
Markets
The Real Bottleneck in the AI Arms Race Isn’t GPUs
One nuclear fuel supply deal sent uranium stocks up more than 10% in a single day. Oklo — the small
Markets
SpaceX Raised $85 Billion. Then It Borrowed $20 Billion More.
Ten days after the largest IPO in history, SpaceX announced plans to issue $20 billion in bonds to repay a
Markets
Why Good Earnings Sent Accenture Down 18%
Accenture beat earnings but still fell 18% in a day. Here’s what earnings guidance is — and why it often matters more than what a company just reported.
Markets
The Fed Held Rates. So Why Did Markets Panic?
The Fed held rates — yet markets sold off hard. Here’s how the dot plot works and why Warsh’s missing dot was the loudest signal in the room.
Markets
The Trade That Crashed Markets in 2024 Is Back
The Bank of Japan just raised rates to their highest level since 1995. Here’s what the yen carry trade is and why it crashed global markets the last time this happened.