Paid-members only Investing Featured On Black Friday, the FDA Rules on a Disease That Has Never Had a Drug BridgeBio lost 72% in a day in 2021. Five years later it runs a $1 billion-rate heart drug and faces three FDA decisions in seven months — starting November 27, with the first potential approval for any form of limb-girdle muscular dystrophy.
Paid-members only Markets Featured $SEZL Raised Guidance a Fourth Time With 23% of the Float Short: The 955,000 Subscribers, the 2.7% Loss Line, and What 19 Times Next Year Is Pricing Sezzle beat on revenue and earnings, raised 2026 guidance a fourth time, and guided 2027 above consensus, with 23% of the float still short. The take-rate machine, the credit-loss math, the falling share count, and scenario zones from $136.69.
Markets Featured The First Thanksgiving Without Spirit Airlines Will Be the Most Expensive in a Decade Thanksgiving airfare is at a decade high and bookings are falling. Crude just crashed 15% on peace talks - and airlines say your ticket won't follow it down. What Spirit's collapse in May really took out of the market.
Members only Markets Featured Turkey's Stock Market Lost $128 Billion. The Man Who Ran It Is in Jail. A $19 billion fund freeze, 455,758 trapped investors, the Borsa Istanbul chief jailed for bribery, and MSCI weighing demotion: inside the scandal stress-testing Turkey's entire capital market.
Members only Markets Featured Disney's New CEO Wants 20% Back. Thousands of Jobs Are the Down Payment. Seven months into Josh D'Amaro's tenure, Disney is preparing thousands of layoffs and asking managers for 20% cost cuts — while the stock sits near a 52-week high and a double-digit EPS promise comes due November 17.
Paid-members only Markets Featured $SMCI Just Printed a $19.9 Billion Quarter and the Market Shrugged: The 44% Customer, the 12% Margin, and What Six Times Earnings Is Pricing Supermicro grew revenue 298% and raised its full-year guide, yet trades at six times forward earnings. One customer was 44% of the quarter, gross margin fell to 12.7%, and operations burned cash. The concentration math, the balance sheet, and scenario zones from $31.
Markets Featured Seven Flips and a Veto Pen: What the Midterm Wipeout Means for Markets Democrats flipped seven Senate seats and took the House. Markets sold the shock overnight, then bought the gridlock. What actually changes for policy and positioning — and what doesn't.
Members only Space Economy Featured Amazon's Space Internet Is Ready. The Rockets Aren't. On November 13, ULA's grounded Vulcan rocket flies again — carrying 40 satellites for Amazon's answer to Starlink. What the launch means for AMZN, BA, LMT, and NOC.
Members only Energy Featured Why Data Centers Are Buying Old Jet Engines Gas turbines are sold out to 2032 and prices are up 50% in a year — so data centers are bolting retired jet engines to concrete. Inside the first quarter where the scarcity trade blinked.
Paid-members only Markets Featured $INO: A 268% Pop, a Going-Concern Warning, and 91 Million Warrants Nobody Counted The FDA approved Inovio's VOCERYQ and the stock nearly quadrupled overnight. The approval is real. So are the going-concern warning and 91 million warrants struck between $1.10 and $3.76. The dilution math, the November 4 Precigen read-through, and scenario zones for the week.
Finance Featured The Biggest Heist in History Took 20 Minutes North Korea drained $6.3 billion from Binance across ten blockchains — most of it in about 20 minutes. How the attack worked, why the stablecoin freeze race clawed back $2.7 billion, and what the record heist reveals about where power actually sits in crypto.
Healthcare Featured Washington Started Paying for Weight-Loss Drugs. Your Boss Started Canceling the Coverage. On July 1, Medicare began covering Wegovy and Zepbound for a $50 copay. The same autumn, large employers cut GLP-1 coverage for the first time in three years. The same drug now costs $50 or $300 depending on which card you carry.
Paid-members only Defence Featured America Can't Forge Its Own Artillery Shells A $469 million plant was supposed to deliver two-thirds of US 155mm shell capacity. As of March, it has produced zero compliant rounds. The Pentagon's own watchdog explains why — and which defense primes carry the risk.
Paid-members only Markets Featured Top 10 Stocks We're Watching This Week — Election Week Edition Apple and Palantir report Monday, the midterms land Tuesday, AMD and Arista print Tuesday night, Uber and Qualcomm Wednesday, Devon Thursday, and nonfarm payrolls Friday. Ten fresh names for election week.
Paid-members only Markets Featured Americans Spent $158 Billion on Their Pets. The Companies That Sell Them Everything Are Trading Like a Recession Americans Spent $158 Billion on Their Pets. The Companies That Sell Them Everything Are Trading Like a Recession The marketing deck says pets are family. Industry executives repeat it on earnings calls as if it were a law of physics. Hallmark built a greeting-card category around it. The 2024
Members only Geopolitics Featured The U.S.–China Port-Fee War Restarts in Nine Days. The Paperwork to Stop It Isn't Finished. The Section 301 port-fee truce expires November 9 at 11:59 p.m. Washington has agreed to extend it — but has only published a request for comments. Who pays if it snaps back, and what the market has already decided.
Members only Macro Featured Japan Finally Got the Inflation It Wanted. Now Comes the Bill. After nearly 14 years, the Bank of Japan says its 2% inflation target is reached. With the 10-year JGB at 1996 levels, the yen at 157, and a December hike on the table, the world's cheapest money is going away.
Macro Featured You Think You Spend $86 a Month on Subscriptions. The Real Number Is $219. Americans estimate they spend about $86 a month on subscriptions. Survey data puts the real figure at $219. The gap between the two isn't carelessness — it's the business model.
Members only Markets Featured Indonesia Is Eight Months From Being Deleted MSCI has proposed expelling Southeast Asia's largest economy from its Emerging Markets index — the benchmark for $10 trillion. The verdict lands by June 2027, and the forced-selling math starts now.
Paid-members only Markets Featured The Man Who Chaired Wendy's for 17 Years Just Bid $7.35 for What's Left Nelson Peltz spent two decades shaping Wendy's — activist, acquirer, chairman. Now his Trian consortium is bidding $1.4 billion to take it private, below the price his own fund called 'undervalued' in February. The spread, the committee, and the November 5 catalyst.
Members only Geopolitics Featured The War's First Working Ceasefire Is One City Wide Russia and Ukraine's first ceasefire that has actually held covers one starving town of 2,000 people. The market's non-reaction is the real story — and November's talks calendar prices the next move.
Finance Featured America Just Finished the Rulebook for Digital Dollars. The Clock Reads 80 Days. The OCC just finalized the first federal rulebook for stablecoins under the GENIUS Act. What changes on January 18, 2027, the yield question it left deliberately vague, and why the regulator quietly cut its own $2 trillion forecast.
Paid-members only Energy Featured Uranium Has Never Cost More. The Miners Are in a Bear Market Anyway. The long-term uranium price just set an all-time record at $96.50 a pound. Uranium stocks are down 20-60% anyway, and the Sprott trust trades 12% below the value of its own metal. Cameco reports tomorrow - one side of this trade is wrong.
Paid-members only Markets Featured $SNDK: 85% Margins, a 376% Revenue Jump, and a Stock That Keeps Falling. The Cycle Math Explains Both Sandisk printed $11 billion in revenue and an 85% gross margin, then fell 5% and kept falling premarket. The forward earnings math, the November 19 split, and scenario zones for the supercycle, plateau, and cycle-roll cases.
Markets Featured Can Washington Tell 42 Million Americans What Not to Eat? On November 1, four more states switch off soda and candy purchases on EBT cards — a live experiment on the $100 billion SNAP program, and new NBER research shows exactly who wins and who pays.
