Paid-members only Space Economy Featured Why Is SpaceX Giving Away Space Traffic Control? SpaceX just launched a free collision-screening service for every satellite operator in low Earth orbit — faster than the government system Washington keeps trying to defund. Whoever runs the screens sets the rules, and the money in space safety just moved.
Paid-members only Geopolitics Featured Washington's 'Economic D-Day' Has a China Problem Bessent just announced 'the single greatest financial offensive ever marshaled against an adversary' — and oil fell 2.5%. The market is pricing the only question that matters: will Washington sanction Chinese banks a month before Xi walks into the White House?
Macro Featured What Happens to a Town When Its College Dies? The enrollment cliff arrived on campus this month — not as a uniform decline, but as a sorting. Flagships are posting record classes while small colleges close, and the losses are landing on towns built on the assumption the campus is permanent.
Paid-members only Markets Featured $DKS: Dick's Sporting Goods Paid $2.4 Billion for Foot Locker. Today's Earnings Reveal What That Bet Is Worth. Dick's Q2 split the company in two: the DICK'S Business delivered 4.9% comp growth on World Cup momentum; Foot Locker slipped 3.6%. DKS is gapping down 15% to a new 52-week low. The real question is whether the footwear market softness is a temporary trough or something structural.
Markets Featured Top 10 Stocks to Watch — Tuesday, August 25 Markets brace for Nvidia's earnings tomorrow as tech sells off and gold catches a bid. Here are ten names worth watching for buy-side setups today.
Paid-members only Markets Featured The Alzheimer's Bottleneck Was Never the Drugs The FDA just cleared the first blood test that can both confirm and rule out Alzheimer's pathology from a routine blood draw — in primary care, on analyzers already installed in 4,500 US labs. The $26,500-a-year drugs were never the constraint. The diagnosis was.
Paid-members only Energy Featured How America's Refineries Became the World's Single Point of Failure US refineries have run above 95% capacity for 11 straight weeks — the longest stretch since 1998 — holding the global fuel market together after war took Iran and Russia offline. History says runs like this end suddenly. What breaks, and how to position for it.
Paid-members only Markets Featured $AAOI: An FCC Ban on Chinese Optics Just Created a 60% Market Gap. Can Applied Optoelectronics Fill It? Applied Optoelectronics just posted its fifth straight record quarter on 86% revenue growth while the FCC drafts a ban that could restructure who builds the backbone of AI infrastructure. The numbers behind the setup are more complex than the headlines suggest.
Markets Featured How Las Vegas Replaced the Tourists Who Stopped Coming Las Vegas visitation looks stable again — but the tourists holding the line aren't the ones who left. Inside the customer swap that reprices the Strip, and what it reveals about the American consumer.
Members only Markets Featured 10 Stocks Worth Watching This Week: Core PCE, Nvidia, and a Hawkish Jackson Hole — August 24–28, 2026 Core PCE lands Wednesday morning, Nvidia reports that night, and the first Warsh-era Jackson Hole opens Thursday — with markets pricing hike risk, not cuts. Ten stocks positioned around the week's catalysts.
Paid-members only Markets Featured Top 10 Stocks to Watch — Monday, August 24 Uranium breaks out on nuclear demand, rare earth names surge on supply-chain urgency, PDD and XPeng both report Q2 this morning. Ten names with the clearest setups and hardest catalysts heading into Monday's open.
Paid-members only Finance Featured Can Bessent Cap the Long Bond Without the Fed? The Treasury doubled its long-bond buybacks to stop a selloff — and the rally lasted 48 hours. What the failed intervention reveals about who actually controls the long end, and what Warsh's Jackson Hole debut now has to decide.
Finance Featured Why Costco Is Walking Into the Market Health Insurers Are Fleeing UnitedHealth, Humana, and Aetna are cutting Medicare Advantage by the hundreds of counties. Costco just entered the $500 billion market — with a deal structured so the retailer can't lose.
Paid-members only AI Featured Marvell Just Paid Google to Buy Its Chips Marvell handed Google warrants on $12.2 billion of its own stock as a reward for chip orders — the second time in a year an AI supplier has paid its customer in equity. The math behind the new price of hyperscaler business.
Finance Featured Three Industries Are Paying for the Most Expensive Midterms in History The all-time record for corporate election spending fell in March — seven months before a single midterm vote. The money isn't coming from oil, pharma, or banks: crypto, AI, and sportsbooks are buying the regulatory map.
Paid-members only Markets Featured Who Sells Poland When It Stops Being Emerging? S&P Dow Jones just handed Poland the decade's first promotion out of emerging markets. The reward: losing its biggest required buyers. Inside the graduation trade — the flows timeline, the MSCI catalyst, and the names that benefit.
Paid-members only Defence Featured Can Raytheon Build 1,000 Tomahawks a Year? Raytheon builds roughly 60 Tomahawks a year. A $22.9 billion, seven-year Pentagon contract just ordered more than 1,000 — and quietly rewrote the business model of the American munitions industry. Who gets paid for the buildout.
Markets Featured Why Every Delivery App Suddenly Wants Its Own Air Force Amazon is scaling drone delivery sixfold to nearly 500 cities, Walmart and Wing are adding 150 stores, and DoorDash just won its own FAA air-carrier certificate. The land grab for America's low-altitude airspace has started — and the deadline is a rule the FAA hasn't published yet.
Paid-members only Geopolitics Featured China Is Annexing the South China Sea With Paperwork A nature reserve, a stack of ecological reports, and an empty ocean: while America's Iran war pulls the last carrier from the Pacific, China is annexing Scarborough Shoal with administrative law — and markets price the world's busiest trade artery at zero risk.
Paid-members only Finance Featured The Hackers Picking Off Private Equity One Phone Call at a Time Hackers just walked out of a $938 billion asset manager with a phone call and a fake login page. The targeting shift behind the Apollo breach reprices operational risk for private equity — and hands the mandate to a short list of identity-security names.
Paid-members only Investing Featured $LUNR: Intuitive Machines Hit a $1.8B Backlog. Now the Hard Math Starts. Intuitive Machines quadrupled Q2 revenue to $206M and landed a $600M satellite deal. With 27% of the float short and $481M in debt, the bull case depends on math the stream hasn't done.
Paid-members only Energy Featured Hoover Dam Is Five Feet From Losing Most of Its Power Lake Mead just broke its 1930s-era record low and sits five feet above the elevation where Hoover Dam loses 12 of its 17 turbines. Upstream, Glen Canyon Dam may stop generating entirely within months. The Southwest's cheapest electricity is vanishing — here's who pays, and who collects.
Members only Markets Featured India Is Letting the Rupee Go The RBI has sold $53 billion and let reserves fall nearly $40 billion from their peak to hold the rupee's line against a 50% US tariff wall. The evidence says it just stopped — and that decision reprices Indian assets more than any tariff headline.
Macro Featured Where Did the Entry-Level Job Go? Recent-grad unemployment is 5.7% and underemployment just hit its worst level since 2020. Everyone blames AI. The Fed's own data says the real culprit is something else — and which story is right decides whether rate cuts can fix it.
Paid-members only Investing Featured $MRNA: Moderna Just Made History Twice. Now the Market Has to Decide What It's Worth. In two weeks, Moderna got the first mRNA flu vaccine approved in U.S. history and won the first successful Phase 3 for a personalized cancer vaccine. The stock moved 177% in a day. Here's what it's worth.
