The Valve That Only Two Materials Can Build
Supercritical CO2 turbines are reaching commercialization. The bottleneck isn’t the turbine.
Politics
Micron’s Next Quarter: $61B at 6x Forward Earnings
HBM is largely sold out for 2027. Guidance beats. The stock sits 15% off its 52-week high.
Gold ETF Buyers Are Staying. The Price Isn’t Following.
September’s 8.5% gold drop and silver’s 13.5% crash exposed a split: institutional ETF money held firm while momentum traders ran for the exits.
Crude Is Back. Diesel Is Not. That Gap Is the Trade.
Gulf crude flows are normalizing faster than refined products, and U.S. refiners are capturing a spread that has little to do with where Brent trades.
Jabil Beat Wall Street by $910 Million. The Bigger Story Is 2027.
With about $22.1 billion in AI-related revenue forecast for fiscal 2027, Jabil’s valuation still treats it like a contract manufacturer, not a rack builder.
Job Openings and Consumer Confidence Could Shift October Fed Odds
With the 10-year near a 19-year high, today’s 10am data tests whether Warsh hikes again
The Bond Market Has Voted on AI. Equity Investors Disagree.
AI bonds now yield about 37 basis points more than the broad IG market. One of those markets is badly wrong.
The $349 Ray-Ban Is Now Meta’s Real Bet
Meta’s audio-only Ray-Bans ship Oct. 13. They matter more to Reality Labs today than the $1,300 VR glasses due in spring 2027.
The Data Layer Underneath Every Enterprise AI Project Is Being Revalued
Snowflake’s fiscal Q2 showed faster growth, wider margins, and AI usage that is compounding.
Amazon Just Told Meta’s Muse It Is Not Welcome
Amazon’s Muse block tests who sets the rules when AI agents shop