Politics

OpenAI’s IPO delay just exposed the most dangerous assumption in the entire AI trade.

The U.S. is now spending more on debt service than on national defense. Markets haven’t connected those dots.

Core PCE is at 3.3%. The Fed removed its forward guidance. Nine officials just penciled in a hike. And equities are still priced for cuts.

HOOD is quietly rebuilding itself into a full-spectrum financial platform — and the May numbers show it’s working.

FDX has beaten estimates four straight quarters, just completed a major spin-off, and is walking into earnings with a bar analysts have been quietly raising.

Copper just hit record highs near $13,800 a tonne. The stocks mining it haven’t fully caught up.

TSLA is around $400, capex is set to exceed $25B in 2026, and Q2 earnings are expected late July. Here’s what traders actually need to understand about the valuation math.

Kevin Warsh’s first FOMC press conference is today. The rate decision isn’t the story — the tone is.

Bitcoin hit $126K in October 2025. Now it’s in the $60Ks. COIN, MSTR, and RIOT are trading like the cycle is over. It probably isn’t.

AVGO just posted record revenue and a $30B+ backlog. The real question is what the market has already priced in.