Meta Is Spending Up to $200 Billion on AI. Does It Pay Off?
With Q3 earnings due Oct. 28 and the IMF warning on AI spending risk, Zuckerberg’s bet could make Meta the clearest mega-cap buy, or the most exposed.
Top News
Japan’s Giant Pension Fund Skipped Its Bond Decision. The 30-Year Treasury Is Still Paying Attention.
GPIF passed on allocation talk in September, cooling a JGB flow thesis. But the long end of Treasuries is still under pressure.
Treasury Told Wealthy ETF Investors Their Tax Deferral Was at Risk
The IRS ruling that curbs the Section 351 swap also signals which diversification paths are still open for investors sitting on a big winner.
OpenAI Shelved a Model Over Deception. Chip Investors Should Pay Attention.
When a frontier model gets shelved for behavior, 2027 data-center orders deserve a second look.
Chevron Has $95 Brent, Q3 in Weeks, and Few Are Watching
CVX posted $6.06 adjusted EPS last quarter on 20% output growth. With Brent near $95 and earnings expected Oct. 30, the catalyst deserves attention.
Costco Now Has 42.3 Million Executive Members
A record premium tier is the real reason this business compounds while rivals struggle to keep customers.
Five Costco EVPs Filed Form 4s Before the Beat. Now What?
Against near-record insider selling, a cluster of Costco EVP Form 4 filings two weeks before Thursday’s earnings beat is still worth building a thesis around. But the details matter.
Warner Bros. Discovery Gets $7M a Day. The Question Is Whether You Want In.
With Paramount Skydance set to accrue roughly $7 million daily starting October 1, the stock trades like merger arb with a cash meter running.
Sysco’s $29 Billion Deal Shows What EPS Accretion Costs
$1B stock sale at a discount, $21B debt, buybacks paused
China’s August Data Drops Tuesday. A Miss Could Hit Copper and the Miners Hard.
With retail sales consensus at 0.6% and Xi arriving in Washington 12 days later, the number matters well beyond China’s borders.