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Latest editions

Oct 19, 2026

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5 min read

The Price of a Missing Yes

Microsoft reportedly left a U.K. site the grid may not power until the 2030s. Pieces of the construction loan on Oracle's unpowered New Mexico campus traded near 80 cents. A French crypto-tax amendment passed 38 to 37.

Oct 16, 2026

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4 min read

The Price Held. The Traffic Didn't.

Hormuz carried 32% less oil than Kpler's baseline and Brent stayed in its range. Bitcoin funds took in $5.1 million. J.B. Hunt added $624 million of revenue and $4.4 million of operating profit.

Whoever Held the Gate Set Thursday's Price

Oct 15, 2026

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4 min read

Whoever Held the Gate Set Thursday's Price

Wholesalers widened margins 1.4% while shoppers outside fuel barely moved. Penske's owners paid less than the summer price, and Taiwan blocked Kalshi and Coinbase.

Oct 12, 2026

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4 min read

Everything Has to Beat 5% Now

The bull market turned four with the 10-year near 5.24%. Diesel eased on a truce Moscow hasn't confirmed, and 80% of an XRP SPAC's eligible shares chose the cash.

Oct 9, 2026

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4 min read

Sales Grew. The Bill Grew Faster.

Delta's revenue rose 16% and it still cut its profit outlook by about a quarter. Phone carriers lost about $38 billion before the open over a reported $8 billion airwaves deal.

Oct 8, 2026

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4 min read

The Buyer Has a Better Offer

Brent neared $105, Firmus cut its IPO price about 25% and SpaceX's default insurance hit a record, all with Treasuries paying 5.3%.