deep dive
▫️ Tesla Has a $12.8 Billion Business That Has Nothing to Do With Cars
The most profitable parts of big tech are often the ones nobody talks about. Here is how to spot them.
Marcus Grant
deep dive
▫️ The One Number That Separates Nvidia From Cisco in 1999
Every major strategist is running the same comparison. The answer decides whether you have a year or a month.
weekly review
▪️ The 10-Year Yield Hit a One-Year High. Nvidia Reports in 72 Hours.
The longest winning streak since 2024 ended. Treasury yields broke 5% on the long end. Warsh inherits a fragile tape.
deep dive
▫️ Wall Street's $7 Trillion Mistake Is About to Repeat Itself
Investors who held only the S&P from 2000 to 2009 lost money for ten years. Diversified portfolios kept earning.
weekly review
▪️ Michael Burry Just Compared This Tape to March 2000. CPI Drops Tomorrow.
The "Big Short" investor warned this week the AI rally resembles the final stages of the dot-com bubble. Tomorrow's CPI print is the next stress test.
deep dive
▫️ The $1.28 Trillion Reason Cash Flow Now Beats Yield
Personal cash flow has become the new defensive position. Here is why hard assets cannot substitute for liquidity.
weekly review
▪️ Nvidia and Alphabet Now $300B Apart. Friday Could Decide the Throne.
Powell's last hand-off comes May 15. Friday's payrolls and the CPI print on the 12th set the tone for what Warsh inherits.
deep dive
▫️ $240 Billion Worth of IPOs Will Land Already Priced in 2026
SpaceX may price at $1.75 trillion before listing. The biggest gains form behind the gate.
weekly review
▪️ Trump Just Ordered the Navy to Shoot Mine-Layers in the Strait of Hormuz
Stocks hit new highs while the war in the Strait quietly intensified. The Fed meeting now sits at the center of everything.
deep dive
▫️ Why the Bank Is No Longer the Default Home for Capital
Hard assets and private markets are absorbing capital at record pace. The old bank-first model is breaking structurally.
weekly review
▪️ Markets Are Partying Like the War Is Over. The Smart Money Is Not Buying It
Everyone celebrated three straight records last week. Gold quietly gained every single week.
deep dive
▫️ Hard Assets Are No Longer a Fringe Trade. Here Is Why That Matters
The conversation has shifted from whether to own hard assets to how much. We break down what drove this structural turn.