The S&P 500 is up 10% in April. The Nasdaq is up 15%. Oil is above $125. Consumer spending is slowing. And tech is carrying the entire thing. This is not a normal bull market.
60% collective earnings growth. $320 billion combined AI capex. And the stock that fell the most was the one spending the most. Welcome to the era of delayed gratification.
SK Hynix is up 600% in a year. Samsung's margins are approaching 80%. And the supply crunch isn't expected to ease before 2028. Here's why this cycle feels different, and why that's exactly the time to stress-test the thesis.
30 satellites. A $2.4 billion valuation. A defence-adjacent space tech IPO that SpaceX's filing just made possible.
A ceasefire extension and AI-driven earnings pushed markets higher even as Brent surged 15%. With the Fed, Big Tech earnings, and GDP all due this week, the rally is about to be tested.
A 10% drawdown. An 11-session recovery. No ceasefire. The market is not ignoring the war, it's just looking past it.
When the stakes are high enough, backing the competition is rational.
The AI infrastructure arms race has a new playbook, and Anthropic is writing it.
The US is proposing a $1.5 trillion defence budget. Germany just ran its largest deficit since reunification. Japan is spending at a record pace. The world is rearming, but the fiscal arithmetic is getting complicated.
The Fed held rates in a dramatic split vote. Oil surged past $125 on Hormuz fears. Big Tech delivered, but not all of it was rewarded. Here is what this week is telling us.
A ceasefire extension and AI-driven earnings pushed markets higher even as Brent surged 15%. With the Fed, Big Tech earnings, and GDP all due this week, the rally is about to be tested.
30 satellites. A $2.4 billion valuation. A defence-adjacent space tech IPO that SpaceX's filing just made possible.
When the stakes are high enough, backing the competition is rational.
The S&P 500 is up 10% in April. The Nasdaq is up 15%. Oil is above $125. Consumer spending is slowing. And tech is carrying the entire thing. This is not a normal bull market.
60% collective earnings growth. $320 billion combined AI capex. And the stock that fell the most was the one spending the most. Welcome to the era of delayed gratification.