The archive

• Sat 5 Sep 2026

  The Beat Nobody Wanted

  Plus: Lululemon cut its outlook for the third time this year and lost nearly a fifth of its value in a session.

• Fri 4 Sep 2026

  Permission to Wait

  Plus: Broadcom sold US$16.7 billion of AI chips in three months and the shares fell anyway.

• Thu 3 Sep 2026

  Hiring Cools, Hikes Don't

  Plus: Nvidia is close to paying US$14 billion for the website where open-source AI lives.

• Wed 2 Sep 2026

  The Rout Goes Global

  Plus: Dell booked sixty billion dollars of AI server orders in thirteen weeks.

• Tue 1 Sep 2026

  The Hormuz Premium

  Plus: the FTC says Amazon spent seven years quietly marking up its own ad auctions.

• Mon 31 Aug 2026

  One Good Thursday

  Plus: the Reserve Bank meets on Wednesday and nobody can agree on what it does.

• Sat 29 Aug 2026

  The Hike Nobody Priced

  Plus: Stripe and Advent walk away from PayPal, and the takeover premium leaves with them.

• Fri 28 Aug 2026

  The SaaSpocalypse Refund

  Plus: America's data centre boom has run into the local council.

• Thu 27 Aug 2026

  Beat, Shrug, Repeat

  Plus: the tariff refunds quietly propping up American retail earnings.

• Wed 26 Aug 2026

  The Foot Locker Bill

  Plus: the long bond finally caught a break, and a falling oil price did most of the work.

• Tue 25 Aug 2026

  Too Ambitious

  Plus: Trump put a 50% tariff on Canadian cars and trucks, and Ottawa is already loading its answer.

• Mon 24 Aug 2026

  The Footnote Problem

  Plus: Tesla won a permit for 5,000 driverless taxis and had its best week since May.

• Sat 22 Aug 2026

  The Accidental Rally

  Plus: oil books a second weekly gain while Washington promises Iran an "economic D-Day".

• Fri 21 Aug 2026

  The One-Day Rescue

  Plus: Walmart beat on profit, raised its guidance, and had one of its worst days in years.

• Thu 20 Aug 2026

  Washington's Two Minds

  Plus: a cancer vaccine trial worked, and Moderna nearly tripled in a day.

• Wed 19 Aug 2026

  Memory Loss

  Plus: Klarna beat on revenue and profit, and the shares fell 23% anyway.

• Tue 18 Aug 2026

  The Long Bond Says No

  Plus: the US-Iran ceasefire expired and oil moved about 40 cents.

• Sat 15 Aug 2026

  The Consumer Blinked

  Plus: Reddit joins the S&P 500 on Tuesday, and index funds have no say in the matter.

• Fri 14 Aug 2026

  A Point Short

  Plus: Bill Ackman has bought Netflix again, four years after it cost him a fortune.

• Thu 13 Aug 2026

  Exactly On Script

  Plus: Cisco, of all companies, is having the best year of its modern life.

• Wed 12 Aug 2026

  The Hike Question

  Plus: On Holding posted its best gross margin on record and lost a fifth of its value in a day.