Big Oil Just Became the Backbone of AI
The Chevron-Microsoft deal rewrites who benefits from the data center buildout.
June 2026
$1 Trillion in Interest. Equities Are Priced Like It Doesn’t Exist.
The U.S. is now spending more on debt service than on national defense. Markets haven’t connected those dots.
Marvell Joins the S&P 500 Today. The Stock Is Already Up 265% This Year.
Jensen Huang called it the next trillion-dollar company. Wall Street’s average price target still sits below where shares trade. That gap is the entire debate.
China Just Locked Its Own Investors In. The Market Implications Are Bigger Than Anyone Is Pricing.
Beijing is forcing domestic savings back into A-shares. The capital flow math is real, the stocks are cheap, and the structural risk is not what most investors think it is.
Anthropic Just Filed for an IPO Worth Nearly $1 Trillion. Here Is What Investors Are Missing.
Revenue grew 4.7x in 12 months. The losses are enormous. The valuation math is complicated. And most investors can’t buy a single share yet.
The Dollar Is Quietly Breaking a 20-Year Pattern. Most Portfolios Are Still Priced for 2022.
International stocks are outperforming. The currency tailwind behind it is structural, not seasonal.
Small Caps Are Having Their Best Year in Two Decades. Most Portfolios Haven’t Noticed.
IWM is outperforming SPY by roughly 10 points year-to-date. The drivers are structural, not temporary. And the window may be narrower than it looks.
FedEx Reports Tuesday. Pay Attention.
FDX has beaten estimates four straight quarters, just completed a major spin-off, and is walking into earnings with a bar analysts have been quietly raising.
Intel Just Got Apple. The Real Story Is Bigger.
INTC is up 360% in 12 months. The foundry bet is finally getting real customers and the market may still be underestimating what that means.
Tesla Is Trading at a Sky-High Multiple. The July 29 Date Is What Matters Now.
TSLA is around $400, capex is set to exceed $25B in 2026, and Q2 earnings are expected late July. Here’s what traders actually need to understand about the valuation math.