Markets and Earnings

Construction cranes above rows of illuminated server racks in a dark data center under construction

Markets and Earnings / Macro, Fed and Rates

Hot Inflation and Expensive AI Infrastructure Debt

16 October 2026 · 13 min

Illustration: oil barrels and Paul Volcker-era inflation and rate figures of 9%, 13% and 17% set against a modern bank and data centers

Markets and Earnings / Macro, Fed and Rates

Banks Report, Inflation Decides: What JPMorgan, Goldman and the Others Showed Ahead of CPI

14 October 2026 · 17 min

Red Tesla Roadster with the Starman mannequin in a spacesuit above the curve of the Earth

Markets and Earnings

Major Tom and the SpaceX report

8 October 2026 · 19 min

An ancient Greek family writing by an oil lamp beside a data center aisle with a stack of unsigned papers

Markets and Earnings

Micron reported $54 billion in memory revenue. Amazon is looking for a buyer for chips it already uses.

5 October 2026 · 22 min

Boardroom table, an Anthropic ballot and a locked box

Markets and Earnings

Two trillion, no control

1 October 2026 · 15 min

Two ambassadors in Renaissance robes, between them a shelf with globes, instruments, books and a lute, and on the floor a distorted skull - illustration after Holbein's "The Ambassadors"

Markets and Earnings

Stocks Hold the Record. Bonds and Oil Already Speak of Another Regime.

29 September 2026 · 13 min

Illustration 1. The tailwind and the city beyond the horizon.

Markets and Earnings

AI stocks this week: Meta filled its sails; the chipmakers for agents caught the wind too

23 September 2026 · 11 min

The law that was meant to set the path of digital capital

Markets and Earnings

The Senate Stopped the Clarity Act. What the Vote Leaves Standing

21 September 2026 · 13 min

Fig. 1. The court feasts. The gold is still in the ground.

Markets and Earnings

NVIDIA Earnings, August 2026: $96.22 Billion in Revenue, Weak Cash Collection and a Year-End Stock Outlook

28 August 2026 · 30 min