Q2 GDP Slowed to 1.5%, but Private Demand Jumped 3.9%: Why the Bond Market Isn’t Buying the Cooldown
The Bureau of Economic Analysis reported Thursday that real GDP grew at a 1.5% annual rate in the second quarter, down from 2.1% in the first,…
The Bureau of Economic Analysis reported Thursday that real GDP grew at a 1.5% annual rate in the second quarter, down from 2.1% in the first,…
A judge restored White House press passes for CNN, MS NOW and Politico for 14 days. The precedent…
A BlackRock-backed consortium is in exclusive talks for Stack's Asia-Pacific data centers at up to $25 billion. In…
Stocks, indices, and the macro tape
Twelve states won film quotas, a $47.5 million workforce fund and an editorial monitor.…
Freddie Mac's weekly survey says 6.95 percent. Optimal Blue, Zillow and US News all…
Meta added roughly $190 billion in market value on Muse download counts. The same…
Crude lost more than 9% in four sessions on US-Iran diplomacy that does not…
The race to build — and regulate — intelligent machines
Product, platform, and the shape of the Internet
X Corp and SpaceXAI dropped Apple from their antitrust suit with prejudice and disclosed…
The headline out of Apple Park on Wednesday was a folding phone. The number…
Every story about the memory crunch this year has been filed as a market…
The European Commission brought ChatGPT under the strictest tier of the Digital Services Act…
Most of the coverage of Apple’s surprise Mac refresh has treated it as a…
With four months still to run, 2026 has already been a worse year for…
Deals, earnings, and corporate strategy
SoftBank's $11 billion notes are senior unsecured. Arm already backs a $25 billion margin loan and the OpenAI stake backs another. Bondholders rank behind both.



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Open the Tape →Arguments, essays, and deep dives
Oracle reports first-quarter fiscal 2027 results on Thursday, and nearly every preview written this week leads with the same number: $638 billion in remaining performance obligations,…
Digital assets, tokenization, and the on-chain economy
Regulation, geopolitics, and capital in Washington
Data centers, chips, and the plumbing of AI
The Office of Strategic Capital would make its largest ever loan to Fluidstack, funding…
Microsoft's reported 38 gigawatt capacity target has been written up as an announcement. The…
Crusoe closed more than $3 billion at roughly a $30 billion valuation, nearly tripling…
Every preview of Dell Technologies’ fiscal second quarter, which the company reports after the…
Nvidia said on Monday it will guarantee up to $105 billion in financing for…
Baidu reported second-quarter revenue of RMB 31.3 billion on Tuesday, down 4% from a…
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