Exxon's refining segment earned $9.05 billion in the third quarter, more than twice its first nine months of 2025, on fuel sales only 4% above that pace.
Intel's one-day drop erased about $140 billion of market value, roughly six times the $23 billion it raised…
Amazon's quarterly free cash flow was an outflow of $33.5 billion, and its $220 billion capex guide implies…
Stocks, indices, and the macro tape
J.B. Hunt earned $1.82 a share, a penny above its lowered range. Costs rose…
Penske Automotive goes private at $212. Mitsui's filing shows it supplies $1.6 billion of…
CoreWeave's CEO says its $104 billion backlog more than covers its debt. Its Q2…
Liquidia's $380.7 million settlement is a net figure: United Therapeutics also pays to end…
The race to build — and regulate — intelligent machines
Product, platform, and the shape of the Internet
GTCR and Elliott will pay $7.75 a share for CCC, four cents below Advent's…
Hackers heated freezers at hundreds of French supermarkets to 50C. A Danfoss bulletin from…
The KOSPI closed down 5.46% at 6,035.35 as Samsung fell 7.39% and SK Hynix…
Vance's claim that Microsoft replaced each laid-off worker with 1.5 foreign workers counts H-1B…
SpaceX is buying the 800 MHz band T-Mobile sold to Grain Management in August…
Micron's Taoyuan union voted 99% to authorize a strike. Its 15% profit-share ask is…
Deals, earnings, and corporate strategy
LKQ fell 22% after withdrawing 2026 guidance it had cut 85 days earlier, and the arithmetic shows even the low end of that range needed a fourth-quarter profit…
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Open the Tape →Arguments, essays, and deep dives
UnitedHealth earned $4.69 a share against a $4.14 estimate and lifted its 2026 floor to $20.50. Its release shows $610 million of reserve development.
Digital assets, tokenization, and the on-chain economy
Regulation, geopolitics, and capital in Washington
Data centers, chips, and the plumbing of AI
A BlackRock-backed consortium is in exclusive talks for Stack's Asia-Pacific data centers at up…
Cornelis raised $205 million to attack Nvidia's interconnect lock-in. The $1.68 billion waste figure…
Cloudflare's Accountable designation decides which AI crawlers keep reading your site. Microsoft holds it…
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…
Oracle reports first-quarter fiscal 2027 results on Thursday, and nearly every preview written this…
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