Deep-dive stock research and institutional-grade analysis.
Research
Brent has collapsed from $126 to $75 in six weeks. Macquarie, JP Morgan, Goldman and S&P Global have all cut forecasts in the past 72 hours. The trade is no longer about Hormuz. It is about which forecaster capitulates last.
Research
Mark Walter just closed on the Lakers at a $10 billion valuation, the highest ever paid for a North American sports franchise. Sportico marks the Knicks plus the Rangers at $13.5 billion. MSG Sports trades at $9.6 billion. The 29% gap is now a research thesis, not a footnote.
Research
Nvidia just raised $25 billion with $85 billion of orders. Morgan Stanley sees $570 billion of AI-related debt by year-end. The trade is not in the equities the bonds finance — it is in the spreads the bonds are setting.
Research
John Grey — Macro & cross-asset desk The Federal Reserve held its target range at 3.50 to 3.75 percent for the fourth consecutive meeting on Wednesday. The unanimous 12-0 vote was the headline. It was also the least important thing that happened in Washington this week. The
Research
John Grey — Healthcare & longevity desk On the morning the markets were busy pricing a US-Iran ceasefire and a Federal Reserve hold, GSK’s new chief executive wrote the largest cheque of his tenure for a Cambridge, Massachusetts biotech that has yet to generate a single dollar of commercial
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SK Lee — Sports & consumer desk A few days before the Strait of Hormuz reopened and the oil curve collapsed, Apollo Global Management quietly closed the largest structured check ever written into the business of pickleball. The trade press treated it as a curiosity. The composition of the deal, the
Research
John Ian Lau — Technology & AI infrastructure desk For three years, the dominant narrative in AI infrastructure has been chip scarcity. On Thursday, Henry Kravis’s firm quietly announced that the bottleneck has moved — and that the next phase of the buildout will not be financed by hyperscaler balance sheets
Research
John Grey — Asia markets desk The Bank of Japan will almost certainly raise its policy rate to 1.00 percent at Tuesday's meeting, the highest setting it has held in roughly thirty years. That part of the price action is, for once, fully embedded in the market. What
Research
Every major US bank CFO delivered Q2 guides 5 to 12 points above consensus at Morgan Stanley's conference. The mid-July prints will close the gap.
Research
Trump announced a draft Iran deal Wednesday. Brent fell 4%. JPMorgan's Kaneva still models $100 Brent through year-end under that exact scenario.
Research
Two stacked supercycles in one 30-day window: US sportsbook handle access at record highs, and Japan's first World Cup as Asia's top-ranked side.
Research
BCRED's first-ever gate, Holly Kim's $500B pipeline and SDNY's valuation probe all landed on the same day. The disagreement is over.