Opinionated, data-backed coverage across all asset classes

Senate Majority Leader Thune filed cloture on the CLARITY Act, setting up a Sept. 15 vote that needs 60 votes. Moreno says agreement in place; Witt warns Democrats.

Meta's Zuckerberg says compute bought in 2024-25 already trades at a premium. IREN's $2.8B in new contracts and 5GW uncommitted pipeline let it price into that tighter market.

Cover Genius buys Berlin insurtech Friendsurance to expand embedded insurance in Europe, targeting bank partnerships in DACH region with open-banking technology.

Wages from noncovered teaching jobs count against Social Security's earnings test, reducing benefits before full retirement age. The Fairness Act didn't change that.

Ring Energy's Q2 saw higher production and lower costs; a $65M equity offering cut debt. The 2027 plan targets 10% BOE growth with a 10% capex cut, stress-tested at $60 oil.

Gold Royalty posted $17.3M in first-half revenue, up 116% YoY, and reaffirmed 7,500-9,300 GEO guidance. CEO David Garofalo highlighted the royalty model's insulation from cost inflation. Vareš commercial production expected by end of September.

Core Molding posted a 1.2% sales dip as truck revenue fell 23%. Building products jumped 36%. Management sees H2 truck improvement. Mexico expansion on track.

The Alger Dynamic Opportunities Fund beat the S&P 500's 15.2% Q2 gain on Industrials and AI infrastructure bets; NBIS and ALAB lead the long book.

Senate Majority Leader John blocked the procedural vote on the Digital Asset Market Clarity Act before the August recess. Ethics concerns over Trump's $1.4B crypto profit stall momentum.

Grayscale's Zach Pandl warns that if the CLARITY Act fails, new US crypto investment will shift overseas. The Senate vote is set for after the August recess.

Burger King's domestic same-store sales jumped 8.5% in Q2, while Wendy's fell 7% for its sixth straight quarter of contraction. The turnaround effort by parent Restaurant Brands International pushed it past Wendy's.

IREN's mining revenue keeps shrinking while AI Cloud nearly doubles. The bull case rests on 480 MW, 150,000 GPUs, and an on-time Microsoft handover.