markets


Inside The PJM Auction Report, Something Crazy: Without Price Controls, Electricity Bills Would Explode

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PJM's price controls may be all that stand between the status quo and a furious mob burning down every data center they find.


Bitcoin Bruised On Boxing Day, Bonds Bid As Precious Metals Rip To New Record Highs

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..."commodity-control" world continues higher as crypto carnage continues...


Amid Nike's Worst Drawdown Since late 70s, UBS Flags Emerging Bullish Signals

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"The survey makes us more constructive on NKE, but..." 


The $16 Billion Question Haunting Mark Zuckerberg

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A new study finds Facebook hosts the vast majority of social media scams, and critics argue it is because Meta prioritizes profit over protecting users...


S&P Futures Trade At Record High As Precious Metal Surge Accelerates

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“The current fundamental backdrop clearly has the opportunity for an ongoing AI-related tailwind to large-cap growth.”


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Intensifying Shortage: This Is What A Run On The London Silver Market Looks Like

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That spread should be positive, since silver needed in one year comes with storage, insurance, and financing costs...


What Is Wall Street's Favorite Christmas Song

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Every year-end, there are heated debates about what is the "best .... of Christmas", especially among those who work in finance. 


Largest Acquisition In Nvidia History: Jensen Pays $20BN For AI Chip Startup In Bid For Google's TPU Tech

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And just like that, Jensen has reverse-engineered Google's TPU lead.


Toyota Will Export American-Made Vehicles To Japan Next Year To Please The Trump Administration

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“Toyota will be able to meet the diverse needs of a broad range of customers, while also helping to improve Japan–US trade relations...”


Crypto Gets The Coal As 'Santa Claus Rally' Starts With Another S&P Record High

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'twas the night before the Christmas, and all through the markets, not a person was stirring... but the f**king crypto algos were...


Naval Reactors For AI Data Centers

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HGP Intelligent Energy, a Texas power developer, is proposing to use reactors from US Navy submarines and aircraft carriers to power a data center project in Oak Ridge, Tennessee.


Intel Slides After Nvidia Halts Tests Of 18A Tech, White House Signals Chip Giant Not "Too Strategic To Fail"

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The honeymoon is over


Strong 7Y Treasury Sale Sends Yields To Session Low In Final 2025 Auction

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This was a stronger auction than the subpar fare observed earlier this week, which is handy since this was also the final auction of the year.


Charts In Focus: These Are Goldman's Top Tech Trader's 10 Biggest Questions For 2026

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...a healthy debate in markets if the recent “broadening out” dynamic is a durable sign of what’s to come as the market embraces better cyclical visibility...


Tim Cook Buys Nike Stock At Bear-Market Extremes

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If only there were a way for Nike to stop being so woke and get Chinese consumers to buy their Air Force 1s again.


After Three Strong Years, A Banner 2026 For Stocks Looks Tough

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With valuations already frothy, an extension of stock gains requires near-perfect execution from the economy, policymakers and companies, while the downside can arrive through mild disappointments.


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Futures Flat With Early Close On Deck

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"Recent sessions suggest Santa may still arrive" 


Small Caps Need A Perfect Macro Mix To Keep Outperforming

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Continued leadership next year only makes sense if the economy threads a needle of growth and inflationary conditions...


Stocks, Copper, Silver, & Gold Hit Record Highs As Surging GDP Slams Rate-Cut Odds

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2025 has felt like three years wrapped into one... but is ending on a high note...


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European equity futures are closed as Eurex observes the Christmas Eve holiday. US equity futures are very modestly lower in thin conditions.