Snowflake Q2 FY27: Revenue +35%, RPO $9B, Guide Raised
Snowflake beat Q2 FY27 with $1.49B product revenue up 37%, $9B RPO, 126% NRR. CEO Ramaswamy cites AI flywheel as full-year guide is lifted to $6.07B.
SOFR Explained: How the Post-LIBOR Benchmark Actually Works
SOFR replaced LIBOR as the reference for trillions in dollar debt. Here is how it is calculated, what moves it, and why September 2019 still matters.
Delivery Hero Board Backs Uber’s $14.8B Cash Bid
Delivery Hero’s boards endorsed Uber’s EUR 41.50 per-share cash tender, a EUR 13B (~$14.8B) deal that would forge a 99-country food-delivery giant.
Uber Cuts 3,300 Jobs to Fund Autonomous Vehicle Push
Uber is cutting roughly 10% of its global workforce and tightening return-to-office rules to redirect $580M in savings toward its self-driving bet.
Repo and Reverse Repo Explained: The Plumbing of Rates
How the US repo market really works: repo vs reverse repo, SOFR, the Fed’s RRP floor and SRF ceiling, and what broke in September 2019.
Aquiline Takes Flourish From MassMutual in Wealthtech PE Deal
Aquiline is buying a controlling stake in Flourish from MassMutual — a wealthtech platform behind 1,300+ RIA firms overseeing $2.6T+ in client assets.
GitLab Q2 FY27: Revenue $286M, +21%, Guide Raised
GitLab beat Q2 FY27 with $286.3M revenue up 21%, DBNR of 117%, and raised full-year guidance. GTLB traded up 22% pre-market on the print.
Fed Funds Futures Explained: How Markets Price Rate Cuts
Fed funds futures let traders bet on the path of the overnight rate. Here is how the contract works, and how CME FedWatch turns prices into cut probabilities.
30-Year Treasury Near 5.3%: Bessent Doubles Buybacks Sep 9
The US 30-year yield closed at 5.28% on Sept. 1, its worst September start since 2006. Treasury doubles long-end buybacks to $4B.
Dell Q2 FY27: $47B Revenue, $95B AI Backlog, Guide Raised
Dell posted record $47.0B revenue (+58%), $16.4B AI server revenue and $95B backlog, then raised FY27 to $192B. What the print actually shows.