Kevin Warsh Inherits a Split FOMC and 4.97% Long Bond
Kevin Warsh took the oath as Fed chair on May 22, 2026, inheriting an 8-4 FOMC and a 30-year Treasury near 5%. June 16-17 is his first meeting.
Month: June 2026
172k Jobs, $1T Wiped: Nasdaq’s Worst Week in a Year
A hot May payrolls print pushed Fed rate cuts off the table and triggered a 10.4% single-day SOXX collapse, dragging Nasdaq to its worst week in a year.
Stock-Based Compensation Explained: GAAP vs Non-GAAP
Stock-based compensation is real money. How RSUs and options get expensed, why tech excludes SBC from non-GAAP EPS, and how buybacks paper over the dilution.
Partners Group Caps $8.6B Fund as Q2 Gates Spread to PE
Partners Group gated its $8.6B Global Value SICAV after 9.8% redemption requests, dragging Blackstone, KKR and Apollo lower as BCRED also tightens back to its 5% cap.
Lululemon Plunges 12% as FY26 Guidance Cut Eclipses Beat
LULU beat Q1 FY26 but cut full-year guidance by ~$350M after Americas comps fell 5%. Pre-market: -12.6%. The international story is still working.
SEC Filings Explained: 10-K, 10-Q, and 8-K
Every U.S.-listed company files three core reports with the SEC. Here is what each one contains, when it is due, and what to read first.
Order Types Explained: Market, Limit, Stop, Trailing Stops
Market, limit, stop, stop-limit, and trailing stops explained — what each order does, when to use it, and how each one can quietly cost you on the fill.
Crescent Capital Closes Record $10.8B Direct Lending Fund
Crescent’s CDL Fund IV closed at $10.8B in investable capital — more than double its 2022 predecessor — as Apollo and Ares cap BDC redemptions.
TSMC at AGM: ‘Will Be a Long Time’ Before AI Supply Catches Demand
TSMC CEO C.C. Wei told the June 4 AGM AI demand still outpaces supply, signaling pricing power as Arizona buildout hits $165 billion.
Dark Pools Explained: How Off-Exchange Trading Works
Dark pools now match nearly half of U.S. stock trades — and most retail orders never touch a lit exchange. Here is how they actually work.