Treasury Backs Yen: First U.S. Support Op in Over a Decade
U.S. Treasury and the NY Fed joined the Bank of Japan to buy yen after USD/JPY hit 40-year highs — Washington’s first yen support in over a decade.
Month: August 2026
Apple Falls 7% as Cook Warns of Memory Chip ‘100-Year Flood’
Apple stock slid 7.35% Friday after CEO Tim Cook called soaring memory chip prices a ‘100-year flood.’ Nvidia reclaimed the most-valuable-company crown.
Stock Splits Explained: Forward, Reverse, and What They Do
How stock splits work, why NVIDIA and Chipotle did them, and when a reverse split signals distress. Real numbers, no jargon.
Ferguson to Replace EA in S&P 500 on Aug 5
Ferguson Enterprises (FERG) joins the S&P 500 on Aug 5, taking the slot Electronic Arts vacates as its $55B take-private closes.