Paychex Beats Q4, but FY27 Guide Cools PAYX Rally
Paychex Q4 EPS jumps 43% and FY26 revenue climbs 17%, but a 5–6% FY27 outlook drags PAYX 1.5% on the day.
Bruno
Yield Curve Explained: Shapes, Inversion, Recession Signal
What the Treasury yield curve is, what each shape means, and why inversion has preceded every U.S. recession since the late 1960s.
SK Hynix Plans Record $29B Nasdaq ADR Listing in July
SK Hynix will raise up to $29.43B via a Nasdaq ADR listing on July 10, eclipsing Alibaba’s 2014 NYC debut as the largest foreign-issuer ADR ever.
Alphabet Joins the Dow, Replacing Verizon June 29, 2026
Alphabet (GOOGL) replaces Verizon (VZ) in the Dow Jones Industrial Average on June 29, 2026. Here’s what the price-weighted swap means for the index.
Bond Duration and Convexity Explained: Why Prices Fall
Duration tells you how much a bond’s price moves when yields shift 1%. Convexity tells you how much duration is lying. Formulas, example, traps.
Apollo, Morgan Stanley Gate Funds as Private Credit Exits Hit 17%
Apollo capped Q2 redemptions at its $26B Debt Solutions BDC after 16.8% requested, while Morgan Stanley’s $7B North Haven fund gated at 5% on 11.6% requests.
Tech Rout Sinks Nasdaq 2.2% as Chip Wreck Hits Wall St.
The Nasdaq fell 2.2% Monday and the VIX jumped 13% as semis cracked nearly 8%. Mag 7 fractured: NVDA -4%, Alphabet hit hard, MSFT and AAPL held.
Venture Capital Explained: Stages, Term Sheets, and Down Rounds
How VC actually works: seed through growth, what’s in a term sheet, how dilution stacks up round by round, and what happens when a down round hits.
30-Year Yield Near 5% as Fed Holds and Hike Bets Rise
The 30-year Treasury yield is at 4.94% as the Fed holds at 3.50-3.75% and nine officials pencil in 2026 rate hikes. What it means for markets.
Argan (AGX) Hits $790 on Record Q1 as AI Power Boom Builds
Argan posted record $291M Q1 revenue and $3.24 EPS as gas-fired power demand for AI data centers surges. AGX now trades above every published analyst target.