May PCE Hits 4.1%, Highest Since 2023; Hike Odds Jump to 68%
Headline PCE jumped to 4.1% YoY in May, core to 3.4%. September rate-hike odds surged to ~68% from 29% a week ago as Treasury yields wobbled.
Apple Hikes Mac and iPad Prices; Micron Soars 14% on Beat
Apple fell 5% after raising Mac and iPad prices on memory costs. Micron jumped 14% to $1,195 on Q3 FY26 beat — same AI memory squeeze, both sides.
How an IPO Actually Works: S-1, Bookbuilding, Greenshoe
How a company goes public, step by step: the S-1 filing, bookbuilding, share allocation under FINRA Rule 5130, and the greenshoe that stabilizes the first weeks of trading.
Fed’s Post-QT Pivot: +$275B Treasuries, -$191B MBS YoY
Six months after the Fed ended balance sheet runoff, its portfolio shows a clean pivot: Treasury holdings up $275B YoY, agency MBS down $191B.
OpenAI’s Jalapeño Chip Lifts Broadcom, Tests Nvidia’s AI Grip
OpenAI’s first custom inference chip Jalapeño, co-designed with Broadcom, lifted AVGO 3.4% June 24 and revives the hyperscaler ASIC challenge to Nvidia.
Short Selling and Short Squeezes Explained: How They Work
How a short sale actually works — locate, borrow, margin — and why a crowded short can flip into a squeeze that prints $483 GameStop.
All 32 Banks Pass Fed 2026 Stress Test in $708B Scenario
Fed’s 2026 DFAST: all 32 large U.S. banks would survive a severe recession, absorbing $708B in losses while staying above CET1 minimums. Key numbers inside.
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.
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.