Meta, BlackRock Team on $14B El Paso AI Data Center
Meta and BlackRock unveiled a $14 billion joint venture for a 1-gigawatt El Paso AI data center, financed by a $12B bond sale kept off Meta’s balance sheet.
The Yield Curve: Shape, Inversion, and What It Predicts
How the U.S. Treasury yield curve works, why its shape matters, what inversion has and hasn’t predicted, and how to read today’s curve.
Zhongji Innolight Raises $6.81B in Hong Kong’s Top 2026 IPO
China’s Zhongji Innolight priced a $6.81 billion Hong Kong listing at HK$980 a share, the exchange’s biggest IPO of 2026 and Asia’s second-largest, ahead of a July 30 debut.
CXMT Pops 466% in Shanghai IPO; U.S. Memory Stocks Slide
China’s CXMT surged 466% in its $8.6B Shanghai debut, becoming the country’s most valuable A-share and sending Micron, SanDisk, and SK Hynix sharply lower.
Covered Calls Explained: How They Work and When They Don’t
A plain-English guide to covered calls: mechanics, payoff, breakeven, a real worked example, when the strategy earns its premium, and when it costs you.
Coca-Cola Taps Bankers for $1B India Bottler IPO
Coca-Cola has invited Kotak, HDFC and Citi to pitch on a $1B IPO of Hindustan Coca-Cola Holdings at a ~$10B valuation, targeting a 2027 BSE/NSE listing.
Reddit Pops 14% on Higher AI Data-Licensing Fee Talk
Reddit surged 13.93% Tuesday as investors bid up shares on reports of higher AI data-licensing fees, spotlighting a maturing content-for-training market.
Payment for Order Flow (PFOF): How Free Trades Work
Payment for order flow (PFOF) is how zero-commission brokers get paid. Here’s exactly who pays whom, what Rule 606 discloses, and why regulators disagree about it.
SoftBank Reopens $10B OpenAI Margin Loan With Concessions
SoftBank has reopened talks for a $10B margin loan backed by its OpenAI stake, adding lender concessions after a June stall cut the target to $6B.
Meta Pops 10% on Cloud Push; CoreWeave, Nebius Sink 13%
Meta jumped nearly 10% on July 1 after reports it will sell excess AI compute to enterprises, sending CoreWeave and Nebius down 13% on hyperscaler-lite fears.