Bond Duration Explained: Why Yields Move Bond Prices
Bond duration measures how much a bond’s price moves when yields change. Here’s the math, a worked example, and why long Treasuries got crushed in 2026.
Zoom’s Anthropic Stake Hits $1.3B: A 25x CVC Win
Zoom’s Q1 FY27 filing disclosed its $51M Anthropic stake is now worth about $1.3B — roughly 25x in two years. What the markup means for corporate venture.
Ford Jumps 9.2% to 3-Year High as AI Story Re-Rates
Ford ripped 9.22% to $14.93, a fresh 52-week and 3-year high, as Wall Street started crediting its AI and Dearborn pivot. Now comes the hard part.
DCF Valuation Explained: Inputs, Math, and Pitfalls
DCF values a company as the present value of its future free cash flow. Here is the formula, a worked example, and the three inputs that break it.
Japan 40-Year JGB Hits Record 4.04%: Why It Matters Globally
Japan’s 40-year government bond yield hit an all-time high of 4.04% on May 19. Inside the JGB rout — the data, drivers, and global ripple effects.
Futu Plunges 27% on $271M China Penalty; Tiger Hit Too
Futu Holdings dropped 26.9% Friday after the CSRC proposed a ~$271M penalty for unlicensed mainland brokerage. Tiger Brokers fell 25.3% in sympathy.
How an IPO Actually Works: S-1, Bookbuilding, Greenshoe
From S-1 filing to the greenshoe, how a private company actually goes public — underwriters, the roadshow, pricing, allocations, and stabilization.
Lantheus Weighs $7B Curium Bid; Radiopharm M&A Heats Up
Lantheus Holdings (LNTH) is weighing a roughly $7 billion takeover bid from PE-backed Curium Pharma. Shares jumped 9% on the report.
Dell Jumps 16.8% on NVIDIA Halo; Q1 Bar Is High Now
Dell ripped 16.77% Friday after NVIDIA’s record $81.6B quarter. With a $43B AI server backlog already in hand, Q1 FY27 has to deliver.
Stock Buybacks Explained: Mechanics, EPS Math, Taxes
How share repurchases actually work — open-market vs ASR vs Dutch auction, the EPS math that drives them, SEC Rule 10b-18, and the 1% excise tax.