How to Read an Earnings Report: Revenue, EPS, and Guidance
Learn to decode any earnings report: income statement structure, EPS beats and misses, forward guidance, and what actually moves stock prices.
investing basics
What Is DCF? How Analysts Value Stocks Using Cash Flows
DCF analysis values a stock by forecasting future free cash flows and discounting them to today. Learn the formula, a worked example, and why assumptions matter more than the math.
How M&A Actually Gets Done: LOI to Closing Bell
Every M&A deal follows the same playbook — LOI, due diligence, regulatory clearance, and close. Here’s how each of the seven stages works and where deals fall apart.
How an IPO Actually Works: S-1, Bookbuilding, Greenshoe
From S-1 filing to first-day pop: how an IPO actually works, covering bookbuilding, the greenshoe stabilization option, and lock-up periods.
Sector Rotation: What It Is and How to Track It
Sector rotation is how smart money moves through the 11 S&P 500 sectors as the economy shifts. Learn which sectors lead in each cycle phase and how to track it.
How Short Selling Works: Short Interest & Squeezes Explained
Short selling explained — from borrowing shares to short squeezes. A clear, data-backed guide with historical examples, regulatory rules, and key metrics every investor should know.
Bond Pricing, Yield, Duration & Convexity Explained
Learn how bond prices move with interest rates, what duration really measures, and why convexity matters — with worked examples and real data.
GAAP vs. Non-GAAP Earnings: What Adjusted EPS Really Means
AMD posted $0.84 GAAP EPS and $1.37 adjusted EPS in Q1 2026—a 63% gap. Here’s what each number measures, what adjustments create the difference, and how investors should read both.
Options Greeks Explained: Delta, Gamma, Theta, and Vega
Learn how delta, gamma, theta, vega, and rho measure an option’s price sensitivity — with worked examples, real numbers, and charts.
Options 101: Calls, Puts, Strike Price, and How They Work
Learn how stock options work — what calls and puts do, how strike price and expiry determine value, and the difference between intrinsic and time value.