Capital Markets
Weekly Casserole - Hedge funds dumped chip stocks for a fourth week as AI shares sold off - Week of July 6, 2026
U.S. hedge funds sold tech hardware stocks for a fourth week in a row, according to a client note from Goldman Sachs. Do you think the rally is over?
Spotify Verifies Streaming Manipulation After Malcolm Todd’s Suspicious Numbers
A Kalshi-Spotify incident shows how settlement based on the first print can reward temporary manipulation.
Nike Bonus Payouts to Fall Short of Target on Lackluster Results
Nike Inc. employees were told they would receive less than their target bonus amounts following a year of challenges that has eroded company performance, according to Bloomberg's report.
Volts to Intelligence - Meta’s AI Cloud Pivot: Monetization Strategy or Overbuild Signal?
Bloomberg (July 1) - Meta is reportedly developing a cloud infrastructure business that would sell access to AI computing power and models to outside customers. The plan could put Meta into a new competitive lane against cloud leaders such as Amazon Web Services, Microsoft Azure, and Google Cloud. The business would
Volts to Intelligence - Next AI Energy Trade: More Power VS More Value per Watt
Brief summary of "Why the world's biggest battery maker isn't worried about AI's energy demand" and extended analysis
Market Rumor - OpenAI proposes handing Trump administration 5% stake
According to FT, Sam Altman’s start-up in early talks for a public ownership deal as political pressure rises.
Breaking News - Micron Announces $250 Million Investment in Trump Accounts Reaching 1 Million Children, Families and the Future Workforce
Company launches employee matching and community seed funding, reinforcing Micron’s broader U.S. investment and workforce development strategy
Silicon Bakery - SK Hynix Nasdaq IPO: Gunning for Micron or Recoiling From the Korea Discount?
SK Hynix, one of the leading manufacturers of DRAM and NAND, will list American Depositary Receipts on Nasda. Here's our thoughts:
Commodity Desk - Oil Is Pricing a Hormuz Reopening. The July Contract Needs Proof
Oil prices are already trading a Hormuz recovery, but Polymarket’s July market needs the PortWatch ship count to hit its settlement threshold before July 31.
Macro & Micro Compass - Yen Short Bets Jump to Nine-Year High as Carry Trade Revives
Speculators are betting heavily against the yen, reviving the carry trade as a persistent interest rate gap with the US makes intervention risks seem manageable.
Fly Me to The Moon - Analyzing What Exactly the SpaceX IPO Catalyzes
SpaceX is slated for its initial public offering in June, with the IPO expected to be the largest ever in history, crossing the Aramco IPO which was priced at $1.7 trillion. SpaceX is now targeting a valuation of at least $1.7 trillion with the latest Polymarket predictions pricing
AI Speedrun - OpenAI takes the lead in AI IPO horse race: 'Getting to public markets first is very important'
OpenAI's reported imminent IPO filing has sharply reversed prediction market odds, positioning it to beat Anthropic in the race to become the first major AI company to go public.
