English Posts
8 articles
- Building Its Own Network Could Cost SpaceX $130 Billion
The idea that Starlink's constellation lets SpaceX leapfrog Verizon, AT&T and T-Mobile runs into a capital-spending problem. Direct-to-device links from…
- Monetary Policy Forecasting Starts With the US 2-Year Yield
The Fed has lowered its policy rate by 175 basis points, and the 10-year Treasury yield has still spent more than a year and a half above 4%. That cuts…
- September FOMC: Jackson Hole Flipped FedWatch, but the Dot Plot Is the Real Story
The market's view of the September FOMC has reversed twice inside two weeks. When the August payrolls report landed soft in early August, traders shifted…
- Why OpenAI Is Buying Mac Studios by the Rack Instead of GPUs
OpenAI has spent the past several months acquiring Apple Mac minis and Mac Studios in tens-of-thousands-unit volume. Anthropic is renting the same class of…
- Seven Watches for Sam Altman: Why Silicon Valley Took Off the Patagonia Vest
For decades Silicon Valley dressed by an egalitarian code built on performed modesty. Steve Jobs's black turtleneck, Mark Zuckerberg's grey t-shirt, the…
- OpenAI Is Cutting Cursor Off in November, and the Market Barely Blinked
OpenAI Is Cutting Cursor Off in November, and the Market Barely Blinked
- Warsh's Jackson Hole Debut Pushed September Hike Odds Up More Than 20 Points
Everyone assumed Trump had installed a rate cutter. That was the whole point of Kevin Warsh. Trump nominated Warsh to chair the Federal Reserve on January…
- NVIDIA's $96.2 Billion Quarter: When Compute Turns Into Revenue
$96.2 billion of revenue and $63.7 billion of operating income, in a single quarter. That is NVIDIA's second quarter of fiscal 2027. The AI capex-peak…