Five Banks Now Confirm the Same War-Profit Pattern Wall Street Would Rather Not Name
Morgan Stanley and BofA join JPM, Citi, and Goldman — five banks, $40B in Q1 trading revenue, zero daily losses at BofA, one war.
Theo Kaplan
Bureau: San Francisco
Anthropic Rebuffs $800 Billion Offers and Turns the Safety-Company Paradox Into a Valuation Strategy
Anthropic turned down VC offers at $800B — double its February valuation — while opposing the AI liability shields its rival demands.
Morgan Stanley Posts Record Quarter as War Volatility Floods Trading Floors
Morgan Stanley's $20.58B record revenue and 29% profit jump confirm Wall Street is the war's biggest winner.
Bank of America Delivers Highest Earnings Per Share in Two Decades
BofA's $1.11 EPS is its best in nearly 20 years, and war volatility is the reason nobody wants to say out loud.
SpaceX Files Confidentially for What Could Be the Largest IPO in History
A $1.75 trillion target valuation would make SpaceX's IPO larger than any public offering ever attempted.
Fintech Raised $12 Billion in Q1 but the Deal Count Fell by a Third
More money chasing fewer companies means the venture market is concentrating, not recovering.
Energy Stocks Retreat From March Peak in Possible Leading Signal for Oil
Morgan Stanley flags energy stocks falling from their March highs as a potential leading indicator that oil prices may follow downward.
BlackRock Pulls In $130 Billion as Investors Seek Shelter From War Volatility
BlackRock reported record Q1 2026 net inflows of $130 billion as investors funneled capital into ETFs amid war-driven market volatility.