The Thirty-Year Yield Held Five Point Two on Warsh's Eve
The thirty-year Treasury yield held 5.198 percent on the eve of Warsh's White House swearing-in — the first such ceremony since Greenspan 1987.
Theo Kaplan
Bureau: San Francisco
TJX Raised Guidance While Target Sold Off on the Same Print Day
Two retailers beat the consensus on the same Tuesday morning. The off-price one raised guidance. The mainline one cratered five percent pre-market.
Intel's Foundry Customer Is Still Not Named
Lip-Bu Tan said 'multiple customers are working with us.' He has been saying that since March.
Bitcoin Held Seventy-Seven Thousand on Warsh's Eve
Three months ago a 5.2% thirty-year would have crushed crypto. On the eve of Warsh's Bitcoin Pizza Day swearing-in, it produced nothing.
EchoStar SpaceX Equity Day Nine Still Has No Closing Print
Nine days after the FCC cleared the deal, SATS is a retail proxy for SpaceX — and the proxy has no closing receipt.
Cerebras Day Five After the Ten Percent Slide
Up sixty-eight percent on debut. Down ten percent four days later. Day five: is it Nvidia complement or substitute?
Edmund Phelps Died at Ninety-Two of Alzheimer's
The Nobel laureate who taught central banks that inflation expectations were the game died Friday in Manhattan — his Mass Flourishing thesis is the older counter-position to this year's capex story.