Warsh Took the Oath From Clarence Thomas in the East Room
Trump introduced, Thomas swore him in, FOMC unanimously elected him chair within hours, and the bond market traded the same neighborhood it traded the day before.
Theo Kaplan
Bureau: San Francisco
Lululemon's June 25 Vote Now Has All Four Corners
Wilson's three nominees, the board's three, Elliott's billion-dollar position pushing a different CEO, and a $126.76 stock down 39.9% YTD — all four corners landed Friday.
Anthropic Projected Its First Quarterly Operating Profit at $559 Million on $10.9 Billion in Q2 Revenue
The same week the AI lab said it would print its first quarterly profit, SpaceX's S-1 disclosed Anthropic was paying it $1.25 billion a month for compute through 2029.
Bitcoin Slid Five Hundred Dollars to Seventy-Six Thousand Eight on Warsh's First Day
The first pro-crypto Fed chair took the oath in the East Room and the asset that most expected him moved less than a percent.
The Thirty-Year Traded Between Five Oh Seven and Five Nineteen on Warsh's Oath Day
The bond market voted before Trump finished the introduction — and what it voted was nothing.
Intel's Foundry Customer Is Still Not Named Day Five
Lip-Bu Tan's 'multiple customers engaged' line is the same on Friday as it was last March.
Cerebras Day Six After the Ten Percent Slide
Up sixty-eight on debut, off ten by Friday — and the concentration footnote is still the only customer table.
EchoStar SpaceX Equity Day Ten Still Has No Closing Print
Ten days after the FCC approved the spectrum sale, EchoStar still hasn't filed the 8-K showing the SpaceX shares in hand.