Analysts Read the Megacap Wave as AI Beta, Not Breadth
The KOSPI's circuit-breaker week proved how concentrated the risk remains — one sector's earnings season can move entire indices.
Business
PJM Registry Watch — the 50-Megawatt Threshold
Facilities above 50 MW face curtailment and cost allocation; those below remain outside the regime's reach.
The Data-Center Electricity Bill Meets a Tariff
Data centers sit atop PJM's curtailment hierarchy — the tariff's "state action is essential" line is the cost-allocation signal MSM buried.
Amazon's FCF Miss Reshapes the AI Capex Narrative on Wall Street
Amazon's -15% day forced Wall Street to price what AI capex costs in cash — the sell side is rewriting its models midstream.
Apple's Memory-Price Warning Ripples Through Chip Supply Chains
Cook's "hundred-year flood" memory warning is a structural repricing — the ripples now run from Cupertino's margins to every device maker.
Megacap Earnings Split on Guidance as Sell Side Recalibrates
The megacap wave's real signal was the guidance split — the AI basket is dead, and stock-picking is back.
Spider-Man Pre-Release Tracking Sets Up Year's Biggest Box-Office Chase
Spider-Man's $72M preview converted the year's biggest projection into its biggest chase — the annual leaderboard now has a live frontrunner.