Two days ago, Novo Nordisk handed Jiangsu Hengrui Pharmaceuticals $300 million upfront for HRS-1596, an oral GLP-1/GIP dual agonist that…
1,788 Banks Are Carrying a CRE Debt Load Regulators Flag
The maturity wall is not a future problem. It is October 2026, and the clock has already been running for…
What is “The Final Phase of Elon’s Master Plan”?
October 1, 2026 Bonus Content: The $2M vs. $11M Question Every Hyperscaler Is Answering Right Now A note from our…
President Trump Shares Eerie 12:34 a.m. Warning
October 1, 2026 Bonus Content: Corn’s $5.00 Price Tag Carries a Seven-Year Surplus Into October A note from our friends…
OpenAI Shelved Its IPO. The $1.4 Trillion Price Tag Is Now Wall Street’s Problem.
What the private-market blowout means for Oracle, CoreWeave, and investors betting on AI spending that never slows.
The silver trade cooled. One drill rig did not.
October 1, 2026 Bonus Content: BHP’s Escondida Heads Into Mediation After Supervisors Reject Final Wage Offer A note from our…
A mining district nobody has looked at properly since 1940
October 1, 2026 Bonus Content: Brazil Votes Sunday. Ibovespa Has Best Day Since Sep 10. A note from our friends…
Canadian Beer, Dairy and Motorcycles Are Now Banned
The Section 338 import bans that went live at 12:01am Tuesday are narrower than the headlines suggest, but the stacking…
Read the Iowa Steel Announcement. Then Set It Aside.
Monday’s Oval Office ceremony had the full production value of a campaign event: President Trump, Commerce Secretary Howard Lutnick, Export-Import…
Canadian Beer, Dairy and Motorcycles Are Now Banned
The escalation most traders were watching for arrived overnight. The U.S. moved from a 50% tariff on certain Canadian dairy,…