VYNG

PepsiCo's core operating profit grew 3.4% in Q3 FY2026. Buried in the same release: 4 points of that came from tariff refunds. Take them out and the business didn't grow. In this episode we unpack what actually...

Markets all but took October's Fed rate hike off the table this week, and the 30-year mortgage rate rose a quarter-point anyway. The relief stopped at two years: short-term Treasury bills got cheaper, the 2-year stood...

Last quarter Nike's earnings jumped 414%. This quarter they fell 2% — and the quarter where earnings fell is the better one. Here's the trap hidden in Nike's cleanest print in a year. Three months ago we called Nike's...

Micron's growth looks like it's falling from 31% to 13%, but its next quarter is one week shorter, not slower. Here's what really changed in Micron's record fiscal Q4 2026, and the one slowdown that is real. → The...

The S&P 500 slipped less than half a percent in September. The average stock fell more than five. Here's the month the rent on money hit a 24-year high — and why the headline index hid it. → Why the US 10-year Treasury...

Stocks finished the week higher and fear eased for the first time in a month — while two Treasury auctions quietly told a different story. This week the bond market's question changed: not what the Fed will do, but who...

Adobe just printed a record quarter — and quietly stopped telling you the one AI number the whole story rests on. We decode what changed in Adobe's Q3 FY2026, and why a billion users isn't the flex it looks like. Full...

Next quarter, Broadcom expects its AI chips alone to earn roughly what the entire company made a year ago. It was a record quarter by every measure — and it still landed as a letdown. This is why. In this episode of...

Snowflake's product revenue grew 37% — a third straight quarter of a $6-billion company speeding up . It's real, and it needs no asterisk. But on the same page of the same report, the backlog shrank and the gross-margin...

Palo Alto Networks grew its flagship security ARR +63% last quarter — and roughly half of it was bought. We decode what actually changed beneath cybersecurity's loudest number this earnings season. In this episode of...

CrowdStrike just posted its best quarter ever — and its two loudest headlines, "+51% net new ARR" and "first GAAP profit," both lean on the same crutch: the year-ago quarter was the aftermath of the July 2024 outage. We...

Salesforce reported a record quarter: earnings per share up fifty percent, and a seven-percent raise to full-year guidance. Both numbers are real — and both, underneath, are financed. In this episode we take apart...

NVIDIA just posted a near-perfect quarter — $96.2B in revenue, up 106%, and a Q3 guide of $108B that cleared every bar Wall Street set. So why is that the least interesting thing that happened? Because below the income...

Amazon reported $62.6 billion of profit last quarter. About $21 billion of it came from selling things to customers. The rest is an appraisal — and only half of it even went through the earnings line. This episode...

Apple posted the best June quarter in its history and crossed 50% gross margin for the first time. Two of those records came from a tariff refund — and Apple said so itself, in the second sentence of its own release. In...