Alphabet: Search dominance, AI disruption, and the future of attention
Google Cloud revenue rose 34% to $15.2B in Q3 2025, with margins at 23.7%. Backlog reached $155B, up 82%.
34 min read
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Fresh coverage on the economy, markets, and the forces moving money.
China’s Structural Slowdown: Real estate, debt & demographic drag
In Q3 2025, Services delivered $87.1B as Search grew 15% to $56.6B and Google Cloud climbed 34% to $15.2B with 23.7% margins.
34 min read
Freddie Mac survey shows 30-year mortgage rate sliding to 6.01%
Freddie Mac reported the average 30-year fixed rate fell to 6.01%, the lowest since September 2022, as mortgage applications rose 2.8% but pending sales slid 0.8%.
1 min read
President Trump orders new 10% global tariff after Supreme Court ruling
After the Supreme Court struck down his earlier tariffs, Trump signed an order for a new 10% global tariff under a different legal authority.
1 min read
Q4 GDP hits 1.4% as federal shutdown drags growth
Trump said the shutdown cost “at least two points” off GDP and urged lower interest rates.
1 min read
VIX rises as oil prices climb on Iran strike fears
The Nasdaq.com analysis said the Shiller CAPE “declined for the first time” in nearly a year after rising above 40, a move it linked historically to market pullbacks.
2 min read
The Next Commodity Supercycle: What drives it and who wins
Top miners cut capex from $145.7B in 2013 to $109.2B in 2023.
34 min read
CFTC chair Michael Selig asserts federal jurisdiction over prediction markets
CFTC chair Michael Selig asserted federal jurisdiction over prediction platforms and challenged state gaming regulators.
2 min read
ECB expands Eurep repo lines to €50bn for foreign central banks
ECB widens Eurep repo to let nearly all foreign central banks borrow euros with lines up to €50 billion each.
2 min read
PM Sanae Takaichi vows two-year suspension of 8% food sales tax
The BOJ raised its policy rate to 0.75% and the IMF said moving toward neutral by 2027 would help anchor expectations.
2 min read
Markets reprice tech winners amid Japan yield jump
Tokyo's 30-year yield jumped more than 0.25 percentage point, reviving the "widow-maker" trade and prompting global outreach.
2 min read
Soft-landing odds rise amid easing US inflation
Core CPI eased to 2.5% and employers added 130,000 jobs in January. UK unemployment rose to 5.2% while wages grew 4.2%.
2 min read