CoreWeave reported its Q2 2026 earnings last week, triggering an immediate positive market reaction that propelled its shares from ~$90 to ~$111. What was the remarkable achievement of the company? Maybe losing more money, a significant worsening of margins, or raising more than $6 billion in debt in just 3…
Month: August 2026
JAPAN JUST LOST CONTROL OF ITS FOREIGN CURRENCY RESERVES
On Monday, the 3rd of August, Japan and the US agreed to issue a joint public statement confirming that they coordinated to intervene in the JPY exchange rate. This latest intervention likely cost Japan JPY 8.45 trillion and JPY 5.3 trillion of monetary reserves on Thursday and Friday, respectively, based…