The Week Ahead - August 16th
Jane Street's Big L. Stripe is closing in on OpenRouter.
Bull Street
A bullish read on the markets and what you need to know. Published on Sundays, Wednesdays, and Fridays. Backed by the Wall Street Rollup.
Latest episodes
What you Need to Know for August 14th
A new stock market high. Plus, the biggest software LBO ever?
What you Need to Know for August 12th
On Cloud's Cloudy Future. Plus, it's Inflation Day.
What You Need to Know for August 9th
An Important Update from The Bull Street Team
📈 Microsoft beats big, Azure hits $100B, shares up 7%
Microsoft's blowout quarter anchors a wild night for mega-cap earnings, with the Fed's hawkish three-way dissent rattling bonds and Meta's cash crunch reminding us that AI capex has a price.
📈 Nvidia's $500B HBM Deal Locks In the AI Supply Chain
Nvidia secures a half-trillion-dollar memory pact with SK Hynix while defense backlogs hit records, tariff lawyers file suit, and the biggest earnings week of the summer is about to land.
📈 Tesla's Free Cash Flow Goes Negative
Tesla's margin collapse and negative free cash flow headline a busy earnings night, while TSMC pays the price for American chips and the 30-year Treasury flashes a 19-year warning.
📈 Buffett's $30B Google Bet
The Oracle breaks his silence, Warsh tightens his lips, and the auto-credit cracks spread.
📈 $26.5 Billion, One Trading Day
SK Hynix's debut anchors a green week for the S&P, Nasdaq, and Dow, while Salesforce and AstraZeneca show where the hype outran the execution.
📈 Hike or Cut? Warsh Won't Say.
A Fed split down the middle, Apple hands Broadcom $30 billion, Blue Origin opens its doors to outside money, and your seat at Oren Klaff's Game of Money.
The grid just told its biggest customers to power themselves. Nobody is reading it right.
Emergency orders, a 20-year demand record, and why bring-your-own-power is the next American buildout.
📈 The AI trade isn't the chips. It's the power.
Why Texas utilities with signed contracts may be the cleanest AI bet on the board, plus a Tesla quarter that isn't the blowout it looks like.
📈 Meta just gave the market the one thing it was missing
The AI spending story finally has a revenue story. Chip stocks cracked, ADP came in soft, and Oren Klaff on the four seats in every deal.
The Private Equity trick investors always miss - until it’s too late
Every deal has four seats at the table. One of them wins no matter what. Here's how to stop being the one the trick gets pulled on.
📈 The Memory Crisis Just Hit Apple
Its worst day in a year, Micron's record margins, and who really wins when the scarce thing gets scarcer.
GE Vernova's Gas Turbines Are Sold Out Through 2029: AI Is Why
Hyperscalers are queuing up for turbines that now cost 300% more than three years ago
ON Semi Buys Synaptics for $7 Billion in Physical AI Push
The all-stock deal is ON Semi's largest ever and targets a $243 billion addressable market by 2030
📈 Micron's $1 Trillion Quarter
Revenue quadruples as the AI memory crunch mints a new chip giant, the banks unleash capital after the stress test, and Oren Klaff exposes private equity's favorite magic trick.
Private Equity Has Magic Tricks to Make Money in Every Bad Situation
With more than 30,000 companies stuck in the exit pipeline, private equity invented a way to sell a company to itself, call it an exit, and reset the clock.
Micron Blows Past Every Estimate: Revenue Quadruples as Memory Crunch Deepens
A global AI-driven shortage is turning Micron into a trillion-dollar toll booth on the data center buildout