The IREN revenue miss is the least interesting number the company published this week. Wall Street spent Friday marking the stock down 12.53% to $35.45 because fiscal fourth-quarter revenue came in at $137.2 million rather than the roughly $157 million some models carried. That $20 million gap is a rounding error next to what IREN
Gold did not fall on Friday because inflation is beaten. It fell because the man who decides the price of money said the opposite. Spot gold closed 28 August 2026 at roughly $4,456 an ounce, down 3.2% on the day, after Federal Reserve Chairman Kevin Warsh used his first Jackson Hole keynote to tell the
Most silver price targets are guesses dressed as models. Ours are not, and the reason is one dataset: over the last twelve months the gold/silver ratio has traded from 44.1 to 89.1. That is not a forecast range — it is the range the market actually printed, twice over, inside a single year. Multiply those
The most common mistake in a Salesforce (NYSE: CRM) price target right now is treating the Claudeforce announcement as an upgrade to the existing model. It is not. It is a change to the billing unit, and a business whose revenue is metered on API consumption cannot be valued off the same seat-growth assumptions as
The consensus oil forecast for the rest of 2026 is not bullish. That surprises people, because the Strait of Hormuz is still not operating normally and the phrase “Middle East supply risk” has been in every headline for six months. But the sell-side numbers say otherwise: J.P. Morgan sees Brent averaging $80 in Q4 and
Wolfspeed’s headline number is famous and almost universally misread. Roughly 24 million shares of the silicon carbide maker sit short, close to half the shares outstanding, and the crowd reads that as a squeeze waiting to happen. The capital structure says otherwise. Wolfspeed’s post-bankruptcy convertible notes convert into about 51.8 million new shares at strikes
Snowflake has not reported. That is the first thing to fix about most of the commentary written this week. The stock closed at $329.11 on 27 August 2026, up 4.36% on the day, and a great deal of coverage has quietly treated that move as an earnings reaction. It was not. Snowflake’s own newsroom, in
CrowdStrike closed at $227.96 on 27 August 2026, up 20.5% in a single session and within 0.5% of its 52-week high of $229.08. It was the stock’s largest one-day gain in at least five years of split-adjusted daily closes. It was also, measured against 13 August, a gain of just 1.08%. That second number is
CoreWeave trades at $88.01, down 52.1% from its all-time closing high of $183.58 — and that single number hides the fact that this stock has crashed more than 50% twice in fourteen months, with a 73% rally in between. The slide most coverage describes as a grind has been nothing of the sort. Our 12-month
Elon Musk is worth $862.4 billion as of 27 August 2026, and 82.5% of that sits in a company whose shares have existed for 74 days — shares he is contractually barred from selling until June 2027. That single sentence describes a change in the structure of the world’s largest fortune that almost no coverage