Rising costs threaten company profits
PPI signals margin squeeze
Business
Companies, earnings, deals and capital allocation: how corporate balance sheets are responding to rates and tariffs.
What company filings say about tariff risk
10-Q disclosure of 301 exposure
Which companies can pass on higher costs
Pricing power under oil shock
The peace deal collapses, and oil jumps
Oil shock re-priced into swaps
The tariff refund boost to earnings
Earnings quality of refunds
Proving your supply chain is clean will cost you
Forced-labour compliance costs
![The British managed container ship, Los Angeles Trader [IMO 9348663] departing Fremantle Port on December 15, 2015](/photos/trade-c687_hu_49cba2115340da07.webp)
A peace deal nobody has signed
Execution risk in peace pricing
Oil tankers stuck at sea
Closure strands fleet capacity
$35bn of refunds, and where it goes
Cash windfall allocation
Refiners are winning the war
Product tightness lifts margins
Saudi Arabia's pipeline around the war
Red Sea bypass capacity
Which airlines are protected from $100 oil
Airline fuel-hedge coverage
Who gets the $166bn tariff refund?
Importer balance sheets gain claim
AI is coming for software companies
Agentic tools threaten seat pricing
Big Tech's AI spending passes $600bn
Capex outruns operating cash
Companies brace for a tariff refund
Refund contingency accounting
Paramount goes hostile
Debt-funded cash vs stock offer
Netflix bets big on Warner Bros
Stock vs cash offers
Nvidia's $57bn quarter doesn't end the bubble debate
Beat fails to calm capex fears
Meta borrows $30bn for AI
Debt funds AI capex
The AI money loop
Vendor equity funds customer capex
First Brands and the debt nobody saw
Factoring hides leverage
Oracle's $455bn order book
RPO requires debt-funded capex
Japan's deal: 15% and $550bn
Investment pledges as tariff price
Stablecoins get their rulebook
Reserve rules mirror 2a-7
The tax break that could spark a factory boom
100% expensing pulls investment forward
Walmart warns prices are going up
Retailer absorption vs price hikes
Britain gets the first trade deal
Quota-based auto relief
Tariffs haven't dented Big Tech's AI spending
AI capex insensitive to trade shock
Companies stop giving forecasts
Uncertainty forces guidance suspension
Carmakers face 25% tariffs
OEM margins vs parts origin
Nvidia's margins slip
Ramp costs compress gross margin
Steel tariffs squeeze American manufacturers
Input tariffs compress downstream margins
Big Tech keeps spending after DeepSeek
Jevons logic in capex guides
Wall Street banks bet on deregulation
Fee pool recovery vs capital relief
Biden blocks the US Steel deal
Blocked deal triggers termination payment
Honda and Nissan: merging to survive
Consolidation to fund EV transition
US Steel's deal is in limbo
Political veto as deal variable
Companies are stockpiling before the tariffs hit
Inventory pull-forward ties up cash
Tesla's profits: look closer
Non-core credits flatter auto margins
Banks' interest income bottoms out
Rate cuts compress bank margins
Microsoft reopens Three Mile Island
Long-dated PPAs as capex substitutes
Boeing's strike and its shrinking cash pile
Strike burns cash near junk threshold
Buffett is sitting on $277bn of cash
Cash as valuation signal
Intel stops paying its dividend
Foundry capex exhausts free cash flow
