Analysis & Explainers
Longer reads on stocks, crypto and markets - the context behind the headlines.
Microsoft: How the World's Largest Software Company Keeps Growing
An analysis of how Microsoft earns, what drives its valuation, and the risks that could break the story.
Alphabet: Search Dominance, AI Bets, and a Cheap Multiple
Alphabet's core search advertising business funds huge AI and cloud bets, but regulatory and competitive risks persist.
Amazon: How E-Commerce and Cloud Create a Unique Profit Engine
Amazon's earnings come from two distinct engines: low-margin retail and high-margin cloud, each facing different competitive dynamics.
Apple: How the World's Most Valuable Company Earns and What It Risks
Apple's fortune rests on a hardware ecosystem that feeds high-margin services, a formula the market prizes but one exposed to regulatory and cyclical threats.
NVIDIA: Beyond the AI Chip - How the GPU Giant Earns Its Trillion-Dollar Valuation
NVIDIA dominates AI chips with its GPU hardware and CUDA software. But sustaining that lead requires constant innovation and navigating geopolitical headwinds.
InvestingETFs vs Mutual Funds: Choosing the Right Investment Structure
Understand the key mechanical differences between ETFs and mutual funds to make an informed choice.
InvestingHow to Read a P/E Ratio Without Being Misled
Understand trailing and forward P/E, what they reveal, and the classic mistakes that lead to misinterpretation.
Visa vs Mastercard: The Structural Differences in Their Business Models
A comparison of how Visa and Mastercard each generate revenue, their different exposures to cross-border flows, and their strategies for the rise of account-to-account payments.
Stablecoins: Three Designs and How Each One Can Break
A clear guide to the three stablecoin models and the specific failure modes that have caused historical de-pegs.