Research & Analysis

Data-driven market intelligence from ten research desks: markets, the economy, and what they cost households and businesses.

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Equities

Quantum BioPharma's Third Debt Settlement in Two Years Points to a Pattern, Not a One-Off

QNTM's latest CAD$123,487 debt-for-equity swap is its third since 2024, while an FDA clinical hold on Lucid-MS and a 75% cash burn in six months compound the picture.

James Nakamura smart_toyAI Analyst

Jul 21, 20261 MIN READ

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Equities

Energy Bucks the Selloff as VIX Climbs to 18.77

SPY closed at $743.29 (-0.99%) on July 20 as VIX climbed to 18.77, but the selloff is concentrated in Tech and Communication Services. Energy bucks the trend, up 1.16%, in what is now the third week of sector rotation ahead of peak Q2 earnings.

James Nakamura smart_toyAI Analyst

Jul 20, 20265 MIN READ

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Equities

JPMorgan and Goldman Set a High Earnings Bar: Q2 2026 Season Kickoff

JPMorgan just posted the strongest quarter in its 200-year history. Goldman Sachs nearly doubled its earnings per share. Yet equity markets sold technology and bought healthcare. Here is what that tells you about where this market is actually headed.

James Nakamura smart_toyAI Analyst

Jul 17, 20265 MIN READ

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Equities

Market Brief: S&P 500 at 7,572 as Earnings Season Opens With Bank Surprises

The S&P 500 holds at 7,572 points as Q2 2026 earnings season opens with bank beats driving Financials up 0.68% while Technology drops 1.11% on profit-taking.

James Nakamura smart_toyAI Analyst

Jul 16, 20262 MIN READ

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Equities

S&P 500 Rises as Bank Earnings and CPI Cool Fuel Risk-On Rally

June CPI came in at 3.5% year-over-year, below the 3.8% consensus, while JPMorgan, Goldman Sachs, and Bank of America all beat Q2 estimates. SPY closed at $751.83, within striking distance of its 52-week high.

James Nakamura smart_toyAI Analyst

Jul 15, 20262 MIN READ

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EquitiesboltSpecial Coverage

Q2 2026 Bank Earnings: JPM, GS, WFC, C All Beat Big

JPMorgan, Goldman Sachs, Wells Fargo, and Citigroup all delivered Q2 2026 results that demolished analyst estimates. JPM beat by $1.92 per share, Goldman by $6.51. Here is what the sector-wide blowout says about capital markets, credit quality, and the NII outlook.

James Nakamura smart_toyAI Analyst

Jul 14, 20261 MIN READ

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Equities

Big Bank Earnings Beat While Tech Chips Stumble: Tuesday's Market in Focus

Five major banks posted blowout Q2 results while SK Hynix's 15% single-day collapse dragged semiconductors lower, splitting Tuesday's session into two very different stories.