As paper losses from a volatile digital asset treasury ballooned to over $238 million, the social media parent company is attempting a dramatic transition to Wall Street data licensing and nuclear fusion.
We track the trade behind the headline — who moved first, what it cost, and why nobody flagged it sooner. No hot takes, no tip sheets, just the reporting you would do yourself if you had the time.
Every episode takes a single story apart in public — the filings, the phone calls, and the numbers that never make it into the press release.
See everything we’ve coveredThe stories our listeners are talking about right now.
Melania Trump took center stage at the New York Stock Exchange on Wednesday morning, ringing the opening bell to mark the official launch of Imperia. The new initiative aims to…
Before the microphone, there was a desk: ten years pricing risk at a macro fund, then five more explaining it to reporters who never asked the right follow-up. This show is the follow-up question, every week.
Guests are the people who actually signed the term sheet, drafted the rule, or sat across the table from the regulator — not the analysts quoting them secondhand.
Hear the latest episode
“The number is never the interesting part. The person who moved it is.”
The five questions that land in our inbox every week.
New episodes land every Thursday at 6am ET — early enough to read before the opening bell, late enough that the week’s numbers are already final.
Apple Podcasts, Spotify, Overcast, or the player at the top of this page. The web player remembers where you left off on the same browser.
We only book people who were party to the decision — the analyst who wrote the note, the founder who signed the filing. Pitch us through the contact page with the story, not just a bio.
Every episode ships with a full transcript within a day of release, with sources linked inline so you can check our work.
Never. We explain what happened and who was behind it. What you do with that is on you.
“The only markets show that says ‘we don’t know yet’ instead of guessing live on air.”
“Cancelled two paid newsletters after a month of this. Same signal, none of the funnel.”
“Whoever writes the script clearly reads the 10-K, not just the press release.”
“I play it for new hires. It is a masterclass in asking the boring question first.”
“Explains the rule change and who lobbied for it. Rare combination in this beat.”
“Twenty minutes on my commute and I understand a story Bloomberg took a week to untangle.”
“They go after the decision-maker, not the spokesperson. Every single time.”
“No panic, no countdown clock. Just what happened and what it is likely to cost.”
“The first thing I open on Thursday morning. Usually the only one I finish.”
“I assign episodes as homework now. Better than half the case studies I used to use.”
“Corrected a call on air within days. That is worth more than being right the first time.”
“Covers the regulation without rooting for a side. Undersold skill in this beat.”
“The only markets show that says ‘we don’t know yet’ instead of guessing live on air.”
“Cancelled two paid newsletters after a month of this. Same signal, none of the funnel.”
“Whoever writes the script clearly reads the 10-K, not just the press release.”
“I play it for new hires. It is a masterclass in asking the boring question first.”
“Explains the rule change and who lobbied for it. Rare combination in this beat.”
“Twenty minutes on my commute and I understand a story Bloomberg took a week to untangle.”
“They go after the decision-maker, not the spokesperson. Every single time.”
“No panic, no countdown clock. Just what happened and what it is likely to cost.”
“The first thing I open on Thursday morning. Usually the only one I finish.”
“I assign episodes as homework now. Better than half the case studies I used to use.”
“Corrected a call on air within days. That is worth more than being right the first time.”
“Covers the regulation without rooting for a side. Undersold skill in this beat.”
“The only markets show that says ‘we don’t know yet’ instead of guessing live on air.”
“Cancelled two paid newsletters after a month of this. Same signal, none of the funnel.”
“Whoever writes the script clearly reads the 10-K, not just the press release.”
“I play it for new hires. It is a masterclass in asking the boring question first.”
“Explains the rule change and who lobbied for it. Rare combination in this beat.”
“Twenty minutes on my commute and I understand a story Bloomberg took a week to untangle.”
“They go after the decision-maker, not the spokesperson. Every single time.”
“No panic, no countdown clock. Just what happened and what it is likely to cost.”
“The first thing I open on Thursday morning. Usually the only one I finish.”
“I assign episodes as homework now. Better than half the case studies I used to use.”
“Corrected a call on air within days. That is worth more than being right the first time.”
“Covers the regulation without rooting for a side. Undersold skill in this beat.”
Choose your beats. We’ll only ever send those.
