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AlphaBlog

PCE Cools, But Long Rates Refuse to Behave

The Fed’s preferred inflation gauge just gave equities a polite gift. The bond market, however, is still charging a very impolite price for long-duration optimism.

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Market News

Pedevco: Hedges Are Eating Into The Oil Price Upside

Pedevco: Hedges Are Eating Into The Oil Price Upside

PEDEVCO is a standard U.S. oil producer with over 300,000 net acres across three basins, but recent results raise concerns. Despite Q2 oil sales at $94/barrel and surging production from a 2025 merger, PED posted a first-half loss due to hedging and non-recurring factors. Locked-in hedges through 2028 severely limit upside from higher oil prices, while operating costs have risen to $26.51/Boe post-merger.

Aug 26, 2026 05:39 PM seekingalpha.com
INFLATION RUNS HOT: What it means for the Fed's next rate move

INFLATION RUNS HOT: What it means for the Fed's next rate move

FOX Business contributor Lou Basenese and Heritage Foundation chief economist EJ Antoni analyze the PCE inflation report showing a 3.7% annual rise and debate how the data could impact the Federal Reserve's next policy moves on ‘Kudlow.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #kudlow #inflation #pce #pceinflation #federalreserve #fed #interestrates #economy #useconomy #monetarypolicy #ratecuts #economicdata #loubasenese #ejantoni #heritagefoundation #consumerprices #markets

Aug 26, 2026 05:30 PM youtube.com
Nuvation: Why I'm Downgrading To Hold Despite Progress On NSCLC And Glioma Fronts

Nuvation: Why I'm Downgrading To Hold Despite Progress On NSCLC And Glioma Fronts

Nuvation Bio Inc. is downgraded to Hold after a >200% share price run, reflecting cautious optimism amid early Ibtrozi launch dynamics. Ibtrozi, now the leading ROS1 TKI in new patient starts, posted $23.2m Q2 revenues with strong first-line uptake, but overall patient starts declined sequentially. NUVB management projects a $3.8bn Ibtrozi peak revenue opportunity, but current sales and analyst estimates suggest a more modest trajectory near $650m.

Aug 26, 2026 12:15 PM seekingalpha.com
AI Data Center Demand Isn't Slowing: Southern CEO

AI Data Center Demand Isn't Slowing: Southern CEO

As the AI boom is driving one of the biggest data center buildouts in history, Southern Company CEO Chris Womack discusses the utility's growing pipeline of data center projects, its 25-year agreement supporting OpenAI's planned Georgia expansion, and why he says hyperscalers can bear the cost of new infrastructure while putting downward pressure on electricity rates for existing customers. He joins Ed Ludlow on "Bloomberg Tech.

Aug 26, 2026 10:05 AM youtube.com

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