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BA $209.00 ▼ −2.57% BMNR $15.90 ▼ −1.30% GRRR $16.38 ▲ +8.10% LUNR $26.37 ▼ −4.90% SPY $727.26 ▼ −1.62% QQQ $689.74 ▼ −1.98% BTC $63,074 ▲ +2.54% ETH $1,656 ▲ +2.18% BA $209.00 ▼ −2.57% BMNR $15.90 ▼ −1.30% GRRR $16.38 ▲ +8.10% LUNR $26.37 ▼ −4.90% SPY $727.26 ▼ −1.62% QQQ $689.74 ▼ −1.98% BTC $63,074 ▲ +2.54% ETH $1,656 ▲ +2.18%

Opinion Snapshots

AI Infrastructure

Gorilla Technology Group (GRRR)

GRRR closed a ~$2 billion AI infrastructure supply arrangement in India with Supermicro to support its Yotta project, and raised full-year 2026 revenue guidance to $160–$200M after Q1 revenue grew 55% year-over-year to $28.2M with positive operating cash flow. Cantor Fitzgerald raised its price target to $40 (from $31), maintaining Overweight. Shares trade around $16.38, down from a 52-week high of $27.90.

Space & Aerospace

$LUNR: Five NASA Task Orders, $5.76B Market Cap

Intuitive Machines has grown into a $5.76 billion company with five NASA lunar surface delivery task orders under its CLPS programme. Q1 2026 EPS missed estimates as the company remains pre-revenue on key contracts, but the long-term cislunar infrastructure thesis is intact. Shares trade around $26.37, off a 52-week high of $46.75, with a 52-week low of $7.78.

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Macro Issues

01 — Fintech

Fintech Revolution: ML · AI · IoT

Financial institutions can now deliver remote services with minimal constraints imposed by device, time, or location. The intersection of machine learning, AI, and the Internet of Things is shifting the ground beneath traditional banking with unprecedented outcomes.

02 — Data

Using Big Data to Track Unemployment in Real-Time

The internet is not only storing information — it's also measuring the actions of individuals and entities in a more accurate and time-conscious manner, enabling real-time economic indicators that were impossible a decade ago.

03 — Banking

Fractional Reserve Banking

A case where only a fraction of bank deposits are backed by cash or tangible money. Understanding this system is foundational to understanding how credit, money supply, and monetary policy interact in modern economies.

04 — Balance Sheet

Maturity Mismatch in Commercial Banking

Occurs when banks mismatch their balance sheets by holding more short-term liabilities than short-term assets. This structural fragility is at the core of most historic banking crises and remains a live systemic risk today.

05 — Lending

Loanable Funds & Financial Intermediaries

In the loanable funds model, banks receive deposits of tangible money from savers and channel them to borrowers — a simplified but instructive lens for understanding interest rate formation and capital allocation.

06 — Money

The Creation of Money

Banks create around 80% of the money supply as electronic deposits. When a bank credits an account with a loan, that value did not exist beforehand — a profound reality that shapes inflation, monetary policy, and the limits of central bank control. [BoE]

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