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    The Daily Thesis

    The story driving the market. Our take on what it means.

    The Daily Thesis

    The Inflation Squeeze Gives Everyday Value the Edge

    Persistent price pressure and weakening services activity strengthen the case for resilient household spending. Friday’s rotation rewards that business logic, even as artificial-intelligence demand remains strong.

    Read our take
    The Daily Thesis

    Billions for AI. Fees for BlackRock.

    AI spending creates more than chip orders. BlackRock earns fees from managing capital and is taking a bigger role in financing data centers.

    Read our take