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Notes on the market

Why stocks moved, traced through the news that came before.

October 15, 2026Constellation · CEG · Vistra · VST5 min read

The first nuclear deal got a shrug. The second got 12%.

In the first week of October, Constellation Energy rose 17.9% and Vistra 20.5%. The demand story behind it was weeks old. What changed was who signed, and how big.

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October 14, 2026CoreWeave · CRWV5 min read

CoreWeave's bad day started in September

On October 14, CoreWeave fell 15.5% in a single session. The reasons had been in the news for a month, scattered across stories that didn't look connected.

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