What if we could decode the language of budgies—not just by observing their body language, but by analyzing the structure of their chirps, calls, and chatter? Inspired by a groundbreaking study published in Nature, which found that budgerigars have brain regions specialized for vocalization that mirror those used for

Over the past decade, capital expenditures (CapEx) across major U.S. industries have revealed critical shifts in corporate strategy, economic resilience, and policy-driven priorities. By examining CapEx relative to operating cash flows (investment rate), we gain insight into how different sectors deploy their financial resources. This blog explores major CapEx

Companies generate trillions annually in operating cash flow, but how much of that actually translates into federal income tax paid? Using cash-based metrics and EDGAR filings, I’ve aggregated calendar-year estimates of both cash flow and taxes paid by industry. Here’s what the data reveals. Data Preparation Companies often

In The Little Book of Common Sense Investing, John Bogle posits that the overall return on stocks is intrinsically linked to the revenue generated by the underlying companies. This notion aligns with the fundamental principle that owning a stock signifies a partial ownership stake in a business. Nevertheless, market pricing

The EUR/USD currency pair is the most actively traded in the global foreign exchange (FX) market. Here’s an overview of its market size and trading volume. In April 2022, the average daily trading volume in the global spot FX market reached $2.11 trillion. Reflecting the US dollar’

Interest rates are a fundamental driver of economic activity, influencing everything from consumer spending to corporate investment. In the stock market, changes in interest rates can ripple through various sectors, altering profit margins, affecting debt costs, and shaping investor sentiment. While the effects of these changes are not always immediate