Podcast Episodes

Newmont (NEM) Q4-25 earnings: A $3B cash machine, an abandoned mine & the Barrick war

Newmont's Q4 2025 report reveals a massive paradox: record gold prices are printing billions in free cash flow, but sudden global tax traps and an es…

5 months, 1 week ago

Teck Resources (TECK) Q4-25 earnings: 50% margins, broken shiploaders & dodging tariffs

Teck Resources delivered an absolute monster Q4 2025 with 50% copper margins, yet the physical reality of broken port infrastructure and geopolitical…

5 months, 1 week ago

Targa Resources (TRGP) Q4-25 earnings: Record EBITDA, $1B CapEx blitz & a 5-year tax pass

In Q4, Targa Resources hit record earnings despite negative natural gas prices, but a massive ongoing construction bill triggered an abrupt aftermark…

5 months, 1 week ago

Southern Company (SO) Q4-25 earnings: The $123M debt penalty & the end of Plant Vogtle

Southern Company used strong Q4 2025 revenue growth to voluntarily absorb hundreds of millions in structural clean-up costs, aggressively prepping th…

5 months, 1 week ago

Walmart (WMT) Q4-26 earnings: Ads hit 33% of profits & e-commerce margin inflection

Walmart's Q4 2026 results prove the physical retail giant is quietly transforming into a high-margin digital platform, even as its core shopper feels…

5 months, 1 week ago

Nutrien (NTR) Q4-25 earnings: The $300M weather trap & the rise of robot miners

Nutrien’s Q4 2025 results present a fascinating paradox—revenue is down double digits, but net income surged thanks to strategic asset sales and stru…

5 months, 1 week ago

Occidental (OXY) Q4-25 earnings: Surviving $59 oil & the end of the M&A era

Occidental posted a GAAP net loss in Q4 2025 as commodity prices sank, yet shares surged as the company declared an official end to its acquisition e…

5 months, 1 week ago

Carvana (CVNA) Q4-25 earnings: The $685M tax windfall & the cost of "backsliding"

Carvana posted a record $951M in net income, but beneath the headline lies a massive non-cash tax windfall and admitted operational struggles.

In ~10 …

5 months, 1 week ago

DoorDash (DASH) Q4-25 earnings: The $4B record, the cash flow crash & a risky tech rebuild

DoorDash proved it can buy growth as revenue hit $4.0B, but a 65% collapse in Free Cash Flow shows the Deliveroo integration is getting messy even as…

5 months, 2 weeks ago

Booking Holdings (BKNG) Q4-25 earnings: The 25-to-1 stock split & a $550M efficiency pivot

Booking Holdings managed 16% year-over-year growth during its winter lull, but the headline grabber is a massive 25-for-1 stock split designed to cou…

5 months, 2 weeks ago