Analysis, notes, and data-driven insights on the stock market, macroeconomics, tech valuations, and capital allocation.https://market.duklee.net/en-ushttps://market.duklee.net/blog/2026-09-26-martin-shkreli-short-kodiak-sciences-kod-daybreak-deep-dive/https://market.duklee.net/blog/2026-09-26-martin-shkreli-short-kodiak-sciences-kod-daybreak-deep-dive/Martin Shkreli announced he is shorting Kodiak Sciences ($KOD) at $32 ahead of the pivotal Phase 3 DAYBREAK data readout on Monday, September 28, 2026. We conduct a deep clinical, pharmacological, and financial investigation into tarcocimab tedromer, the ABC biopolymer platform, its historical trial failures, the $125.9M cash cliff, and deliver our independent verdict.Sat, 26 Sep 2026 00:00:00 GMThttps://market.duklee.net/blog/2026-09-26-oracle-cds-spike-openai-debt-fallen-angel/https://market.duklee.net/blog/2026-09-26-oracle-cds-spike-openai-debt-fallen-angel/Oracle's 5-year credit default swap (CDS) spread has blown out to 230 bps—quadrupling in a year, eclipsing 2008 financial crisis levels, and pricing credit risk alongside sovereign Turkey. With S&P cutting Oracle to BBB- and OpenAI burning $278B while accounting for half of OCI's backlog, credit markets are signaling that the AI debt super-cycle has found its fault line.Sat, 26 Sep 2026 00:00:00 GMT