American companies with a big global footprint are reconsidering their debt strategies in the US after a change in Republicans’ 2025 tax law that limits their ability to deduct interest expenses. news.bloombergtax.com/daily-tax-repo…

More construction-in-progress with limited disclosure.

Late filings that cite accounting issues are troubling because, among other reasons, they serve as an early indicator that a restatement could be coming.

$CRWV new debt facility: beyond lower interest rate and $8.5 billion capacity. My new piece: covenants and conditions are shifting from focusing on "how much are GPUs worth down the road" to operational & cost control. open.substack.com/pub/deepquarry…

Interesting.

Financial stress among US consumers is intensifying: The delinquency rate on subprime loans is up to 10% of total outstanding debt, the highest in 11 years. Subprime loans are those made to borrowers with a credit score below 660, meaning they were already considered

Technology can do a lot for accountants. But it still can’t save them from the field trips that make them rethink all of their life choices. wsj.com/lifestyle/care… via The Wall Street Journal Mark Maurer

ICYMI - my recent piece on $SMCI developments, including an SEC investigation that is still ongoing: deepquarry.substack.com/p/super-micro-…

Financial services firm Bank of New York Mellon Corp. and investment platform Robinhood are partnering to help the Treasury Department administer so-called Trump accounts, new savings vehicles geared toward children, according to a news release. news.bloombergtax.com/daily-tax-repo…

My most recent update: three companies disclosed Unresolved SEC Comments in Q1 2026. And with the five-months dissemination backlog at the SEC, we may not see SEC comments on EDGAR for months. Long SEC Reviews Quarterly Update # 7 open.substack.com/pub/deepquarry…

TODAY: SEC Appoints David Woodcock as Director of the Division of Enforcement Read the full press release: sec.gov/newsroom/press…

OpenAI halts Stargate UK data centre project ft.trib.al/Te46csV

SCOOP: Meta today began removing ads from attorneys who were seeking clients that claim to have been harmed by social media while under the age of 18. axios.com/2026/04/09/met…

Eli Lilly’s Foundayo weight-loss pill is now available in the U.S. following the Food and Drug Administration’s approval earlier this month, the company said. on.wsj.com/4dDC3v2

Beyond Meat Inc. told investors Thursday it had inadequate procedures to accurately analyze excess inventory and was taking steps to fix the flaws. news.bloombergtax.com/financial-acco…

The Magnificent Seven now account for nearly a third of the S&P 500. If their AI bets go wrong, the whole market could go with them, writes Bethany McLean. thefp.com/p/the-ai-boom-…

What it looks like when you pull consumer demand forward from the future to the present, which we've been doing since the pandemic. 👇🏼 You eventually get to a point where there's no demand and the only thing left is a bill that's past due. The bill is now due. Season of

KRAKEN HAS FILED CONFIDENTIALLY FOR IPO, CRYPTO EXCHANGE CO-CEO CONFIRMS - SEMAFOR