Editorial companion

What stands out

Alex Coffey highlighted a tidy little conflict every investor lives with: company-level momentum that looks constructive versus macro risks that can undo it overnight. The clip pairs Intel's claim of adding AI muscle with Deckers' Hoka-driven beat-and-then-back-up trade, and frames both against crude near $90 and U.S.-Iran geopolitics that keep yields and inflation jittery. If you trade headlines, you get whipsawed; if you study the reports underneath the noise, you see where durable value and short-term vulnerability diverge.