An earnings conundrum, the “pipe dream” and Bud bows out

The busiest week of earnings season is underway, and we’re seeing an anomaly develop: beat & drop, or miss & rally. We’ll explore. Plus, we’ll take a close look at pipe financing, an under-the-radar trend that’s helping fuel the recent SPAC boom. And, in today’s Rapid Fire: the most compelling story in retail, a Super Bowl ad shakeup and podcast-palooza.