Markets, capital, and the discipline of patient investing.
RFC Capital Research publishes the independent analysis of Ruslan Averin — an investor focused on public markets, sovereign and corporate fixed income, cross-border real estate, and capital allocation across emerging and frontier markets.
No institutional mandate, no house view to defend — a working record of how one investor thinks about risk, value, and the markets most analysts avoid.
Marvell's $115 billion Lumentum bet: how an all-stock premium turned into a discount
Marvell Lumentum deal: $115 billion all-stock offer, MRVL down 12.72%, LITE down 18.59%, SOX down 3.37%. Terms, spread, valuation, regulatory risk.
MarketsCencora by Morning, McKesson by Evening: The 4 November Test for US Drug Wholesalers
McKesson and Cencora earnings preview: Zacks sees EPS of $10.69 and $4.56 on 4 November; fiscal 2027 guidance, GLP-1 growth and MFN risk in focus.
MarketsBrent's $6 Qeshm whipsaw: why cheaper crude has not reached Ukraine's pumps
Brent oil price swings from $107 to $101.32 after the US strike on Qeshm: what it means for Hormuz, OPEC+, US gasoline and fuel prices in Ukraine.
MarketsApple Q4 FY2026 Preview: Why the December Guide Matters More Than the September Beat
Apple Q4 FY2026 earnings preview: LSEG sees $113.39 billion revenue; memory costs, iPhone Duo timing, Services and China set the reaction on 2 November.
MarketsAI Capex Stress Test: Which Big Tech Firms Still Pay for Data Centres From Cash
Big Tech AI capex hit $208.7 billion in Q3 2026. Only Microsoft covered it from cash flow; Alphabet fell 12.64% as free cash flow turned negative.
MarketsRecord $6.3 Billion Binance Hack: 95% Repaid, Bitcoin's Worst October Since 2014
Binance hack of $6.3 billion tied to North Korea's TraderTraitor; 95% of assets replaced, $3.64 billion net withdrawn, bitcoin's worst October since 2014.