Research from the desk.

What our data says about how news travels between companies, and what investors' books really depend on.

• Research · five-year event study · 2026-10-23
  How fast does supply-chain read-across get priced? Five years of evidence

  We measured how much of a company's earnings move reaches its suppliers, customers and competitors across 608,141 event-company pairs. Same-day transmission is real and stable; the slow catch-up the literature is famous for is not reliable in today's large caps.

• Portfolio construction · 2026-10-23
  The hidden supplier concentration in long/short books

  Ten positions that look diversified by ticker can lean on the same three suppliers. Here is what a demo long/short book really depends on once every position is mapped to its suppliers and customers.

• Supply chain · 2026-10-23
  Who supplies PepsiCo? Mapping 206 suppliers and partners with receipts

  PepsiCo's supply base researched from its 10-K, the supplier lists it publishes, import records, press releases and trade press: 206 suppliers and partners across 36 countries, and how each one is sourced.