Data visualised.
Evidence organised.

Direct lending to SaaS has structurally surged

Stock of loans outstanding, USD billions, year-end.

Source PitchBook LCD, BIS, Apollo Chief Economist, Daily Spark, June 16, 2026.

The energy ledger has structurally flipped

Argentina energy + mining trade balance (USD bn), from deficit to projected surplus

Source INDEC; BCRA; Ministerio de Economía (January 2026). Primary Argentina source videos: https://youtu.be/JsSLSllJYMw?is=4x2tcBsbqAsFBbma; https://youtu.be/LUu2D6fy640?is=DHF5EipLtKftbMEe.

The most closed major economy in the world

Trade (exports + imports) as % of GDP — Argentina's ratio is anomalously low for a resource-rich economy

Source World Bank WDI; INDEC 2025; Daza remarks at Fitch On Argentina, June 2026. Primary Argentina source videos: https://youtu.be/JsSLSllJYMw?is=4x2tcBsbqAsFBbma; https://youtu.be/LUu2D6fy640?is=DHF5EipLtKftbMEe.

Multi-Strategy Hedge Funds Have Become Systemically Large

Estimated combined AUM of the five largest multi-strategy pod shops (Citadel, Millennium, Point72, DE Shaw, Balyasny), USD billions, 2015–2026E

Source HFR Industry Reports; FINRA AUM Data; Bloomberg Money Stuff, 9 June 2026

2026E reflects analyst consensus estimate as of June 2026. Figures represent estimated combined AUM for the five largest platforms pending full verification against fund disclosures.

Largest IPO Valuations: AI Is Leaving the Old Benchmark Behind

AI company valuations vs. major historical technology IPO benchmarks — USD billions at time of IPO or latest financing round

Source Company filings, Alphabet Investor Relations, Bloomberg/Fortune, TechCrunch, Investopedia, market data

Method Compares reported or proposed AI financing and valuation figures against major historical IPO valuation benchmarks. AI company figures are estimated; verify against final disclosed data before relying on specific values.

AI Lab Valuation vs. Revenue Run-Rate Multiples, 2025–2026

Estimated valuation-to-annualised-revenue-run-rate multiple — midpoint shown; analyst estimate ranges are wide due to limited revenue disclosure

Source Company disclosures; secondary-market valuation reports; public fundraising reports; AXIS Editorial analysis

Method Valuation divided by estimated annualised revenue run-rate. Midpoints shown: OpenAI ~60–120× (mid 80×), Anthropic ~180–400× (mid 250×), xAI ~90–180× (mid 130×), Mistral ~60–130× (mid 90×), Cohere ~45–100× (mid 70×). Treat as directional; verify against final disclosed company data.