:root {
    --research-bg: #080a09;
    --research-panel: #0f1310;
    --research-panel-soft: #121713;
    --research-ink: #f3f1e8;
    --research-muted: #a5aa9f;
    --research-line: rgba(230, 232, 218, 0.13);
    --research-line-strong: rgba(230, 232, 218, 0.23);
    --research-lime: #d7f171;
    --research-gold: #d8ad58;
    --research-cyan: #69d2d0;
    --research-container: 1200px;
}

* { box-sizing: border-box; }
html { scroll-behavior: smooth; }
body.research-page {
    margin: 0;
    background: var(--research-bg);
    color: var(--research-ink);
    font-family: Inter, ui-sans-serif, -apple-system, BlinkMacSystemFont, "Segoe UI", sans-serif;
    line-height: 1.65;
}

body.research-page a { color: inherit; }
.research-container { width: min(calc(100% - 40px), var(--research-container)); margin-inline: auto; }
.skip-link { position: fixed; z-index: 1000; top: 12px; left: 12px; transform: translateY(-160%); border-radius: 8px; padding: 0.7rem 1rem; background: var(--research-lime); color: #10130b; font-weight: 800; text-decoration: none; }
.skip-link:focus { transform: translateY(0); }

.research-hero {
    position: relative;
    overflow: hidden;
    border-bottom: 1px solid var(--research-line);
    padding: clamp(74px, 10vw, 132px) 0 clamp(58px, 8vw, 96px);
    background: radial-gradient(circle at 78% 24%, rgba(215, 241, 113, 0.11), transparent 24rem), radial-gradient(circle at 20% 90%, rgba(216, 173, 88, 0.07), transparent 26rem);
}
.research-hero::after { position: absolute; inset: auto -12% -55% 40%; height: 480px; border: 1px solid rgba(215, 241, 113, 0.07); border-radius: 50%; content: ""; pointer-events: none; }
.research-eyebrow, .rail-label { color: var(--research-gold); font-size: 0.69rem; font-weight: 850; letter-spacing: 0.14em; text-transform: uppercase; }
.research-hero h1, .article-hero h1, .article-next h2 { font-family: Georgia, "Times New Roman", serif; font-weight: 400; letter-spacing: -0.055em; }
.research-hero h1 { max-width: 880px; margin: 17px 0 0; font-size: clamp(3rem, 7.5vw, 6.6rem); line-height: 0.95; }
.research-hero-copy { max-width: 720px; margin: 28px 0 0; color: var(--research-muted); font-size: clamp(1rem, 1.5vw, 1.18rem); }
.research-hero-meta { display: flex; flex-wrap: wrap; gap: 10px; margin-top: 34px; }
.research-hero-meta span { border: 1px solid var(--research-line-strong); border-radius: 999px; padding: 0.45rem 0.72rem; color: #cdd1c7; font-size: 0.72rem; font-weight: 700; }

.research-library { padding: clamp(54px, 8vw, 94px) 0; }
.research-library-section + .research-library-section { margin-top: clamp(76px, 10vw, 132px); }
.library-heading { display: grid; align-items: end; gap: 24px; grid-template-columns: minmax(0, 1fr) minmax(260px, 0.52fr); margin-bottom: 34px; }
.library-heading h2 { margin: 8px 0 0; font-family: Georgia, "Times New Roman", serif; font-size: clamp(2.2rem, 4.4vw, 4rem); font-weight: 400; letter-spacing: -0.05em; line-height: 1; }
.library-heading p { margin: 0; color: var(--research-muted); }
.sector-heading { display: flex; align-items: baseline; justify-content: space-between; gap: 28px; margin: 8px 0 18px; border-top: 1px solid var(--research-line-strong); padding-top: 24px; }
.sector-heading p { max-width: 620px; margin: 0; color: var(--research-muted); font-size: 0.78rem; }
.sector-grid { display: grid; grid-template-columns: repeat(2, minmax(0, 1fr)); border: 1px solid var(--research-line-strong); }
.sector-card { display: grid; gap: 28px; padding: clamp(24px, 3.5vw, 38px); }
.sector-card + .sector-card { border-left: 1px solid var(--research-line-strong); }
.sector-card > div > span { color: #777f74; font-size: 0.66rem; font-weight: 800; letter-spacing: 0.1em; text-transform: uppercase; }
.sector-card h3 { margin: 7px 0 0; font-family: Georgia, "Times New Roman", serif; font-size: clamp(1.7rem, 3vw, 2.5rem); font-weight: 400; letter-spacing: -0.045em; line-height: 1; }
.sector-card p { max-width: 500px; margin: 12px 0 0; color: var(--research-muted); font-size: 0.8rem; }
.sector-links { display: grid; grid-template-columns: repeat(2, minmax(0, 1fr)); gap: 8px; }
.sector-links a { display: grid; gap: 1px; border: 1px solid var(--research-line); border-radius: 10px; padding: 10px 12px; text-decoration: none; }
.sector-links a:hover, .sector-links a:focus-visible { border-color: rgba(215, 241, 113, 0.45); background: rgba(215, 241, 113, 0.035); }
.sector-links strong { color: var(--research-lime); font-size: 0.75rem; letter-spacing: 0.05em; }
.sector-links span { overflow: hidden; color: #858b81; font-size: 0.64rem; text-overflow: ellipsis; white-space: nowrap; }
.all-companies-heading { display: flex; align-items: baseline; gap: 14px; margin: clamp(48px, 6vw, 76px) 0 18px; }
.all-companies-heading h3 { margin: 0; font-family: Georgia, "Times New Roman", serif; font-size: 2rem; font-weight: 400; letter-spacing: -0.04em; }
.research-grid { display: grid; grid-template-columns: repeat(2, minmax(0, 1fr)); border-top: 1px solid var(--research-line-strong); }
.research-card { display: grid; min-height: 420px; align-content: space-between; gap: 42px; border-bottom: 1px solid var(--research-line-strong); padding: clamp(28px, 4vw, 46px); text-decoration: none; transition: background 170ms ease, transform 170ms ease; }
.research-card:nth-child(odd) { border-right: 1px solid var(--research-line-strong); }
.research-card:hover, .research-card:focus-visible { background: rgba(215, 241, 113, 0.035); }
.card-topline { display: flex; align-items: center; justify-content: space-between; gap: 20px; }
.card-ticker { color: var(--research-lime); font-size: 1.05rem; font-weight: 900; letter-spacing: 0.08em; }
.card-category { color: #777f74; font-size: 0.68rem; font-weight: 750; letter-spacing: 0.08em; text-transform: uppercase; }
.research-card h3 { max-width: 610px; margin: 24px 0 0; font-family: Georgia, "Times New Roman", serif; font-size: clamp(1.7rem, 3vw, 2.6rem); font-weight: 400; letter-spacing: -0.045em; line-height: 1.05; }
.research-card .card-tagline { max-width: 590px; margin: 15px 0 0; color: #d5d8ce; font-family: Georgia, "Times New Roman", serif; font-size: clamp(1.02rem, 1.5vw, 1.2rem); line-height: 1.38; }
.research-card .card-deck { max-width: 610px; margin: 16px 0 0; color: var(--research-muted); font-size: 0.82rem; line-height: 1.65; }
.card-footer { display: flex; align-items: center; justify-content: space-between; gap: 16px; color: #858b81; font-size: 0.72rem; }
.card-footer strong { color: var(--research-ink); font-size: 0.76rem; }
.card-footer i { color: var(--research-lime); }
.library-disclosure { margin-top: 42px; border-left: 2px solid var(--research-gold); padding: 4px 0 4px 20px; color: #858b81; font-size: 0.78rem; }

.article-hero { border-bottom: 1px solid var(--research-line); padding: clamp(58px, 8vw, 102px) 0 clamp(48px, 7vw, 78px); background: radial-gradient(circle at 86% 15%, rgba(215, 241, 113, 0.1), transparent 26rem); }
.article-hero-inner { display: grid; grid-template-columns: minmax(0, 900px); }
.back-link { display: inline-flex; align-items: center; gap: 8px; color: var(--research-muted); font-size: 0.78rem; font-weight: 750; text-decoration: none; }
.back-link:hover { color: var(--research-ink); }
.ticker-row { display: flex; flex-wrap: wrap; align-items: center; gap: 12px; margin-top: 48px; color: #858b81; font-size: 0.7rem; font-weight: 780; letter-spacing: 0.08em; text-transform: uppercase; }
.ticker-row span + span::before { margin-right: 12px; color: #444c43; content: "/"; }
.ticker-row .ticker-mark { color: var(--research-lime); font-size: 0.9rem; }
.article-hero h1 { max-width: 940px; margin: 20px 0 0; font-size: clamp(2.75rem, 5.2vw, 5rem); line-height: 0.98; }
.article-tagline { max-width: 900px; margin: 20px 0 0; color: #d5d8ce; font-family: Georgia, "Times New Roman", serif; font-size: clamp(1.3rem, 2.4vw, 2rem); line-height: 1.28; }
.article-deck { max-width: 820px; margin: 20px 0 0; color: var(--research-muted); font-size: clamp(0.95rem, 1.4vw, 1.08rem); line-height: 1.7; }
.article-byline { display: flex; flex-wrap: wrap; gap: 9px 22px; margin-top: 32px; color: #7e857b; font-size: 0.73rem; }
.article-byline span + span::before { margin-right: 22px; color: #3f463e; content: "•"; }

.article-layout { display: grid; align-items: start; gap: clamp(34px, 6vw, 78px); grid-template-columns: 255px minmax(0, 760px); justify-content: center; padding-top: clamp(50px, 7vw, 88px); padding-bottom: clamp(70px, 9vw, 120px); }
.article-rail { position: sticky; top: 102px; display: grid; gap: 16px; max-height: calc(100vh - 124px); overflow: auto; }
.rail-card { border: 1px solid var(--research-line); border-radius: 15px; background: rgba(255, 255, 255, 0.015); padding: 18px; }
.rail-label { margin: 0 0 11px; }
.section-links, .coverage-links { display: grid; gap: 3px; margin: 0; padding: 0; list-style: none; }
.section-links a, .coverage-links a { display: block; border-radius: 8px; padding: 7px 8px; color: #8f968b; font-size: 0.69rem; font-weight: 650; line-height: 1.35; text-decoration: none; }
.section-links a:hover, .coverage-links a:hover, .coverage-links a[aria-current="page"] { background: rgba(215, 241, 113, 0.07); color: var(--research-ink); }
.coverage-links a { display: grid; grid-template-columns: 42px 1fr; }
.coverage-links span { color: var(--research-gold); font-weight: 850; }

.research-prose { min-width: 0; color: #d2d5cd; font-family: Georgia, "Times New Roman", serif; font-size: clamp(1.04rem, 1.35vw, 1.16rem); line-height: 1.88; }
.research-prose > p { margin: 0 0 1.45em; }
.research-prose h2 { margin: 3.15em 0 0.85em; scroll-margin-top: 105px; color: var(--research-ink); font-family: Inter, ui-sans-serif, sans-serif; font-size: clamp(1.55rem, 2.6vw, 2.2rem); letter-spacing: -0.035em; line-height: 1.13; }
.research-prose h3 { margin: 2.45em 0 0.75em; color: var(--research-lime); font-family: Inter, ui-sans-serif, sans-serif; font-size: 1.02rem; letter-spacing: -0.015em; line-height: 1.35; }
.research-prose strong { color: var(--research-ink); }
.research-prose em { color: #e2e1d9; }
.research-prose a { color: #d9e992; text-decoration-color: rgba(217, 233, 146, 0.35); text-underline-offset: 0.18em; }
.research-prose a:hover { text-decoration-color: currentColor; }
.research-prose ul, .research-prose ol { margin: 0 0 1.5em; padding-left: 1.4em; }
.research-prose li { margin-bottom: 0.55em; }
.research-prose blockquote { margin: 2.1em 0; border-left: 2px solid var(--research-lime); padding: 0.2em 0 0.2em 1.25em; color: var(--research-ink); font-size: 1.25em; line-height: 1.55; }
.research-prose hr { margin: 3em 0; border: 0; border-top: 1px solid var(--research-line-strong); }
.research-prose table { display: block; width: 100%; margin: 2em 0; overflow-x: auto; border-collapse: collapse; font-family: Inter, ui-sans-serif, sans-serif; font-size: 0.78rem; line-height: 1.5; }
.research-prose th, .research-prose td { min-width: 110px; border-bottom: 1px solid var(--research-line); padding: 11px 13px; text-align: left; vertical-align: top; }
.research-prose th { color: var(--research-lime); font-size: 0.7rem; letter-spacing: 0.05em; text-transform: uppercase; }
.research-relative-chart { margin: 2.2em 0; font-family: Inter, ui-sans-serif, sans-serif; font-size: 0.78rem; line-height: 1.35; }
.research-relative-chart figcaption { color: var(--research-lime); font-size: 0.7rem; font-weight: 800; letter-spacing: 0.05em; text-transform: uppercase; }
.research-relative-chart-legend { display: flex; flex-wrap: wrap; gap: 10px 22px; margin: 11px 0 26px; color: var(--research-muted); font-size: 0.72rem; }
.research-relative-chart-legend span { display: inline-flex; align-items: center; gap: 7px; }
.research-relative-chart-legend i { display: inline-block; width: 22px; height: 5px; border-radius: 999px; }
.research-relative-chart .is-vst { background: var(--research-lime); }
.research-relative-chart .is-spy { background: var(--research-cyan); }
.research-relative-chart .is-xlu { background: var(--research-gold); }
.research-relative-chart-axis { position: relative; height: 22px; margin-left: 74px; color: #777f74; font-size: 0.64rem; }
.research-relative-chart-axis span { position: absolute; left: var(--tick); transform: translateX(-50%); white-space: nowrap; }
.research-relative-chart-axis span:first-child { transform: none; }
.research-relative-chart-axis span:last-child { transform: translateX(-100%); }
.research-relative-chart-row { display: grid; align-items: center; grid-template-columns: 64px minmax(0, 1fr); gap: 10px; margin-top: 12px; }
.research-relative-chart-row > strong { color: var(--research-ink); font-size: 0.68rem; font-weight: 750; }
.research-relative-chart-track { position: relative; height: 64px; background-image: repeating-linear-gradient(to right, var(--research-line) 0 1px, transparent 1px 16.667%); }
.research-relative-chart-track::after { position: absolute; z-index: 0; top: 0; bottom: 0; left: 83.333%; width: 1px; background: var(--research-line-strong); content: ""; }
.research-relative-chart-bar { position: absolute; z-index: 1; top: var(--bar-y); left: var(--bar-start); width: max(var(--bar-width), 3px); height: 13px; border-radius: 3px; }
.research-relative-chart-bar b { position: absolute; top: 50%; color: var(--research-ink); font-size: 0.64rem; font-weight: 700; line-height: 1; white-space: nowrap; }
.research-relative-chart-bar.is-negative.label-outside b { left: -6px; transform: translate(-100%, -50%); }
.research-relative-chart-bar.is-positive.label-outside b { left: calc(100% + 6px); transform: translateY(-50%); }
.research-relative-chart-bar.label-inside b { left: 6px; transform: translateY(-50%); color: #080a09; }
.research-notice, .research-disclosure { border: 1px solid var(--research-line-strong); border-radius: 13px; background: rgba(215, 241, 113, 0.035); padding: 18px 20px; font-family: Inter, ui-sans-serif, sans-serif; }
.research-notice { display: grid; gap: 5px; margin-bottom: 44px; }
.research-notice strong, .research-disclosure strong { color: var(--research-lime); font-size: 0.78rem; }
.research-notice span, .research-disclosure p { margin: 0; color: var(--research-muted); font-size: 0.74rem; line-height: 1.65; }
.research-disclosure { margin-top: 58px; background: rgba(255, 255, 255, 0.015); }
.research-disclosure p { margin-top: 8px; }

.article-next { border-top: 1px solid var(--research-line); padding: clamp(58px, 8vw, 92px) 0; text-align: center; }
.article-next span { color: var(--research-gold); font-size: 0.7rem; font-weight: 850; letter-spacing: 0.14em; text-transform: uppercase; }
.article-next h2 { max-width: 760px; margin: 12px auto 28px; font-size: clamp(2.1rem, 4.5vw, 4rem); line-height: 1; }
.research-button { display: inline-flex; min-height: 48px; align-items: center; gap: 9px; border: 1px solid var(--research-lime); border-radius: 999px; padding: 0.72rem 1.2rem; background: var(--research-lime); color: #10130b !important; font-size: 0.8rem; font-weight: 850; text-decoration: none; }

.research-footer { border-top: 1px solid var(--research-line); padding: 30px 0; color: #777f74; font-size: 0.7rem; }
.research-footer-inner { display: grid; align-items: center; gap: 22px; grid-template-columns: 1fr auto auto; }
.research-footer-brand { display: flex; align-items: center; gap: 11px; }
.research-footer-brand img { border-radius: 50%; }
.research-footer-brand span, .research-footer-brand strong, .research-footer-brand small { display: block; }
.research-footer-brand strong { color: var(--research-ink); }
.research-footer-brand small { margin-top: 2px; }
.research-footer nav { display: flex; flex-wrap: wrap; gap: 16px; }
.research-footer a { text-decoration: none; }
.research-footer a:hover { color: var(--research-ink); }

@media (max-width: 1080px) {
    .article-layout { grid-template-columns: minmax(0, 780px); }
    .article-rail { position: static; display: none; }
}
@media (max-width: 760px) {
    .research-container { width: min(calc(100% - 30px), var(--research-container)); }
    .library-heading, .research-grid, .sector-grid { grid-template-columns: 1fr; }
    .sector-heading { display: grid; gap: 10px; }
    .sector-card + .sector-card { border-top: 1px solid var(--research-line-strong); border-left: 0; }
    .research-card { min-height: 330px; border-right: 0 !important; padding: 28px 6px; }
    .research-card:nth-child(odd) { border-right: 0; }
    .article-hero { padding-top: 45px; }
    .ticker-row { margin-top: 34px; }
    .article-byline { display: grid; gap: 4px; }
    .article-byline span + span::before { display: none; }
    .research-prose { font-size: 1rem; line-height: 1.78; }
    .research-prose h2 { margin-top: 2.6em; }
    .research-relative-chart-legend { gap: 8px 15px; }
    .research-relative-chart-axis { margin-left: 64px; }
    .research-relative-chart-row { grid-template-columns: 54px minmax(0, 1fr); }
    .research-relative-chart-bar b { font-size: 0.62rem; }
    .research-footer-inner { grid-template-columns: 1fr; }
}
@media (prefers-reduced-motion: reduce) {
    html { scroll-behavior: auto; }
    .research-card { transition: none; }
}