What an index, a sector or an asset class did, and why. The default for session coverage.
Fresh Iranian demands cast doubt on a near-term reopening of the Strait of Hormuz, lifting crude prices while U.S. equity futures held steady ahead of key inflation data. Tehran also replaced the head of its Supreme National Security Council mid-negotiation.
USDC and USDT together represent 84% of spending on crypto-linked payment cards, with euro-denominated tokens losing share.
Three consumer-facing internet and fintech names diverged sharply over the past month, with Shopify and MercadoLibre gaining and Upstart falling 23%.
Alphabet reported 82% year-over-year revenue growth at Google Cloud, with a large contracted backlog cited as justification for the company's elevated capital spending.
Berkshire Hathaway's operating earnings rose $1.8 billion in the latest quarter, but roughly $1.2 billion of the gain came from a foreign-currency swing rather than underlying business performance.
President Trump said data center investment could become a larger economic force than oil and called on state governments to lower taxes and speed permitting to attract AI infrastructure.
Micron stock declined amid broader investor anxiety about the durability of artificial intelligence capital spending.
Core Scientific investors voted down a $9 billion acquisition; a subsequent agreement involving AMD has reopened debate over whether they were right.
The hedge fund, which has faced scrutiny in recent months, has committed $400 million to semiconductor startup Source Foundry.
Senate Majority Leader John Thune took a procedural step Saturday to move a major cryptocurrency regulation bill toward a vote.
Analysts are looking for roughly $232 million in quarterly revenue and about 60% growth from Rocket Lab, which would mark a fifth consecutive quarterly revenue record. The stock rose 9% on Friday ahead of the report.
A cluster of Form 4 filings shows Darden's CEO and several brand presidents exercising options and selling shares, with prices reported in the $208–$210 range as the stock trades near 52-week highs.
Atlassian stock rose more than 30% after the company guided next year's revenue growth down to 18%, with investors focusing on margin improvement rather than the slower top line.
Berkshire Hathaway bought $23.5 billion of equities in the latest quarter, breaking a 14-quarter stretch as a net seller. Roughly $10 billion of that went into a single company at what was described as a privately negotiated price.
Procter & Gamble announced a $3.8 billion deal in the wellness category, disclosed alongside an outlook that points to higher costs.
Upcoming U.S. inflation figures and earnings from Cisco, Super Micro Computer, Rocket Lab and Tapestry are among the events on investors' calendars this week.
The crypto industry criticized the Senate's decision not to hold a procedural vote on the Clarity Act in the current session, though some in the sector argue the delay is preferable to a weaker bill.
Atlassian shares rose more than 30% after the company guided next fiscal year's revenue growth down to 18%, with investors focusing on improving margins rather than the slower top line.
Sandisk shares fell after the company's forecast disappointed investors, even as the stock remains a large gainer over the past year. Commentary on Micron's 207% year-to-date run also flagged risk from slowing memory price gains.
AppLovin reported a 53% jump in revenue but its stock dropped roughly 20%, extending a decline that has cut the shares in half this year.