Monday 🧯: AI leaders called for slower development, and investors dumped the hardware trade. Cybersecurity stocks ripped higher as traders went hunting for companies selling the kill switch. Rumble found a $13.7B mystery customer, Corning launched a $2B stock sale, and Washington took a big swing at tungsten.

Tuesday 🛢️: Stocks fell as oil and Treasury yields climbed ahead of the Fed’s decision. The Senate rejected the crypto industry’s best shot at a federal rulebook. AWS confirmed that some customer data lost during the Iran conflict is not coming back.

Wednesday : The Fed raised rates for the first time since 2023, and stocks rolled over as Warsh signaled another hike could follow. J.B. Hunt crashed after fuel and labor costs ate into its profit outlook. Fluence cut guidance again, proving that a fat battery backlog means little if Houston cannot ship it.🐂

Thursday 🛢️: Cheaper oil and easing yields brought buyers back one day after the Fed hike. Ultragenyx won the first U.S. approval for Sanfilippo syndrome Type A. The SEC’s tokenized-stock exemption gave Coinbase a path around stalled crypto legislation.

Friday 🪑: Stocks split as chip equipment rallied and rising yields pressured most of the market. Warren Buffett handed Berkshire’s chair to his son Howard, closing another chapter of the succession plan. Gemini surged with crypto, and a Wells Fargo downgrade knocked Netflix lower.

Here are the closing prices: 

Need a concise summary of what's going on this week? Look no further. Here’s a rundown of this week’s earnings and economic data.

Above is a quick summary. Check out the full Stocktwits earnings calendar for the other names reporting this week.

In addition to the above, check out this week's complete list of economic releases.

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