IMAX exploring a sale and SpaceX's anticipated IPO lead market activity, while companies like Deckers, Deere, and Ross Stores reporting rising sales yet Nvidia's strong earnings failing to completely impress investors highlight market dynamics, and **major M&A deals for companies like Circor and AvalonBay** also make headlines.
Walmart seeing signs of stressed consumers at the gas pump reflects rising mortgage rates and a frozen housing market, although UK consumer confidence surprisingly rises despite political turmoil, and retailers note shoppers' focus on deals amidst a potentially slowing US economy.
The **Trump administration's $2 billion investment in quantum firms and abrupt postponement of an AI oversight executive order highlight federal tech policy, alongside GOP senators clashing over a $1.8 billion 'anti-weaponisation' fund and criticism regarding the U.S. Postal Service as a failed business**.
The Iran war continues to strain global economies, driving concerns over oil demand destruction and influencing China's renminbi as a 'golden window' for global oil trade, while US CEOs sought relief on a Trump-led China trip and energy producers like Equinor adjusted strategies amid ongoing volatility.
The UK experiences a fall in business activity and concerns over declining net migration, with Morrisons blaming government policy for store closures, as London's mayor blocks a significant Palantir deal, and Germany plans to acquire a major stake in tank maker KNDS.
Stellantis announces plans for new affordable vehicles and Tesla rolls out self-driving tech in China, while Airbus faces A350 aircraft delays, and both Airbus and Air France are found guilty in a 2009 plane crash.
A dramatic weight-loss drug by Eli Lilly and the resurgence of Ebola in DR Congo highlight health news, while El Niño's impact on crops raises environmental concerns, and a climate standard setter pivots to an advisory role.