📈 Stocks / Finance

CoreWeave jumps 12% after $14B Meta AI cloud deal

CNBC

CoreWeave stock rose 12% after announcing a $14.2B AI infrastructure deal with Meta. The deal follows a $6.5B OpenAI expansion, positioning CoreWeave as a key AI compute provider amid rising demand for GPU-powered data centers. Meta may expand the agreement through 2032.

Snap sinks after downgrade on weak ad outlook

Yahoo Finance

Snap shares fell 6.6% after Mizuho initiated coverage with a Neutral rating and $9 target, citing weak advertiser feedback. The stock is down 30.2% YTD and 39% below its 52-week high. Volatility remains high, with 25+ 5% moves over the past year.

S&P 500 posts fifth straight monthly gain despite shutdown risk

AP News

U.S. stocks rose to cap a fifth winning month, with the S&P 500 up 0.4%. Investors shrugged off looming shutdown risks, citing past limited impact. Treasury yields held at 4.15% as mixed data on jobs and inflation kept rate cut expectations alive.

🪙 Crypto

SEC rulings to accelerate crypto and mutual fund ETF launches

CNBC

The SEC approved expedited rules for spot crypto ETFs and ETF share classes for mutual funds. Analysts expect over a dozen new crypto ETFs soon, including Solana and XRP, and up to 3,000 new ETFs across asset classes, reshaping fund access and market structure.

🌎 Global Economy

WEF warns of weak outlook and rising global fragmentation

BAHA

The WEF says the 2025 global economy remains weak despite resilience. 82% of surveyed economists expect rising geoeconomic fragmentation, with U.S. trade policy and geopolitical tensions key risks. AI disruption adds further uncertainty, while China's outlook is stronger than Europe’s or the U.S.