Markets are seeking stability as China extends its tariff truce and oil prices ease. Meanwhile, Nvidia is investigating potential foreign intelligence activity, Anthropic is investing $3.4 billion in AI power infrastructure, and Japan's Mitsui Chemicals is pursuing a massive semiconductor acquisition.
Gold Demand Builds (Sponsored)
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Futures at a Glance📈
U.S. stock futures are floating higher Monday, with Wall Street looking to stabilize after last week's AI-driven selloff. It’s all about weighing lingering tech valuation concerns ahead of key inflation data later this week.

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What to Watch
Earnings (Premarket):
· KKR & Co. Inc. [KKR]
· Constellation Energy Corporation [CEG]
· Barrick Mining Corporation [B]
· Ferguson Enterprises Inc. [FERG]
· ORIX Corporation [IX]
Earnings (Aftermarket):
· Occidental Petroleum Corporation [OXY]
· Skydance Corporation [SKYD]
· Take-Two Interactive Software, Inc. [TTWO]
· Rocket Lab Corporation [RKLB]
· Credicorp Ltd. [BAP]
Economic Events:
· 10:00 AM ET: September Wholesale Trade
· 10:00 AM ET: Chicago Fed President Austan Goolsbee Speaks
· 12:15 PM ET: Richmond Fed President Thomas Barkin Speaks
Market Pulse
China extended its suspension of an additional 24% tariff on U.S. imports for two months, while maintaining a separate 10% levy and pausing special port fees on American-linked ships.
Oil prices fell as President Trump signaled restraint toward Iran, with fresh U.S. strikes appearing less likely while peace negotiations continue, easing concerns about further supply disruptions.
AI & Infrastructure
Nvidia launched an independent investigation into allegations its CEO was targeted by foreign intelligence, with Jensen Huang facing fresh scrutiny over potential security risks involving a Chinese business executive.
Anthropic reportedly committed $3.4 billion to secure gas-fired generators for its AI data centers, taking control of major equipment orders as electricity shortages threaten infrastructure expansion.
Healthcare & Biotech
Argenx agreed to acquire Unnatural Products for up to $1.15 billion, expanding its drug discovery capabilities through peptide technology designed to develop oral and longer-lasting immunology treatments.
Innovent's cholesterol drug Sintbilo reduced LDL levels by more than 60% in a Phase 3 trial, with the company preparing to seek expanded approval in China.
The Hidden Bill (Sponsored)
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Mergers & Acquisitions
Mitsui Chemicals agreed to acquire semiconductor materials specialist JSR for $11.6 billion, strengthening Japan's chip supply chain in one of the country's largest chemicals industry acquisitions.
Strathcona Resources agreed to acquire Greenfire Resources in a deal worth up to $2.1 billion, combining two Canadian oil sands producers and expanding its Alberta production footprint.
Banking & Regulation
UniCredit moved closer to taking control of Germany's Commerzbank, with remaining regulatory approvals expected this month as the Italian lender prepares a major restructuring of its German rival.
The European Union reportedly sued IBM, Atos, and Leonardo over delays to its digital border system, with the legal dispute targeting missed deadlines on a major government technology contract.
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Movers and Shakers

Vir Biotechnology (VIR) +16%
Vir Biotechnology shares surged after its hepatitis treatment passed Phase 3 trials. The experimental combination achieved undetectable virus levels in 79% of patients after 48 weeks, a major breakthrough for a disease with limited treatment options. Vir plans to seek FDA approval in mid-2027.
Icahn Enterprises (IEP) +5%
Carl Icahn is making another big bet on American energy. Shares climbed as investors revisited a $4.2 billion refinery acquisition by subsidiary CVR Energy. The deal adds two Marathon Petroleum facilities, significantly expanding refining capacity as global fuel supply disruptions keep margins elevated.
BitMine Immersion Technologies (BMNR) -5%
BitMine shares slipped as cryptocurrencies hit two-month lows. Ethereum dropped roughly 5% amid concerns over tighter U.S. regulation following the midterm elections and a massive Binance security breach. With BitMine holding billions in Ethereum, the selloff directly threatens the value of its crypto treasury.
Beyond Today’s Data Centers (Sponsored)
Marc Chaikin believes the next major AI opportunity could come from a new generation of computing infrastructure designed to accelerate scientific discovery.
Washington is already committing billions to AI-for-science, advanced computing, and autonomous research systems.
Chaikin says one company could sit directly behind that shift, and his system recently turned bullish on the stock.
Reveal the AI Company Chaikin Believes Could Lead the Next Computing Wave
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Everything Else
🎯 After a rocky first quarter, our analysts say the market’s next leaders may already be in motion, and these seven stocks could be the ones to watch.
🚀 Firefly Aerospace secured a $1.3 billion rocket agreement with AST SpaceMobile, supplying engines and technology for a new satellite launch system.
🏭 Codan agreed to acquire Eventide Communications for approximately A$244 million, expanding its emergency communications and AI analytics business.
🏢 CTP announced a $500 million Vietnam acquisition, expanding its logistics property portfolio as manufacturers diversify supply chains beyond China.
🛡️ Electro Optic Systems secured a $16 million defense contract to supply counter-drone technology to a Middle Eastern military customer.
🏗️ Ventia unveiled a major restructuring plan, targeting A$60 million in annual savings as weaker telecommunications and energy projects pressured revenue.
That’s all for today. Thank you for reading. If you have any feedback, please reply to this email.
Best Regards,
— Adam Garcia
Elite Trade Club
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