What changed
Russia kills two in Kyiv after the truce breaks; Iceland summons the U.S. ambassador over that Trump map; Trump threatens a U.S. sales ban on Bombardier—BBD drops as the U.S.-Canada trade war intensifies. Geopolitics is bleeding into equities.
Oil’s push toward $100 is the tape’s main problem—NYT flags the economic fallout, Wall Street drops as oil spikes, and bond yields stay jittery. This is a stagflationary mix, not a growth bid.
Tech/AI still has legs: Intel leads chips higher even as the broader market dips, AMD gets a double upgrade on OpenAI’s Astra, and Nvidia’s RTX 5070 variant gets a bigger GB203 die. AI hardware remains the crowded offset.
ABM beats Q3 earnings and revenue, while Evolution Petroleum’s Q4 is expected to decline—energy services ok, small-cap E&P not. Mixed micro signals under a macro oil cloud.
Strategy expands its STRC preferred buyback and holds off on bitcoin purchases; shares down. Crypto proxy is managing the balance sheet, not buying BTC—that’s a risk-ap