Tensions in Ukraine rose several notches too after the Russian bombardment of the country's energy infrastructure this weekend was followed by U.S. President Joe Biden's decision to allow Ukraine to use its weapons to strike into Russia. Get a look at the day ahead in U.S. and global markets with the Morning Bid U.S. newsletter. Sign up here.

SpaceX, under the leadership of Elon Musk, is reportedly preparing to initiate a tender offer next month. What Happened: SpaceX's tender offer will allow the sale of existing shares at $135 each, valuing the company at over $250 billion, as reported ...

Expectations are high going into Nvidia's fiscal 2025 third-quarter report next week, and some investors are wondering whether the stock can possibly live up to its lofty expectations. One Wall Street analyst called Nvidia stock a "must own" and believes selling now would be a huge mistake.

Nvidia's guidance could make or break the AI trade for the rest of '24. Health check on the housing market. First U.S. mpox case.

Redburn Atlantic analyst Timm Schulze-Melander initiated coverage of the stock this week with a "buy" rating. The analyst set the price target at $178, implying upside of 21% over the current share price of $147 at the time of writing.

Artificial intelligence (AI) is proving to be a transformative force across industries, from cloud computing to retail, advertising, and factory automation, and we’re still only at the dawn of this tech revolution.