The U.S. markets displayed renewed strength as 75% of S&P 500 technology stocks surged above their 200-day moving averages for the first time in over 200 trading days, supported by a solid 3Y Treasury auction that eased bond market concerns ahead of the upcoming CPI report. Corporate activity reflects a deep pivot toward artificial intelligence infrastructure, highlighted by Riot Platforms’ $9 billion, 20-year compute deal with Anthropic and Jabil’s upward trajectory driven by data-center demand from tech giants, even as some sectors like utilities remain oversold and commodity sectors like Chilean copper output face projected declines. This appetite for AI integration faces resistance, with France’s press alliance challenging Google’s AI search summaries for diminishing their web traffic. Simultaneously, the global geopolitical landscape remains fraught: a court under Syria’s new government sentenced former President Bashar al-Assad to death in absentia, while Russian authorities have banned the country’s final active liberal political party. Europe continues to wrestle with the political and legal complexities of managing migrant flows, with the European People’s Party proposing migrant return hubs in Africa to address systemic challenges. Domestically, political friction is evident in high-profile controversies, including the public dispute over NYPD security for NYC Mayor Zohran Mamdani’s wife and a pending First Amendment lawsuit against the Houston Independent School District, underscoring a broader pattern of social and governance tension that persists despite economic resilience.