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The rise of Treasury yields, and inflation concerns are the main culprits behind the sluggish trading action in small caps, according to Gina Martin Adams. She says the cohort is bound for a bounce back as large caps lag. Key risk she sees turning against her bull thesis include surprises from the Fed in this week's interest rate decision, along with Mag 7 earnings like Microsoft (MSFT), Amazon (AMZN), and Alphabet (GOOGL). Gina says companies need to show stability through slower growth with goals for a reacceleration in 2027.

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Earnings dialed up the volume on Spotify (SPOT), though a downgrade from Phillip Securities added pressure on the stock into Monday's trading session. Patrick Ciummo of Charles Schwab takes investors through Spotify's big earnings move and how trading action above a key level will solidify the bullish jump. However, a move below may signal a return to prior levels.

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"AI's driving our economy, but it's also going to drive a lot of nightmares" for investors, says Ben Fulton. He weighs the lingering risks massive AI spending has on the economy and why utility companies will see lasting upside potential. When it comes to the neocloud trade and negative comments on those companies from Elon Musk, Ben believes there's still room for recovery but urges a side of caution. Lasting inflationary woes in crude oil add pressure for the Fed as it readies its interest rate meeting this week.

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Crude oil is moving the downside, though comments from Elon Musk on neoclouds pressures are keeping negative tech sentiment alive to start a crucial trading week. Kevin Green explains why the comments continue to hit CoreWeave (CRWV) and Nebius (NBIS) as Nasdaq-100 (NDX) futures attempt to pull ahead into the opening bell. Speaking of Elon, Tesla (TSLA) shares accelerated after Barclays upgraded the Mag 7 stock. KG also highlights earnings from Verizon (VZ) and potential fireworks from Anthropic.

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Agustín Escobar te lleva a través de los titulares del mercado de esta semana.

Tom Staudt, president of ARK Invest (@ARKInvest2015), discusses how the decline of AI inference costs opens the door to a stronger productivity, which in turn leads to a stronger economy. A tentative merger between Tesla (TSLA) and SpaceX (SPCX) is something he believes adds to that thesis. Tom points out that Elon Musk has a track record of combining companies and offers synergies in AI endeavors. However, he warns a merger poses risks in missing stronger robotaxi growth. All that said, ARK still has a $4,400 price target in Tesla for 2031.

Another volatile week for the stock market comes to a close, and that volatility extends to global markets with SK Hynix (SKHY) scrapping its Solidigm IPO, for now. Crude oil's climb back over $100 has international investors nervous of destruction demand in the energy trade. Sam Vadas and Marley Kayden take investors through their final takeaways of Friday.

Meta Platforms (META) earnings, paired with CoreWeave (CRWV) and its mounting debt, are two key factors Marta Norton attributes to "squeamishness" in the AI trade. An ever-changing landscape for tech also makes it hard to pick winners. While AI remains the key driver behind U.S. economic growth, Marta urges investors to consider "what economic environment we are going to be in" should elevated interest rates and Treasury yields continue to hinder company outlooks. With this in mind, she tells investors not to buy into AI bubble talk, but don't expect the boom to continue, either.

Steve Wyett says access to capital for AI-tied companies is where stress will notably hit their bottom lines, seen in the reaction to Meta Platforms (META) earnings. He adds that demand is increasing but the cost of compute is going down, a dichotomy he sees as bearish long-term. Lingering pressures on U.S. consumers brought by rising energy prices add to Steve's lists of concerns not just for the AI trade, but for sectors across the stock market.

The 7,600 level in the S&P 500 (SPX) is a critical level Brett Crowther of Charles Schwab is watching Friday and the coming sessions. A break below that support will open a trap door to steeper selling, according to Brett. In equities, he's eyeing a lasting upward trend in Apple (AAPL) ahead of earnings and bearish divergence in Coca-Cola (KO).