S&P 500 Dips 0.17% & NASDAQ Drops 0.04% Amid Anticipation of NVIDIA Results and Jobs Report
will dominate corporate news this week. Options traders expect a swing of about 6.5% in either direction for the stock, reflecting its outsized role in the rally of artificial‑intelligence shares.
Market jitters over lofty valuations have faded slightly since last week’s sell‑off, but investors remain sensitive to any sign that AI spending is moderating. Alphabet shares climbed more than 4% after a regulatory filing revealed that built a $4.9 billion stake, while NVIDIA slipped as Peter Thiel’s hedge fund sold its entire holding.
Ford Motor and Amazon announced that US shoppers will soon be able to buy certified pre‑owned Ford vehicles directly through Amazon’s website in selected cities, a move aimed at offering customers a digital alternative to dealership visits. About 160–180 dealers have expressed interest, and around 20 are launching the programme initially.
Big technology companies are increasingly tapping the bond market to finance AI expansion. Amazon filed for a $12 billion six‑part US dollar bond offering, its first since 2022, with proceeds earmarked for acquisitions, capital spending, and share repurchases.
KKR agreed to buy up to €65 billion of PayPal’s European ‘’ loans, renewing a partnership that includes a revolving loan commitment of €6 billion.
Johnson & Johnson continued its push into oncology by agreeing to acquire Halda Therapeutics for $3.05 billion in cash; Halda’s technology is designed to kill cancer cells while sparing healthy ones.
TotalEnergies expanded its electricity footprint by purchasing half of Czech company EPH’s flexible power generation platform for €5.1 billion, more than doubling its net gas‑fired capacity to over 14 GW. The joint venture aims to integrate renewables and gas to meet growing demand from data centres and other energy‑intensive sectors.
Meanwhile, Euronext lowered the acceptance threshold for its planned purchase of Hellenic Exchanges to 50% plus one share after failing to reach the original 66% target, signalling determination to secure the deal.
