Finance

Investors are bracing for a high-stakes week as major technology leaders, including Alphabet, Microsoft, and Amazon, prepare to release their latest financial results. These reports are expected to clarify if the current tech rally is sustainable or if premium valuations are at risk following a volatile start to the year for the broader sector.

U.S. Treasury yields rose on Monday with the benchmark 10-year note pushing toward 4.34% as investors reacted to rising energy costs. The inability of negotiators to reach a ceasefire agreement in the Middle East has kept Brent crude prices above $108 a barrel, reinforcing concerns that persistent inflation will prevent the Federal Reserve from easing interest rates.

The Federal Reserve is scheduled to meet this Wednesday, marking what is expected to be Jerome Powell's final session as Chair. The market is closely watching for policy signals as Kevin Warsh prepares to take over in May, even as new economic data shows slowing GDP growth and sticky core inflation.

Bitcoin is currently trading near $78,000, facing a critical resistance zone at $80,000 as institutional demand from ETF inflows remains a primary market driver. While major assets like Bitcoin show stability, emerging signs of decoupling in smaller altcoins like Cardano suggest a more fragmented and indecisive dynamic across the digital asset space.

SpaceX is moving toward a landmark initial public offering that could raise up to $75 billion, potentially valuing the aerospace and satellite firm between $1.75 trillion and $2 trillion. This offering, which encompasses Starlink and xAI, is poised to be the largest-ever IPO and is drawing significant attention as private artificial intelligence firms also eye public listings later this year.