CLOSE
Copper
255.6
index
-0.02%

Copper gave up 2.23% into the close, a rare single-session drop for a metal that sits inside everything from grid buildouts to data center wiring. Miners and industrial names tend to track it closely, so the read-through starts at tomorrow's open.

State-specific muni strategies locked inside closed-end funds and mutual funds would move into a cheaper, tradable wrapper, and Balchunas says the whole thing hinges on the fee landing at institutional class or below.

Morgan Stanley with the rare ETF filing, this one for a slew of Eaton Vance state muni ETFs which are curr in CEF or MF form only. These should do well imo esp if fee is at Inst class or lower. https://t.co/21rGVxkduD
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IPO TERMS REVISED
Bitari IncBIAI · Nasdaq
$7–$7 / share$30M raise4,285,715 shares

Bitari sets $7 fixed price for $30 million Nasdaq IPO

Bitari's first S-1 amendment locks the deal at a fixed $7 a share, with US Tiger Securities running the books. A single-point price means terms are set and a Nasdaq debut is the next step.

Source: SEC filing
EPMEvolution Petroleum
Q4 2026
EPS
-$0.02
est $0.01-$0.03
Revenue
$24M
est $23M+4.2%

Revenue rose 14.7% year over year and topped consensus, but the adjusted loss of two cents a share missed expectations on derivative losses and higher lease operating costs. Traders are looking past it: the dividend just hit its 52nd straight quarter at 12 cents, and a $16 million Permian minerals deal adds more than 1,000 undeveloped drilling locations for fiscal 2027.

Quarterly EPS — reported vs estimate
Biggest movers · At the close
  • TEMTempus AI$68.74+10.5%
  • BRKRBruker$55.97+6.3%
  • QCOMQualcomm$187.79+4.2%
  • SSentinelOne$23.47+3.8%
  • RBRKRubrik$103.47+3.3%
  • AXONAxon Enterprise$444.7-9.3%
  • CAVACava$49.8-9.3%
  • CLOVClover Health$4.64-9.1%
  • FUBOfuboTV$10.9-8.2%
  • OPENOpendoor Technologies$2.65-5.2%

Tempus AI closed the session up 10.5%, the only double-digit move among 111 tracked names. The downside was deeper and broader: Axon, Cava and Clover Health all gave up more than 9%.

CLOSING BELL
U.S. Markets
  • S&P 500-0.52%
  • Dow Jones Industrial Average-0.69%
  • Nasdaq Composite-0.84%

Tech took the worst of it, with the Nasdaq off 0.84% and no major index escaping green. With global banks now converging on a Fed hike call, rate-sensitive growth names are the ones paying for it.

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A single Starship flight adding 26 Tbps puts SpaceX years ahead of rival satellite broadband fleets still fighting launch delays, and it lands two weeks before the FCC votes on opening more satellite spectrum.

Starlink V3 constellation starts being deployed this month. Ultimately, it will deliver more than 100 times the bandwidth of our current 11,000 satellite constellation. https://t.co/oB8LVm8bgp [Quoted @SawyerMerritt]: Starship's upcoming 14th test flight will deliver 26 Starlink V3 satellites to orbit for the first time. Each Starlink V3 satellite will add 1 Tbps of capacity to the constellation, for a total of 26 Tbps of capacity added on this mission alone. That’s ~10x the capacity compared https://t.co/3PhK6Hb58v https://t.co/JUMwWMYnBn
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