GD General Dynamics won union approval yesterday at Bath Iron Works. Navy shipyard workers ended their weeklong walkout accepting a new contract. The $83B defense giant avoided prolonged production delays as Pentagon demand surged.
SpaceX IPO rumors sent space stocks vertical. LUNR Intuitive Machines jumped on speculation the Musk company could file soon. The $682M lunar lander maker grabbed speculative flows despite no confirmed SpaceX plans.
CRWD CrowdStrike plunged Friday after Anthropic published devastating AI security findings. The $111B cybersecurity leader absorbed heavy put positioning. PANW Palo Alto Networks and ZS Zscaler fell in tandem showing sector contagion. Traders positioned through June expiries expecting sustained volatility.
The report triggered systematic rotation out of legacy security names. AI automation fears dominated options floors with concentrated April-May activity ahead of earnings season.
Trump extended Iran peace talks Friday after Wall Street posted its worst session since war began. FT reported stocks and bonds slumped in tandem leaving investors nowhere to hide. Traditional 60-40 portfolios faced worst month since 2022.
Ships abandoned cargo to carry fuel as costs spiked $5B industrywide. Energy infrastructure strikes created pricing chaos with fertilizer shortages threatening global harvests from Minnesota to Punjab.
TGT Target absorbed teachers union boycott calls for back-to-school season. The $47B retailer faced fresh pressure as organized labor targeted major brands.
European markets finished lower Friday as G7 ministers met. Asia tumbled overnight on risk-off flows.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
