Good morning, you're listening to Markets Desk.
Wall Street is positioning for a rebound this Monday, with futures pointing higher after recent volatility. Traders are watching whether momentum can hold through the session, as macro headwinds remain present and investors look for fresh catalysts to sustain any meaningful recovery in equities.
Feeding that appetite for catalysts, Amazon has struck a multibillion-dollar deal with Corning to supply infrastructure for its artificial intelligence data centers across the United States. Corning is quickly becoming one of the most consequential picks-and-shovels plays in the AI buildout, and this agreement underscores just how aggressively the hyperscalers are locking in supply chain partnerships ahead of surging demand.
Meanwhile, inside Citigroup, a notable leadership move is drawing attention on the Street. Jenn Landis, who spent five years restoring investor confidence in Citi as head of investor and rating agency relations, has been named chief financial officer of the bank's Markets division, a business that generated roughly twenty-two billion dollars in revenue in twenty twenty-five and represents just over forty percent of Citi's overall revenue footprint. It's a significant vote of confidence in an executive who helped steady the firm's credibility during a demanding period of transformation.
That's the tape. Markets Desk, signing off the floor.
