Good evening, this is Markets Desk with your end-of-day briefing.
The United States has crossed a significant threshold in modern naval warfare, deploying a sea drone in a combat strike against an Iranian port — a first for any NATO-aligned military. Central Command confirmed the operation, and top commanders are already signaling that autonomous maritime systems will become a cornerstone of alliance warfighting doctrine. The message from leadership is unambiguous: broader integration is not a question of if, but when.
Turning to equities, the agentic AI trade remains under pressure as investors weigh competing claims between enterprise software giants Salesforce and ServiceNow. Both stocks have sold off sharply amid broader anxiety about AI monetization timelines and margin sustainability. The debate centers on which platform has the more durable path to recurring revenue as corporations begin deploying autonomous AI agents at scale across their workflows.
On the nuclear energy front, NuScale Power continues to draw speculative attention following a significant drawdown in its share price. Small modular reactor technology remains a long-horizon bet, and NuScale sits at the center of that thesis. The bull case rests on federal support for domestic nuclear capacity and growing power demand from data centers, though execution risk and regulatory timelines remain the central overhang for patient investors.
That's the tape. Markets Desk, signing off the floor.
