Good evening, this is Markets Desk with your end-of-day briefing.
Software stocks are finding footing in an otherwise uncertain tape, with a handful of names bucking the broader trend of decelerating revenue growth. Analysts are flagging Oracle and DigitalOcean as standouts capable of sustaining momentum even as artificial intelligence reshapes the competitive landscape across the sector.
Shifting to retail, Shein has disclosed it is under active investigation by the Federal Trade Commission as the fast-fashion giant moves forward with its planned Hong Kong initial public offering. The nature of the probe remains undisclosed, but the timing is notable — regulatory scrutiny in the United States adds meaningful headline risk to what was already a complicated path to the public markets.
And on the AI front, OpenAI chief Sam Altman is pushing back on the idea that artificial intelligence will hollow out executive leadership anytime soon. Speaking publicly, Altman argued that society still wants a human face at the top of major institutions, and that broader demand for human judgment has been a key reason a sweeping AI-driven job displacement has not materialized at the pace many feared.
That's the tape. Markets Desk, signing off the floor.
