$BTC — AI Money and Energy Mega-Deals Drive Divergence: Tech, Energy and Industrials Lead While Crypto, Utilities and Consumer Feel Pressure

$BTC — Big private-credit moves, a hot AI IPO market and a $58B oil merger pushed Technology, Energy and Industrials to the top of today’s tape, while regulatory headlines, operational headwinds and trade-down consumer behavior left Crypto, Utilities and Consumer stocks under pressure. Cross-cutting themes: capital redeployment into AI and capex, renewed energy M&A amid geopolitical risk, and persistent regulatory overhangs.