Editorial companion

What stands out

Bloomberg's Avalon Pernell and host Nathan Hager focused the week's bulletin on a neat set of market movers: SpaceX joining the Nasdaq 100, and earnings previews for PepsiCo and Delta Air Lines. An index addition like SpaceX changes where passive dollars land, while upcoming earnings will test whether a travel recovery and defensive snacks still merit their current allocations. Delta's numbers show meaningful profit recovery, PepsiCo's show slow top-line growth and a slight profit drag, making this episode a compact map of potential rotation.