Editorial companion

What stands out

Oil trading back near $88 and the 10-year Treasury tapping January 2025 highs matters because it changes the math for risk assets, right when AI chip names are under pressure and Dell is about to report. The Schwab Network segment ties a U.S.-Iran flare up to rising energy and rate risk, while Amazon faces a fresh lawsuit that can sap sentiment. Rising yields and crude compress multiples and raise the bar for earnings, making hardware-sensitive names and legal-exposed platform stocks particularly vulnerable.