Here are five key things investors need to know to start the trading day:
1. Two more tariffs
2. Big banks on deck
J.P. Morgan at the New York Stock Exchange on Feb. 10, 2025.
NYSE
3. ‘Crypto Week’
Vcg | Visual China Group | Getty Images
Bitcoin surged to new highs overnight, topping $120,000 for the first time early Monday morning as investors continued to pile into bitcoin ETFs. The cryptocurrency was trading at $121,921 at 6:20 a.m. ET, according to Coin Metrics, after rising past $122,000 earlier in the day. Record inflows into bitcoin ETFs have helped the cryptocurrency rise to new highs. ETFs tied to the flagship cryptocurrency saw $1.18 billion in inflows on Thursday — their best day so far this year. The House of Representatives is also set to consider new legislation this week that aims to establish a clearer regulatory framework for the digital asset industry. One of the bills set to be deliberated during what’s been dubbed “Crypto Week” is the Genius Act, which would create federal guardrails for stablecoins pegged to the U.S. dollar.
4. Talent wars
Google CEO Sundar Pichai addresses the crowd during Google’s annual I/O developers conference in Mountain View, California on May 20, 2025.
Camille Cohen | AFP | Getty Images
Google announced on Friday that it will hire several senior employees from artificial intelligence startup Windsurf, including its CEO Varun Mohan. It’s the latest development in the AI talent war, as tech giants like Google, Meta and OpenAI race to advance their AI offerings. A person familiar with the deal said Google will pay $2.4 billion in the deal, which includes a nonexclusive license to some of Windsurf’s technology. The announcement comes nearly three months after CNBC reported that OpenAI was in talks to buy Windsurf for $3 billion.
5. It’s a bird, it’s a plane…
David Corenswet stars are Superman in Warner Bros.’ “Superman.”
Warner Bros. Discovery
No, it’s “Superman.” The Warner Bros Discovery film generated $122 million in domestic ticket sales in its opening weekend — the best haul for a solo-billed Superman movie ever. It also marks the first film from James Gunn and Peter Safran since the pair took over Warner Bros.’ DC Comics film and TV unit in 2022. “The road to success for DC has been a circuitous one over the years and now under the auspices of James Gunn and Peter Safran, the impressive opening weekend performance of ‘Superman’ allows DC Studios to hit the reset and chart a new course with this film providing the spark to ignite future success for the storied brand,” said Paul Dergarabedian, senior media analyst at Comscore. “Superman” brought in $95 million in international ticket sales, bringing its total opening to an estimated $217 million.
— CNBC’s Jesse Pound, Erin Doherty, Kevin Breuninger, Sophie Kinderlin, Dylan Butts, Jordan Novet and Sarah Whitten contributed to this report.