AMD shares surged on a new partnership with OpenAI, highlighting how the still-private AI company continues to move public markets. Similar deals have recently boosted Nvidia and Oracle, demonstrating AI's lasting market impact rather than being a passing trend.

Fifth Third Bancorp announced an all-stock acquisition of Comerica, creating the 11th largest U.S. bank by assets. The merger represents ongoing consolidation in the regional banking sector as institutions position themselves for potential interest rate cuts.

Tesla teased a new product launch coming within 24 hours, with speculation focusing on a lower-cost vehicle model. The stock rebounded after falling last week following monthly sales data, with options volatility spiking ahead of the announcement.