Good morning, global markets.

Good morning, global markets. We open with a significant shift in the tech sector, where software stocks are experiencing a broad rally. Giants like ServiceNow and Salesforce saw shares surge as market analysts perceive a weakening threat from OpenAI. However, Oracle's stock notably missed out on this uptrend, remaining tethered to OpenAI's prospects through its critical cloud-infrastructure business. This divergence highlights the intricate dependencies within the evolving AI landscape and its immediate impact on tech valuations.