The DOJ spent nearly two years vowing to break up Live Nation (LYV). Then President Trump made a phone call. After one ring to a senior official and two White House meetings, the antitrust efforts appear dead in the water, leaving the concert giant poised to keep Ticketmaster.

Makes sense. If there’s one thing UFC Freedom 250 taught us, it’s that the president loves some overpriced tickets.

— Brooks & The Street Sheet Team

📉 | Applied Optoelectronics (AAOI) slumped 13% after setting up a $600M at-the-market share sale program.

📉 | Hims & Hers Health (HIMS) was put on notice by Visa (V) over weight-loss subscription disputes.

📈 | Expedia Group (EXPE) drew a price target hike to $430 from Evercore (EVR) ISI.

📉 | Seagate Technology (STX) led a broad selloff in memory storage names.

📉 | Micron Technology (MU) opened the week in the red alongside the rest of the memory group.

Looking for more upside? Street Sheet Research members get 3 stock picks from the Top 30% of analysts with 30%+ implied upside each week. Subscribe today.

Needham analyst John Todaro thinks bitcoin's rebound has legs.

The flagship crypto soared roughly 22% last week, its biggest three-day gain since 2023. And it has continued its climb today, bringing adjacent names like Strategy (MSTR), Riot Platforms (RIOT), and Mara Holdings (MARA) higher with it.

Todaro argues that cooling AI stocks and commodities make crypto look comparatively exciting to retail again.

Much of the selling is already done, according to the analyst. Digital asset treasury firms and miners dumped about $4.2B of bitcoin in the first half of 2026, more than any comparable stretch.

Needham's own sentiment gauge sank to its lowest reading since 2022. But then Spot bitcoin ETFs still pulled in roughly $1.6B last week, suggesting this latest uptrend is not purely a short squeeze.

Some other experts see a similar setup. Jordi Visser of 22V Research pegged the move at seven times bitcoin's normal weekly swing, paired with that 200-day breakout. The combination has appeared twice in a decade, and both times bitcoin ran further in its wake.

However, BTIG's Jonathan Krinsky is less convinced, noting the 2023 run eventually rolled back to the 200-day. Anyone who has traded crypto knows price movement is bound to be whiplash-inducing. But for now, anyone looking at the chart can see the same thing: “Line goes up.”

🇨🇦 President Trump's 50% tariffs on Canadian goods took effect after trade talks collapsed, with Canada threatening retaliatory measures targeting the US steel industry soon.

🛢️ Treasury Secretary Scott Bessent unveiled "Operation Economic Outcast" to sanction Iran's enablers, signaling Chinese banks are not exempt.

💵 The US Treasury could tap its near $1T General Account to fund expanded government bond buybacks, officials said.

💰 Gold is up 15% this month, its best run since 2008.

🚕 Amazon's (AMZN) Zoox began charging for driverless rides in Las Vegas, the first robotaxi without a steering wheel.

Do you own any shares of Ternium (TX)?

▇▇▇▇▇▇ 🐂 Yup, I'm holding

▇▇▇▇▇▇ 🐻 Nope, not interested

▇▇▇▇▇▇ 👀 No, but I'm interested

And, in response, you said: