Major Averages Close Fractionally Higher, WTI Crude Near $96

The major averages closed fractionally higher, extending Monday's rebound, despite growing concern that the latest leg higher in crude could reintroduce inflation pressure and derail the recent stabilization in equities.WTI crude oil traded near $96 per barrel followingthat the United States "has been informed by most of our NATO 'Allies' that they don't want to get involved" with military operation against "the Terrorist Regime of Iran." Investors continue to monitor further developments in Iran, particularly after Iran's security chief Ali Larijani was killed in airstrikes overnight, according to Israeli Defense Minister Israel Katz.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:NvidiaCEO Jensen Huang said he sees demand for Blackwell and Ruben revenue ofDelta Air Linessaid itin high-single digitsMasterCardfor up to $1.8BQualcommand approved a new $20B stock repurchase authorizationAT&Tand Ciscoare collaborating onwith Nvidia AI infrastructure2. WALL STREET CALLS:Eli Lillyto Reduce from Hold at HSBCMorgan StanleyLemonadeto OverweightArgusDraftKingson prediction market competitionAlign Technologyto Overweight at BarclaysLi Autoto Neutral at Goldman Sachs3. AROUND THE WEB:Unileveris considering a potential separation of food assets, Bloomberg saysAlibabais planning to release an agentic AI service for companies, with an announcement for the product to be made as soon as this week, Bloomberg reportsActivist investor Jana Partners is calling for change at theme park operator Six Flags Entertainment, urging the company to explore a sale and immediately appoint a new head of its board of directors, according to a letter reviewed by ReutersBlue Owl Capitaltriggered the recent collapse of Century Capital Partners after discovering irregularities in its financial reporting and demanding repayment, FT reportsOpenAI on Friday signed a new contract with AmazonWeb Services to sell its AI to U.S. government employees for both classified and unclassified work, The Information says4. MOVERS:Drone autonomy software company Swarmersurged afterper share after its IPO was priced at $5Adecoagrogained after Morgan Stanleythe stock to Equal WeightOcugenadvanced after Canaccordcoverage of the stock with a Buy ratingMicrovastdeclined afterSoFifell after Muddy Waters announced it is5. EARNINGS/GUIDANCE:Tencent Music, with EPS and revenue higher year-over-yearGDS Holdingsand provided guidance for FY26Academy Sportsand provided guidance for FY26, with CEO Steve Lawrence commenting on "an inflection point for Academy as we continued to gain market share and moved back to topline growth"Corporacion America Airport, with EPS and revenue beating consensusCencorareaffirmedINDEXES:The Dow rose 46.85 , or 0.100%, to 46,993.26, the Nasdaq gained 105.35, or 0.47%, to 22,479.53, and the S&P 500 advanced 16.71, or 0.25%, to 6,716.09.