Stocks rebound as oil prices sink, Anthropic releases Q3 financials: AlphaCheck

Good morning. Stocks rebounded on Monday following a brutal sell-off in Tech last week. Anthropic meanwhile released an amended S-1 filing that included third quarter financials.

The AI developer said its revenue for the third quarter was $16.96 billion, up from $1.38 billion during the same quarter last year.

Marvell Technology ( MRVL ) shares fell after the chip designer announced it will acquire optical component maker Lumentum ( LITE ) in a deal valued at $115 billion . The transaction would mark the largest merger between two publicly traded companies on record.

Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data .

Energy ( XLE ) stocks tumbled as oil prices slid.

Brent crude oil futures ( BZ=F ) tumbled 6% to hover near $106 per barrel, while WTI ( CL=F ) also fell to around $97 per barrel amid hopes of peace talks in the Iran-US conflict.

Here are some other notable stocks that Yahoo Finance readers are viewing this morning: EchoStar ( ECHO ), Palantir ( PLTR ), and Oracle ( ORCL ).