Meta's up nearly 6% in a single session — that's the story going into Monday.

Meta's up nearly 6% in a single session — that's the story going into Monday.

Futures are mild. SPY plus 0.43, QQQ plus 0.31, DIA plus 0.30. Small caps lagging — IWM down 0.42. VIX at 15.03. Gold slipping 0.41%. Asian markets unavailable. No economic data on the calendar. Clean tape.

Now the stocks.

Meta up 5.97%, price 669.21. That's a momentum print, not a drift. Whatever catalyzed this after Friday's close, traders are going to gap-test it hard Monday morning.

Nvidia up 4.03%, 210.96. AI infrastructure demand isn't cooling. Chips lead, the rest follows.

AMD up 2.04%, 557.89. Riding Nvidia's tailwind. Typical.

Netflix down 2.78%, 73.37. Sentiment shift or content concern — either way, that's the steepest drop on this board.

Oracle down 2.48%, 140.64. Cloud rotation or profit-taking — the number is what it is.

Intel down 2.40%, 109.84. Structural pressure, persistent. Nothing new, still ugly.

Eli Lilly down 2.33%, 1188.58. At that price, a 2-point drop is real dollars leaving the table.

UnitedHealth down 1.64%, 424.62. Healthcare quietly bleeding while tech runs. Watch the divergence.

Walmart up 1.51%, 113.90. Consumer staples catching a bid — when defensive names move with the risk-on names, that's not rotation, that's a broad lift.

Exxon up 1.03%, 138.88. Energy tacking on quietly while the AI story grabs all the headlines.

Bank of America up 0.71%, 59.67. Financials green but not leading. Fine.

Amazon down 0.69%, 245.34. Modest red while its cloud and ad peers are flying — that gap is worth watching.

The sector read: semis and AI are dragging everything higher at the open while healthcare and legacy tech absorb the selling.

Earnings today: AMFC, ANVI, ASRE, AXXA, BSFC. After the close, BTCY reports — consensus EPS estimate is negative 0.0816. None of these move the broader tape, but know your exposure.

That's the setup. Monday open is tech-led, small caps are soft, and the macro calendar is empty — which means price action owns the session.

Numbers don't lie. People do. Trade accordingly.