US stocks managed to eke out gains on Monday as bond yields eased off bigger gains and Wall Street largely shrugged off Moody's downgrade of the US credit rating. Meanwhile, investors digested developments in President Trump's tariff salvos.

Here are the top stories to read ahead of Monday's trading:

To turn $10,000 into $1 million, Palantir will need to increase in value 100-fold. Today, the company is worth about $300 billion. That means it needs to be worth $30 trillion in 2035. Keep in mind, the most valuable companies today are worth $3 trillion. So, $30 trillion is a big ask.

Measurement equipment distributor Transcat (NASDAQ:TRNS) announced in Q1 CY2025, with sales up 8.8% year on year to $77.13 million. Its non-GAAP profit of $0.64 per share was 3.8% above analysts’ consensus estimates.

Shares of eToro popped in their Nasdaq debut on Wednesday. The stock and crypto trading app raised almost $310 million in its IPO late Tuesday, selling shares above the expected range. IPOs looked poised for a rebound when President Donald Trump returned to office in January,

The stock price reaction was mostly because the market's expectations had risen quite high, and shares of Palantir ended up falling after the news. Basically, the reason it isn't taking off is because of its inflated valuation and the sky-high expectations that come with it.

A quiet week of economic data is set to greet a rallying stock market, keeping investor focus on the latest updates in Trump's trade war.

Coinbase Global (NASDAQ:COIN) stock looks attractive - making it a good pick to buy at its current price of around $260