The energy trade remains a key concern heading into a new trading week. Tom White explains why crude oil prices climbed even after President Trump announced an energy ceasefire between Russia and Ukraine. In equities, Phillips Securities downgraded Microsoft (MSFT), Palantir (PLTR), and Palo Alto Networks (PANW) after all three stocks experienced sharp rallies over recent weeks. Microsoft's CEO also called for a slowdown in AI development. Meanwhile, BofA issued a double upgrade on Salesforce (CRM) to buy from underperform.