Quick Hits

• Long bonds are back at 2007 levels. The U.S. 30-year Treasury yield hit its highest since 2007 amid a global bond sell-off, with MarketWatch citing inflation concerns and heavy debt supply — an uncomfortable backdrop while investors wait for the Fed's next signal.
• Nvidia is financing the AI buildout. Nvidia (NVDA) said Monday it will back as much as $105 billion in financing for OpenAI's Ohio data-center campus, plus invest $1.5 billion in SB Energy. It lands days after Broadcom (AVGO) slid on reports its AI financing could hit $370 billion — and as a WSJ tally circulating on r/stocks argues Big Tech's off-balance-sheet commitments make AI spending look $3 trillion larger than reported.
• Meta's "Big Tobacco moment"? Meta (META) meets 29 states in an Oakland federal courtroom today over allegations it built Facebook and Instagram to addict children — a case the Motley Fool frames as potentially Big Tech's Big Tobacco moment.
• The consumer goes under the microscope. Retail earnings arrive this week and will reveal consumer health with spending under pressure (Seeking Alpha) — the first real test of a market where the Magnificent Seven lag the S&P 500 year-to-date while small caps, international, value, and dividend names lead.
• AI doubt vs. chip strength: Microsoft (MSFT) fell after Morgan Stanley sounded an alarm on