Karen Moscow

The U.K.

warning Vladimir Putin against damaging Britain's undersea cables and pipelines after a month-long operation to track three Russian submarines in nearby waters.

UK Defense Secretary John Healey says a frigate, planes and hundreds of personnel monitored a Russian attack sub and two spy submarines near undersea infrastructure north of the UK.

He said the Russian vessels eventually left after the operation that lasted more than a month.

There may be labor peace at FedEx.

Pilots have reached a tentative labor agreement with the company, marking a significant step toward resolving nearly five years of negotiations.

The Wall Street Journal reporting that Disney is planning to cut as many as 1,000 positions in the coming weeks.

Many will be in the company's marketing department.

OpenAI said it's pausing its Stargate artificial intelligence infrastructure project in the U.K.

This as it reins in ambitious spending plans ahead of a highly anticipated public listing.

CoreWeave has expanded its deal to supply artificial intelligence computing power to meta-platforms to $21 billion.

It's building on a previous $14.2 billion agreement the company struck in September.

Chevron warning that heightened commodity price volatility related to the ongoing Middle East conflict will impact its first quarter financial results.

And stocks, they're giving up some of yesterday's big gains.

Right now, S&P futures, they're down 0.4%.

Yesterday, all three major indexes gained at least 2.5%.

The Dow surged more than 1,300 points.

Dow futures are down 0.5% this morning.

Nasdaq futures down a third of a percent.

Ten-year treasury yield 4.28%.