A daily market update from FS Insight — what you need to know ahead of opening bell

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Over the Weekend

Drones hit Zaporizhzhia nuclear power plant in Russian-occupied Ukraine, raising risk of a “major nuclear incident” per the International Atomic Energy Agency (Semafor)

Turkey joins NATO allies in suspending Europe Arms Treaty that imposed armaments limits (BBG)

House Rules Committee to debate legislation Tuesday to reform and reauthorize FISA Section 702, allowing warrantless spying on foreign targets overseas, sans provision to block data brokers from selling Americans’ data to law enforcement (Semafor)

The Biden administration is announcing a $6.6 billion grant to TSMC this morning for three chip facilities in Arizona (Semafor)

Jersey Mike’s in talks with Blackstone for a deal worth $8 billion (WSJ)

Recent moves by Robinhood hint at ambitions in wealth management (WSJ)

Samsung doubles down on Texas as U.S. chip center, ramping up investment to $44 billion for hub near Austin making advanced semiconductors (WSJ)

GE Aerospace raises dividend by 250% as part of management’s plans to return ~75% of free cash fl...

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