Markets are like the weather, able to change at the drop of a hat. Bond yields are retreating, oil is back below $100 a barrel, and stocks are back on the rise.

None more so than dot-com era darling Akamai after it struck a $12 billion deal with Anthropic for its cloud infrastructure services for seven years. It’s a game-changing AI deal for Akamai, similar to Generac’s recent Amazon tie-up in terms of impact—and it’s unlikely to be the last.

Rapid turnarounds in fortune aren’t always good, particularly when the hunter quickly becomes the hunted. Barry Diller’s People Inc only withdrew its bid for MGM on Wednesday and now the casino company is discussing buying the billionaire’s company. Talk about turning the tables.

It’s too early to say the bond market has turned the corner, though, after this week’s brutal selloff. With yields at high levels and seemingly at the whim of oil prices, things can change back just as quickly.

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