Stock Market

Dow surges 1,300 points —largest single-day gain since last April —on US-Iran ceasefire agreement. Rally reflects removal of geopolitical risk premium. Broad-based advance across technology, financial, and consumer sectors.

Nvidia's PE ratio has declined to its lowest level in seven years, with the stock losing over 11% this year and $80 billion wiped from market cap. Combined concerns over the Iran war and AI spending fatigue are weighing on shares despite the company's dominant market position.

Nvidia dominates AI accelerator market with 85-90% market share, controlling the infrastructure powering the AI revolution. A look at how its $4 trillion valuation reflects irreplaceable positioning in the AI stack.

Wall Street has closed its fifth consecutive losing week, the longest sustained decline since the Iran war began, as the Dow, S&P 500, and Nasdaq all hit year lows amid mounting inflation concerns.

Microsoft is on track for its worst quarter since 2008 as investor concerns about artificial intelligence disruption weigh heavily on the technology giant's stock, with AI startups like Anthropic and OpenAI threatening to replace Microsoft's software products.