Iran Crisis Drives Oil Above 102 USD and Topples Wall Street – DAX Fails at 25,000 Mark – NVIDIA Reports Record Numbers – Trump Distributes 2 Billion USD to Quantum Pioneers – Applied Digital Secures 7.5 Billion USD Hyperscaler Deal – Nebius Closes 2.6 Billion USD Energy Pact with Bloom Energy – Ralph Lauren Shines with Asia Boom – Intuit Cuts 17% of Workforce – AMD Invests 10 Billion USD in Taiwan's AI Ecosystem – SpaceX Files Mega-IPO
Reading Time: 11 minutes
USA & MACRO-ENVIRONMENT Wall Street is under pressure as the geopolitical risk premium returns to the markets. The trigger is an open exchange of blows between Washington and Tehran, which sends oil prices (+2.50%) skyrocketing: US crude surpasses the 102 USD mark, while the S&P 500 (-0.33%) wipes out its entire weekly gain. In the background , concerns about an extended closure of the Strait of Hormuz create nervousness. Analysts point out that a prolonged energy crisis could reignite inflation and force the Federal Reserve to change...
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