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US stocks rallied as AI driven earnings and hopes of a US Iran deal lifted sentiment.
The US and Iran are reportedly close to a deal involving a nuclear enrichment moratorium.
KEY POINTS
- Trump paused 'Project Freedom,' a US naval operation in the Strait of Hormuz, signaling potential de-escalation.
- AMD's earnings beat triggered a semiconductor rally, with AMD stock jumping over 15%.
- Samsung Electronics surpassed a $1 trillion market cap, driven by AI demand for high-bandwidth memory.
COMPANIES
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