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AI Surge Outpaces Middle East Woes
Description
U.S. stock futures soar to record highs as AI stocks lead the charge, overshadowing Middle East tensions—despite Iran’s demand for $24 billion in frozen funds and volatile oil prices. Tech giants like Marvell, Micron, Intel, and Qualcomm surge on optimism, while earnings beats fuel the rally. President Trump and Secretary Rubio hint at a potential deal within days. Consumer confidence data looms, and gas prices may rise, but AI hype and Fed rate stability keep investors bullish.
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