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Oil Plunges as Iran Truce Holds; Nvidia's $250B OpenAI Bet Fuels AI Rally

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Oil prices retreat sharply as U.S.
  • pauses Iran strikes, easing market tension.
  • Fed meets this week amid earnings from Apple, Amazon, Microsoft, Meta.
  • Nvidia in talks for $250B OpenAI backstop; China's CXMT IPO soars 500%.
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BRENT price history

107.80 +69.07% over the displayed period

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