How Iran tensions sparked oil gains and fueled KOSPI's 4.1% surge — Market Wrap May 11

Today's AI insights from 7horns.ai reveal a mixed but bullish start to the week with the South Korean KOSPI leading gains, surging 4.1% to a record intraday high, driven by strength in semiconductors. Renewed geopolitical tensions following President Trump's rejection of Iran's peace proposal sent crude oil futures up 2.47%, trading near $97.78, stoking fears of prolonged energy supply disruptions. In the US pre-market, Micron continued its strong momentum with a 2.68% rise after a remarkable 15.49% rally on Friday, highlighting ongoing enthusiasm in the semiconductor sector. Meanwhile, Cloudflare struggled to recover from a steep 23.75% drop post-earnings, inching up less than 1% amid concerns over workforce cuts and margin misses. Major tech names like Tesla, Apple, and Nvidia showed slight pullbacks pre-market, signaling cautious investor sentiment ahead. These AI-driven market dynamics suggest a watchful session as investors weigh geopolitical risks against tech sector resilience. AI insights powered by 7horns.ai — the world's first true AI research financial assistant. Our CNN machine learning model delivers daily stock market analysis with over 60% accuracy, beating the S&P 500 by 300% from 2021–2025. No human emotions, just pure AI-driven financial research. Visit 7horns.ai for your free daily AI insights.