Market Recap | AI Pivot Gains Momentum as Geopolitical Tensions and BoJ Risks Loom

The S&P 500 and Nasdaq Composite saw slight gains. Qualcomm rose on potential OpenAI collaboration, while Texas Instruments and Broadcom declined. Nokia climbed on analyst upgrades and AI partnerships. Critical Metals surged on an acquisition agreement. Joby Aviation advanced following eVTOL flight coverage. Organon jumped on news of an all-cash acquisition. Bitcoin, Ethereum, and Solana experienced declines. Geopolitical tensions involving Iran and the U.S. are ongoing. The Bank of Japan is expected to hold rates, with significant carry trade positions posing a risk. Microsoft transitioned its OpenAI partnership to non-exclusive, ending revenue sharing. Meta secured a 1 GW space-based solar power agreement for its AI data centers.▶️ Download our app here:📌 Play Store: ⁠https://play.google.com/store/apps/details?id=com.tradingkey.mobile&hl=en⁠📌 App Store: ⁠https://apps.apple.com/us/app/tradingkey-stock-analysis/id6744304666📢 DISCLAIMERTradingKey provides general information on certain investment products. This information is not intended to constitute financial advice or a recommendation for any specific investment product.