Live Nasdaq Composite: Markets Exhale Amid Mideast Negotiation Hopes
Quick Read
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Delta Air Lines (DAL), Super Micro (SMCI), and Mobileye (MBLY) lead movers: Delta climbs 4% on resilient revenue despite elevated oil prices; Super Micro tumbles over 30% after its co-founder was accused of smuggling Nvidia AI chips to China; Mobileye secured a major U.S. automaker driver monitoring contract for 2027 production spanning millions of vehicles.
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Potential White House-Iran negotiations prompted President Trump to pause Iranian strikes, sending stock futures higher, bond yields lower, and oil prices down 8% to $90/barrel, while elevated airport security deployments this week continue to shape market sentiment.
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Live Updates
Palantir Pops
The Department of Defense has selected Palantir (Nasdaq: PLTR) as its go-to AI solution, sending the stock higher by 4.5% today.
Fed Fears
Fed official Austan Goolsbee is losing more sleep over inflation than he is over unemployment, according to an interview with CNBC. He is concerned about uncertainty around how long the Mideast conflict will go on despite the U.S. making progress on Mideast talks.
The Nasdaq Composite is holding its gains, up 2.2% on the day.
Amazon and Agentic AI
Amazon’s (Nasdaq: AMZN | AMZN Price Prediction) AI story is unfolding as a positive catalyst. Barclays highlighted massive Amazon demand tied to OpenAI and Anthropic, lifting its long-term revenue estimates and pointing to accelerating growth into 2026. Near-term concerns like shipping costs remain, but the bigger narrative is AWS gaining share in “agentic AI,” which could finally unlock value in a stock that’s been relatively stagnant. Barclays analysts have an “overweight” rating with a $300 price target on Amazon stock.
Here’s a look at where things stand as of morning trading:
The markets remain headline driven, the most recent of which reveal progress on talks between the White House and Iran, sending stock futures higher this morning. But Iran has denied negotiation progress, injecting greater uncertainty into the situation. Meanwhile, President Trump has reported issued a multi-day pause on Iranian strikes, sending bond yields lower. In response, oil prices are easing, with WTI falling about 8% overnight to hover at about $90/barrel.
U.S. airports continue to capture the headlines. This week, the government is expected to deploy ICE agents to help out with airport security. Delta Air Lines (NYSE: DAL) is climbing 4% higher on a resilient revenue forecast despite elevated oil prices.
After last week’s chip scandal, Super Micro (Nasdaq; SMCI) is widening its losses, losing over 30% of its value since its co-founder was accused of sneaking Nvidia’s coveted AI chips into China.
Here’s how the markets are trading in pre-market:
Dow Jones Industrial Average: 46,886 Up 2.16%
Nasdaq Composite: 24,581 Up 2.0%
S&P 500: 6,691.75 Up 2.0%
Market Movers
Mark Zuckerberg is reportedly developing a personal AI agent to assist with his job as CEO of Meta Platforms (Nasdaq: META).
According to The Wall Street Journal, Elliott Management has taken a sizable position in Synopsys (Nasdaq: SNPS), which makes software used to design and testing semiconductors. Synopsys stock is down 10.5% year-to-date.
Mobileye (Nasdaq: MBLY) has secured a driver monitoring system contract with a major U.S. automaker, with production slated to begin in 2027. The program is expected to span millions of vehicles across multiple models, integrating Mobileye’s technology with its EyeQ6L chip.
Bitcoin bull Michael Saylor is buying the dip again. Strategy (Nasdaq; MSTR) scooped up $76.6 million worth of bitcoin over the past week at an average price of $74,326, per filings. The Bitcoin price is now hovering at about $70K.
Gerelyn Terzo is the author of dividend investing handbook "Dividend Investing Strategies: How to Have Your Cake & Eat It Too." A veteran financial journalist, she covers agri-finance for outlets like Global AgInvesting and the broader stock market and personal finance for 24/7 Wall Street. She began at CNBC and later helped launch Fox Business in New York. Gerelyn currently resides in Woodland Park, Colorado and dabbles in nature photography as a hobby.
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