President Trump has reportedly signed an MOU with Iran, sending the stock market soaring. The Dow Jones Industrial Average is up over 700 points to a fresh-all time high while the S&P 500 and Nasdaq Composite are adding 1.7% and about 3%, respectively.
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The Nasdaq 100 extended its rally, climbing 3% on the day, with SpaceX (Nasdaq; SPCX) shares surging more than 10% to lead gainers following last week’s blockbuster market debut. Meanwhile, SanDisk (Nasdaq: SNDK) shares hit a fresh all-time high, propelling the company into the ranks of the world’s 52 largest public companies.
Google (Nasdaq: GOOGL) announced a $1.5 billion investment for 2026 and 2027 to expand its AI data center campus in Jackson County, Alabama. The tech giant said it will cover all of its own power needs and shoulder the infrastructure costs tied to its operations at the site.
Nvidia (Nasdaq: NVDA) is moving to raise $20 billion via a seven-part U.S. bond offering, a sizable capital raise that adds to the wave of major corporate financial activity dominating the start of the week.
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