What Happened
Nvidia Shares Jump After US-Iran Peace Deal Announcement
Nvidia Corp.’s stock jumped 3.5% on Monday, marking its best session in more than two weeks and lifting the AI chip giant’s market capitalization back above the $5 trillion mark. The gain came after the US and Iran announced a peace deal, triggering gains in global markets. Nvidia also announced a $25 billion bond offering, with plans to use the proceeds for general corporate purposes. According to Yahoo Finance, retail traders remain bearish on NVDA, with sentiment dropping to ’extremely bearish’ on Stocktwits.