It is not just oil rebounding 3% that can be discounted as a minor plot development, it is Iran making things difficult and risking the wrath of the Donald.
If somehow he believes that this is an egg on his face and that Iran simply will not obey, Mr. Trunp might just decide to press the proverbial button and "wipe out a civilisation" just to look like a big boy, then the jitters and gains now will look like specks of dust on the wind, so small and so inconsequential.
SOXL Crashes Over 11%: Is the Semiconductor Rally Finally Dead?
The 3x leveraged semiconductor ETF SOXL plunged 11.21% today after OpenAI missed internal revenue and user growth targets, directly dampening AI chip demand expectations and snapping SOXX's historic 17-session winning streak. SOXL recovered 3.19% after hours, partly supported by Seagate's stronger-than-expected results on the storage side. Analysts caution that leveraged decay in high-volatility environments remains a critical risk — with OpenAI demand uncertainty unresolved, how do you see this semiconductor rally playing out?
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