Live Updates
Analysts at Goldman Sachs still believe Nvidia (NASDAQ: NVDA | NVDA Price Prediction) could push higher.
In fact, as quoted by CNBC, the firm noted, “We believe Nvidia’s improved capital allocation should drive increased investor confidence around the company’s commitment to balance product innovation and ecosystem investments with shareholder returns. We reiterate our Buy rating on the stock as we see Nvidia sustaining its growth profile into 2027 while maintaining a competitive edge in the market — and our CY27 estimates stand over 30% above the Street.”
Futures are rocketing higher on news that the war with Iran is ending.
At the moment, the S&P 500 is up by 1.36%, or by 101 points. The SPDR S&P 500 ETF (SPY) is up by 0.54%, or by $4 a share. The Dow is up 1.05%, or by 530 points. The Nasdaq is up by 2.17%, or by 644 points. Oil is down by $4.64 at $80.20.
According to President Trump on Truth Social, “The Deal with the Islamic Republic of Iran is now complete. Congratulations to all! I hereby fully authorize the toll-free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade. Ships of the World, start your engines. Let the oil flow!”
Both sides will reportedly sign off on the deal by Friday. The Strait of Hormuz isn’t officially open yet, but both President Trump and Iran’s Deputy Foreign Minister have said it would reopen after the signing in Geneva. And we should note that Israel is not part of the agreement.
How to Trade World Cup Soccer
The 2026 FIFA World Cup is shaping up to be one of the biggest economic and sports betting events in history.
As billions of fans tune in and wagering activity surges worldwide, sports betting stocks could see a significant boost in revenue and investor interest. One of the companies that could benefit is DraftKings (NASDAQ: DKNG) — which noted that, “Combined with our unified platform strategy, which allows customers to access either sportsbook or sports predictions, depending on location, and includes a Spanish-language feature, we believe the tournament has the potential to be a meaningful driver of both new customer acquisition and strong engagement across our existing customer base,” as quoted by CNBC.
In addition, analysts at Oppenheimer, who rate DKNG a buy, said the company’s push into prediction markets via the World Cup will serve as a trial run to prepare the platform for a surge in volume in the fall, coinciding with the NFL season.
© sommart sombutwanitkul / Shutterstock.com