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ECONOMY

Iran war, Nvidia earnings move markets

Bond.az covers Iran war, Nvidia earnings, SpaceX IPO, and Fed minutes moving markets.

Robert Moore
ByRobert Moore- Senior Editor
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Iran war, Nvidia earnings move markets
Photo: Prepared by Bond.az

Bond.az - Futures tied to major U.S. stock indexes remain near flat. Markets assess developments in the Iran war and prepare for crucial quarterly earnings from AI chip giant Nvidia.

Analysts predict IPO paperwork for Elon Musk's SpaceX could be released today. Minutes from the Fed's April meeting are also due.

The 30-year U.S. Treasury yield surged to levels not seen in nearly two decades, reflecting inflation concerns tied to the Iran war.

President Trump said the Iran war could end 'very quickly.' VP JD Vance also struck an optimistic tone, saying Tehran wants a deal.

Nvidia's results are a bellwether for the AI industry. Analysts expect strong performance, but competition from Google and Amazon looms.

SpaceX's IPO could be the largest ever, potentially on June 12. The prospectus may reveal key details today.

Fed minutes may show divisions over rate cuts. Former Chair Powell resisted political pressure, vowing to stay as governor until 2028.

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