Alphabet, Meta, Amazon, Nvidia Lead Tech Rally After Trump Announces Ceasefire with Iran

TL;DR

U.S. stocks surged following President Donald Trump's announcement of a two-week ceasefire with Iran.
Leading the tech rally were Meta, Amazon, Alphabet, and Nvidia, with Meta also announcing its new AI model, Muse Spark.
Chipmakers such as Taiwan Semiconductor Manufacturing Co., ASML, Applied Materials, Micron, Western Digital, Lam Research, and Intel also experienced significant gains.
The ceasefire announcement comes after a period of decline for tech stocks, which were affected by concerns related to the Iran war and the impact of AI on software business models.
Despite the truce, challenges remain, including ship traffic in the Strait of Hormuz and a drone strike on Saudi Arabia's pipeline.

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