Woofun AI reports that US stock index futures declined, with Dow Jones and Nasdaq 100 futures falling 0.86% and S&P 500 futures dropping 0.61%. International oil prices surged, with WTI crude rising 4.73% to $73.770 per barrel and Brent crude increasing 4.80% to $77.721 per barrel following claims that the US-Iran Memorandum of Understanding was terminated.

Nvidia's market capitalization decreased by $1 trillion in less than two months, with its forward price-to-earnings ratio settling at 18 times, marking a return to valuation levels preceding the AI hype cycle.

Additionally, Apple intends to purchase over $30 billion in US-made chips from Broadcom over five years, while Amazon is developing the "MOONRAKER" Alexa project with GPU spending expected to exceed $100 million in 2026.