Intel's AI Chip Surge Boosts Tech Stocks

0:00Tech stocks are charging ahead today, sparked by Intel's massive earnings beat, that scented share skyrocketing 27% on hot demand. For AI chips, the NASDAQ composite leaves the pack of 0.7%, while the S&P 500 climbs 0.2%, brushing its all-time high. Oil prices dipped a bit to around $104.67 per barrel for Brent Crude, but they're still way up since the Iran War. Kicked off late February, meanwhile, the Dow slips 74 points as energy stays shaky with the straight of her moves mostly shut down. Trump's team just extended the Jones Act waiver to 90 days, letting more foreign ships haul oil and gas to U.S. ports faster amid the blockade, and recent Iranian attacks on vessels there, Wall Street's hitting records despite the global energy crunch fueling inflation fears worldwide. Towers are betting on strong corporate profits and a quick war end, shrugging off the chaos for now.

1:01European markets edged mostly lower, with Paris's CAC 40 down 0.5% while Asia wrapped mixed, Tokyo's Nikkei grabbed 1%, to 59,716, Taiwan's soared 3.2% on chip gains, but India dropped 1.4%. The Intel boost is rippling through chips like Qualcomm and Broadcom up 2-4%, keeping optimism alive even as peace talks with Iran, stall and oil swings wild markets proving resilient, interbulent times. That's your update from Canada News Today, powered by AI.