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At the opening bell, U.S. equities advanced modestly as the Dow rose 0.28%, the S&P 500 gained 0.53%, and the Nasdaq climbed 0.96%, signaling a cautious risk appetite amid macro cues.
Tech leadership supported gains as Amazon surged about 4.5% on news of a $38 billion deal to provide NVIDIA-based compute power for OpenAI, bolstering the AI cloud infrastructure narrative.
NVIDIA shares rose roughly 2.7% as reports suggested the U.S. has approved Microsoft‘s first export of the latest chips to the UAE, a move that could influence AI supply chains and enterprise deployments.
Crypto-related equities finished lower, with MSTR down 1.59%, CRCL -2.14%, COIN -2.56%, SBET -4.37%, and BMNR -5.29%, underscoring a rotation away from speculative crypto plays.
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