Big tech stocks sank

Big tech stocks sank in morning trading as war jitters over Iran deepened, after U.S. President Donald Trump dashed hopes for clarity on when the Middle East conflict might end.

Tesla fell 4%; Palantir, Oracle, Broadcom, TSMC, Meta, and AMD fell 3%; Alphabet, Amazon, Apple, and Nvidia fell 2%; Microsoft fell 1%.

Trump said in a prime-time address that the U.S. would hit Iran \"extremely hard\" within weeks, arguing that key military objectives were close to being met and the conflict nearing an end. He set no timeline for an exit, however, keeping investors guessing about the scope and duration of the campaign.

AMD Rebounds: Is $220 the Next Stop?

AMD closed up 3.47% at $217.50, hitting a recent high and decisively breaking above the previous $213 resistance zone. The ongoing AI compute demand narrative continues to support its valuation. Demand for MI300X orders remains strong, while expectations for gaining share in the mid-to-low-end inference market are intact. 👉 $215 now acts as a new support level, with $220 as the next resistance. Can AMD establish its own narrative?

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