Overview: Markets Soar on AI Investment News Global markets, particularly in the tech sector, surged on news of a massive US$500 billion joint venture in artificial intelligence (AI) infrastructure by Oracle, OpenAI, and SoftBank. Dubbed "Stargate," the initiative aims to bolster the United States’ AI capabilities, boosting investor sentiment and signaling a pivotal moment in the AI race. Tech stocks led the charge, while related sectors such as energy and data centers also rallied. Nasdaq 100 futures rose 0.8%, indicating optimism across the market. Tech Sector: Major AI Players See Gains Oracle shares surged nearly 9% before the bell, fueled by the announcement of its central role in the Stargate venture. Nvidia, which will supply chips for the project, gained 2.7%, reflecting confidence