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<US> Iran Talks Stalemate; Nasdaq Down Less Than 100 pts; Qualcomm (QCOM.US) Jumps 3% on Chip Tie-up with OpenAI
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Iran peace talks have fallen into a stalemate and tensions in the Strait of Hormuz have escalated again. US equities showed mixed performance on Monday. The S&P 500 opened down 12 points. The DJIA opened down 118 points before rebounding 55 points, or 0.1%. The Nasdaq led losses, opening down 36 points and widening its decline to 0.4%, recently falling 90 points. Qualcomm (QCOM.US) reportedly partnered with OpenAI to develop AI smartphone chips and is cooperating with MediaTek in Taiwan for production, with mass production expected in 2028. Its share price rose 3%. Microsoft (MSFT.US) fell about 1%. The company will no longer pay revenue sharing to OpenAI, and Microsofts OpenAI license will be converted to a non-exclusive license. Dominos Pizza (DPZ.US) dropped more than 10% after its first-quarter results missed expectations. (me/s) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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