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<\/a><\/p>\nPublished On 23 Sep 202623 Sep 2026<\/p>\n
Wall Street\u2019s Nasdaq stock exchange has hit an all-time high, shrugging off concerns about AI safety risks, sky-high tech valuations and the energy shock caused by the United States\u2019 war on Iran.<\/p>\n
The Nasdaq Composite index, which is dominated by US tech giants such as Nvidia, Apple and Microsoft, rose 0.45 percent on Tuesday, taking its gains to date this year to more than 17 percent.<\/p>\n
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The Nasdaq 100, a narrower index that tracks 100 top companies, jumped 0.82 percent.<\/p>\n
The S&P 500, the most popular measure of the overall US stock market, closed essentially flat.<\/p>\n
Monolithic Power Systems, a Florida-based manufacturer of power circuits, and Canadian\u00a0e-commerce company Shopify led the gains, surging 8.1 percent and 7.1 percent, respectively.<\/p>\n
Micron Technology, one of the world\u2019s top three memory chip makers along with South Korea\u2019s SK Hynix and Samsung Electronics, rose 5 percent.<\/p>\n
Chip giant Nvidia, the world\u2019s most valuable company, gained 0.7 percent, while Apple edged up 0.2 percent.<\/p>\n
Meta Platforms, which soared 11.4 percent on Monday on excitement surrounding its new AI assistant Muse, dropped 0.63 percent.<\/p>\n
Major Asian stock markets opened higher on Wednesday, with Japan\u2019s benchmark Nikkei 225 and South Korea\u2019s Kospi up about 1.4 percent and 0.1 percent, respectively, in morning trading.<\/p>\n
Hong Kong\u2019s Hang Seng Index opened lower, falling more than 0.7 percent during the morning trade.<\/p>\n
Oil prices were largely flat on Tuesday, after falling more than 3 percent the previous day amid improving oil flows out of the Gulf and hopes of renewed diplomacy between Washington and Tehran.<\/p>\n
Futures for Brent crude, the international benchmark, were trading at $99.18 a barrel as of 01:00 GMT.<\/p>\n
\u2060US President Donald Trump on Tuesday told reporters\u00a0that US officials \u200cheld a \u201cvery good\u201d meeting with their Iranian counterparts on the sidelines of the United Nations General Assembly in New York, hours after using his address to the session to\u00a0warn that he could \u201cannihilate\u201d Iran if Tehran did not agree to a deal on the war.<\/p>\n
Trump, whose war on Iran is nearing the seven-month mark, said US and Iranian officials would hold another round of talks in the \u201cvery near future\u201d.<\/p>\n
Jay Goldberg, a senior analyst at Seaport Research Partners in San Francisco, said signs of diplomatic progress between the US and Iran had refocused investor attention on the potential of AI to generate profits after years of multibillion-dollar investments.<\/p>\n
\u201cWe have been searching for a clear consumer use case to justify the AI spend, and many see Muse as just that product,\u201d Goldberg told Al Jazeera.<\/p>\n
\u201cPersonally, I think Muse is just a step in the right direction; there will be better products \u2013 probably soon \u2013 but Muse is one of those things that are so useful they get investors excited about AI prospects again,\u201d Goldberg said.<\/p>\n","protected":false},"excerpt":{"rendered":"Investors shrug off AI safety concerns and Iran war, sending market to a new peak. Published On 23…\n","protected":false},"author":2,"featured_media":857526,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[28,101,7905,3,74,21,1209],"class_list":["post-857525","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-economy","tag-financial-markets","tag-news","tag-technology","tag-united-states","tag-us-canada"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/857525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=857525"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/857525\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/857526"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=857525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=857525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=857525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}