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NVDA Stock Rises on US-Iran Peace Deal

Guavy AI Editorial Team
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NVDA
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Nvidia Corp. shares rose approximately 3% in premarket trading on Monday after U.S. President Donald Trump and Iranian officials announced a peace agreement to end months of conflict.

The deal, which is expected to reopen the strategically important Strait of Hormuz, has caused US stocks to rise, with oil prices falling as a result.

Nvidia's retail sentiment on Stocktwits remains 'extremely bearish,' but some users are optimistic that this move could help break out of its recent trading range.

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