Finance

Global energy markets saw relief as international crude prices tumbled up to 7% following a weekend de-escalation between the United States and Iran. Brent crude futures dropped toward the mid-$80s per barrel, successfully retreating from the cross-market volatility fears that briefly pushed benchmarks above $100 last week.

Apple shares rose to an all-time intraday high of $339.50, placing the iPhone maker on the verge of reclaiming its crown as the largest U.S. company by market capitalization over Nvidia. While Nvidia's market cap slid to $4.8 trillion due to shifting AI expectations, Apple's valuation climbed to $4.95 trillion, approaching the historic $5 trillion threshold ahead of its corporate earnings report.

The market debut of Chinese memory-chip manufacturer CXMT on Shanghai's Star Market triggered immediate concerns among domestic technology investors. The successful listing and China's development of independent lithography systems generated renewed valuation anxiety, shifting international chip dynamics and impacting competitors like Micron Technology.