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Gold (XAU/USD) rallied toward $5,200 as intensifying US-Iran hostilities sparked heavy safe-haven buying. Bullish technical signals persist, though rising Treasury yields and energy-driven inflation fears could limit further gains.

Broadcom shares jumped 5% after quarterly AI revenue doubled and the company raised its sales outlook. CEO Hock Tan projects AI chip revenue will top $100 billion by 2027, fueled by massive demand from hyperscale customers.

The British Pound (GBP) faces stagflation risks as Middle East conflict drives energy costs higher. Meanwhile, strong US private employment data bolsters the Dollar, keeping the GBP/USD pair under significant pressure.

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Argus upgraded Pfizer to Buy with a $35 price target, citing strength in its GLP-1 and oncology pipelines. The biopharma giant also secured full FDA approval for BRAFTOVI, bolstering its long-term revenue growth outlook through 2028.

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Major indices closed higher as geopolitical fears involving Iran abated, led by a 1.29% gain in the Nasdaq. Broadcom and American Eagle beat earnings estimates, but shares struggled to sustain momentum after hours.

NVIDIA, Amazon, and Boeing drive market gains ahead of key jobless claims and trade data. Geopolitical tensions involving Iran's Crag Island remain a focal point alongside a sharp recovery for Conflare.

China lowered its 2026 GDP target to 4.5-5%, signaling a pivot toward quality growth over aggressive stimulus. Stable fiscal targets and a focus on domestic demand highlight Beijing's disciplined path to economic modernization.

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S&P 500 earnings are projected to rise 11.3% in Q1 2026, driven by a 23.7% surge in the Tech sector. Strong revisions in Finance and Tech offset geopolitical risks, while Amazon and Tesla remain key growth pillars.

Broadcom shares saw intense volatility following its earnings release, echoing recent price swings in CrowdStrike. Despite the initial turbulence, the stock may still trend higher as markets digest the results.