Geopolitical Tensions Rise, GameStop Surges, Tech Sector Weakens

Market News
1. Iran's Revolutionary Guards issued warnings of a broader response to U.S. attacks and claimed to have targeted U.S. army deployment locations, escalating regional tensions.
2. GameStop Corp. announced a FY2026 adjusted EBITDA outlook exceeding $600 million and its focus on the proposed acquisition of eBay, causing shares to rise by 2%.
3. The Philadelphia SE Semiconductor Index recorded a steep 7.9% weekly loss, reflecting broader weakness in the tech sector, while the S&P 500 and NASDAQ also declined.