1. U.S. strikes on Iranian military sites led to crude oil futures rising over $1 per barrel, signaling heightened geopolitical tensions.
2. Marvell Technology reported strong Q1 results and significantly raised its FY27/FY28 revenue outlook due to exceptional AI-related bookings, driving its shares higher.
3. Salesforce delivered record Q1 revenue and announced a $25 billion share repurchase program, while Snowflake committed $6 billion to AWS for enterprise AI adoption acceleration.
Geopolitical Tensions Spike Oil, Marvell & Salesforce Boost Tech with Strong AI Outlooks
