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US and Iran Hold Fire; Seattle Food Festival Shooting Kills Three
US and Iran paused attacks, easing markets and oil; three killed in Seattle’s Bite of Seattle food-festival shooting; Nvidia to invest $1B in Naver for South Korea AI data centers.
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What stands out
US and Iran paused for a third night and markets used the lull as permission to tighten risk-on positions, while oil eased and stocks lifted. In the middle of that calmer tape, Nvidia (NVDA) announced a $1 billion investment in Naver to help finance an artificial intelligence (AI) data center under construction in South Korea. That detail matters because it shows Nvidia is not just selling chips, it is buying capacity and geographic reach, turning corporate balance-sheet moves into infrastructure that fuels future revenue streams.