What developed into a relatively quiet week became volatile on Friday after Israel's overnight strike against Iran. Here is a closer look at the three biggest topics that have defined the market this week. 1. Geopolitics: The attack on the Iranian nuclear infrastructure was confused by the financial markets on Friday. US stocks sold the increased tensions overseas. The S&P 500 and the NASDAQ composite fell by 1.13% and 1.3% on Friday. In the meantime, Brent Rohfutures and Westtexas intermediate raw futures added around 7% and 7.5%. Gold also rose to a two -month high, as the investors see it as a safe port of all the volatility. Before the attack, Stock Benchmark was on the right track to end positively the week. Instead, the S&P 500 and the Nasdaq lost 0.4% and 0.6% over this route and grabbed two weekly profit series. Despite a modest win on Friday, part of the Safe-Haven trade, the US dollar index had a difficult week. On Thursday we wrote about how long -term fundamental investors should see the weaker dollar. Another major geopolitical event for investors was an announcement by the US and Chinese delegations that both sides agreed on a trading deal frame, especially on rare earth minerals. 2. Economic data: Investors received good news about the inflation front on Wednesday and Thursday. On Wednesday, the Consumer price index showed a measure of the inflation of goods and services in the entire US economy that core prices rose less, which was expected last month. The May producer price index, a measuring device for wholesale inflation in the country, was also lower than expected on Thursday. The labor market continued to show that it was softer, but not broke. The weekly unemployment claims for the week ending on June 7 remained unchanged, while the continuing claims were still at several years. Overall, the batch of economic data was encouraging because the inflation rate subsides, and unemployment remains low, which gives consumers more purchasing power. 3. AI updates: It was also a week full of company -specific news and events in the race of generative artificial intelligence. AI remains one of the most important, unless the most important drivers for financial markets. On Monday we heard from Apple when the company organized its annual worldwide developer conference. Although the expectations were steamed as we have ever seen, the event was able to disappoint due to the lack of AI updates. META platforms, on the other hand, were enthusiastic this week when the news broke that the company took a large investment in the AI ​​in the scale and will bring the CEO of the startup on board to start a new “superintelligence” unit within the company with the aim of achieving artificial general intelligence. On the early Wednesday morning we heard from Jensen Huang, CEO of Nvidia, who spoke at the GTC event of the company in Paris. Although there were not many new updates, Huang confirmed that there are still much more accelerated computing capacity that has to be built up, which highlights the demand for hyperscale and sovereign units. In Europe, he argued, he should have 10 times its calculation capacity in the next two years. Outside of the portfolio, Oracle and Advanced Micro devices, also made news about AI. The Oracle share rose on Thursday, after reporting better than expected quarterly results in the previous evening. Impressive, the stock rose again on Friday on the way to its best week since 2021. BMO Capital also upgraded Oracle on a merchanting. Oracle CEO Safra Catz's comments on his Cloud infrastructure business confirmed that the demand for AI computer performance increases. In fact, Oracle said that revenue from this business in his 2026 financial year should increase by 70% compared to the year. Elsewhere, advanced micro devices presented its new AI server chip for 2026 at a company events on Thursday, the part of his experiment, to compete with the market-leading offer from Nvidia. AMD also announced that a new top-class customer Openai, the startup behind Chatgpt and Club with the AI ​​partner of Microsoft. However, the chip is only expected in 2026. (Jim Cramers Charitible Trust is Long Aapl, Meta, NVDA. Here you will find a full list of shares.) As a subscriber of the CNBC Investing Club with Jim Cramer, you will receive a trade warning warning before Jim Handel. Jim waits for 45 minutes after he has sent a trade warning before bought or selling a share in the portfolio of his non -profit trust. When Jim spoke about a share on CNBC television, he waits 72 hours after the output of the trade war before he executed the trade. The above -mentioned investment club information is subject to our general terms and conditions and data protection guidelines together with our disclaimer. There is no trust or strategy or is created due to its receipt of information provided in connection with the Investing Club. It is not guaranteed to be a specific result or profit.