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Mark Roussin, founder and senior portfolio manager at Roussin Capital Management, reports a significant decline in the stock market before the official opening, while oil prices have surged by 5 percent. He also highlights that U.S. President Donald Trump has declared the Iran ceasefire deal is over.
Roussin previously highlighted Nvidia’s revenue of $81.6 billion and net income of $58.3 billion, citing strong fiscal projections in an earlier analysis. He also warned that selling Alphabet shares over company concerns may be premature, according to his commentary on GOOGL. These recent views follow his current remarks on heightened market volatility and geopolitical tensions.