Oil near $100 and rising yields cool the swings in NVIDIA

Oil pushing past $100 a barrel and government bond yields at multi-decade highs have taken over as the market's main worry, easing the wild swings in AI stocks like NVIDIA (NVDA). Rising oil feeds inflation, which lifts yields and pressures pricey tech shares. NVDA is a top holding for Nancy Pelosi, AI Infrastructure & Compute, and David Tepper (13F).