U.S. Stocks Rally On Ceasefire Announcement And Tech Recovery

Geopolitical Shift Fuels Market Optimism

U.S. equity markets rose on Wednesday following the announcement of a two-week ceasefire with Iran. Donald Trump, former U.S. President, said the agreement would take effect immediately. Technology stocks led the gains as investors responded to reduced geopolitical risk.

Tech Titans Lead The Upswing

Meta shares increased after the company introduced its Muse Spark AI model. Gains were also recorded by Amazon, Alphabet, and Nvidia. These companies contributed to broader advances in major equity indices.

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Chipmakers Capitalize On The New Optimism

Taiwan Semiconductor Manufacturing Company (TSMC) rose 6% following the announcement. Semiconductor equipment firms ASML and Applied Materials gained about 9%. Micron, Western Digital, Lam Research, and Intel also recorded gains, supporting momentum across the semiconductor sector.

Market Context And Recent Volatility

Recent gains follow earlier declines in technology stocks at the start of the year. Software companies had faced pressure linked to concerns over artificial intelligence and business model disruption. Microsoft shares fell 23% in the first quarter, underperforming both major technology peers and the Nasdaq index. The current rebound reflects changes in investor positioning following recent developments.

Outlook

The ceasefire reduced short-term geopolitical risk, though uncertainties remain around logistics and energy infrastructure in the region. Investors continue to monitor developments in both geopolitical conditions and the technology sector performance.

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OpenAI Brings Unlimited Text Chats To Free ChatGPT Users

by News Editor

August 7, 2026

Unlimited Text Conversations Roll Out

OpenAI is removing limits on text-based conversations for all ChatGPT users, following the platform’s recent milestone of surpassing one billion weekly users.

The update introduces GPT-5.6 Luna as the default model for Free and Go users, replacing GPT-5.5.

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New “Think” Button For More Complex Questions

Alongside unlimited text chats, Free and Go users will gain access to a new “Think” button, allowing them to use additional reasoning power for more complex queries.

OpenAI noted that separate usage limits will continue to apply to file uploads, image generation, voice features and other multimodal tools.

Faster Responses For Paid Subscribers

The update also brings improvements for ChatGPT Plus and Pro subscribers. They will receive access to GPT-5.6 Sol, an upgraded model designed for everyday tasks such as web research, planning, writing, decision-making and answering questions. According to OpenAI, the model delivers shorter, more robust responses.

The company noted that this version is separate from the GPT-5.6 Sol model used in Codex and Work, which remains unchanged. Plus and Pro subscribers will also receive a new thinking slider, allowing them to adjust how much reasoning the model applies before generating an answer, depending on the complexity of the task.

OpenAI Reports Fewer Errors

According to OpenAI’s internal testing, GPT-5.6 Luna produces 62% fewer factual errors than GPT-5.5 Instant, while GPT-5.6 Sol reduces factual errors by 68%.

The updated GPT-5.6 Sol model is available to Plus and Pro users starting today. The remaining features for Free and Go users will roll out throughout the week, with unlimited text chats and the new Think button becoming available next week.

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