Nvidia and NASDAQ 100 eye 12th day of gains amid cooling US-Iran tensions

NASDAQ 100 and Nvidia are on track for a 12th consecutive day of gains, with the Polymarket contract on Nvidia being the largest company by April 30 at 98.8% YES.

Nvidia’s stock rally feeds directly into the largest company by June market, now at 89.5% YES. That contract climbed from 85% over the past week as US-Iran tensions de-escalated. The April market cap contract sits at 98.8% YES, up from 97% a week ago.

The April market has $573,657 in actual USDC daily volume, with $299,019 required to move the price 5 percentage points. The largest 24-hour price move was a 1-point drop, which points to stable positioning rather than speculative churn.

Cooling US-Iran tensions have let tech stocks recover from prior geopolitical sell-offs. Nvidia’s 12-day streak is real, but there are no new strategic developments driving it beyond the broader risk-on shift. At 89.5¢, a YES share for June 30 pays $1, a 1.12x return. That bet depends on continued market momentum and no major geopolitical escalation.

Watch for Nvidia’s earnings call, any new US-Iran developments, and major tech contract announcements in the coming weeks.

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