On Friday, Bloomberg reported that OpenAI expects its annualized revenue to reach or exceed $70 billion this year, easing market sell-off pressure previously triggered by doubts about the returns on AI spending and boosting tech stock sentiment. Meanwhile, spot gold surged over 1.6% during the day, breaking above $4,200 per ounce, and spot silver rose 2.0%, buoyed by a retreat in long-term US Treasury yields from over two-decade highs. Asian equities collectively rose 0.3%, and US stock futures also climbed. Brent crude fell 1.2% after Donald Trump stated that the US would not attack Iran before the November midterm elections. Iron ore prices continued their decline, marking a third consecutive weekly drop this week.