DeepSeek, a Chinese artificial intelligence startup, launched a preview of its new model optimized for Huawei chip technology, reigniting concerns in the U.S. stock market regarding potential intellectual property theft. Despite these fears, major technology stocks remained resilient, with Intel shares soaring 27.6% premarket following positive revenue forecasts. Other notable gains included Marvell Technology at 3.7% and Comfort Systems at 6.5%. However, Coursera saw a decline of 12.4% after disappointing first-quarter results. The market's overall stability is further challenged by rising oil prices, with Brent crude futures trading above $107 due to geopolitical tensions in the Strait of Hormuz. The S&P 500 and Nasdaq Composite recently reached record highs, reflecting investor confidence in economic fundamentals despite ongoing challenges. As traders prepare for the upcoming Federal Reserve policy meeting, there is a 99.5% likelihood that interest rates will remain unchanged, highlighting the market's cautious optimism amidst uncertainty.