The new US-Iran ceasefire brokered late Tuesday<\/a> has sent investors rushing back to one of their most beloved sectors: Big Tech.<\/p>\n Some of the most visited stock quote pages<\/a> on Yahoo Finance on Wednesday morning include “Magnificent Seven” members Nvidia (NVDA<\/a>), Google (GOOG<\/a>), Amazon (AMZN<\/a>), and Microsoft (MSFT<\/a>) (see list below). All of these stocks are catching strong premarket upside moves, and the same goes for other Big Tech players like Oracle (ORCL<\/a>).<\/p>\n Futures on the Dow Jones Industrial Average (YM=F<\/a>) are up more than 1,000 points in premarket trading on news of the ceasefire.<\/p>\n Recall that since the onset of Operation Epic Fury in late February, large-cap tech plays have fallen out of favor for a few reasons.<\/p>\n Read more: <\/em>How to protect your money during turmoil, stock market volatility<\/em><\/a><\/p>\n For one, investors have rotated from these growth names into perceived value plays tied to the war in oil and defense contractors.<\/p>\n Two, with skyrocketing oil prices sparking inflation fears, investors worried rate cuts from the Federal Reserve would be off the table this year. Interest rate cuts have long been viewed as a friend to growth stocks in tech land.<\/p>\n The Magnificent Seven alone have shed more than $1.1 trillion in market cap since Operation Epic Fury kicked off on Feb. 28.<\/p>\n These stocks are now hovering near fresh lows relative to the S&P 500 (^GSPC<\/a>), JPMorgan strategist Mislav Matejka pointed out in a new note on Tuesday.<\/p>\n “Investors will be breathing a big sigh of relief that an offramp out of the war is being taken even as there\u2019ll be various elements to watch to see whether this leads to sustained de-escalation,” Deutsche Bank strategist Jim Reid wrote in a note today.<\/p>\n Brian Sozzi<\/em><\/a> is Yahoo Finance’s Executive Editor and a member of Yahoo Finance’s editorial leadership team. Follow Sozzi on X <\/em>@BrianSozzi<\/em><\/a>, <\/em>Instagram<\/em><\/a>, and <\/em>LinkedIn<\/em><\/a>. Tips on stories? Email brian.sozzi@yahoofinance.com.<\/em><\/p>\n Click here for in-depth analysis of the latest stock market news and events moving stock prices<\/strong><\/a><\/p>\n Read the latest financial and business news from Yahoo Finance<\/strong><\/a><\/p>\n<\/p><\/div>\n<\/a><\/div>\n<\/div>