The Week in Numbers: cool oil, hot Nvidia

STORY: From how oil markets calmed down, to why Nvidia claimed top spot again, this is the Week in Numbers.:: The Week in Numbers:: 12%12% was the weekly drop for international benchmark crude prices by Friday.Oil’s recent gains went into reverse after Israel and Iran agreed to a ceasefire.Traders say that ended fears that Tehran might try to blockade supplies.Though Donald Trump said there was no guarantee the conflict wouldn’t resume:“Can it start again? I guess someday, it can, it could maybe start soon.":: $3.76 trillion$3.76 trillion was the record value hit by Nvidia.The AI chip champion overtook Microsoft as the world’s most valuable company.Nvidia was boosted by an analyst prediction that it is set to ride a “golden wave” of spending on the new technology.:: 289,000289,000 is how many orders Xiaomi secured for its new YU7 electric car in its first hour on sale.The blockbuster sales will ramp up pressure on Tesla, which has seen its market share slide in China.Analysts say Elon Musk’s firm will probably have to respond with more price cuts if it wants to stay competitive.:: 11%11% was the surge in shares for Nike, after it said it would reduce its reliance on China over making goods for export to the U.S.The sportswear giant is trying to limit its exposure to Donald Trump’s global tariffs.Nike sales fell sharply over the latest quarter, with China also among the problems on that front.:: 10%And 10% was the jump in shares for Carnival.The cruise operator beat forecasts and reported its highest profit margins in almost 20 years.Carnival says cruises remain more affordable than holidays on shore, helping it to win business from wary consumers.