Your Evening Briefing

June 15, 2026

Stocks climb on US-Iran peace deal

The S&P 500, Nasdaq 100, and Russell 2000 climbed higher on news that the US and Iran have reached a deal to reopen the Strait of Hormuz and end hostilities. Oil prices sank on the news.

Technology was the best-performing sector as the peace deal reignited enthusiasm for the AI trade, while energy was the worst performer. All Magnificent 7 stocks rose.

Bitcoin rose to its highest level in two weeks as the risk-on mood resumed. Ethereum, Solana, XRP, Zcash, and Hyperliquid Strategies also soared as the broader crypto market snapped back on improved risk sentiment.

Stocks that moved higher:

Southwest Airlines, Alaska Air, JetBlue, Frontier, Delta Air Lines, United Airlines, and American Airlines all climbed as oil prices dropped on the promise that the Strait of Hormuz would soon be open.
Royal Caribbean, Norwegian Cruise Line, and Carnival gained as falling oil prices and reduced geopolitical risk lifted the travel and leisure sector.
The peace deal reignited the momentum trade, sending 2026's best-performing tech and semiconductor names sharply higher, with Seagate Technology Holdings, Astera Labs, Nebius, Lam Research, Applied Materials, Intel, GlobalFoundries, Coherent, Sandisk, AMD, Western Digital, Marvell Technology, Dell, Nvidia, and Lumentum all surging.

Stocks that moved lower:

Exxon, Devon Energy, Occidental Petroleum, Chevron, Phillips 66, and CF Industries fell as oil prices dropped.
Fox sank as investors digested the risk profile and timeline of its deal to buy Roku in a cash-and-stock transaction valued at about $22 billion.

Nvidia to reportedly raise at least $20 billion in first bond sale since 2021

Bloomberg says the world’s most valuable company is tapping credit markets. Read more.

It’s still the “you gotta spend money to make money” stock market

Capex is king, and buybacks are just a way of admitting you aren’t in the AI race.

Read more.

Gold Tesla Cybercabs are piling up, but they’re not picking up passengers yet
Low-volume production started in April. Now people are noticing them more and more in the wild.
Anthropic pulls Fable and Mythos access worldwide after Trump administration bars their use by foreign nationals
After the US government notified Anthropic on Friday evening that it must ban foreign nationals from accessing its new Fable and Mythos AI models, the company disabled the models for all users worldwide.
Tesla used skewed data in push for European FSD approval, Reuters finds
A version of Tesla FSD is currently available in five European markets.
Electronic Arts launches a platform to put more ads in its games
EA is looking to make the process of buying immersive ad space in its games simpler, in an effort to ramp up ad revenue.
Lionsgate persists with decade-long effort to make a “Monopoly” movie
America’s favorite board game is proving a tricky subject for a feature film.
Britain announces social media ban for under-16s starting early 2027
The UK government plans to use the same model for the restrictions as Australia — but how successful has that case study been so far?

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