Friday, June 26, 2026

Friday, June 26, 2026 Iran violates ceasefire with drone strikes on Strait of Hormuz ships. NVDA chip prices could drop as QCOM and others intensify competition. AAPL, MSFT tumble on chip-crunch contagion fears. Trump slams Iran’s “foolish” drone attack on a cargo ship, calling it a ceasefire violation. WTI crude slips to $69 as peace deal hangs by a thread. NVDA’s Rubin upgrade cycle keeps it king, but the stock hasn’t been this cheap in 7 years. QCOM’s data-center gamble and AMD’s push signal the AI chip race is heating up fast. Sticky inflation keeps a September Fed rate hike on the table despite July pause talk. 10-year breakeven inflation at 2.18%, real yields grinding up to 2.29%. This week: A fragile Iran truce, an AI chip price war, and inflation refusing to blink. Markets are repricing risk—watch NVDA dip buyers and oil’s next move. Quant Picks (model confidence >= 70): $EIX — +5.4% vs Utilities (6m), confidence 88 $INTU — +4.2% vs Technology (6m), confidence 88 $HPQ — +

Iran violates ceasefire with drone strikes on Strait of Hormuz ships. NVDA chip prices could drop as QCOM and others intensify competition. AAPL, MSFT tumble on chip-crunch contagion fears.