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US stocks close strongest quarter in years amid AI optimism and Iran peace hopes

Market News
30 Jun 2026
New York Post
View Source
Bullish
pluang ai news

US stock markets ended the second quarter of 2026 with their best performance in years, driven by gains in chipmakers and optimism around AI and a potential peace deal with Iran. The Dow Jones, S&P 500, and Nasdaq all posted significant gains, with the semiconductor sector notably up 82% year-to-date. However, experts warn of possible volatility ahead due to geopolitical tensions in Iran, upcoming US midterm elections, and market reactions to Federal Reserve policies. Investors should watch developments in these areas as they could impact market direction in the third quarter.

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US lifts export controls on Anthropic's AI models; Trump reveals $580M crypto income; oil prices drop sharply.

US lifts export controls on Anthropic's AI models; Trump reveals $580M crypto income; oil prices drop sharply.

The US Department of Commerce has removed export restrictions on AI company Anthropic, allowing its Claude Fable 5 and Mythos 5 models to be accessed by foreign nationals again. Meanwhile, President Donald Trump's financial disclosures reveal over $5...

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Michael Burry shorts Caterpillar and other AI-linked stocks, warning of an overvalued rally.

Michael Burry shorts Caterpillar and other AI-linked stocks, warning of an overvalued rally.

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Bearish
17 hours ago
Chipmakers Micron, Intel, and AMD soar over 200% in Q2 as AI demand broadens beyond Nvidia.

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In the second quarter, chipmakers Micron, Intel, and AMD saw historic gains, with their stocks rising over 180%, driven by expanding AI demand beyond Nvidia. Micron's market cap increased by about $920 billion due to surging memory prices, while Inte...

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Bullish
17 hours ago
Fidelity's Disruptive Communications ETF targets tech leaders reshaping global communications infrastructure and platforms.

Fidelity's Disruptive Communications ETF targets tech leaders reshaping global communications infrastructure and platforms.

The Fidelity Disruptive Communications ETF (FDCF) actively invests in companies pioneering changes in the communications sector, including social media, digital infrastructure, and connected devices. It focuses on firms building the physical and digi...

Market News
Bullish
19 hours ago
Nvidia's market cap hits $4.78T in H1 2026 despite recent share losses and new AI partnership.

Nvidia's market cap hits $4.78T in H1 2026 despite recent share losses and new AI partnership.

Nvidia's market capitalization rose to about $4.78 trillion in the first half of 2026, up 3.14% from the start of the year. It remains the world's largest company by market cap, surpassing Alphabet by $500 billion. However, Nvidia's shares have recen...

Market News
Neutral
22 hours ago
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