Global oil prices break below $80 for the first time since the Iran war began. Ships still aren’t passing through Hormuz.

MarketWatch· Isabel Wang· Jun 16, 2026 · 4:50 PM

Shipping data show that only a fraction of normal tanker volumes are moving through the Strait of Hormuz.

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Chip stocks suffer worst stretch in 16 months as AI fatigue grips the market

Anticipation is building for Anthropic’s investor day, as Wall Street grows less patient with heavy AI spending.

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AST’s commercial rollout could face delays due to satellite-launch challenges and SpaceX’s growing ambitions, an analyst warns.

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The comments made by Broadcom’s CEO at a conference in Singapore have been cited as a reason for microchip stocks’ slumps on both Monday and Tuesday.

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