The road to the Iran peace deal was an edgy affair that dragged on for months. The ceasefire that began back in April was only a temporary truce to give negotiations room to breathe, not peace itself. And even during that truce, there were enough sparks to derail the talks. Israel struck Lebanon, the US kept its naval blockade on Iran’s ports, missiles were still flying, and Trump pressured about attacking Iran. Messy.

I’ll be honest, the timing made me raise an eyebrow. That recovery came right before Pakistani Prime Minister Shehbaz Sharif, acting as lead mediator, announced that the US and Iran had agreed on the final text to end the war. Insider trading? I’m not saying that. But the sequence was convenient.

Stocks pushed higher into 12 June, the day SpaceX made its blockbuster debut. Plenty of commentary called the $135 offer price overpriced, but the stock didn’t care. It opened at $150 and closed at $160.95, up about 19% on day one. That valued Elon Musk’s rocket company north of $2 trillion and made it the biggest IPO ever, raising roughly $75 billion.

Among the strongest performers were the memory and storage plays, names like Western Digital, SanDisk, Seagate and Micron, still the standout group of 2026 as AI demand chews through every chip they can make. Look further down the leaderboard and you’ll find more of the same theme, with GE Vernova, Teradyne, Qualcomm, Applied Materials and Intel.