--- title: "Breakfast | June 29, 2026" type: "News" locale: "en" url: "https://longbridge.com/en/news/291068110.md" description: "Mutual strikes between the US and Iran jeopardize ceasefire; Brent crude rebounds. Framework agreement reached among Lebanon, Israel, and the US, but tensions remain high. Fed voter turns hawkish, forecasting one rate hike. China's industrial enterprise profits surge 21.1% in May. Intensive China-EU trade consultations underway. Apple reportedly plans to purchase chips from CXMT. SpaceX to be included in NASDAQ-100. OpenAI delays IPO, causing SoftBank shares to plummet" datetime: "2026-06-28T23:10:40.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/291068110.md) - [en](https://longbridge.com/en/news/291068110.md) - [zh-HK](https://longbridge.com/zh-HK/news/291068110.md) --- # Breakfast | June 29, 2026 Mutual strikes between the US and Iran jeopardize the ceasefire, leading to a rebound in crude oil prices. At the start of Asian trading on Monday, Brent crude rose nearly 2%. US officials stated that the US and Iran would "pause" hostilities, with talks planned for the 30th in Doha, the capital of Qatar. Previously, the US military conducted airstrikes on southern Iran on Friday and Saturday, while the Iranian military threatened on Sunday to launch a "hellish" strike against US military bases. On Friday, Lebanon, Israel, and the US reached a tripartite framework agreement. The Israeli Prime Minister stated that Israeli forces would remain in the "security zone" in southern Lebanon until Hezbollah disarms. Lebanese media reported that Israeli forces attacked southern Lebanon again on Saturday after the framework agreement was reached. Hezbollah declared the tripartite framework agreement invalid. Federal Reserve voter Kashkari shifted from dovish to hawkish: citing persistently high inflation, he expects one rate hike this year. China's industrial enterprises above designated size saw their profits increase by 21.1% year-on-year in May. Profits in the computer, communication, and other electronic equipment manufacturing sectors surged by 103.9% in the first five months. Global Times: China and the EU are holding intensive trade consultations. A lack of sincerity from the EU could trigger a sharp rise in China-EU economic and trade frictions. UK media: Apple is seeking approval to purchase memory chips from ChangXin Memory Technologies (CXMT). NASDAQ: SpaceX will be included in the NASDAQ-100 Index on July 7. News of OpenAI's delayed IPO heavily impacted SoftBank, putting its $65 billion exposure to a major liquidity test, with shares plummeting 13%, marking the largest drop in two years. ### Related Stocks - [SFTBY.US](https://longbridge.com/en/quote/SFTBY.US.md) - [SPCX.US](https://longbridge.com/en/quote/SPCX.US.md) - [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md) - [9984.JP](https://longbridge.com/en/quote/9984.JP.md) - [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [SCO.US](https://longbridge.com/en/quote/SCO.US.md) - [AAPB.US](https://longbridge.com/en/quote/AAPB.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [AAPD.US](https://longbridge.com/en/quote/AAPD.US.md) - [AAPX.US](https://longbridge.com/en/quote/AAPX.US.md) - [SPCH.US](https://longbridge.com/en/quote/SPCH.US.md) - [SPCF.US](https://longbridge.com/en/quote/SPCF.US.md) - [SPAL.US](https://longbridge.com/en/quote/SPAL.US.md) - [SNK.US](https://longbridge.com/en/quote/SNK.US.md) - [SSPC.US](https://longbridge.com/en/quote/SSPC.US.md) - [SPCU.US](https://longbridge.com/en/quote/SPCU.US.md) - [LOFF.US](https://longbridge.com/en/quote/LOFF.US.md) - [QLD.US](https://longbridge.com/en/quote/QLD.US.md) - [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md) - [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md) - [QID.US](https://longbridge.com/en/quote/QID.US.md) - [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md) - [QYLD.US](https://longbridge.com/en/quote/QYLD.US.md) - [JEPQ.US](https://longbridge.com/en/quote/JEPQ.US.md) - [QQQI.US](https://longbridge.com/en/quote/QQQI.US.md) - [AAPU.US](https://longbridge.com/en/quote/AAPU.US.md) - [AAPW.US](https://longbridge.com/en/quote/AAPW.US.md) - [APLY.US](https://longbridge.com/en/quote/APLY.US.md) - [AAPY.US](https://longbridge.com/en/quote/AAPY.US.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) - [OpenAI.NA](https://longbridge.com/en/quote/OpenAI.NA.md) ## Related News & Research - [SoftBank’s CEO isn’t the only one with questions about Elon Musk’s orbital data center hype](https://longbridge.com/en/news/291040770.md) - [Talk of a bubble is an 'insult to AI' says SoftBank's Son](https://longbridge.com/en/news/290651543.md) - [This next catalyst could move SpaceX stock](https://longbridge.com/en/news/290983209.md) - [SpaceX issues USD 25 billion senior unsecured notes in five tranches](https://longbridge.com/en/news/291003679.md) - [BREAKINGVIEWS-SpaceX debt builds on $4 trln Jenga tower](https://longbridge.com/en/news/290579934.md)