Tech stocks rally on US-Iran ceasefire deal

Tech stocks experienced a significant rally, driven by a newly brokered two-week ceasefire deal between the United States and Iran, which also led to a decrease in energy prices. In parallel, Anthropic is providing select tech firms with early access to its advanced Mythos model, aiming to preemptively counter potential cyberattacks. Meanwhile, Apple's anticipated first foldable phone remains on schedule for a September launch, despite earlier reports suggesting substantial manufacturing setbacks. These developments indicate a complex interplay of geopolitical stability, AI advancements, and consumer electronics market dynamics.