Markets, AI Geopolitics, and the Strait of Hormuz — June 17, 2026

My Daily AI & Markets Briefing · Jun 17, 2026 · 3m

Dow hits record highs as the US-Iran Hormuz deal crushes oil prices and lifts risk sentiment, but futures are flat ahead of Kevin Warsh's first Fed rate decision. • BMW warns on profits, citing a China slowdown and Iran-war supply disruptions — a sign the conflict's industrial damage isn't over even as a ceasefire takes shape. • Databricks hits $6.9B annualized revenue on AI-agent demand, but surging infrastructure costs are squeezing margins and raising questions about AI platform profitability. • OpenAI, Anthropic, and Google are at the G7 table as leaders negotiate a 'Trusted Partners'…