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Peace talks are back on while the U.S. plays cat-and-mouse with rogue ships in the Strait of Hormuz

20 0
16.04.2026

Peace talks are back on while the U.S. plays cat-and-mouse with rogue ships in the Strait of Hormuz

Good morning. On Fortune’s radar today:

Markets: Record highs!

Meet the anti-AI groups facing questions after the attack on Sam Altman.

Peace is in danger of breaking out in the Middle East.

Why the price of oil doesn’t go down even when you are self-sufficient in it.

Jamie Dimon sells $40 million in stock.

Diamonds are really cheap.

Bulls run wild as peace talks lift markets to record highs

Markets rose broadly across the globe this morning on news of more peace talks in the Middle East. Oil is at $95 per barrel, pretty much where it was yesterday. S&P 500 futures were flat this morning before the open in New York. The Index closed up 0.8% yesterday to hit a new record high at 7,023. Japan’s Nikkei 225 was up 2.38% and is also at a record high. South Korea’s KOSPI was up 2.21%. China’s CSI 300 rose 1.1%. In Europe the Stoxx 600 ticked up 0.11% and the U.K.’s FTSE 100 was flat in early trading.

The Champagne Glass Is More Than Half Full - Ed Yardeni of Yardeni Research

Fed Chair nominee Kevin Warsh is worth more than $100 million and has stakes in SpaceX and Polymarket - Jacqueline Munis

Trump threatens to fire Jay Powell and refuses to halt criminal probe - FT

Anti-AI groups in the spotlight after the attack on Sam Altman

The firebombing and attempted murder of OpenAI CEO Sam Altman has drawn attention to two anti-AI groups linked to the alleged arsonist: Pause AI and Stop AI. Both have condemned the violence and said the suspect is not a member of their organizations. But who are these groups, and what do they want? Fortune’s Sharon Goldman talked to Pause AI US leader Holly Elmore, the Berkeley-based activist with a PhD from Harvard. The group has “no reason to think that this person had much to do with us,” she said, he “didn’t get any further in onboarding or having any official role.”

Altman Attack Suspect Called........

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