5 Things to Watch on
June 22, 2026

Stocks are flat but trending positively in premarket trading after the first round of U.S.-Iran talks in Switzerland wrapped with encouraging signs, including a roadmap toward a final deal within 60 days and the creation of a high-level oversight committee. Iran also secured waivers for oil and petrochemical exports. Brent crude fell -2.0% to $78.91 a barrel, while WTI dropped -2.8% to $75.16.

Fervo Energy (FRVO) is up +8% in premarket trading today after announcing a collaboration with Nvidia (NVDA) and Pacific Northwest National Laboratory to develop EGS-Twin, an AI-powered digital twin platform for Enhanced Geothermal Systems. The platform merges real-time field data with physics-based modeling and AI forecasting, training models on NVDA infrastructure using data from FRVO's Nevada and Utah sites to help operators optimize power output and respond to subsurface changes faster. Full deployment is targeted for 2029.

Disney's (DIS) Toy Story 5 opened to a franchise-record $160M domestically this weekend, the biggest debut of 2026, powering the North American box office to an estimated $230M, up +80% YoY. The film collected $312M globally in its opening frame, with IMAX (IMAX) screens generating $21.3M worldwide, marking IMAX's fourth-best domestic animated opening weekend ever. The result pushed year-to-date domestic box office revenue to $4.5B, up +14% from the same point in 2025.

China placed 10 U.S. industrial companies today on its export control list, including rare earth miners MP Materials (MP) and USA Rare Earth (USAR), barring them from receiving Chinese-origin dual-use goods, while separately excluding 46 U.S. defense contractors from government procurement. The moves directly counter the Pentagon's recent 1260H blacklist expansion, which added Alibaba Group (BABA), Baidu (BIDU), and BYD (BYDDF) as suspected military-linked firms. The actions arrive less than a month after Trump and Xi pledged closer economic ties at their Shanghai summit.

Lime (LIME) launched its IPO roadshow today, offering approximately 7M shares at an expected $24-$26 per share, implying a valuation of just under $1.8B at the midpoint. The San Francisco-based micromobility operator provides app-based e-bike and e-scooter rentals across North America, Europe, and other markets, having grown alongside city partnerships and shared mobility regulatory frameworks. Uber (UBER), which transferred its Jump micromobility unit to LIME in a 2020 funding round, is expected to serve as an anchor investor in the offering.