Sam Martinelli

Up until the night of June 13, 2026, the New York Knicks were the only sports team I cared about that had never won a championship in my lifetime. Up until the night of June 10, 2026, I had assumed that a team down 29 points in the NBA Finals against one of the league’s elite defenses couldn’t possibly win that same game, much less the whole series.

Stock futures were broadly but fractionally lower following a mixed session. The Nasdaq was the laggard as investors took profits in semiconductor stocks following Broadcom’s earnings report. The reaction in Broadcom shares suggests the market may be entering a phase where strong results alone are no longer enough if guidance does not materially improve. Meanwhile, oil prices eased slightly following reports of progress toward regional de-escalation in the Middle East.