It’s been a bumpy month for stock markets, but nobody told the Lloyds (LSE: LLOY) share price, which continues to impress.

Investors have been spooked by fresh worries about the Iran war and AI bubble. The initial excitement over the record-breaking Space Exploration Technologies Corporation (NASDAQ: SPCX) IPO has also subsided, and US tech is on the rack generally.

At $124, SpaceX shares now (18 July) trade below their debut price of $135, and far below their short-lived peak of more than $200. As well as wider AI concerns, Elon Musk’s intra-planetary vehicle has been hit by the scrapped launch of the Starship V3 rocket, concerns over lack of profitability, and potential selling as investor lock-ups…