⇧-click a link, or Force Click it on a trackpad, and its page opens in a panel over the one you are reading. The page behind dims and stays exactly as it was.
A peek belongs to its tab: switch away and it hides, come back and it is there. Links to meetings always open as tabs, and ⌘-click still opens a tab.
From a pinned tab#
Links to other sites from a pinned tab open as peeks, so the pin stays where it was, as in Arc. From a pin’s peek, ⇧⌘O puts the page beside a copy of the pin, in Split View.