Iran’s Islamic Revolutionary Guard Corps (IRGC) said its naval forces have struck U.S. military positions in the region in retaliation for the recent U.S. attack on Iranian missile and drone storage sites.
The IRGC claimed the U.S. had used “various pretexts,” including allegations involving a vessel transiting an unauthorized route through the Strait of Hormuz, to justify its military action.
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The IRGC claimed the U.S. had used “various pretexts,” including allegations involving a vessel transiting an unauthorized route through the Strait of Hormuz, to justify its military action.
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The U.S. housing market is showing renewed strength, with home prices rising again, according to Redfin.
The median U.S. monthly housing payment climbed to $2,647 during the four weeks ended June 14, the highest level in a year.
The increase reflects a combination of firmer home prices and still-elevated mortgage costs.
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The median U.S. monthly housing payment climbed to $2,647 during the four weeks ended June 14, the highest level in a year.
The increase reflects a combination of firmer home prices and still-elevated mortgage costs.
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US Secretary of State: The United States is proud to be part of the historic trilateral framework agreement between Israel and Lebanon
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POTENTIAL SIGNAL OF INTERNAL DIVISIONS WITHIN IRANIAN LEADERSHIP
Raisi said those outside Iran’s Supreme National Security Council do not know the full details of its deliberations, but claimed to have information that a senior Iranian official threatened to resign if a U.S. agreement was not signed.
According to Raisi, military commanders faced a choice between opposing the agreement and risking a political vacuum and renewed domestic unrest, ultimately opting for what he described as the “lesser of two bad options.”
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Raisi said those outside Iran’s Supreme National Security Council do not know the full details of its deliberations, but claimed to have information that a senior Iranian official threatened to resign if a U.S. agreement was not signed.
According to Raisi, military commanders faced a choice between opposing the agreement and risking a political vacuum and renewed domestic unrest, ultimately opting for what he described as the “lesser of two bad options.”
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NEGATIVE FOR JAGUAR LAND ROVER; HIGHLIGHTS RISING CYBERSECURITY RISKS
According to a New York Times report citing sources, Russian hackers were behind the 2025 ransomware attack on Jaguar Land Rover. The attack reportedly used highly sophisticated, “mind-blowing” encryption techniques and is estimated to have cost the UK economy around $2.5 billion.
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According to a New York Times report citing sources, Russian hackers were behind the 2025 ransomware attack on Jaguar Land Rover. The attack reportedly used highly sophisticated, “mind-blowing” encryption techniques and is estimated to have cost the UK economy around $2.5 billion.
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Iran has reiterated that the security environment in the Strait of Hormuz has fundamentally changed following the U.S. attack, warning that vessels must use routes designated by Iran or their security cannot be guaranteed.
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Anthropic said it has been working closely with the U.S. government since June 12 to restore access to its Claude Mythos 5 and Claude Fable 5 models.
The company also said the U.S. government has authorized the redeployment of Mythos 5, its most advanced cybersecurity-focused model, to select U.S. organizations.
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The company also said the U.S. government has authorized the redeployment of Mythos 5, its most advanced cybersecurity-focused model, to select U.S. organizations.
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US government has allowed Anthropic to release its powerful Mythos AI model to select companies and organizations, revising license requirements after ordering an export block earlier this month in the wake of national security fears
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An executive at Amazon pushed back against fears that AI will eliminate most jobs, arguing that “wipe out” and “change” are different. According to Fortune, the executive said AI is reshaping work rather than replacing it outright, even as Amazon continues to hire thousands of Gen Z graduates.
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According to The Hollywood Reporter, an increasing number of Hollywood workers are taking jobs training AI models as traditional employment opportunities in the entertainment industry remain limited.
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APPLE SEEKS U.S. APPROVAL TO SOURCE MEMORY CHIPS FROM CHINA’S CXMT: FT
Apple is seeking U.S. government clearance to purchase memory chips from Chinese DRAM maker CXMT, according to the Financial Times.
The move aims to ease supply shortages and rising memory chip costs driven by AI demand.
CXMT is on the Pentagon’s Chinese Military Company blacklist, making the proposal politically sensitive despite no current legal ban on purchases.
If approved, the deal could diversify Apple’s memory supply chain and reduce dependence on Micron, Samsung, and SK Hynix. (https://t.co/Vx4hGylMK9)
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Apple is seeking U.S. government clearance to purchase memory chips from Chinese DRAM maker CXMT, according to the Financial Times.
The move aims to ease supply shortages and rising memory chip costs driven by AI demand.
CXMT is on the Pentagon’s Chinese Military Company blacklist, making the proposal politically sensitive despite no current legal ban on purchases.
If approved, the deal could diversify Apple’s memory supply chain and reduce dependence on Micron, Samsung, and SK Hynix. (https://t.co/Vx4hGylMK9)
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SOUTH KOREAN STOCKS HIT BY SHARP SELLOFF AMID BUBBLE FEARS
South Korean equities suffered a steep decline on Tuesday as investors rushed to book profits.
Analysts cite extreme market concentration, record margin leverage, and unprecedented retail investor optimism as classic signs of a potential market bubble.
The sharp correction has intensified concerns over stretched valuations after the market’s rapid rally.
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South Korean equities suffered a steep decline on Tuesday as investors rushed to book profits.
Analysts cite extreme market concentration, record margin leverage, and unprecedented retail investor optimism as classic signs of a potential market bubble.
The sharp correction has intensified concerns over stretched valuations after the market’s rapid rally.
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U.S. LEVERAGED ETF TRADING HITS RECORD HIGH, SIGNALING SURGING SPECULATIVE ACTIVITY
Trading in U.S.-listed leveraged and inverse ETFs has reached unprecedented levels, with cumulative notional volume soaring to $5.5 trillion, up 50% from the same period in 2025.
Average daily notional trading volume has climbed to ~$45 billion, equivalent to roughly 30% of the sector’s total assets under management (AUM) changing hands every day.
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Trading in U.S.-listed leveraged and inverse ETFs has reached unprecedented levels, with cumulative notional volume soaring to $5.5 trillion, up 50% from the same period in 2025.
Average daily notional trading volume has climbed to ~$45 billion, equivalent to roughly 30% of the sector’s total assets under management (AUM) changing hands every day.
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TEXAS BECOMES FIRST U.S. STATE TO REQUIRE BIBLE READINGS IN PUBLIC SCHOOLS
Texas has become the first U.S. state to mandate Bible passages as part of the required reading curriculum for public school students.
The new statewide reading list, approved by the Texas State Board of Education, will be rolled out in phases beginning in 2030 and will cover more than 5 million students.
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Texas has become the first U.S. state to mandate Bible passages as part of the required reading curriculum for public school students.
The new statewide reading list, approved by the Texas State Board of Education, will be rolled out in phases beginning in 2030 and will cover more than 5 million students.
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UAE URGES PROTECTION OF STRAIT OF HORMUZ IN RARE HIGH-LEVEL CALL WITH IRAN
The UAE held a rare high-level call with Iran, emphasizing the need to safeguard freedom of navigation through the Strait of Hormuz.
Both sides discussed regional stability and the importance of ensuring uninterrupted maritime trade through one of the world’s most critical energy corridors.
The outreach comes amid heightened geopolitical tensions and renewed concerns over the security of global oil and LNG shipments passing through the Strait.
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The UAE held a rare high-level call with Iran, emphasizing the need to safeguard freedom of navigation through the Strait of Hormuz.
Both sides discussed regional stability and the importance of ensuring uninterrupted maritime trade through one of the world’s most critical energy corridors.
The outreach comes amid heightened geopolitical tensions and renewed concerns over the security of global oil and LNG shipments passing through the Strait.
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U.S. EXPANDS BAN ON CHINESE TECH IMPORTS TO INCLUDE LEGACY TELECOM, SURVEILLANCE EQUIPMENT
The U.S. has broadened restrictions on Chinese technology imports, extending the ban to older-generation telecommunications and surveillance equipment.
The expanded measures aim to close regulatory loopholes that previously allowed imports of legacy devices despite national security concerns.
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The U.S. has broadened restrictions on Chinese technology imports, extending the ban to older-generation telecommunications and surveillance equipment.
The expanded measures aim to close regulatory loopholes that previously allowed imports of legacy devices despite national security concerns.
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U.S. State Department: Washington is determined to enhance the capabilities of the Lebanese Armed Forces to enable it to more effectively consolidate its sovereignty
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Iranian media: No damage to Sirik port as a result of the American attack
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POLICE RESPOND TO REPORTED FIRE AT FREEDOM PLAZA STATUE SITE IN WASHINGTON, D.C.
Police responded to Freedom Plaza following reports of a fire involving newly installed statues commissioned under President Donald Trump’s initiative.
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Police responded to Freedom Plaza following reports of a fire involving newly installed statues commissioned under President Donald Trump’s initiative.
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SPACEX, CHARTER IN EXECUTIVE-LEVEL TALKS ON CONSUMER MOBILE PHONE PARTNERSHIP: SOURCES BBG
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