First Squawk
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Israeli drone strikes target Nabatiyeh area in southern Lebanon - Lebanese state news agency
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Iranian Supreme Leader's Advisor: Washington violated the first clause of the memorandum of understanding by supporting its Israeli proxy's actions in the region
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Iranian Supreme Leader's Advisor: Washington violated the first clause of the memorandum of understanding by continuing to stir tensions in the Strait of Hormuz
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Iranian Supreme Leader's Advisor: The response to any violation of the memorandum of understanding's provisions will be swift and devastating
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Member of Iran's Assembly for the Discernment of Expediency: Washington violated the first clause of the memorandum by supporting the actions of its Israeli agent
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Member of Iran's Assembly for the Discernment of Expediency: Washington has violated the first clause of the memorandum by continuing to stoke tensions in the Strait of Hormuz
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Member of Iran's Expediency Discernment Council: The response to any violation of the terms of the memorandum of understanding will be swift and devastating.
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German Foreign Minister: The agreement between Israel and Lebanon enhances the security of both countries and opens an opportunity to resolve a conflict that has lasted for decades.
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German Foreign Minister: We support the implementation of the agreement between Israel and Lebanon, and the Lebanese state's monopoly on the use of force is crucial.
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CHINESE HEDGE FUNDS WARN AI ‘SUPER BUBBLE’ NEARS BURSTING POINT

Two prominent Chinese hedge fund managers are warning that the global AI rally has entered a “super bubble” phase and may be approaching a major correction.

Main points from the Bloomberg report shown:

Wealspring Asset says global AI stocks have become a “super bubble” and believes a collapse is possible, even if the exact timing is uncertain.
Shanghai Banxia Investment Management says the conditions for an AI bubble to burst have already emerged.

At least four other Chinese hedge funds have also turned cautious on AI investments.

Their concerns center on:
Extremely rich valuations after the sharp rally in AI-related stocks.
The possibility that many AI infrastructure companies lack durable long-term competitive advantages (economic moats).
Investor expectations that may have become overly optimistic.
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Kuwait condemns the Iranian aggression on Bahraini territories and considers it a dangerous undermining of efforts for peace and stability and a threat to regional security.
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Lebanese House Speaker Warns of the Danger of Sectarian Strife in the Country
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United Arab Emirates strongly condemns the aggressive Iranian attacks on Bahrain using drones.
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United Arab Emirates: The Iranian aggressive attacks represent a blatant violation of Bahrain's sovereignty and a threat to its security and stability.
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Secretary General of the Gulf Cooperation Council strongly condemns the treacherous Iranian attacks on Bahrain using a number of drones.
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United Arab Emirates welcomes the reaching of a trilateral framework agreement under the auspices and support of the United States regarding Lebanon.
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UAE Foreign Ministry affirms support for the Lebanese state's efforts to restrict arms and dismantle terrorist organizations
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Egypt strongly condemns the attacks that targeted Bahrain with drones and affirms its full solidarity with it.
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Iranian TV: Ships seek permits from Iran to cross Hormuz after unauthorized ships faced warning shots
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Iranian TV: Iranian directives for crossing the Strait of Hormuz remain enforced in the strait
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Iranian TV: All ships must communicate and coordinate with the Revolutionary Guard Navy for entry or exit from the Strait of Hormuz
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