First Squawk
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SOUTH KOREA’S BEAR MARKET SHOWS NO SIGNS OF EASING AS FOREIGN SELLING & RETAIL LOSSES MOUNT
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U.S. INVESTOR LEVERAGE HITS RECORD HIGH AS NET CREDIT BALANCE PLUNGES TO ALL-TIME LOW

U.S. investors are more leveraged than ever, with net credit balance—cash balances minus margin debt—falling to a record -$992 billion in May 2026. The historic deficit highlights growing reliance on borrowed funds to finance stock purchases, increasing the risk of amplified market volatility and forced selling if sentiment weakens.
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WIRECARD SHORT SELLER FAHMI QUADIR REINVENTS CAREER AFTER YEARS OF TARGETING CORPORATE FRAUD

Prominent short seller Fahmi Quadir, known for exposing companies including Wirecard, is reinventing her career after years spent identifying corporate fraud and betting against overvalued firms, marking a new chapter beyond activist short selling.
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U.S. DATE NIGHT COSTS HIT RECORD $189, YOUNG AMERICANS OPT FOR $7 COFFEE DATES

The average cost of a date night in the U.S. has climbed to $189, prompting many younger Americans to replace traditional dinner outings with $7 coffee dates as rising living costs reshape dating habits.
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Jordan’s armed forces say they sustained no casualties and suffered no equipment damage.
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Jordan’s military intercepted 10 missiles fired from Iran, according to a report by the Jordanian news agency.
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NASA's FIRMS is showing a large fire at Muwaffaq Salti Air Base in Jordan after numerous ballistic missile impacts at the U.S. base. - WSN
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Hitachi Energy Enters eVTOL Charging Market With New Deal; Valuation Shows 22% Upside Potential - YAHOO
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U.S. missiles targeted Jask energy facilities and water desalination pumps, Iranian media reports.
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Europe Plans €2.2 Trillion Spending Surge on Electrification and Artificial Intelligence Through 2035
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Oil depot, warehouse in Moscow Oblast reportedly set ablaze by Ukrainian drones - KYIV INDEPENDENT
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Japanese Officials Face Questions Over Costly Travel and Political Expenditures
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Israeli Channel 12: Lebanese Army begins deployment in the first trial areas of southern Lebanon agreed upon with Israel during Washington talks.
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Japan Invests $2.4 Billion in Nvidia Chips for Humanoid Robotics - Zerohedge
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U.S. NATIONAL DEBT SWELLS BY $11 TRILLION UNDER TRUMP, INCLUDING $3.3 TRILLION SINCE RETURN TO OFFICE

The U.S. national debt has reportedly increased by $11 trillion during Donald Trump’s time in office, accounting for about 28% of the current $39.5 trillion federal debt. Of that, approximately $3.3 trillion has been added in the first 18 months since his return to office, highlighting the rapid pace of federal borrowing.
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TOP 1% OF AMERICANS NOW HOLD MORE WEALTH THAN THE ENTIRE U.S. MIDDLE CLASS COMBINED

Wealth concentration in the United States has reached a historic level, with the richest 1% of Americans now owning more wealth than the entire U.S. middle class combined, highlighting the widening gap in household wealth distribution.
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Meta, Anthropic in talks for potential $10 billion compute lease deal - ET
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Iran Conflict Escalates as U.S. Widens Strikes and Gulf Shipping Through Hormuz Slows
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Grab's digital bank narrows loss on corporate lending push - NA
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Iranian state TV cites army statement saying U.S. military sites and fuel tanks in Bahrain were targeted.
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Vietnam exam scandal exposes pressures driving school corruption - NA
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