Global markets rallied and oil prices dropped after Trump suggested the Iran war will wind down, even as the Bank of England warned of intensifying risks to the financial system, and the UAE pushed to secure the Strait of Hormuz while France investigated Iranian links to a thwarted Bank of America attack.
NASA successfully launched Artemis II, its first crewed moon mission in decades, while Elon Musk's SpaceX initiated the process for a potentially historic IPO, and Amazon explored acquiring Globalstar to compete with Starlink.
Nike's stock tumbled following a sales decline forecast driven by its China market, while Intel made a **$14 billion deal to reclaim an Irish chip plant, and a McCormick-Unilever food unit merger created a spice giant, contributing to a record quarter for megadeals**.
Gmail users gained the ability to change usernames, while active social media use dropped in the UK amid growing online caution, and Baidu's robotaxis experienced system failures in Wuhan, stranding travelers.
Eli Lilly gained US approval for a new weight-loss pill, intensifying competition in the obesity drug market, while a costly autism therapy firm was forced to close after Medicaid exclusion.
The US Supreme Court questioned Trump's challenge to birthright citizenship, a UK submarine captain stepped down amid a Chinese spy probe, and Hungary returned only a fraction of EU fraud-flagged funds.
Australia leveraged its LNG exports to weather an energy shock, the US secured rare earths supply with a Brazil mining loan, and the Fed appeared to be vacillating amid the ongoing war.
GM reported a sharp decline in car sales, reflecting a sputtering auto industry burdened by high prices and the emergence of an EV Rust Belt in the US.
UK borrowers faced a significant mortgage 'shock' as five-year fixes matured, while discussions emerged about the realism of retraining as a plumber given AI's impact on white-collar jobs.