Ukraine attacked 21 Russian vessels and refineries over three days, causing fuel shortages and intensifying strikes on energy infrastructure at industrial scale.
Trump said the U.S. will give Ukraine a license to make Patriot air defense systems at the NATO summit.
China successfully landed a reusable rocket for the first time, challenging U.S. dominance in reusable space technology.
World
Ukraine launched drone attacks on 21 vessels and Russian refineries in three days, intensifying strikes on energy infrastructure and causing fuel shortages across Russia.
The United States launched new airstrikes against Iran early Thursday, and Tehran responded by targeting U.S.-allied Mideast countries, raising fears of resuming war.
New suspected cases of Ebola have been reported in parts of Congo that were previously unaffected, signaling the continued spread of the disease beyond the epicenter in Ituri.
Business
SK Hynix opened at $170 on Nasdaq Friday, rising about 14% on its first day of trading, after pricing 177.9 million American depositary shares at $149 each and raising approximately $26.5 billion.
Meta is building a custom silicon chip as part of an effort to add 14GW of total compute capacity in 2026 and 2027, according to an internal memo reviewed by Reuters, with Meta stock ahead almost 6% Friday, extending its weekly gain to more than 14%, the largest weekly advance since February 2024.
S&P downgraded Oracle to BBB-, the lowest investment grade rating, citing concerns around its business model and spending plans facing rising capex requirements and uncertain profitability.
Technology
SK Hynix raised $26.5 billion in its U.S. debut, marking the largest foreign listing in American history, and committed $8.6 billion to acquire advanced EUV lithography equipment from ASML.
Micron Technology raised its U.S. investment through 2035 to more than $250 billion, up from its previous plan of $170 billion.
OpenAI launched ChatGPT Work while Anthropic simultaneously rolled out Claude Cowork for mobile and web on July 9.
Science
Scientists identified new clues to spot Dyson spheres by studying red dwarfs and white dwarfs as promising candidates.
University of Birmingham physicists created a tiny universe using 24,000 ultracold atoms, showing time can emerge naturally from quantum changes.
A next-generation pesticide called sulfoxaflor is interfering with bumblebee reproductive health through altered gene activity.
Economy
Job creation added just 57,000 in June with unemployment holding at 4.2 percent, both little changed.
Inflation rose to 4.2 percent in May from 3.8 percent in April, continuing upward pressure on prices.
Markets now expect one to two Fed rate hikes before year-end, a dramatic shift from earlier expectations of two rate cuts.
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