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Mornly

Sunday, July 19, 2026

Top news

  • U.S. launches 8th night of strikes on Iran after Iranian attack kills 2 U.S. soldiers, with another currently missing in action.
  • United States and Iran exchanged strikes aimed at infrastructure and military targets on Saturday as their battle over the Strait of Hormuz intensified.
  • UK PM Keir Starmer resigns and Trump-backed de la Espriella wins preliminary count in Colombian presidential runoff.

World

  • The United States and Iran exchanged strikes on Saturday targeting infrastructure and military targets as their battle over the Strait of Hormuz intensified, with two U.S. service members killed in an Iranian attack.
  • UK Prime Minister Keir Starmer resigned and Trump-backed candidate de la Espriella won the preliminary count in Colombia's presidential runoff.
  • Hundreds protested in Kyiv after President Zelenskyy moved to fire his popular defense minister as part of a major government reshuffle.

Business

  • Semiconductor stocks hit a bear market as investors questioned whether AI spending spree valuations are justified, with the group posting its worst week since April 2025.
  • Meta is in talks to rent computing power to Anthropic in a deal that could be worth as much as $10 billion, with Anthropic having proposed the agreement in June.
  • Swedish defense company Saab beat earnings expectations in the second quarter as booming demand for military equipment boosted backlog to 317.7 billion Swedish crowns.

Technology

  • OpenAI rolled out GPT-Live voice models, enabling simultaneous listening and speaking in ChatGPT for more natural, real-time interactions.
  • Google delayed the broader release of Gemini 3.5 Pro by several months after internal testing revealed the system fell short in coding performance and complex reasoning tasks.
  • Palantir, Oracle, Salesforce and other technology companies have increased spending on executive protection amid growing hostility toward tech firms.

Science

  • Scientists found evidence that a major Cascadia earthquake could trigger a second quake on the San Andreas Fault, discovered from unusual sediment layers formed by underwater landslides.
  • A large laboratory study found that many commonly used sweeteners can directly change the growth of gut bacteria.
  • A drug originally developed for spinal cord injury, KCL-286, may offer a fresh approach to treating Alzheimer's disease, in mouse studies repairing DNA damage and reducing inflammation.

Economy

  • Inflation fell to 3.5 percent in June from 4.2 percent in May 2026, marking the first decline in five months as energy costs declined from 23.5 percent to 15.7 percent after ceasefire between US and Iran.
  • Hiring came in at 57,000 in June, below consensus expectations of 110,000, but unemployment rate ticked down from 4.3 percent to 4.2 percent as existing workers found jobs.
  • Federal Reserve kept target range for federal funds rate at 3.50 percent to 3.75 percent at its June meeting with new Chair Kevin Warsh emphasizing near-term focus on price stability.

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