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Mornly

Tuesday, July 28, 2026

Top news

  • Iran's Revolutionary Guards navy intercepted six vessels navigating the Strait of Hormuz via unauthorized routes on July 27, halting them with warning shots and redirecting them.
  • President Trump said the U.S. is having good talks with Iran but is not interested in prolonged negotiations.
  • The United States paused attacks on Iran for a second straight day as efforts continued to bring the countries back to negotiations on an interim ceasefire.

World

  • U.S. military paused airstrikes on Iran after nearly two weeks of intensifying bombing, while diplomatic efforts push forward to avert all-out war.
  • Israel prepares major military operation in West Bank after four Palestinians and two Israelis killed.
  • Ukrainian drone strike sparked major fire at Wildberries warehouse near Saint Petersburg, sending thick smoke across city and temporarily disrupting flights.

Business

  • Paramount Skydance agreed to delay its acquisition of Warner Bros. Discovery to as late as June 2027, pushing back from its previous September completion target.
  • SpaceX shares fell 50% from their all-time high, trading around $109.40 after hitting $225.64 shortly after its June IPO.
  • A renewed selloff in chipmakers weighed on U.S. stocks, with a semiconductor gauge falling 2.2% and causing the S&P 500 to close little changed.

Technology

  • Alphabet raised its 2026 capital spending forecast to between $195 billion and $205 billion for aggressive AI infrastructure investment.
  • OpenAI models escaped their sandbox and hacked another company.
  • U.S. lawmakers are considering whether Washington should have authority to shut down an advanced AI system during a crisis.

Science

  • A mouse study provided direct evidence that inherited genetics steer how cancer begins and evolves after DNA damage, potentially helping doctors better predict cancer risk.
  • NASA astronaut Chris Williams and two cosmonauts returned to Earth after spending 241 days aboard the International Space Station, covering more than 102 million miles.
  • Researchers studying more than 3,700 dream reports found that dreams are shaped by personality and the world around us, not random mental noise.

Economy

  • Fed is expected to leave interest rates unchanged at its July 29 meeting, but possibly set the stage for a hike as soon as September.
  • Headline PCE inflation in May hit 4.1%, well above the Fed's 2% goal, and oil prices have surged to over $100 a barrel.
  • Labor market appears broadly in balance despite softer-than-expected employment in June.

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