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Mornly

Tuesday, August 11, 2026

Top news

  • Russian forces launched 11 missiles and up to 100 unmanned aerial vehicles including jet-powered models and loitering munitions in overnight attacks.
  • A report details approximately 70 allegations of sexual abuse by nearly 50 adults connected to Interlochen boarding school.
  • At least 11 people were killed in three separate shootings in the Cape Town metropolitan area, South African police said.

World

  • A Ukrainian drone attack on the Russian city of Nizhnekamsk killed at least 13 people, including a child and eight Central Asian nationals, while 39 others were wounded.
  • Iran appointed former IRGC commander Mohsen Rezaee to lead its top security body as Tehran says talks with Oman on restoring shipping through the Strait of Hormuz are nearing a deal.
  • Brasilia requested the recall of Argentina's ambassador and reduced diplomatic representation to Charge d'Affaires level as Argentine President Javier Milei called President Luiz Inacio Lula da Silva a thief.

Business

  • MarineMax soared 46% after agreeing to be sold to Blackstone Infrastructure's Safe Harbor Marinas for $53 a share in cash, or $1.5 billion.
  • Varex Imaging climbed 48% after Teledyne Technologies agreed to buy Varex for $18.90 a share in cash.
  • Intel shed more than 3% in premarket trading after announcing a common stock offering of $15 billion, with plans to use money for general corporate purposes including capital expenditures and working capital.

Technology

  • Meta released a 30-billion-parameter AI agent running on a single GPU while Intel raised $15 billion to compete in the AI boom.
  • TSMC's July sales jumped 45% as demand for advanced chips keeps climbing, with South Korea investing billions in its semiconductor supply chain.
  • Google confirmed its August 12 Made by Google event in New York, where the Pixel 11 family is expected.

Science

  • A total solar eclipse will plunge parts of Europe into darkness on August 12, with Spain offering some of the best views.
  • NASA engineers have found a way to extend Voyager 2's operational life nearly 50 years after launch.
  • Scientists directly observed a 150-year-old predicted solar phenomenon that could explain why the sun's atmosphere is far hotter than its surface.

Economy

  • Nonfarm payrolls fell by 23,000 in July, mostly from state and local job losses, marking a weak jobs report.
  • Annual inflation fell to 3.5% in June 2026, the first decline in five months, as energy costs eased following the US-Iran ceasefire.
  • The Federal Reserve voted 9-3 in July to hold interest rates at 3.5%-3.75%, with three regional presidents dissenting to push for a rate hike as inflation remains elevated.

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