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Mornly

Tuesday, October 6, 2026

Top news

  • South Korea concluded North Korean troops crossed the Military Demarcation Line and planted landmines that exploded in the DMZ on September 21.
  • Saudi-backed Yemeni government forces retook the coast around the Bab el-Mandeb Strait, pushing Iran-backed Houthis out of areas they seized last month.
  • The 2026 Nobel Prize in Physiology or Medicine was awarded to US psychiatrist Karl Deisseroth and German colleagues Peter Hegemann and Georg Nagel for their optogenetics research.

World

  • South Korea's military confirmed North Korean troops planted landmines south of the Military Demarcation Line that detonated on September 21.
  • The crew and passengers of Flydubai Flight 1073 averted an attempt to hijack or crash the aircraft over Saudi Arabia.
  • Flooding in Bangkok and across Thailand has left at least 40 people dead.

Business

  • Nike shares fell 3.6% after reporting fourth-quarter fiscal 2026 revenues of $11.21 billion, missing expectations by 1.65%.
  • Synaptics shares surged 14.1% after ON Semiconductor revised its $5.7 billion acquisition terms.
  • Schneider Electric is making a $22.6 billion bet on industrial software and AI, while Foxconn posted a 47% revenue jump as AI server demand climbs.

Technology

  • OpenAI is testing visual ads inside ChatGPT image generation as weekly users reach 1.2 billion.
  • Foxconn reported better-than-expected quarterly revenue, signaling sustained and elevated spending on global AI infrastructure.
  • Elon Musk announced SpaceXAI will be renamed SpaceXSI following Trump's push to rebrand AI technology as Super Intelligence.

Science

  • Nobel Prize in medicine awarded to three scientists for research on brain mechanisms controlling activity of individual nerve cells.
  • Scientists found that prolonged fasting triggers major body changes, with most interesting effects appearing after about three days without food.
  • Scientists discovered altermagnetism in a tunable material that could enable faster, more energy-efficient computers using electron spin.

Economy

  • US employers added just 29,000 jobs in September as the unemployment rate rose to 4.2%, marking a sharp slowdown in hiring.
  • Federal Reserve Vice Chair Philip Jefferson said the committee may wait for more data before further rate increases while Dallas Fed President Lorie Logan said at least another 50 basis points of tightening was still needed, creating public disagreement.
  • The Federal Reserve raised interest rates for the first time in three years in September to 3.75%-4.00%, with the CME FedWatch survey showing 63% of traders expect another 25 basis point hike by December.

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