Saturday, June 6, 2026

World

US strikes Iranian radar sites near Strait of Hormuz

The US military shot down four Iranian drones and struck coastal radar installations after the drones threatened maritime traffic near the Strait of Hormuz, escalating a tense standoff that is now straining ceasefire efforts. The exchange marks one of the most direct US-Iran military confrontations in the region in recent memory, with Kuwait also reportedly coming under attack. US Central Command confirmed the operation on social media, citing an "immediate threat to regional maritime traffic."

MarketWill the U.S. invade Iran before 2027?17%

Tech

SpaceX signs $30bn computing deal with Google

SpaceX has locked in a $30 billion agreement to lease computing capacity to Google, a landmark deal that arrives just ahead of what is expected to be a record-breaking IPO for Elon Musk's rockets-to-AI conglomerate. The tie-up signals that SpaceX is now competing seriously in the AI infrastructure market, not just the launch business.

MarketSpaceX IPO closing market cap above $2.2T?42%

Politics

Trump floats US equity stakes in AI companies

Donald Trump has suggested the US government could take equity stakes in AI companies, framing it as a "partnership" model designed to ease public anxiety about artificial intelligence ahead of November's midterm elections. The proposal is vague but signals a potentially significant shift in how Washington might seek to regulate — or profit from — the AI boom.

Politics

Xavier Becerra advances in California governor race

Former Biden cabinet secretary Xavier Becerra has secured a spot in California's November gubernatorial general election after a come-from-behind finish in a crowded primary field. Ballots are still being counted to confirm his opponent, with environmental activist and billionaire Tom Steyer currently the likeliest rival.

MarketWill Xavier Becerra win the California Governor Election in 2026?85%

Economy

US stocks slump on Big Tech fears

Wall Street took a sharp hit as investor anxiety over Big Tech sent the Nasdaq to its largest single-day drop since early 2025. The sell-off comes as Trump simultaneously courts farmers in Wisconsin who are still reeling from tariff pain and the economic fallout of the Iran conflict.