Nightly News - Fri July 10 2026
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Khamenei Buried in Mashhad Early Friday — U.S.-Iran Strikes Continue as Diplomacy Runs Parallel Behind the Scenes
Ayatollah Khamenei was buried at the Imam Reza Shrine in Mashhad overnight, completing a week of funeral processions; U.S.-Iran strikes are continuing, though a U.S. official said negotiators are still meeting behind the scenes to avoid further escalation.
Sources: Al Jazeera · Fox News · AP · Jerusalem Post
Israel Shared Intelligence With U.S. That Iran May Be Planning Trump Assassination — WSJ Exclusive
The Wall Street Journal reported Israel recently provided the U.S. with intelligence indicating Iran was considering a new plot to assassinate President Trump; Trump acknowledged he is "on every list" of Iranian targets, adding "I guess I've been a little bit lucky."
Sources: Wall Street Journal · Fox News
Housing Bill Becomes Law Automatically at Midnight — Trump Refused to Sign, Says He Won't Veto Either
The 21st Century ROAD to Housing Act became law Friday night automatically after Trump declined to sign it and said he would not veto it; Trump had conditioned his signature on passage of unrelated voter-ID legislation that lacked sufficient support.
Sources: CNBC · CNN · AP · WTOP
Iran Files Formal Complaint With UN Security Council Over U.S. Strikes — Calls Attacks a "War Crime"
Iran's political leaders condemned the renewed U.S. strikes as a "war crime" and launched a formal complaint with the UN Security Council and Secretary-General; Iran's parliament speaker warned the U.S. that "bullying and breaking promises are no longer cost-free."
Sources: Al Jazeera · CNN
U.S. Struck Nuclear Plant Perimeter Near Bushehr — Washington Has Not Confirmed the Attacks
Iranian state media reported U.S. strikes hit the perimeter of the Bushehr nuclear power plant and a nearby military facility; the U.S. said it was not currently conducting strikes, while Israeli officials said they had no involvement.
Sources: CNN · IRNA · Al Jazeera
World
Iran Fires 10 Ballistic Missiles at U.S. Military Base in Northern Jordan — Jordanian Air Defense Intercepts
Iran said it fired 10 ballistic missiles at a U.S. military base in northern Jordan; the Jordanian government confirmed it intercepted Iranian missiles that breached its airspace and triggered air raid sirens across the country.
Sources: CNN · AP · RFE/RL
Strait of Hormuz Traffic Drops Again — IEA Forecasts First Annual Oil Demand Decline Since 2020
Shipping traffic through the Strait of Hormuz dropped sharply again this week as strikes resumed; the IEA projected global oil demand will fall in 2026, the first annual decline since the Covid-19 pandemic, citing economic headwinds and the Iran conflict's impact.
Sources: CNBC · The Street · IEA
Iraq Moves Closer to Washington on Diplomacy — Baghdad Seeks Role as U.S.-Iran Intermediary
Iraq is stepping up economic and diplomatic cooperation with Washington and seeking a formal role as a mediating party between the U.S. and Iran, as regional states jockey for position amid the ongoing conflict.
Sources: Fox News · AP
China Blocks Helium Exports — Key Chipmaking Input Squeezed as Iran War Strains Supplies
China moved to block exports of helium, a critical input for semiconductor manufacturing, as the Iran war adds pressure to an already tight global supply chain; chipmakers and tech companies flagged the action as a new risk to AI infrastructure buildout.
Sources: AP · CNBC
Technology
SK Hynix Nasdaq Debut Pops 14% — Raises Record $26.5B in Largest-Ever U.S. IPO by a Foreign Company
SK Hynix opened at $170 per share on the Nasdaq Friday, a 14% pop from its $149 IPO price, after raising $26.5 billion in the largest-ever U.S. listing by a foreign company, surpassing Alibaba's 2014 record; the AI memory chipmaker holds more than 56% of the global high-bandwidth memory market.
Sources: Reuters · Al Jazeera · Forbes · CNBC
Netflix Drops 3.2% on Report It Is Considering Live TV Channels Amid Signs of Weakening Subscriber Engagement
Netflix shares fell 3.2% Friday after the Wall Street Journal reported the company is exploring live television channels and expanded bundles as executives address declining engagement, even as profits grow; shares are down 22% year to date.
Sources: Wall Street Journal · The Street
Micron Boosts U.S. Investment Plan to $250B Through 2035 — AI Memory Demand Driving Expansion
Micron Technology raised its U.S. investment commitment to more than $250 billion through 2035, up from a prior plan of $200 billion, citing surging AI-driven demand for high-bandwidth memory; the company is constructing what it calls the largest semiconductor manufacturing site in U.S. history in central New York.
Sources: Reuters · Yahoo Finance
Meta Faces EU Breach Finding Over Instagram and Facebook "Addictive" Design — Preliminary DSA Ruling
EU regulators issued preliminary findings that Meta's addictive design features on Instagram and Facebook breach the Digital Services Act; the finding could result in significant fines and mandatory design changes across Meta's platforms.
Sources: The Street · Reuters
Business & Markets
Markets Steady for Fourth Winning Week in Five — S&P Up 0.1%, Dow +65, Brent Crude Eases to $76.47
Wall Street drifted to a quiet weekly close Friday with the S&P 500 up 0.1% and on pace for its fourth winning week in five; Brent crude eased to $76.47 a barrel, above $72 from the start of the week but well below the wartime peak near $120.
Sources: AP · WTOP · Bloomberg · Fortune
Delta Air Lines Beats Q2 Estimates at $1.56 EPS — Affirms Full-Year Guidance, Flags Record $4.4B Fuel Quarter
Delta reported Q2 adjusted EPS of $1.56, beating analyst estimates of $1.48, with revenue up 14% on broad demand strength; the airline absorbed its highest-ever quarterly fuel expense of $4.4 billion and affirmed full-year guidance of $6.50–$7.50 per share.
Sources: Delta IR · Reuters · Alphastreet
30-Year Mortgage Rate Stuck at 6.49% — Housing Bill Now Law but Analysts Say Relief Is Years Away
The average 30-year fixed mortgage rate held at 6.49% this week per Freddie Mac, near the year's highest levels, as the Iran war keeps bond yields elevated; existing home sales fell 2.4% in June, a setback for the spring buying season.
Sources: CNN · Freddie Mac · NAR
Big Bank Earnings Begin Tuesday — JPMorgan, Goldman, BofA, Wells Fargo, Citi All Report July 14
The first major wave of Q2 earnings arrives Tuesday when JPMorgan, Goldman Sachs, Bank of America, Wells Fargo, and Citigroup all report; investors will focus on net interest income, loan loss provisions, and guidance amid elevated rates and geopolitical uncertainty.
Sources: CNBC · Schwab · BNN Bloomberg
Science & Health
Massive Heat Dome Now Covering Two-Thirds of the U.S. — Forecasters Warn 90+ Local Records Could Fall Through Wednesday
A sprawling heat dome parked over the Northern Plains is expected to cover as much as two-thirds of the contiguous U.S., with the NWS warning more than 90 local temperature records could be tied or broken through Wednesday; temperatures 15–25°F above normal are forecast across the Rockies, Plains, Midwest, and eventually the East.
Sources: AP · NWS · Washington Post · Weather.com
Record Overnight Heat Forecast for Gulf Coast Saturday — Lows Above 80°F in Miami, Tampa, Galveston, Charleston
The NWS is predicting record-shattering nighttime temperatures across the Gulf Coast Saturday, with lows not falling below 80°F in Miami, Tampa, Galveston, and Charleston; high humidity is expected to produce heat indices of 105–115°F across the Plains and Midwest early next week.
Sources: NWS · AP · AccuWeather
Sports
France 2–0 Morocco — Mbappé Scores His 8th, Dembélé Adds Second as Les Bleus Advance to Semifinals
France eliminated Morocco Thursday at Gillette Stadium with a 2–0 win matching the exact scoreline of their 2022 semifinal; Mbappé scored his 8th goal after missing a first-half penalty and now co-leads the Golden Boot race with Messi, while Dembélé added the second in the 66th minute.
Sources: FIFA · Al Jazeera · NPR · CNN
Spain vs. Belgium — 1–1 at Halftime at SoFi Stadium, Live in Los Angeles
Spain's Fabián Ruiz opened scoring in the 30th minute, but Belgium equalized through De Ketelaere's header in the 41st — the first goal Spain has conceded all tournament; Belgium captain Tielemans was scratched with a warmup injury, replaced by Vanaken.
Sources: ESPN · CNN · NBC News · FIFA
Norway vs. England and Argentina vs. Switzerland Saturday — Dallas Semifinals July 14
Norway faces England in Miami at 5 p.m. ET Saturday, and Argentina meets Switzerland in Kansas City at 9 p.m. ET; winners from both today's Spain-Belgium match and Saturday's games meet in the Dallas semifinal on July 14.
Sources: ESPN · FIFA · Sky Sports
Entertainment
Netflix Down 22% Year to Date as WSJ Report Flags Engagement Concerns — Live TV Channels Under Consideration
Netflix's stock slide accelerated Friday after the WSJ reported the company is internally concerned about weakening subscriber engagement and is exploring live TV channels and expanded bundles as a strategic response; shares have lost nearly 42% from a year ago.
Sources: Wall Street Journal · The Street
World Cup Drives Unprecedented Media Revenue — Fox, Telemundo Reporting Record Viewership Across Linear and Streaming
Fox and NBCUniversal's Telemundo are reporting record-breaking combined viewership for the 2026 World Cup across linear television and streaming platforms, with the France-Morocco quarterfinal drawing the largest soccer audience in U.S. history.
Sources: Fox · NBC · CNBC
Emmy Race Heats Up — Streaming Platforms Dominate Nominations as Broadcast Networks See Continued Decline
Following Thursday's Emmy nominations, industry analysts noted streaming platforms — led by Apple TV+, Netflix, and HBO — claimed the vast majority of top-category slots, with broadcast networks recording their lowest nomination totals in Emmy history.
Sources: Hollywood Reporter · Further and Better
Weather
Second Major Heat Dome of Summer Expanding Across Central U.S. — Heat and Fire Weather Alerts for 33 Million; Records at Risk From Rockies to Plains
A large, strong heat dome is parked over the Northern Plains with heat and fire weather alerts affecting 33 million people; forecasters expect record triple-digit highs this weekend across Nevada, Utah, Colorado, Wyoming, Montana, and the Dakotas, with the heat dome shifting east through the Midwest and potentially coast-to-coast by mid-next week.
Sources: NWS · Washington Post · AP · AccuWeather
Coming Up
Weekend Watch: Spain vs. Belgium Final Result · Norway vs. England (5 p.m. ET Sat.) · Argentina vs. Switzerland (9 p.m. ET Sat.) · Iran Situation Overnight · Big Bank Earnings Tuesday July 14 · Dallas World Cup Semifinal July 14
Tonight's Spain-Belgium result sets the Dallas semifinal bracket; Saturday brings Norway-England and Argentina-Switzerland; the biggest week of the summer opens Tuesday with all five major bank earnings, June CPI, Fed Chair Warsh testimony to Congress, and the World Cup's first semifinal in Dallas.
Sources: Daily Tech Reader
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