After leader’s funeral, an emboldened Iran tests Trump, risking renewed war; Patriot missile deal and Trump’s praise for Zelensky put...
News and markets
- Global headlines: After leader’s funeral, an emboldened Iran tests Trump, risking renewed war (Iran’s Islamic Revolutionary Guard Corps said the Strait of Hormuz would be closed until further notice, accusing the United States of interfering in the waterway); Patriot missile deal and Trump’s praise for Zelensky put pressure on Russia (The Kremlin downplayed President Donald Trump’s reversal but said it could cause the war to go on longer); and Trump says U.S. and Iran will keep talking but declares ceasefire ‘OVER!’ (The president suggested talks could continue amid military strikes, but analysts say a deeply flawed preliminary truce deal poses obstacles for negotiators).
- Markets leaned higher, with 5 of 7 tracked indexes up; Nikkei 225 up 1.20% was the largest move.
- Benchmarks tracked: S&P 500, NASDAQ Composite, Euronext 100 Index, and Public Joint-Stock Company Moscow Exchange MICEX-RTS plus 3 more indexes.
Hacker News and Product Hunt
- Hacker News: We Know Simple Fluids Can Flow. Turns Out, Some Can Fracture (Researchers thought that what enabled complex fluids to break apart was their elasticity. But a crack in a nonelastic simple fluid has...); Mesh LLM: distributed AI computing on iroh (How Mesh LLM pools existing GPU resources across machines into a single OpenAI-compatible API, built on iroh); and Show HN: Ant – A JavaScript runtime and ecosystem (Run real npm packages and TypeScript - all from a single 9 MB binary. Ant is a lightweight JavaScript runtime built from scratch on its...).
- Product Hunt features Effects SDK (AI video & audio effects SDK for real-time apps), Basedash SCIM (Your org changes. Access keeps up), and Breathing In Labour (A distraction-free breathing app for labor preparation).
Global Headlines
Top stories across selected outlets, presented in a fast daily brief format.
After leader’s funeral, an emboldened Iran tests Trump, risking renewed war
Iran’s Islamic Revolutionary Guard Corps said the Strait of Hormuz would be closed until further notice, accusing the United States of interfering in the waterway.
Patriot missile deal and Trump’s praise for Zelensky put pressure on Russia
The Kremlin downplayed President Donald Trump’s reversal but said it could cause the war to go on longer.
Trump says U.S. and Iran will keep talking but declares ceasefire ‘OVER!’
The president suggested talks could continue amid military strikes, but analysts say a deeply flawed preliminary truce deal poses obstacles for negotiators.
At least 11 people killed as wildfires sweep southern Spain
The deaths in Andalusia included foreign nationals, and high temperatures raised fears of more fires across Europe.
U.S. carries out strikes on Iran in response to attack on ship in Strait of Hormuz
The latest wave of attacks came as Iran declared the vital waterway closed and claimed that it had fired on a vessel attempting to cross what it deemed an unapproved route.
Former emir of Qatar, Sheikh Hamad bin Khalifa Al Thani, dies at 74
This is a breaking news story.
Iran attacks Bahrain, Jordan, Kuwait, Oman and Qatar after US bombings
Iran targets Jordan and Gulf states after US bombs Iranian cities including Bandar Abbas, Sirik and Chabahar
Whistleblower claims Kennedy Center ‘rushed’ renovations to please Trump
Democratic Senator Sheldon Whitehouse details rusting columns, uneven paint and unnecessary demolition under Trump.
US judge dismisses January 6 case against Proud Boys after Trump order
The case is the latest instance of the Trump administration seeking to unravel prosecutions against January 6 rioters.
Thousands gather in Srebrenica to mark 31 years since genocide
Ten newly identified victims were buried as the more than 8,000 Bosnian Muslim men and boys killed were remembered.
Alvarez's 112th-minute goal helps lift Argentina past Switzerland 3-1 and into World Cup semifinals
Julian Alvarez sent defending champion Argentina into the World Cup semifinals with a long-range strike in the 112th minute against Switzerland.
Messi and Argentina survive another close call to reach the World Cup semifinals
Argentina was taken to the brink in its first two knockout games. In Saturday's quarterfinal against Switzerland, the Albiceleste survived again to advance to the semis, where they will face England.
200 young campers rescued as flooding hits parts of Missouri and Kentucky
A historic rainfall event has left communities across several Missouri counties underwater and prompted water rescues, including an evacuation of a summer camp.
US attacks Iran over ship being hit in Strait of Hormuz; Tehran lashes out again at Gulf Arab states
The United States attacked Iran early Sunday morning over an Iranian attack on a vessel in the Strait of Hormuz. Iran apparently responded with strikes targeting Bahrain, Qatar and the United Arab Emirates.
In a nailbiter, England moves on to the World Cup semifinals, defeating Norway 2-1
England's Jude Bellingham has done it again. Scoring both of his team's goals in a thrilling quarterfinal against Norway that needed extra time. It was the first World Cup meeting between the two.
India looks to broaden options
Indian Prime Minister Narendra Modi's recent visits to Indonesia, Australia and New Zealand are aimed at bolstering the nation's ties in the Asia-Pacific region. Amid increasingly complex and strained relations between the United States and India, New Delhi is looking to broaden its development options. Although Modi's visit could help ease near-term economic pressures, it remains unclear whether it will advance the country's long-term strategic goals, experts said.
US divergence sows discord at NATO summit
NATO leaders left Turkiye on Wednesday after reaffirming their commitment to collective defense, but uncertainty now hangs over the alliance following US President Donald Trump's disruptive remarks.
12 killed in southern Spain wildfire
MADRID -- Twelve people were killed in a major wildfire that broke out on Thursday afternoon in Los Gallardos, in Almeria province of Spain's southern Andalusia region, according to the local emergency service.
Region on shaky ground as US, Iran trade attacks
The situation in the Middle East remained on shaky ground after Washington and Tehran traded strikes for the second consecutive night, leaving a trail of casualties and keeping the region on edge with security alerts in Qatar and warning sirens in Kuwait and Bahrain.
Civic groups call for Japan to reflect on wartime past
At a rally held by several Japanese civic groups on Tuesday, participants called on Japan to learn from history and guard against the resurgence of militarism.
Amit Shah assures church leaders that FCRA Bill will not be applied retrospectively
Home Minister Amit Shah assures church leaders that the FCRA Bill will not be applied retrospectively and encourages peace efforts.
Manipur clash bid thwarted by security forces: Police
Security forces in Manipur prevent a potential clash between ethnic groups, thwarting a mob’s advance and containing violence.
Al to assist and not to decide equities: Chief Justice of India Surya Kant
Chief Justice Surya Kant emphasises AI's role as an assistant in justice, warning against its use in decision-making.
Heavy rain triggers landslip scare in Shimla’s Sanjauli, several houses affected
Heavy rain causes landslip fears in Shimla's Sanjauli, affecting homes and prompting demands for action against construction violations.
Pune building collapse: Toll up at 9 as last body recovered; official dubs incident 'act of God'
Pune building collapse death toll rises to nine; official calls incident an 'act of God' amid rescue efforts.
Toronto active shooter incident leaves 5 people injured, 2 dead, police say
Reuters: Toronto active shooter incident leaves 5 people injured, 2 dead, police say.
US says it launched strikes against Iran after attack on Cyprus-flagged container ship
Reuters: US says it launched strikes against Iran after attack on Cyprus-flagged container ship.
US strikes Iran, Tehran says Strait of Hormuz closed, Gulf states hit
Reuters: US strikes Iran, Tehran says Strait of Hormuz closed, Gulf states hit.
Zelenskiy says Ukraine officials will be held accountable for weapons store
Reuters: Zelenskiy says Ukraine officials will be held accountable for weapons store.
Venezuela quakes have killed 4,333, injured 16,740, National Assembly president says
Reuters: Venezuela quakes have killed 4,333, injured 16,740, National Assembly president says.
Market Snapshot
Latest completed sessions across the selected benchmark indexes.
| Index | Region | Session Date | Value | Change | Direction |
|---|---|---|---|---|---|
S&P 500 | US | 2026-07-12 | 7564.44 | 20.80 (0.28%) | Up |
NASDAQ Composite | US | 2026-07-12 | 26285.37 | 78.48 (0.30%) | Up |
Euronext 100 Index | Europe | 2026-07-12 | 1907.86 | -4.88 (-0.26%) | Down |
Public Joint-Stock Company Moscow Exchange MICEX-RTS | Europe | 2026-07-12 | 85.20 | -0.11 (-0.13%) | Down |
HANG SENG INDEX | Asia | 2026-07-12 | 24175.12 | 144.94 (0.60%) | Up |
Nikkei 225 | Asia | 2026-07-12 | 68557.73 | 813.88 (1.20%) | Up |
S&P BSE SENSEX | India | 2026-07-12 | 77569.39 | 827.57 (1.08%) | Up |
Hacker News
Ten notable links from the last day in the Hacker News ecosystem.
We Know Simple Fluids Can Flow. Turns Out, Some Can Fracture
Researchers thought that what enabled complex fluids to break apart was their elasticity. But a crack in a nonelastic simple fluid has them questioning that idea.
Mesh LLM: distributed AI computing on iroh
How Mesh LLM pools existing GPU resources across machines into a single OpenAI-compatible API, built on iroh.
Show HN: Ant – A JavaScript runtime and ecosystem
Run real npm packages and TypeScript - all from a single 9 MB binary. Ant is a lightweight JavaScript runtime built from scratch on its own engine, with a Node-compatible API, a VM-isolated sandbox, and Wasm support built-in.
RISCBoy is an open-source portable games console, designed from scratch
Portable games console, designed from scratch: CPU, graphics, PCB, and the kitchen sink - Wren6991/RISCBoy
What xAI's Grok Build CLI Actually Sends to xAI
What xAI Grok Build CLI actually sends to xAI - a wire-level analysis (grok 0.2.93) - grok-build-cli-wire-analysis.md
A pure scheme web programming tool
The Goeteia homepage renders itself: its Scheme source is compiled to WebAssembly in your browser and mounted live. Edit the source, press Run, and the page below re-renders.
Nvidia, CoreWeave, and Nebius: Inside the Circular Financing of the GPU Boom
Neoclouds are one of the more hotly debated AI business models, with CoreWeave and Nebius being the two most widely recognized names. These companies have seen their sales, backlog, and share prices soar. Yet, supporting their growth is extremely expensive, and neoclouds do not have the same cash nor operating cash flow profiles of Big Tech. This is leading neoclouds to employ unique and circular financing structures, raising some red flags.
A dock that wakes up reliably
For a long time, my top hardware frustration was to deal with a docked laptop that wouldn't wake up. It was sporadic but the scenario would be as follows.
The Energetic Costs of Cellular Computation (2012)
Cells often perform computations in response to environmental cues. A simple example is the classic problem, first considered by Berg and Purcell, of determining the concentration of a chemical ligand in the surrounding media. On general theoretical grounds (Landuer's Principle), it is expected that such computations require cells to consume energy. Here, we explicitly calculate the energetic costs of computing ligand concentration for a simple two-component cellular network that implements a noisy version of the Berg-Purcell strategy. We show that learning about external concentrations necessitates the breaking of detailed balance and consumption of energy, with greater learning requiring more energy. Our calculations suggest that the energetic costs of cellular computation may be an important constraint on networks designed to function in resource poor environments such as the spore germination networks of bacteria.
Under federal rule, colleges must leave grads better off or lose financial aid
If an undergraduate program's graduates don't earn more than workers who never went to college, that program could be cut off from federal student loans. But is a degree just about making more money?
Product Hunt
Featured products from the latest public Product Hunt listings.
Source Notes
Generation details, data coverage, and any partial-source warnings for this edition.