Israeli Prime Minister Benjamin Netanyahu accused New York City Mayor Zohran Mamdani of "fomenting hate" after Mamdani called for Netanyahu's arrest under the International Criminal Court's war-crimes warrant. Netanyahu called the charges "bogus" and vowed to attend a UN gathering in New York this fall. Mamdani had walked back the threat, acknowledging he lacked legal power to make an arrest.
Bloomberg's Mark Gurman reported that Apple's next Apple Watch lineup, expected in September, will include the Series 12 and Ultra 4 with upgraded specs but no design overhaul. Coverage said a rumoured Touch ID sensor is unlikely this cycle, and that a bigger redesign could be a year or more away.
The Financial Times reported that Chinese memory chipmaker CXMT surged almost 500% on its trading debut, the mainland's biggest IPO since 2010. Coverage tied the jump to booming demand for AI memory semiconductors. Investing.com noted Asian stocks advanced broadly as the debut coincided with a pause in US-Iran attacks.
American rookie Jackson Koivun, 21, won the 3M Open in Minnesota for his first PGA Tour title in only his third start as a professional. Reports said he finished at 25 under par, three strokes clear of world number one Scottie Scheffler, who closed with a 63 to take second place.
Firefighters battled to contain wildfires still burning near Bordeaux, with the BBC reporting that more than 330,000 people had been evacuated across France and Spain. Spanish Prime Minister Pedro Sánchez said Spain was suffering the effects of the climate crisis; reports said blazes near Madrid were being brought under control while windy conditions hampered efforts near Bordeaux.
The Wall Street Journal reported that US companies are shifting from what it called "tokenmaxxing" to "thrift-maxxing," blending cheaper Chinese models with those from OpenAI and Anthropic to lower costs. The report said the trend is changing how businesses buy AI and could pressure the leading labs' valuations ahead of potential public offerings.
Oil prices fell more than 4% and US stock-index futures rallied on Sunday as the United States and Iran paused hostilities, according to reports. Brent had topped $100 a barrel during two weeks of escalation. Fortune noted Iran and Oman were in talks over Strait of Hormuz transit, as Wall Street awaited the Fed meeting and Big Tech earnings.
Slovenia's Tadej Pogacar won the Tour de France for a fifth time, equalling the record shared by Jacques Anquetil, Eddy Merckx, Bernard Hinault and Miguel Indurain. Reports said it was his third consecutive title, sealed after a shortened, rain-affected final stage into Paris that produced some late drama.
Police shot and killed Abdul Ballout, 21, the suspect in an attack near Berlin's Pride festival, after he reportedly rushed at officers with a knife in the Spandau district, officials said. Authorities described the van-and-knife attack, which killed one person and injured 29, as Islamist terrorism. Earlier reports had cited a lower casualty count during the manhunt.
Citing Dealroom data, the Financial Times reported that defence contractors including Lockheed Martin have taken part in a record $4.1bn of venture rounds so far this year. The report tied the surge to drones and autonomous systems reshaping the battlefield and drawing established primes into startup investing.