Plus, Broadway's Tony Awards winners.

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Daily Briefing

Daily Briefing

By Claire Beers

Hello. Israel and Iran have attacked each other for the first time since the ceasefire, a 7.8 magnitude earthquake strikes off southern Philippines and tumbling tech puts the brakes on the AI rally.

Plus, ‘Schmigadoon!’ wins best musical on Broadway's biggest night.

Today's Top News

 

Israeli settlers stand next to part of a missile protruding from the ground, following strikes from Iran, in the central Israeli-occupied West Bank. REUTERS/Naama Stern

War in the Middle East

  • Israel said it hit a petrochemical plant in Iran's southwest, along with strikes elsewhere on military targets, in the first hit on an energy site inside Iran since the April 8 ceasefire. Follow our live page for the latest.
  • The strike came after Iran launched missiles at Israel in retaliation for Israel hitting Lebanese targets over the weekend, defying pressure from US President Donald Trump who insists he's the one calling the shots on how Israel responds. The Reuters World News podcast breaks down the rift between the two allies.

In other news

  • At least 32 people are feared dead in the southern Philippines after a powerful magnitude 7.8 earthquake struck off the island of Mindanao, triggering tsunami warnings across several countries.
  • The leaders of Britain, Germany and France said they supported a proposal for talks between Ukrainian President Volodymyr Zelenskiy and Russian President Vladimir Putin to try to secure a ceasefire, and Europe would play a role.
  • Iran’s national soccer team arrived in Tijuana ahead of three World Cup matches in the United States, amid tensions that have turned the world’s biggest sporting event into a soft-power contest between the warring countries.
  • Ties between China and North Korea are at a "new historical starting point", President Xi Jinping said as he arrived in ‌Pyongyang for a rare summit with leader Kim Jong Un.
  • Over a million people filled the streets near one of Madrid's main squares to join Pope Leo for an outdoor Mass, likely to be the largest event of his week-long visit to Spain.
 

Business & Markets

 

A pedestrian stands in front of a stock quotation board showing the Nikkei share average outside a brokerage in Tokyo, Japan. REUTERS/Kim Kyung-Hoon

  • Global stocks declined as fresh hostilities in the Middle East pushed up oil prices and as investors rushed out of the hottest AI-linked shares on fears that the bull run has gone too far, too fast.
  • SpaceX's long-awaited initial public offering, expected to fetch a $1.75 trillion valuation, has set off a frenzy among retail investors clamoring for a share of Elon Musk's rocket, satellite and AI empire.
  • Nvidia announced a series of deals in South Korea with tech giants, including SK Hynix and ‌Naver, as it looks to secure crucial memory chips to power its AI ambitions and entice new customers.
  • Workers, unions and politicians voiced concerns over job losses and industry consolidation on the first show of a three-city “Main Street vs. The Merger” tour to oppose Paramount Skydance's plan to absorb Warner Bros. Discovery.
  • Just three ‌large Asian tech firms, TSMC, Samsung and Korean chipmaker SK Hynix, now account for almost a third of MSCI's Asia Pacific ex-Japan Index, creating concentration risks that many active portfolio rules deem too high.
 

Epstein abused them. The Justice Department exposed them. Now they’re under attack

 

Jena‑Lisa Jones says a wave of harassment followed after she spoke out about Epstein, including a message urging her to kill herself. REUTERS/Maria Alejandra Cardona

For at least 23 women who accused Jeffrey Epstein of sexual abuse, speaking out or having their identities exposed in the Justice Department’s Epstein files has brought a new trauma: threats, harassment and intimidation.

Four of Epstein's accusers told Reuters that they reported threats to police, but that didn’t lead to prosecutions because authorities couldn’t identify suspects or determine whether a crime had occurred, according to the women and police records.

One case remains under active investigation, police said. Other women said they chose not to contact law enforcement, citing distrust rooted in what they saw as past failures to act on their abuse claims.

Read our special report
 

And Finally...

Producer Lorne Michaels receives Best Musical award for Schmigadoon! during the 79th Annual Tony Awards. REUTERS/Brendan Mcdermid

“Schmigadoon!” won the Tony Award for best musical, while more socially driven works dominated other top categories, with “Liberation” taking best play, “Ragtime” best musical revival and John Lithgow ‌best leading actor for “Giant.”