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Trump vows to respond after Iran shoots down US helicopter

US President Donald Trump has accused Iran of shooting down a US Army AH-64 Apache helicopter over the Strait of Hormuz and vowed retaliation. The incident marks a sharp escalation in military tensions, occurring shortly after Trump indicated that negotiations to end the Middle East war were in their final stages. The accusation followed a summit in Beijing with Chinese President Xi Jinping, where discussions covered trade, artificial intelligence, and regional security. In Tehran, locals express deep scepticism regarding interim agreements amid hyperinflation and military uncertainty. The specific circumstances of the downing remain unverified, and the exact status of the peace negotiations is unclear given the immediate escalation.

2 storiessecurity

US conducts 'self-defence' strikes on Iranian targets amid ceasefire talks

On Monday, 26 May 2026, US forces conducted strikes on missile sites and vessels in southern Iran, citing self-defence against threats from Iranian forces, according to United States Central Command. The attacks targeted boats allegedly attempting to lay naval mines and missile launch sites. This military action occurred as Iranian negotiators arrived in Doha for high-stakes talks aimed at ending a three-month-long conflict between the United States and Iran. The strikes threaten a fragile ceasefire that began on 8 April 2026. Despite the escalation, oil prices fell below US$100 a barrel on Tuesday, with investors expressing optimism regarding a potential deal to reopen the Strait of Hormuz, which has been disrupted for three months. Simultaneously, US President Donald Trump is in Beijing for a two-day summit with Chinese President Xi Jinping, the first such visit since 2017, covering trade, artificial intelligence, and Strait of Hormuz tensions.

2 storiesmarkets

Trump and Xi hold summit in Beijing amid trade, AI, and Iran tensions

US stock markets rose on Thursday as President Donald Trump and Chinese President Xi Jinping commenced a two-day summit in Beijing, marking the first visit by an American president to China since 2017. The Dow Jones Industrial Average gained 0.8%, the S&P 500 rose 0.3%, and the Nasdaq Composite climbed 0.2%. Nvidia shares surged more than 2% following news that the US approved H200 chip sales to Chinese firms, although the long-term impact on export control policies remains uncertain. The summit agenda includes trade, artificial intelligence, and the Strait of Hormuz, with US CEOs including Elon Musk, Tim Cook, and Jensen Huang in attendance. Separately, Cisco shares jumped after reporting strong quarterly earnings and announcing a restructuring plan involving approximately 4,000 job cuts.

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Trump vows to respond after Iran shoots down US helicopter: key questions

What is the significance of the recent Beijing summit? It was the first visit by an American president to China since 2017, featuring discussions on trade, AI, and Strait of Hormuz security. Which US business leaders attended the Beijing summit? Elon Musk, Tim Cook, and Jensen Hu

event brief

Trump vows to respond after Iran shoots down US helicopter

US President Donald Trump has accused Iran of shooting down a US Army AH-64 Apache helicopter over the Strait of Hormuz and vowed retaliation. The incident marks a sharp escalation in military tensions, occurring shortly after Trump indicated that negotiations to end the Middle E

event brief

US conducts 'self-defence' strikes on Iranian targets amid ceasefire talks

On Monday, 26 May 2026, US forces conducted strikes on missile sites and vessels in southern Iran, citing self-defence against threats from Iranian forces, according to United States Central Command. The attacks targeted boats allegedly attempting to lay naval mines and missile l

faq brief

Trump and Xi hold summit in Beijing amid trade, AI, and Iran tensions: key questions

What was the first visit by an American president to China since? 2017 Which US CEOs are attending the Beijing summit? Elon Musk, Tim Cook, and Jensen Huang What topics are on the summit agenda? Trade, artificial intelligence, and the Strait of Hormuz How much did Nvidia shares s

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Trump faces strategic impasse as Gulf tensions escalate

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Harris Oakmark flags Accenture as top detractor amid AI valuation debate

The fund’s Q2 2026 letter highlights transitory booking weakness and a historic low price-to-earnings multiple, contrasting with market fears of structural disruption from artificial intelligence.

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SpaceXAI launches Grok Build terminal coding agent

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Musk quietly acquires APR Energy in $1 billion deal to power AI data centres

The Department of Justice seeks to dismiss Clean Air Act lawsuit as Musk’s businesses expand energy footprint

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xAI sues South Carolina man for alleged use of Grok to generate CSAM deepfakes

Elon Musk-owned xAI has initiated proceedings against Terry Wayne Harwood, alleging he bypassed safety safeguards to create and distribute child sexual abuse material using the Grok chatbot.

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Albanese mandates datacentres to underwrite power supply and match grid consumption

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Intel Officials Forecast Pentagon’s Iran Conflict Costs to Surpass $100 Billion

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Meta executives clash over existence of NameTag face recognition system

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NASA Study Reveals Ancient Brines in Pristine Hillsborough Meteorite

Findings published in Science Advances suggest salt-rich brines were widespread in primitive asteroids, offering new insights into the distribution of life’s building blocks in the early solar system.

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TechTech Desk

EU exempts smartwatches and wearables from 2027 replaceable battery mandate

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Samsung investigates unexplained red tint on Galaxy S26 Ultra displays

The South Korean technology giant has confirmed it is examining the issue following social media reports, though the root cause remains undetermined.

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Fountain 0 bets on AI film amid Nolan’s $250m Odyssey

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Neko Health secures $700 million Series C as founders prepare for US expansion

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OpenAI launches $230 Codex Micro keyboard as Apple trade secret lawsuit looms

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NASA to Conduct Complex Artemis III Lander Demonstration in 2027

The US space agency will execute a highly choreographed series of rendezvous operations between the Orion spacecraft and commercial landers to verify hardware and software interoperability.

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Brazil eNational Team Dominates Week 3 Qualifiers with Six Consecutive Victories

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Chinese AI firm DeepSeek weighs $71 billion valuation ahead of potential IPO

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Fed Chair Warsh confirms frequent contact with Treasury Secretary, defends central bank independence

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