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Devin maker Cognition raises $1B at $26B as AI agent month continues
Cognition, the company behind autonomous AI engineer Devin, closed a $1 billion funding round at a $26 billion valuation. The raise lands as onchain AI agent infrastructure goes live across BNB Chain, Base, and Nexus Labs, underscoring surging demand for the AI agent economy.
Iran Threatens Retaliation After US Strikes
Iran's Revolutionary Guard threatened retaliation after US military self-defense strikes targeted missile launch sites and boats near the Strait of Hormuz, raising fears of a fresh escalation in the ongoing conflict.
US Hits Iran With New Strikes
The United States carried out fresh self-defense strikes in southern Iran, targeting missile launch sites and boats allegedly laying mines near the Strait of Hormuz, even as ceasefire talks continue.
President Trump is looking for a final settlement with Iran via a Coalition
President Trump has formally asked Saudi Arabia, Qatar, Turkey, Pakistan, and other regional powers to join the Abraham Accords as a condition of a final settlement with Iran, with U.S. envoys now tasked with completing the process.
Tulsi Gabbard steps down as Director of National Intelligence
Tulsi Gabbard has resigned as US Director of National Intelligence, effective June 30, 2026, citing her husband Abraham Williams's diagnosis with an extremely rare form of bone cancer.
Iran Supreme Leader is not Backing Down on Uranium Enrichment Deal
Iran's Supreme Leader Mojtaba Khamenei has ordered that the country's near-weapons-grade uranium stockpile must remain within its borders, deepening a standoff with the US and pushing oil prices higher.
The most anticipated earnings of the quarter are in and Nvidia delivered
Nvidia reported record Q1 FY2027 revenue of $81.6 billion, up 85% year over year, beating Wall Street estimates on revenue, EPS, and Q2 guidance while authorizing $80 billion in new share buybacks.
Risk-on across the board after Trump says he'll end the Iran war "very quickly"
Oil prices dropped nearly 6% and equities rallied after President Trump signalled a swift end to the Iran war, though analysts warn oil markets are still underpricing supply risk from the Strait of Hormuz disruption.
Google's I/O 2026: a Gemini firehose across everything it makes
Google used its I/O 2026 keynote to push Gemini AI into nearly every product, unveiling Gemini 3.5 Flash, Gemini Omni video generation, the Gemini Spark personal agent, a redesigned Search, Android XR glasses, and the Googlebook laptop platform.
The SEC wants to "Make IPOs Great Again"
The SEC has proposed its biggest overhaul of US registered-offering rules in over 20 years, with SEC Chairman Paul Atkins pushing to make it cheaper and easier for companies to go and stay public.
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