Chip and memory stocks fell sharply worldwide as investors weighed China’s chipmaking progress, AI data center spending and financing risks. The Nasdaq-100 briefly entered correction territory, while Apple topped a $5 trillion market value.
News Mash
A magnitude 7.1 earthquake struck Japan’s southern island of Kyushu, damaging infrastructure, suspending trains and leaving dozens missing or injured at a shopping mall. Authorities lifted a tsunami advisory but warned residents to remain vigilant for strong aftershocks.
Spain has declared wildfire-hit areas disaster zones as crews fight blazes that have forced mass evacuations and burned tens of thousands of hectares. Authorities in Spain and France warn that a new heatwave could worsen fire conditions.
David “Davey” Hearn’s lawyers say a government grand jury witness testified the Lincoln Memorial Reflecting Pool was already damaged and would have required repairs before Hearn allegedly touched it. The defense is seeking more grand jury records and challenging whether the felony indictment was properly returned.
The 2026 Booker Prize longlist includes 13 novels by writers including Elizabeth Strout, Douglas Stuart, Marlon James and Rebecca Perry. The shortlist will be announced Sept. 22, with the winner named Nov. 9.
French authorities ordered nearly 4,000 more evacuations from Atlantic coast tourist sites as a major wildfire west of Bordeaux remained fragile before another rise in temperatures. Spain also faced major blazes, including its largest fire on record, as it entered a fourth summer heatwave.
Authorities say Kristopher Karolkiewicz fatally shot his wife, Amanda, and their six children before setting their Michigan home on fire and killing himself. Investigators said the fire appeared to have been set intentionally in multiple places after the killings.
President Trump will deliver the eulogy for Sen. Lindsey Graham at Washington National Cathedral as two days of services begin in the capital and continue in South Carolina. Netanyahu and Zelenskyy are expected to attend the invitation-only cathedral service.