a powerful 7.4 earthquake in Colombia that has left at least 47 people dead and buildings shaking as far away as Bogotá. President Trump signals he will lean on economic pressure rather than new military strikes as tensions with Iran continue over the Strait of Hormuz.

Oil prices surge, stocks wobble, and bond yields rise ahead of a key inflation report. Apple is downgraded at Jefferies on concerns about iPhone demand, Meta introduces its new Muse Glimmer AI model, and Microsoft ramps up production plans for its next‑generation AI chips. Intel announces a $15 billion stock offering, and GameStop considers withdrawing its $56 billion bid for eBay.
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