📊 Philippines Earthquake, Penn Station, and WWDC26

Offshore shock, stabbing spree, and new Siri AI.

Jun 08, 2026

Greetings! Happy World Oceans Day to those celebrating.

Let’s get into today’s top stories.

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🌎 GLOBAL NEWS

🇵🇭 Philippines quake turns deadly. A magnitude 7.8 offshore earthquake struck the southern Philippines on Monday. At least 35 people were killed. More than 200 were injured. Many injuries came from damaged or collapsed buildings. The quake also sent a 1-meter tsunami into nearby coasts. Tsunami damage was reported in at least one southern coastal village. Smaller waves reached Indonesia, Palau, and southern Japan. General Santos sustained heavy damage. Several low-rise buildings collapsed or were badly damaged there. Children at Mahayahay Elementary School were seen screaming and crying in a video shared online. The quake struck at 7:37 a.m. A landslide in Glan, Sarangani, killed 13 villagers. Four other people died elsewhere in Sarangani. Teresito Bacolcol, director of the Philippine Institute of Volcanology, called it the strongest quake to hit the country this year, warning residents not to return to damaged homes without official advice. France, Japan, and New Zealand offered support. The earth moved once, then kept speaking through aftershocks.

🇮🇷 Iran and Israel pause fire. Israel and Iran appeared to pull back Monday after trading strikes for the first time since April’s ceasefire. Both sides warned they could attack again if provoked. The exchange raised fears of renewed regional war. Since February 28th, American and Israeli strikes on Iran have rattled the global economy. Energy prices have risen worldwide. Food and other basics have also grown more expensive. Mediators have failed to convert April’s ceasefire into a permanent deal. President Trump called for an immediate stop to fighting. Iran’s military joint command then said it was halting offensive strikes. It warned that further aggression by Israel or its supporters would bring harsher measures. Israeli Prime Minister Benjamin Netanyahu implied the round was over, saying he would respond with force if Iran attacked again, and would continue operating in Lebanon against Hezbollah. Lebanon’s Health Ministry said Israeli strikes killed seven people in Zefta. Another strike in Tyre killed five and wounded eight. Schools and airspace restrictions began easing. The ceasefire survived another test, but only by sounding temporary.

🇺🇸 LOCAL NEWS

🗽 Penn Station stabbing rattles New York. Six people were hurt in a stabbing inside New York’s Penn Station on Sunday evening. Police took a suspect into custody. The attack unfolded around 7 p.m. The station sits beneath Madison Square Garden. It serves Amtrak, Long Island Rail Road, NJ Transit, and city subway lines. Hundreds of thousands of commuters and travelers pass through daily. Paramedics found one victim with serious injuries. Two had moderate injuries. Two had minor injuries. Those five were taken to Bellevue Hospital. A sixth person went to another hospital. Authorities did not immediately say what led to the attack. They also did not say whether victims were targeted. Blood, bandages, and medical gloves remained near Tracks 5 and 6 afterward. The violence came before Game 3 of the National Basketball Association (NBA) Finals next door. President Trump planned to attend the game. Security was already expected to be extensive, as a transit hub became a crime scene.

🛂 H-1B fee gets blocked. A federal judge struck down President Trump’s $100K fee on new H-1B visas Monday. United States District Judge Leo Sorokin issued the ruling in Boston. The decision contradicted an earlier federal ruling that had upheld the fee. The administration said the fee would prevent foreign workers from taking American jobs. Sorokin sided with 20 states. He said the executive branch exceeded its authority. He also found a violation of the Administrative Procedure Act. That law governs how federal agencies issue regulations. Sorokin wrote that the policy imposed a tax without congressional delegation. H-1B visas support high-skilled jobs that employers say are hard to fill with American workers. Technology companies are the largest users. Nearly three-quarters of approvals go to workers from India. States said the fee would worsen shortages for doctors and teachers. Most applications had cost several thousand dollars before the hike. The jump produced panic among employers, students, and workers. Several lawsuits followed in different courts. Immigration policy became another invoice with constitutional handwriting on it.

🗂️ MISC

🍏 Apple gives Siri an AI spine. Apple ($AAPL) unveiled new AI features Monday in Cupertino, California. The company upgraded Siri at its annual World Wide Developers Conference (WWDC). CEO Tim Cook received an extended standing ovation, his last WWDC before John Ternus succeeds him in September. Cook said he was deeply grateful for the journey. The new Siri is being pitched as a much more capable assistant. It can help users act across Apple devices. Apple said it can build a World Cup menu from the web and text messages. It can invite friends from a group chat. Camera-based Siri can identify what users are looking at. It can also surface details such as nutrition information. Visual AI can work with images on screen. Apple Intelligence now uses Google ($GOOGL) Gemini to help power features. Apple said requests are handled on device or privately in the cloud. The company also announced new AI photo-editing tools. A standalone Siri AI app is planned later this year. The catch-up race now has Cupertino trying to make usefulness feel private.

📈 AI stocks regain footing. Wall Street steadied Monday after Friday’s tech-led selloff. The Standard & Poor’s 500 Index (S&P 500) rose 0.3%. The Dow Jones Industrial Average slipped 80 points. That was a 0.2% dip. The Nasdaq Composite climbed 0.9%. Artificial intelligence (AI) stocks helped recover some lost ground. Micron Technology ($MU) rose 9.9% after Friday’s 13.3% slide. Marvell Technology ($MRVL) climbed 9.6%. The move came after S&P Dow Jones Indices said Marvell would join the S&P 500. Marvell’s stock has more than tripled this year. Nvidia ($NVDA) CEO Jensen Huang had suggested Marvell could become the next $1T company. Critics said that kind of reaction shows AI prices may be running hot. A semiconductor index had surged nearly 85% this year through Thursday. Morgan Stanley ($MS) strategist Michael Wilson called the pullback healthy. Brent crude briefly topped $98 overnight. It later settled at $94.25, up 1.2%. The 10-year Treasury yield edged up to 4.56%. The AI trade stumbled, recalling gravity can be temporary.