Security and sovereignty risks dominated the hour as the UK Ministry of Defence removed internet connectivity from Royal Navy drone cameras after discovering Chinese-made components were transmitting data to an IP address in China, an incident highlighting deeper vulnerabilities in military supply chains. Concurrently, a severe humanitarian crisis unfolded in Ceuta, where medical staff treated multiple migrant minors for alleged sexual assaults, sparking an active police investigation and raising questions about the capacity of reception infrastructure. In capital markets, Intel moved to raise $20 billion through a major common stock offering priced at $95 per share. Geopolitical tensions centered on the Strait of Hormuz continued to influence broader economic sentiment, as stalled negotiations kept oil prices elevated and contributed to rising Treasury yields. Strategic divergence characterized the tech sector, with Anthropic and OpenAI taking different timelines for potential IPOs, and Archer Aviation and Joby Aviation pursuing increasingly distinct commercial models for eVTOL aircraft. While corporate earnings results were mixed—with Adnoc L&S posting record profits amid logistical challenges—other entities faced notable setbacks, including retail sentiment declines for Oklo and a 52-week low for Monster Beverage.