Chinese airlines considering ordering hundreds of Airbus jets, Bloomberg News reports

Oil prices are slipping a bit as traders grapple with mixed signals—global demand looks shaky, but ongoing tensions between Russia and Ukraine are keeping losses in check. It’s a tug-of-war between economic worries and geopolitical risks.

Russia has launched a fresh wave of drone and missile strikes on Ukraine, escalating tensions just days after a Ukrainian raid reportedly destroyed over a dozen of Moscow’s prized strategic bombers. This back-and-forth highlights the intensifying aerial warfare between the two sides, with neither willing to back down.

The stock market is looking up this morning, with Dow futures ticking higher as traders brace for the latest jobs report—always a big deal for gauging the economy’s health. Meanwhile, Wall Street’s got one eye on the ongoing spat between Donald Trump and Elon Musk, which could stir up some unpredictable market ripples if things escalate.

A cargo ship transporting electric vehicles caught fire off the coast of Alaska, raising concerns about the safety of lithium-ion batteries during transport. Crews are working to contain the blaze, but the situation highlights the unique risks of shipping EVs, especially in remote areas where emergency response can be challenging.

UK house prices took a dip in May, adding to economic jitters as markets anxiously await the latest US jobs report. Meanwhile, Tesla's stock took a nosedive after a public spat between Elon Musk and Donald Trump, wiping out a staggering $152 billion in value. A Leeds tech firm, Filtronic, seems to be collateral damage in the feud, though details are still emerging.