Nbc

• A new generation of Indian entrepreneurs is establishing AI ventures in Silicon Valley to capitalize on accelerating global investment. • These founders are shifting focus away from building massive language models toward creating specialized AI applications for healthcare, enterprise software, and workplace engagement. • The strategy emphasizes leveraging deep industry expertise to build high-value tools on top of existing foundation models.

• David Chao, Global Market Strategist–Asia Pacific at Invesco, identifies AI as both the primary market driver and a significant risk for the upcoming quarters. • The investment outlook for India is improving due to expanding corporate margins, strengthening earnings expectations, and a decrease in crude oil prices. • Despite relatively expensive valuations, Chao expects Indian equities to perform strongly in the second half of the year.

• The California Science Center in Exposition Park will debut the Space Shuttle Endeavour in its ready-to-launch position this November. • The exhibit is housed in a new 200,000-square-foot addition that nearly doubles the center's total exhibit space. • Visitors will be able to view the shuttle alongside more than 100 aerospace artifacts and various hands-on exhibits focused on aviation and space exploration.

• The U.S. Centers for Disease Control and Prevention (CDC) is expected to formally end its hantavirus response, according to a Wall Street Journal report citing acting director Jay Bhattacharya. • The decision follows a cruise ship outbreak that occurred nearly two months prior, which resulted in three fatalities. • This wind-down signifies the conclusion of the official public health emergency response to this specific cluster of infections.

• Warriors General Manager Mike Dunleavy shared details regarding a specific interaction he had with team owner Joe Lacob during the draft process. • The conversation occurred as the organization prepared to make its first-round selection for the 2026 NBA Draft. • This insight highlights the collaborative decision-making dynamic and communication between the front office and ownership during high-stakes personnel moves.

• UN Secretary-General António Guterres called on major AI companies on June 23 to publicly disclose the full environmental costs of their data centers. • The initiative demands that these firms transition to renewable power to mitigate the high energy and water consumption required to fuel the AI revolution. • This push follows increasing scrutiny from environmental groups regarding the lack of transparency surrounding the ecological footprint of global data center expansion.

• A global sell-off in technology stocks continues to rattle markets, with the decline spreading through Asia and Europe on Tuesday. • The volatility has extended to precious metals as investors reassess the potential trajectory of interest rates. • MSCI has maintained South Korea's status as an emerging market, stalling the country's efforts to be recognized as a developed market.