SUMMARY: The NCAA is investigating potential sports betting violations involving 13 former men’s basketball players from six schools, including Eastern Michigan, Temple, Arizona State, New Orleans, North Carolina A&T, and Mississippi Valley. The schools are not under investigation. The probe was triggered by unusual betting activities and messages revealing players betting on their own games, sharing info for betting, manipulating outcomes, or refusing cooperation. Previously, three players from Fresno State and San Jose State were found guilty, with eligibility revoked. NCAA President Charlie Baker emphasized ongoing integrity monitoring and urged regulators to reduce risks by limiting prop bets and involving leagues in policy-making.

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SUMMARY: Poland pledged to advance military modernization after Russian drones struck its territory, raising NATO concerns about Kremlin ambitions amid ongoing war in Ukraine. The incursion, viewed by European leaders as a deliberate provocation, prompted NATO to assess airspace defenses. Finnish President Stubb warned of blurred war-peace lines in Europe. Poland plans to receive U.S. F-35 jets by 2026 and closed its Belarus border amid joint military exercises. The U.N. Security Council will meet on the incident. Meanwhile, China urged Poland to keep a Belarus rail link open. Ukraine and the UK agreed to produce interceptor drones as drone warfare intensifies in the conflict.

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SUMMARY: Wall Street reached new highs as a surprising slowdown in U.S. wholesale inflation and Oracle’s optimistic AI-driven growth forecast boosted market sentiment. The S&P 500 rose 0.3%, hitting records for a second day, while the Dow fell 0.5%, dragged down by Apple. Traders anticipate the Federal Reserve will cut interest rates next week to support the economy without triggering inflation or recession. Oracle’s shares surged 35.9% after projecting cloud AI revenue to jump significantly, while chipmaker TSMC also saw gains. European markets were mixed, and U.S. Treasury yields dropped, reflecting hopes for easing monetary policy amid controlled inflation.

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