Bank of England Governor Bailey: We are taking a different approach from the European Central Bank on artificial intelligence and cyber risk, working with banks rather than issuing orders.

Rivian (RIVN.O) shares fell 8.9% in premarket trading after the company said it plans to raise capital via a follow-on share offering.

1. Pre-emptively finding an excuse for a World Cup loss —Trump claimed he spoke with Infantino about Balogun's red card but did not exert pressure; he agreed with the disciplinary committee's decision but questioned the red card and subsequent suspension as "unfair." He said the match against Belgium would be exciting, but if the US lost, it would be "rigged," drawing parallels to the 2020 election. 2. "Guiding" Walmart to lower prices, urging other retailers to follow suit —Trump stated that to celebrate the 250th anniversary of the founding of the United States, Walmart would significantly reduce the prices of a range of goods, including nearly 15% off ground beef, as required by the government. He praised the company as "truly patriotic" and urged other retailers to follow suit. 3. Urging Congress to pass two bills quickly —Trump demanded that Congress prioritize the passage of two bills upon reconvening: the Budget Reconciliation Act 3.0 (which includes $350 billion in defense funding) and the Save America Act, urging leaders of both houses to expedite funding approval. He believes the two bills will pass quickly, ensuring freedom for future generations of Americans. 4. Trump proclaims the US military as the strongest ever: "The US military has never been stronger or more powerful. No other country can do what we do (it's incomparable)." 5. Trump promotes the "Trump Account" and urges audience to buy Dell computers: Trump rang the opening bell for the US stock market at the White House on Monday and promoted the "Trump Account." He praised the Dells for pledging over $6 billion to replenish the Trump Account. Trump joked: "Go buy a Dell computer, we'll find a way to make that money back for him." 6. Trump supports the US stock market and encourages families to continue investing: At the launch ceremony of the Trump Account, Trump pointed out that the three major US stock indexes had recently risen. He believes the market will soar and encourages families to continue investing rather than cashing out. 7. Trump claims he can destroy Iranian infrastructure "in less than an afternoon": Trump stated that US-Iran negotiations are close to reaching an agreement, but if it fails, the US will complete its mission; he can destroy Iran's power grid, bridges, and other infrastructure in "less than an afternoon," but prefers a solution through an agreement to avoid impacting the Iranian people. He also claimed that oil prices were already below pre-war levels and that the U.S. military had secretly escorted oil tankers in the Strait to prevent prices from soaring to $300-350 per barrel.