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U.S. President Donald Trump has announced a "historic" agreement for the complete disarmament of Hamas and other armed groups in Gaza, which would also involve a phased withdrawal of Israeli forces. However, Hamas has stated it will not disarm before an Israeli withdrawal, and neither party has officially confirmed the deal.

The United States has carried out "heavy" strikes on targets in Iran following an alleged attack on American troops, intensifying the already volatile situation in the Middle East. Iran has condemned these actions, and the conflict appears to be broadening, with reports of drone incidents in other regional countries.

The California coastline has experienced dangerous waves and life-threatening rip currents, leading to nearly 500 ocean rescues in the past 48 hours. Concurrently, over 80 million Americans are under extreme heat alerts, with some areas also facing flash flooding.

US stock indices closed significantly higher, driven by a strong rebound in technology equities. Microsoft's shares surged over 15% after its Azure cloud division achieved record quarterly revenue, surpassing $100 billion annually for the first time. This performance helped to offset a recent decline in the semiconductor sector.

Atherton, California, has reclaimed its status as the most expensive ZIP code in the United States, with median home prices jumping 20% in the first half of 2026. This surge in real estate value is largely fueled by the booming artificial intelligence industry and an influx of tech wealth in the San Francisco Bay Area.