Stock Market
Stocks rebound Monday as oil drops 7% on Iran diplomacy hopes
US stocks recovered part of Friday's sell-off in Monday morning trading: as of about 11:38 a.m. Eastern, the Dow was up about 1% at 52,281, the S&P 500 up 0.6% at 7,624 and the Nasdaq up 0.7% at 25,614. WTI crude fell nearly 7% to about $97 a barrel on reports that the US and Iran are pursuing a diplomatic way out of the Gulf conflict. Oracle slid about 5% after announcing a $20 billion capital raise, and Apple reports earnings after the bell ahead of Tuesday's midterm elections and Friday's jobs report.
Read more at Yahoo Finance →
Technology
Linux 7.4's first release candidate arrives with a huge, AI-assisted merge window
Linus Torvalds released Linux 7.4-rc1 on Sunday after a merge window of almost 20,000 commits, well above the usual 15,000 or so, with about a third of the changes being AMD GPU register definitions. Torvalds said many of the changes fix bugs found by AI tools and called it a "much healthier model" for those fixes to land in the merge window rather than during stabilization. Version 7.4 is expected to be the next long-term support kernel and adds better support for AMD, Apple, Google and Qualcomm Snapdragon X2 hardware.
Read more at The Register →
World News
Russia-friendly Iliana Yotova wins Bulgaria's presidency
Acting president Iliana Yotova won Sunday's runoff with 57.6% of the vote against pro-Western former prime minister Andrey Gyurov, who took 39.5% and conceded, becoming Bulgaria's first elected female president. Yotova, an ally of Prime Minister Rumen Radev, opposes military aid to Ukraine and favors dialogue with Moscow, reinforcing the government's Ukraine-skeptic turn. Turnout was only about 27 to 29%.
Read more at The Kyiv Independent →
Movies
Michael Mann treated for a minor gunshot wound at an LA range
Director Michael Mann, 83, was accidentally shot in the leg on Saturday afternoon when his weapon discharged as he tried to holster it at a gun range in Los Angeles. His representative said the injury was superficial and that he was treated at a hospital and released. The incident is not expected to affect Heat 2, which is in pre-production with Leonardo DiCaprio, Christian Bale and Adam Driver and due to start filming soon.
Read more at Dark Horizons →