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Apple is back on top, but that's only one of today's big shifts. India marks a milestone that could reshape its role in the global space race, Caitlin Clark delivers another performance for the history books, and wildfire smoke continues to disrupt millions across North America. Plus, the latest on world politics, AI, business, and the stories worth knowing before you start your day.

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Smoke from Canadian and Minnesota wildfires handed several US cities the worst air on Earth, with officials warning that a day in the haze can rival smoking half a pack of cigarettes. Dozens of large blazes kept burning across 15 states, and a Pirates-Guardians game was postponed over the dangerous conditions.

President Trump blamed Canada for the smoke and vowed to fold its cost into new tariffs, a threat Prime Minister Mark Carney firmly rejected on Friday. Carney argued that both nations share equal responsibility for the climate change experts say is worsening fire conditions.

Apple climbed past its rival to reclaim the title of the world's most valuable company, a reshuffling at the very top of the tech hierarchy that stunned Wall Street. Investors have been reassessing the outlook for artificial-intelligence spending after months of relentless gains for chipmakers.

The swap came as a punishing selloff in semiconductor stocks dragged the Nasdaq down more than 1% and unsettled the broader AI trade. Analysts said the rotation signals fresh doubts about whether the year's frenzied rally can keep its footing.

The Supreme Court reversed the redistricting reading that produced Rep. Shomari Figures's majority-Black Alabama seat, in a ruling that reshapes at least three southern districts before the midterms. Residents interviewed by the BBC said they are afraid federal funding will disappear with the seat if the state moves to redraw quickly.

Alabama Republicans are already preparing a new map, and follow-on litigation will run through the fall. Justice Department briefings suggest the ruling may apply to South Carolina, Louisiana, and Georgia lines as well, and both parties are quietly modeling downstream effects on House control.

Israel's parliament voted on Friday to dissolve itself and call national elections for October 27, a decision that will test the country's deeply fractured political landscape. The move caps months of coalition strain and hands voters a decisive say over the government's direction.

A powerful 7.3-magnitude quake struck near the Mexico-Guatemala border, rattling communities on both sides, though officials reported no immediate major damage. Small tsunami waves were recorded along the Mexican coast as authorities assessed the aftermath.

Rescue crews searched swollen rivers after sudden flash flooding killed at least four people in Vietnam and left several others unaccounted for. Torrential rains inundated communities, sweeping away homes and cutting off roads as the water kept rising.

Federal regulators said Boeing can once again sign off on its own airworthiness certificates for the 737 Max and 787, restoring authority stripped away after earlier safety crises. The decision hands the manufacturer significant responsibility for policing its own production quality.

A federal court case brought by Democratic states revealed ICE's request for Medicaid patient data through a Palantir contract that most states had not been told about. Filings show DHS attorneys arguing the request falls under an existing information-sharing framework the Biden administration had reversed.

A federal appeals panel voted to strike down New Jersey's assault weapons ban, a ruling that could reverberate across other states with similar restrictions. The decision sets up a likely Supreme Court showdown over the limits of gun regulation.

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Major indexes fell for the day and the week as the selloff in AI-linked chip stocks deepened, even as surging oil prices piled on additional pressure. The twin forces have investors bracing for a bumpier stretch after a long, tech-fueled run.

Ride-hailing giant Uber agreed to acquire Germany's Delivery Hero for about $15 billion, a bet on scale as consolidation reshapes the global food-delivery business. Analysts said ample synergies justify the splurge even as the sector's easiest prizes have been claimed.

Trump's media company said it would sell early, priority access to Truth Social posts, a paid feature that could generate significant revenue. Ethics experts flagged serious concerns, noting the president's own posts could sit behind the paywall.

Chinese startup Moonshot released a freely available AI model rivaling top US systems, catching much of Silicon Valley off guard. The launch intensifies a global race that President Xi is now openly positioning China to lead.

India's Skyroot Aerospace successfully launched its Vikram-1 rocket into orbit, the country's first private orbital mission and a milestone for its fast-growing space sector. The feat cements Skyroot's status as India's first space-tech unicorn and signals wider ambitions ahead.

Researchers have found that people with Laron syndrome, a rare hereditary condition, have a much lower incidence of cancer than the wider population. Twins from Ecuador with the condition are providing research teams with unusual clinical access, and the pharmacology community is examining whether the underlying growth hormone receptor mechanism can be safely mimicked.

Caitlin Clark bounced into the record books with a 45-point, 10-assist masterclass that electrified a packed arena. The scoring outburst extended a season that has redefined expectations across professional basketball.

Lucas Herbert and Sam Burns each matched the major championship scoring record of 62 in the British Open, in two very different rounds that produced two very different celebrations. Herbert's back-nine putting stretch drew comparisons to the sport's most-quoted major moments of the last decade.

The NFL suspended Arizona Cardinals executive Ryan Gold indefinitely for violating the league's gambling policy. Case is the first executive-level suspension of the current calendar year and comes as sports-betting integrity discussions run hot across every US league.

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Brenda Fricker, the first Irish actress to win an Academy Award for "My Left Foot," has died at 81, ending a richly varied acting career. She also charmed audiences as the pigeon lady in "Home Alone 2" and in TV's long-running "Casualty."

Brad Pitt's children are dropping their father's surname, a shift explored through interviews with adults who made the same choice as older teens. Hannah, one of the subjects interviewed, had used her mother's maiden name on her social media for years before making the change legally.

The Rolling Stones have notched their 15th UK number one album, pulling level with the Beatles atop the all-time British charts. The milestone underscores the band's remarkable commercial staying power six decades into its career.

What it is: The president's Wednesday primetime address framed US voting security as broken, and a BBC review of the declassified files released to support the claim found the underlying documents describe legacy vulnerabilities largely remediated years ago. Deep Dive walks through what the country actually knows about election security in 2026.

The detail: US elections are run by roughly 10,000 local jurisdictions, each with its own voting equipment, paperwork, and ballot-review processes. Federal law provides baseline standards through the Election Assistance Commission, and CISA's election-infrastructure guidance has been reviewed and updated after every major federal cycle. Independent audits since 2020 have consistently found that certified equipment produced results matching the paper ballots in every state where a full recount or risk-limiting audit was conducted.

A short history: Voting-machine vulnerabilities have been documented for two decades, and the modern federal response — voluntary standards, chain-of-custody rules, and post-election audits — has grown out of that documentation. Every major post-election audit since the 2016 cycle has confirmed the reported outcome, including the audits Republican secretaries of state ran in Georgia, Arizona, and Wisconsin.

Why it matters: Public confidence in elections is a leading indicator of participation and, further downstream, the willingness of losing candidates to concede. Framing US voting as broken without evidence has become one of the most-studied inputs into the country's political-violence forecasts. And the operational cost is real — election workers are already leaving the profession at a pace that election directors describe as unsustainable.

What to watch: Watch which state election directors publicly respond to the president's speech in the coming days, and whether the Election Assistance Commission issues a formal technical rebuttal. Watch Congress's oversight committees for a briefing on the underlying declassified materials. And watch the recruitment pipeline for poll workers, which will be the most honest indicator of whether the country still has the operational capacity to run the November elections at full staffing.

Five Minute Daily brings the day’s most important stories into focus without the noise. Share this edition with a friend and subscribe for tomorrow’s briefing.

—The Five Minute Daily Team