Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) Nvidia's board has been working with an outside firm to identify potential replacements for Chief Executive Officer Jensen Huang following reports of multiple extramarital affairs, including one with a woman who is reportedly suspected of spying for China, a person familiar with the situation said.

(2) The suspected Chinese spy at the heart of a scandal that threatens to take down Nvidia Chief Executive Officer Jensen Huang has returned to her home country, people familiar with the matter said.

(3) Xi Jinping’s third summit of the year with Donald Trump is going off script before their meetings even get underway, as the spy allegations engulfing Nvidia Corp.’s Jensen Huang reopen old rifts.

(4) David Cameron, the former prime minister who led Britain’s unsuccessful campaign to stay in the European Union, warned Prime Minister Andy Burnham against seeking to rejoin the bloc, arguing that it would undermine talks for closer ties.

(5) The parties in Chancellor Friedrich Merz’s ruling coalition rolled back some planned social-spending cuts and delayed new taxes, clearing the way for a deal on Germany’s 2027 budget.

(6) Thousands of schools in Europe were targeted by bomb threats, leading to evacuations and adding to the recent disruption across the continent that grounded planes and saw supermarket fridges hacked.

(7) Democrats padded their US Senate majority with a surprise win by Scott Colom, a district attorney who ousted Mississippi Senator Cindy Hyde-Smith in a reliably Republican state that President Donald Trump won by more than 22 percentage points in 2024.