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Goldman Sachs goes the AI programmer route as Wall Street watches
Goldman Sachs has just hired something that doesn’t eat, sleep, or cash a paycheck. Its name is Devin, and it’s not human. The AI software engineer making its debut on Wall Street was created by Cognition, a startup founded in 2023 and backed by billionaire investors like Peter Thiel and Joe Lonsdale, according to a […]Cryptopolitan
Fri, Jul 11
Stocks
Levi Strauss shares jump after raising forecasts on strong global denim demand
July 11 (Reuters) - Levi Strauss LEVI.N shares surged more than 7% in premarket trading on Friday after the denim maker raised its annual revenue and profit forecasts, counting on robust demand at its stores and website to offset a margin hit from U.S. tariffs.The company has been investing in its d...Reuters
Fri, Jul 11
Stocks
Capricor Therapeutics plunges after FDA declines to approve muscle disorder therapy
** Shares of therapy developer Capricor Therapeutics CAPR.O fall 45.3% to $6.24 premarket** Company says the U.S. FDA has declined to approve its cell therapy for a type of muscle disorder** FDA says co's marketing application for its therapy, Deramiocel, does not meet statutory requirement for ...Reuters
Fri, Jul 11
Commodities
INSIGHT-How a US mission to push a Trump deal in Congo unravelled
Businessman heads Congo trip to try to free U.S. prisonersTeam of three runs foul of the authorities and has to fleeVenture shows how Washington works with unofficial envoysBy Jessica Donati DAKAR, July 11 (Reuters) - An Israeli-American businessman, a former State Department official and a d...Reuters
Fri, Jul 11
Stocks
Prediction: This Investment Could Be the Biggest Winner From President Trump's "Big, Beautiful Bill"
Key PointsPresident Trump's "big, beautiful bill" includes major changes to federal spending and tax policies.The Congressional Budget Office estimates that the bill could increase the national debt by $3 trillion during the next decade. Inflation could be an unwanted consequence of the bill, and in...The Motley Fool
Fri, Jul 11
Other
Eight core DOGE staffers exit US government roles, Politico reports
July 11 (Reuters) - At least eight core members of the Department of Government Efficiency (DOGE) have left their positions in the last six months, Politico reported on Friday, citing internal records and sources familiar with the matter.A senior White House official explained the departures by poin...Reuters
Fri, Jul 11
Other
Futura Medical Says Knows Of No Reason For Share Price Movement
July 11 (Reuters) - Futura Medical PLC FUM.L:FUTURA MEDICAL PLC - SHARE PRICE MOVEMENTFUTURA MEDICAL: SAVE FOR BOARD CHANGES & PROPOSED APPOINTMENT OF ALEX DUGGAN AS INTERIM CEO, KNOWS OF NO REASON FOR SHARE PRICE MOVEMENTReuters
Fri, Jul 11
Forex
GBP/USD: Chance of retesting the 1.3535 level – UOB Group
Pound Sterling (GBP) could retest the 1.3535 level against US Dollar (USD); the major support at 1.3510 is unlikely to come under threat. In the longer run, the likelihood of GBP dropping to 1.3510 is increasing, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Jul 11
Stocks
1 Growth Stock Down 45% to Buy Right Now
Key PointsSoundHound AI is a leading developer of voice-recognition AI systems.The company is young and lacks profits, meaning its stock carries more risk than profitable AI companies.10 stocks we like better than SoundHound AI › Artificial intelligence (AI) stocks are some of the hottest names on W...The Motley Fool
Fri, Jul 11
Commodities
First Quantum says Prospect investment key to Zambia copper expansion
By Chris Mfula LUSAKA, July 11 (Reuters) - First Quantum Minerals' FM.TO recent investment in Prospect Resources PSC.AX is key to the extension of mine life at Zambia's Sentinel mine, FQM's country director Anthony Mukutuma said on Friday.The Canada-based company made a 15% investment...Reuters
Fri, Jul 11
Stocks
Levi Strauss gains after hiking forecasts on strong denim demand; brokerages raise PT
** Shares of Levi Strauss & Co LEVI.N rise ~8% to $21.30 premarket** Co, after market close on Thursday, raised its annual revenue and profit forecasts after beating quarterly estimates** Co banks on strong denim demand in Europe despite tariff uncertainty; says forecast reflects current tariffs...Reuters
Fri, Jul 11
Other
Performance Food Group attracts takeover interest from US Foods, Bloomberg News reports
July 11 (Reuters) - Performance Food Group PFGC.N has attracted takeover interest from US Foods Holding Corp USFD.N, Bloomberg News reported on Friday, citing people familiar with the matter.Reuters
Fri, Jul 11
Stocks
Retirees on Medicare Just Got Some Hidden Bad News
Key PointsMedicare Part B premiums are a big expense for many retirees.In 2025, the standard monthly Part B premium is $185.The newest Medicare Trustees report points to a potentially massive increase in 2026. The $23,760 Social Security bonus most retirees completely overlook › You'll often hear th...The Motley Fool
Fri, Jul 11
Stocks
Jefferies raises AZZ price target on strong domestic growth momentum
** Jefferies raises metal coating company AZZ's AZZ.N price target to $129 from $99, an upside of 21.5% to the stock's last close** Reiterates "buy" rating** Says co's new infrastructure initiatives are expected to sustain strong demand** Adds new energy projects continue to supp...Reuters
Fri, Jul 11
Other
Signing Day Sports Advances Business Combination With One Blockchain LLC
July 11 (Reuters) - Signing Day Sports Inc SGN.A:SIGNING DAY SPORTS ADVANCES BUSINESS COMBINATION WITH ONE BLOCKCHAIN LLC; CONFIDENTIAL DRAFT REGISTRATION STATEMENT ON FORM S-4 SUBMITTED TO THE SEC, INCLUDING PRELIMINARY PROSPECTUS AND PROXY STATEMENTReuters
Fri, Jul 11
Other
ITC Determines Infringement Of Gopro's Iconic Hero Camera Design
July 11 (Reuters) - GoPro Inc GPRO.O:ITC DETERMINES INFRINGEMENT OF GOPRO'S ICONIC HERO CAMERA DESIGNGOPRO INC - ITC FINDS INFRINGEMENT OF GOPRO HERO CAMERA DESIGNGOPRO INC - ITC JUDGE FINDS INSTA360 VIOLATED LAW ON GOPRO DESIGNGOPRO INC - ITC FINAL DETERMINATION ON GOPRO CLAIMS EXPECTED BY NOV ...Reuters
Fri, Jul 11
Other
Autocanada Announces Executive Chair Transition
July 11 (Reuters) - AutoCanada Inc ACQ.TO:AUTOCANADA ANNOUNCES EXECUTIVE CHAIR TRANSITIONAUTOCANADA INC - ANNOUNCES PAUL ANTONY'S TRANSITION FROM EXECUTIVE CHAIRAUTOCANADA INC - PAUL ANTONY TO SERVE AS NON-EXECUTIVE CHAIR AFTER CEO APPOINTMENTReuters
Fri, Jul 11
Other
Capricor Therapeutics Provides Regulatory Update On Deramiocel BLA For Duchenne Muscular Dystrophy
July 11 (Reuters) - Capricor Therapeutics Inc CAPR.O:CAPRICOR THERAPEUTICS PROVIDES REGULATORY UPDATE ON DERAMIOCEL BLA FOR DUCHENNE MUSCULAR DYSTROPHYCAPRICOR THERAPEUTICS INC - FDA ISSUES COMPLETE RESPONSE LETTER TO CAPRICORCAPRICOR THERAPEUTICS INC - TO RESUBMIT BLA WITH PHASE 3 DATA IN Q3 2025CA...Reuters
Fri, Jul 11
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