Colombia's benchmark COLCAP stock index closed 0.65% higher on Friday, driven by positive performance in the industrial, services, and agriculture sectors. The gains were registered despite a downturn in key commodity prices.
Energy technology company Holtec Nuclear Corporation has filed for an initial public offering in the U.S., aiming to raise capital for the development of its small modular reactors. The company plans to list on Nasdaq under the ticker 'HNUC'.
U.S. stocks advanced Friday, with the S&P 500 closing just shy of a record, as a successful market debut by chipmaker SK Hynix fueled optimism in the tech sector. Investors are now turning their attention to the second-quarter earnings season, which kicks off next week.
The company discontinued its 'Muse Image' feature, which used public Instagram photos for AI generation, just days after launch following criticism from users and the SAG-AFTRA union over its automatic opt-in policy.
The U.S. Securities and Exchange Commission has issued new guidance mandating that activist investors identify their clients in key regulatory filings. The move increases transparency and may impact hedge funds that rely on secrecy and special purpose vehicles for campaigns.
A new analysis by Reuters revealed that Meta's AI content detection tool could not identify more than half of its own AI-generated images after they were cropped. The finding highlights a key vulnerability in the tech industry's efforts to combat manipulated media.
Russia's benchmark stock index closed unchanged but reached a new three-year low, as significant losses in major companies like Polyus and VTB highlighted broad-based selling pressure.
Raymond James initiated coverage on SpaceX with a Street-high $800 price target, citing its foundational role in a new industrial era, while Bernstein downgraded Salesforce due to weak customer feedback on its AI offerings.
The U.S. House of Representatives is scheduled to vote next week on the Sunshine Protection Act, a bill that would end the biannual clock change. The legislation faces a complex path, reviving a debate over the economic and safety impacts of the time shift.
