Ukraine has established a new long-range military command to formalize its campaign against Russian energy and logistics infrastructure. The move comes as Ukrainian strikes have already led to Russian diesel export bans and disruptions to grain shipments.
Needham analysts named Figure Technology their top conviction idea in the fintech sector, raising earnings estimates after the company's June loan marketplace volume surged 155% year-over-year. The firm maintained its $55 price target, citing strong HELOC demand and the pending acquisition of Kiavi.
Mexico's benchmark stock index, the S&P/BMV IPC, closed 0.59% higher on Friday, driven by gains in the industrials, consumer goods, and consumer staples sectors.
Investors are scrutinizing the massive capital expenditures required for AI development, which could pressure earnings growth and limit share buybacks at major tech firms, according to a recent analysis.
Renewed military strikes between the U.S. and Iran in the Strait of Hormuz triggered a brief spike in oil prices this week. Markets are now weighing the risk of supply disruptions against signs of weakening global demand and broader inflation concerns.
The UN's International Maritime Organization has urged member states to reject Iran's recent efforts to impose sovereignty over the Strait of Hormuz, a critical chokepoint for global oil shipments, amid rising regional tensions.
Citigroup analysts are positioning for a decline in the British pound, citing a historical pattern of sterling weakness that has followed the appointment of new UK prime ministers post-Brexit.
The New York Times has filed a countersuit against the U.S. Equal Employment Opportunity Commission, claiming the agency's discrimination lawsuit over the company's diversity policies is retaliation for its critical coverage of the Trump administration.
A Reuters analysis found that Meta Platforms' new AI detection tool failed to identify more than half of its own generated images after they were cropped, highlighting a key vulnerability in content verification technology.
