Category: Latest News

IBM Enhances Bob With New AI Development Capabilities IBM (NYSE:IBM) has introduced a series of upgrades to its IBM Bob agentic software development platform, adding multi-agent functionality, integrated AI cost monitoring and new enterprise modernization workflows designed to simplify software development and legacy system transformation. Among the latest additions is Bobalytics, a feature that enables…

Closing Timeline Extended Pending Regulatory Review Paramount (NASDAQ:PSKY) has confirmed that it will not complete its proposed $110 billion acquisition of Warner Bros (NASDAQ:WBD) before 22 July, extending the expected closing timeline by at least another week as Oregon authorities continue reviewing the transaction. The announcement follows action by the Oregon Attorney General’s office, which…

Rivian Completes Equity Offering Rivian Automotive (NASDAQ:RIVN) has successfully completed a public offering of 75 million Class A common shares priced at $15.50 each, with Goldman Sachs & Co. LLC acting as the lead underwriter. The transaction was expanded after the underwriting syndicate exercised its full overallotment option on 8 July 2026, purchasing an additional…

Gold prices moved modestly higher on Thursday, recovering part of the previous session’s losses as the U.S. dollar steadied and renewed military conflict in the Persian Gulf revived investor concerns about persistent inflation and the prospect of higher interest rates. Spot gold gained 0.7% to $4,104.22 an ounce, while U.S. gold futures also advanced 0.7%…

Bernstein has maintained its aluminium price forecast for the second half of 2026 at $3,100 per ton, despite easing supply concerns following the ceasefire around the Strait of Hormuz and a quicker-than-expected recovery in Middle Eastern production. Supply Recovery Reduces Geopolitical Risk Premium Aluminium prices climbed sharply between March and May as tensions surrounding the…

Oil prices moved lower on Thursday as traders assessed the consequences of fresh U.S. military strikes on Iran and the potential impact on efforts to revive negotiations and fully reopen the Strait of Hormuz, one of the world’s most important energy shipping routes. Brent crude futures fell $1.03, or 1.32%, to $76.99 a barrel by…

Bernstein has updated its outlook for the copper market, forecasting an average price of $12,419 per metric ton in 2026. The research firm expects copper to average $11,750 per ton during the second half of the year, a projection that sits slightly below the current market consensus of $12,515 per ton. Supply Deficits Expected Later…