Financial Summary: Saturday, July 12, 2025

Google has bolstered its AI coding team by hiring Windsurf CEO Varun Mohan and other top talents.

Investors are increasingly focused on AI developments as major tech companies prepare for upcoming earnings reports.

Jim Cramer promotes the development of smartglasses by Meta that can translate languages in real-time.

Stablecoins are gaining traction in the crypto market this summer, highlighting their rising popularity.

Investors are advised to consider a specific tech stock as a long-term hold due to its strong fundamentals.

Firefly Aerospace has filed for an IPO, aiming to trade under the ticker 'FLY' on Nasdaq.

Glenmark Pharmaceuticals shares surged 20% after securing a major licensing deal with AbbVie worth up to $1.9 billion.

HUL's stock rose 5% following the appointment of Priya Nair as the first woman MD & CEO, boosting investor confidence.

WK Kellogg's stock skyrocketed 30.6% after Ferrero acquired a significant stake in the company.

Delta Air Lines shares surged 12% on impressive earnings and a positive outlook for the future.

Home Depot's $5.5 billion acquisition of GMS has bolstered analyst confidence in the company's future.

Mercado Libre has achieved full investment grade status from S&P, enhancing its market credibility.

UPS shares fell by 20% in the first half of 2025, raising concerns among investors.

Amneal Pharmaceuticals received FDA approval for its new ophthalmic suspension.

Bausch Health expands the availability of CABTREO Gel in Canada, enhancing its product reach.

Catastrophic floods in Texas have led to over 120 fatalities and widespread destruction, impacting holiday celebrations.

Lesotho has declared a 'state of disaster' as US tariffs threaten significant job cuts in its garment industry.

President Trump announced a 30% tariff on imports from the EU and Mexico, escalating trade tensions.

Bill Gates criticized former President Trump's cuts to USAID, calling for their reversal due to devastating impacts.

A federal judge has ordered the Trump administration to stop indiscriminate immigration stops and arrests in California.

Preliminary findings indicate fuel was cut off to Air India 171's engines just before its crash, with no actions recommended against Boeing or GE Aerospace.

UK Chancellor Rachel Reeves is set to unveil a new growth plan for the financial services sector, including a concierge service for investors.

The US government is seeking commitments from allies Australia and Japan regarding their responses in the event of a conflict over Taiwan.

President Trump escalates tensions by threatening to revoke comedian Rosie O'Donnell's citizenship, indicating potential executive power use against opponents.

The S&P 500 declined as investor sentiment was affected by new tariffs on Brazil and potential EU tariffs.

Public sector banks in India have increased their home loan market share to 43%, surpassing private lenders.

Foreign Portfolio Investors in India withdrew Rs 555 crore in July, reversing three months of positive inflows.

Dow Jones futures indicate stability in stocks despite concerns over economic growth and new tariffs imposed by Trump.

Wall Street analysts predict a 70% increase in Alibaba's stock value in the near future, showing optimism.

Jim Cramer advises investors to buy Goldman Sachs, citing its growth potential amidst market fluctuations.

Investors are warned that the TACO trade may backfire, suggesting a reevaluation of current strategies.

Gold prices are on a bull run, driven by seasonal trends, despite mixed signals from the Commitment of Traders report.

Costco's stock is under scrutiny as analysts debate its value at the current price of $1,000.

The market faces significant pressure as the number of stock downgrades reaches its highest level since 2021.

Katie Gatti Tassin highlights the financial burdens women face due to beauty standards and offers strategies for overcoming these challenges.

An analysis reveals that certain college majors offer better job prospects than students expect, influencing their career choices.

Expert Kathryn Valentine stresses the importance of multiple discussions for successful salary negotiations.

Sex therapist Chamin Ajjan identifies intimacy blockers in relationships and provides solutions to improve connection.

A 79-year-old couple expresses concerns about financial stability while living on a limited income.

Generation X is set to receive a significant financial boost with a major payday expected soon.

Recent studies highlight the top five college degrees that yield the highest financial returns for young Americans.

A caller on the Dave Ramsey show reveals her distress over her mother-in-law losing nearly $1 million to internet scams.