Supports

• Illumina shares continued to rise recently as an earnings recovery helped the company and the broader biotech sector outperform the market. • The stock rally follows a period of regulatory and market challenges that previously hindered the company's growth. • This recovery suggests a shift in investor confidence toward biotech stocks after a period of volatility.

• European Commission President Ursula von der Leyen is planning talks with leading AI laboratories to discuss the pace of development and oversight. • The initiative focuses on slowing down AI progress to ensure better regulation and safety measures are in place. • This shift in approach could lead to stricter compliance requirements and slower product rollouts for AI companies operating within the European market.

• McLaren is investing £450 million into its Woking manufacturing and research center to overhaul its product strategy. • The investment will create 1,000 UK jobs, including roles for agency and indirect workers. • This expansion occurs as other UK automakers face pressure from Chinese competition and tariffs, such as Jaguar Land Rover cutting 4,000 positions.

Endorsement of Republican incumbent over challenger with same name adds twist to unusual campaign in AlaskaRepublican senator Dan Sullivan and Democrat Mary Peltola advance in Alaska Senate primaryDan Sullivan supports Dan Sullivan against Dan Sullivan in Alaska’s US Senate election, says a former Alaskan mayor who recently backed the race’s Republican incumbent over a challenger sharing their name.That development provided another of multiple absurd elements to Dan S Sullivan’s campaign for a third term in the US Senate, which – beside Mary Peltola, a former Alaska Democratic congresswoman – has drawn opposition from Dan J Sullivan. Continue reading...

• ECB President Christine Lagarde warned that Europe's post-war growth model is eroding due to geopolitical risks, the loss of cheap energy, and fragmenting global trade. • Lagarde emphasized the urgent need to deepen the Single Market and capital markets to counteract these economic pressures. • The report notes that fragmented regulation and financing are currently hindering critical investments in artificial intelligence across the region.

• XRP is currently trading at $1.09, reflecting a slight increase of 0.75% as it finds support near the $1.0968 Ichimoku Kijun level. • Technical indicators show the asset is trading above its 20-day ($1.0978) and 50-day ($1.0972) moving averages, though it remains below the 200-day average of $1.3951. • Short-term momentum is turning constructive, highlighted by a MACD buy signal and bullish dominance in Bull/Bear Power, while ADX and the Awesome Oscillator remain neutral.

• DNB, Norway's largest bank, is seeing steady stock performance driven by strong earnings and increased net interest income. • The bank maintains solid capital ratios and liquidity, reinforcing its stability and dominant position within the Nordic financial sector. • This financial flexibility allows for strategic investments and risk management, which are expected to shape the company's medium-term earnings narrative.

• Raymond James stock is trading steadily following quarterly results that revealed higher revenue and strong client asset flows. • Growth is primarily driven by the company's diversified business model, specifically its Private Client Group, Capital Markets, Asset Management, and RJ Bank segments. • The firm is balancing disciplined capital returns with the need to retain earnings to support balance-sheet growth in lending and interest-earning activities.

• Goldman Sachs stock is trading steadily as a recovery in investment banking and strong advisory and trading revenues support the firm's earnings outlook. • The company's financial trajectory depends on the sustainability of fee income and its ability to adapt to evolving regulatory, technological, and competitive pressures. • To maintain shareholder value, Goldman Sachs utilizes dividends and share repurchases, though these actions remain subject to strict US regulatory stress-test frameworks.

• Telenor stock remains steady following quarterly reports that highlight resilient demand for mobile and broadband services across its core segments. • The company's financial stability is currently driven by consistent cash flows from its Nordic markets, including Norway, Sweden, Denmark, and Finland. • This performance is critical for investors as it supports dividend reliability, payout ratios, and the potential for future share buybacks.

• AgEagle Aerial Systems (UAVS) stock rose 3.73% to $0.78 today, driven by increased investor interest and the company's recognition as a major competitor in drone software. • This upward movement follows a period of sustained bearish momentum, though recent technical shifts are creating a more balanced outlook for the stock. • The price action is significant as it tests a critical resistance level at $0.82, which analysts identify as a key threshold for bullish sentiment.

• Stanley Black & Decker's stock remains steady, supported by consistent demand for professional and consumer tools. • The company's performance is currently driven by its exposure to construction cycles and the implementation of ongoing efficiency initiatives. • As a mature industrial business, the stock's long-term outlook depends on management's portfolio strategy, capital allocation, and cost-efficiency measures.

• UK Culture Secretary Lisa Nandy has expressed support for expanding the BBC license fee to include users of streaming services like Netflix, Disney+, and Prime Video. • Under the proposed plans, individuals who exclusively use streaming platforms and do not watch BBC content could be required to pay a smaller, tiered fee. • This move aims to modernize the BBC's funding model as traditional television viewership declines in favor of digital on-demand platforms.

• Sanofi's stock price has remained steady as of July 13, 2026, reflecting the company's stable market position within the global pharmaceutical industry. • The company's long-term growth is supported by a diversified portfolio that includes prescription medicines, vaccines, and consumer health products. • This stability is driven by consistent global demand for healthcare services, providing a reliable foundation for long-term investors.

Treasurer says Coalition playing ‘footsie with the monoculture language’ after Liberal leader sidesteps questions at press conferenceFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAngus Taylor has repeatedly refused to say whether he supports multiculturalism in Australia, sidestepping five questions at a press conference about his views and claiming “there’s all these vague words running around”.Treasurer Jim Chalmers accused the opposition leader of “playing footsie” with One Nation and Pauline Hanson’s call for a “monoculture” in Australia, as Labor ministers committed to backing multiculturalism. Continue reading...

Congressman issues qualified defense of Maine Senate candidate who is seeking to unseat Republican incumbentProgressive Democratic congressman Ro Khanna issued a qualified defense of Maine Senate candidate Graham Platner on Sunday, saying “his actions were misogynistic, they were shameful, they were wrong, but they didn’t come as a surprise to a lot of the folks in Maine.”The former Marine-turned-oyster farmer, who is campaigning to unseat the state’s Republican senator Susan Collins in November, has been hit with successive waves of accusation about his past actions, including sending sexually explicit messages he sent to women while married and being stenciled with a Nazi-themed tattoo. Continue reading...

Pontiff responds after US president accuses him of ‘endangering a lot of Catholics’ with stance on Iran warMiddle East crisis – live updatesPope Leo has said he has never supported nuclear weapons and that those who criticise him need to speak the truth, in response Donald Trump’s latest tirade accusing him of “endangering a lot of Catholics” with his stance on the Iran war.Speaking to journalists on Tuesday night after leaving the papal retreat in Castel Gandolfo, near Rome, the first US-born pontiff said: “The mission of the church is to preach the gospel, to preach peace.” Continue reading...

Prime minister says ‘you never hear from … the people who are supportive, loyal and just want to get on with the job’Good morning and welcome to today’s live coverage of UK politics.Despite several calls for his resignation from within his own party, Keir Starmer told the Sunday Times that the “vast majority” of the Labour party are supportive of his leadership. Continue reading...

• The U.S. Dollar Index climbed to 106.85 Thursday, marking a three-month high, bolstered by expectations for sustained higher interest rates and Federal Reserve officials' reluctance to signal imminent policy pivots. • The euro weakened to $1.087, declining 1.3% on the week, as diverging monetary policy expectations between the Federal Reserve and European Central Bank broadened rate differentials favoring dollar-denominated assets. • Currency strategists noted that strong dollar performance reduces competitiveness for U.S. export-oriented companies but supports purchasing power for multinational corporations with foreign earnings, creating mixed market impacts.