U.S. business sales fell 1.1% in June, led by a sharp drop in wholesale activity, while inventories were essentially unchanged and remained lean relative to sales.

Capricor shares jumped about 70% in Friday morning trading after investors interpreted the FDA’s willingness to review additional deramiocel data as a possible path forward.

The FDA approved Tauklarify for tau PET brain imaging in cognitively impaired adults being evaluated for Alzheimer’s disease, adding a new neurology asset to Lantheus’s radiopharmaceutical portfolio.

ACCO Brands agreed to acquire Dutch computer-accessories company Trust for about $57 million, a deal that would lift its technology-peripherals business to roughly $500 million in annual pro-forma sales.

U.S. retail sales fell for the first time in nine months in July, while a GDP-linked control-group measure also declined 0.4%.

Reddit shares surged Friday after its S&P 500 addition was confirmed, with JPMorgan estimating index funds may need to buy about 16.7 million shares before the change takes effect.

The China-specific LLM would add an Apple-trained model to a rollout that already relies on Alibaba’s Qwen and Baidu technology, though its exact role remains unclear.

Goldman is discussing potential participation with U.S. insurers, asset managers and banks as Nvidia’s proposed compute-financing platforms take shape.

The University of Michigan’s preliminary August index fell to 51.0 from 55.2, with expectations weakening more than current conditions as one-year inflation expectations rose to 4.3%.

The August 14 closing converts Anysphere shares into 389.3 million SpaceX Class A shares, bringing Cursor fully inside SpaceX after months of AI model-training collaboration.