Back This Medical AI Tech

You don't often find healthcare tech company valued at $4M. HeartSciences is an exception. With $75M invested, including R&D, clinical trials, and product development, their patented AI software is approaching FDA submission, a potential major inflection point.

Business News Digest

MATT OTT
July 07, 2025

AP Business Digest

Here are the AP's top business stories that have moved or are planned to move today. All times U.S. Eastern. For up-to-the minute information on AP's coverage, visit AP Newsroom's Coverage Plan.

--------------------

NEW AND DEVELOPING

--------------------

___

TESLA-STOCK-MUSK-TRUMP

SUMMARY: Shares of Tesla tumbled 8% at the opening bell Monday as the feud between CEO Elon Musk and Trump reignited over the weekend. Musk, once a top donor and ally of Trump, announced that he was forming a third political party in protest over the Republican spending bill that passed late last week. Musk has been highly critical of the bill, which he said would kill jobs and bog down burgeoning industries.

WORDS: 286- MOVED: 07/07/2025 10:39 a.m. EDT https://apnews.com/article/tesla-stock-evs-trump-musk-feud-496967841ef31b6ccaa74ba6a59da8a5

___

US-MED--OBESITY TREATMENTS-ACCESS

Wegovy and Zepbound prices fall, but access to the obesity drugs still isn't guaranteed

SUMMARY: Prices are falling for the popular obesity treatments Wegovy and Zepbound, but steady access to the drugs remains challenging. Reduced monthly costs for uninsured patients still amount to around $500. That can put the drugs out of reach for many. Coverage also continues to shift or restrict how patients get prescriptions. Doctors say the patchy coverage and costs force them to get creative in treating patients. But there's hope that prices for the injectable drugs may fall more in the future, especially once pill versions enter the market.

WORDS: 929 - MOVED: 07/07/2025 10:08 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:142e234c16df4443e8f66c27d01f44e2&mediaType=text

___

FINANCIAL MARKETS

Wall Street opens lower as Trump's tariff deadline nears

SUMMARY: Wall Street is opening lower as the Trump administration steps up pressure on trading partners to make trade deals before a Wednesday deadline. The S&P 500 was down 0.3% in early trading Monday. The Dow Jones Industrial Average fell 96 points, or 0.2%. The Nasdaq composite was down 0.5%. Tesla tumbled as the feud between CEO Elon Musk and President Donald Trump reignited over the weekend. Musk, once a top donor and ally of Trump, said he would form a third political party in protest over the Republicans' spending bill that passed last week.

WORDS: 400 - MOVED: 07/07/2025 10:04 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:b1fecf1457f908c1845669fa5349b14b&mediaType=text

___

ML--MIDEAST-WARS-YEMEN

Yemen's Houthi rebels claim attack on bulk carrier Magic Seas, which is now sinking in the Red Sea

SUMMARY: Yemen's Houthi rebels have claimed an attack on the bulk carrier Magic Seas which is now sinking in the Red Sea. Houthi military spokesman Brig. Gen. Yahya Saree made the claim Monday in a prerecorded statement. He acknowledged the Houthis attacked the Liberian-flagged and Greek-owned vessel with bomb-carrying drone boats and missiles. The attack Sunday left the Magic Seas ablaze in the Red Sea. Its 22 crew abandoned the ship and were safely recovered. Saree said the Houthis attacked the vessel as the ship belonged to a company it said continued to do port calls in Israel.

WORDS: 1021 - MOVED: 07/07/2025 9:16 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:15edf75586540201f63b7c33348fb737&mediaType=text

___

US--IMMIGRATION-FARMWORKERS-VERMONT

A Vermont dairy farm was raided. The mixed messages from Washington since then have increased fears

SUMMARY: The arrest of eight Vermont dairy farmers in April sent shock waves throughout New England's agriculture industry, and fears haven't abated since then given the mixed messages from the White House. President Donald Trump last month paused arrests at farms, restaurants and hotels. But less than a week later, the assistant secretary of the Department of Homeland Security said worksite enforcement would continue. Such uncertainty is causing problems in big produce-producing states like California. But it's also affecting small states like Vermont, where dairy is as much a part of the state's identity as its famous maple syrup. More than half Vermont's farmland is dedicated to dairy and dairy crops, and the state produces nearly two-thirds of all the milk in New England.

WORDS: 632 - MOVED: 07/07/2025 7:05 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:aea999892ad6c752a360990e1c071527&mediaType=text

___

ML--SYRIA-ELECTRICITY SANCTIONS

With sanctions lifted, Syria looks to solar power as more than a patchwork fix to its energy crisis

SUMMARY: Syria is working to rebuild its energy sector after years of civil war and crippling sanctions. The country has suffered severe electricity shortages, with only those who can afford them using costly solar panels or generators. Recent U.S. sanctions relief has opened doors for investment, including a $7 billion energy deal involving gas turbines and a large solar farm. Officials say these projects could meet much of Syria's energy needs. Efforts are also underway to repair war-damaged infrastructure. The United Nations plans to develop a renewable energy strategy to address energy poverty. Syrians hope these changes will bring affordable, reliable electricity soon.

WORDS: 994 - MOVED: 07/07/2025 1:35 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:d82a815e6b711b4e90a69ab77b539a21&mediaType=text

___

Continue Reading...

Popular

SoundHound AI Plunged 35% In 2025 - Is It Still Worth Owning?

SoundHound AI stock soared but plunged 35% YTD due to Nvidia exiting its stake, Jim Cramer's sell recommendation, and mixed Q1 results. Potential rivals, including Meta Platforms and OpenAI, pose competition. Analysts have a consensus price forecast of $10.50 for SoundHound AI.

Russia fires a record 728 drones and 13 missiles at Ukraine, Ukrainian air force says

KYIV, Ukraine (AP) — Russia fired a record 728 Shahed and decoy drones at Ukraine overnight, as well as 13 missiles, the Ukrainian air force said Wednesday, in the latest escalation amid mounting Russian aerial and ground attacks in the .

Gold Just Hit Another Record. This Junior Could Be Next. - Ad

This copper junior was the smallest company invited to a top global mining conference. With nearly 1B pounds CuEq and 50,000m of funded drilling, this story won't stay quiet for long.

This Quantum Computing Stock Just Raised $1 Billion — And Analyst Says It's Only Getting Started

Quantum computing firm IonQ Inc.  (NYSE: IONQ) saw a price target hike from Benchmark after the company successfully raised $1 billion through an equity offering at $55.49 per share, a notable 25% premium to the closing price last Thursday.

Trump keeps saying the GOP mega bill will eliminate taxes on Social Security. It does not

WASHINGTON (AP) — President keeps saying that Republicans' mega legislation will eliminate taxes on federal benefits.

Google's Next Big Bet? - Ad

On Monday, June 30, Google made a historic investment in a tiny, private firm set to generate virtually LIMITLESS energy. Now - thanks to a little-known "backdoor" into this red-hot startup - it's your turn.

This Rare Metal Spiked 300%-And One Tiny Firm May Be Riding the Surge - Ad

Antimony prices soared last year, but few investors noticed. One firm, sitting on a historic deposit, is perfectly positioned to benefit as demand grows for defense.

Alibaba's Delivery Ambition Sets Stage For China's Epic Clash Of Giants

Alibaba Group Holding (NYSE: BABA) reported a sharp rise in on-demand delivery transactions, with 80 million daily orders on Taobao Instant Commerce and Ele.me.

St. Jude Children's Hospital's fundraising arm selects new CEO in midst of global expansion

St. Jude Children’s Research Hospital’s fundraising organization, ALSAC, promoted Ike Anand Tuesday to become its new president and chief executive officer.

AI Has a Dirty Secret... - Ad

AI firms are using your data-now a forgotten U.S. law unlocks a way to get paid. With just $10 and 5 minutes, you could start collecting up to $3,452.50/month in "AI Equity Checks." This could be the easiest passive income stream yet.

Jasper Therapeutics Shares Fall On Briquilimab Drug Lot Problem

Jasper shares drop after updated BEACON study shows strong results but faces disruption from compromised drug product lot and halted pipeline programs.

Copper's Spiking - And This Junior Has the Grades to Match - Ad

Copper is climbing again - and this time, it looks tariff-proof. A $31M junior just posted nearly 1B lbs of copper equivalent. With insiders and institutions piling in, this could be the next breakout.

United to resume flights to Tel Aviv after pauses in service due to Middle East conflicts

WASHINGTON (AP) — United Airlines confirmed Tuesday that it will resume daily flights to Tel Aviv later this month after suspending service there intermittently due to recent escalations in the Middle East conflicts.

Musk forms new political party after split with Trump over president's signature tax cuts law

BRIDGEWATER, N.J. (AP) — Elon Musk said he’s carrying out his threat to form a new political party after , announcing the America Party in response to the president’s sweeping tax cuts law.

Meet the Investor Who Hopes Markets Get Worse - Ad

Market downturns are painful for most. But not for Jeff Clark... His Crossfire strategy thrives when markets spiral out of control, delivering gains like 388%, 1,263%, and 1,285%... sometimes in as little as two days. If you want to be prepared to profit from the next market downturn, watch his new video walkthrough. He explains the whole thing from beginning to end, and it won't cost you a penny.

Netflix Quietly Circles Shark Week With A Killer Strategy

Not even "Shark Week" is safe from Netflix. Here's how the streaming giant is pushing against cable dominance for summer shark content.

A judge resisted Trump’s order on gender identity. The EEOC just fired her

The federal agency charged with protecting workers’ civil rights has terminated a New York administrative judge who , including President Donald Trump’s executive order decreeing male and female as .

Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune - Ad

A high-grade copper-gold discovery in Quebec just delivered extremely high grade intercepts. Valuation? Just $31M. With copper breaking out, the timing here could be perfect. Get the symbol here.

China retaliates against EU with a ban on European medical devices

BANGKOK (AP) — China said Sunday that European medical device companies will be barred from selling to the Chinese government as a countermeasure for the European Union's restrictions on the sale of similar products from China.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as July 23rd.

Prokidney, Soundhound AI, Quantumscape, Intel, And Nvidia: Why These 5 Stocks Are On Investors' Radars Today

U.S. major indices ended mixed on Tuesday, as the Dow Jones Industrial Average slipped nearly 0.4% to 44,240.76 and the S&P 500 edged down 0.1% to 6,225.52.

How to Hack a $1.3T Market - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.

Novartis Gets Swiss Approval For First Malaria Drug For Babies

Novartis' Coartem Baby wins Swiss approval as the first malaria drug for newborns under 5 kg, offering safer dosing and easier administration.

Back This Medical AI Tech - Ad

You don't often find healthcare tech company valued at $4M. HeartSciences is an exception. With $75M invested, including R&D, clinical trials, and product development, their patented AI software is approaching FDA submission, a potential major inflection point.

Cargo ship carrying new vehicles to Mexico sinks in the North Pacific weeks after catching fire

ANCHORAGE, Alaska (AP) — A cargo ship that had been delivering new vehicles to Mexico sank in the North Pacific Ocean, weeks after crew members abandoned ship when they couldn’t extinguish an onboard fire that left the carrier dead in the water.

FDA requires updated warning about rare heart risk with COVID shots

WASHINGTON (AP) — said Wednesday it has expanded existing warnings on the two leading COVID-19 vaccines about a rare heart side effect mainly seen in young men.

Gold Just Hit Another Record. This Junior Could Be Next. - Ad

This copper junior was the smallest company invited to a top global mining conference. With nearly 1B pounds CuEq and 50,000m of funded drilling, this story won't stay quiet for long.

Dubai’s booming restaurant scene is feeling the heat of high costs and high failure rates

DUBAI, United Arab Emirates (AP) — From suspended tables to underwater lounges, some 13,000 food and drink establishments in Dubai pull out all the stops to attract customers in one of the world’s most saturated dining markets.

Gen Z Loves Job-Hopping, But This Boss Who Stayed In The Same Company For 35 Says There's An Upside To Staying Put

CEO Janet Godwin says best advice was to focus on current job, not next promotion. Gen Z prioritizes flexibility, while job hopping can lead to higher earnings but also impact retirement savings.

Google's Next Big Bet? - Ad

On Monday, June 30, Google made a historic investment in a tiny, private firm set to generate virtually LIMITLESS energy. Now - thanks to a little-known "backdoor" into this red-hot startup - it's your turn.

Outrage Mounts Over Trump's Appointment of 22-Year-Old to Terrorism Unit Amid Iran Crisis

In a move that has drawn widespread criticism, President Donald Trump has appointed 22-year-old Thomas Fugate to a critical terrorism-prevention role, amidst rising tensions with Iran.

What's in Trump's big bill that passed Congress and will soon become law

WASHINGTON (AP) — Republicans muscled President Donald Trump's tax and spending cut bill through the House on Thursday, the final step necessary to get the bill to his desk by the GOP's self-imposed deadline of July 4th.

This Rare Metal Spiked 300%-And One Tiny Firm May Be Riding the Surge - Ad

Antimony prices soared last year, but few investors noticed. One firm, sitting on a historic deposit, is perfectly positioned to benefit as demand grows for defense.

These are the celebs who are attending Jeff Bezos’ Venice wedding

VENICE, Italy (AP) — arrived in Venice on Thursday, leading a star-studded guest list of celebrities descending on the lagoon city for the weekend wedding of Amazon founder Jeff Bezos and Lauren Sánchez.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service