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According to Axios, a U.S. official said, "If they (Iran) don't make a statement tomorrow, it won't be a good day for them."
Fitch: Saudi Arabia’s real GDP growth is expected to slow to 0.6% in 2026 and rebound in 2027.
Fitch: Saudi Arabia faces high geopolitical risks, but its economy and public finances have shown resilience during the Iraq War.
Fitch affirmed the Netherlands' credit rating at 'AAA' with a stable outlook.
Fitch affirmed Saudi Arabia's rating at 'A+'; outlook is stable.
A senior U.S. official said the U.S. would not reach an agreement with Iran without a clear commitment on the Iranian nuclear issue.
A senior U.S. official said the U.S. has the military means to ensure that Iran’s nuclear facilities are not operational.
A senior U.S. official said that progress has been made in U.S.-Iran talks, but ultimately either an agreement will be reached or none will be reached.
On July 11, Apple (AAPL.O) filed a lawsuit against OpenAI in a US court, accusing it of obtaining undisclosed product information, including design drawings, component data, and engineering documents, through former Apple employees for the development of AI hardware. Apple claims that OpenAI and its hardware head, Tang Tan, are involved in obtaining confidential information and demands that OpenAI cease such activities and destroy the confidential materials. Tang Tan previously led the development of Apple's iPhone, Apple Watch, and AirPods. After leaving Apple in 2024, he joined the AI hardware startup io Products, which was subsequently acquired by OpenAI for $6.5 billion. Apple and OpenAI previously collaborated on integrating ChatGPT into Apple Intelligence and Siri, but their relationship deteriorated due to competition in AI hardware and talent acquisition. Apple claims that more than 400 former employees have joined OpenAI.
On July 11, Iranian Foreign Ministry spokesman Bagaei stated on the 10th that Iran had never requested negotiations with the United States, but had agreed to allow mediators to visit Iran. Earlier that day, US President Trump posted on his Real Social media account that Iran hoped to continue "negotiations" with the US, and that the US had agreed to continue negotiations.
Iranian Foreign Ministry spokesman Bagay said: Iran will not allow inspections of facilities damaged by attacks by the United States and Israel, and that UN Security Council Resolution 2231 has effectively lost its legal effect.
Market news: Court documents show that Apple (AAPL.O) has sued OpenAI, accusing it of misappropriating trade secrets.
Iranian Foreign Ministry spokesman Bagay said: "Based on a responsible stance, Iran has not rejected the request from regional mediators to visit Iran and hold talks on the latest developments."
Iranian Foreign Ministry spokesman Bagay said: Iran is determined to ensure the safety of maritime traffic in the Strait of Hormuz and will continue to cooperate with Oman.
Iranian Foreign Ministry spokesman Bagay said: "The Qatari delegation visited Mashhad, Iran, and Iran has conveyed its views and position to them."
Iranian Foreign Ministry spokesman Bagay denied claims that Iran had requested negotiations with the United States, stating that Iran had never made such a request.
According to The Information: Musk has asked Tesla (TSLA.O) employees to switch to Grok.
The Dow Jones Industrial Average rose 149.48 points, or 0.28%, to close at 52,636.89 on Friday, July 10; the S&P 500 rose 31.65 points, or 0.42%, to close at 7,575.29; and the Nasdaq Composite rose 74.72 points, or 0.29%, to close at 26,281.61.
Moderna (MRNA.O) closed down 11%, marking its biggest drop since May 2025.
Meta Platforms (META.O) rose 11% in two days, marking its biggest two-day gain since April 2025.
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