Dj Ford Lays Out An Ambitious Plan For Its Next Model T Moment

Investing.com – Mexico stocks were higher after the close on Friday, as gains in the Industrials, Consumer Goods & Services and Consumer Staples sectors led shares higher.

At the close in Mexico, the S&P/BMV IPC gained 0.26%.

The best performers of the session on the S&P/BMV IPC were Grupo Televisa SAB Unit (BMV:TLEVISACPO), which rose 3.37% or 0.30 points to trade at 9.19 at the close. Meanwhile, Grupo Carso, S.A.B. De C.V. (BMV:GCARSOA1) added 2.91% or 3.71 points to end at 131.39 and Gentera SAB de CV (BMV:GENTERA) was up 2.60% or 1.10 points to 43.46 in late trade.

The worst performers of the session were Industrias Penoles Sab De CV (BMV:PEOLES), which fell 3.35% or 18.40 points to trade at 531.00 at the close. Promotora y Operadora de Infraestructura SAB de CV (BMV:PINFRA) declined 2.19% or 5.29 points to end at 236.18 and Becle SA (BMV:CUERVO) was down 1.98% or 0.45 points to 22.29.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 129 to 110 and 18 ended unchanged.

Gold Futures for December delivery was down 0.05% or 1.65 to $3,381.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.27% or 0.81 to hit $63.15 a barrel, while the October Brent oil contract fell 1.05% or 0.70 to trade at $66.14 a barrel.

USD/MXN was down 0.23% to 18.74, while EUR/MXN rose 0.27% to 21.94.

The US Dollar Index Futures was down 0.40% at 97.71.

Investing.com -- Meta Platforms is planning to restructure its artificial intelligence efforts for the fourth time in six months, according to The Information, citing three people familiar with the matter.

The company’s Meta Superintelligence Labs is expected to be divided into four groups: a new lab currently known as TBD Lab (short for "to be determined"); a team focused on products including the Meta AI assistant; a team dedicated to infrastructure; and the company’s Fundamental AI Research lab, which handles longer-term research.

This reorganization follows a turbulent period for Meta’s AI initiatives. CEO Mark Zuckerberg has made significant efforts to overhaul the company’s AI work after setbacks earlier this year. During the summer, Meta agreed to invest billions of dollars to hire former Scale AI CEO Alexandr Wang and former GitHub CEO Nat Friedman as co-leaders of Meta Superintelligence Labs, an AI initiative aimed at achieving superintelligence.

The company has also been aggressively recruiting talent, hiring dozens of researchers from competitors including Google, OpenAI, and Anthropic.

The restructuring plans have not yet been announced internally and could still change, sources told The Information.

TBD Lab, which is developing the newest version of Meta’s flagship large language model Llama, is expected to have multiple leaders. Jack Rae, formerly of Google, is likely to lead pre-training efforts, where models learn to predict text from trillions of words collected from the internet and other datasets.

Ruoming Pang, who previously led model development at Apple, is expected to head infrastructure for TBD Lab, while Jiahui Yu, formerly of OpenAI, is anticipated to lead multimedia initiatives that would enable models to understand and generate non-text content.

The post-training team is expected to be led by Hongyu Ren, formerly of OpenAI, and Pei Sun, formerly of Google. Post-training involves using refined data to improve a model’s performance on specific tasks.

Nat Friedman is expected to continue overseeing products for Meta Superintelligence Labs. Robert Fergus, co-founder of FAIR (Facebook AI Research), is likely to continue leading that lab, while Aparna Ramani, a long-time vice president of engineering for infrastructure, is expected to join as head of the broader infrastructure group.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

rYojbaba Co., Ltd. (RYOJ) completed its initial public offering of 1,250,000 Japanese common shares at $4.00 per share, raising $5 million in gross proceeds before underwriting fees and expenses. The Japanese labor consulting and health services company began trading on the Nasdaq Capital Market on August 14, 2025.

The company granted underwriters a 45-day option to purchase up to 187,500 additional shares at the offering price to cover over-allotments. D. Boral Capital LLC served as lead book-running manager, with Sutter Securities, Inc. as co-underwriter and Boustead Securities, LLC as financial advisor.

rYojbaba plans to use net proceeds for working capital and general corporate purposes, including developing an IT platform for labor consulting services, hiring additional consultants, expanding consulting operations internationally, and growing its healthcare business through acquisitions and franchising.

The company operates labor consulting services for Japanese companies and unions, focusing on workplace culture issues and work-related concerns. Its health services division includes 28 osteopathic clinics and two beauty salons across Japan, offering judo theory-based osteopathic medicine.

The SEC declared the company’s Form F-1 registration statement effective on July 31, 2025. A final prospectus was filed with the SEC on August 14, 2025.

Investing.com – Russia stocks were higher after the close on Friday, as gains in the Telecoms, Oil & Gas and Mining sectors led shares higher.

At the close in Moscow, the MOEX Russia Index gained 1.16% to hit a new 3-months high.

The best performers of the session on the MOEX Russia Index were Rosneft PJSC (MCX:ROSN), which rose 2.79% or 13.25 points to trade at 488.00 at the close. Meanwhile, Moskovskiy Kreditnyi Bank PAO (MCX:CBOM) added 2.77% or 0.23 points to end at 8.41 and Rostelekom PJSC (MCX:RTKM) was up 2.74% or 1.90 points to 71.30 in late trade.

The worst performers of the session were MMC NORILSK NICKEL PJSC (MCX:GMKN), which fell 0.67% or 0.90 points to trade at 130.60 at the close. Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN) declined 0.50% or 0.18 points to end at 35.97 and Surgutneftegas PJSC Pref (MCX:SNGS_p) was down 0.48% or 0.22 points to 45.44.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 119 to 112 and 20 ended unchanged.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 5.79% to 49.18 a new 3-months high.

Gold Futures for December delivery was down 0.05% or 1.65 to $3,381.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.27% or 0.81 to hit $63.15 a barrel, while the October Brent oil contract fell 1.05% or 0.70 to trade at $66.14 a barrel.

USD/RUB was up 0.86% to 80.43, while EUR/RUB rose 0.99% to 93.79.

The US Dollar Index Futures was down 0.40% at 97.71.

Investing.com – Colombia stocks were higher after the close on Friday, as gains in the Industrials, Services and Agriculture sectors led shares higher.

At the close in Colombia, the COLCAP rose 0.61% to hit a new 5-year high.

The best performers of the session on the COLCAP were Corporacion Financiera Colombiana SA (BVC:CFV), which rose 4.05% or 700.00 points to trade at 18,000.00 at the close. Meanwhile, Corporacion Financiera Colombiana (BVC:CFV_p) added 3.80% or 620.00 points to end at 16,920.00 and Grupo Cibest SA (BVC:CIBEST) was up 1.65% or 940.00 points to 57,840.00 in late trade.

The worst performers of the session were Etb (BVC:ETB), which fell 5.71% or 3.00 points to trade at 49.50 at the close. Celsia SA (BVC:CEL) declined 1.54% or 75.00 points to end at 4,795.00 and Mineros SA (BVC:MAS) was down 1.37% or 110.00 points to 7,940.00.

Falling stocks outnumbered advancing ones on the Colombia Stock Exchange by 0 to 0.

Shares in Grupo Cibest SA (BVC:CIBEST) rose to all time highs; up 1.65% or 940.00 to 57,840.00.

US coffee C for September delivery was up 5.16% or 16.85 to $343.35 . Elsewhere in commodities trading, US cocoa for delivery in September rose 0.07% or 6.00 to hit $8,231.00 , while the December Gold Futures contract fell 0.05% or 1.65 to trade at $3,381.55 a troy ounce.

USD/COP was down 0.94% to 4,016.00, while BRL/COP fell 0.65% to 743.66.

The US Dollar Index Futures was down 0.40% at 97.71.

Investing.com -- Lockheed Martin Space has been awarded a $110.9 million contract modification for Trident II missile production and deployed systems support, the U.S. Department of Defense announced Friday.

The cost-plus-fixed fee modification to a previously awarded contract will be performed primarily in Magna, Utah, which accounts for 94.9% of the work. Additional work will take place in Clearwater, Florida (2.7%), Titusville, Florida (1.3%), and other locations accounting for less than 1% each (1.1% total).

The contract work is scheduled to be completed by September 30, 2029. The Department of Defense will obligate $110.6 million in fiscal 2025 weapons procurement funds from the Navy, along with $292,303 in fiscal 2023 weapons procurement funds. None of these funds will expire at the end of the current fiscal year.

The contract was awarded to Lockheed Martin on a sole source basis under 10 U.S. Code 3204(a)(1). While the opportunity was previously posted on the Systems for Award Management website, only one proposal was received.

Strategic Systems Programs in Washington, D.C. is serving as the contracting activity for this unclassified project.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.