Lovable, a Start-Up That Makes Anyone a Coder, Raises $330 Million

Nike reported a slight increase in quarterly sales, although it continues to face challenges, particularly in China and with its Converse brand, amid ongoing tariff impacts. The company is attempting to navigate a complex market environment while implementing a turnaround strategy.

Lovable, a Swedish startup specializing in AI-built software, has achieved a valuation of $6.6 billion following a successful funding round that raised $330 million. This surge in valuation reflects the growing demand for innovative software solutions in the enterprise sector.

President Trump delivered a prime-time address where he sought to reshape the narrative surrounding the ongoing affordability crisis in the U.S., highlighting his economic achievements despite persistent inflation and a cooling labor market affecting many voters.

Israel has approved a $37 billion deal to export gas to Egypt, following the granting of an export permit, which is the final step for the agreement first announced by energy companies in August. The gas will be sourced from the Leviathan gas field located in the Mediterranean Sea off Israel's northern coast, which is crucial for Israel's economy as it typically accounts for about 70 percent of electric power generation.