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Luma launches AI-powered production studio with faith-focused Wonder Projecttechnology

Luma launches AI-powered production studio with faith-focused Wonder Project

AI video generation startup Luma has launched Innovative Dreams, a production company built in partnership with Wonder Project, a streaming service that produces religious films and TV on Amazon Prime.  The tie-up’s first show will be called “The Old Stories: Moses,” starring British actor Ben Kingsley and set to launch this spring on Prime Video.  “Innovative Dreams is a production services company where seasoned filmmakers from Director Jon Erwin’s team and Luma’s creative technologists work with great studios and filmmakers to help them realize ambitious ideas,” Luma said Thursday in a social media post.  The company envisages creative teams collaborating in real time with Luma Agents to make changes to sets, props, and lighting, as well as bring in footage of human actors. Luma Agents are the company’s recently launched tools designed to handle end-to-end creative work across text, image, video, and audio. “This is a significant improvement over the current virtual production and performance capture processes where things come together only in post,” Luma’s post said. “This is the leverage of AI — not just faster or cheaper, but better than what came before.” Luma isn’t the only startup to move from tooling to production. AI startup Higgsfield last week launched an original series, starting with a 10-minute sci-fi episode, and London-based creative studio Wonder Studios is working on a documentary with Campfire Studios.  The launch comes the same week that competitor Runway’s co-founder and co-CEO Cristóbal Valenzuela said film studios should take the $100 million they spend on a single film and instead use AI to produce 50 films in order to increase their chances of making a blockbuster.  Techcrunch event Meet your next investor or portfolio startup at Disrupt Your next round. Your next hire. Your next breakout opportunity. Find it at TechCrunch Disrupt 2026, where 10,000+ founders, investors, and tech leaders gather for three days of 2

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News of the day: First-time homebuyers, mortgage rates, Xanadu valuation, AI banking, tax filing tips and morequantum-computing

News of the day: First-time homebuyers, mortgage rates, Xanadu valuation, AI banking, tax filing tips and more

Realtors and brokers across Canada describe the mood among first-time buyers as cautious. Photo by Mario Tama/Getty ImagesArticle contentIt’s Thursday, April 16. Here are the top stories we’re following today.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentWhy first-time homebuyers are still treading cautiously this springArticle contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.We apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Play VideoArticle contentEven with the introduction of the First Home Savings Account and the First-time home buyers’ GST/HST rebate on new homes valued up to $1 million, a higher Home Buyers’ Plan withdrawal limit and provincial incentives, realtors and brokers across Canada describe the mood among first-time buyers as cautious.Article contentArticle contentRead the storyArticle contentArticle content A house for sale in Toronto, Ont. Photo by Laura Proctor/Bloomberg filesArticle contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentA rise in mortgage rates may ‘pull the rug’ out from under the spring housing market, says CREAArticle contentFollowing a frosty March, housing market demand could remain cool during what are typically the hottest homebuying months of the year, according to the latest report from the Canadian Real Estate Association.Article contentLatest EntrepreneurScroll Left           &n

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Nat-Gas Prices Rise as US Weather Forecasts Coolinvestment

Nat-Gas Prices Rise as US Weather Forecasts Cool

AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks Nat-Gas Prices Rise as US Weather Forecasts Cool April 16, 2026 — 05:49 pm EDT Written by Rich Asplund for Barchart-> May Nymex natural gas (NGK26) on Thursday closed up +0.037 (+1.42%).Nat-gas prices settled higher on Thursday as a mixed US weather forecast sparked short-covering in nat-gas futures.  The Commodity Weather Group said that forecasts shifted cooler across the eastern two-thirds of the US through April 20, but above-average temperatures are expected in the eastern US and the Upper Midwest from April 21-25. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.   On Tuesday, nat-gas prices sank to a 17-month low due to above-normal spring temperatures that have reduced US nat-gas heating demand and expanded storage levels.  Projections for higher US nat-gas production are negative for prices.  Last Tuesday, the EIA raised its forecast for 2026 US dry nat-gas production to 109.59 bcf/day from a March estimate of 109.49 bcf/day.  US nat-gas production is currently near a record high, with active US nat-gas rigs posting a 2.5-year high in late February.US (lower-48) dry gas production on Thursday was 110.7 bcf/day (+3.3% y/y), according to BNEF.  Lower-48 state gas demand on Thursday was 70.0 bcf/day (-4.3% y/y), according to BNEF.  Estimated LNG net flows to US LNG export terminals on Thursday were 19.9 bcf/day (unchanged w/w), according to BNEF.Nat-gas prices have some medium-term support on the outlook for tighter global LNG supplies.  On March 19, Qatar reported "extensive damage" at the world's largest natural gas export plant at Ras Laffan Industrial City.   Qatar said the attacks by Iran dama

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Sugar Prices Follow Crude Oil Higherinvestment

Sugar Prices Follow Crude Oil Higher

AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks Sugar Prices Follow Crude Oil Higher July 31, 2023 — 03:02 pm EDT Written by Rich Asplund for Barchart-> Oct NY world sugar #11 (SBV23) on Monday closed +0.19 (+0.79%), and Oct London white sugar #5 (SWV23) closed +4.80 (+0.71%).Sugar prices Monday posted moderate gains.  Strength in crude oil (CLU23) supported sugar prices after WTI crude on Monday rallied more than +1% to a 3-1/2 month high.  Higher crude prices benefit ethanol prices and may prompt global sugar mills to divert more cane crushing toward ethanol production rather than sugar, thus curbing sugar supplies.Strength in the Brazilian real is supportive of sugar prices.  The real (^USDBRL) last Friday climbed to a 14-month high against the dollar.  A stronger real discourages export selling from Brazil's sugar producers.  NY sugar on Monday initially fell to a 1-week low on signs of ramped-up sugar production in Brazil.  Last Tuesday, Unica reported that Brazil Center-South sugar output in the first half of July rose +8.9% y/y to 3.241 MMT and that sugar output in the 2023/24 crop year through mid-July rose +21.9% y/y to 15.470 MMT.  Also, 48.14% of the crushed sugarcane was used for sugar production this year, an increase from 43.54% last year.Brazil's favorable weather conditions prompted sugar trader Czarnikow to raise its 2023 Center-South sugar production forecast by 500,000 MT to 38.2 MMT.  Also, Datagro on June 29 forecasted that Brazil's Center-South, the main sugar-growing region, will produce a record 39.1 million tons of sugar in the 2023/24 marketing year that began in April, up +16% y/y.Sugar prices have support from excessive dryness in Thailand, the world's third-largest sugar producer, w

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Coffee Prices Retreat as the Dollar Strengthensinvestment

Coffee Prices Retreat as the Dollar Strengthens

AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks Coffee Prices Retreat as the Dollar Strengthens April 16, 2026 — 05:44 pm EDT Written by Rich Asplund for Barchart-> May arabica coffee (KCK26) on Thursday closed down -7.80 (-2.56%), and May ICE robusta coffee (RMK26) closed down -54 (-1.53%).Coffee prices fell sharply on Thursday amid pressure from a stronger dollar.  The dollar index ($DXY) recovered from a 6-week low on Thursday and moved higher, sparking long liquidation in coffee futures.  Losses in robusta coffee were limited amid tightness in current supplies as ICE robusta inventories fell to a 1.25-year low of 3,867 lots on Thursday. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.   Last Wednesday, arabica fell to a 1-month low amid expectations of a record Brazilian coffee crop.  On March 19, Marex Group Plc projected a record 2026/27 Brazil coffee crop of 75.9 million bags, even higher than Sucafina's forecast of 75.4 million bags, up +15.5% y/y.  On March 12, StoneX raised its Brazil 2026/27 coffee production estimate to a record 75.3 million bags, up from a November estimate of 70.7 million bags.  Meanwhile, StoneX projected the 2026 global coffee surplus will expand to 10 million bags from 1.8 million bags in 2025, the biggest surplus in 6 years.Smaller supplies from Brazil are supportive for coffee prices.  On Tuesday, Cecafe reported that Brazil Mar green coffee exports fell -10% y/y to 2.65 million bags.  Last Wednesday, Brazil's Trade Ministry reported that Brazil's Mar coffee exports fell -31% y/y to 151,000 MT.  Below-average rainfall in Brazil may curb coffee yields and is bullish for prices after Somar Meteorologia reported on Mo

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Global Demand Concerns Undercut Cocoa Pricesinvestment

Global Demand Concerns Undercut Cocoa Prices

AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks Global Demand Concerns Undercut Cocoa Prices April 16, 2026 — 05:32 pm EDT Written by Rich Asplund for Barchart-> May ICE NY cocoa (CCK26) on Thursday closed down -110 (-3.16%), and May ICE London cocoa #7 (CAK26) closed down -60 (-2.35%).Cocoa prices fell sharply on Thursday amid concerns about global demand.  The European Cocoa Association reported Thursday that Q1 European cocoa grindings fell -7.8% y/y to 325,895 MT, a bigger decline than expectations of -6% y/y and the lowest for a Q1 in 17 years. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.   However, losses in cocoa prices were contained on Thursday after the Cocoa Association of Asia reported that Q1 Asian cocoa grindings unexpectedly rose +5.2% y/y to 223,503 MT, stronger than expectations of a decline of -6.7% y/y.The closure of the Strait of Hormuz is also supportive for cocoa prices as it has reduced fertilizer supplies, boosted global shipping rates, insurance costs, and fuel prices, thereby raising cocoa importers' costs.An excessively short position by funds in New York cocoa could add fuel to any short-covering rally.  Last Friday's weekly Commitment of Traders (COT) report showed funds boosted their short position in NY cocoa by 1,900 net short positions in the week ended April 7 to 16,368, the most in more than 3 years.Larger cocoa supplies from the Ivory Coast are bearish for prices.  Monday's cumulative data from the Ivory Coast showed that farmers shipped 1.46 MMT of cocoa to ports in the current marketing year (October 1, 2025, through April 12, 2026), up +0.7% from 1.45 MMT in the same period a year ago.  Ample supplies are also bearish for cocoa

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Netflix co-founder and chair Reed Hastings to leave boardtechnology

Netflix co-founder and chair Reed Hastings to leave board

Reed Hastings, the co-founder and chairman of Netflix, is leaving the company’s board when his term expires this summer. Hastings is stepping aside to focus on “philanthropy and other pursuits,” the company said in a letter to shareholders. The departure was revealed in the company’s first-quarter earnings report published Thursday. Hastings will officially leave the board when his term is up in June, according to the filing. “Netflix changed my life in so many ways, and my all‑time favorite memory was January 2016, when we enabled nearly the entire planet to enjoy our service,” Hastings said in a statement included in the earnings report. “My real contribution at Netflix wasn’t a single decision,” Hastings continued. “It was a focus on member joy, building a culture that others could inherit and improve, and building a company that could be both beloved by members and wildly successful for generations to come.” The outgoing founder also thanked Ted Sarandos, the company’s CEO, and Greg Peters, its co-CEO. In 1999, when mom-and-pop video rental stores still coated the country, Hastings and Netflix co-founder Marc Randolph launched a subscription DVD-by-mail business for movies. In the coming years, Netflix would help wipe out many of those mom-and-pop stores (as well as mega-rental chain Blockbuster), as its offerings expanded from a disc-delivery service to digital delivery (the company officially retired its disc-delivery service in 2023). Under Hastings’ leadership, Netflix became a pioneer in the streaming industry, inspiring a wave of similar services from the likes of Amazon, HBO, Disney, Hulu, and others. “Reed built a culture of innovation, integrity and high performance that defines who we are today,” the company said in the earnings report. “His vision and leadership pioneered how the world is entertained, and his legacy and impact are not only felt by all of us at Netflix, but by audiences around the world.” Techcrunch event Meet your next investor or por

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Got $7,500? 1 Defense Stock With the Backlog and Balance Sheet to Weather Any Trump‑Era Budget Swing.investment

Got $7,500? 1 Defense Stock With the Backlog and Balance Sheet to Weather Any Trump‑Era Budget Swing.

By Brett Schafer – Apr 16, 2026 at 5:10PM ESTKey PointsLockheed Martin has steady growth from its fighter jet and missile weapons programs. It has a history of innovation in defense and space technologies, which gives the stock significant optionality. The stock trades at a reasonable earnings multiple right now, unlike many other hot defense stocks. Defense and space stocks are having a moment. Whether due to the upcoming initial public offering (IPO) of SpaceX or the growing need for defense supplies amid conflicts around the world, investors are buying defense stocks for their portfolios at a rapid pace. This is all fine and well, but the sun doesn't always shine on the defense/war contractors, especially in programs that are experimental and bound for revisions, such as the Golden Dome missile defense system. If you have money to invest and want a prime contractor in the defense industry with the backlog to get through any Trump-era volatility, then Lockheed Martin (LMT 0.59%) may be just for you. If you have $7,500 available to invest, here's why you might want to put it toward buying and holding this stock for the long term. Image source: Getty Images. Lockheed Martin manages diversified defense programs Lockheed Martin operates across the entire defense arena, but mainly focuses on aerospace and missile solutions. These include large existing contracts such as the F-35, the most advanced main fighter jet for the United States and its allies right now. Long-term contracts for the F-35 should generate revenue for decades, including maintenance and project upkeep. These contracts may also apply in areas like missile procurement, which are used extensively to intercept enemy weapons in places like Ukraine and the Persian Gulf. The company recently announced a quadrupling of production for its precision strike missiles. All these existing programs are why Lockheed Martin had a record backlog of $194 billion at the end of 2025, a figure that is set to only grow in

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Soybeans Firming Higher at Middayinvestment

Soybeans Firming Higher at Midday

AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks Soybeans Firming Higher at Midday April 16, 2026 — 05:49 pm EDT Written by Austin Schroeder for Barchart-> Soybeans are trading with contracts fractionally higher in the nearbys to a nickel higher in the new crop months. The cmdtyView national average Cash Bean price is up 3/4 cent at $11.02 1/2. Soymeal futures are $2 to $3 lower on the day, with Soy Oil futures up 190 to 193 points. Weekly Export Sales data was released this Thursday morning, as 247,886 MT of 2025/26 soybeans were sold in the week of 4/9, which was on the lower end of estimates of between 200,000 to 600,000 MT. That was a marketing year low for sales. New crop sales were at 0 MT.  Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.   Soybean meal sales were tallied at 255,722 MT, which failed to reach the trade estimate of 300,000 to 600,000 MT. Bean oil business was pegged at 1,138 MT within estimates of net reductions of 10,000 MT to net sales of 14,000 MT.Brazilian soybean production was left at 177.85 MMT in the latest Aboive estimate, unchanged from the previous number. Crush was raised by 0.7 MMT, with exports rising 2.1 MMT from the prior estimate to 113.6 MMT.May 26 Soybeans  are at $11.67 1/2, up 1/2 cent,Nearby Cash  is at $11.02 1/2, up 3/4 cent,Jul 26 Soybeans  are at $11.84 1/4, up 1 cent,Nov 26 Soybeans  are at $11.59 1/2, up 5 cents,New Crop Cash  is at $10.98 3/4, up 5 1/4 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for info

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