A virtual pet that only comes alive when two people raise it together is at the center of a growing AI movement out of Berlin. Born, an AI gaming startup co-founded and led by Fabian Kamberi, announced on Sept. 10 that it just secured $15 million in a Series A round led by Accel with backing from Tencent and Laton Ventures, lifting its total funding to $25 million.

Shared Digital Creatures as Antidote to Isolation

Born’s flagship product, Pengu, merges generative AI with a social twist by asking users to co-parent, play minigames, and care for the same virtual pet. Users collaborate with friends or partners rather than each having solo conversations with a chatbot. According to the company, the shared responsibility aims to strengthen both virtual play and real-world relationships. Born frames its mission as moving away from chatbot-centric platforms that keep users isolated. The company stated that its AI characters are designed to be social, emotionally resonant, and culturally relevant, allowing users to connect with friends through shared digital experiences rather than relying solely on one-to-one conversations with a bot. Kamberi told TechCrunch that existing AI companions often isolate users by focusing only on one-to-one chatbot interactions, which he sees as exploitative rather than supportive. He added: “It feels like it fuels the loneliness epidemic, instead of making it more fun and giving users the opportunity to make their lives better.”

Pengu’s Global Growth and Born’s Next AI Character Plans

Pengu has over 15 million users globally, though Born has not published how many of those are paying subscribers. The app operates on a freemium model, and users can upgrade via a Pengu Pass subscription for access to extra features, TechCrunch reported. Trending: ‘Scrolling To UBI’ — Deloitte’s #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.30/share. Born said it plans to add new characters to Pengu, including some that double as learning companions. The company will open an office in New York later in the year to support marketing efforts and drive deeper AI research into character personality, memory of past interactions, and growth over time.

Teen-Targeted Social AI in Stealth Mode

Born readies another social AI product aimed at ages 16-21, though users as young as 13 may access its apps. This new product remains in stealth mode, aiming to deliver “culturally relevant AI companions that feel like real friends,” possibly recommending TikTok videos or Instagram Reels based on each user’s content consumption. Kamberi expects this new product to benefit from network effects as users sharing their creations on social platforms could drive growth, TechCrunch reported.

Investor Backing and Born’s Vision for Social AI Expansion

Accel, Tencent, and Laton Ventures believe Born addresses a gap in consumer AI by combining entertainment with social connectivity. Accel Partner Luca Bocchio said in the statement that the firm has been “really impressed by the team’s ability to develop chart-topping apps and their inspiring product vision, and we’re looking forward to continuing our partnership with them as they scale globally.” Kamberi said the new capital will accelerate the company’s roadmap, enabling Born to expand its product lineup and strengthen its AI research: “This funding allows us to push forward on building AI experiences that feel human, relevant, and deeply integrated into people’s digital lives. We intend to lead this new category by doing what we do best: delivering exciting and valuable consumer social experiences.” Born relies primarily on OpenAI’s generative AI models, but has built additional safety layers for younger users, TechCrunch reported.

It has never been easier to make a website or graphic with AI tools, but Jorn van Dijk, the cofounder of AI website builder Framer, says designers still need to put in some grunt work to stand out in the field.

Van Dijk told Business Insider that designers must nurture their sense of taste as they develop their careers.

“Taste and quality go hand in hand. With AI, it’s super easy to make something sloppy very fast. That’s why it’s called AI slop,” he said.

“A way to stand out is to focus on quality and making something unique to yourself, to the individual, and to the brand,” he added.

This is critical for businesses, which rely on their designers to develop a brand that “people like to engage with and get excited about,” van Dijk said.

“That is increasingly hard and not easy to do,” he said.

To refine one’s taste, van Dijk said designers should go back to the basics and “hone your hard skills.” That involves getting practice with tools to create good design and producing more work.

“Do a lot of exploration, make a lot of mock-ups, make a lot of icons, draw a lot of logos,” van Dijk said.

“What worked 10 years ago is probably still true today. It’s just that the tools have changed, and we can leverage AI to do better work,” he added.

Van Dijk started Framer in 2014 with his cofounder, Koen Bok. The company has over 130 employees and is based in Amsterdam, per PitchBook. In August, Framer raised $100 million at a $2 billion valuation in its Series D funding round.

Van Dijk and Bok cofounded Sofa in 2006, a software company that made apps for Apple’s MacBooks. Meta acquired Sofa in 2011, and the pair worked as product designers at the social media giant between 2011 and 2013.

Van Dijk told Business Insider that AI can benefit many creative fields, such as graphic design and film, but it hasn’t leveled the playing field between professional artists and the average person.

“It’s never been easier to create good video, but I haven’t really seen the amount of amazing videos or ads skyrocket because of that,” he said.

Robinhood announced Monday it has filed an application with the U.S. Securities and Exchange Commission to launch a new publicly traded fund that will hold shares of startups.

The idea behind the “Robinhood Ventures Fund I” is to allow every retail investor access to make money on the hottest startups before they go public.

While the current version of the application is public, Robinhood hasn’t filled in the fine-print yet. This means we don’t know how many shares it plans to sell, nor other details like the management fee it plans to charge. It’s also unclear which startups it hopes this fund will eventually hold. The paperwork says it “expects” to invest in aerospace and defense, AI, fintech, robotics as well as software for consumers and enterprises.

Robinhood’s big pitch is that retail investors are being left out of the gains that are amassed by startup investors like VCs. That’s true to an extent. “Accredited investors” — or those with a net worth large enough to handle riskier investments — already have a variety of ways of buying equity in startups, such as with venture firms like OurCrowd.

Retail investors that are not rich enough to be accredited have more limited options. There are funds similar to what Robinhood has proposed, including Cathy Wood’s ARK Venture Fund, a mutual fund which holds stakes in companies like Anthropic, Databricks, OpenAI, SpaceX, and others.

Robinhood’s last such effort was controversial. The trading company launched what it called private “tokenized” stocks in the EU earlier this year, implying these tokens gave retail investors the ability to make money from shares of private companies like OpenAI. However, OpenAI denounced the product, pointing out that buyers of these tokens were not actually buying OpenAI stock — tokenized or otherwise. They were simply buying tokens pegged to prices of a private company’s stock.

This new closed-end “Ventures Fund I” is a more classic, mutual fund-style, approach. As to when Robinhood’s new fund will be available we don’t know that either yet. Robinhood, which is in a quiet period, declined to comment.

Tencent Holdings Ltd. began marketing its first bond sale in four years, joining a wave of borrowing among Chinese tech firms as competition intensifies in a quickening global AI race.

The Chinese internet giant is looking to sell five-year, 10-year and 30-year offshore yuan denominated notes, with initial price guidance at 2.6%, 3% and 3.6% areas, according to a person familiar with the matter. The deal could be priced as early as Tuesday, said the person.

If successful, it would be Tencent’s first-ever sale of dim sum notes and its first bond offering in any currency since April 2021, according to data compiled by Bloomberg. The newly priced securities would add to Tencent’s existing $17.75 billion in outstanding notes.

Proceeds from the proposed senior unsecured bonds would be used for general corporate purposes, the person added. Tencent has a $1 billion note due in January 2026 and a $500 million security maturing in April next year, Bloomberg-compiled data show.

The debt offering comes amid increased fundraising activity in China’s technology sector, as companies invest billions in artificial intelligence capabilities. Total capital expenditure by major Chinese internet firms such as Alibaba Group Holding Ltd., Tencent, Baidu Inc. and JD.com Inc. is set to hit $32 billion in 2025, more than doubling from $13 billion in 2023, according to a Bloomberg Intelligence report.

Alibaba raised about $3.2 billion just last week in the largest convertible bond offering of the year.

Meanwhile, Baidu recently raised 4.4 billion yuan ($618 million) from a dim sum bond offering, following a 10 billion yuan issuance in March. Chinese food delivery and retail services company Meituan is also considering a potential dim sum bond sale.

China ruled that Nvidia Corp. (NVDA) violated anti-monopoly laws with a high-profile 2020 deal, ratcheting up the pressure on Washington during sensitive trade negotiations.

The US chipmaker was found in violation of antitrust regulations after the acquisition of networking gear maker Mellanox Technologies Ltd., the State Administration for Market Regulation said after concluding a preliminary investigation. Nvidia’s shares fell about 2% in pre-market trading, while US stock index futures pared gains.

The surprise announcement emerged with US and Chinese officials heading into a second day of wide-ranging negotiations in Madrid over tariffs, which could shape the relationship between the world’s two largest economies. Nvidia has this year found itself at the center of those discussions, because of its central role in driving future technologies including artificial intelligence.

In December, Beijing opened a probe into Nvidia’s acquisition of Mellanox, taking aim at the world’s most valuable company. Beijing gave approval for the $7 billion acquisition deal four years ago, on condition Nvidia not discriminate against Chinese companies.

The US government then implemented regulations that banned Nvidia from selling its most advanced AI chips to Chinese companies, including the H100, because of what it called national security concerns. Nvidia redesigned its chips at least twice so they would comply with the American regulations and it could sell them into the country.

Monday’s initial ruling comes weeks after the US agreed to allow Nvidia and Advanced Micro Devices Inc. (AMD) to sell some of their sought-after AI chips to Chinese companies. However, Beijing has since pushed local companies and agencies to avoid Nvidia’s H20 accelerator, citing security concerns.

The regulator didn’t specify on Monday what sort of remedies it would seek. The agency said it will investigate further, without elaborating. Nvidia did not immediately respond to an emailed request for comment outside of regular office hours.

It’s unclear what impact the announcement would exert on talks in Madrid. The first day of negotiations lasted for almost six hours, according to a senior Treasury official, spanning topics from TikTok to trade and the global economy. Over the weekend, China also said it was launching an anti-dumping investigation targeting certain US-made semiconductors. Shares of American chipmakers including Texas Instruments Inc. fell in pre-market trading.

ByteDance Ltd.’s popular app faces a deadline this week to reach an agreement to ensure it continues operations in the US. Reuters earlier reported that the Trump administration is expected to again extend the deadline for TikTok divestiture.

Xiaomi Corp. will release its next flagship smartphone this month and update its branding in a measure to go head-to-head with Apple Inc. for a share of the premium smartphone market.

The Beijing-based company is moving up its usual launch timeline and jumping directly from the Xiaomi 15 generation to the new 17 series, matching Apple’s iPhone nomenclature with new Xiaomi 17 Pro and 17 Pro Max models incoming. Co-founder and Chief Executive Officer Lei Jun said on Monday that his company wants to be measured against Apple’s smartphones, long considered the standard bearers at the high end of the market.

Xiaomi’s shares rose 1.9% in Hong Kong on Monday, boosted in part by a rally in Chinese electric automakers and suppliers.

Apple’s iPhone 17 goes on sale globally this Friday, with the new Pro editions bringing a refreshed design. The Cupertino, California-based company controls 62% of sales in the premium segment — handsets priced at $600 and above — according to Counterpoint Research data. Xiaomi has only a sliver of that segment globally, though it grew such sales by 55% in the first half of this year and stands a better chance to compete domestically in China, where Apple’s iPhone Air has been delayed.

“We started our premiumization strategy five years ago to learn from our greatest competitor, benchmarking ourselves against the iPhone,” Xiaomi President Lu Weibing said in a post on Weibo. “Apple is still outstanding. But we are highly confident we can face the challenge with the same generation of product.”

The iPhone 17 appears to be off to a strong start in China, according to a Jefferies analysis of pre-orders. Government subsidies are making the entry-level variant more attractive than last year and “Apple’s pricing strategy indicates its strong determination to defend market share in China,” analysts led by Edison Lee wrote in a note.

Long known for its value-for-money proposition spanning everything from smartphones and laptops to kitchen appliances and luggage, Xiaomi made a bold foray into electric vehicles that’s begun to pay off over the past year, almost tripling its Hong Kong-traded shares. Succeeding in an emerging field that Apple abandoned, Xiaomi appears newly emboldened to take on the US smartphone leader.

“Jumping to the 17 series sounds like Xiaomi is confident enough to say that it can be as good as Apple, which is still held in high regard in China,” said IDC analyst Bryan Ma. “For Xiaomi, 10% of its China smartphone shipments were above $600 in the first half of this year, which is up from nearly nothing in 2019.”

If there were any doubts that Wall Street’s long-awaited rebound in initial public offerings is here, they were put to rest this past week.

Six companies went public over five days that each raised more than $100 million — something that hasn’t happened since November 2021, according to Renaissance Capital. Collectively, IPOs from these companies raised $4.4 billion.

“The pickup is here,” Renaissance Capital director of investment strategies Avery Marquez said in an interview, adding, “Things could change very quickly. Right now, it looks like we’re in for a very active fall.”

The action pushed total proceeds from all traditional IPOs so far this year to $25 billion, according to Dealogic, which is also the highest since 2021.

The new offerings include a Swedish buy now, pay later lender, a blockchain platform that approves mortgages, a Pacific Northwest coffee bar chain, and a crypto exchange started by billionaire twins Tyler and Cameron Winklevoss.

Renaissance isn’t expecting another five-day stretch to match that number of big deals, which is defined as more than $100 billion. Currently, it’s projecting about three to five such IPOs per week for the next two months.

This past week ended with Friday listings from Gemini Space Station (GEMI), the parent company of crypto exchange Gemini; coffee chain Black Rock Coffee Bar (BRCB); transportation software company Via Transportation (VIA); and building efficiency provider Legence (LGN).

Gemini raised $425 million in its IPO. The crypto exchange’s stock was up 18% as of Friday afternoon. Black Rock Coffee Bar, Via, and Legence raised $294 million, $493 million, and $728 million, respectively. Their stocks are up 45%, 3%, and 8%, respectively.

“IPO issuance has exploded post Labor Day,” Bank of America head of Americas equity capital markets Jim Cooney said. He noted that IPO road shows held by senior executives and their bankers are currently the busiest they’ve been since the peak of IPO mania in mid-2021.

Earlier in the past week came public listings from buy now, pay later lender Klarna (KLAR) and Figure Technology Solutions (FIGR), a blockchain platform that offers crypto trading and a marketplace for mortgages.

Figure and Klarna raised $787.5 million and $1.37 billion, respectively, in their public listings. Their stocks were up 7% and down 3%, respectively, as of Friday afternoon.

Mike Cagney, Figure co-founder and former CEO of SoFi Technologies (SOFI), told Yahoo Finance Thursday that the company plans to use the fresh capital “like a weapon” to outcompete rivals.

“Having that balance sheet is going to allow us to lean in and really push disruptive blockchain use cases in a way that not having that capital would be difficult,” Cagney said.

With most of his wealth tied up in Figure shares, Cagney is now a billionaire thanks to his company’s IPO, according to the Bloomberg Billionaires Index.

Not everyone is viewing the return of IPO mania this week with excitement. While their Wall Street operations appear to be humming, some major bankers pointed out more uncertainty when looking at the full economic picture.

“Risk appetite is definitely out on what I’d say is the more exuberant end of the spectrum,” Goldman Sachs CEO David Solomon said Monday.

“We’re looking at the back half [of the year] to likely have slowing growth, in 2026 to have slowing growth as well,” Citigroup CFO Mark Mason said Tuesday.

A report from the Bureau of Labor Statistics on Tuesday showed that the US added nearly a million fewer jobs than initially reported in the monthly payroll report for the 12-month period ending in March 2025. The massive revision came only days after the preliminary payroll report showed that the US added just 22,000 jobs in August.

Uncertainty “kind of just seems like something that’s on everybody’s mind, but not really influencing their risk appetites,” Renaissance’s Marquez added.

David Rosenberg isn’t always right. The founder of Rosenberg Research, who rose to fame after calling the 2008 recession, regularly expresses a bearish outlook for the economy and markets that often don’t come to fruition. But in a world where bullish forecasts are the consensus among Wall Street’s top equity strategists, it can be prudent to heed Rosenberg’s warnings. While his predictions usually don’t play out, there’s no denying that the economist sufficiently shows his work, providing relevant data that ought to give investors pause. In a recent note to clients, Rosenberg provided some concerning numbers on where the S&P 500’s forward returns could be headed, given current valuations. The index’s Shiller cyclically adjusted price-to-earnings ratio is hovering around 37.5. The measure smooths out business cycles by comparing current stock prices to a 10-year rolling average of earnings. It’s the third-most expensive level of all-time, behind peaks in 2021 and 2022.

Valuations are usually reliable predictors of long-term stock market performance. Bank of America data shows that starting valuations can explain about 80% of the market’s performance over the following 10 years. Last year, Morgan Stanley and Goldman Sachs strategists said that high valuations would lead to relatively weak returns for the market over the coming decade. In the short term, valuations are poorer predictors of performance. Rosenberg’s data, however, shows that when the market gets this historically expensive — though, granted, it has only happened twice before — one-year forward returns have been negative. The column on the right in the table below shows forward returns over 1-, 3-, 5-, and 10-year periods when the Shiller CAPE ratio gets above 35.

“It’s the only cutoff point where every single time is negative,” Rosenberg said in an interview with Business Insider on Thursday. Valuations alone aren’t why Rosenberg is skeptical of the rally. It’s the heightened expectations paired with a weakening economic backdrop as the labor market continues to show signs of slowing. Job growth has been below 100,000 per month over the past four months, data from the Bureau of Labor Statistics show. And the economy has added 911,000 fewer jobs than previously thought in the year through this March, the BLS said this week. Rosenberg believes the outlook will continue to worsen. He pointed to initial jobless claims rising to 263,000 last week, worse than economists expected and at levels that should trigger downward pressure on payroll growth. All of this adds up to the US economy already being in the midst of or on the precipice of a downturn, he said. “What we know arithmetically is that the hiring rate today is so low that once you cross above 240,000 on claims, it triggers a negative impulse on nonfarm payrolls, which I think is what we’re going to see when the September data roll out early October,” he said. The fact that stocks continue to punch through all-time highs despite these warning signs — showing heightened investor sentiment — is one clue that stocks are in bubble territory, Rosenberg said. “This is what a euphoric state looks like we’re seeing it in real time,” he added. “We are in a gigantic price bubble that is ongoing. And you know it’s a price bubble when prices move up in the face of negative fundamentals.”

Stock Markets

The major stock indexes delivered a mixed performance this week, with record-breaking highs amid uncertainty about Federal Reserve policy. The Dow Jones Industrial Average finished up 617.08 points, or 1.36%, at 46,108.00, while the S&P 500 ended up 0.85% at 6,587.47. The Nasdaq Composite advanced 0.72% to 22,043.07. All three major averages scored new intraday all-time highs in the trading day and closed at record levels. However, the week ended on a more cautious note. The tech-heavy Nasdaq closed 0.44% higher to settle at 22,141.10, led by a surge in Tesla shares. The broad market S&P 500 hovered around the flatline, down just 0.05% to finish at 6,584.29. The blue-chip Dow Jones Industrial Average lost 273.78 points, or 0.59%, to close at 45,834.22. The main stock market index of United States, the US500, fell to 6584 points on September 12, 2025, losing 0.05% from the previous session. Over the past month, the index has climbed 1.82% and is up 17.03% compared to the same time last year. Market breadth showed improvement throughout the week. Stocks rolled up more record highs Thursday with broad participation across most sectors, unlike the narrower rallies earlier this week. The percentage of S&P 500 stocks above their 50-day moving average topped 63% yesterday, but even that’s relatively low breadth considering index strength.

U.S. Economy

The week’s economic data presented a mixed picture, with inflation concerns and labor market weakness creating uncertainty ahead of the Federal Reserve’s policy meeting. Consumer prices rose at annual rate of 2.9% in August, showing a slight acceleration in inflationary pressures. On the employment front, jobless claims data painted a concerning picture. Initial Jobless Claims in the United States increased to 263 thousand in the week ending September 6 of 2025 from 236 thousand in the previous week. More significantly, weekly jobless claims also jumped by a seasonally adjusted 263,000, higher than the 235,000 estimate and up 27,000 from the prior period, according to the Labor Department. The number also marked the highest level since October 2021. The combination of persistent inflation and weakening labor market conditions has created a complex environment for monetary policy. The US economy is sending mixed signals as inflation accelerates while labor market data shows signs of cooling. These trends complicate the Federal Reserve’s upcoming interest rate decision, with markets eagerly awaiting the central bank’s next move.

Metals and Mining

The precious metals market continues to reflect economic uncertainty and geopolitical tensions. Gold has maintained its position as a safe-haven asset amid market volatility, though specific pricing data for the week remains mixed across various trading platforms. Silver prices have shown resilience, benefiting from both industrial demand and investment flows during periods of market stress. The precious metals complex continues to serve as a hedge against inflation concerns and currency debasement risks. Industrial metals have faced headwinds from global economic uncertainty and mixed manufacturing data. Copper prices have been particularly sensitive to economic growth concerns, while aluminum and zinc have shown varied performance based on supply-demand dynamics in their respective markets. The outlook for metals remains tied to broader economic conditions, with gold likely to benefit from continued uncertainty while industrial metals await clearer signals on global economic recovery.

Energy and Oil

The energy sector experienced significant volatility this week, reflecting broader commodity market dynamics and geopolitical considerations. The energy price index fell by 3.9% in August, driven by an 8.8% drop in U.S. natural gas and a 3.6% decline in crude oil prices. Oil markets have been influenced by a combination of supply concerns, demand expectations, and economic growth projections. The recent decline in crude prices reflects concerns about global economic slowdown and its impact on energy consumption. Natural gas markets showed particular weakness, with U.S. natural gas prices declining significantly. This decline has been attributed to increased production capacity, mild weather patterns, and reduced industrial demand in key consuming sectors. The energy sector’s performance continues to be closely watched as a barometer of both economic health and geopolitical stability, with traders monitoring developments in major producing regions and policy changes affecting energy transition investments.

World Markets

European equity markets showed resilience this week, supported by expectations for continued monetary accommodation and stabilizing economic indicators. The pan-European indices benefited from sector rotation into value stocks and reduced concerns about immediate recession risks. Asian markets presented a mixed picture, with Chinese equities facing continued headwinds from property sector concerns and broader economic growth questions. Japanese markets were influenced by speculation about Bank of Japan policy changes and currency movements affecting export-oriented companies. Emerging markets showed varied performance, with commodity-dependent economies facing challenges from falling resource prices while technology-focused markets benefited from continued global demand for digital services and infrastructure. The global economic environment remains characterized by divergent monetary policies, with central banks navigating between inflation control and growth support objectives.

The Week Ahead

The coming week promises significant market-moving events, with the Federal Reserve’s monetary policy decision taking center stage. Key economic releases will provide additional insight into the health of the U.S. economy and inflation trends.

Key Topics to Watch

• Federal Reserve interest rate decision and policy statement • Weekly initial jobless claims data • Existing home sales figures • Manufacturing and services PMI data • Consumer sentiment readings • Corporate earnings reports from major companies • International trade and economic indicators Market participants will be particularly focused on Federal Reserve communication regarding future policy direction, given the mixed signals from recent economic data. The central bank’s assessment of inflation progress and labor market conditions will be crucial for setting market expectations for the remainder of 2025. Additionally, ongoing geopolitical developments and their potential impact on global supply chains and commodity markets will remain in focus, as investors continue to balance growth optimism against persistent economic uncertainties.

Soybeans posted 12 to 13 cent gains in the front months on Friday, as November was up 19 ¼ cents since last Friday. The cmdtyView national average Cash Bean price was up 13 cents at $9.70 1/4. Soymeal futures were up 60 cents to $1.50, with October up $7.10 on the week. Soy Oil futures closed with 49 to 59 point gains, as Octoer was up 86 points this week. The CME reported another 4 September soybean meal deliveries issued, with 2 reported for bean oil. September futures expires today.

USDA reported a private export sale of 22,000 MT of soybean oil sold to South Korea this morning for 2025/26 shipment.

The weekly Commitment of Traders report from CFTC indicated managed money flipping to a net short position of 14,714 contracts by Tuesday, a move of 26,678 contracts to the short side.

The monthly Crop Production report showed a 0.1 bpa cut to US yield at 53.5 bpa, above estimates. Acres were up 0.21 million on both the planted (81.135 million) and harvested side. Production was up 8 mbu at 4.3 bbu, vs. estimate calling for a 21 mbu reduction. USDA led the old crop ending stocks along this month at 330 mbu, with the 2024/25 MY seen up 10 mbu at 300 mbu, with a 20 mbu cut to exports and 15 mbu increase to crush.

World soybean stocks were down 1.61 MMT to 123.58 MMT, mainly on a drop in old crop Argentina stocks. New crop world bean carryout was down 0.91 MMT to 123.99 MMT.

NOPA data is out on Monday, with traders looking for August crush among members at 182.857 mbu.

Sep 25 Soybeans closed at $10.25 3/4, up 20 1/4 cents,

Nearby Cash was $9.70 1/4, up 13 cents,

Nov 25 Soybeans closed at $10.46 1/4, up 12 3/4 cents,

Jan 26 Soybeans closed at $10.65 1/4, up 12 3/4 cents,

New Crop Cash was $9.70 1/4, up 13 cents,