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The startup Warp is best known for its modern, AI-empowered take on the terminalthe decades-old, text-based interface that’s invisible to most in a world of touchscreens and mice, but still beloved by programmers and system administrators. The terminal is probably most familiar to the public from movies and TV shows, where its stark black background and arcane command-line language have come to symbolize hacker prowess. Warp added features that make the terminal and its often-cryptic commands less intimidating and easier to use, such as AI-enhanced autocomplete and suggestions, along with a collaborative system called Warp Drive that lets coworkers share frequently used commands and best practices. Now, Warp is betting that a similar kind of interface will help developers command artificial intelligence, in a world where code is increasingly generated and deployed by typing prompts to AI rather than writing it directly. [Image: Courtesy of Warp] “We’re moving from a world where developers traditionally have done most of their work by hand to one where they’re doing their work by prompt with agents,” says Zach Lloyd, Warp’s founder and CEO. Traditionally, developers have worked in an integrated development environment (IDE), which combines tools for navigating files, specialized text editing tabs for writing code, and easy access to tools that compile human-readable code into something computers can run. They’ve also often used terminal software like Warpsor more basic versionsto deploy code to servers, start automated processes, and troubleshoot errors. Zack Lloyd [Photo: Courtesy of Warp] But today, coders increasingly perform these tasks by issuing prompts to AI agents, which can generate code, execute commands to deploy it, and even diagnose problems on their own. “Our thesis is that to support this new workflow, what is needed is a workbench that really is neither the IDE or the terminal,” Lloyd says. Thats why Warp is launching what it calls an agentic development environmenta new class of tool that emphasizes terminal-style panes or tabs for typing prompts to AI agents, along with controls to help supervise the AIs operations. These controls regulate when AI agents need human approval to make changes to code or restrict them from executing certain commandssuch as deleting fileswithout explicit permission. Power users can open multiple tabs to interact with various agents, powered by AI from labs like Anthropic and OpenAI, and can monitor and guide them as they worksimilar to how developers have always invoked command-line tools from the terminal. AI agents can also execute terminal commands themselves under user supervision, useful for everything from managing cloud computing servers to debugging error messages. An enhanced version of Warp Drive even allows users to share information with AI agents as well as with human coworkers. [Image: Courtesy of Warp] “We’ve made this investment even before LLMs of, how do you centralize the team’s knowledge,” says Lloyd. “And that’s super valuable for an agent to access as well.” Since AI is still far from infallible, users can easily edit AI-generated code changescalled diffs (short for differences, in developer jargon)before approving them, or re-prompt the AI to correct errors. Individual Warp users can choose whether to operate entirely via prompts, or to open more traditional panes to edit code line by line, review AI changes, or use the classic Warp terminal. [Image: Courtesy of Warp] Lloyd says that integrating all of these features into a single AI-centric environment gives Warp an edge over other AI development tools like Cursor and Windsurf, which focus primarily on writing code. And by building a complete development environmentincluding coding and terminal toolsWarp has an advantage over Anthropic’s Claude Code, which operates from within a terminal, he says. “We are one layer outside of that, so we can be the whole agentic development environment, which means that we can do things in terms of the user experience that they just simply can’t do,” Lloyd says. “We can have diffs editable, we can do system notifications, we can have a UX for managing agents across all your panes and tabs.” Warp, which already has more than 500,000 users, plans to keep pricing the same as it rolls out these new features, with plans starting at $15 and $40 per month, alongside a limited free version and custom pricing for enterprise editions. Lloyd says revenue is growin fastbetween 5% and 15% per week during 2025and hes optimistic that trend will continue as developers look for tools to efficiently steer and collaborate with AI coding agents. “It just is cool that that interface that we built for doing this with commands works extremely well for agents,” he says.
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Stocks rallied and oil prices fell Tuesday after U.S. President Donald Trump announced what appears to be a shaky ceasefire in the Israel-Iran war.The tentative truce proposed by Trump remained uncertain after Israel said Iran had launched missiles into its airspace less than three hours after the ceasefire went into effect. It vowed to retaliate.Still, investors took heart after Trump said Israel and Iran had agreed to a “complete and total ceasefire” soon after Iran launched limited missile attacks Monday on a U.S. military base in Qatar, retaliating for the American bombing of its nuclear sites over the weekend.“The Middle East may still be smoldering, but as far as markets are concerned, the fire alarm has been shut off,” Stephen Innes of SPI Asset Management said in a commentary.The future for the S&P 500 gained 0.8% while that for the Dow Jones Industrial Average rose 0.7%. In morning trading Europe time, Germany’s DAX leaped 1.8% to 23,693.13, while the CAC 40 in Paris added 1.2% to 7,625.20. Britain’s FTSE 100 was up 0.3% at 8,784.68.Oil prices fell further, after tumbling on Monday as fears subsided of an Iranian blockade of the Strait of Hormuz, a vital waterway for shipping crude. Oil prices have now given up almost all their gains since Israel attacked Iran on June 13, wiping out a roughly $10 per barrel risk premium based on the outside chance of a blockade at the strait.The price of oil initially jumped 6% after trading began Sunday night, a signal of rising worries as investors got their first chance to react to the U.S. bombings. But it quickly shed all those gains, with U.S. benchmark crude falling 7.2%. It dropped further early Tuesday, giving up 3% to $66.49 per barrel. It had briefly topped $78.Brent crude, the international standard, shed 3% early Tuesday to $69.38. That was just a few cents above where it traded on June 12 ahead of the Israeli attack on Iran.With the global oil market well supplied and the OPEC+ alliance of producing countries steadily increasing production, oil prices could be headed down, said Carsten Fritsch, commodities analyst at Commerzbank. “The crucial question now is whether the ceasefire will hold and a lasting peace solution can be found,” he wrote in a research note. “If so, a further fall in the oil price could be expected.”At their next meeting July 6, ministers from eight OPEC+ countries are expected to add another 410,000 barrels per day of production.In Asia, Tokyo’s Nikkei 225 rose 1.1% to 38,790.56 and the Hang Seng in Hong Kong gained 2.1% to 24,177.07.The Shanghai Composite index climbed 1.2% to 3,420.57.In South Korea, the Kospi jumped 3% to 3,103.64, while Australia’s S&P/ASX 200 gained 1% to 8,555.50.Taiwan’s Taiex rose 2.1% and India’s Sensex was up 0.6%. In Bangkok, the SET surged 2.5%.U.S. stocks rallied on Monday despite the United States’ bunker-busting entry into its war with Israel.The S&P 500 climbed 1% and the Dow industrials gained 0.9%. The Nasdaq composite index advanced 0.9%.Back in the U.S., Treasury yields eased after a top Federal Reserve official said she would support cutting rates at the Fed’s next meeting, as long as “inflation pressures remain contained.”Investors will be watching for Fed. Chair Jerome Powell’s comments to the U.S. Congress later Tuesday, analysts said. The yield on the 10-year Treasury held steady at 4.33% from 4.38% late Friday. The two-year Treasury yield, which more closely tracks expectations for the Fed, dropped to 3.83% from 3.90%.The Federal Reserve has been hesitant to cut interest rates this year because it’s waiting to see how much higher tariffs imposed by Trump will hurt the U.S. economy and raise inflation.Inflation has remained relatively tame recently, but higher oil and gasoline prices would push it higher. That could keep the Fed on hold because cuts to rates can fan inflation while they also give the economy a boost.The U.S. dollar fell to 145.13 Japanese yen from 146.15 yen late Monday. The euro rose to $1.1597 from $1.1578. David McHugh and Elaine Kurtenbach, AP Business Writers
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Did you wake up at 4 a.m. on November 6, 2024? If so, you’re not alone. The 4 a.m. club is a group of people, mostly on TikTok, who say they were spiritually activated when they woke up around 4 a.m. the night of the U.S. election. Many reported a deep, unshakable sense that Kamala Harris had won, even though the official results coming in at the time said otherwise. Others woke with a feeling of dread. “Social experiment for the women,” one TikTok user posted the day after the election. “Who else woke up between 2 and 4 a.m. the morning after the election right as they were announcing basically that he won?” She continued: “Clearly, that was our first call to the coven, and we need to gather. @heartmeggieheart fr what was that original sound – meggie Now they are doing just that under the name the 4 am Club, coined by professional psychic medium Gia Prism. I didnt set out to create the 4 a.m. club; it sprung up organically as thousands of us discovered we had a shared mystical experience on election night, she told Fast Company. My journey with it began as I spoke of my personal experience the morning after the election. The post immediately blew up and I watched as thousands of comments poured in from people who had the same experience. According to the theory, 4 a.m. was the moment two timelinesone where Kamala Harris became president, and the one we are currently existing in, where Donald Trump became presidentsplit, causing many across America to wake with a start. In the clerb we all awake, one comment beneath Prisms video read. 4 am club here but are we all just so exhausted? another added. With so much on the line, the 4 a.m. club isnt about spiritually bypassing the election results; members say its a call to action. @giaprism Welcome to the 4 am Club! Heres how things work around here #4amclub #psychictok #witchtok #spiritualawakening #ascension #newearthnow #divinefeminine #healing #keepitkamala #5D #newearth #wethepeople original sound – Gia Prism My content focuses equally on spiritual perspectives and healing opportunities as well as social justice and political activism, Prism tells Fast Company. She hosts group healing meditations but also encourages participation in the physical world: attending protests, donating to causes, and speaking truth to power. There’s even merch. @giaprism Its official! Get your merch herr and sign up to join the club! Ill be sending out emails when were ready to take action #4amclub #werideatdawn #keepitkamala original sound – Gia Prism They also have unwavering hope for the future. We do not believe that the results we see now are the results we’re going to end up with, Prism said in a video posted in December 2024. We have a higher hope, and the reason we have a higher hope is because we were part of something unexplainable that happened to us on election night, and that is why we call it the 4 am Club. You dont actually have to have woken up at 4 a.m. on November 6 to join.
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