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The China Securities Regulatory Commission (CSRC) has issued a clarification regarding the ongoing regulatory crackdown on what it defines as "illegal" cross-border investments. Addressing widespread investor anxiety, the watchdog stated that the current rectification efforts are not intended to trigger the forced closure of offshore accounts or th…
LENZ Therapeutics announces that Everest Medicines has acquired the rights from Corxel Pharmaceuticals to develop, manufacture, and commercialize VIZZ® (LNZ100) in Greater China. This strategic move positions LENZ to benefit from up to $85 million in regulatory and sales milestones plus royalties, as the first FDA-approved aceclidine-based eye drop…
Recent data released by Incomes Data Research (IDR) reveals that median pay increases awarded by significant British employers remained constant at 3.5% for the three-month period ending in April. This figure matches the median growth recorded during the previous three months leading up to March. Despite a recent uptick in the national minimum wage…
Odysight.ai has established an At-The-Market (ATM) program authorizing the company to sell up to $20 million in common stock through Roth Capital Partners. This strategic move aims to provide the company with flexible financing options to support ongoing business development and capitalize on market opportunities without obligating immediate share …
SK Telecom announced plans to build a large-scale AI Cloud in Korea based on NVIDIA's DSX platform, with the first AI factory expected online in 2027. This infrastructure aims to support AI workloads for enterprises and industries across Korea, leveraging SK Telecom's network and data center expertise alongside NVIDIA's accelerated computing and so…
NVIDIA and SK hynix announce a strategic multiyear technology partnership focused on co-developing advanced memory solutions for next-generation AI infrastructure, including AI supercomputers, CPUs, and robotics platforms. The collaboration also includes applying AI to semiconductor chip design, manufacturing, and autonomous factory operations thro…
Preliminary results broadcast on public television from a small share of polling stations on June 8 show the ruling Civil Contract party leading with about 57.14% of votes. The pro-Russian Strong Armenia alliance and the Armenia Alliance trailed in early counts. Sunday’s parliamentary election, the first since Armenia’s 2023 military defeat by Azer…
Russian equities closed lower by count on Sunday even as the MOEX Russia Index finished unchanged, marking a fresh six-month low for the index. Energy, metals and utilities names showed divergent results while gold and crude prices fell and the rouble moved with modest volatility indicators unchanged.
LendingTree (TREE) sold off after a mixed Q1 print, but the business is profitable, cash-generative, and showing exceptional Insurance segment growth. At roughly $500M market cap and a P/E near 2.8, the stock looks priced for deterioration rather than normalization. This trade idea lays out an actionable long with entry, stop and target levels and …
Barclays analysts expect the 2026 FIFA World Cup - the tournament’s largest edition with 48 teams, 104 matches and 16 host cities across the United States, Canada and Mexico - to produce measurable but mostly short-lived revenue and engagement gains for a limited set of U.S. companies. Media engagement may translate into more lasting revenue stream…
Ukrainian President Volodymyr Zelenskiy traveled to London where he joined British Prime Minister Keir Starmer and the leaders of France and Germany for discussions on reinforcing European defence cooperation and advancing diplomatic efforts to end the war. The visit unfolded against the backdrop of Zelenskiy’s public invitation to Vladimir Putin f…
Iran’s deputy foreign minister responded firmly to reports that the United States could make frozen Iranian assets available to Gulf states for reconstruction and compensation linked to the war. He said regional governments could not legitimately demand reparations and that any seizure or allocation of Iran’s funds without Tehran’s agreement would …
GoHealth, Inc., a Medicare-focused digital health insurance marketplace, has voluntarily filed for Chapter 11 bankruptcy with unanimous lender support to implement a restructuring plan. The plan transitions ownership to lenders, reinstates preferred equity, assures full payment of trade obligations, intends to maintain uninterrupted business operat…
Several Democratic lawmakers have voiced unease about presumptive Senate nominee Graham Platner in the days before Maine's primary, criticizing his past conduct and policy stances while stopping short of calling for him to withdraw. Platner leads in polls ahead of Tuesday’s primary and, if successful, would likely face Republican Senator Susan Coll…
Big Yellow (BYG) benefits from secular demand for flexible space, pricing power at the store level, and a portfolio that behaves like inflation-adjusted cash flow. I view a tactical long with defined entry, target and stop as an attractive mid-term trade: buy on a measured dip and ride continued cash flow resilience into a re-rating.
Wealthfront (WLTH) plunged after its first post‑IPO quarter on deposit outflows and ownership disclosures, but shares now trade at $10.02 with a market cap of ~$1.47B, an oversold RSI and heavier-than-normal volume. We upgrade to a tactical long: enter at $10.02, stop $8.75, target $14.50 over a 180 trading day horizon. This is a high-risk, high-re…
LATAM Airlines CEO Roberto Alvo warned that the airline industry may need to trim capacity further if elevated fuel prices persist into 2027. He highlighted rising funding costs for carriers and forecast that aircraft and engine supply-chain issues are likely to continue for two to three years, increasing pressure on airlines with weaker balance sh…
Italian fashion house Prada revealed a form-fitting inner-layer garment designed for NASA astronauts in a collaboration with Houston-based Axiom Space. The knitted garment, which integrates ventilation tubing, follows Prada’s earlier spacesuit unveiling and underscores the brand's effort to move from space-inspired aesthetics to direct participatio…
Citi Research's Bear Market Checklist has risen to its highest aggregate reading since the 2008 global financial crisis, with 10 out of 18 indicators in warning territory. The checklist aggregates signals across valuations, credit conditions, corporate behavior and investor sentiment, using a three-color system where amber counts as half a point an…
Israel's military has initiated an investigation by its Military Police Criminal Investigation Division into the shooting that killed seven-month-old Sam Fahd Abu Haikal and wounded his parents. The incident took place on a road in the Tel Rumeida area near Hebron when an Israeli soldier fired a single shot at the family’s car, which the father say…
Embraer expects its E2 family of regional jets to eventually operate in China, positioning the E190-E2 and E195-E2 between the smaller C909 and larger C919. The company says the E2s are certified locally and that it is in talks with potential customers, but progress has been slow following past setbacks and the company is not yet ready to develop a…
United Airlines CEO Scott Kirby said a full-scale merger with American Airlines is unlikely after American publicly rejected the idea, though United remains prepared to acquire airport slots, gates or other assets if higher fuel costs strain smaller competitors. Kirby emphasized that any merger would need management support from the other carrier a…
U.S. officials have reportedly drafted a plan to buy the Chagos Islands from Mauritius and assume control of the Diego Garcia atoll, potentially bypassing the United Kingdom. The proposal is said to be one of several options being prepared by the White House as an alternative to Britain ceding sovereignty over the Indian Ocean archipelago to Maurit…
Skeena (SKE) is an advanced-stage precious metals developer with a fully permitted Eskay Creek project moving into construction. With construction ~49% complete, $750M of senior secured notes closed, and production targeted for Q2 2027, short-term weakness offers a buyable entry to capture a re-rating as the asset transitions toward first ounces. T…
Two influential members of Congress with national security roles say President Trump’s selection of Bill Pulte as acting director of national intelligence - a move that keeps Pulte in his role as head of the Federal Housing Finance Agency - could derail efforts to reauthorize Section 702 of the Foreign Intelligence Surveillance Act before it expire…
