Author: franperez66q@protonmail.com
The headquarters of the U.S. Food and Drug Administration in Silver Spring, Maryland, Nov. 4, 2009.Jason Reed | ReutersThe Food and Drug Administration on Thursday proposed excluding the active ingredients in Novo Nordisk and Eli Lilly’s blockbuster obesity and diabetes medications from the list of drugs that outsourcing facilities can use for compounding in bulk. If that proposal is finalized, the exclusion would likely limit the mass compounding — or the making of custom, often cheaper alternatives — of those medicines unless they appear on the FDA’s drug shortage list. The agency said it will consider public comments, which can…
Avalyn Pharma IPO ends oversubscribed with concentrated allocations Source link
Kalshi, Polymarket’s major rival, has heavily promoted its own efforts, including a partnership with market surveillance company Solidus Labs, as it seeks to distance itself from Polymarket and emphasize its credentials as the largest regulated platform in the US. Kalshi bans what it calls “violent markets, including war and kidnapping”—although it does allow markets on the closure of the Strait of Hormuz—saying that markets should “not incentivize harm,” while it also requires proof of identity. In contrast, Polymarket does not require most users of its international site to provide proof of identity and allows payment using anonymous cryptocurrency channels. Growing…
Protesters gathered as the prime minister arrived in the north London suburb where two men were stabbed. Source link
Two years after our first report on the topic, we return to cyber security. The widespread adoption of artificial intelligence is changing the landscape, raising the threat level. AI has not only enabled more attacks, it has provided tools to devise new ways to attack. Such incursions can be more severe. As the Global Cybersecurity Outlook 2026 from the World Economic Forum says: AI means there are additional vectors for more potent attacks. A prime example of the effect of AI on cyber security is Anthropic’s decision in April not to publicly release its Claude Mythos large language model which, in…
Google CEO Sundar Pichai, arrives for a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the US Capitol in Washington, DC, on September 13, 2023.Nathan Howard | Getty ImagesAlphabet’s stock surged more than 5% on Thursday, while Meta shares plunged 10%, as investors digested first-quarter earnings results, which included plans to up the ante on artificial intelligence spending.It is pacing to be Meta’s worst day since October 2025 and Alphabet’s best day since November 2025.The diverging stock moves show that Wall Street isn’t guaranteed to applaud every tech company’s AI spending spree. “The market was less united on what…
Investing.com — The “Sell in May and go away” adage is back in season, but Deutsche Bank says investors should not put much stock in it. In the fourth edition of its Myth Buster series on the phenomenon, analyst Maximilian Uleer examined multiple versions of the strategy across indices, including the S&P 500, STOXX 600, and , testing different entry and exit points. Selling at the end of May and reinvesting at the end of September consistently delivered the strongest results in simulations. On the surface, the strategy shows appeal. Applied to the since 1987, it produced 9.0% annualized returns versus…
Gemini Co-founders Tyler Winklevoss and Cameron Winklevoss attend the company’s IPO at the Nasdaq MarketSite in New York City, U.S., Sept. 12, 2025. Jeenah Moon | ReutersGemini Space Station won approval from the U.S. Commodity Futures Trading Commission to operate its own regulated derivatives clearinghouse, a move that gives the crypto exchange a deeper foothold in prediction markets and sets up a potential expansion into perpetual futures trading.This allows Gemini to clear and settle trades in-house rather than relying on outside infrastructure – giving the company greater control over how its prediction market products function and scale, particularly as it…
Representative Steve Scalise, a Republican from Louisiana, during a news conference at the US Capitol in Washington, DC, US, on Monday, Nov. 3, 2025. Aaron Schwartz | Bloomberg | Getty ImagesHouse Majority Leader Steve Scalise said Thursday that Republicans could still win a majority in the 2026 midterm elections despite the party’s intense headwinds ahead of the pivotal November contest. Polling indicates voters are souring on President Donald Trump and congressional Republicans ahead of the election, mainly driven by dissatisfaction with the economy. A recent AP-NORC poll found Trump’s approval rating on the economy had cratered to 30%, with a…
Saba Capital, the activist hedge fund led by Boaz Weinstein, has won a dramatic victory in its long-running campaign against the board of Edinburgh Worldwide Investment Trust.Shareholders in Edinburgh Worldwide voted Thursday for Saba Capital’s plan to oust EWIT chair Jonathan Simpson-Dent — and five other board members — and to install three Saba-backed board nominees.The result gives Weinstein’s firm control of Baillie Gifford-run EWIT, which is focused on cutting-edge public and private technology companies and which offers rare public-market access to SpaceX.SpaceX, whose private market valuation has soared ahead of an imminent IPO, is EWIT’s largest holding, at about…