April 19, 2025
Operating Assets

FDA Rejects Aldeyra’s Reproxalap For Dry Eye Disease Again, Citing Efficacy Concerns – Aldeyra Therapeutics (NASDAQ:ALDX)

The U.S. Food and Drug Administration (FDA) on Thursday issued a Complete Response Letter for Aldeyra Therapeutics, Inc.’s ALDX resubmission of the New Drug Application (NDA) of reproxalap, an investigational drug candidate, for dry eye disease. The FDA stated that the NDA “failed to demonstrate efficacy in adequate and well-controlled studies in treating ocular symptoms associated

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Gold Investing

Gold Rally Could Gain Momentum With Central Bank Buying And China Allocation, Analyst Says – Barrick Gold (NYSE:GOLD)

BofA Securities analyst Lawson Winder discussed the performance of gold price last week and where it is headed. Gold prices have exceeded the analyst’s long-term target of $3,000 per ounce, with the analyst suggesting a potential rise to $3,500 if investment demand grows by 10%. China’s insurance sector could allocate up to 1% of its

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Intangible Assets

Nvidia’s Reported Lepton AI Buyout A ‘Huge Red Flag,’ Says Short Seller Jim Chanos, Warns Of Inventory Risk – Intel (NASDAQ:INTC), Advanced Micro Devices (NASDAQ:AMD)

Prominent short seller Jim Chanos has raised questions about Nvidia Corp. NVDA amid reports of the company’s potential acquisition of Lepton AI, a server rental startup. What Happened: Chanos wrote on the social media platform X that attempting to buy out resellers could signal deeper financial complications. “Trying to buyout your resellers is usually a

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Intangible Assets

Tesla Cybertruck Inventory Swells Despite Discounts, Falling Short of Elon Musk’s Vision – Tesla (NASDAQ:TSLA)

Tesla Inc.’s TSLA Cybertruck vehicles are reportedly piling outside the company’s gigafactory in Texas and collecting dust, forcing the company to resort to aggressive discounting. What Happened: According to a report by Forbes, the company’s inventory for the trucks is piling up owing to lower-than-expected sales. Tesla’s inventory in the U.S. still has model year

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Tangible Assets

$1000 Invested In Wheaton Precious Metals 5 Years Ago Would Be Worth This Much Today – Wheaton Precious Metals (NYSE:WPM)

Wheaton Precious Metals WPM has outperformed the market over the past 5 years by 2.73% on an annualized basis producing an average annual return of 17.03%. Currently, Wheaton Precious Metals has a market capitalization of $30.38 billion. Buying $1000 In WPM: If an investor had bought $1000 of WPM stock 5 years ago, it would

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Operating Assets

J.P. Morgan Teams Up With GLMX To Supercharge Short-Term Investment Options – JPMorgan Chase (NYSE:JPM)

JPMorgan Chase & Co.‘s JPM J.P. Morgan Asset Management penned a deal to enhance its Morgan Money offering through a strategic partnership with GLMX, a global money market trading platform. Morgan Money is a global trading platform that provides effective short-term investment management solutions tailored for institutional investors. With $313 billion in assets under management as

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Intangible Assets

Analog Devices Q3 Earnings: Revenue And EPS Beat, CFO Highlights Improved Inventory And Order Momentum For Q4 – Analog Devices (NASDAQ:ADI)

Analog Devices, Inc. ADI stock traded higher Wednesday after the company reported fiscal third-quarter results. The company’s revenue declined 25% year-on-year to $2.31 billion, beating the analyst consensus estimate of $2.27 billion. Adjusted EPS of $1.58 beat the analyst consensus estimate of $1.50. Analog Devices’ Industrial revenue declined by 37% year-on-year to $1.06 billion. Automotive revenue decreased 8% Y/year-on-year to $670.3 million. Communications revenue declined

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Operating Assets

What’s Going On With BioRestorative Therapies Stock? – BioRestorative Therapies (NASDAQ:BRTX)

BioRestorative Therapies, Inc. BRTX shares are trading higher Monday after the company announced it has received notice from the Nasdaq Stock Market that it has regained compliance with listing requirements.  The Details: BioRestorative Therapies reported a net loss for the first quarter of $2.2 million, or 33 cents per share, compared to a net loss

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Intangible Assets

GlobalFoundries Exceeds Q2 Projections, Navigates High Inventory Levels In Chip Market – GLOBALFOUNDRIES (NASDAQ:GFS)

GlobalFoundries Inc GFS reported a fiscal second-quarter 2024 revenue decline of 12% year-on-year to $1.63 billion, beating the analyst consensus estimate of $1.62 billion. The contract chipmaker’s adjusted EPS of 38 cents beat the analyst consensus estimate of 28 cents.  Smartphone and mobile device revenue fell by around 3% from a year ago, while industrial IOT revenue declined

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Intangible Assets

Morocco’s Cannabis Boom: Nearly 3,000 Licenses Issued So Far This Year

The cannabis industry in Morocco is experiencing unprecedented growth after a few years of slow post-legalization activity. As reported by Morocco World News, nearly 3,000 cannabis-related licenses have been approved by the National Agency for the Regulation of Cannabis-Related Activities (ANRAC) since the beginning of 2024. This represents a significant increase from the total 609

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