Earnings Call Insights: Imunon (IMNN) Q4 2025 Management View Stacy Lindborg (President, CEO & Director) said the company entered 2026 “with strong momentum” and highlighted a new final overall survival update from OVATION 2: “the median overall survival benefit was reported as 11.1 months… [then] 13 months… and as we disclosed this week, has now expanded to 14.7 months in the final review of the ...
Earnings Call Insights: Imunon (IMNN) Q4 2025 Management View Stacy Lindborg (President, CEO & Director) said the company entered 2026 “with strong momentum” and highlighted a new final overall survival update from OVATION 2: “the median overall survival benefit was reported as 11.1 months… [then] 13 months… and as we disclosed this week, has now expanded to 14.7 months in the final review of the trial results.” She also said PARP inhibitor maintenance on top of IMNN-001 plus chemotherapy showed “a median increase in overall survival of more than two years.” Lindborg emphasized OVATION 3 execution and timelines, describing an adaptive design with interim analyses that “provides 95% power on the primary endpoint of overall survival while offering the potential for accelerated time lines of a BLA for full approval.” She said enrollment is “well ahead of plan,” with “7 clinical sites actively enrolling patients and up to 43 additional high-quality centers under evaluation or in start-up mode,” and noted early sites are above the assumed “0.3 patients per month with some sites delivering as high as one patient per month.” Lindborg framed capital strategy and cost controls around funding OVATION 3, saying a “multipronged financing strategy” includes “targeted equity raises, opportunistic ATM usage and ongoing partnership discussions,” and added, “we announced a strategic reorganization in February 2026 to reduce nonessential costs and to sharpen our operational focus exclusively on OVATION 3.” Jeffrey W. Church (Principal Financial Officer & Principal Accounting Officer) reported year-end liquidity and runway: “As of December 31, 2025, cash and cash equivalents were $8.8 million,” and, “We project that this cash balance, together with our ongoing financial activities and cost-saving initiatives extends our operating runway into the second half of 2026.” Douglas V. Faller (Chief Medical Officer) reinforced clinical positioning, stating OVATION 2 showed “a clinically meani...
Canadian stocks are about to notch their most exuberant trading session in nearly a year after reports suggested that the president of Iran is ready to end the war. The S&P/TSX Composite Index rose as much as 2.6% on Tuesday, its biggest intraday surge since April 2025, led by a rally in precious metals producers. Toronto-based miner Americas Gold and Silver Corp. posted the most gains, climbing u...
Canadian stocks are about to notch their most exuberant trading session in nearly a year after reports suggested that the president of Iran is ready to end the war. The S&P/TSX Composite Index rose as much as 2.6% on Tuesday, its biggest intraday surge since April 2025, led by a rally in precious metals producers. Toronto-based miner Americas Gold and Silver Corp. posted the most gains, climbing up to 13%. Although the gauge’s tech stocks faced heavy pressure during the first quarter this year, e-commerce firm Shopify Inc. , the third-largest stock in the benchmark by weight, contributed the most points to the index’s gains, rising by as much as 6%. Read More: Canadian Tech Stocks Set For Worst Quarter Since 2022 on AI, War Iran President Masoud Pezeshkian reiterated that his country wants certain requirements to be met before it ends hostilities against the US and Israel. Before his remarks, US President Donald Trump reportedly expressed a willingness to end the military campaign against Iran. “People are almost making too much of it — maybe trying to save the month with some good news,” said Greg Taylor , chief investment officer at PenderFund Capital Management Ltd. The S&P/TSX Composite has fallen 4.7% in March despite Tuesday’s gains. Canadian investors would be keen to see the war end because it would likely mean a drop in the value of the US dollar, which has weighed on the performance of commodity producers, he said. “There’s some optimism that the TSX could rebound because if we go back to a lower-US dollar, higher-commodity world, that’s a pretty good setup for Canada,” Taylor added. Lori Pinkowski, senior portfolio manager at Pinkowski Wealth Management, which is a part of CG Wealth Management, said while the beginning of the end of the conflict is important, it would be better once ships are flowing through the Strait of Hormuz. “That would also give us that confidence to put some money to work,” Pinkowski said Tuesday on BNN Bloomberg. Since the conflic...
Investment banks leading SpaceX ’s initial public offering are planning a meeting on Monday, April 6 with the broader syndicate working to prepare for the deal, International Financing Review reported, citing people familiar with the process. Representative for SpaceX didn’t immediately respond to a Bloomberg News request for comment READ MORE: SpaceX Plans April Investor Briefings as IPO Question...
Investment banks leading SpaceX ’s initial public offering are planning a meeting on Monday, April 6 with the broader syndicate working to prepare for the deal, International Financing Review reported, citing people familiar with the process. Representative for SpaceX didn’t immediately respond to a Bloomberg News request for comment READ MORE: SpaceX Plans April Investor Briefings as IPO Questions Swirl READ MORE: Elon Musk’s SpaceX Is Said to Add Citigroup to IPO Bank Lineup To view the source of this information, click here
The most important US offshore oil varieties are commanding the highest premiums since as far back as the Covid-19 pandemic as energy-market chaos from the Iran war worsens. Overseas demand is soaring for high-sulfur US crude grades that are broadly comparable to Middle Eastern supplies cut off as missiles and drones rain down on Persian Gulf oil fields and shipping through the Strait of Hormuz ha...
The most important US offshore oil varieties are commanding the highest premiums since as far back as the Covid-19 pandemic as energy-market chaos from the Iran war worsens. Overseas demand is soaring for high-sulfur US crude grades that are broadly comparable to Middle Eastern supplies cut off as missiles and drones rain down on Persian Gulf oil fields and shipping through the Strait of Hormuz has effectively ceased. Refineries around the world are typically geared to optimally process very specific types and proportions of oil varieties, which often makes substituting normal supplies with replacement barrels tricky — and expensive. Mars crude from the Gulf of Mexico was fetching $15 a barrel more than the US benchmark West Texas Intermediate as of late Monday, the widest spread since the darkest days of the global pandemic in April 2020, according to Link Data Services LLC. That was a landmark month in the history of the petroleum industry because worldwide energy demand collapsed and crude prices briefly went negative. Another key high-sulfur oil pumped from US Gulf fields, Poseidon , was also trading at close to a $15 premium, the highest in Link figures going back to 2022. Shortly after the conflict erupted with US and Israeli attacks on the Islamic Republic on Feb. 28, the Trump administration sought to calm oil-price volatility by releasing millions of barrels of emergency oil reserves from the Strategic Petroleum Reserve. Although the SPR is mostly comprised of so-called sour crudes like Mars and Poseidon, the commitments to distribute those supplies haven’t been enough to plug the deficit of Persian Gulf supplies. Meanwhile, exports of all types of US crude are set to hit an all-time high in April, with some traders predicting volumes around 5 million barrels a day. With West Texas Intermediate recently trading at the steepest discount to the international benchmark in 12 years, foreign buyers are snapping up cargoes.
NASA says there's an 80% chance the Artemis II mission will launch on Wednesday from Cape Canaveral in Florida. Bloomberg's Loren Grush is there with more on what to watch for. (Source: Bloomberg)
NASA says there's an 80% chance the Artemis II mission will launch on Wednesday from Cape Canaveral in Florida. Bloomberg's Loren Grush is there with more on what to watch for. (Source: Bloomberg)
Jason Trost, CEO of Smarkets, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." They discuss the recent pushback against prediction markets. (Source: Bloomberg)
Jason Trost, CEO of Smarkets, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." They discuss the recent pushback against prediction markets. (Source: Bloomberg)
Anker’s Laptop Power Bank is one of the more useful gadgets I’ve bought in recent years. I know, it’s just a portable battery, but it’s packed with power and thoughtful features that are tough to find in other models. And right now, you can buy it for $95.99 ($24 off) — the best price of the year so far — at Amazon during its Big Spring Sale , from Walmart , and directly from Anker through the end...
Anker’s Laptop Power Bank is one of the more useful gadgets I’ve bought in recent years. I know, it’s just a portable battery, but it’s packed with power and thoughtful features that are tough to find in other models. And right now, you can buy it for $95.99 ($24 off) — the best price of the year so far — at Amazon during its Big Spring Sale , from Walmart , and directly from Anker through the end of today. Anker Laptop Power Bank Where to Buy: $119.99 $95.99 at Amazon $119.99 $95.99 at Anker $119.99 $95.99 at Walmart The 25,000mAh / 90Wh power bank features three USB-C ports and one USB-A port, and you can get up to 130W total output when using all four ports. If you’re only charging one USB-C device, this power bank can deliver up to 100W, which is enough to quickly charge the latest 14-inch M5-powered MacBook Pro . Plug in two USB-C devices, and it can go all the way up to a combined 165W. As nice as the power is, Anker’s power bank really stands out thanks to its two built-in USB-C cables — one of which is a retractable 2.3-foot cable, and one that doubles as a carrying strap. In terms of other niceties, the power bank includes a small display that shows how much charge is left, the battery’s overall health, and how much power each port is delivering. And since it meets airline carry-on requirements, you can bring it on flights and use it to keep your devices powered while you travel.
Thicha Satapitanon/iStock via Getty Images The last time I spoke about Bicara Therapeutics Inc. ( BCAX ), it was in a Seeking Alpha article entitled " Bicara: Stock Decline On FICERA Abstract Release Creates Buying Opportunity ." With respect to this article, I mentioned that the company had released its abstract presentation for the development of its bifunctional EGFR/TGF-beta ficerafusp alfa in...
Thicha Satapitanon/iStock via Getty Images The last time I spoke about Bicara Therapeutics Inc. ( BCAX ), it was in a Seeking Alpha article entitled " Bicara: Stock Decline On FICERA Abstract Release Creates Buying Opportunity ." With respect to this article, I mentioned that the company had released its abstract presentation for the development of its bifunctional EGFR/TGF-beta ficerafusp alfa in combination with KEYTRUDA [pembrolizumab] for the treatment of patients with 1st-line recurrent/metastatic head and neck squamous cell carcinoma [HNSCC]. What I went over last time was only that of the objective response rate [ORR] releases as part of the abstract for the 2025 ASCO Annual Meeting. What I'm going to provide an update for today is the release of additional data from the phase 1/1b trial using ficerafusp alfa in combination with KEYTRUDA to treat these patients with 1st-line R/M HNSCC. In addition, the company has made significant progress since then, because in Q4 of 2025 it initiated its phase 3 FORTIFI-HN01 pivotal study using this ficerafusp alfa combination to treat these specific 1st-line HPV-negative R/M HNSCC patients. Why should investors care about this program? That's because the company believes that it can provide an interim analysis from this pivotal phase 3 study in mid-2027. Speaking of this study, what I will also state below is that the company not only selected 1500 mg of ficerafusp alfa as the optimal dose to move forward with for this study, but clinical testing allowed it to move to a more optimal loading dose and once every 3 weeks [Q3W] maintenance dosing schedule for KEYTRUDA. Today, I'm going to maintain a Buy rating for this stock based on the progress it has made to date. Bicara traded lower on the back of Merus' results with EGFRxLGR5 bispecific antibody petosemtamab, but the thing with this is that this drug is focused on both 1st-line and/or 2nd-line/3rd-line PD-L1-positive recurrent/metastatic [R/M] HNSCC patients. Whereas the ...
Jozsef Soos/iStock Editorial via Getty Images Citi on Tuesday upgraded several Western European aerospace and defense stocks, arguing that recent share price movements have created more attractive entry points, even as parts of the sector may be nearing peak demand. In a March 31 research note, analysts led by Charles Armitage raised their ratings on Babcock International ( BCKIF )( BCKIY ), Leona...
Jozsef Soos/iStock Editorial via Getty Images Citi on Tuesday upgraded several Western European aerospace and defense stocks, arguing that recent share price movements have created more attractive entry points, even as parts of the sector may be nearing peak demand. In a March 31 research note, analysts led by Charles Armitage raised their ratings on Babcock International ( BCKIF )( BCKIY ), Leonardo (FNMBF)(FNMBY) and Thyssenkrupp Marine Systems ( TKMSF ) to Buy, citing improved earnings visibility and supportive long-term defense spending trends. Citi set target prices of £15.54 for Babcock, €69 for Leonardo and €100 for TKMS, implying meaningful upside from current levels. Growth Expectations Anchored in Defense Spending The upgrades are underpinned by expectations that European governments will sustain elevated defense budgets through the next decade. Citi’s analysis, based on Bloomberg consensus estimates through 2030, suggests: Babcock could deliver roughly 5% compound annual earnings growth into the mid-2030s Leonardo is projected to achieve about 5% CAGR TKMS is also expected to grow earnings at around 5% annually However, the report notes that investor expectations may already be pricing in stronger growth for certain companies. In particular, Citi highlighted Saab ( SAABF ) ( SAABY ) as a name where the market appears to assume significantly higher profit expansion, potentially outpacing procurement budget growth. Rheinmetall initiated with Neutral Citi also initiated coverage on Rheinmetall ( RNMBF )( RNMBY ) with a Neutral rating and a €1,480 price target. While acknowledging Rheinmetall’s strong positioning in munitions and land systems, analysts cautioned that current demand for weapons and ammunition may be unsustainably high. They expect utilization rates, currently elevated due to replenishment of depleted stockpiles, to normalize over time, potentially falling back to 5% to 6% of capacity once inventories are rebuilt. What’s already priced in A key...
Court documents from 2025 have disclosed that Meta Platforms Inc. CEO Mark Zuckerberg offered his assistance to Elon Musk in relation to the now-defunct Department of Government Efficiency (DOGE). The redacted documents, which were made public on Friday, reveal that Zuckerberg sent a text message to Musk in February 2025. He expressed support for the progress made by DOGE and assured Musk of his t...
Court documents from 2025 have disclosed that Meta Platforms Inc. CEO Mark Zuckerberg offered his assistance to Elon Musk in relation to the now-defunct Department of Government Efficiency (DOGE). The redacted documents, which were made public on Friday, reveal that Zuckerberg sent a text message to Musk in February 2025. He expressed support for the progress made by DOGE and assured Musk of his team’s readiness to remove any content that threatened or doxxed Musk’s team. “Let me know if there’s