Claire Mazumdar, Chief Executive Officer of Bicara Therapeutics (NASDAQ:BCAX) , reported the exercise of 8,234 stock options and immediate sale of the resulting common shares, as disclosed in the SEC Form 4 filing . Transaction value and post-transaction value based on SEC Form 4 weighted average purchase price ($18.74). * 1-year performance is calculated using March 6, 2026 as the reference date....
Claire Mazumdar, Chief Executive Officer of Bicara Therapeutics (NASDAQ:BCAX) , reported the exercise of 8,234 stock options and immediate sale of the resulting common shares, as disclosed in the SEC Form 4 filing . Transaction value and post-transaction value based on SEC Form 4 weighted average purchase price ($18.74). * 1-year performance is calculated using March 6, 2026 as the reference date. Continue reading
iShares Top 20 U.S. Stocks ETF (NYSEARCA:TOPT) is down 11.06% year-to-date, and that slide traces directly back to the fund’s defining feature: a portfolio so concentrated in a handful of mega-cap technology names that a bad stretch for those stocks is, by definition, a bad stretch for the fund. A Focused Bet on the Biggest ... TOPT Holds 16% in NVIDIA Alone, and That Concentration Is Driving Its ...
iShares Top 20 U.S. Stocks ETF (NYSEARCA:TOPT) is down 11.06% year-to-date, and that slide traces directly back to the fund’s defining feature: a portfolio so concentrated in a handful of mega-cap technology names that a bad stretch for those stocks is, by definition, a bad stretch for the fund. A Focused Bet on the Biggest ... TOPT Holds 16% in NVIDIA Alone, and That Concentration Is Driving Its 11% Loss
California Resources Corporation (CRC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
California Resources Corporation (CRC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Permian Resources (PR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Permian Resources (PR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
There are two Bloomberg pieces today that illustrate one of the trickiest dynamics in the UK right now - a fantastic piece of analysis by Irina Anghel on the crisis hitting young people’s job prospects in London, while Parmy Olson looks at growing excitement around AI in London . With any other industry there would be hopes it would drive mass employment but at the moment the numbers employed in t...
There are two Bloomberg pieces today that illustrate one of the trickiest dynamics in the UK right now - a fantastic piece of analysis by Irina Anghel on the crisis hitting young people’s job prospects in London, while Parmy Olson looks at growing excitement around AI in London . With any other industry there would be hopes it would drive mass employment but at the moment the numbers employed in this new sector remain relatively low. It still seems unlikely - though this is a watching brief - that London becoming an AI hub will create broad-based employment in the way that being a professional services centre does. Irina’s piece contains so many gobsmacking graphs, it’s hard to know which to pick. Around one in four 16-24 year olds in London are looking for work, she shows. For the first time ever, the UK is worse than the EU average for youth unemployment. Whereas the capital used to be the global hub for entry level jobs, now it’s the “epicentre” of growing youth joblessness. One computer science grad told Irina: “It is hard to compete with a technology that makes mistakes, but can be fixed easily by a senior.” Here’s Irina on why it’s all quite so bad: “The composition of London’s jobs market leaves it vulnerable to AI, which tends to reward seniority and punish those who are just starting out ... Around a third of London workers are employed in highly exposed AI sectors like professional services, administrative, IT and finance, compared to about a fourth for the UK as a whole”. Thus a piece by Bloomberg Opinion’s Parmy Olson pointing out how London is becoming a go-to place for the industry of the future might once have been great news for new graduates, but could now ring a little hollow. First let’s focus on the good news. After OpenAI announced London will be its largest research hub outside San Fran and Anthropic kicked off a 100+ hiring spree in early March, the concept of ‘Londonmaxxing’ went viral. Some on social media started referring to London as the ...
In this article @LCO.1 Follow your favorite stocks CREATE FREE ACCOUNT In 1973, OPEC proclaimed an oil embargo on the U.S. for its decision to resupply the Israeli military during the Yom Kippur war. The embargo lasted until March 1974, and during this time oil prices quadrupled. To control supply, the federal government under Nixon rationed oil, by state, to 1972 levels. By February 1974, it was ...
In this article @LCO.1 Follow your favorite stocks CREATE FREE ACCOUNT In 1973, OPEC proclaimed an oil embargo on the U.S. for its decision to resupply the Israeli military during the Yom Kippur war. The embargo lasted until March 1974, and during this time oil prices quadrupled. To control supply, the federal government under Nixon rationed oil, by state, to 1972 levels. By February 1974, it was estimated by the American Automobile Association that 20% of gas stations had no fuel to sell. The decade's second energy crisis was in 1979, in the wake of the Iranian Revolution. Photo: AP The U.S. economy has been remarkably resilient lately, confounding forecasters who have insisted we're due for a bust after nearly six years of expansion since the body blow from Covid. So when will the wheels finally come off? There's no way to know, former top White House economist Tyler Goodspeed said in a new book that will likely confound the legion of professional forecasters who regularly predict impending doom. "Recessions are fundamentally unforecastable," Goodspeed said in an interview about the book, "Recession: The Real Reasons Economies Shrink and What to Do About It," which comes out Tuesday. He was acting chair of the White House Council of Economic Advisers in the first Trump administration. Goodspeed's thinking is highly relevant to the war in Iran, but for now he's asking readers to draw their own conclusions about it. Since leaving government, he has gone to work as chief economist for ExxonMobil. Given the sensitive nature of the conflict, CNBC agreed to not ask Goodspeed directly about the war. Energy nonetheless features prominently in Goodspeed's analysis of when and why the U.S. has hit an economic wall over the decades. The transcript of his conversation has been edited for length and clarity. Read more CNBC politics coverage TSA funding update: Senate tees up House vote to end DHS shutdown Ukraine, Saudi Arabia sign defense deal as U.S. reportedly weighs redire...
photosvit/iStock Editorial via Getty Images Tesla, Inc.'s ( TSLA ) market cap is built on intense investor hype over its suite of pending launches that hold promise for market disruption and large respective total addressable markets ("TAM"), but with the Texan automaker's valuation entirely unhinged from the reality of its financials. TSLA's valuation is the elephant in the room, reflective of a ...
photosvit/iStock Editorial via Getty Images Tesla, Inc.'s ( TSLA ) market cap is built on intense investor hype over its suite of pending launches that hold promise for market disruption and large respective total addressable markets ("TAM"), but with the Texan automaker's valuation entirely unhinged from the reality of its financials. TSLA's valuation is the elephant in the room, reflective of a business model built around a carefully crafted narrative of future growth and creative disruption that has baked in a lot of promise into its current stock price. I've described this as a Potemkin village, an unstable facade created to hide a harsher reality behind it. For TSLA, this is a reality of declining sales, waning profitability, and a historically elevated valuation multiple that has become unanchored from fundamentals. I am short, with my thesis hinged on 2026 bringing back-to-back quarters that show TSLA's poorer financials forcing the market to confront the reality behind the village. This village will not only see its Optimus Robot outperforming human surgeons in the operating room by the end of 2028, but it will also include the Robotaxis being " widespread " across the U.S. by the end of this year. eWeek (March, 2026) Research and Markets This village hinges on TSLA's eventual provision of an autonomous ride-hailing service across the U.S. and its core Western European markets. For bulls, the Robotaxi wouldn't just disrupt the current $82.65 billion market for taxi services and ride-hailing in the U.S. It could help reshape and expand this market and play a key role in a market forecasted to grow by a 7.6% compound annual growth rate to $159.13 billion in 2033. However, even though Robotaxi services have really only essentially been made available for trials in Austin and San Francisco, the market has ascribed to TSLA a valuation based on a significant multiple that's simply not been extended to any other company. TSLA's previous convergence with the Magnifi...
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Rocket Pharmaceuticals drops despite the FDA's accelerated approval of gene therapy Kresladi in severe leukocyte adhesion deficiency-I, an ultra-rare disease.
Rocket Pharmaceuticals drops despite the FDA's accelerated approval of gene therapy Kresladi in severe leukocyte adhesion deficiency-I, an ultra-rare disease.
Critics say films lauding country’s attitude to women and green credentials could damage corporation’s reputation The BBC has been accused of making “glossy propaganda films” for Saudi Arabia’s sovereign wealth fund and taking money from a “repressive regime”. BBC Storyworks , the corporation’s commercial arm, has entered into a partnership with Saudi Arabia’s Public Investment Fund (PIF). The bro...
Critics say films lauding country’s attitude to women and green credentials could damage corporation’s reputation The BBC has been accused of making “glossy propaganda films” for Saudi Arabia’s sovereign wealth fund and taking money from a “repressive regime”. BBC Storyworks , the corporation’s commercial arm, has entered into a partnership with Saudi Arabia’s Public Investment Fund (PIF). The broadcaster has made a series of films and written articles lauding the country’s supposedly progressive attitude to women and eco-friendly credentials. These are hosted on a mini-site that carried BBC branding. Continue reading...