(RTTNews) - Nuvalent, Inc. (NUVL) announced the submission to the FDA of the company's NDA for neladalkib, an investigational ALK-selective inhibitor, in TKI pre-treated advanced ALK-positive NSCLC. The application is based on data in TKI pre-treated patients with advanced ALK-po
(RTTNews) - Nuvalent, Inc. (NUVL) announced the submission to the FDA of the company's NDA for neladalkib, an investigational ALK-selective inhibitor, in TKI pre-treated advanced ALK-positive NSCLC. The application is based on data in TKI pre-treated patients with advanced ALK-po
zhongguo/E+ via Getty Images I have covered Vistra Corp. ( VST ) before , where I outlined the investment thesis in detail and explained why I considered it an interesting buy. Since then, the company reported record 2025 figures and confirmed its 2026 guidance. Background Investor Presentation Vistra Corp. is a U.S. power player combining a sizable retail electricity business with a diversified g...
zhongguo/E+ via Getty Images I have covered Vistra Corp. ( VST ) before , where I outlined the investment thesis in detail and explained why I considered it an interesting buy. Since then, the company reported record 2025 figures and confirmed its 2026 guidance. Background Investor Presentation Vistra Corp. is a U.S. power player combining a sizable retail electricity business with a diversified generation fleet spread across 18 states and serving close to 5 million customers under several retail brands. The company operates one of the largest generation fleets in the country, with around 44 GW of capacity distributed across different generation facilities, mainly natural gas, but it also has an important presence in coal and nuclear plants. Renewables are residual with 3% of their capacity. Investor Presentation While Vistra's nuclear plants only represent 15% of its capacity, they generated more electricity than its coal plants, with 24% of total production in 2025, highlighting the importance of the Energy Harbor acquisition in 2024. This also implies that the company could greatly benefit from an increase in power demand, as its coal and gas assets are operating between 50% and 60% of their capacity. Investor Presentation In fact, Vistra management expects that 2026 and 2027 will extend this growth, and this trend could be extended even longer as they expect data center demand not to tighten supply-demand until late 2027 or early 2028. Our primary regions continue to outperform. We maintain our view that annual peak load growth of at least 3% to 5% in ERCOT and low single-digit growth in PJM is achievable through 2030. Importantly, we expect overall load growth to outpace peak demand, resulting in higher expected utilization across the system rather than short-duration peaks alone, implying the economics of existing generation assets will improve on a sustained basis. As explained in the previous article , most of Vistra's growth has come from acquisitions, and ...
US equity futures and oil fluctuate as President Trump’s deadline for Iran to make a peace deal approaches. Bill Ackman's Pershing Square proposes an acquisition of Universal Music Group that would value the record label close to $65 billion. Sitara Sundar of JPMorgan Private Bank discusses her market outlook amid geopolitical uncertainties. (Source: Bloomberg)
US equity futures and oil fluctuate as President Trump’s deadline for Iran to make a peace deal approaches. Bill Ackman's Pershing Square proposes an acquisition of Universal Music Group that would value the record label close to $65 billion. Sitara Sundar of JPMorgan Private Bank discusses her market outlook amid geopolitical uncertainties. (Source: Bloomberg)
A new rating from Benchmark raises a familiar question about Palantir's ability to generate enough revenue and customer growth to justify its premium valuation
A new rating from Benchmark raises a familiar question about Palantir's ability to generate enough revenue and customer growth to justify its premium valuation
LewisTsePuiLung Authorities in Brazil have blacklisted BYD Company Limited ( BYDDF ) ( BYDDY ) over labor violations tied to a construction site for the Chinese EV maker’s new factory in Bahia, according to Nikkei Asia. The decision escalates a scandal that began after inspectors found workers in conditions Brazilian authorities described as slavery-like. The issue centers on 163 Chinese workers w...
LewisTsePuiLung Authorities in Brazil have blacklisted BYD Company Limited ( BYDDF ) ( BYDDY ) over labor violations tied to a construction site for the Chinese EV maker’s new factory in Bahia, according to Nikkei Asia. The decision escalates a scandal that began after inspectors found workers in conditions Brazilian authorities described as slavery-like. The issue centers on 163 Chinese workers who were rescued from the site, with investigators saying they were living in unsanitary housing and that some passports had been withheld. BYD ( BYDDF ) has said it cut ties with the contractor involved and is cooperating with authorities. However, the case now threatens reputational damage for BYD ( BYDDF ) and possible financing restrictions if the Chinese auto giant remains on Brazil's “dirty list” after appeals are exhausted. In Brazil, that list is used to publicly name employers found liable for severe labor abuses, and companies added to it can face limits on credit and other business relationships. Notably, Brazil is BYD's ( BYDDF ) biggest market outside China and a key pillar of its global expansion. BYD’s broader plan in Brazil is to turn the Bahia site into a major manufacturing hub for electric and hybrid vehicles, with local production intended to begin in 2025 and scale quickly afterward. Shares of BYD Company ( BYDDF ) are up 9.0% on a year-to-date basis. More on BYD BYD Tech Advances, Interest In Racing Are Clues To Further International Expansion BYD: Too Cheap To Ignore, Too Unclear To Buy BYD: King Of EVs With Ambitious Overseas Expansion Plans - Reiterate Buy Toyota overtakes BYD in Japan EV sales with $6,000 subsidy advantage Solid-state battery breakthrough claims spark skepticism across auto industry
Alphabet Inc. ’s Google plans to introduce new mental health support features for its Gemini chatbot as the company and rivals, like OpenAI, have faced several lawsuits accusing their artificial intelligence tools of leading to harm. Gemini will add an interface directing chatbot users to a support hotline when the conversation indicates “a potential crisis related to suicide or self-harm,” Google...
Alphabet Inc. ’s Google plans to introduce new mental health support features for its Gemini chatbot as the company and rivals, like OpenAI, have faced several lawsuits accusing their artificial intelligence tools of leading to harm. Gemini will add an interface directing chatbot users to a support hotline when the conversation indicates “a potential crisis related to suicide or self-harm,” Google said in a blog post on Tuesday . Additionally, the company is adding a “help is available” module for chats about mental health and design tweaks to discourage self-harm. The rapid explosion of tools like Gemini and ChatGPT have led to some users forming obsessive relationships with AI bots, allegedly contributing to delusions and, in extreme cases, murder-suicides. Several families have sued leading AI developers over the issue. Congress has looked into potential threats chatbots pose to children and teenagers. Read More: Google Gemini Accused of Coaching Florida Man to Suicide In March, the family of a deceased 36-year-old man in Florida sued Google , claiming that his use of Gemini culminated in a “four-day descent into violent missions and coached suicide.” At the time, Google said the chatbot referred the man to a crisis hotline many times but promised to improve the tool’s safeguards. In other instances, chatbot users have said that AI tools convinced them to act on clear falsehoods. In the Tuesday blog post, Google said it has trained Gemini “not to agree with or reinforce false believes, and instead gently distinguish subjective experience from objective fact.” The company didn’t provide further details on this process. In the past, Google has made similar adjustments to its popular services after facing scrutiny, adding information from health institutions and professionals to its search engine and YouTube. Google also said on Tuesday it was donating $30 million to global crisis support services over the next three years. Read More: OpenAI Confronts Signs of Delus...
felixmizioznikov/iStock Editorial via Getty Images I was scrolling through my phone the other day and discovered that Cheesecake Factory ( CAKE ) has a high-calorie Oreo slice with ~1,700 calories. Useless trivia, I know. Calories per dollar wouldn't make sense here. But I just keep thinking about how many hours and hours of lifting I'd need to burn all that off. Oh, I almost forgot I'm always bul...
felixmizioznikov/iStock Editorial via Getty Images I was scrolling through my phone the other day and discovered that Cheesecake Factory ( CAKE ) has a high-calorie Oreo slice with ~1,700 calories. Useless trivia, I know. Calories per dollar wouldn't make sense here. But I just keep thinking about how many hours and hours of lifting I'd need to burn all that off. Oh, I almost forgot I'm always bulking! Speaking of gaining weight, this stock didn't bulk up post-earnings. And don't get me wrong, this wasn't a bad quarter given the American consumer's wallet in Q4. Probably the slip-up I mentioned in the last article —competing with fast-casuals and not other casual dining—is already impacting same-store sales. I'll tell you about that soon. First, I want to give you a peek at my 'Hold' rating here. Seeking Alpha Looks like it aged well, don't you think? I had flagged the stock as fairly valued just above $60. It even touched $65, but quickly fell back into the $50s after earnings, boosted by Cheesecake Factory and perhaps offset by Flower Child and some other FRC concepts. As the spin-off seems to be off the table (I even discussed this optionality in another article ), I'll keep viewing the stock as a casual dining option with top-notch AUVs, but snail-paced organic growth (at least in the core concept), and Capex-heavy. But you know what? The million-bowl question (piggybacking on this new strategy) is whether The Cheesecake Factory sits in that group or ends up like First Watch ( FWRG ), holding off on value until the last minute. That's the dilemma of the more 'premium-like' casual dining chains. Well, BJ's ( BJRI ) did very well with a prix fixe lunch menu. And if they could do it, why couldn't The Cheesecake Factory? The ‘Bowl Effect’ Don't tell me you imagined Cheesecake Factory would report strong same-store sales? To me, it smelled strongly of something bad coming. At the very least, bland. Remember that chains that implemented prix fixe promotions ended up b...