AstraZeneca ( AZN ) said that it has moved its oral GLP-1 elecoglipron into phase 3 following positive mid-stage results in weight loss and type 2 diabetes. In the phase 2b VISTA trial, obese or overweight patients on elecoglipron saw an average weight loss of 10.5% at 26 weeks. At 36 weeks, the figure was 11.8%. In the SOLSTICE phase 2b study, patients taking elecoglipron saw an a verage decline ...
AstraZeneca ( AZN ) said that it has moved its oral GLP-1 elecoglipron into phase 3 following positive mid-stage results in weight loss and type 2 diabetes. In the phase 2b VISTA trial, obese or overweight patients on elecoglipron saw an average weight loss of 10.5% at 26 weeks. At 36 weeks, the figure was 11.8%. In the SOLSTICE phase 2b study, patients taking elecoglipron saw an a verage decline in HbA1c of 1.9% from baseline. AstraZeneca noted that the safety profile of elecoglipron was similar to that seen in other GLP-1 receptor agonists. More on AstraZeneca PLC AstraZeneca PLC (AZN) Presents at American Society of Clinical Oncology (ASCO) Annual Meeting 2026 - Slideshow AstraZeneca: 8% Q1 Revenue Growth And Imfinzi/Ultomiris Trial Data Wins AstraZeneca PLC (AZN) Q1 2026 Earnings Call Transcript HHS indicates skepticism on international cancer risk assessments AstraZeneca releases positive Imfinzi + Imjudo results in liver cancer
Michael H/DigitalVision via Getty Images My positive outlook for Endeavour Mining ( EDVMF ) stems from a straightforward but underappreciated idea. This is not merely a levered position in gold prices; Endeavour is becoming a self-sustaining, West African gold platform utilizing the strength of current gold prices to restore the balance sheet, return value to shareholders, and support the developm...
Michael H/DigitalVision via Getty Images My positive outlook for Endeavour Mining ( EDVMF ) stems from a straightforward but underappreciated idea. This is not merely a levered position in gold prices; Endeavour is becoming a self-sustaining, West African gold platform utilizing the strength of current gold prices to restore the balance sheet, return value to shareholders, and support the development of the next cornerstone mine in a low-cost manner – all while avoiding the use of dilutive equity or transformative M&A. First, Endeavour is producing significant amounts of free cash flow from the established portfolio. Second, Endeavour is developing Assafou, which will potentially enhance the company's cost structure and extend mine life during the latter portion of this decade. With Endeavour having net cash, establishing a formal shareholder return program, and a discovery pipeline throughout the Birimian Greenstone Belt, I believe that Endeavour should be valued as a disciplined senior gold producer with a high-return organic growth engine, not as a politically discounted African issuer. Q1 Cash Surge In the first quarter of 2026, the operating leverage built into Endeavour's portfolio was demonstrated. In terms of actual production, Endeavour produced 282,000 ounces of gold in Q1 at an all-in sustaining cost (AISC) of $1,834/oz. At the same time, the average realized price for gold increased to $4,810/oz. While production decreased sequentially from the previous quarter, the cash conversion was very strong: adjusted EBITDA was $880 million, free cash flow was $613 million, and adjusted net earnings were $370 million ($1.53/share). The company also had $405 million of net cash on hand as well as $1.7 billion of total liquidity available to it at the end of the period. endeavourmining.com While the AISC appears high (due in part to higher gold-price-driven royalty costs), it does not tell the complete story. Management stated that the impact of the royalties would ...
Major earnings expected before the bell on Tuesday include: Uranium Energy Corp. ( UEC ) The J. M. Smucker Company ( SJM ) United Natural Foods ( UNFI ) EHang Holdings Limited ( EH ) Academy Sports and Outdoors ( ASO ) Other earnings slated for release before Tuesday's open include: DBI , SAIL , TITN , LE For Seeking Alpha's full earnings season calendar, click here .
Major earnings expected before the bell on Tuesday include: Uranium Energy Corp. ( UEC ) The J. M. Smucker Company ( SJM ) United Natural Foods ( UNFI ) EHang Holdings Limited ( EH ) Academy Sports and Outdoors ( ASO ) Other earnings slated for release before Tuesday's open include: DBI , SAIL , TITN , LE For Seeking Alpha's full earnings season calendar, click here .
Apple (AAPL) CEO Tim Cook took the stage on Monday at what will be his final Worldwide Developers Conference (WWDC) keynote speech as chief executive; Cook will be stepping down this September to take on a new role as executive chairman. Geoffrey Cain — the author of "Steve Jobs in Exile" — sits down with Josh Lipton to compare the leadership and achievements of Jobs and Cook.
Apple (AAPL) CEO Tim Cook took the stage on Monday at what will be his final Worldwide Developers Conference (WWDC) keynote speech as chief executive; Cook will be stepping down this September to take on a new role as executive chairman. Geoffrey Cain — the author of "Steve Jobs in Exile" — sits down with Josh Lipton to compare the leadership and achievements of Jobs and Cook.
House Report Finds Minnesota Officials Ignored Fraud To Avoid Racism Accusations A House Committee on Oversight and Government Reform report released Monday paints a devastating picture of both Minnesota Gov. Tim Walz and state Attorney General Keith Ellison , finding that they both knew about widespread fraud in state social services programs and failed to act. The report centers on the Feeding O...
House Report Finds Minnesota Officials Ignored Fraud To Avoid Racism Accusations A House Committee on Oversight and Government Reform report released Monday paints a devastating picture of both Minnesota Gov. Tim Walz and state Attorney General Keith Ellison , finding that they both knew about widespread fraud in state social services programs and failed to act. The report centers on the Feeding Our Future scandal, in which a Minnesota-based nonprofit systematically exploited federal COVID-19 relief funds intended to provide meals to children. So far, more than 60 people have already been found guilty of fraud in connection with the scheme, the majority of whom are of Somali descent. Some defendants used stolen taxpayer money to buy luxury goods, while others funneled proceeds to a radical Islamic terrorist group operating in Somalia. At least $300 million in federal child nutrition funds were placed at serious risk, and approximately $9 billion in Medicaid losses resulted from the broader fraud environment state officials allowed to fester. "Fraud warnings were elevated to the most senior levels of the Minnesota state government, meaningful corrective action was delayed or avoided, and payments continued long after credible signs of fraud emerged," the report states. Senior officials in Walz's office and Ellison's office knew about systemic fraud concerns as early as 2019 within the Minnesota Department of Human Services and, by April 2020, within the state Department of Education, the report says, directly contradicting Walz's and Ellison's public statements. This matters because both men held legal authority to cut off payments to fraudulent operators. Neither exercised it, even though Walz was aware of the suspected fraud in Feeding Our Future by 2020, and the payments continued. The fraudsters didn't just know how to exploit the system for financial gain; they knew how to blackmail state officials to keep their scheme going. When workers inside the Department o...
Meta Platforms表示，在熟练技术工人成为紧俏资源之际，该公司正在创办一个“劳工学院”，培训美国人建设其数据中心。该公司表示，这项为期五周的培训计划是与 世邦魏理仕 （CBRE）和美国建筑承包商协会合作推出的，不仅免费，还保证毕业生能在Meta的数据中心建筑工地获得一份工作。 Meta今年将为该项目投入1.15亿美元，并将在路易斯安那州、俄亥俄州、印第安纳州和得州进行试点。该公司最大的数...
Suphanat Khumsap Investors sharply reduced their bets on falling oil prices last week, pulling a record amount of money from a popular exchange-traded fund designed to profit when crude declines, Bloomberg News reported Monday. About $220 million flowed out of the ProShares UltraShort Bloomberg Crude Oil ETF ( SCO ) during the week, marking the largest weekly withdrawal in the fund's history, acco...
Suphanat Khumsap Investors sharply reduced their bets on falling oil prices last week, pulling a record amount of money from a popular exchange-traded fund designed to profit when crude declines, Bloomberg News reported Monday. About $220 million flowed out of the ProShares UltraShort Bloomberg Crude Oil ETF ( SCO ) during the week, marking the largest weekly withdrawal in the fund's history, according to Bloomberg data. The ETF seeks to deliver twice the inverse of the daily performance of its benchmark index. That index gained 2.2% during the period. At the same time, funds positioned to benefit from rising oil prices attracted fresh capital. The United States Oil Fund ( USO ) and the Brent Oil Fund ( BNO ) were among the products that recorded meaningful inflows. The shift in investor positioning comes as several factors that had previously restrained oil prices begin to weaken. Global inventories are shrinking rapidly, while renewed tensions in the Middle East continue to cloud the outlook for supplies. The conflict involving the United States and Iran has disrupted traffic through the Strait of Hormuz, one of the world's most important oil shipping routes, prompting increased interest from retail traders. Despite the record outflow, broader sentiment in oil markets remains cautious. Early predictions that the Middle East conflict could push crude prices toward $200 a barrel haven't materialized. Since Washington and Tehran agreed to a ceasefire in early April, West Texas Intermediate crude futures have fallen roughly 20%. Prices have been pressured by robust U.S. exports, softer demand from China and continued crude shipments moving through the Strait of Hormuz despite disruptions. Bearish positioning remains evident elsewhere in the market. In the week ended June 2, hedge funds and other money managers increased their net short exposure to WTI crude ( CL1:COM ) to the highest level since mid-February, shortly before fighting in the Middle East intensified. Ret...
Russian satellites have been identified as the cause of mysterious, seconds-long bursts of GPS interference across Europe—a rare example of human-made GPS interference coming from space. But uncertainty still hangs over whether such interference is intentional and if it could be more powerfully weaponized as GPS jamming with continental reach in the future. The discovery came from an investigation...
Russian satellites have been identified as the cause of mysterious, seconds-long bursts of GPS interference across Europe—a rare example of human-made GPS interference coming from space. But uncertainty still hangs over whether such interference is intentional and if it could be more powerfully weaponized as GPS jamming with continental reach in the future. The discovery came from an investigation detailed in a June 2 preprint paper by Todd Humphreys and his student Zach Clements at The University of Texas at Austin, along with Argyris Krizise at Stanford University in California. By sifting through public data from ground-based stations with global navigation satellite system (GNSS) receivers, they identified a pattern of high-powered interference lasting less than 10 seconds each time but simultaneously detectable by ground stations across Europe from Norway to Spain to Poland, and even reaching as far west as Greenland and Canada. By analyzing the ground station data from January 2019 to April 2026, the researchers found 75 days with at least one widespread GNSS interference event overlapping with the GPS L1 frequency band centered on 1575.42 megahertz. That represents the main band used for signal transmission by the US-made GPS satellite constellation and GNSS constellations from other countries. Read full article Comments
Mitchell Modell, former CEO of Modell's Sporting Goods and partner at Versa NYC, discussed the significant economic impact the New York Knicks have on the city, especially during the NBA Finals. Modell described the intense excitement and high demand for bar space surrounding the games. He speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)
Mitchell Modell, former CEO of Modell's Sporting Goods and partner at Versa NYC, discussed the significant economic impact the New York Knicks have on the city, especially during the NBA Finals. Modell described the intense excitement and high demand for bar space surrounding the games. He speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)
(RTTNews) - Amazon.com Inc. (AMZN) has struck a deal to buy billions of dollars' worth of optical fiber from Corning Incorporated over the coming years, all to back the fast growth of its U.S. data center infrastructure. This move really shows the rising demand for investments ti
(RTTNews) - Amazon.com Inc. (AMZN) has struck a deal to buy billions of dollars' worth of optical fiber from Corning Incorporated over the coming years, all to back the fast growth of its U.S. data center infrastructure. This move really shows the rising demand for investments ti
Thanumporn Thongkongkaew/iStock via Getty Images Cipher Digital ( CIFR ), via its subsidiary Stingray Compute, announced on Monday that it plans to raise $810M of senior secured notes due 2031 in a private offering to qualified institutional buyers. The proceeds will be used to complete the Stingray Facility, reimburse about $63.6M of earlier equity contributions, and strengthen debt service reser...
Thanumporn Thongkongkaew/iStock via Getty Images Cipher Digital ( CIFR ), via its subsidiary Stingray Compute, announced on Monday that it plans to raise $810M of senior secured notes due 2031 in a private offering to qualified institutional buyers. The proceeds will be used to complete the Stingray Facility, reimburse about $63.6M of earlier equity contributions, and strengthen debt service reserves. The notes are fully guaranteed by Cipher Stingray and secured by first-priority liens on most assets and equity interests. It will also provide a completion guarantee, ensuring funding support if required to finish the data center on time, even if proceeds fall short. Following the announcement, Cipher Digital stock jumped over 8% to $24.29, recovering from a weekly sell-off. The stock has still outperformed broader markets with an 18.20% monthly return versus the S&P 500's ( SP500 ) 0.09% returns, showing strong sentiment driven by financing progress and Bitcoin’s ( BTC-USD ) rebound momentum. More on Cipher Digital Cipher Digital: Taking Advantage Of An Expensive, Volatile Stock Through Options Cipher Digital Inc. 2026 Q1 - Results - Earnings Call Presentation Cipher Digital: 2 Tailwinds, 1 Undervalued Play 5 of 7 proxy stocks trail BTC's 12% fall: Investors piled into these 6 miner stocks Xerox to join Russell Microcap Index while Applied Digital set to exit among tech firms