Researchers at the University of Hong Kong (HKU) say they have developed a world-first nasal spray that delivers neurotherapeutic powder directly to the brain as first aid for ischemic stroke patients, with clinical trials expected by 2030. The treatment is intended for initial use by paramedics, before being rolled out to high-risk groups in care facilities and eventually the general public throu...
Researchers at the University of Hong Kong (HKU) say they have developed a world-first nasal spray that delivers neurotherapeutic powder directly to the brain as first aid for ischemic stroke patients, with clinical trials expected by 2030. The treatment is intended for initial use by paramedics, before being rolled out to high-risk groups in care facilities and eventually the general public through pharmacies. It was developed by the Li Ka Shing Faculty of Medicine at HKU and the university’s...
Pulp Fiction co-writer Roger Avary wants to bring the epic poem to the big screen using the power of artificial intelligence. It can’t be any good The thing about unfilmable works of literature is that most of them eventually turn out to be quite filmable after all. The Lord of the Rings was a bit of a mess when shot in rotoscope on a minuscule budget by the guy who filmed Fritz the Cat; it won Os...
Pulp Fiction co-writer Roger Avary wants to bring the epic poem to the big screen using the power of artificial intelligence. It can’t be any good The thing about unfilmable works of literature is that most of them eventually turn out to be quite filmable after all. The Lord of the Rings was a bit of a mess when shot in rotoscope on a minuscule budget by the guy who filmed Fritz the Cat; it won Oscars when handed to Peter Jackson, given the GDP of a small nation and a visual effects department the size of Gondor. The 1984 version of Dune was a disappointment, despite the presence of David Lynch in the director’s chair, largely because all that gleaming, tawdry galactic opulence couldn’t make up for the comprehensively bad acting, clotted exposition and obsession with freaky heart plugs. And yet the 2021 adaptation from Denis Villeneuve ended up being a tour de force of masterly restraint and monolithic scale. Milton’s Paradise Lost? The 17th-century epic poem has always felt like an outlier, a work of literature too religiously inspired to be filmed purely as a work of fantasy, yet too riotously bonkers to be treated with puritanical reverence. It contains more drama than the entire Marvel Cinematic Universe in every line of thunderous God-baiting iambic pentameter. And now Roger Avary, co-writer of Pulp Fiction and director of Killing Zoe and The Rules of Attraction, wants to bring it to the big screen using the power of AI . Continue reading...
While the S&P 500 (^GSPC) includes industry leaders, not every stock in the index is a winner. Some companies are past their prime, weighed down by poor execution, weak financials, or structural headwinds.
While the S&P 500 (^GSPC) includes industry leaders, not every stock in the index is a winner. Some companies are past their prime, weighed down by poor execution, weak financials, or structural headwinds.
Shares of Star Sports Medicine Co. in their Hong Kong trading debut on Tuesday, extending a run of strong listings in the city in recent months as investors showed that appetite for Chinese stocks extends beyond companies linked to artificial intellgence. The medical equipment maker’s stock jumped 117% in its Tuesday debut. The recent run of first-day pops included a 384% jump for optical-computin...
Shares of Star Sports Medicine Co. in their Hong Kong trading debut on Tuesday, extending a run of strong listings in the city in recent months as investors showed that appetite for Chinese stocks extends beyond companies linked to artificial intellgence. The medical equipment maker’s stock jumped 117% in its Tuesday debut. The recent run of first-day pops included a 384% jump for optical-computing firm Lightelligence, while hardware and software firm Shanghai Sunmi Technology surged 298% in its debut. The outsize gain underscores improving sentiment toward new offerings in Hong Kong, where a pickup in listings has been driven by companies in high-growth sectors seeking to tap equity markets amid stabilizing conditions. The weighted average first-day gain of listings that raised at least $100 million has been 42.3% this year, according to data compiled by Bloomberg. Star Sports shares climbed to as high as HK$299 early trading and closed at HK$215, compared with an initial public offering price of HK$98.50 per share. Strong investor demand helped the company raise HK$829.6 million ($106 million), with its retail portion subscribed more than 7,823 times. Demand for medical devices has been rising across China’s aging and increasingly active population, drawing a wave of listings from domestic equipment makers and innovative drugmakers to Hong Kong. Read More: Hong Kong’s First-Day IPO Surges Are Becoming Common: ECM Watch Star Sports is a Beijing-based medical device maker specializing in clinical sports medicine solutions targeting major joints. Its product portfolio spans self-developed implants, equipment, consumables and surgical instruments used for injury treatment, rehabilitation and prevention. For the latest news on equity capital markets activity in the Asia-Pacific region, follow the channel or visit NI BFWECMAS . To subscribe to ECM Watch , Bloomberg’s daily roundup of news from around the region, click here . Stories that Bloomberg is following : Yotta D...
Workers developing Google’s ( GOOG ) artificial intelligence products in the UK have voted to unionize, in part out of concerns about a deal between the company and the U.S. military that was announced last week, The Guardian reported. In a letter slated to go to management on Tuesday and shared exclusively with the Guardian, workers at Google DeepMind, the company’s AI research laboratory, reques...
Workers developing Google’s ( GOOG ) artificial intelligence products in the UK have voted to unionize, in part out of concerns about a deal between the company and the U.S. military that was announced last week, The Guardian reported. In a letter slated to go to management on Tuesday and shared exclusively with the Guardian, workers at Google DeepMind, the company’s AI research laboratory, requested recognition of the Communication Workers Union and Unite the Union as joint representatives of the lab’s UK-based staff. DeepMind’s UK workers voted to unionize in April. One of the workers said they were particularly driven by reports that Google was close to reaching a deal with the defense department and pointed to the US’s “capricious Iran war” and the Trump administration’s feud with Anthropic ( ANTHRO ) as indications that the department is “not a responsible partner”. The deal was ultimately announced on Friday. “I have joined the union due to concerns about AI being used to empower authoritarianism, whether through military or surveillance applications, both foreign and domestic,” added the worker, who requested anonymity because of fear of retaliation. “By unionizing, we are taking the traditional route for workers to organize and have a say.” Another worker, who also requested anonymity, said that many at the company had struggled with what they had come to view as their complicity in Israel’s war in Gaza. The company provided the Israeli military with increased access to its AI tools from the early days of the war in Gaza, the Washington Post reported last year, and in 2021, it signed, along with Amazon ( AMZN ), a $1.2B cloud-computing contract with the Israeli government. “Our technology helped the IDF,” said the second UK worker, referring to Israel’s military. “I want AI to benefit humanity, not to facilitate a genocide.” Concerns by Google ( GOOG ) ( GOOGL ) workers and investors have been mounting for years but have particularly escalated after the comp...
(RTTNews) - Kosmos Energy Ltd. (KOS), a deepwater exploration and production company, Tuesday reported a wider net loss for the first quarter, despite revenue growth. Costs, and expenses, especially net derivative and exploration expenses were significantly up and that weighed on
(RTTNews) - Kosmos Energy Ltd. (KOS), a deepwater exploration and production company, Tuesday reported a wider net loss for the first quarter, despite revenue growth. Costs, and expenses, especially net derivative and exploration expenses were significantly up and that weighed on
Trevor Williams Hedge funds sharply reduced exposure to U.S. information technology stocks, marking the largest wave of deleveraging in the sector in the past decade, according to Goldman Sachs. The bank said that on a trailing two-week basis, recent degrossing activity in U.S. tech, excluding the meme stock-driven period in early 2021, registered a -2.7 z-score, underscoring the scale of the move...
Trevor Williams Hedge funds sharply reduced exposure to U.S. information technology stocks, marking the largest wave of deleveraging in the sector in the past decade, according to Goldman Sachs. The bank said that on a trailing two-week basis, recent degrossing activity in U.S. tech, excluding the meme stock-driven period in early 2021, registered a -2.7 z-score, underscoring the scale of the move. "Degrossing" refers to hedge funds cutting overall exposure by selling long positions and covering short bets to reduce risk during periods of uncertainty or volatility. The latest data suggested a broad pullback in positioning across the tech sector, which had been a key driver of market gains recently. The magnitude of the move pointed to a rapid shift in sentiment, as investors scaled back risk following a period of crowded positioning. Historically, such sharp deleveraging episodes have coincided with heightened volatility, though they can also reset positioning and create room for future re-entry. The unwind highlighted growing caution among institutional investors, even as the broader market remained relatively resilient, with tech stocks still near recent highs. Here is the chart: Goldman Sachs More on tech A Subtle Change Took Place For The Capex Story Software Is 2026's Strongest Buy Opportunity: Here's Why The Credit Market Lens: Software Stuck In A Trough Hedge funds dump info tech for the second week as de-risking accelerates MaxLinear is the best performing IT stock in April
design master Stock futures edged higher early Tuesday as investors tracked renewed Middle East tensions while eyeing key economic data later this week. Here are some of Tuesday's biggest stock movers: Biggest stock gainers Pinterest ( PINS ) +16% - Shares surged after posting Q1 results above expectations, with revenue rising 17% Y/Y to $1B and adjusted EPS of $0.27, beating estimates. Global mon...
design master Stock futures edged higher early Tuesday as investors tracked renewed Middle East tensions while eyeing key economic data later this week. Here are some of Tuesday's biggest stock movers: Biggest stock gainers Pinterest ( PINS ) +16% - Shares surged after posting Q1 results above expectations, with revenue rising 17% Y/Y to $1B and adjusted EPS of $0.27, beating estimates. Global monthly active users grew 11% Y/Y to 631M, marking the tenth consecutive quarter of double-digit user growth. Looking ahead, the company expects Q2 revenue of $1.13B to $1.15B, above the $1.12B consensus, with adjusted EBITDA projected between $256M and $276M, supported by continued momentum in its AI-powered advertising platform. Intel Corporation ( INTC ) +4% - Shares rose after reports that Apple (AAPL) has held exploratory talks with Intel and Samsung Electronics Co. to potentially manufacture processors in the U.S., offering an alternative to Taiwan Semiconductor Manufacturing Company. The discussions remain early-stage, with no orders placed, as Apple evaluates options beyond its longstanding partner. Apple executives have also reportedly visited Samsung’s Texas facility under development, though concerns about non-TSMC technology persist and the company may ultimately not proceed with additional partners. Biggest stock losers Duolingo ( DUOL ) -13% - Shares dipped despite better-than-expected Q1 results, as a softer growth outlook and higher investments weighed on sentiment. Revenue rose ~27% Y/Y to $292M, beating estimates, while bookings grew 14% to $308.5M and adjusted EBITDA margin expanded 140 bps to 28.6%. Looking ahead, the company maintained its FY2026 revenue outlook of ~$1.21B but guided bookings growth of ~10–12%, signaling moderation, with Q2 growth expected at ~5.8%. Management expects adjusted EBITDA of ~$310M for the year and noted increased AI-related investments will pressure margins in the near term, with benefits likely beyond 2027. Ocugen ( OCGN ) -9...
FINRA has adopted significant changes to its margin rule with potential impacts on active investors. If you currently engage in or are considering an active investment strategy, be sure to understand what's changing and how this will affect you.
FINRA has adopted significant changes to its margin rule with potential impacts on active investors. If you currently engage in or are considering an active investment strategy, be sure to understand what's changing and how this will affect you.
French television broadcaster says the "video referee is the master of what he wants to see" in response to Bath boss Johann van Graan's TMO criticism.
French television broadcaster says the "video referee is the master of what he wants to see" in response to Bath boss Johann van Graan's TMO criticism.