Andy Andrews The strong trend in pharma and biotech dealmaking, which has been ongoing for several years, should continue according to experts. Speaking at the FT US Pharma and Biotech Summit in New York, Eric Tokat, partner at Centerview Partners, noted that in Q4 2025 and Q1 2026, there have been 34 significant transactions in the pharma and biotech space, adding that many of the deals have deal...
Andy Andrews The strong trend in pharma and biotech dealmaking, which has been ongoing for several years, should continue according to experts. Speaking at the FT US Pharma and Biotech Summit in New York, Eric Tokat, partner at Centerview Partners, noted that in Q4 2025 and Q1 2026, there have been 34 significant transactions in the pharma and biotech space, adding that many of the deals have dealt with companies that have earlier-stage candidates compared to past years. Moreover, Clive Meanwell, chairman and partner at Population Health Partners, believes that the strong deal-making environment is poised to continue for at least the next few years. While dealmaking recently has focused on oncology and obesity, Meanwell sees this expanding into other areas, particularly central nervous system ( CNS ) assets. Tokat added that despite a macroeconomic environment saddled by concerns over inflation, oil prices, and the ongoing Iran war, he expects pharma and biotech deals to continue full steam ahead. That's different from what happened in 2022, when the Ukraine-Russia conflict had just begun, sinking the XBI ( XBI ), a biotech ETF considered a bellwether for that industry, he noted. Merck ( MRK ) VP, Business Development & Licensing Elizabeth Naldi-Jacob, said that besides oncology deals, she sees immunology and CNS more in play, though the company is open to all therapeutic areas. Merck has been on a transactions tear since 2025, spending nearly $26B on M&A from April 2025 to April 2026, according to an FT report . Its dealmaking frenzy is largely the result of its blockbuster oncology therapy Keytruda (pembrolizumab) going off patent in 2028. Over that time, the company has engaged with Verona Pharma, Cidara Therapeutics, and most recently, Terns Pharmaceuticals. Naldi-Jacob added that she is also "geographically agnostic" when thinking about companies to do deals with. She added that what's going on in the "macro world is not going to slow us down from doing busines...
CHUYN/iStock Unreleased via Getty Images NBCUniversal held its 2026 upfront at Radio City Music Hall earlier in the week. The Comcast ( CMCSA ) property used the event to focus on its pivot as a legacy broadcaster that features outcomes-driven ad tech, live sports, Peacock-powered streaming, and cutting-edge performance marketing. On the content side, NBCU emphasized its scaled, premium content sl...
CHUYN/iStock Unreleased via Getty Images NBCUniversal held its 2026 upfront at Radio City Music Hall earlier in the week. The Comcast ( CMCSA ) property used the event to focus on its pivot as a legacy broadcaster that features outcomes-driven ad tech, live sports, Peacock-powered streaming, and cutting-edge performance marketing. On the content side, NBCU emphasized its scaled, premium content slate across NBC, Peacock, Bravo, and Versant. Management highlighted the “Sunday Sports” strategy, with Sunday Night Football, Sunday Night Basketball, and Sunday Night Baseball all positioned during what NBCU called the biggest consumer spending day of the week. NBCU also spotlighted the full-scale rollout of its Performance Insights Hub, which it described as a unified dashboard intended to show campaign delivery, audience insights, and "full-funnel, in-flight" performance across linear and streaming. The platform integrates a roster of data and measurement partners and is explicitly aimed at tying TV investment to hard metrics like website visits and sales conversions. Franchise IP was also in the spotlight, including Vin Diesel-fronted Fast & Furious spinoff projects that NBCU said are part of a broader play to turn film franchises into ongoing series and event programming on its platforms. AI was also a part of the Upfront presentation, with plans to launch AI-based live contextual advertising and deploy an agentic AI strategy in the works. More on Comcast Comcast: Major Pivot Advances While Irrational Crash Creates A Generational Buying Opportunity Comcast: Market Is Ignoring A 14% Yield Opportunity Comcast Corporation (CMCSA) Q1 2026 Earnings Call Transcript Comcast shares snapped seven-session losing streak Ted Turner, the man who made news 24 hours, dies at 87
An interactive map tracking data center construction and AI policy, built by Isabelle Reksopuro. When Oregon resident Isabelle Reksopuro heard Google was gobbling up public land to fuel its data centers in her home state, she didn't initially know what to believe. "There's a lot of misinformation about data centers," she said. "Google has denied taking that land." Technically, she explains, The Da...
An interactive map tracking data center construction and AI policy, built by Isabelle Reksopuro. When Oregon resident Isabelle Reksopuro heard Google was gobbling up public land to fuel its data centers in her home state, she didn't initially know what to believe. "There's a lot of misinformation about data centers," she said. "Google has denied taking that land." Technically, she explains, The Dalles, a city near the Washington state border, sought to reclaim that land, "and Google is just a big, unnamed power user." The city had in fact asked for ownership of a 150-acre portion of Mount Hood National Forest, claiming it needs access to Mount Hood's watershed to meet municipal needs as its population - 16,010 as of the 2020 census - … Read the full story at The Verge.
Separate Peace? Saudi Arabia Floats Regional Non-Aggression Pact With Iran Are regional Gulf countries seeking to forge there own separate peace deals with Iran, apart from the United States? That's what fresh Thursday reporting in the Financial Times suggests. The report says Saudi Arabia is supposedly considering a non-aggression pact between the Middle East states and Iran after the military co...
Separate Peace? Saudi Arabia Floats Regional Non-Aggression Pact With Iran Are regional Gulf countries seeking to forge there own separate peace deals with Iran, apart from the United States? That's what fresh Thursday reporting in the Financial Times suggests. The report says Saudi Arabia is supposedly considering a non-aggression pact between the Middle East states and Iran after the military conflict between the United States and Iran ends, the FT indicates. via Express Tribune Citing diplomatic sources, it describes that Riyadh is assessing a model of the Helsinki Process , which helped reduce tensions in Europe during the Cold War, and created an uneasy East-West peace in post-WW2 Europe. The driving rationale behind the potential diplomatic framework is that while Iran is "weakened," the reality is that it still "poses a threat to its neighbors . " An Arab diplomat cited by FT said that a non-aggression pact modelled along the lines of the Helsinki process is something likely to be embraced by most Arab and Muslim states, as well as by Iranian leader. "It all depends on who is in it - in the current climate, you are not going to be able to get Iran and Israel... Without Israel, it could be counterproductive because after Iran, they are seen as the biggest source of conflict . But Iran is not going anywhere, and this is why the Saudis are pushing it," the source stated . The Abraham Accords have theoretically attempted to build a normalization and non-aggression foundation involving Arab states and Israel, but other countries and populations in the region are suspicious of it for the very fact that it is seen fundamentally as a pro-US and pro-Israeli axis of alignment . As for for Tehran and Riyadh, they recently have experience with direct, good faith talks, given that it was only in 2023 that China made history when it brokered a landmark normalization deal between Iran and Saudi Arabia - after which mutual embassies opened and went into operation. This week,...
ETFs are the easiest and best ways to diversify your portfolio and build a firm footing for any portfolio. In today's video I am going to detail 6 ETFs I like moving forward, one of those being the Invesco Nasdaq 100 ETF (NASDAQ: QQQ) that has substantial upside potential during this AI craze. Many of these ETFs are tied to AI in some shape or form, but the 6 ETFs are a diversified list of ETFs. W...
ETFs are the easiest and best ways to diversify your portfolio and build a firm footing for any portfolio. In today's video I am going to detail 6 ETFs I like moving forward, one of those being the Invesco Nasdaq 100 ETF (NASDAQ: QQQ) that has substantial upside potential during this AI craze. Many of these ETFs are tied to AI in some shape or form, but the 6 ETFs are a diversified list of ETFs. Watch this short video to learn more, consider subscribing to the channel, and check out the special offer in the link below. Continue reading
Trump says China’s president also pledged ‘strongly’ not to send weapons to Iran, after two-hour meeting between the leaders Trump in Beijing – latest updates Five key issues for Xi-Trump summit China’s president, Xi Jinping, has warned of “clashes and even conflicts” with the US over Taiwan after meeting Donald Trump in Beijing. Xi’s remarks, published by China’s foreign ministry after his two-ho...
Trump says China’s president also pledged ‘strongly’ not to send weapons to Iran, after two-hour meeting between the leaders Trump in Beijing – latest updates Five key issues for Xi-Trump summit China’s president, Xi Jinping, has warned of “clashes and even conflicts” with the US over Taiwan after meeting Donald Trump in Beijing. Xi’s remarks, published by China’s foreign ministry after his two-hour meeting with Trump on Thursday morning, said Taiwan was “the most important issue in China-US relations”. Continue reading...
Everything was in place for a move against the PM but for a moment Labour seemed to have forgotten the final act UK politics live – latest updates Waiting. Waiting. Waiting. The sun rose in the west. Hailstones the size of footballs battered the pavements from cloudless skies. Dogs miaowed and cats barked. Political journalists positioned outside Downing Street were in a frenzy of madness. The BBC...
Everything was in place for a move against the PM but for a moment Labour seemed to have forgotten the final act UK politics live – latest updates Waiting. Waiting. Waiting. The sun rose in the west. Hailstones the size of footballs battered the pavements from cloudless skies. Dogs miaowed and cats barked. Political journalists positioned outside Downing Street were in a frenzy of madness. The BBC political editor, Chris Mason, ran down Whitehall, accosting strangers, demanding to know if they were going to resign. If not now, then when? Sky News’s Beth Rigby confronted Robert Peston of ITV live on air insisting he was mounting a leadership challenge. It was that kind of a day. Continue reading...
In the last week, the United States market has stayed flat, yet it has seen a remarkable 25% increase over the past year with earnings forecasted to grow by 17% annually. In this thriving environment, growth companies with high insider ownership can be particularly appealing as they often indicate strong confidence from those closest to the business in its potential for continued success.
In the last week, the United States market has stayed flat, yet it has seen a remarkable 25% increase over the past year with earnings forecasted to grow by 17% annually. In this thriving environment, growth companies with high insider ownership can be particularly appealing as they often indicate strong confidence from those closest to the business in its potential for continued success.
Eli Lilly (NYSE:LLY) just delivered one of the most impressive quarters in big pharma history, and the stock is responding. After a sharp drawdown in early 2026, shares have rebounded 9.27% over the past month as Mounjaro and Zepbound continue to redefine the obesity and diabetes treatment landscape. Our 24/7 Wall St. price target points ... Is Eli Lilly Going To $1,100?
Eli Lilly (NYSE:LLY) just delivered one of the most impressive quarters in big pharma history, and the stock is responding. After a sharp drawdown in early 2026, shares have rebounded 9.27% over the past month as Mounjaro and Zepbound continue to redefine the obesity and diabetes treatment landscape. Our 24/7 Wall St. price target points ... Is Eli Lilly Going To $1,100?
Hiroshi Watanabe/DigitalVision via Getty Images Market Overview International equities edged lower in the first quarter of 2026, navigating a complex macro backdrop shaped by geopolitical tensions and renewed inflation concerns. The escalation of military actions in the Middle East triggered a global energy shock, driving oil prices sharply higher and shifting investor focus back to inflation and ...
Hiroshi Watanabe/DigitalVision via Getty Images Market Overview International equities edged lower in the first quarter of 2026, navigating a complex macro backdrop shaped by geopolitical tensions and renewed inflation concerns. The escalation of military actions in the Middle East triggered a global energy shock, driving oil prices sharply higher and shifting investor focus back to inflation and macroeconomic risk. Performance Summary Hartford International Equity Fund (I Share) outperformed the MSCI ACWI ex-USA Index during the quarter. Security selection within the information-technology and energy sectors contributed to relative results while selection within the industrials and financials sectors detracted. Sector allocation is a residual of the portfolio's bottom-up stock selection process. Our underweight exposure to financials and overweight to information technology benefitted relative results, while our overweight exposure to consumer discretionary and underweight to energy were detractors. Factor impact on the Fund was modestly positive, driven by its exposure to higher quality names and value names. This was only partially offset by the Fund's underweight exposure to higher momentum names, which detracted. From a top-down perspective, regional exposures (country and currency) detracted over the period. Positioning in Europe and North America were notable detractors. This was only partially offset by exposure in emerging markets and Japan, which contributed. The top relative contributors to performance during the quarter included the Fund's overweight position in PRIO ( PTRRY ) (energy) and not holding Novo Nordisk ( NVO ) (healthcare). The top relative detractors from performance during the period included out-of-benchmark positions in Flutter Entertainment ( FLUT ) (consumer discretionary) and Klarna ( KLAR ) (financials). Positioning & Outlook The first quarter of 2026 was characterized by a resurgence in market volatility, driven by a combination of g...
An investigation into how the women came to be in the water is ongoing, but there is no evidence to suggest criminality Police believe they have identified three women whose bodies were recovered from the sea off Brighton beach. Sussex police said next of kin have been informed, but it would not be appropriate to publicly name them until the process of formally identifying them is complete. Contin...
An investigation into how the women came to be in the water is ongoing, but there is no evidence to suggest criminality Police believe they have identified three women whose bodies were recovered from the sea off Brighton beach. Sussex police said next of kin have been informed, but it would not be appropriate to publicly name them until the process of formally identifying them is complete. Continue reading...
British Columbia Investment Management Corp . is closing two global stock-picking strategies that oversee about C$4.3 billion ($3.1 billion), as it contends with a contracting pool of publicly listed firms. The pension fund manager is retiring two internally managed global strategies focused on thematic and fundamental equities, BCI said in an emailed statement to Bloomberg. The strategies, Global...
British Columbia Investment Management Corp . is closing two global stock-picking strategies that oversee about C$4.3 billion ($3.1 billion), as it contends with a contracting pool of publicly listed firms. The pension fund manager is retiring two internally managed global strategies focused on thematic and fundamental equities, BCI said in an emailed statement to Bloomberg. The strategies, Global Active Thematic Equities and Global Active Fundamental Equities, make up about 7.2% of its public equities portfolio. “The opportunity set for active fundamental stock selection in global developed equities has reduced materially — fewer listed companies, growth companies staying private for much longer, higher index concentration and a narrower path to alpha,” BCI’s global head of capital markets and credit investments, Daniel Garant , said in the statement. The rise of passive investing has further reshaped markets in recent years, with investors directing more capital toward index funds and low-cost exchange-traded funds. At the same time, increasing concentration in major benchmarks — driven in part by the so-called Magnificent Seven group of tech and growth stocks — has diminished the payoff of stock picking. Meanwhile, private capital is keeping high-quality businesses private for longer, BCI said in the statement. Other firms are staying away from the public markets because of regulatory costs and quarterly reporting mandates, according to the pension manager. BCI, which had C$251.6 billion in net assets as of March 31, 2025, said it will remain active in other areas of equities, including Canadian large-cap stocks, global quantitative active strategies and global emerging markets. The pension manager said it has shifted the responsibilities of several individuals within capital markets, and that several others have left BCI.
Confira com Patricia Xavier e Daniel Carvalho os assuntos que foram destaque da semana no Brasil. Edição de Patricia Xavier e produção de Catarina Bacci e Barbara Nascimento. (Source: Bloomberg)
Confira com Patricia Xavier e Daniel Carvalho os assuntos que foram destaque da semana no Brasil. Edição de Patricia Xavier e produção de Catarina Bacci e Barbara Nascimento. (Source: Bloomberg)
The Dow just hit 50,000 for the first time, and all three major indexes are up about 1% at midday. Here's what's driving the moves and what it means for your portfolio.
The Dow just hit 50,000 for the first time, and all three major indexes are up about 1% at midday. Here's what's driving the moves and what it means for your portfolio.