Earnings Call Insights: Veru Inc. (VERU) Q2 fiscal 2026 Management View "Veru is a late clinical stage biopharmaceutical company focused on developing innovative medicines for the treatment of cardiometabolic and inflammatory diseases," said Chairman, President & CEO Mitchell Steiner, adding that the pipeline is centered on enobosarm for obesity body-composition outcomes and sabizabulin for vascul...
Earnings Call Insights: Veru Inc. (VERU) Q2 fiscal 2026 Management View "Veru is a late clinical stage biopharmaceutical company focused on developing innovative medicines for the treatment of cardiometabolic and inflammatory diseases," said Chairman, President & CEO Mitchell Steiner, adding that the pipeline is centered on enobosarm for obesity body-composition outcomes and sabizabulin for vascular plaque inflammation. Dr. Steiner positioned enobosarm as a combination approach in older obesity, stating, "The strategy for the next generation of obesity drugs should be a combination therapy with a GLP-1 receptor agonist to cause patients who own and lose that while preserving lean mass and physical function and bone real density with the highest quality weight reduction." On the completed Phase IIb QUALITY trial, Dr. Steiner said it "was a positive study that demonstrated that preserving lean mass and physical function with enobosarm plus semaglutide led to greater fat loss," and highlighted a prespecified responder analysis where "44.3% of patients on placebo for semaglutide group had at least a 10% decline in stair climb power physical function at 16 weeks." Dr. Steiner highlighted stair-climb outcomes with enobosarm, saying the "enobosarm 3-milligram plus semaglutide group had a statistically significant, clinically meaningful 59.8% relative reduction" in patients with at least a 10% decline in stair climb power (p=0.0006), while "in the enobosarm 6 milligram group, plus semaglutide... there was a 44.1% relative reduction" (p=0.051). On the ongoing Phase IIb PLATEAU study, Dr. Steiner said Veru "announced the enrollment the first patient" on March 9, 2026 and added, "I'm very pleased with the current enrollment rate," describing a 68-week study in "approximately 200 older patients, age greater than or equal to 65" with BMI "greater or equal to 35%." CFO & Chief Administrative Officer Michele Greco said, "Net loss was $2.7 million or $0.12 per diluted common share ...
Gilat Satellite Networks (NASDAQ: GILT) stock tripled over the past year, just one of several so-called "space stocks" that benefited from investor hype ahead of the forthcoming SpaceX IPO . But not all space stocks are as good as SpaceX. Gilat shares crashed to Earth this morning, falling 22.5% through 10:35 a.m. ET after beating on earnings but missing on sales last night. Analysts had forecast ...
Gilat Satellite Networks (NASDAQ: GILT) stock tripled over the past year, just one of several so-called "space stocks" that benefited from investor hype ahead of the forthcoming SpaceX IPO . But not all space stocks are as good as SpaceX. Gilat shares crashed to Earth this morning, falling 22.5% through 10:35 a.m. ET after beating on earnings but missing on sales last night. Analysts had forecast Gilat to earn $0.11 per share on sales of $114.4 million. Gilat actually earned $0.18 per share -- but could muster up only $110.5 million in sales. Continue reading
New rules would enable single-ticket bookings across multiple rail operators throughout Europe Cross-border train journeys through several European countries are the stuff of many a holidaymaker’s dreams. But the reality of trying to buy the tickets, navigating multiple websites without knowing who can help if a connection is missed, can prove less than relaxing. As one MEP puts it, it can often r...
New rules would enable single-ticket bookings across multiple rail operators throughout Europe Cross-border train journeys through several European countries are the stuff of many a holidaymaker’s dreams. But the reality of trying to buy the tickets, navigating multiple websites without knowing who can help if a connection is missed, can prove less than relaxing. As one MEP puts it, it can often require “five tabs, three apps and a prayer”. Continue reading...
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Zoetis Inc (Symbol: ZTS) has taken over the #133 spot from Republic Services Inc (Symbol: RSG), according to ETF Channel. Below is a chart of Zoetis Inc versus Repub
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Zoetis Inc (Symbol: ZTS) has taken over the #133 spot from Republic Services Inc (Symbol: RSG), according to ETF Channel. Below is a chart of Zoetis Inc versus Repub
A study of analyst recommendations at the major brokerages shows that BHP Group Ltd (Symbol: BHP) is the #7 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Global Mini
A study of analyst recommendations at the major brokerages shows that BHP Group Ltd (Symbol: BHP) is the #7 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Global Mini
There's a lot on the minds of Viking Holdings (NYSE: VIK) shareholders heading into this week's financial update. Unlike the more traditional cruise line operators that have already reported this earnings season, Viking dominates the market for river cruises. Viking has experience cruising through the headwinds. It's what Viking -- and the Scandinavian Vikings that inspired the corporate moniker -...
There's a lot on the minds of Viking Holdings (NYSE: VIK) shareholders heading into this week's financial update. Unlike the more traditional cruise line operators that have already reported this earnings season, Viking dominates the market for river cruises. Viking has experience cruising through the headwinds. It's what Viking -- and the Scandinavian Vikings that inspired the corporate moniker -- do. However, this is the first time that the fast-growing cruise line is reporting results since the escalation of the Iran war, the related surge in fuel prices, and the more recent hantavirus scare. Image source: Getty Images. Continue reading
imaginima/E+ via Getty Images The recent spike in energy prices following the Iran situation is likely to be deflationary in the longer term rather than inflationary, according to economist Michael Green. In an interview with CNBC, Green argued that markets are making a mistake by pricing in rate hikes for 2027, pointing to significant measurement issues in how inflation data is calculated and rep...
imaginima/E+ via Getty Images The recent spike in energy prices following the Iran situation is likely to be deflationary in the longer term rather than inflationary, according to economist Michael Green. In an interview with CNBC, Green argued that markets are making a mistake by pricing in rate hikes for 2027, pointing to significant measurement issues in how inflation data is calculated and reported. Green explained that the Consumer Price Index suffers from problematic seasonality introduced during COVID-19 and the Russian invasion of Ukraine, as well as ongoing issues with housing calculations. While market-based measures of rents have turned sharply negative at minus 0.7%, the CPI reported a 3.4% gain in housing prices. “We have very poor information about what’s actually happening in the economy,” Green stated. The economist agreed with President Trump and economic advisor Kevin Hassett that the energy price spike will ultimately prove deflationary. Green noted that approximately 59% of US households cannot afford a thousand-dollar unexpected expense, creating a dramatically different environment than 2021 and 2022, when stimulus payments and reduced spending during lockdowns allowed price increases to pass through to consumers. “Households are being forced to choose between filling the gas tank and filling the pantry, and we’re starting to see that flow through in all sorts of different areas in the economy,” Green explained. This consumer stress is occurring even as sentiment levels and concerns about deteriorating household finances have reached historic highs. Green warned that persistent inflation could force American households into difficult decisions that are hard to reverse, such as consolidating households to reduce rental payments. He attributed much of the inflation stickiness to measurement issues and increased pricing power from monopolization and consolidation in the U.S. economy, rather than genuine underlying price pressures. On the topic of ...
J Studios/DigitalVision via Getty Images Arm Holdings ( ARM ) and its majority owner Softbank Group ( SFTBY ) made an offer to purchase AI computing firm Cerebras Systems ( CBRS ) weeks before its planned initial public offering. UK-based ARM ( ARM ) and Softbank ( SFTBY ) expressed preliminary interest in Cerebras ( CBRS ) but were rebuffed, according to a Bloomberg report on Wednesday, which cit...
J Studios/DigitalVision via Getty Images Arm Holdings ( ARM ) and its majority owner Softbank Group ( SFTBY ) made an offer to purchase AI computing firm Cerebras Systems ( CBRS ) weeks before its planned initial public offering. UK-based ARM ( ARM ) and Softbank ( SFTBY ) expressed preliminary interest in Cerebras ( CBRS ) but were rebuffed, according to a Bloomberg report on Wednesday, which cited people familiar with the matter. SoftBank, Arm and Cerebras declined to comment to Bloomberg. Cerebras ( CBRS ) is set to price its IPO on Wednesday and it could value the company at about $34 billion. Cerebras ( CBRS ) on Monday increased its IPO, seeking to raise as much as $4.8 billion, according to a filing. The AI chipmaker is offering 30 million shares at $150 to $160 each, up from previous 28 million shares at $115 to $125 each. Cerebras filed for its initial public offering last month, after it signed a pair of significant deals with OpenAI ( OPENAI ) and Amazon Web Services ( AMZN ). Cerebras's listing is set to price on Wednesday. More on Cerebras Systems Inc. Wall Street Brunch: IPOs Headline The Week's Show Wall Street Lunch: AI Chipmaker Seeks $3.5B In IPO, Eyes $26.5B Valuation Cerebras: Trying To Disrupt Nvidia's Inference Monopoly Cerebras Systems added as a new long idea ahead of IPO Cerebras to raise IPO price range to $150-$160 as demand surges: report
Getty Images Operational Progress In Q1 Barrick Mining Corporation ( B ) ( ABX:CA ) seems to have satisfied the market with its Q1 2026 results . The earnings day bounce in the stock put it back in the lead for total return among the three biggest North American gold miners since my last article in February . All three outperformed the spot price of gold ( XAUUSD:CUR ), which dropped 5% over that ...
Getty Images Operational Progress In Q1 Barrick Mining Corporation ( B ) ( ABX:CA ) seems to have satisfied the market with its Q1 2026 results . The earnings day bounce in the stock put it back in the lead for total return among the three biggest North American gold miners since my last article in February . All three outperformed the spot price of gold ( XAUUSD:CUR ), which dropped 5% over that period. Seeking Alpha The thesis in my February article was that new management, a production outlook for growth, and the IPO of the lower-risk North American business help Barrick catch up to its peers in valuation, also helped by the strong commodity environment. That seems to be happening as Barrick beat its Q1 guidance for gold production, at 719,000 ounces compared to guidance of 640-680k oz. As noted on the earnings call , North American production was up 10%, Loulo-Gounkoto in Mali was back in business, and Veladero in Argentina also contributed. Higher production along with more efficient operations lowered costs, with all-in sustaining costs for gold of $1,708/oz down 4% from last year. The company is also making progress on safety, with lost-time injuries continuing to trend lower and management doing more safety checks in the field, 75% of which are resolved immediately. Barrick Mining Corp. Full-year production guidance was left unchanged at 2.90-3.25 million ounces of gold and 190-220 thousand tonnes of copper. Management focus for 2026 in North America is on improving processing capacity at the Nevada Gold Mines (NGM) Joint Venture and at Pueblo Viejo in the Dominican Republic, where an expansion completed last year has not yet reached design capacity. Barrick also continues exploration work to better define resources at Fourmile, the promising field adjacent to NGM. Fourmile is currently 100% owned by Barrick, but once feasibility is proven, Barrick would sell a 38.5% stake to Newmont ( NEM ), making it part of the JV. In the rest of the world, Barrick is con...
Morning Brief Host Julie Hyman and Yahoo Finance Head of News Myles Udland sit down to talk about the Financial Times' coverage of Big Tech employees — such as at Amazon (AMZN) — engaging in the latest trend: AI tokenmaxxing, or excessively using AI to inflate AI usage on internal leaderboards.
Morning Brief Host Julie Hyman and Yahoo Finance Head of News Myles Udland sit down to talk about the Financial Times' coverage of Big Tech employees — such as at Amazon (AMZN) — engaging in the latest trend: AI tokenmaxxing, or excessively using AI to inflate AI usage on internal leaderboards.
One of the biggest growth opportunities in history is now upon us. Thanks to rapid advancements in artificial intelligence , autonomous driving is quickly becoming a reality. A growing number of industry experts believe this will be a multitrillion-dollar opportunity. But here's the thing: The first autonomous driving market won't be private cars. Instead, investors should be paying attention to r...
One of the biggest growth opportunities in history is now upon us. Thanks to rapid advancements in artificial intelligence , autonomous driving is quickly becoming a reality. A growing number of industry experts believe this will be a multitrillion-dollar opportunity. But here's the thing: The first autonomous driving market won't be private cars. Instead, investors should be paying attention to robotaxis. And there are two stocks in particular ready to benefit from this nascent market. Image source: Tesla. Continue reading
Palmer Luckey's Anduril Secures $5B At $61B Valuation To Supercharge Killer Drone Production Palmer Luckey's Anduril announced a $5 billion Series H funding round at a $61 billion valuation, led by Thrive Capital and Andreessen Horowitz. This comes as President Trump's 'war economy' and the rise of 'war unicorns' gain momentum. Anduril CEO Brian Schimpf wrote in a statement about the Series H fund...
Palmer Luckey's Anduril Secures $5B At $61B Valuation To Supercharge Killer Drone Production Palmer Luckey's Anduril announced a $5 billion Series H funding round at a $61 billion valuation, led by Thrive Capital and Andreessen Horowitz. This comes as President Trump's 'war economy' and the rise of 'war unicorns' gain momentum. Anduril CEO Brian Schimpf wrote in a statement about the Series H funding round, indicating the " financing reflects that shift, and it gives us the ability to continue investing aggressively in manufacturing capacity, research and development, and the infrastructure required to build and field advanced defense systems at scale ." Luckey's Anduril is a new breed of defense technology company that builds autonomous weapons systems, drones, counter-drone platforms, surveillance networks, and AI-powered command-and-control software for the US military. While most of Silicon Valley has gone soft and signed peace pacts with one another not to dual-use their technology for the military, we have diligently covered rising war unicorns and the Trump administration's push to drive innovation in a space controlled by legacy primes, such as Boeing and Lockheed. Here are Anduril's products: Fury , an autonomous fighter-style aircraft Roadrunner and Anvil , counter-drone interceptors Ghost , a tactical unmanned aircraft Barracuda , a family of autonomous cruise missile-like systems Autonomous undersea vehicles and broader defense networking tools Related: Race To Refill U.S. Weapons Stockpiles Will Supercharge War Economy L3Harris' Missile Business Files To Go Public As Trump's War Economy Prepares For Launch War Economy Returns: From Trucks To Tanks, Pentagon Looks To Automakers To Rebuild America's Arsenal DOGE Team At Pentagon Is Urgently Trying To Overhaul America's Lagging Drone Program And there's this: Ukraine, U.S. Draft Defense Deal To Supercharge America's Kamikaze Drone Production Follow the money: "Serve Your Country": Uncle Sam Seeks Investmen...
APCortizasJr Boston Fed President Susan Collins expects it "will likely be necessary to maintain the current, slightly restrictive monetarypolicy stance for some time," she said Wednesday. "More than five years of above-target inflation has reduced my patience for 'looking through' another supply shock," she said at a Boston Economic Club event. Still, she hopes that policy normalization, that is,...
APCortizasJr Boston Fed President Susan Collins expects it "will likely be necessary to maintain the current, slightly restrictive monetarypolicy stance for some time," she said Wednesday. "More than five years of above-target inflation has reduced my patience for 'looking through' another supply shock," she said at a Boston Economic Club event. Still, she hopes that policy normalization, that is, easing, will resume late this year. However, Collins can also envision a scenario that would require policy tightening to ensure that inflation heads to the central bank's 2% goal. Despite a series of shocks from tariffs and soaring energy prices, the U.S. economy has remained resilient, Collins noted. The labor market has softened, but the unemployment rate remains low by historical standards, she said. Inflation is more of a concern. "Above-target inflation is partly the result of the ongoing effects of tariffs, especially on goods prices. But it also reflects firms’ pricing power given resilient demand and recent productivity gains taking time to lower price pressures," she said. Developing… Check back for updates. More on the US Economy Producer Price Index surges past expectations in April amid Iran war oil shock April CPI report shows inflation 'going the wrong way,' Chicago Fed's Goolsbee says Inflation Spreads Beyond The Energy Sector With No Sign Of A Peak May 2026 Trading Outlook: Fiscal Flows, Oil, Bank Credit, And Fed Interest Rates
mbbirdy/E+ via Getty Images Wall Street’s major market averages were mixed on Wednesday as the wholesale inflation report came in hotter than expected. The blue chip Dow ( DJI ) was -0.45%, the benchmark S&P 500 ( SP500 ) was +0.2%, and the tech focused Nasdaq Composite ( COMP:IND ) was +0.7%. Now, here are four news stories that broke in the morning to watch out for: Wholesale prices surge: The U...
mbbirdy/E+ via Getty Images Wall Street’s major market averages were mixed on Wednesday as the wholesale inflation report came in hotter than expected. The blue chip Dow ( DJI ) was -0.45%, the benchmark S&P 500 ( SP500 ) was +0.2%, and the tech focused Nasdaq Composite ( COMP:IND ) was +0.7%. Now, here are four news stories that broke in the morning to watch out for: Wholesale prices surge: The U.S. Producer Price Index jumped 1.4% month-over-month in April, far exceeding the 0.5% consensus estimate and marking the steepest monthly advance since March 2022. On a year-over-year basis, PPI climbed 6.0%, compared with expectations of 4.8% and March’s revised 4.3% reading. Core PPI, excluding food and energy, rose 1.0% month-over-month against a 0.3% forecast. Nearly 60% of the increase in final demand prices came from a 1.2% advance in services, with trade services up 2.7%. Gasoline prices surged 15.6% during the month. Medicare enrollment moratorium: The U.S. is set to temporarily block new home health and hospice providers from enrolling in Medicare on Wednesday as part of a crackdown on fraudulent activities linked to the government healthcare program. The nationwide moratorium, announced by Vice President JD Vance’s anti-fraud task force, will give the Centers for Medicare & Medicaid Services time to account for hospice and home health expenditures and provide additional guidance. Anthropic ( ANTHRO ) revenue nears $50 billion: AI startup Anthropic is on track to hit a $50 billion revenue run-rate by the end of June, according to internal figures shared with investors and reported by The Wall Street Journal. The milestone follows a rapid acceleration from $30 billion in April and approximately $9 billion at the end of last year, driven by surging demand for its Claude AI models. Nebius ( NBIS ) revenue skyrockets: Nebius shares surged more than 12% in premarket trading after the neocloud company reported a near sevenfold jump in quarterly revenue on surging artifi...
Switzerland said its nuclear power plants in Goesgen and Leibstadt can profitably run for as long as 80 years, two decades beyond previous projections. “The investments required for technical upgrades to ensure the long-term operation are likely to be economically viable, based on realistic assumptions regarding electricity price trends and costs,” government officials said in a statement on Wedne...
Switzerland said its nuclear power plants in Goesgen and Leibstadt can profitably run for as long as 80 years, two decades beyond previous projections. “The investments required for technical upgrades to ensure the long-term operation are likely to be economically viable, based on realistic assumptions regarding electricity price trends and costs,” government officials said in a statement on Wednesday. The two plants were opened in 1979 and 1984, respectively. The findings come in a government report , which said the operation of existing nuclear plants, alongside the expansion of renewable energy, can reduce Switzerland’s import dependency during winter and improve security of supply. The report didn’t cover the country’s third nuclear site at Beznau, where two reactors are due to be shut down by 2033. The country decided in 2023 to keep on using nuclear power longer than originally planned and last year presented draft legislation to end its ban on building new reactors, reversing a policy adopted in 2018 to phase out the technology. The ban was triggered by the Fukushima disaster in 2011, but such safety concerns have recently been overshadowed by Switzerland’s need to cut emissions while stabilizing the grid, as well as its ability to secure enough energy supply in the wake of Russia’s invasion of Ukraine.