Zinger Key Point:MTX240's mechanistic novelty may give it a long-awaited edge in treatments for gastrointestinal stromal tumors (GIST)Biodexa Pharmaceuticals PLC (NASDAQ:BDRX) , a clinical-stage biopharmaceutical company developing a pipeline of innovative products for the treatment of rare diseases with an increasing focus on products to treat or prevent gastrointestinal cancers, has added a new phase 1-ready candidate to its portfolio, this time to target gastrointestinal stromal tumors, or GIST. MTX240's ...

The U.S. State Department is reportedly developing an online portal to provide access to content banned by European and other governments.The portal aims to bypass censorship by granting access to restricted content, including purported hate speech and terrorist propaganda. The site, set to launch at “freedom.gov,” is led by Undersecretary for Public Diplomacy Sarah Rogers, Reuters reported on Thursday.Officials had explored adding a virtual private network (VPN) feature to make users' traffic appear as if ...

Core Viewpoint - The health care sector has several oversold stocks that present potential buying opportunities for undervalued companies [1]. Group 1: Oversold Stocks - The Relative Strength Index (RSI) is a momentum indicator that helps traders assess stock performance, with an RSI below 30 indicating that a stock is typically considered oversold [1]. - A list of major oversold stocks in the health care sector includes companies with an RSI near or below 30 [2]. Group 2: Company Specifics - Schrodinger Inc (NASDAQ:SDGR) has an RSI value of 29.9, with its stock price falling approximately 28% over the past month, reaching a 52-week low of $11.15 [3]. - On February 18, Schrodinger reported inducement grants under Nasdaq Listing Rule 5635(c)(4) [3]. - Schrodinger's shares rose by 1.6% to close at $11.81 on Wednesday, with an Edge Stock Rating momentum score of 2.78 [3].

The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.Here's the latest list of major oversold players ...

Core Insights - The anticipated copper supply crunch is more related to downstream smelting and refining capacity rather than raw copper supply from mines [1][4] - The U.S. can meet 146% of its domestic copper demand through a combination of mine output, scrap, and overseas supply, contrasting with China's reliance on imports for 60% of its copper needs [2] - Rising copper prices, which have increased approximately 40% since October, are driven by supply disruptions and strong future demand linked to electrification and clean-energy technologies [3][5] Industry Analysis - Expanding refining and scrap-processing capacity is deemed more effective for improving supply security than acquiring new mines abroad, challenging current policy efforts focused on upstream supply [4] - The rising price of copper is becoming a significant profit driver for diversified mining companies, especially as iron-ore markets weaken [5]

Core Insights - The Federal Communications Commission (FCC) has granted Tesla Inc. a waiver to use Ultra Wideband (UWB) technology for wireless EV charging on the upcoming Cybercab [1][2]. Group 1: FCC Waiver Details - The FCC's waiver allows Tesla to bypass certain guidelines that typically restrict UWB devices, specifically sections 15.519(a) and 15.519(a)(2) [2][3]. - The FCC determined that Tesla's technology operates for a short duration and is low in power, ensuring it will not interfere with other systems [3][4]. Group 2: Wireless Charging Mechanism - Tesla's wireless charging system will utilize an induction charging method via a floor-mounted charging pad, similar to a wireless phone charger [5]. - UWB radios will assist in determining the vehicle's position, ensuring correct placement on the charging pad for effective power transfer [6]. Group 3: Cybercab Production and FSD Milestone - Tesla has introduced a production-ready version of the Cybercab, priced at $30,000, with production ramp-up targeted for April [7]. - The Supervised Full Self-Driving (FSD) system has accumulated over 8.2 billion miles, with more than 3 billion miles driven in urban conditions [7]. Group 4: Market Performance - Tesla's stock (TSLA) saw a slight increase of 0.17% to $411.32 at market close, followed by a further rise of 0.10% to $411.72 in overnight trading [8].

Market Overview - U.S. stock futures declined on Thursday after a higher close on Wednesday, with all major benchmark indices showing lower futures [1] - The Federal Reserve's January meeting minutes revealed significant disagreements among officials regarding future interest rates, with some discussing potential rate increases to address persistent inflation [1] - Market participants are still anticipating two rate reductions by the end of the year, with a 94% likelihood of the Federal Reserve maintaining current interest rates in March according to CME Group's FedWatch tool [2] Index Performance - Dow Jones decreased by 0.12% - S&P 500 fell by 0.08% - Nasdaq 100 dropped by 0.08% - Russell 2000 declined by 0.24% [2] Stocks in Focus - DoorDash (DASH) is experiencing a weaker price trend across all time frames, despite a solid growth ranking [2] - eBay (EBAY) shows a stronger price trend in the short and medium terms but a weak long-term trend, with a moderate quality ranking [3] - Lockheed Martin (LMT) maintains a stronger price trend across all time frames but has a poor value ranking [4] - Interactive Strength Inc. (TRNR) gained 12.47% after announcing an acquisition of Ergatta, Inc., although it maintains a weaker price trend overall [6] - Walmart Inc. (WMT) fell by 1.50% as analysts expect quarterly earnings of 73 cents per share on revenue of $190.43 billion, while it maintains a strong price trend across all time frames [6] Sector Insights - Consumer discretionary, energy, and information technology sectors led the S&P 500's gains on Wednesday, while real estate and utilities sectors declined [7] Analyst Insights - Jeremy Siegel has a positive outlook on the U.S. economy, suggesting recent data supports the expansion of the bull market rather than its derailment [8] - He notes a "sweet spot" in the labor market with resilient jobless claims and a near-2% annual gain in weekly pay, improving consumer purchasing power [9] - Siegel argues that cooling inflation and rising real income provide the Federal Reserve with room to lower interest rates further [9] - He views market volatility due to "AI-driven disruption fears" as a typical reaction to technological changes, which he believes will ultimately enhance productivity and real incomes [10] - Siegel sees valuation support in the ongoing healthy market rotation towards non-tech sectors trading at reasonable multiples [10]

Market Overview - U.S. stock futures declined on Thursday after a higher close on Wednesday, with all major benchmark indices showing lower futures [1] - Traders are analyzing the Federal Reserve's January meeting minutes, revealing significant disagreements among officials regarding future interest rates [1] - Despite discussions of potential rate increases to combat inflation, market participants expect two rate reductions by year-end [1][2] Economic Indicators - The 10-year Treasury bond yielded 4.10%, while the two-year bond was at 3.47% [2] - The CME Group's FedWatch tool indicates a 94% likelihood of the Federal Reserve maintaining current interest rates in March [2] Stock Performance - Dow Jones decreased by 0.12%, S&P 500 by 0.08%, Nasdaq 100 by 0.08%, and Russell 2000 by 0.24% [2] - DoorDash (DASH) shows a weaker price trend across all time frames despite a solid growth ranking [2] - eBay (EBAY) has a stronger price trend in the short and medium terms but a weak long-term trend with a moderate quality ranking [3] - Lockheed Martin (LMT) maintains a strong price trend across all time frames but has a poor value ranking [4] - Interactive Strength Inc. (TRNR) gained 12.47% after acquiring Ergatta, Inc., but maintains a weaker price trend overall [6] - Walmart (WMT) fell by 1.50% as analysts anticipate quarterly earnings of 73 cents per share on revenue of $190.43 billion [6] Sector Insights - Consumer discretionary, energy, and information technology stocks led gains in the S&P 500 on Wednesday, while real estate and utilities sectors declined [7] Analyst Insights - Jeremy Siegel expresses a positive outlook on the U.S. economy, suggesting recent data supports a bull market expansion rather than a derailment [8] - He identifies a "sweet spot" in the labor market, with jobless claims indicating resilience and a near-2% annual gain in weekly pay improving consumer purchasing power [8][9] - Siegel argues that cooling inflation and rising real income provide the Federal Reserve with room to lower interest rates [9] - He views market volatility due to "AI-driven disruption fears" as a typical reaction to technological changes, which he believes will ultimately enhance productivity and real incomes [9][10] - Siegel sees valuation support in the ongoing healthy market rotation towards non-tech sectors trading at reasonable multiples [10]

Shares of Etsy Inc (NYSE:ETSY) rose sharply in pre-market trading after the company entered into an agreement to sell Depop.Etsy and eBay (NASDAQ:EBAY) have entered into a definitive agreement under which eBay will acquire Etsy's fashion marketplace Depop for approximately $1.2 billion in cash.Etsy shares jumped 15.5% to $50.86 in the pre-market trading session.Here are some other stocks moving in pre-market trading.GainersLosersPhoto via Shutterstock ...

Coinbase Global Inc. (NASDAQ:COIN)  CEO Brian Armstrong downplayed concerns on Wednesday that quantum computing could crack the encryption of blockchains in the future.Coinbase ‘Front-Footed’ On Quantum Risks, Says ArmstrongDuring an interview with CNBC, Armstrong said that quantum computing is a very “solvable” issue and that Coinbase is already “front-footed” in addressing it.“We’re in regular contact with the major blockchains about a path to upgrade to a post-quantum cryptography world,” the cryptocurre ...