FDA Greenlights Novartis' Gene Replacement Treatment for SMA
ZACKS· 2025-11-25 20:00
Key Takeaways NVS gained FDA approval for Itvisma, a gene replacement therapy for a broad SMA population.The therapy delivers a functional SMN1 gene in a single fixed dose to improve motor function.Phase III studies showed significant motor gains, stable abilities, and consistent safety through 52 weeks.Novartis (NVS) obtained FDA approval for onasemnogene abeparvovec-brve, a gene replacement therapy, for children two years and older, teens, and adults with spinal muscular atrophy (SMA).The therapy was appr ...
Simulations Plus, Inc. (NASDAQ:SLP) Quarterly Earnings Preview
Financial Modeling Prep· 2025-11-25 20:00
Wall Street anticipates an EPS of $0.10 and revenue of $17.4 million for Simulations Plus, Inc. (NASDAQ:SLP).SLP's low debt-to-equity ratio of 0.006 and a current ratio of 5.11 indicate strong financial stability ahead of the earnings report.Simulations Plus, Inc. (NASDAQ:SLP) is a company that develops software for pharmaceutical research. It is set to release its quarterly earnings on December 1, 2025. Wall Street analysts predict an earnings per share (EPS) of $0.10 and revenue of approximately $17.4 mil ...
Warner Music signs deal with AI music startup Suno, settles lawsuit
TechCrunch· 2025-11-25 19:57
Core Insights - Warner Music Group (WMG) has settled its copyright lawsuit against AI music startup Suno, aiming to enhance music creation and protect artists [1][4] - WMG has sold its live music platform Songkick to Suno, which will continue to operate as a fan destination [1][2] - WMG's artists will retain control over the use of their names and likenesses in AI-generated music [3] Group 1: Settlement and Partnership - The deal with Suno is seen as a significant victory for the creative community, allowing for new revenue models and fan experiences [4] - WMG's settlements with both Suno and Udio indicate a shift in the music industry's stance towards AI technology [5] Group 2: Future Developments - Suno plans to launch advanced and licensed models next year, with changes to its service structure, including a paid account requirement for audio downloads [2] - WMG's recent settlements may influence Universal Music Group and Sony Music Entertainment, which are reportedly in talks to license their work to similar AI startups [5] Group 3: Investment Confidence - Suno raised $250 million in a Series C funding round, achieving a post-money valuation of $2.45 billion, indicating strong investor confidence in AI music technology [6]
Columbia Global Technology Growth Fund Celebrates 25-Year Anniversary
Businesswire· 2025-11-25 19:55
Nov 25, 2025 2:55 PM Eastern Standard Time Columbia Global Technology Growth Fund Celebrates 25-Year Anniversary Share Fund's long-term performance earns four-star Overall Morningstar Rating; strategy continues to deliver strong returns through global innovation BOSTON--(BUSINESS WIRE)--Columbia Threadneedle Investments today announced that the Columbia Global Technology Growth Fund (CTCAX) is celebrating its 25-year anniversary. Since its inception in November 2000, the fund has delivered consistent long-t ...
STUB Investors Have Opportunity to Lead StubHub Holdings, Inc. Securities Fraud Lawsuit with the Schall Law Firm
Businesswire· 2025-11-25 19:55
STUB Investors Have Opportunity to Lead StubHub Holdings, Inc. Securities Fraud Lawsuit with the Schall Law Firm Share LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against StubHub Holdings, Inc. ("StubHub†or "the Company†) (NYSE: STUB) for violations of the federal securities laws. Investors who purchased the Company's securities pursuant and/or traceable to its initial public offering ("IPO†) conducted o ...
Tantalus Systems Holding Inc. (GRID:CA) Discusses Q3 Results With Record Recurring Revenue and Margin Growth Transcript
Seeking Alpha· 2025-11-25 19:53
Core Insights - The company reported a significant increase in revenue driven by higher sales volumes to existing customers and the onboarding of new utility customers, with recurring revenue in Q3 reaching $3.4 million, accounting for 24% of total revenue for the quarter [1] - Annual recurring revenue grew over 11% year-over-year, now totaling $13.5 million, marking a record high for the company [1] Financial Performance - The company achieved a gross profit margin of 55% for the quarter, with improvements in the Connected Devices segment due to lower provisions for customer accommodations, warranty, and inventory obsolescence compared to the previous year [2] - The gross profit margin in the Connected Devices segment was affected by tariff-related expenses, with the company absorbing 5% of these charges in collaboration with customers [2] - The Software and Services segment reported a gross profit margin of 74%, unaffected by tariffs, although a slight decline was noted due to increased revenues from installation services during the quarter [2] Net Income - The company generated a net income of $384,000 for the period, reflecting an improvement compared to the previous year [3]
Prospects For The Brinks Company: Unlikely To Surge Anytime Soon
Seeking Alpha· 2025-11-25 19:49
Core Insights - The Hecht Commodity Report is recognized as one of the most comprehensive commodities reports available, covering market movements of over 29 different commodities and providing various trading recommendations [1][2]. Group 1: Report Overview - The report includes bullish, bearish, and neutral calls, along with directional trading recommendations and actionable ideas for traders and investors [1][2]. Group 2: Author Background - Andrew Hecht, a veteran with 35 years of experience on Wall Street, specializes in commodities and precious metals, and manages The Hecht Commodity Report [2].
Retail Sales Up 0.2% in September, Lower Than Expected
Etftrends· 2025-11-25 19:46
Core Insights - The Census Bureau's Advance Retail Sales Report for September indicates that consumer spending was lower than expected, with a 0.2% increase in headline sales compared to the anticipated 0.4% growth [1] - Total retail and food services sales for September 2025 reached $733.3 billion, marking a 4.3% increase from September 2024 [1] - Core retail sales, excluding automobiles, rose by 0.3% in September, down from 0.6% in August, and are up 4.1% year-over-year [4] Retail Sales Performance - Retail trade sales increased by 0.1% from August 2025 and 3.9% from the previous year, with nonstore retailers seeing a 6.0% increase and food service establishments up 6.7% year-over-year [2] - Monthly retail sales have shown consistent growth since March 2021, reflecting pent-up consumer demand post-pandemic, with a year-over-year increase of 4.3% [3] Control Purchases Analysis - Retail sales control purchases, which provide a more stable view of the economy, fell by 0.1% in September, contrasting with the expected 0.3% growth [5] - Year-over-year, control purchases are up 4.2%, indicating a steady trend despite the recent monthly decline [6] Market Implications - The retail sales data is likely to influence interest in various retail-focused ETFs, including SPDR S&P Retail ETF (XRT) and VanEck Retail ETF (RTH) [8]
VIDEO: ETF of the Week: XLU
Etftrends· 2025-11-25 19:46
Core Insights - The discussion focused on the Utilities Select Sector SPDR Fund (XLU) and its performance in the current market environment [1] Group 1: Fund Performance - The Utilities Select Sector SPDR Fund (XLU) has shown resilience amid market volatility, appealing to investors seeking stability [1] - The fund's recent performance metrics indicate a strong return compared to broader market indices, highlighting its defensive characteristics [1] Group 2: Market Trends - The podcast highlighted ongoing trends in the utilities sector, including increased demand for renewable energy sources and regulatory changes impacting utility companies [1] - Analysts noted that the utilities sector is often viewed as a safe haven during economic downturns, which may drive further investment into funds like XLU [1]
Why Bloom Energy Stock Sank Today
The Motley Fool· 2025-11-25 19:45
Bloom Energy stock costs a lot today. Is it worth it?Bloom Energy (BE 1.48%) stock won a price target hike from Bank of America Securities this morning, with analyst Dimple Gosai raising her target price on the hydrogen fuel cell company by 50%, to $39 per share.That news isn't quite as good as it sounds, however, as Gosai left her "underperform" rating on Bloom stock unchanged. As a result, Bloom stock is down 3.1% through 2:30 p.m. ET. What Bank of America says about Bloom Energy stockIn today's note, Gos ...