SAN DIEGO, June 03, 2025 (GLOBE NEWSWIRE) -- Connect Biopharma Holdings Limited (Nasdaq: CNTB) (“Connect Biopharma” or the “Company”), a clinical-stage biopharmaceutical company focused on transforming acute and chronic care of asthma and chronic obstructive pulmonary disease (COPD), today announced two oral presentations at the European Academy of Allergy and Clinical Immunology (EAACI) 2025 Annual Congress, taking place June 13-16, 2025, in Glasgow, United Kingdom and virtually. The presentation details a ...

Core Insights - The article discusses the concept of "Vibe Coding," which allows individuals to create applications quickly using AI tools like Cursor and ChatGPT, even without programming knowledge [1] - It highlights the security vulnerabilities that can arise from this rapid development approach, illustrated by the experience of developer Harley Kimball, who faced two security breaches shortly after launching his application [1][10] Group 1: Vibe Coding and Application Development - "Vibe Coding" enables users to express ideas and have AI generate code, attracting many developers to experiment with this method [1] - Harley Kimball developed an application that aggregates public profiles of security researchers from various platforms, aiming to create a "directory" for the bug bounty community [2] Group 2: Security Vulnerabilities Encountered - The first security breach involved the exposure of user email addresses due to improper data handling, which led to unauthorized access to the database [5][6] - The second breach occurred because the backend authentication service remained active, allowing attackers to register accounts and manipulate data despite the absence of a front-end registration option [8][9] Group 3: Lessons Learned - The experience underscores the importance of not neglecting security configurations when using low-code or AI tools for development, as rapid deployment can lead to significant vulnerabilities [10] - Developers must understand the complexities of permission models in tools like Supabase and PostgreSQL, particularly regarding database views and row-level security [10][11] - It is crucial to fully disable registration features in the backend if not in use, as merely hiding them in the front end is insufficient to prevent unauthorized access [11]

Economic Cycle Overview - The current economic cycle is influenced by rising bond yields and higher interest rates, leading to a shift in spending and restocking as inflation declines [2][3] - The decline in inflation is expected to facilitate inventory acquisition for businesses when interest rates decrease [2] Company Insights: 3M - 3M stock is forecasted to have a 12-month price target of $153.46, indicating a potential upside of 4.85% from the current price of $146.36 [4] - UBS Asset Management increased its holdings in 3M by 10.9%, valuing their stake at approximately $616.6 million [5] - J.P. Morgan analyst Stephen Tusa has set a new valuation target for 3M at $167 per share, suggesting a 12.7% upside from the current trading price [7] Company Insights: Cleveland-Cliffs - Cleveland-Cliffs has a 12-month stock price forecast of $12.74, representing a significant upside of 76.54% from the current price of $7.22 [9] - The stock trades at 31% of its 52-week high, indicating that most bearish scenarios are already priced in [9][10] - A decline in short interest by 4.9% suggests that bearish sentiment is waning, favoring buyers [11] Company Insights: Dow Inc. - Dow Inc. has a 12-month stock price forecast of $38.86, indicating a potential upside of 42.85% from the current price of $27.20 [13] - The stock trades at 48% of its 52-week high, suggesting limited downside risk [13] - Institutional buying has been strong, with $785 million in purchases in the current quarter, building on $1.3 billion from the previous quarter [14]

Financial Results - Dollar General Corporation is set to release its first-quarter financial results on June 3, with expected earnings of $1.49 per share, a decrease from $1.65 per share in the same period last year [1] - The company anticipates quarterly revenue of $10.29 billion, up from $9.91 billion a year earlier [1] - Dollar General has exceeded analyst revenue estimates for two consecutive quarters and five out of the last six quarters [1] Stock Performance - Dollar General shares experienced a slight decline of 0.1%, closing at $97.17 on Monday [2] Analyst Ratings - UBS analyst Michael Lasser maintained a Buy rating and raised the price target from $95 to $120 [9] - Telsey Advisory Group analyst Joseph Feldman maintained a Market Perform rating and increased the price target from $85 to $100 [9] - B of A Securities analyst Robert Ohmes maintained a Buy rating and raised the price target from $100 to $115 [9] - Goldman Sachs analyst Kate McShane maintained a Buy rating and increased the price target from $85 to $96 [9] - Morgan Stanley analyst Simeon Gutman maintained an Equal-Weight rating and raised the price target from $80 to $85 [9]

China, first of all, is not a threat to the United States security. Big oceans, big nuclear deterrent and so forth. Second, we don't have to be in China's face.What do I mean by that. We don't have to provoke World War II over Taiwan. That's a long complicated issue, but this would be the stupidest thing for my grandchildren to die for.We have three agreements with China that say we're going to stay out of that and we should and then China would have no reason for war either. ...

Core Insights - Oxbridge Re Holdings Limited, along with its subsidiary SurancePlus, is focused on the tokenization of Real-World Assets (RWAs), specifically in the area of tokenized reinsurance securities and providing reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States [1][6][7] - The company is participating in Money20/20 Europe 2025, a significant event in the blockchain and digital assets space, which will take place from June 3-5, 2025, in Amsterdam [1][2] - Oxbridge aims to democratize access to high-yield institutional-grade reinsurance investment opportunities through discussions with existing and new partners during the event [3][4] Company Overview - Oxbridge Re Holdings Limited is headquartered in the Cayman Islands and operates through subsidiaries including SurancePlus Inc., Oxbridge Re NS, and Oxbridge Reinsurance Limited [6] - The company offers tokenized RWAs as tokenized reinsurance securities and provides reinsurance business solutions to property and casualty insurers [6][8] - SurancePlus has developed the first "on-chain" reinsurance RWA sponsored by a publicly traded company, allowing for digitized interests in reinsurance contracts [8] Investment Opportunities - The company is promoting two specific tokenized reinsurance offerings: EtaCat Re, which targets a 20% annual return, and ZetaCat Re, which targets a 42% annual return [9]

BOCA RATON, FL, June 02, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company” or “DeFi Dev Corp.”), the first US public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced an LOI with Kamino Finance, the largest Solana DeFi lending protocol with more than $4B in deposited assets. As part of the collaboration, Kamino intends to integrate dfdvSOL, an LST built by Sanctum, into its suite of capital-efficient DeFi products. The partnership w ...

VANCOUVER, BC, June 02, 2025 (GLOBE NEWSWIRE) -- Eat & Beyond Global Holdings Inc. (CSE: EATS) (OTCPK: EATBF) (FSE: 988) (“Eat & Beyond” or the “Company”), is pleased to announce that it is proposing a name change and an expansion of its Investment Policy to reflect a change in strategic focus. Proposed Name Change Subject to shareholder approval, the Company intends to change its name from “Eat & Beyond Global Holdings Inc.” to “Digital Asset Technologies Inc.”. The proposed name change is intended to repr ...

Core Insights - Southwest Airlines and China Airlines are forming an interline partnership to enhance trans-Pacific travel options, marking the first such collaboration for Southwest Airlines [1][2] - The partnership aims to provide seamless travel experiences for customers, allowing them to book itineraries under one ticket and improve connectivity between the U.S. and Asia [2] Company Overview - Southwest Airlines operates one of the most admired airlines globally, serving 117 airports across 11 countries and carrying more domestic passengers than any other airline in the U.S. [5][6] - China Airlines, founded in 1959, employs over 10,000 people and operates a fleet of 111 aircraft, aiming to be a leading airline in the Asia-Pacific region [3][4] Strategic Goals - The partnership aligns with Southwest's vision to expand its network and provide more choices for customers, particularly in California, where it has a significant presence [2] - China Airlines is focused on growing its long-haul network and enhancing gateway operations in key U.S. cities, including Los Angeles and San Francisco [2] Recent Developments - Southwest Airlines recently launched a partnership with Icelandair, further expanding its international connectivity [2] - The announcement of the partnership with China Airlines was made during the IATA 2025 Annual General Meeting in New Delhi, indicating a strategic move to attract global partnerships [1][2]

Core Viewpoint - Tata Group's Air India is negotiating a significant new aircraft order, potentially including around 200 additional single-aisle planes, as part of a multi-billion-dollar modernization effort following a record order in 2023 [1][5][6] Group 1: Aircraft Orders - Air India previously placed a record order for 470 planes from both Boeing and Airbus in 2023, along with an additional 100 Airbus jets the previous year [5][9] - The ongoing discussions may involve hundreds of aircraft across various sizes, expanding on earlier talks for large wide-body aircraft [1][6] Group 2: Market Context - The global aviation market is experiencing rapid growth, with India's aviation sector expanding at approximately 7% annually, although infrastructure challenges persist [8] - The International Air Transport Association indicated that Indian airlines are expected to show continued growth, despite facing high fuel costs and taxes [8] Group 3: Competitive Landscape - Boeing is reportedly in a strong position to sell more of its 777X jets in the ongoing negotiations [2] - Air India's modernization plan aims to regain market share lost to competitors, particularly in light of the successful strategies employed by India's largest carrier, IndiGo [6][7]