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What Amazon Needs To Break Out
Seeking Alpha· 2025-07-04 07:38
Amazon.com (NASDAQ: AMZN ) has a love for round figures. After stabilizing through the pandemic, Amazon traded between $150 to $200 till 2022, fluctuating between the support and resistance. Through the rate cut pressures of 2022-23, the trading range became $100 to $150. Almost a buy around $100 and exit around $150I am a stock analyst with over 20 years of experience in quantitative research, financial modeling, and risk management. My focus is on equity valuation, market trends, and portfolio optimizatio ...
Air France-KLM initiates proceedings to take a majority stake in SAS
Globenewswire· 2025-07-04 05:00
Core Viewpoint - Air France-KLM is initiating proceedings to acquire a majority stake in SAS, increasing its current stake from 19.9% to 60.5% through the acquisition of shares held by Castlelake and Lind Invest, while the Danish State will retain a 26.4% stake [2][3][10]. Group 1: Acquisition Details - The acquisition will allow Air France-KLM to control SAS, making it a subsidiary and enabling full integration across various business areas, including loyalty programs [5]. - The transaction's value will be determined at closing based on SAS's latest financial performance, including EBITDA and Net Debt [3]. - The ambition is to close the transaction in the second half of 2026, subject to regulatory clearances and satisfaction of all conditions [4][10]. Group 2: Strategic Rationale - Air France-KLM's interest in this acquisition is driven by SAS's significant improvement in financial and operational performance, as well as the success of their current commercial cooperation [6]. - The acquisition reflects the successful turnaround of SAS and aims to unlock synergy potential, confirming Air France-KLM's expansion in the Scandinavian market [10]. Group 3: SAS Overview - As of June 2025, SAS operates 138 aircraft, serves over 130 destinations, and carried more than 25 million passengers in 2024 [11]. - SAS generated revenue of €4.1 billion in the full year 2024 and has over 8 million Eurobonus members [11]. - The current shareholding structure of SAS includes Castlelake (32.0%), Danish State (26.4%), Air France-KLM (19.9%), Lind Invest (8.6%), and others (13.1%) [11].
X @Lookonchain
Lookonchain· 2025-07-04 02:40
What's going on with gambler @qwatio recently?After being liquidated 10 times, he continued to short $BTC and once again opened a short of 21 $BTC($2.3M) at a low price($109,135).Short the lows. Get liquidated. Repeat.https://t.co/gEEohT6N76 https://t.co/NuwGJ0e9fGLookonchain (@lookonchain):Gambler @qwatio caught in a savage liquidation storm!He was liquidated 8 times in 5 hours, with a total of 1,177 $BTC($128.3M) and 34,466 $ETH($86.82M) liquidated.The loss exceeded $15M in just 10 days!https://t.co/qQ7IO ...
X @Bloomberg
Bloomberg· 2025-07-03 23:15
The latest edition of Pointed, Bloomberg’s weekly news quiz, is now live:• Wager your points on categories you *think* you know• Leverage your bets on questions you *know* you know• Don't forget to answer wiselyPlay now and share your results https://t.co/mtvjmSBpIL ...
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages PepGen Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PEPG
GlobeNewswire News Room· 2025-07-03 22:10
Core Viewpoint - Rosen Law Firm is reminding investors who purchased PepGen Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on August 8, 2025, for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who bought PepGen securities between March 7, 2024, and March 3, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by the deadline [2]. - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3]. Group 2: Case Allegations - The lawsuit alleges that PepGen made false and misleading statements regarding the effectiveness and safety of PGN-EDO51, as well as the CONNECT2 study's suitability for FDA approval [4]. - It is claimed that due to these misrepresentations, PepGen was likely to halt the CONNECT2 study, leading to overstated clinical, regulatory, and commercial prospects for PGN-ED051 [4]. - The lawsuit asserts that when the true information became public, investors suffered damages as a result of the misleading statements [4]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong reputation in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [3]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [3]. - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in litigation [3].
Opus Genetics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Globenewswire· 2025-07-03 20:30
Core Insights - Opus Genetics, Inc. is a clinical-stage biopharmaceutical company focused on developing gene therapies for inherited retinal diseases and small molecule therapies for other ophthalmic disorders [1][3] - The company granted equity awards to two new non-executive employees as an inducement for employment, consisting of stock options and restricted stock units (RSUs) [1][2] Equity Awards Details - The equity awards include stock options for 240,000 shares and 150,000 RSUs, with the stock options having an exercise price of $0.94, equal to the closing price on the grant date [2] - Stock options vest over four years, with 25% vesting on the one-year anniversary and the remaining 75% vesting quarterly thereafter; RSUs vest in four equal installments on each anniversary of the grant date [2] Company Pipeline - Opus Genetics is developing AAV-based gene therapies targeting inherited retinal diseases such as Leber congenital amaurosis (LCA), bestrophinopathy, and retinitis pigmentosa [3] - The lead candidate, OPGx-LCA5, is in a Phase 1/2 trial for LCA5-related mutations and has shown promising early results [3] - Additional programs include OPGx-BEST1 for BEST1-related retinal degeneration and a Phase 3-ready small molecule therapy for diabetic retinopathy, developed under a Special Protocol Assessment with the FDA [3] - The company is also advancing Phentolamine Ophthalmic Solution 0.75%, which is approved for one indication and is being studied in two Phase 3 programs for presbyopia and dim light vision disturbances [3]
X @The Economist
The Economist· 2025-07-03 19:40
“Individually wrapped Japanese strawberries sell for $19 each.” On “The Intelligence”, @hollieberman explains the fashion for fancy fruit https://t.co/OD2hp6aaPt https://t.co/KPma2Vn97n ...