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Entero Therapeutics, Inc., Launches Grid AI Corp to Redefine How AI Infrastructure Connects to the Power Grid
Accessnewswire· 2025-10-16 12:40
Core Insights - Entero Therapeutics, Inc. has launched Grid AI Corp. to innovate the connection between artificial intelligence infrastructure and the power grid [1] - The company highlights that the rapid growth of artificial intelligence is leading to the fastest infrastructure development in modern history, with power supply becoming a critical bottleneck [1] Company Developments - The establishment of Grid AI Corp. signifies Entero Therapeutics' commitment to redefining AI infrastructure [1] - The focus on AI-driven energy infrastructure indicates a strategic move to address emerging challenges in power supply related to AI advancements [1] Industry Trends - The rise of artificial intelligence is creating unprecedented demands on infrastructure, particularly in the energy sector [1] - The current landscape suggests that power supply issues may hinder further advancements in AI technology and its applications [1]
Trade War or Not, Specific Industry ETFs Are in Sweet Spots
ZACKS· 2025-10-16 11:56
Core Viewpoint - U.S.-China trade tensions are escalating, with Trump announcing a 100% tariff on Chinese goods in response to China's export controls on rare earth minerals, leading to market volatility and a Wall Street crash [1][2] Market Reactions - Initial market optimism was observed after Trump hinted at easing tensions, but this was quickly undermined by China's sanctions on U.S. shipping companies and Trump's warnings of further trade restrictions [2] - Market volatility is evident, with the Barclays iPath Series B S&P 500 VIX gaining 5.9% over the past month and 10.9% over the past week, while the SPDR S&P 500 ETF Trust lost 1.24% in the same timeframe [3] Investment Opportunities Amid Tensions - Despite rising trade tensions, certain sectors remain stable due to their inherent fundamentals [4] Strong ETF Areas - **Marijuana**: AdvisorShares Pure US Cannabis ETF (MSOS) is up 5.8% on October 15, 2025, driven by renewed legalization hopes [5] - **Silver Miners**: Amplify Junior Silver Miners ETF (SILJ) is up 5.3% on October 15, 2025, with silver prices gaining 79.5% this year due to safe-haven appeal and industrial demand [6] - **Gold Miners**: Sprott Junior Gold Miners ETF (SGDJ) is up 4.9% on October 15, 2025, as gold prices have increased over 57% this year amid geopolitical risks and Fed rate cuts [7] - **Biotech**: Virtus LifeSci Biotech Clinical Trials ETF (BBC) is up 4.9% on October 15, 2025, benefiting from medical innovation and favorable drug-pricing deals [8] - **Artificial Intelligence**: Themes Generative Artificial Intelligence ETF (WISE) is up 5.0% on October 15, 2025, supported by massive investments in AI technology [9] - **Clean Energy**: ProShares S&P Kensho Cleantech ETF (CTEX) is up 5.7% on October 15, 2025, with a 134% gain over the past six months due to easing policy concerns and rising demand [10]
2 Overlooked Stocks to Snap Up in 2025
Yahoo Finance· 2025-10-16 11:30
Core Insights - Ardelyx has increased its 2025 IBSRELA sales projection to $250 million to $260 million, indicating management's confidence in the product's long-term prospects [1] - The company reported total revenue of $97.7 million in the second quarter, reflecting a 33% year-on-year increase, driven by its two primary medications, IBSRELA and XPHOZAH [2] - Ardelyx is transitioning from a clinical-stage biotech to a commercial-stage growth story, with double-digit revenue growth and rising margins [6] Financial Performance - IBSRELA generated $65 million in net sales in the second quarter, marking an 84% year-on-year increase, attributed to record-high prescriptions and increased prescriber adoption [2] - XPHOZAH achieved net sales of $25 million in the second quarter, gaining traction among nephrologists [1] - The company reported a net loss of $19.1 million for the quarter, with a cash balance of $238.5 million, providing flexibility for pipeline development [5] Market Position - Ardelyx is valued at $1.17 billion and focuses on developing drugs that primarily target the gastrointestinal tract [3] - Wall Street analysts rate Ardelyx stock a consensus "Strong Buy," with 11 out of 13 analysts recommending this rating and an average price target of $11.36, suggesting a potential 123% increase [7] Growth Potential - The company is expanding its reach globally through partnerships with Kyowa Kirin in Japan and Fosun Pharma in China for the commercialization of tenapanor [5] - Ardelyx's fundamentals are improving, with significant revenue growth and two distinct medicines gaining real-world momentum [6]
Foghorn Therapeutics Announces Significant Progress for Selective ARID1B Degrader at the 8th Annual TPD and Induced Proximity Summit
Globenewswire· 2025-10-16 11:00
Core Insights - Foghorn Therapeutics is hosting a virtual investor event on October 30, 2025, to discuss updates on its Selective ARID1B, Selective CBP, and Selective EP300 degrader programs [1][3] - The company will present significant progress on its Selective ARID1B degrader program at the TPD and Induced Proximity Summit, highlighting its potential for treating endometrial, gastric, and bladder cancers [2] Company Overview - Foghorn Therapeutics is focused on discovering and developing a novel class of medicines that target genetically determined dependencies within the chromatin regulatory system [4] - The company utilizes its proprietary Gene Traffic Control platform to systematically study and validate potential drug targets within this system, with multiple product candidates in oncology [4] Event Details - The Keynote Plenary session will feature a presentation titled "Harnessing Degradation to Achieve Selectivity & First-in-Class Targeting of Challenging Chromatin Regulatory Proteins" on October 29, 2025 [3] - The virtual investor event will provide pipeline updates and will be accessible via the company's website after the conference [3]
MLTX INVESTOR ALERT: MoonLake Immunotherapeutics Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-10-16 10:00
Core Viewpoint - The MoonLake class action lawsuit alleges that MoonLake Immunotherapeutics and its executives violated the Securities Exchange Act of 1934, impacting investors who purchased its common stock [1][3]. Company Overview - MoonLake Immunotherapeutics is a clinical-stage biotechnology company focused on developing therapies for inflammatory skin and joint diseases, with its primary drug candidate being sonelokimab (SLK) [3]. Allegations - The lawsuit claims that MoonLake made false or misleading statements regarding SLK's efficacy compared to Union Chimique Belge's BIMZELX, which is an FDA-approved monoclonal antibody for the same condition [4]. - Specific allegations include that SLK and BIMZELX target the same inflammatory cytokines (IL-17A and IL-17F), and that SLK's unique Nanobody structure does not provide superior clinical benefits or efficacy [4]. Stock Performance Impact - Following the announcement of disappointing results from the Phase 3 VELA program on September 28, 2025, which indicated SLK did not demonstrate competitive efficacy against BIMZELX, MoonLake's stock price plummeted nearly 90% [5]. Legal Process - Investors who suffered losses during the class period can seek to become lead plaintiffs in the lawsuit, with a deadline for motions set for December 15, 2025 [2][6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP, the law firm representing the plaintiffs, is recognized as a leading firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [7].
J&J Announces Second Major Spinoff, Plans to Separate Orthopedics Division
Yahoo Finance· 2025-10-16 05:46
Core Insights - Johnson & Johnson (NYSE: JNJ) is undergoing significant restructuring, including a second major spin-off of its orthopedics division, which is expected to be completed within 18 to 24 months [2][4] - The company anticipates revenue growth exceeding 5% in 2024, surpassing analysts' expectations of 4.6%, and projects adjusted earnings to exceed Wall Street's estimate of $11.39 per share by up to 5 cents [3] - Johnson & Johnson has maintained a strong dividend tradition, raising its payouts for 63 consecutive years, with a current quarterly dividend of $1.30 per share and a dividend yield of 2.74% as of October 14 [6] Company Developments - The orthopedics division, which generated approximately $9.2 billion in revenue last year, accounts for about 10% of the company's total sales [4] - The new company formed from the spin-off will be named DePuy Synthes and will be led by industry veteran Namal Nawana [4] - In 2023, Johnson & Johnson initiated a two-year restructuring plan for its orthopedics unit, which includes market exits and product discontinuations, following the spin-off of its $15 billion consumer health business into Kenvue [5]
Stockholder Alert: Robbins LLP Informs MoonLake Immunotherapeutics Stockholders that a Class Action Lawsuit was Filed Against the Company
Prnewswire· 2025-10-16 02:27
Core Viewpoint - A class action lawsuit has been filed against MoonLake Immunotherapeutics, alleging that the company misled investors regarding the efficacy of its drug candidate SLK, particularly in comparison to the FDA-approved drug BIMZELX [1][2]. Allegations - The lawsuit claims that during the class period, MoonLake failed to disclose critical information about the differences between its Nanobody drug SLK and traditional monoclonal antibodies, including: - Both SLK and BIMZELX target the same inflammatory cytokines IL-17A and IL-17F [2]. - SLK's Nanobody structure does not provide a clinical benefit over BIMZELX's monoclonal structure [2]. - The supposed increased tissue penetration of SLK does not translate to improved clinical efficacy [2]. - Consequently, the positive statements made by the company regarding SLK's superiority lacked a reasonable basis [2]. Stock Price Impact - Following the announcement of the Phase 3 VELA program results on September 28, 2025, which indicated that SLK did not demonstrate competitive efficacy against BIMZELX, MoonLake's stock price plummeted by $55.75 per share, or 89.9%, closing at $6.24 on September 29, 2025 [3]. Next Steps for Investors - Shareholders interested in participating in the class action must submit their papers to the court by December 15, 2025, to serve as lead plaintiff, representing other class members in the litigation [4]. - Investors can remain absent class members and still be eligible for recovery without taking any action [4]. Company Background - Robbins LLP, the firm leading the class action, has been focused on shareholder rights litigation since 2002, aiming to help shareholders recover losses and improve corporate governance [5].
After a low period, biotech stocks are on the upswing, experts say
Yahoo Finance· 2025-10-16 02:03
After a period of weakness, biotech stocks are on the upswing, experts say. But bear in mind: Putting your money into biotechnology companies can lead you on something of a wild ride. The field, which uses living organisms, cells and biological processes to develop products and technologies, has been known to give shareholders some serious vertigo as stocks rise and fall. “Investing in biotechnology stocks has always required a high-risk tolerance and the patience to wait years, even decades, for results ...
'Fast Money' traders talk Oklo's market reversal after surging
Youtube· 2025-10-15 22:16
But after surging more than 11% at the open, shares of Oaklo reversed sharply midday, closing down more than a percent. Biotech outperforming broader markets today. IBB shares uh I biotech ETF I should say up more than 1% now trading at its highest level since December 2021.And some more after hours action. JB Hunt jumping after topping EPS and revenue estimates. And Huelet Packard Enterprise plunging after the cloud company released fullear revenue guidance well below investor estimates.Um you flag Oko Kar ...
Adaptive Biotechnologies to Report Third Quarter 2025 Financial Results on November 5, 2025
Globenewswire· 2025-10-15 20:05
Core Insights - Adaptive Biotechnologies Corporation will report its financial results for Q3 2025 on November 5, 2025, after market close [1] - A conference call will follow the financial results announcement, starting at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time [1] Company Overview - Adaptive Biotechnologies is a commercial-stage biotechnology company focused on utilizing the adaptive immune system's biology to develop clinical products for disease diagnosis and treatment [3] - The company aims to decode the adaptive immune system to enhance its diagnostic and therapeutic capabilities, which have been underutilized due to previous decoding challenges [3] - The proprietary immune medicine platform of the company allows for the translation of the adaptive immune system's genetics with scale, precision, and speed [3] - The company operates in two business segments: Minimal Residual Disease (MRD) and Immune Medicine, providing products and clinical pipelines for diseases like cancer and autoimmune disorders [3] - The goal is to create and commercialize immune-driven clinical products tailored to individual patients [3]