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BioVie nears data readout for potential first treatment targeting long COVID symptoms.
BioVie Inc is advancing its clinical trial for a novel treatment aimed at long COVID, a condition affecting around 17 million Americans with symptoms like brain fog and fatigue. The company has secured a $13 million grant, making it unique in receivi...
Law firm investigates Meridian for possible securities violations after stock drops 8.86% on weak earnings.
Bragar Eagel & Squire, P.C. is investigating Meridian Corporation for potential violations of federal securities laws following a significant stock price drop. Meridian reported weak first-quarter 2026 results, citing decreased SBA loan sale income a...
Valterra Platinum holds its first AGM as an independent company after demerging from Anglo American.
Valterra Platinum Limited conducted its first Annual General Meeting (AGM) as an independent company on May 8, 2026. The meeting marked a significant milestone following the company's demerger from Anglo American, with new shareholders welcomed and e...
IMF warns AI-driven cyberattacks threaten financial stability with faster, cost-effective hacking risks.
The International Monetary Fund (IMF) has issued a warning that AI-powered cyberattacks are increasingly threatening global financial stability. Advanced AI tools can rapidly identify and exploit system vulnerabilities, outpacing traditional defenses...
April jobs report shows stable unemployment but underlying weakness in labor market.
The April labor market report showed the unemployment rate remained steady with some job gains, but deeper analysis reveals ongoing labor force contraction and weak revisions to past job data. This suggests the job market is not as robust as it appea...
Energy security focus boosts oil investments amid Iran war disruptions
The Iran war and the resulting blockade of the Strait of Hormuz have caused a major disruption in global oil supplies, highlighting the fragility of the energy system. Oil and gas CEOs say this will lead to increased investments in oil exploration an...
AI-driven cost efficiencies, not just revenue growth, will shape the next market winners, says investor Luca Socci.
Investor Luca Socci highlights that AI is transforming the economy, driven by hyperscalers' large capital investments. He distinguishes companies benefiting from AI cost reductions versus those gaining revenue increases, arguing that the market will ...
Greg Abel earns solid reviews at Berkshire's first shareholders meeting as CEO, but buyback doubts linger.
Greg Abel led his first Berkshire Hathaway annual shareholders meeting as CEO, receiving praise for his deep business knowledge and steady performance, though some investors missed Warren Buffett's charisma and sought clearer plans on stock buybacks ...
Capital One Auto says rising car debt isn't a big issue as payment-to-income ratios stay steady.
Capital One Auto's president says rising consumer automotive debt and longer loans aren't alarming because the payment-to-income ratio for car buyers has remained stable around 10% since 2019. Although median monthly car payments increased from $390 ...
Market rally risks bubble as AI stocks soar; real estate and inflation concerns rise amid slowing growth.
The current market rally is heavily concentrated in AI-related stocks like NVDA, INTC, and AMD, raising concerns about a bubble at historic levels. Meanwhile, commercial real estate, especially the multi-family sector, shows signs of stress with risi...