Chicago Atlantic Real Estate Finance (REFI) currently offers an attractive yield of about 16.7% while trading at over a 20% discount to its book value, making it appealing to investors willing to take on higher risk. Recent regulatory changes, such as cannabis reclassification, may improve borrower credit quality and after-tax cash flows, though they could also reduce future yields structurally. However, concerns remain about credit quality due to increased credit loss provisions and related-party exposures, requiring ongoing scrutiny. The fund is recommended as a cautious buy only for investors comfortable with speculative and elevated risk profiles.
SpaceX is choosing to focus on long-term growth rather than immediate profitability, similar to Amazon's approach in its early years. Experts say SpaceX could be profitable now if it reduced spending on projects like Starship and AI infrastructure, b...
Cornerstone has released an updated version of the EPA's GHG Emission Factors Hub, providing free, consolidated data for scopes 1, 2, and 3 greenhouse gas emissions. This update includes new factors for air travel, refrigerants, and aligns with the l...
Lyell Immunopharma presented updated safety and translational data for its CAR T-cell therapy, ronde-cel, in treating relapsed or refractory large B-cell lymphoma (LBCL). Over 100 patients treated showed no severe cytokine release syndrome (CRS) and ...
Ascendis Pharma reported positive five-year results from its Phase 2 PaTH Forward trial of TransCon PTH (palopegteriparatide) for adult hypoparathyroidism. The therapy maintained stable calcium levels, kidney and bone health, and quality of life, all...
SpaceX began trading on the stock market at $150 per share, above its IPO price of $135, marking the largest public offering in history and valuing the company at about $1.96 trillion. The shares quickly rose to $165, reflecting strong demand that ex...
