JHVEPhoto Since I presented my ‘Strong Buy’ thesis for Veeva Systems (NYSE:VEEV) in June 2023, their stock price has surged by 21%. I discussed their data analytics and AI capabilities in the healthcare industry. They guide 15.5% revenue growth and 27% adjusted operating income growth for FY25. Veeva clinical platform connects clinical operations and data…
DNY59 Investors Breathe a Sigh of Relief Post-Earnings, Look Forward to PHOENIX Data Amylyx Pharmaceuticals (NASDAQ:AMLX) has bounced back recently. Its stock is 50% higher since my rating downgrade (from “Strong Buy” to “Buy”) in November. The rating downgrade reflected increasing caution due to operational challenges, yet it still acknowledged the apparent undervaluation. After disappointing…
Forged documents, anachronistic evidence, and false statements. According to the Crypto Open Patent Alliance (COPA), Craig Steven Wright has over the past years presented it all in an effort to prove he is Satoshi Nakamoto — and the non-profit believes it is now time to bring a halt to his “brazen lie”. On day 1…
The Terraform Labs trial has now been postponed until after Do Kwon is successfully extradited to the US from Montenegro. The United States Securities and Exchange Commission (SEC) has agreed to delay the trial of Terraform Labs founder Do Kwon. According to a Monday filing, the trial will not begin until Kwon’s extradition to the…
ARMMY PICCA/iStock via Getty Images 89bio, Inc. (NASDAQ:ETNB) has made great progress in advancing its pipeline, especially since it has reached an agreement with regulators to advance two clinical studies using its drug pegozafermin to treat patients with NASH with compensated cirrhosis [F4] in the ENLIGHTEN-Cirrhosis study and then patients with Stages F2-F3 NASH in…
SBF began his official testimony in the case against him on October 27. The former FTX CEO Sam Bankman-Fried’s (SBF) criminal trial took a new turn last week after he agreed to give his testimony before jurors. The Criminal Trial So Far The SBF trial kicked off with jury selection on October 3. Since then,…
As FTX disgraced founder Sam Bankman-Fried steps to defend himself in the court on Thursday, here’s what has transpired ever since the FTX bankruptcy. Sam Bankman-Fried will testify in defense of his actions leading up to the collapse of FTX and his entire digital asset empire. His legal team confirmed during a conference call with…
Sam Bankman-Fried will be pushing to clear his name after his former colleagues made many revelations that could lead to his imprisonment for more than 100 years if the jury finds him guilty. After the prosecutors had a chance to present their witness to testify against former FTX boss Sam Bankman-Fried (SBF), the defense attorneys…
Bankman-Fried’s legal team, led by Mark Cohen and Christian Everdell, has encountered difficulties in presenting a coherent narrative to the jurors. FTX co-founder Sam Bankman-Fried‘s trial is nearing its conclusion, with the prosecution set to conclude their case on October 26 after nearly 20 testimonies. The prosecution has called upon a wide range of witnesses…
Wang’s testimony was part of a plea agreement with prosecutors stemming from his guilty plea filed in December 2022. In a riveting turn of events at the ongoing criminal trial of FTX founder Sam Bankman-Fried (SBF), Gary Wang, the company’s former chief technology officer, unveiled startling revelations about the inner workings of the exchange and…
Until the trial proceeds next September 2024, Mashinsky will remain free on $40 million bail, however, will continue to face travel and financial restrictions. In an October 3rd hearing held in the United States District Court for the Southern District of New York, Judge John Koeltl set the criminal trial date for former Celsius Network…
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fmajor/E+ via Getty Images Introduction Marinus Pharmaceuticals (NASDAQ:MRNS), focusing on seizure disorders, got FDA approval in 2022 for Ztalmy (ganaxolone) to treat seizures in CDD patients over two. Ganaxolone, affecting GABAA receptors, shows anti-seizure effects. Marinus aims to expand its use and application methods. In my most recent analysis of Marinus, I highlighted their strategic…
Pgiam/iStock via Getty Images Investment updates Since the last publication, shares of Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE) have failed to catch a bid and pushed further to the downside. I rated RARE a speculative buy in February, and after a short snapback rally, it sold off quickly following its Q2 numbers and amid the broad selloff…
Dorin Puha/iStock via Getty Images Introduction NovoCure (NASDAQ:NVCR) is a healthcare firm specializing in cancer treatments. They’ve developed a unique technology called Tumor Treating Fields (TTFields) that employs electric fields to target and kill cancer cells. Their main aim is to expand the use of their FDA-sanctioned devices, Optune and Optune Lua, which treat glioblastoma…
SBF’s defense team argued that their client would need a laptop with access to internet to review the long pile of documents produced during the discovery. Lawyers representing Sam Bankman-Fried have been demanding his “temporary release” or a relief of five days a week release in order to prepare for the defense trial ahead in…
The lawyers representing SBF noted that their client would require more time to prepare for the defense case in October. FTX founder Sam Bakman-Fried‘s legal team argued on Friday that if he’s not granted the ability to leave jail, it would impose unreasonable difficulties in preparing for his criminal fraud trial scheduled for October. As…
Following the announcement by Judge Analisa, Jeremy Hogan, a partner at Hogan & Hogan, highlighted that the final judgment in the case will not be issued until at least late 2024. The lawsuit filed by the United States Securities and Exchange Commission (SEC) against Ripple and its executives for alleged law violations through XRP sales…
New York Federal Prosecutor asked Judge Lewis Kaplan to jail former FTX boss SBF for crossing the line after giving journalists personal writings by Caroline Ellison. The investigations of FTX and Alameda Research collapse have significantly unraveled the rot that was orchestrated by Sam Bankman-Fried (SBF) in squandering investors’ and customers’ funds. Hiding in the…