The biotech, focused on novel cancer therapies, reported a net loss of $9.6 million, or $0.05 per share, for the quarter ended June 30. Final analysis in the REGAL trial will follow the company recording the 80th patient death. In a LinkedIn post in early July, when the trial stood at 78 of the required … Read more
Despite USA Rare Earth’s second-quarter revenue miss, strong cash reserves, government funding, and expansion plans stoked optimism. USA Rare Earth’s Q2 revenue of $5.8 million missed $13.3 million Street’s view. The company held $1.53 billion in cash, secured up to $1.6 billion in CHIPS Act support, and is pursuing a $2.8 billion Serra Verde acquisition. … Read more
The CBI has arrested Proclaimed Offender Gopal Das alias Bishal Paul from West Bengal in the 2021 Post-Poll Violence murder case of Avijit Sarkar. At large since 2021, he carried a cash reward of Rs 50,000 for his arrest. The Central Bureau of Investigation (CBI) arrested Proclaimed Offender (PO) Gopal Das alias Bishal Paul from … Read more
US Central Command forces disabled the Panama-flagged M/V Vela Nova in the Gulf of Oman for violating the US blockade against Iran. A US Navy helicopter fired two missiles into the ship’s engine room after it ignored repeated warnings. US Disables Vessel Violating Iran Blockade The US Central Command (CENTCOM) said its forces disabled a … Read more
The “Big Short” investor is betting against AI-linked names while adding to his position in Molina Healthcare. Michael Burry added to his Nvidia puts, with contracts extending into 2027. He added more Palantir puts expiring in December 2026 and March 2027, with strikes in the low $100s, and shorted more shares at $175. Oracle and … Read more
Anthropic is reportedly meeting investors for its IPO and could launch the share sale as early as next month. OpenAI has reportedly deferred its plans to next year. Anthropic executives are reportedly reassuring critics over its growth strategy, Chinese competition and tensions with the Trump administration. Anthropic unveiled Claude Opus 5 on July 21 and … Read more
Heavy rains have lashed Madhya Pradesh, causing rivers to overflow. The Betwa River in Vidisha has risen by 10-12 feet, submerging temples and prompting rescue operations. In the state capital Bhopal, all schools have been closed due to the downpour. Vidisha (Madhya Pradesh) [India], August 11 (ANI): Madhya Pradesh is witnessing heavy rainfall in several … Read more
Congress MP Manickam Tagore slammed “missing” Home Minister Amit Shah for evading Parliament. He accused Shah of avoiding accountability for police action against students at Jantar Mantar and demanded his presence and a statement in the Lok Sabha. ‘Missing’ Home Minister Must Appear in Lok Sabha: Tagore Congress MP Manickam Tagore on Tuesday called for … Read more
RBI Governor Sanjay Malhotra said India must proactively shape its AI journey in finance, not be shaped by it. He stressed AI requires a total mindset change in banking, from risk evaluation to customer service, leveraging India’s digital infra. Shape the AI Journey, Don’t Be Shaped by It Reserve Bank of India (RBI) Governor Sanjay … Read more
JLKM leader Devendra Nath Mahto’s hunger strike over alleged JPSC/JSSC exam scams reached its 11th day, continuing from his hospital bed. Students warned of a mass movement after a protest march in Ranchi was met with alleged lathicharges. Wednesday (August 12) marks the 11th day of Jharkhand Loktantrik Krantikari Morcha (JLKM) leader Devendra Nath Mahto’s … Read more