When the US Food and Drug Administration (FDA) rejected Lykos Therapeutics’ new drug application for MDMA-assisted therapy last August, the initial disappointment cast a shadow over the psychedelics industry. However, the sector is seeing a resurgence of optimism in 2025 on the back of various US developments. “The psychedelic industry…
Krispy Kreme stock plunged 24% on Thursday morning after the doughnut chain said it is “reassessing” its rollout with McDonald’s and pulled its full-year outlook in part due to economic “softness.” Krispy Kreme is not planning to launch its doughnuts in any additional McDonald’s locations in the second quarter, suspending a nationwide rollout.…
A group of investors sued UnitedHealthcare Group on Wednesday, accusing the company of misleading them after the killing of its CEO, Brian Thompson. The class action lawsuit — filed in the Southern District of New York — accuses the health insurance company of not initially adjusting their 2025 net earning…
Families of October 7 hostages held in Gaza demanded any new information from the Israeli government after US President Donald Trump said three more captives had died. “As of today, it’s 21. Three have died. So, this is a terrible situation,” Trump said on Tuesday. The remark was a shock…
Valerie the dachshund has finally been reunited with her owners after surviving 540 days alone on Kangaroo Island in South Australia. Owners Georgia Gardner and Josh Fishlock described the moment they got to hold the tiny pup in their arms in a statement published Wednesday. Gardner said she “burst into…
Anderson cooper 360 Watch Louis Graziano’s story on “Anderson Cooper 360,” tonight on CNN at 8 p.m. ET. He’s believed to be the last surviving person from inside the room of the little red schoolhouse in Reims, France, where German officers agreed to end World War II in Europe. Eighty…
Syrian President Ahmad al-Sharaa has said that his government is holding indirect talks with Israel to bring an end to Israeli attacks on Syria. “There are indirect negotiations (with Israel) via mediators to calm and contain the situation so matters don’t reach a point where both sides lose control,” Al-Sharaa…
A three-day ceasefire in Ukraine that was unilaterally declared by Russian President Vladimir Putin last month was set to come into effect at 5 p.m. ET on Wednesday (midnight Moscow time), as Russia prepares to mark the anniversary of its World War II Victory Day on Friday. It was not…
In this video, Joe shares how to trade MACD signals using multiple timeframes, and how to spot stock market pullback setups that can help to pinpoint a great entry off a low. He then reviews sector performance to identify market leadership, covers key chart patterns, and discusses a looming bearish…
With all eyes and ears on this week’s Fed meeting, it’s worth taking a big step back to reflect on conditions related to momentum, breadth, and leadership. And while the rally of the early April lows has been significant, the S&P 500 and Nasdaq 100 now face considerable resistance at…