Taleb, Citrini and the Birth of the AI Scare Trade
Nassim Nicholas Taleb and Citrini Research have unintentionally become co-authors of Wall Street’s latest genre: the AI scare trade, where investors hedge against the possibility that the very technology powering the boom becomes…
U.S. stocks sold off sharply on Monday as fresh tariff uncertainty from Washington and mounting concerns over AI-driven disruption sparked a broad risk-off move across Wall Street, driving a roughly 800‑point slide in the Dow and sending the S&P 500 and Nasdaq…
In an era when artificial intelligence has stolen most of biotech’s buzz, gene editing is quietly trying to grow up from scientific marvel to dependable business line. At the center of that transition stands Nobel laureate Jennifer Doudna, who is now pairing…
Gilead Sciences (GLD) is paying up to $7.8 billion to acquire Arcellx (ACLX) , a longtime cell‑therapy partner, in a bid to turn a promising collaboration into a franchise‑defining pillar. Under the definitive agreement, Arcellx shareholders receive $115 per share in…
Alphabet’s decision to acquire Intersect Power for roughly $4.75 billion is less a vanity green purchase and more a hard‑nosed bet that the next edge in artificial intelligence will be measured in megawatts as much as in model parameters. In one stroke,…
The new space economy is quietly adding an unexpected aisle to the drugstore: a “made‑in‑orbit” shelf where tomorrow’s pills may be grown, not in stainless-steel vats, but in microgravity factories looping Earth at Mach 25.
Yes one day, your doctor’s prescription may…
In a market that has grown wary of “story stocks,” Eupraxia Pharmaceuticals (NASDAQ: EPRX) just delivered something refreshingly old-fashioned: a fully closed, upsized equity offering that actually funds a clinical plan rather than a marketing slogan. The clinical‑stage biotech, which trades on…
US stocks finished the holiday‑shortened week ended Friday, February 20, 2026 higher, as a landmark Supreme Court decision scrapping President Trump’s emergency “Liberation Day” tariffs overshadowed softer growth data and firmer inflation readings.finance.
Index performance
S&P 500: up about 0.7% on Friday…
Wall Street closed Thursday walking a now-familiar tightrope: cheering resilient earnings and AI-fueled innovation while eyeing rising US-Iran tensions and a looming inflation check that could jostle the Federal Reserve’s carefully choreographed exit from peak rates.
Futures Lean Green As Geopolitics Heat…
U.S. stocks traded lower on Thursday, with major indexes pulling back after recent gains as investors digested Walmart earnings, a heavy data calendar, and still‑hawkish Fed signals.
Indexes and macro
The Dow Jones Industrial Average fell about 0.54% to roughly 49,395.16, while…
