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 in 2025 will likely see significant advancements in clinical applications, ...
The escalating conflict between India and Pakistan could be offering the world a first real glimpse into how advanced Chinese military technology performs against proven Western hardware – and Chinese defense stocks are already surging. Shares of China’s AVIC Chengdu Aircraft rose 40% this week, as Pakistan claimed it used AVIC-produced J-10C jets to shoot down Indian fighter jets – ...
Russian President Vladimir Putin has taken center stage at Russia’s Victory Day parade on Friday, surrounding himself by friendly world leaders in a highly choreographed show designed to show the Western world that Russia is far from isolated. Watching as thousands of troops marched across Moscow’s Red Square, Putin stood next to his guest of honor, the Chinese leader Xi ...
For the first time in history, the majority of humans live in cities — spaces often defined by concrete, glass and a disconnect from the natural world. Access to nature is no longer guaranteed. In 2020, Miles founded Nature Is a Human Right, a campaign advocating for daily access to green spaces to be recognized in the Universal Declaration of ...
Two men have been found guilty of criminal damage for felling a landmark sycamore tree in northern England. Daniel Graham, 39, and Adam Carruthers, 32, were each found guilty of two counts of criminal damage, one relating to the tree and the other to Hadrian’s Wall that the tree fell on, according to the UK’s PA Media news agency on ...
Ukraine said Friday it had exposed a network of Hungarian spies trying to obtain defense secrets in a border region of Ukraine – the first time it said such an operation has been discovered. The Security Services of Ukraine (SBU) said it had detained two Hungarian special services agents, whom it claims were reporting to a handler in Hungarian military ...
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 outlook to factor in how Thompson’s killing would affect their ...
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. As of March 30, more than 2,400 of the burger ...
The S&P 500 ($SPX) wrapped up Tuesday just below its intraday midpoint and posted one of the narrowest ranges we’ve seen in the past two months. That’s a clear sign traders are reluctant to take major bets ahead of Wednesday’s 2:00 PM ET Federal Open Market Committee (FOMC) decision. And honestly, this caution makes sense. If we look back at ...
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 the 200-day moving average. With that backdrop in mind, here ...