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Psychedelic Stocks Soar After Trump Order; RBC Says Commercialization Path Could Accelerate
Psychedelic Stocks Soar After Trump Order; RBC Says Commercialization Path Could Accelerate
Psychedelic drug stocks soared in premarket trading in New York after President Trump signed an executive order aimed at accelerating research and expanding access to therapies used for post-traumatic stress disorder (PTSD).
"The executive order I'm signing, we're actually signing the executive order today, is really a moment," Trump said at the signing event. "These treatments are currently in the advanced stages of clinical trials to ensure that they're both safe and effective for the American patients."
President Trump...
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Apr 15, 2026 / Tyler Durden
BofA Sees Customer Gas Spending Jump 16%, But Discretionary Spending Holds Up
BofA Sees Customer Gas Spending Jump 16%, But Discretionary Spending Holds Up
The national average for 87-octane gasoline has remained above the politically sensitive $4-a-gallon level for two straight weeks after the largest monthly jump in AAA data going back two decades. The fuel shock has Wall Street analysts focused on whether surging pump prices will begin crowding out discretionary spending.
Bank of America CFO Alastair Borthwick told analysts on a conference call earlier today that the fuel shock at the pump has not undermined overall consumer strength so far, though...
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CJ Killmer
PODCAST: DHP Villains: Woodrow Wilson, Part 10
Feb 17, 2026 / Dave DeCamp
US Launches Three More Airstrikes in Somalia
The US has launched three more airstrikes in Somalia, according to press releases put out by US Africa Command, as the Trump administration continues its record-shattering bombing campaign in the country with virtually no US media coverage. AFRICOM said one strike launched on February 14 targeted al-Shabaab about 90 miles to the south of the […]
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