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Abivax Crashes Most On Record After Cancer Cases In Trial Data Spooks Wall Street
Abivax Crashes Most On Record After Cancer Cases In Trial Data Spooks Wall Street
French biotech Abivax suffered its largest intraday decline on record after reporting new data on its lead experimental inflammatory bowel disease drug, which showed cancer cases among patients in the clinical trial. The new data certainly point to regulatory headwinds and raise the risk profile for approval.
Abivax's ABTECT maintenance data showed strong efficacy readout, with both once-daily obefazimod doses meeting the primary endpoint at week 44. Clinical remission rates were 50.8% for the 25 mg dose...
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Kimi, Crude, & Carney: Rabobank Sums Up The Geopolitical Chaos
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Authored by Molly Schwartz, Rabobank cross-asset macro strategist,
Trading Playbooks
The advancement of one of China’s AI models, Kimi, has sharpened attention on the latest US plans to counter China’s growing AI challenge. Kimi is reportedly more powerful than several US flagship models, though not yet as powerful what lies on the frontier. However, Kimi operates at a fraction of the cost per token. That cost advantage raises the competitive threat to US AI leadership more broadly, including for other leading firms...
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Apr 9, 2026 / Jason Ditz
Deadly Israeli Strikes Continue as Lebanon Reels From Wednesday Massacres
Israel continued with its attacks on Lebanon today, following by far the single deadliest day in the war on Wednesday, in which at least 254 people were killed and well over 1,100 others were wounded. Lebanon has declared a national day of mourning today, as they continue to search for survivors in the rubble. Recovering […]
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