Compass Pathways CEO on Trump's Order to Expand Psychedelics Research

Shares of companies involved in psychedelic-tied therapies surged Monday after President Donald Trump signed an executive order to expedite research and access. US-traded shares of Compass Pathways spiked as much as 53% while AtaiBeckley surged by 37%. GH Research jumped 34% and Definium Therapeutics rallied 16%. The AdvisorShares Psychedelics ETF (PSIL) also climbed as much as 20% — touching its

Source

Bloomberg Markets

Read full article at Bloomberg Markets

Opens original article in a new tab

Apple Names Ternus as Next CEO, Cook to Become Chairman

Apple has named hardware chief John Ternus as its next leader, with Tim Cook shifting to the role of executive chairman. Ternus will become CEO on September 1. Ed Ludlow has more. (Source: Bloomberg)

about 2 hours agoRead more →

Bloomberg Markets

'Time Is On Iran's Side': Defense Priorities' Kelanic

Defense Priorities’ Rosemary Kelanic tells Bloomberg TV that Iran believes prolonging negotiations will yield more leverage. She notes that while both sides want a deal, Tehran is in no rush to settle. (Source: Bloomberg)

about 2 hours agoRead more →

Bloomberg Markets

South Korean Stock Index Rises to Record as AI Optimism Extends

South Korean stocks climbed to a record, powered by chipmakers as the artificial intelligence trade regained momentum and optimism reemerged about a US-Iran peace deal.

about 2 hours agoRead more →

EconomyDaily Composite

CNBC

Asia markets open higher as hopes for Iran peace talks offset Trump threat of escalation

Asia markets opened higher Tuesday as investors brushed aside fresh threats from Trump on Iran ahead of a fragile ceasefire deadline.

about 2 hours agoRead more →

Related Economy Stories

Apple Names Ternus as Next CEO, Cook to Become Chairman

'Time Is On Iran's Side': Defense Priorities' Kelanic

South Korean Stock Index Rises to Record as AI Optimism Extends

Asia markets open higher as hopes for Iran peace talks offset Trump threat of escalation