Markets

Philip Morris International (PMI) presented evidence to the FDA’s advisory committee (TPSAC) supporting the continued marketing of IQOS as a modified risk tobacco product (MRTP). PMI seeks to communicate that switching completely to IQOS significantly reduces exposure to harmful chemicals. The FDA previously authorized IQOS as an MRTP, and PMI is seeking approval for IQOS ILUMA. PMI has invested heavily in smoke-free products, aiming to transition smokers away from traditional cigarettes. The FDA’s decision will impact the regulation of next-generation nicotine products.

A recent Kaplan survey reveals that law school applications remain highly competitive for the 2025-2026 cycle, mirroring a nearly 20% increase in the previous year. 90% of admissions officers anticipate similar or greater competition driven by the current U.S. political climate. While increased talent is positive, concerns arise regarding the legal profession’s long-term capacity and the market’s ability to absorb new graduates. Kaplan advises prospective students to consider the long-term commitment to practicing law before pursuing a J.D.

BD and Opentrons Labworks are partnering to revolutionize single-cell multiomics research by integrating robotic liquid-handling into BD’s instrumentation. This collaboration aims to automate key experimental steps, overcoming throughput and reproducibility limitations. The integration of the BD Rhapsody™ System with the Opentrons Flex® platform will simplify complex workflows and enable faster, more scalable disease research and drug development. Early access opportunities will be offered.

F3 Uranium (FUU / FUUFF) has commenced a 3,000-meter drill program at its Broach Lake Property’s Tetra Zone. The program aims to test the extent of high-grade uranium mineralization, following encouraging initial intercepts, including 1.0m at 2.50% U3O8 (PLN25-205) and 67.0m of anomalous radioactivity (PLN25-217). Ground EM surveying is complete, with 3D inversions underway to refine drill targets. The company advises spectrometer readings are preliminary, and true thicknesses are undetermined.

The “Dialogue on AI & Cyber Governance” in London addressed the growing need for corporate AI security as AI integrates into physical infrastructure. Experts from academia and industry, including Tuya Smart, discussed building robust cyber governance frameworks and using AI to enhance cybersecurity. Key topics included addressing vulnerabilities from AI adoption, standardizing security frameworks, and the geopolitical aspects of supply chain security. Participants agreed on the need for global collaboration to develop effective AI security standards. Tuya Smart highlighted its security initiatives and collaborative approach to fostering secure AI development.

Tech Data Advanced has partnered with Wind River to distribute cloud-native virtualization and container management solutions in India. This alliance expands Wind River’s reach and provides Tech Data’s partners access to Wind River’s portfolio, including VxWorks and Wind River Cloud Platform. The partnership aims to help Indian businesses accelerate digital transformation by simplifying deployments and reducing operational complexities through validated platforms and integrated solutions. It leverages the Tech Data Center of Excellence (Tech COE) for expertise and support.

SSR Mining will release its Q3 2025 financial results on November 4th, followed by a conference call and webcast. Investors will focus on production volumes at Seabee and Puna Operations, the impact of inflation on costs, and geopolitical risks. Analysts will look for updates on technology adoption, financial metrics (revenue, EPS, cash flow), exploration activity, and forward guidance for 2026. The market seeks data on navigating the economic climate and delivering shareholder value.

ALT5 Sigma (NASDAQ:ALTS) will participate in the A.G.P. Digital Assets & Technology Showcase on October 8, 2025. CFO Jonathan Hugh, along with Zak Folkman and Matt Morgan from World Liberty Financial, will discuss business strategies and developments in the digital asset landscape. The presentation will explore ALT5 Sigma’s digital asset treasury strategy, leveraging $WLFI, and synergies with World Liberty Financial. The A.G.P. DAT Showcase connects tech companies with investors. ALT5 Sigma focuses on optimizing its digital asset treasury and capitalizing on growth within the $WLFI ecosystem.

THEMAC Resources Group (TSXV: MACQF) shareholders approved Tulla Resources Group’s acquisition of outstanding shares at CAD $0.08 per share. 95.07% of votes favored the arrangement (56.51% after MI 61-101 exclusions). Completion, targeted for October 2025 and pending court order, is conditional on satisfying all closing conditions. Upon completion, THEMAC will be delisted from the TSXV, taking the company private. The Yukon Supreme Court will be petitioned for a Final Order.

Navitas Semiconductor will release its Q3 2025 financial results on November 3rd, 2025, followed by a conference call. Analysts are focused on revenue growth driven by GaNFast IC adoption, gross margin performance, and technological advancements. The company’s expansion into markets like electric vehicles and commentary on the macroeconomic environment will also be key. The earnings release is expected to reveal if Navitas can capitalize on the growing GaN power market and maintain its leading position.