Trump Plans to Fire FDA Commissioner, Biotech Stocks Affected
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 hours ago
0mins
Should l Buy GOOGL?
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled by The Fly.WAR WITH IRAN:Iran's state news agency IRNA reported Sunday that the country sent its response to the latest proposed U.S. draft agreement for ending the war,The Wall Street Journal. The current phase of negotiations is focused exclusively on the cessation of hostilities in the region, said IRNA, which gave no further details of the Iranian response.Meanwhile, President Donald Trump stated in a Truth Social, "I have just read the response from Iran's so-called 'Representatives.' I don't like it - TOTALLY UNACCEPTABLE! Thank you for your attention to this matter."AI SECURITY ORDER:The White House is planning to order U.S. agencies to partner with AI firms to protect networks from AI-enabled cyber attacks, though the order would stop short of mandating government approval for cutting-edge models, Bloomberg's Maggie Eastland and Courtney Subramanian, citing people familiar with the mater. A draft directive from President Trump would overhaul existing cybersecurity information-sharing programs to include AI companies and address threats posed by the emerging tech, the authors note. Companies in AI software include Alphabet, Meta, OpenAI, and Anthropic.FDA COMMISSIONER:President Trump has signed off on a plan to fire Food and Drug Administration Commissioner Marty Makary, following a tumultuous period for the regulator that included clashes over vaping, abortion and drug policy, The Wall Street Journal's Liz Essley Whyte, citing people familiar with the matter. Makary is seen by other top administration leaders as struggling to manage his agency, sparring frequently with health department officials and at times the White House, the author notes. Biotech stocks that could be impacted by the news include Moderna, Sarepta, Xencor, PTC Therapeutics, Biohaven, Edgewise Therapeutics, Design Therapeutics, Ultragenyx, Avidity Biosciences, Dyne Therapeutics, Wave Life Sciences, MeiraGTx, uniQure, Regenxbio, Novavaxand Lexeo Therapeutics.
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Analyst Views on GOOGL
Wall Street analysts forecast GOOGL stock price to fall
33 Analyst Rating
26 Buy
7 Hold
0 Sell
Strong Buy
Current: 400.800
Low
305.00
Averages
374.25
High
400.00
Current: 400.800
Low
305.00
Averages
374.25
High
400.00
About GOOGL
Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Google Cloud Platform provides access to solutions such as artificial intelligence (AI) offerings, including its AI infrastructure, Vertex AI platform, and Gemini for Google Cloud; cybersecurity, and data and analytics. Google Workspace includes cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Surge in Chip Demand: Ives highlights a 10-1 demand-supply ratio for chips, indicating unprecedented demand for memory chips, which further validates the bullish thesis on AI and suggests that we are still in the early days of the AI revolution.
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See More
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- Passive Investment Trap: RBC Wealth Management analysts highlight that over 40% of investment funds flow into just 10 companies, creating a 'passive concentration trap' that could lead to substantial market corrections if a few tech giants underperform, necessitating caution among investors regarding potential market risks.
- Earnings Concentration Trend: Goldman Sachs reports that the top tech stocks contributed 53% of the S&P 500's returns last year, with two-thirds of the projected $150 billion earnings increase in Q1 expected from tech and communications services, illustrating the complex relationship between market concentration and profitability.
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See More
