SCYNEXIS Reports First Quarter 2025 Financial Results and Provides Corporate Update

Bravo Mining's Luanga project in Brazil saw its after-tax NPV rise 16% to $1.45B (C$2B) in a new study, with a 35% IRR and 2-year payback. The update includes a smelter, increasing capital but improving economics. Bravo aims to apply for an installation license this year. Shares fell 1.5% to C$3.21.

GameStop CEO Ryan Cohen bought 1.15 million shares, spending $26.4 million. His holdings now total 40.49 million shares. The purchase was not pre-scheduled. Shares rose 3.8% Tuesday. Cohen and three directors recently bought shares. GameStop proposed acquiring eBay for $55.5 billion, which was rejected. Cohen is considering a partnership instead.

The U.S. State Department approved a $159 million deal for Boeing (BA) to provide aircraft ferry support and related equipment to Japan. Boeing will act as the principal contractor, according to the department's statement.

Leidos (LDOS) won a $127M U.S. Army contract to extend ARTEMIS airborne ISR mission through 2027, with option years. The contract supports intelligence, surveillance, and reconnaissance operations in Europe and other regions. Leidos provides the aircraft, systems, and services. The contract aligns with Leidos' NorthStar 2030 strategy, expanding its Defense Tech and Mission & Digital Solutions portfolio.

Evercore ISI analyst Greg Melich reaffirmed a Buy rating and $1,100 price target for Costco (COST) ahead of its Q4 earnings. He expects focus on membership fees, tariff refunds, and cash balance. Wall Street anticipates $94.85B revenue and $6.55 EPS, up 10% and 12% YoY respectively. Costco reported fiscal 2026 net sales of $297.3B, up 10.2%.

Apple has opened a claims window for a $250M settlement with iPhone users who alleged misleading claims about Siri's features. Eligible users, who bought specific iPhone models between June 2024 and March 2025, can claim up to $95 per device. Claims must be submitted by Dec. 21, 2026, and payments depend on the number of valid claims. Apple denies wrongdoing.