Aptorum Group Limited Announces Up To $6 Million Registered Direct Offering

General Dynamics (GD) won two U.S. military contracts totaling $248.9M. One is a $149.6M contract for USS Pinckney modernization, with potential value up to $149.9M. The other is a $99.3M task order for MUOS Ground Infrastructure Segment upgrades. Both contracts are sole-source and involve work through 2028, funded by fiscal 2026 budgets.

Lockheed Martin Corp received three contract modifications worth over $150 million from the U.S. Department of Defense. The largest, $90.2 million, is for the TRIDENT II Life Extension 2 program, with work spread across multiple locations. The other contracts, $40.1 million and $20.3 million, are for the MK 41 Vertical Launching System and HH-60W repairs, respectively. Completion dates range from 2027 to 2030.

Novartis announced that the Phase III Lp(a)HORIZON trial for pelacarsen did not meet its primary endpoint of reducing cardiovascular events. The study, involving 8,323 patients, showed that while pelacarsen lowered Lp(a) levels, it did not reduce cardiovascular risk. Novartis obtained rights to pelacarsen from Ionis Pharmaceuticals. Elevated Lp(a) affects about 20% of people worldwide and has no approved targeted treatment.

Microsoft, Google, and Dell reported strong earnings and growth. Dell's revenue grew 58% YoY, with AI server backlog at $60.9B. Credo Technology Group saw 115% revenue growth but faced stock decline due to margin concerns. Fervo Energy secured a major geothermal deal with Google. FuelCell Energy and Eos Energy Enterprises also reported updates. The article discusses AI and energy sector trends, highlighting liquidity issues and strong fundamentals.

Lynx Research predicts breakouts for Micron (MU) and SanDisk (SNDK), assigning targets of $1,325 and $2,450, implying 31.7% and 41.9% upside. The firm cites reduced volatility and steady buying in the memory sector. Both companies benefit from tightening supplies and AI demand. MU's volatility eased in August, while industry fundamentals remain supportive.

Postal Realty Trust (PSTL) received a BBB rating from Fitch, joining a prior KBRA rating, which may lower its funding costs. The REIT has 99.8% occupancy and aims to acquire $150-$160M in USPS-leased properties by 2026. Lower costs could aid consolidation in a fragmented market, but risks include tenant concentration and acquisition yield compression.