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Amazon launches AI research tool to speed early-stage drug discovery

Amazon launches AI research tool to speed early-stage drug discovery
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Ja Morant Season Officially Over After Elbow PRP Injection as Grizzlies Eye 2026-27 Rebuild
MEMPHIS, Tenn. — Memphis Grizzlies star Ja Morant will miss the remainder of the 2025-26 NBA season after receiving a platelet-rich plasma injection to address lingering discomfort from a sprained ulnar collateral ligament in his left elbow, the team announced on March 25.

The two-time All-Star, limited to just 20 games this season due to multiple injuries, is expected to make a full recovery ahead of the 2026-27 campaign. Morant has not played since late January, when the elbow issue first surfaced and sidelined him for the long term.
“Morant continues to progress in his rehabilitation of a UCL sprain in his left elbow,” the Grizzlies said in a statement. “Following a recent consultation to advise on lingering discomfort, it was recommended that Morant receive a PRP injection to further optimize ligament healing. Morant will begin offloading the elbow following the injection and will miss the remainder of the 2025-26 season, but he is expected to make a full recovery ahead of the 2026-27 season.”
The decision to shut down Morant for the rest of the year came after follow-up imaging showed incomplete healing despite earlier progress in rehab. The PRP injection, a regenerative treatment commonly used to promote ligament and tendon healing, aims to accelerate recovery while minimizing the risk of setbacks that could carry into next season.
This latest injury caps what has been a deeply frustrating campaign for the 26-year-old point guard and the Grizzlies franchise. Morant appeared in only 20 games, averaging 19.5 points, 8.1 assists, 3.2 rebounds and 1.0 steal per game while shooting 41% from the field. His absence has been felt acutely as Memphis struggled to a 24-47 record and sits near the bottom of the Western Conference standings, already shifting focus toward a potential rebuild after trading star big man Jaren Jackson Jr. earlier in the season.
The elbow sprain first emerged in mid-January, initially expected to sideline Morant for several weeks. By early March, the team had hoped for a possible return around late March, but persistent discomfort and incomplete healing on imaging led to the more conservative approach. Earlier in the season, Morant also dealt with a right calf contusion that caused him to miss games, including the NBA Berlin Game against the Orlando Magic in January.
Morant’s injury history has become a growing concern for the organization and fans. Over the past three seasons, he has appeared in just 79 games combined, raising questions about durability for a player whose explosive, high-flying style once defined his game. The Grizzlies have been cautious this time, prioritizing long-term health over a potential late-season push that held little playoff implication given the team’s record.
General manager Zach Kleiman addressed Morant’s situation during recent exit interviews and roster discussions, describing the guard as a professional who has engaged in open and respectful dialogue with the front office. While Kleiman stopped short of guaranteeing Morant’s long-term future in Memphis amid swirling trade rumors, he emphasized the player’s commitment behind the scenes during his recovery. Morant has publicly expressed his desire to remain with the Grizzlies, but the franchise’s direction remains fluid as it evaluates its roster heading into the offseason.
The absence of Morant, combined with other season-ending injuries such as Brandon Clarke’s right calf strain and Zach Edey’s elbow procedure, has forced younger players and recent acquisitions into larger roles. The Grizzlies have leaned on backcourt depth including Ty Jerome, Walter Clayton, Cam Spencer and Javon Small, but the lack of star power has contributed to inconsistent performances.
For Morant, the extended time off provides an opportunity to fully address the elbow issue and reset physically. PRP injections typically require a period of reduced stress on the affected area followed by gradual rehabilitation. Medical experts note that while such treatments can be effective for ligament sprains, success depends on proper offloading and a structured return-to-play protocol to avoid re-injury.
Fans and analysts have expressed mixed reactions to the news. Some highlight Morant’s highlight-reel ability and leadership when healthy, pointing to his past All-NBA caliber play and the excitement he brings to the game. Others worry that recurring injuries could derail his prime years, sparking online debates about whether his athletic style increases vulnerability or if bad luck has simply compounded.
The Grizzlies’ decision aligns with a broader league trend of protecting star players during lost seasons to ensure availability for future campaigns. With the 2026-27 season approaching, Memphis will look to build around a healthy Morant, potentially adding complementary pieces through the draft, free agency or trades.
Off the court, Morant’s situation has drawn attention to player health management in the NBA. The league’s grueling 82-game schedule, combined with the physical demands on guards who attack the rim aggressively, has led to increased focus on load management and advanced recovery techniques like PRP.
As the regular season winds down, the Grizzlies have turned their attention to evaluation and planning. Exit interviews provided insight into team dynamics, with Morant’s absence from some sessions noted but not interpreted as a major red flag by the organization. Kleiman reiterated that conversations with Morant remain positive, though the franchise must balance loyalty to its former No. 2 overall pick with the need for sustainable success.
Looking ahead, Morant’s full recovery timeline points to availability for training camp in the fall of 2026. The Grizzlies will monitor his progress closely over the summer, with potential imaging and functional testing to confirm readiness. If he returns at full strength, his combination of speed, vision and scoring punch could once again elevate a young core.
In the meantime, the team continues to play out its remaining games with an eye toward development and positioning for the 2026 NBA Draft. The lottery odds could improve with a lower finish, offering a chance to add talent around Morant or reshape the roster if difficult decisions arise.
Morant’s story this season underscores the unpredictable nature of sports injuries. A player once celebrated for his jaw-dropping dunks and playmaking flair has spent more time rehabbing than competing, testing his resilience and the patience of a fan base that has rallied behind him through past controversies and triumphs.
With the 2025-26 season effectively over for the star guard, all eyes now turn to his rehabilitation journey and what the next chapter holds for both Morant and the Memphis Grizzlies. A healthy return in 2026-27 could reignite excitement in FedExForum, while any further setbacks would intensify scrutiny on his availability and the franchise’s long-term vision.
For now, the focus remains on conservative management and optimism for a strong comeback. Ja Morant’s talent remains undeniable — the challenge is keeping him on the court long enough to let it shine consistently once again.
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Gold Surges 1.54% to $4,816 as Investors Flock to Safe Haven Amid Geopolitical Easing and Dollar Weakness
NEW YORK — Gold prices climbed sharply Wednesday, rising 1.54% to $4,816.30 per ounce as investors sought refuge in the precious metal despite signs of de-escalation in the U.S.-Iran conflict, with easing oil pressures and a softer U.S. dollar providing fresh momentum to the ongoing bull run.

The spot price of gold gained $72.97 by mid-morning trading on April 15, 2026, extending a remarkable rally that has seen the metal trade well above $4,700 for much of the year. Futures on the COMEX also advanced, reflecting broad-based buying interest from both institutional players and retail investors navigating an uncertain global backdrop.
Analysts attributed the latest leg higher to a combination of factors: lingering concerns over fiscal sustainability in major economies, continued central bank accumulation, and expectations that any lasting Middle East ceasefire could pave the way for lower interest rates without derailing the safe-haven appeal. Even as oil prices moderated following diplomatic progress, gold refused to cede ground, underscoring its role as a long-term hedge rather than a short-term energy play.
The rally comes after a volatile period tied to the U.S.-Iran tensions that flared in late February. Gold initially faced selling pressure as investors liquidated positions to cover losses elsewhere during the height of the conflict, but it has since rebounded strongly. A fragile two-week ceasefire announced earlier in April helped stabilize energy markets, yet prices have remained elevated near historic levels, trading in the $4,700-$4,850 range in recent sessions.
Central banks have been aggressive buyers, adding hundreds of tonnes to reserves as they diversify away from the U.S. dollar amid geopolitical fragmentation and concerns over American fiscal dominance. Emerging markets in particular have accelerated purchases, viewing gold as a neutral asset less susceptible to political weaponization. This structural demand has provided a solid floor under prices even during temporary risk-on periods.
The weaker dollar also supported the move. A softer greenback makes dollar-denominated gold more attractive to foreign buyers, amplifying gains when the currency index slips. Recent Federal Reserve commentary has kept alive hopes for measured policy easing later in 2026, though officials remain data-dependent amid sticky inflation readings influenced by earlier energy spikes.
Producer Price Index data released this week showed moderate increases, helping ease some immediate inflation fears while reinforcing the view that gold can thrive in a low real-yield environment. With U.S. debt levels exceeding $39 trillion and monthly interest payments rivaling major budget categories, many investors see bullion as protection against potential monetary debasement.
Gold’s performance stands in contrast to its traditional behavior during past conflicts. While safe-haven buying often intensifies with outright escalation, the current environment features layered risks: unresolved underlying tensions in the Middle East, trade frictions involving major economies, and domestic policy uncertainties in Washington. These have kept demand resilient even as short-term oil volatility subsides.
Market participants noted strong inflows into gold-backed exchange-traded funds and physical holdings. ETF holdings have grown substantially in 2026, with institutional allocators increasing exposure as part of broader portfolio diversification strategies. Mining stocks also participated in the upside, with major producers posting gains on improved margins at current price levels.
Technically, gold has broken above key resistance zones and is consolidating near all-time highs. Analysts point to the $5,000 psychological barrier as the next major milestone, with some forecasting potential moves toward $5,900 or higher by late 2026 if stagflation risks materialize or the dollar weakens further. Support levels are seen around $4,600-$4,700, where buyers have stepped in aggressively during previous dips.
The surge has broader economic implications. Higher gold prices benefit producing nations and mining companies but can signal underlying investor unease about traditional financial assets. Jewelry demand in key markets like India and China has shown mixed trends, with price sensitivity affecting retail purchases, while industrial uses for the metal remain steady.
Silver, often moving in tandem with gold, also posted gains, rising several percent in recent sessions. The gold-silver ratio has fluctuated but remains elevated by historical standards, suggesting potential catch-up upside for the white metal if industrial demand strengthens alongside safe-haven flows.
For individual investors, the current environment offers opportunities but also requires caution. Financial advisers recommend viewing gold as a portfolio diversifier rather than a short-term trading vehicle, given its volatility. Physical bullion, ETFs, mining equities and futures all provide different risk-reward profiles depending on an investor’s time horizon and risk tolerance.
The rally has drawn comparisons to previous bull markets, including the inflation-driven surge of the 1970s, though today’s drivers blend classic safe-haven demand with modern concerns over currency trust and geopolitical realignment. Central bank buying, which hit record levels in recent years, shows little sign of abating as nations seek to reduce reliance on any single reserve currency.
As trading continues, attention turns to upcoming economic data, Federal Reserve speeches and any further developments in Middle East diplomacy. A durable peace could temper some upside, but structural factors — including massive global debt burdens and persistent uncertainty — suggest the bull case remains intact for many market observers.
Gold’s climb to $4,816 demonstrates its enduring appeal in turbulent times. Whether the latest gain marks continued consolidation or the start of another leg toward fresh records will depend on the interplay of monetary policy, geopolitical headlines and investor sentiment in the weeks ahead.
With central banks, institutions and retail participants all participating in the move, the yellow metal continues to shine as a barometer of global anxiety and a preferred store of value when confidence in paper assets wavers.
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Leading the Shift to AI in Law
The legal industry is not known for moving fast. But Monica Goyal has built her career by doing exactly that.
She sits at the intersection of law and technology. And for more than a decade, she has helped push the legal field toward a more modern, accessible future.
Today, as VP of Legal Innovation at Briefly Legal, she leads enterprise AI transformation across multiple legal entities. But her path to this role was anything but traditional.
“I work in legal innovation,” she says. “To be successful, you need to understand both the law and the technology behind it.”
From Engineering to Law: A Non-Traditional Path
Monica Goyal did not start her career thinking she would become a legal innovator.
She grew up in Toronto and pursued engineering first. She earned a BASc in Electrical Engineering from the University of Waterloo. Then she went on to complete a master’s degree in Electrical Engineering at Stanford.
That technical foundation would later shape her entire career.
After engineering, she made a shift. She earned her law degree from the University of Toronto and was called to the bar in 2009. She also became a licensed Professional Engineer.
This dual background gave her a unique edge.
“I’ve always worked between two worlds,” she explains. “That’s where I’ve found the most opportunity.”
Building Early in Legal Tech Before It Was Popular
Before legal tech became a buzzword, Monica was already building in the space.
In 2010, she founded My Legal Briefcase. At the time, the idea of using technology to improve legal access was still early.
“It was an early-stage legal tech company,” she says. “The field wasn’t mainstream yet.”
The platform grew to serve over 5,000 users. It focused on improving access to legal tools and services.
She later founded Aluvion Law, running her own practice focused on business and technology law.
These experiences gave her a deep understanding of both the business of law and the limits of traditional systems.
“I wanted to make a difference to the profession,” she says. “But also create impact for people who can’t afford legal services.”
Teaching and Shaping the Next Generation of Lawyers
Alongside building companies, Monica spent years teaching legal technology.
She held roles as an adjunct and visiting professor at Osgoode Hall Law School. She also developed courses and led programs at the Institute of Future Law Practice. She also was formerly a lecturer at Lincoln Alexander Law School. In her current role within Briefly she works with lawyers and law firm staff on the training and use of legal AI solutions.
Her focus is clear. The next generation of lawyers must be ready for change.
“Legal tech can help bridge the gap,” she says. “But people need to understand how to use it.”
Her teaching reflects her career. It blends practical tools with big-picture thinking.
Leading AI Transformation in Legal Services
Monica’s current role at Briefly Legal puts her at the center of one of the biggest shifts in the legal industry: AI.
She leads enterprise AI transformation across four legal entities. Her work includes generative AI and workflow automation.
This is not just about tools. It is about changing how legal services are delivered.
“Little steps over a year can have a huge impact,” she says. “That’s how I approach long-term change.”
Her approach is structured. She sets long-term goals each year and works toward them daily.
This steady execution has helped her stay ahead in a fast-moving field.
Overcoming Barriers and Staying Focused
Monica is open about the challenges she has faced.
“I would say one of the biggest hurdles is my gender and ethnicity,” she says. “I just have to work hard and keep talking to people to break down those barriers.”
Like many leaders in emerging fields, she has also dealt with self-doubt.
“I’m plagued with self-doubt,” she admits. “I do lots of meditation. I focus on the positive and work with people who lift me up.”
She credits strong support systems and mentorship for helping her stay on track.
Measuring Success by Impact, Not Titles
For Monica, success is not about titles or milestones.
“It’s hard to measure,” she says. “I think it’s about impact. Anecdotal feedback and what you see changing.”
That mindset aligns with her broader mission. She wants to improve the legal system, not just work within it.
Her work in AI, education, and legal tech all point to the same goal: making legal services more accessible and efficient.
A Leader in a Changing Industry
Monica Goyal’s career reflects where the legal industry is going.
It is becoming more technical. More data-driven. More focused on access and efficiency.
She has helped shape that shift from the inside.
At the same time, she stays grounded in simple habits.
She sets goals. She works through them daily. She makes time for balance.
“It’s important to have both in life,” she says. “You can’t just work all the time.”
In an industry known for tradition, Monica continues to push forward.
Not by chasing trends. But by anticipating where technology and law are headed.
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Quantifying Software Risk In CLOs
FTSE Russell is a leading global provider of index and benchmark solutions, spanning diverse asset classes and investment objectives. As a trusted investment partner we help investors make better-informed investment decisions, manage risk, and seize opportunities.Market participants look to us for our expertise in developing and managing global index solutions across asset classes. Asset owners, asset managers, ETF providers and investment banks choose FTSE Russell solutions to benchmark their investment performance and create investment funds, ETFs, structured products, and index-based derivatives. Our clients use our solutions for asset allocation, investment strategy analysis and risk management, and value us for our robust governance process and operational integrity.For over 40 years we have been at the forefront of driving change for the investor, always innovating to shape the next generation of benchmarks and investment solutions that open up new opportunities for the global investment community.
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Citigroup (C) earnings 1Q 2026
Jane Fraser, CEO of CitiGroup, speaking at the World Economic Forum in Davos, Switzerland on Jan. 20th, 2026.
Oscar Molina | CNBC
Citigroup beat on the top and bottom lines during the first quarter.
Here’s what the firm reported on Tuesday, compared with Wall Street estimates compiled by LSEG:
- Earnings per share: $3.06 vs. $2.65 estimate
- Revenue: $24.63 billion vs. $23.55 billion estimate
Those results marked the firm’s best quarterly revenue in a decade and a 56% year-over-year jump in earnings per share.
Citigroup posted net income of $5.8 billion, or $3.06 per share, compared with $4.1 billion, or $1.96 per share, a year earlier. Revenue rose 14% to $24.63 billion.
Citigroup’s return on tangible common equity, a measure of profitability, came in at 13.1%, the highest since 2021 and above the firm’s goal of between 10% and 11% ROTCE.
CEO Jane Fraser said in a statement the bank is on track to deliver that ROTCE target this year and said of the firm’s recent streamlining, “We’ve entered into the final phase of our divestitures and 90% of our transformation programs are now at or near our target state.”
Citigroup, whose stock is the best performer year to date among the large banks, has gotten a boost from its turnaround effort and relatively low valuations. The firm has been streamlining its operations and working through several regulatory consent orders, which it reportedly expects to complete this year.
However, with its global footprint, Citigroup is also perceived to be more impacted by the geopolitical environment than many of its peers.
The bank’s markets division was a big driver of its first-quarter beat, with its larger, fixed income division gaining 13% to $5.2 billion in revenue, topping the StreetAccount estimate of $4.68 billion. Equities jumped 39% to $2.1 billion, beating the estimate by about $500 million.
Investment banking came in light compared with estimates, except for equity underwriting, which was $208 million and beat estimates of $186.3 million, according to StreetAccount. The unit comprising services showed revenue that increased by 17% in the quarter to $6.1 billion and surpassed Wall Street expectations of $5.8 billion.
Citi’s wealth and U.S. consumer cards divisions were slightly reconfigured in the quarter and not comparable to estimates. However, they each saw gains thanks to Citigold and retail banking.
The firm’s provision for credit losses was higher than expected — at $2.81 billion versus $2.64 billion expected, per StreetAccount — due to net credit losses in consumer cards and an allowance for credit loss build of $579 million.
Expenses were higher by 7% due to severance and foreign exchange translation.
— CNBC’s Laya Neelakandan contributed to this report.
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