Alto Neuroscience stock surges 81% after FDA meeting; Gold price surpasses $4000
Key Takeaways
- Alto Neuroscience Inc. (ALTO) stock surged 81% after positive FDA meeting, secured $50M funding.
- International gold price surpasses $4000 per ounce amid US-China tensions and Fed rate cuts.
- Johnson & Johnson (JNJ) shares hit all-time high of $194.40, up 36.83% YTD.
- Plantro Ltd. withdraws $10.25/share Dye & Durham acquisition offer due to financial deterioration.
- Barclays raises price targets for Spanish banks, reiterates 'top pick' status for BBVA.
Top Stories
Alto Neuroscience Inc. stock surges 81% after FDA meeting.
On October 20, 2025, Alto Neuroscience Inc. shares soared 81% following a successful meeting with the FDA regarding ALTO-207, a treatment for treatment-resistant depression. The company also secured $50 million in funding for Phase 2b studies.
International gold price surpasses $4000 per ounce.
On October 20, 2025, the international gold price surpassed $4000 per ounce, supported by factors including US-China trade tensions and Federal Reserve interest rate cuts. Franklin Templeton and Stephen Land believe gold mining is in its most profitable period.
Johnson & Johnson hits all-time high.
On October 20, 2025, Johnson & Johnson shares reached an all-time high of $194.40, driven by strong financial results and positive market sentiment. The company has a market capitalization of $468 billion and a year-to-date return of 36.83%.
Plantro Ltd. withdraws acquisition proposal for Dye & Durham.
On October 20, 2025, Plantro Ltd. withdrew its $10.25 per share acquisition proposal for Dye & Durham Limited due to deteriorating financials, including EBITDA falling below $200 million.
Barclays raises price targets for Spanish banks.
On October 21, 2025, Barclays raised its price targets for Spanish banks and reiterated its 'top pick' status for BBVA, citing resilient third-quarter performance and strong capital ratios.
Analyst's Take
Roberto Fernandes analyzes Magazine Luiza (MGLU3) stock.
On October 20, 2025, Roberto Fernandes published a technical analysis of Magazine Luiza (MGLU3) shares on Investing.com, evaluating whether the stocks will rise or fall. The analysis covers short, medium, and long-term charts, technical indicators, and recent sector news.
Stifel resumes DexCom coverage with Buy rating.
On October 20, 2025, Stifel resumed coverage of DexCom with a Buy rating and a price target of $85.00, citing increasing market share and enthusiasm for the G7 15-day sensor.
Josef Ajram explains 'short squeeze' on Investing.com.
On October 21, 2025, Josef Ajram explained what a 'short squeeze' is and how it works on Investing.com, covering US indices, the crypto market, and company results.
Crypto Watch
Bitcoin closes at $109,165.6.
On October 19, 2025, Bitcoin closed at $109,165.6, marking a +1.84% increase, trading between a high of $109,412.3 and a low of $106,134.9.
Global Economy
ING anticipates slower UK services inflation.
On October 20, 2025, ING's economics team anticipates that slower U.K. services inflation may weigh on the pound in the coming weeks. ING forecasts Wednesday’s UK services inflation reading will be 4.6%, potentially impacting the GBP.
Investment Radar
Expert identifies stocks with explosive growth potential.
On October 20, 2025, financial expert Héctor Chamizo identified three stocks with potential for explosive growth, using InvestingPro's analysis tools. The analysis focused on companies with strong financial ratios and growth catalysts, emphasizing sustained growth and justified valuation.
TAO Synergies Inc. stock up 21.3% after Bittensor token increase.
On October 20, 2025, TAO Synergies Inc. shares rose 21.3% following an announcement about increasing Bittensor (TAO) tokens to 54,058. The company aims to provide access to the decentralized AI sector, which could generate $15.7 trillion in global GDP by 2030.
J.P. Morgan forecasts 6.4% annual return for 60/40 portfolios.
On October 20, 2025, J.P. Morgan Asset Management projected a 6.4% annual return for 60/40 portfolios over the next 10 to 15 years. The company also projects returns for US Treasury bonds, US large-cap stocks, and emerging market stocks.
HoldCo demands First Interstate BancSystem cease acquisitions.
On October 20, 2025, HoldCo Asset Management LP, holding a 3.8% stake in First Interstate BancSystem Inc., demanded the bank cease acquisitions and increase share buybacks, leading to a 7.1% increase in First Interstate's stock price.
Kiniksa Pharmaceuticals Ltd (KNSA) stock reaches all-time high.
On October 20, 2025, Kiniksa Pharmaceuticals Ltd (KNSA) stock reached an all-time high of $39.46 USD, driven by a 95.35% YTD return and a 'GREAT' financial health score from InvestingPro.
Kenon Holdings stock reaches 52-week high.
On October 20, 2025, Kenon Holdings stock reached a 52-week high of 50.11 USD, reflecting a strong annual return of 108.45% and a 9.8% dividend yield. InvestingPro considers the stock slightly undervalued.
ICICI Bank ADR reports Q2 earnings below projections.
On October 19, 2025, ICICI Bank ADR (NYSE: IBN) reported earnings per share of $0.38 and revenue of $3.26 billion for Q2, both below projections.
Market Snapshot
Brazilian Ibovespa up 0.17%, dollar down, futures rise.
On October 20, 2025, Brazil's Ibovespa rose 0.17% to 143,648.61 points, supported by bank stocks, while the dollar fell to R$ 5.39; global optimism was fueled by a rise in New York futures.
UK shares close higher, led by Aerospace & Defense and Industrial Metals.
On October 20, 2025, United Kingdom shares closed higher, with the Investing.com United Kingdom 100 index rising 0.51%. Gains were led by sectors like Aerospace & Defense and Industrial Metals & Mining, while B&M European Value Retail SA hit an all-time low.
Wall Street futures edge higher.
On October 20, 2025, Wall Street futures edged higher with Dow up 0.1%, S&P 500 up 0.17%, and Nasdaq up 0.25%, as investors awaited third-quarter earnings from S&P 500 companies.
US stock futures stable after Wall Street rally.
On October 21, 2025, US stock futures remained stable after a rally on Wall Street, with the S&P 500 and Dow Jones rising. Confidence improved due to hopes of an end to the government shutdown and positive results from Zions Bancorporation.
Israeli stock market closes down.
On October 19, 2025, the Israeli stock market closed down, with the TA 35 index decreasing by 1.14% due to negative performance in the communications, real estate, and technology sectors.