Elon Musk’s Lawsuit Could Cost OpenAI More Than $1 Billion
The Takeaway
- Musk could win more than $1 billion
- The jury would decide on the monetary amount of damages at a trial
- The court is unlikely to reverse OpenAI’s restructuring
When OpenAI announced that it had completed its corporate restructuring last month, it became less likely that Elon Musk’s federal lawsuit against the company would foil OpenAI’s plans. Musk hasn’t given up, but even if he wins the case, he is unlikely to inflict any meaningful damage on OpenAI.
There’s a decent chance that the case will go to trial in March. If Musk wins some of his claims, a victory could cost OpenAI more than $1 billion, according to an analysis by three law professors of the remedies he is seeking. That’s a drop in the bucket for OpenAI, which plans to spend $40 billion on computing next year alone and was recently valued at $500 billion. And it’s small change for Musk, whose stake in Tesla alone is worth $300 billion.
And that’s the most money OpenAI could pay. If the court decides in Musk’s favor but thinks compensating him for his losses is sufficient, the damages could amount to as little as a repayment for the $38 million he initially donated to OpenAI.
Musk last year sued OpenAI and some of its founders, claiming that they engaged in fraud and breach of contract when they started a for-profit unit of OpenAI, which began as a nonprofit research lab.
The Tesla CEO had donated $38 million to the nonprofit, along with four Teslas. He has argued that OpenAI violated its original agreement with him by raising tens of billions of dollars from Microsoft and other investors and pursuing profits instead of its charitable mission. OpenAI, which expects to generate $13 billion in revenue this year, is losing money. But it’s projected to generate $38 billion in cash in 2030.
For the case to go to trial, Musk’s claims must survive OpenAI’s latest legal challenge, which asks for an early ruling against him. OpenAI has argued that Musk does not have standing for some claims because he donated through donor-advised funds, or a type of charitable vehicle operated by an investment firm, which “severed Musk’s legal interest in the funds.” Musk counters that he still has the right to sue because the intermediaries acted on his behalf.
In each of the four claims that could go to trial, Musk asks for a payout that goes beyond what he initially donated to OpenAI. The court could decide OpenAI needs to pay Musk much more than his original donation if it agrees that OpenAI should give up assets “traceable” back to Musk’s donations, meaning what a $38 million investment in OpenAI would be worth today. That could cost OpenAI over $1 billion, according to Anupam Chander, who teaches AI regulation as a law professor at Georgetown University.
However, that would be an aggressive remedy for the court to award, said Ira Steinberg, a partner at Los Angeles–based law firm Greenberg Glusker who specializes in companies’ disputes over technology. That kind of remedy is typically for instances when regular damages, in this case compensating Musk for his losses, would be inadequate, he said. It’s more likely the court would require OpenAI to return the amount Musk donated, he said.
The court could additionally award Musk punitive damages to punish OpenAI for bad behavior, but they would not exceed nine times the other damages, and a multiple that high would be unlikely, said Steinberg.
Nettlesome to OpenAI, lawyers for either side could introduce depositions made by Altman, President Greg Brockman and other senior executives at a potential trial. These could expose details about private negotiations, as the recently made public deposition of co-founder Ilya Sutskever did.
If OpenAI does have to pay up, it would probably opt for cash rather than equity. Courts typically prefer defendants to pay damages with money, and Musk did not ask for equity in his complaint, noted Charlie Bullock, a senior research fellow at the Institute for Law and AI, a legal think tank.
That should come as a relief to the investors that have sunk more than $60 billion into the company and risk dilution—a drop in the value of their investment—if it issues more shares.
A spokesperson for OpenAI said in a statement “that Mr. Musk is even continuing with this baseless and time-wasting lawsuit only goes to show it was always just part of his ongoing pattern of harassment.”
Restructuring Risk Fades
Of course, even the biggest cash payout pales beside the real risk that OpenAI had faced from the Musk suit: that it could have derailed the restructuring. This process, which OpenAI completed late last month, allowed it to finalize a $41 billion fundraising led by SoftBank and will eventually make it possible to hold a public offering.
Such a risk is now much less likely after the California and Delaware attorneys general said they wouldn’t block the restructuring. At a hearing in February, the judge overseeing the Musk lawsuit said that the attorneys general represent the public, so their investigations could be sufficient to determine whether the restructuring should be allowed to proceed.
Even Musk’s own attorney, Marc Toberoff, argued at the same hearing that reversing the lawsuit could be tough, saying that if the restructuring proceeds, “it will be impossible to unwind these transactions.”
A different lawyer for Musk also argued more recently that “the closing of this latest transaction has no impact on Plaintiffs’ monetary claims and does not preclude the Court from awarding appropriate injunctive relief.”
Still, now that the restructuring has occurred, it would be tricky to unwind in practice. For one thing, the judge overseeing the case could defer to the attorneys general for California and Delaware.
For another, reversing the restructuring would be very disruptive to OpenAI. “It would be very surprising to me if a court decided to step in and take one of the largest companies in the world and do that kind of screwing with it,” especially based on a handshake deal between Musk and Altman, Bullock said.
Spotify’s new features let listeners explore the people and stories behind their favorite music
On Wednesday, Spotify announced new features designed to showcase the people behind users’ favorite music, including producers, engineers, songwriters, background vocalists, and more. The company will also release tools that show how songs are connected and what inspired them.
The second set of tools is showcased in a new, interactive feature called SongDNA, which shows which songs are being sampled in a given track, who has covered the tune, and what other projects the song’s collaborators may have been involved in.

Image Credits:Spotify
TechCrunch reported in October that Spotify was developing the SongDNA feature as a way to help users discover music through a song’s credits, after references to the feature were spotted in the app’s code by reverse engineer Jane Manchun Wong. With SongDNA, Spotify users could explore the other projects that the artists, musicians, and others who worked on a track are involved with.
Previously, the Song Credits feature had only featured the topline performance, songwriting, and production credits.
References to the sampled music, meanwhile, come from the online community-built database WhoSampled, which Spotify has acquired. Notably, the streaming service TIDAL also offers interactive credits that let users explore music through the contributors behind the songs.

Image Credits:Spotify
Spotify has also planned a feature called “About the song,” which will allow listeners to explore swipeable cards in the “Now Playing” view. Those cards will offer details like what inspired the song, the stories behind the music, the cultural impact, and more. These stories are sourced from third-party resources, which will be linked in the cards.
This type of background information about music is something Spotify has offered in previous years, when it partnered with lyrics site Genius on a feature that offered details on certain tracks’ backstories. However, that feature was limited to those stories Genius had in its database. The upcoming feature will link out to various places on the web, screenshots show, including informational sites like Wikipedia, as well as news sites.

Image Credits:Spotify
Spotify says the expanded Song Credits will roll out starting Wednesday on mobile devices and will come to desktop in the months ahead.
SongDNA and About the Song will only be available to Premium subscribers. However, these features won’t launch until early next year, initially as Spotify for Artists Preview. This will allow those involved with the music to have a chance to preview the features first and ensure the credits are accurate before they’re made available to the wider public.
The Private Wellness Clubs That Charge Members Up to Thousands a Month
Private wellness clubs are opening around the country, built for the era of self-optimization and sober curiosity. You might need a referral to get in.
Tomas El Rayess wasn’t looking to join another private club.
“I’ve been a member of a country club and I’ve been a member of Soho House, and I was never fully satisfied,” says El Rayess, 49, a culinary medicine chef in Los Angeles. “It was great socially, but it involved only socializing.” Everything revolved around alcohol, he says; he wanted a place where he could meet new people and improve his overall well-being. Less drinking, more cold-plunging.
When Hume opened in his Venice neighborhood in 2024, he found what he had been missing. Part gym, part spa and part social club, the space is designed for the wellness-minded and aesthetically conscious. “A luxurious sanctuary with equipment that looks like art” is how a local recommendations site describes it.
At $450 a month with a $500 initiation fee, Hume is pricier than Equinox, but it’s also something new: a private wellness club built for the era of self-optimization and sober curiosity. Similar businesses are popping up all over the country, pitching themselves as one-stop shops for workouts, recovery and healthy fun. Membership runs from hundreds to thousands of dollars a month—and that’s assuming you make it through the application process.
At New York’s Continuum, where membership starts at $40,000 a year, founder and CEO Jeff Halevy says a committee vets applicants to “make sure that they’re aligned with the club, with the health philosophy and in the cultural ethos.” New members go through an onboarding process that includes “performance-based bloodwork,” a DEXA scan to measure body composition and bone density and metabolic panels. They also receive an Oura ring; Continuum uses the information it gathers to help members optimize their workouts and routines.
Most of these clubs do not request blood samples. They typically ask applicants for links to social-media accounts, short bios and referrals from current members. El Rayess says when he applied to Hume in fall 2024, the process involved a simple questionnaire and a tour of the space, after which he joined for $395 a month with a $500 initiation fee. Now, in addition to hot-yoga classes, core and mobility exercises in the gym, and cycling between the sauna, steam room and cold plunge, he gets writing done at the rooftop cafe and attends Saturday socials, where members are allowed to bring guests.
Business owners are betting that the wealthy and wellness-obsessed will pay more for an elevated, social experience.
“Instead of going into a gym, where you can smell rubber and hear people grunting, I wanted to have it feel like a mix between a home and an art gallery,” says Sandy Bole, the co-founder of Hume, over a foam-top pistachio-milk matcha. “The home is really welcoming and cozy, and the art gallery is inspiring and a little bit more edgy.” The name stems from the French word humer, which means to sense or smell.
“It’s gotta be warm and almost womblike in a way that you feel very appeased as soon as you walk in, and then you bring your guard down,” says Bole, a native of France. He says that the club recently capped its membership to make sure the space doesn’t feel crowded.
When Krista Berlincourt, 39, first heard about Hume, she was skeptical. “I was wary this would feel like an Instagrammy cesspool,” she says. “Genuinely, I was worried it would be full of people on their phones.” (There are no phones allowed in Hume’s classes, she’s since learned.)
But Hume won her over when several of her favorite instructors from other studios joined to teach. Being part of a club has given her back some of the perks of a full-time job, like watercooler conversation.
“That combined with the vibe of a spa,” she says.
os Angeles has become a playground of private wellness clubs: Three miles north of Hume is the Proper Hotel in Santa Monica, which launched its own club in March. Members pay $6,000 annually (and a $2,500 initiation fee) for access to its newly revamped gym, recovery suite, lounge and fitness classes.
Brad Korzen and Brian De Lowe, who co-founded the Proper with Alex Samek, decided to open the hotel’s wellness offerings to nonguests after the Palisades fire. People who had evacuated their homes and temporarily moved into the hotel wanted continued access to its top-of-the-line facilities after they left. As wellness enthusiasts themselves, Korzen and De Lowe got it—and the idea of another revenue stream certainly didn’t hurt.
Santa Monica’s Proper Club has just under 100 members to date. A second location at the Proper Hotel in Austin, Texas, has about 75 members. Both clubs intend to cap membership at around 200. There is a waitlist, the founders say; prospective members must meet with the club team in person before they’re accepted.
Before the Proper’s club opened, content creator Julia Corot says she visited the San Vicente Bungalows, a private club with locations in Los Angeles and New York. “It’s more of a restaurant,” she says, with lounges where people can work or chat. What she wanted was a space where she could socialize and “play sport.”
Heimat, the West Hollywood application-only wellness club, appealed to her. In addition to group classes, a Himalayan salt dry sauna, and a recovery and beauty spa, there’s a rooftop pool and a restaurant that’s open to the public. Membership runs $350 monthly (with a $350 initiation fee), but Corot says “it’s too far away for me to cross the 405 [freeway] every day.” (“Many of our members that live across town tell us they find the drive worthwhile because it becomes their one destination for everything they need in a day,” a Heimat spokesperson says.)
Corot, 40, instead joined the Proper’s club as a founding member, paying $5,000 for the first year, plus the $2,500 initiation fee and taxes. “It’s a social club, but more for singles,” she says.
In New York, the lifestyle brand Kith is opening a members-only padel and wellness club in Greenwich Village called Kith Ivy. It will feature a fitness center and a Giorgio Armani luxury spa with high-end treatments, as well as a Jacuzzi, sauna, steam rooms and cold plunges. Members can nosh on Moroccan Mediterranean fare from Cafe Mogador in the “living room” of the space. There will also be a “tonic bar” from Erewhon, featuring the gourmet L.A. grocer’s famously expensive and elaborate smoothies.
Also in the neighborhood is Continuum, which opened in September 2024.
“I mean this in the most humble way possible, but what we’re doing is one of one,” says Continuum’s Halevy. The brand made a splash when it launched thanks to its eye-popping $100,000 annual membership—a price that makes the current starting rate of $40,000 sound reasonable. “I didn’t wake up one morning and say to myself, My next business is going to be yet another place where wealthy people can hang out,” Halevy says.
Continuum sees itself as a tech company first. “We’ve got a proprietary technology that takes in an unparalleled stack of biometric data and is able to use that data to drive the member journey,” Halevy says.
That data allows the club to make precise recommendations. “Your poor night’s sleep can literally change the amount of weight on a single set that you might be doing in your exercise program the very next day,” Halevy says.
The facility offers premium gym equipment, full-body red-light therapy, hyperbaric oxygen therapy, a Finnish sauna, cold plunges, a float therapy pool, and a team of coaches and clinicians to assist members at no extra cost.
“Our model is all-inclusive,” he says. Entrées, light bites and smoothies are all available on-site for members at no extra cost. Halevy says the club’s capacity is 250 members, which it expects to hit in 2026. He’s already eyeing a second location.
US and Russian officials draft new peace plan for Ukraine
Sweeping 28-point proposal would include territorial concessions and rollback of American military assistance
The Trump administration and Russian officials have drawn up a sweeping new proposal to end Russia’s war in Ukraine that envisions major concessions from Kyiv and urged President Volodymyr Zelenskyy to accept it, according to several people briefed on the effort.
A group of Russian and American officials were involved in the creation of the plan, which is still at a framework stage, a person familiar with the talks told the Financial Times. One of its architects is Kirill Dmitriev, the head of Russia’s sovereign wealth fund and a close ally of President Vladimir Putin, two people familiar with the plan said.
The plan was conveyed to Kyiv this week by US President Donald Trump’s special envoy Steve Witkoff, who met the current secretary of the national security and defence council of Ukraine and former defence minister, Rustem Umerov, in Miami to go over its 28 points, said two people familiar with the talks. They said Witkoff had made clear he wanted Zelenskyy to accept the terms even though they included points that have long been red lines for Ukraine.
One of the people said it would amount to Ukraine giving up its sovereignty if Kyiv accepted the plan as such and called the effort a Russian attempt to “play” the Trump administration, which they said was eager to “show progress” on a deal.
According to three people with direct knowledge of the document, the draft plan would require Ukraine to cede the remainder of the eastern Donbas region — including land currently under Kyiv’s control — and cut the size of its armed forces by half.
Crucially, it also calls for Ukraine to abandon key categories of weaponry and would include the rollback of US military assistance that has been vital to its defence, potentially leaving the country vulnerable to future Russian aggression.
Additionally, no foreign troops would be allowed on Ukrainian soil and Kyiv would no longer receive western long-range weapons that can reach deep inside Russia.
It would also stipulate that Russian be recognised as an official state language in Ukraine and grant official status to the local branch of the Russian Orthodox Church — provisions echoing long-standing Kremlin political objectives.
The person familiar with the document described it as a very generic document that was “heavily tilted towards Russia”.
Another person briefed on the plan called it “very comfortable for Putin”.
“It’s not a plan but a mix of real, practical proposals with good intentions,” a Russian person familiar with the situation said. “Part of it is absolutely unacceptable for the Ukrainians,” he added.
Officials in Kyiv briefed on the plan said it closely aligned with the Kremlin’s maximalist demands and said it would be a non-starter for Ukraine without significant changes.
But one of the people briefed on it was less pessimistic, saying, “the Americans are pressing Moscow to clearly articulate what their expectations actually are to actually start the negotiations”.
The proposal comes as Zelenskyy’s political position has weakened amid a widening corruption scandal involving several close allies.
The fallout has emboldened opposition figures and triggered dissent within his Servant of the People party. Some MPs have publicly called for the dismissal of the president’s chief of staff, Andriy Yermak, and proposed a unity government that would dilute Zelenskyy’s authority.
But it has also given Washington a window of opportunity to apply renewed pressure on Kyiv to reach a deal on terms that would be less than favourable.
The Kremlin and a spokesperson for Dmitriev did not immediately reply to a request for comment.
The White House did not immediately respond to a request for comment.
The existence of the plan was first reported by Axios.
Oil prices fell sharply on reports of the proposal, as traders bet that peace talks would reduce oil supply risks linked to the announcement last month of US sanctions on Russian oil companies Rosneft and Lukoil.
Brent crude prices fell almost 3 per cent to $63.17 during morning trading in New York, while US West Texas Intermediate, the benchmark for US crude, traded to a low of $58.77.
“Oil prices have been supported by the threat of sanctions and any move towards peace talks and less stringent enforcement by Washington is likely to shift the market focus towards oversupply concerns,” said Kevin Book, head of research at ClearView Energy Partners, a Washington-based consultancy.
Dmitriev visited Washington in late October, after the US imposed sweeping sanctions on Rosneft and Lukoil and cancelled a bilateral summit with Putin that was due to take place in Budapest, as Trump had been growing frustrated with the Russian leader.
The last straw was a tense call between the countries’ top diplomats, which convinced Washington that Moscow was not prepared to negotiate.
Gapping down
In reaction to earnings/guidance:
In reaction to earnings/guidance:
- QFIN -13.7%, WIX -3.9%, DLB -3.4%, GLBE -3.4%, TGT -2.1%
Other news:
- AGIO -34.3% (topline results from RISE UP Phase 3 Trial of mitapivat in sickle cell disease; Trial showed trend favoring mitapivat but did not meet statistical significance in primary endpoint)
- PLUG -19.2% (convertible notes offering)
- ECO -8.2% (has announced a contemplated offering of new common shares)
- NOK -6.5% (announces new strategy, evolution of its operating model, new long-term financial target, strategic KPIs and changes to its group leadership team)
- OGS -5.1% (Board Chair retires, names new Chair)
- EOSE -3.6% (convertible notes offering; also proposed direct offering of common stock to fund repurchase of convertible notes)
- OLMA -2.2% (prices public offering of 10.0 mln shares of common stock at $19/share)
- ELDN -1.9% (data from early patients treated with Tegoprubart)
Gapping up
In reaction to earnings/guidance:
In reaction to earnings/guidance:
- LZB +12.3% (also increases dividend), DY +8.7%, LOW +5.8%, SQM +3.4%, GBDC +3.3%, BLSH +2.4%, POWL +1%, VIK +0.9%, GDS +0.6%
Other news:
- SEMR +70.3% (Adobe close to $1.9 deal to purchase SEMR, according to WSJ)
- KZIA +46% (achieves initial iCR in Metastatic TNBC; also Q4 business update)
- NUTX +20% (restated results)
- CLLS +7.5% (publishes Nature Communications Article on a non-viral gene editing process enabling efficient gene insertion in hematopoietic stem cells)
- NXST +5.8% (seeks approval of TEGNA (TGNA) acquisition)
- MP +4.5% (in the lead for U.S. alternatives to rare earths, according to Reuters)
- SLMT +3.7% (entered into $98.5 mln Class B Ordinary Share Controlled Equity Offering)
- ONIT +3.3% (subsidiary enteres strategic relationship with Finance of America Reverse)
- ON +3.2% (authorizes new $6 bln share repurchse program)
- CHPT +3% (strengthens balance sheet and enhances shareholder value through material debt reduction)
- TMDX +3% (CEO disclosed the purchase of 8,775 shares at $114.00 worth $1 mln)
- CEG +2.9% (confirms Crane Clean Energy Center backed by $1 bln DoE loan)
- SPIR +2.7% (ships satellites to Vandenberg Space Force Base)
- ONEW +2.7% (amends term loan and floor plan credit facilities)
- EYPT +2.4% (announces positive recommendation from independent data safety monitoring committee for pivotal phase 3 trials for DURAVYU in wet age-related macular degeneration)
- VKTX +2.3% (completes enrollment in Phase 3 VANQUISH-1 Trial of VK2735)
- CEVA +2.2% (prices offering of 3.0 mln shares of common stock at $19.50 per share)
- NC +2% (authorizes new $20 mln share repurchase program)
- PAAS +2% (Xali Gold completes due diligence visit, confirms data integrity and exploration upside at Pico Machay Gold Project in Peru)
- FSM +1.8% (expands Mineral Reserves and Mineral Resources at the Séguéla Mine, supporting longer mine life and potential plant expansion)
- BKD +1.7% (names new COO)
- ESLT +1.5% (wins $210 mln in contracts from Israel's Ministry of Defense for Merkava tank upgrades)
Research Calls I
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Upgrades
- Amalgamated Financial (AMAL) upgraded to Neutral from Underweight at Piper Sandler, tgt $28
- American Superconductor (AMSC) upgraded to Buy from Hold at Clear Street, tgt $50
- Amer Sports (AS) upgraded to Buy from Neutral at Nomura, tgt $39.80
- Curbline Properties (CURB) upgraded to Buy from Neutral at Citigroup, tgt $27
- DoorDash (DASH) upgraded to Buy from Hold at Jefferies, tgt $260
- Freeport-McMoRan (FCX) upgraded to Outperform from Sector Perform at Scotiabank, tgt $47
- Gladstone Capital (GLAD) upgraded to Buy from Hold at Clear Street, tgt $23
- Gladstone Capital (GLAD) upgraded to Outperform from Perform at Oppenheimer, tgt $22
- Gladstone Capital (GLAD) upgraded to Buy on valuation at B. Riley, tgt $22
- Insulet (PODD) upgraded to Buy from Neutral at UBS, tgt $400
- James Hardie (JHX) upgraded to Buy from Hold at Vertical Research, tgt $21
- La-Z-Boy (LZB) upgraded to Buy from Neutral at Sidoti, tgt $39
- Lithium Americas (LAC) upgraded to Hold from Sell at Canaccord
- Medtronic (MDT) upgraded to Neutral from Sell at Goldman, tgt $111
- Palvella Therapeutics (PVLA) upgraded to Strong Buy from Outperform at Raymond James, tgt $143
- Simmons First National (SFNC) upgraded to Outperform from Neutral at Robert W. Baird, tgt $22
- TELUS (TU) upgraded to Outperform from Sector Perform at National Bank
- Wesco (WCC) upgraded to Outperform from Sector Perform at RBC Capital, tgt $302
- Zions Bancorp (ZION) upgraded to Buy from Hold at Jefferies, tgt $60
- Amalgamated Financial (AMAL) upgraded to Neutral from Underweight at Piper Sandler, tgt $28
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Downgrades
- Axalta Coating (AXTA) downgraded to Sector Perform from Outperform at RBC Capital, tgt $30
- BellRing Brands (BRBR) downgraded to Neutral from Buy at BofA Securities, tgt $28
- Canadian Solar (CSIQ) downgraded to Underperform from Outperform at Mizuho, tgt $21
- GoHealth (GOCO) downgraded to Market Perform from Outperform at William Blair
- GitLab (GTLB) downgraded to Hold from Buy at Truist, tgt $44
- Home Depot (HD) downgraded to Neutral from Outperform at KGI Securities, tgt $320
- Inter&Co (INTR) downgraded to Market Perform from Outperform at Itau BBA, tgt $10
- Molson Coors (TAP) downgraded to Equal Weight from Overweight at Wells Fargo, tgt $50
- Portland General Electric (POR) downgraded to Neutral from Buy at UBS, tgt $51
- QuantumScape (QS) downgraded to Reduce from Hold at HSBC, tgt $10.50
- Tanger (SKT) downgraded to Neutral from Buy at Citigroup, tgt $35
- Axalta Coating (AXTA) downgraded to Sector Perform from Outperform at RBC Capital, tgt $30
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Others
- Amentum (AMTM) initiated at Neutral at UBS, tgt $25
- AB InBev (BUD) initiated at Overweight at Wells Fargo, tgt $75
- Cipher Mining (CIFR) initiated at Outperform at Citizens JMP, tgt $30
- Extreme Networks (EXTR) initiated at Buy at BofA Securities, tgt $24
- Grupo Supervielle (SUPV) initiated at Neutral at UBS, tgt $13
- Insight Enterprises (NSIT) initiated at Hold at Canaccord, tgt $100
- Iren (IREN) initiated at Outperform at Citizens JMP, tgt $80
- MP Materials (MP) initiated at Buy at Goldman, tgt $77
- Nebius (NBIS) initiated at Outperform at Citizens JMP, tgt $175
- Nuvation Bio (NUVB) initiated at Buy at B. Riley, tgt $12
- Parsons (PSN) initiated at Buy at UBS, tgt $107
- Praxis Precision (PRAX) initiated at Buy at BTIG Research, tgt $424
- Ramaco Resources (METC) initiated at Sell at Goldman, tgt $16
- Rapport Therapeutics (RAPP) initiated at Buy at BTIG Research, tgt $47
- Riot Platforms (RIOT) initiated at Outperform at Citizens JMP,. tgt $25
- Shore Bancshares (SHBI) initiated at Outperform at Hovde Group, tgt $19
- Sionna Therapeutics (SION) initiated at Buy at BTIG Research, tgt $50
- vTv Therapeutics (VTVT) initiated at Buy at BTIG Research, tgt $40
- WhiteFiber (WYFI) initiated at Outperform at Citizens JMP, tgt $37
- Amentum (AMTM) initiated at Neutral at UBS, tgt $25