Xenon Pharmaceuticals Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
The share options have an exercise price of $30.54 per common share, which is equal to the closing price per share of Xenon's common shares on the grant date of July 31, 2025. The share option grants vest over four years, with 25% vesting on the one-year anniversary of the respective employee's start date and 1/36th of the remaining options vesting monthly thereafter on the last day of each month, subject to such option recipient's continued service relationship with the Company. Each option has a 10-year term and is subject to the terms and conditions of the share option agreement and the terms of the Company's 2025 Inducement Equity Incentive Plan.
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Globe and Mail
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Should You Buy Nvidia Stock Before Aug. 27? Here's What the Evidence Suggests.
Key Points After more than two years of phenomenal gains, investors are wary about the future of AI. Nvidia's GPUs are a staple in the AI revolution, and sales continue at a brisk pace. There's a growing body of evidence that suggests Nvidia's epic run will continue, as will the stocks volatility. 10 stocks we like better than Nvidia › The dawn of artificial intelligence (AI) in late 2022 has had a profound impact on the technology landscape. The initial fervor has since died down, and investors are looking for compelling evidence that the adoption of AI has room to run. Nvidia (NASDAQ: NVDA) graphics processing units (GPUs) were widely adopted and have become the gold standard for generative AI. The company is scheduled to release the results of its fiscal 2026 second quarter after the market closes on Wednesday, Aug. 27, and Wall Street and shareholders alike will be sitting on the edge of their seats looking for clues that strong demand for AI chips continues. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Let's look at the company's most recent results, what current events suggest about the future, and determine if Nvidia stock still represents a compelling opportunity heading into the company's highly anticipated financial report. Remarkable results After generating triple-digit revenue and profit growth for two consecutive fiscal years, growth inevitably slowed, and investors got the jitters. Despite tough year-over-year comps, Nvidia's results were still enviable. For its fiscal 2026 first quarter (ended April 27), Nvidia reported record revenue of $44.1 billion, which soared 69% year over year and 12% sequentially. This resulted in adjusted earnings per share (EPS) of $0.81, up 33%, but there's an asterisk on those numbers. Nvidia took a $4.5 billion writedown on H20 chips destined for China, because of the Trump administration's moratorium on AI chip sales in that country (which has since been lifted). Without that charge, EPS would have been $0.96, a 57% increase. Make no mistake: It was the continuing adoption of AI that drove the robust results, as revenue from Nvidia's data center segment climbed 73% to $39 billion, representing 89% of its total revenue. Management expects Nvidia's growth spurt to continue, albeit at a more moderate pace. For its fiscal 2026 second quarter (ended July 27), management is guiding for revenue of $45 billion, which would represent year-over-year growth of 50%. Wall Street is equally bullish, with analysts' consensus estimates calling for revenue of $45.68 billion and adjusted EPS of $1.00. While this would represent a minor slowing compared with last quarter's robust growth, it would still be remarkable nonetheless. Same customers, expanding opportunity The biggest concern among Nvidia investors is that the adoption of AI will hit a wall, but there's simply no evidence to back that assertion. In fact, all the available evidence suggests the proliferation of AI continues. Amazon Web Services, Microsoft Azure, and Alphabet 's Google Cloud, are collectively known as the "Big Three" in cloud computing, and each has recently revealed plans to increase infrastructure spending this year, beyond the already robust spending that was previously announced. Furthermore, most of that spending will be allocated to additional data centers to support the growing demand for AI -- most of which will run on Nvidia GPUs. In addition, Meta Platforms also announced that it was increasing its capital expenditure spending plans for the year. The totals are enlightening: Amazon: $118 billion, up from $100 billion. Microsoft: $100 billion, up from $80 billion. Alphabet: $85 billion, up from $75 billion. Meta: $69 billion, up from $62.5 billion. It's no coincidence that these four companies are also Nvidia's biggest customers. Add to that the resumption of H20 chip sales and China, and it appears clear that Nvidia's AI opportunity continues to expand. Should you buy the stock before Aug. 27? To be clear, I expect Nvidia stock to remain volatile, driven by the inevitable ebbs and flows of AI spending. That said, its success thus far has been undeniable. Over the past three years, the stock has gained 882% (as of this writing) but has also fallen as much as 37% -- so it isn't for the faint of heart. This helps illustrate one of the hallmarks of investing success: Treat buying stocks as partial ownership in a business, own stocks in the best companies out there, and commit to holding for at least three to five years. That takes us back to the main question: Should you buy Nvidia stock before Aug. 27? The unspoken question here is whether Nvidia stock will be up or down following the release of its highly anticipated quarterly report. Truth be told, I have no idea, nor does anyone else for that matter. My crystal ball has been on the blink for some time, but if I were in the mood to prognosticate, I would feel comfortable making several very vague predictions: Nvidia will announce yet another in a long and growing series of quarterly revenue records. Given the company's track record of exceeding expectations, I suspect it will beat analysts' consensus estimates, which are calling for sales of $45.68 billion -- which is slightly ahead of management's guidance of $45 billion -- and adjusted EPS of $1.00. Beyond that, it's anyone's guess, and my predictions could be way off base. That said, I'm still extremely confident that my investing thesis for Nvidia remains intact. The company's cutting-edge GPUs are still the gold standard, driving the AI revolution, and rivals have yet to challenge its position as the undisputed market leader or come up with a superior product. The specter of competition remains, as there's always the possibility that a technological innovation could steal Nvidia's thunder. Most experts agree that it's still early innings for AI, but there's no consensus about the size of the market. Even the most conservative estimates start at $1 trillion. Big Four accounting firm PwC estimates the total economic impact at $15.7 trillion between now and 2030. The truth is nobody knows for sure. Nvidia stock is currently selling for roughly 30 times next year's earnings. However, that premium is backed by the company's track record of innovation, industry-leading position, and history of growth. This underpins my confidence that the runway ahead is long. For those who believe that the AI revolution will play out over the next decade and Nvidia will maintain its position as the leading provider of AI chips, the answer is clear. We don't know what the stock will do between now and Aug. 27 and for long-term investors, that doesn't matter. We'll simply buckle up for the bumpy (and profitable) ride ahead. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. 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Globe and Mail
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Palomar (PLMR) Q2 Revenue Jumps 55%
Key Points Non-GAAP EPS reached $1.76 in Q2 2025, beating non-GAAP analyst estimates and This figure represents a 40.8% increase compared to Q2 2024. GAAP revenue totaled $203.3 million in Q2 2025, This was up 55.1% year over year. Palomar raised its full-year adjusted net income guidance for 2025 and continued to diversify beyond its core earthquake insurance segment. These 10 stocks could mint the next wave of millionaires › Palomar (NASDAQ:PLMR), a specialty property insurance provider known for its focus on niche markets such as earthquake and specialty lines, announced its Q2 2025 results on August 4, 2025. The most important headline: Palomar delivered better-than-expected non-GAAP earnings per share and raised its outlook for adjusted net income for 2025. Non-GAAP earnings per share came in at $1.76, ahead of the $1.67 non-GAAP analyst estimate, while GAAP revenue was reported as $203.3 million. Net earned premiums, a core insurance metric, climbed 47.2% year-over-year (GAAP). 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Notably, the fronting business is in runoff and becoming less significant for the company's outlook. On the finance side, net investment income rose 68.0% year over year, benefiting from higher yields and a bigger asset base, while annualized adjusted return on equity (non-GAAP) was 23.7%. Strategic Initiatives and Risk Management Execution During the period, Palomar made progress on several strategic initiatives. Specialty insurance markets like earthquake remain core to its identity, but expansion in casualty, crop, and inland marine has reshaped its revenue balance. The acquisition of Advanced AgProtection expanded the crop business's geographic reach and distribution footprint. Meanwhile, the planned runoff of the fronting segment, particularly following the termination of larger partnerships, continued as forecast and should have less impact after the next quarter. The company also executed a successful renewal of its reinsurance program at an adjusted rate decrease of approximately 10% year-over-year. Reinsurance is a form of insurance for insurers, letting Palomar limit its exposure to large, unpredictable events like natural disasters. The structure of its catastrophe bond placements and reinsurance treaties has further reduced volatility, as evidenced by the minimal catastrophe losses this quarter. Investment in technology and analytics was again highlighted, supporting automation and operational scale. These efforts allow for more targeted underwriting in specialty lines and maintain Palomar's competitive position, though the company is incurring additional costs as it builds out new lines, especially crop. The company does not currently pay a dividend. Looking Ahead: Outlook and Watch Points Management raised its full-year adjusted net income guidance to a range of $198–208 million (non-GAAP) for 2025, up from the prior estimate of $186–200 million (adjusted net income). This new outlook factors in a likely $8–12 million in catastrophe-related losses for the remainder of the year, as well as the expected seasonal effects from crop insurance operations. Overall, the company expects the combined ratio to be in the mid-to-upper 70% range. Investors should monitor several evolving trends and risks. These include sustained growth in casualty and crop gross written premiums, ongoing reduction in the fronting segment, expense levels tied to scaling new lines, the attritional loss ratio as business mix changes, and potential shifts in reinsurance market conditions. Analysts will look to see—especially as the company adapts to changing competitive pressures. 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