President Donald Trump’s threat of tariffs on pharmaceutical imports caused biopharma stocks and ETFs to dip after a brief surge. These tariffs would reintroduce costs for businesses that had enjoyed a pause as part of a 104% tariff tussle with China. The largest ETF, iShares Biotechnology ETF, dropped 0.3% in after-hours trading, while the fourth-largest, ARK Genomic Revolution ETF, gained 83% over the same period.

Inside A Complex Cyber Threat
Cyble researchers discovered ransomware, DOGE BIG BALLS, which uses advanced technical manipulation techniques. The ransomware begins with a deceptive zip file distributed via phishing emails.