Today's Chart of the Day was shared by @sam_gatlin Medical devices are basing while short sellers have piled in, a setup that could turn explosive on a confirmed breakout above the summer highs near $57. Get the full details in today's report plus more great charts. ⬇️

The FDA says it is developing a plan to regulate medical devices that use generative AI. “The ecosystem is expecting clarity,” Rick Abramson, director of the agency’s Digital Health Center of Excellence, told STAT. “We seek to provide that clarity."

Why is the Midjourney team uniquely qualified to build medical hardware? @BeffJezos, founder of @extropic: "David's a trained physicist. He worked at NASA. He was a founder of Leap Motion, which is completely slept on as one of the first major projects he worked on." "What I really like about that team is that a lot of the same team from Leap Motion followed David into Midjourney and now into this hardware exploration." "They were training neural nets before there was TensorFlow, before there was GPUs. They did it on CPUs, and they had some of the first neural network technology deployed in a consumer product." "So people are like, 'Why would a gen AI company pivot into medical devices?' It's really folks that came from the hardware world finding this unique blend between neural nets and hardware to achieve things people didn't think were possible." "If it's physically possible, I very much have faith that that team can pull it off."

🩺Sixteen #OVCEnterprises# showcased their latest innovations at #Vietnam# Medi-Pharm #Expo# 2026, covering medical devices, in vitro diagnostics, biopharmaceuticals, rehabilitation, and medical aesthetics. The delegation attracted nearly 100 potential clients. #WorldOVC# #Biolake#

Scholars from Stanford HAI and @StanfordMed issued a response to the @FDA’s discussion paper and request for feedback. Read their recommendations for the FDA’s approach to regulating generative AI-enabled medical devices here:

President Trump is unlocking improved market access for 30% of U.S. exports to China, ranging from agricultural products and seafood to cosmetics and medical devices. Learn more: