Original source text
The sneakers and apparel company said the results were in line with its expectations, despite facing what it called an increasingly challenging operating environment where sell-through remains under pressure. Live financial news intelligence
Track market-moving stories before they get noisy
Real-time pulse of financial headlines curated from 5 premium feeds.
Latest market signal
English
Cryptocurrencies
BTC
5,307
ETH
3,687
XRP
2,200
SOL
2,119
USDC
1,217
HYPE
1,097
Commodities
GOLD
304
SILVER
163
OIL
70
PLATINUM
8
PALLADIUM
3
COPPER
2
- FMP Stock News 30s ago
- FMP Forex News 1m ago
- CoinGecko News 1m ago
- FIO Stock News 5m ago
- Patria Stock News 5m ago
- Editorial rewrite 30s ago
- Asset sync 15m ago
Latest coverage
Market News Feed
Scan headlines quickly, then expand any story for source context.
| Details | Date | Content | Source |
|---|---|---|---|
|
Saved
2026-06-30 21:42
1mo ago
Published
2026-06-30 16:56
1mo ago
|
Nike's Sales Continue to Decline as China Weakness Persists | FMP Stock News | |
|
|
|||
|
Saved
2026-06-30 21:42
1mo ago
Published
2026-06-30 17:23
1mo ago
|
Breaking Down Nike's Better-Than-Expected Results | FMP Stock News | |
|
Original source text
Nike reported better-than-expected results last quarter, a sign that CEO Elliott Hill's turnaround efforts are gaining some traction. Bloomberg Intelligence's Poonam Goyal has more on "Bloomberg The Close. |
|||
|
Saved
2026-06-30 21:42
1mo ago
Published
2026-06-30 17:25
1mo ago
|
Do These Beaten Down Stocks Deserve a Closer Look? | FMP Stock News | |
|
Original source text
Key Takeaways Both NIKE and LULU have seen an extended period of weak share performance. Pressure has been a result of company-specific issues, with both trying to bounce back. Weakness in stocks isn't always reflective of a favorable opportunity. Several well-known athletic apparel companies, namely NIKE (NKE - Free Report) and lululemon (LULU - Free Report) , have seen an extended period of poor share performance, both widely underperforming relative to the general market over the past year. But can the negativity reverse course? Let’s take a closer look at their recent quarterly performance and how their earnings outlooks have shaped up over recent months. Can NIKE Shares Bounce Back? NIKE shares have been weak for several reasons, largely unable to impress consumers over recent years due to a lack of innovation and the loss of shelf space. Competitors like Hoka from Deckers Outdoor (DECK - Free Report) have really applied pressure, stealing former NIKE customers. NIKE also largely cut out retailers to push direct-to-consumer (DTC) sales over recent years, but the reduction in shelf space and loss of its overall presence backfired. Still, it has been actively rebuilding its relationships with retailers, but regaining the premium shelf space it once enjoyed isn't cheap. Additionally, a weak showing in China, once one of its stronger growth engines, hasn’t helped sentiment either. Chinese consumers have shifted their preferences toward other domestic brands, further reflective of NIKE’s stagnant innovation over recent years. It’s seen little to no sales growth over the past three years due to these factors, as shown below. Image Source: Zacks Investment Research While the stock has fallen well off recent highs and could look like an opportunity, the reality remains that it’s become cheap for understandable reasons, particularly those listed above. The company’s EPS outlook for its current and next fiscal years remains bearish, with the stock also currently a Zacks Rank #4 (Sell). Image Source: Zacks Investment Research Lululemon Shares PlungeLULU shares have similarly faced pressure amid weakening trends in its consumer base, particularly in North America. Quarterly results have put the spotlight on the pressure, with revenues in the broader Americas region declining 3% YoY and comparable sales declining 5% from the same period last year. Lululemon’s YoY sales growth rates were fantastic in recent years before tapering off visibly, with the weak price action fully reflecting the growth cooldown. Please note that the chart below tracks the %YoY change in sales, not actual sales numbers. Image Source: Zacks Investment Research The company’s actively working to drive improvements in its North America business, still remaining confident of an impending turnaround. Still, it’s worth noting that the overall profitability picture has taken a notable hit as well, with LULU’s gross margin declining 410 basis points YoY to 54.2% in its latest period. The profitability hit is quite important to sentiment around the company, as it has typically enjoyed a much stronger margin profile than other apparel companies due to its premium-priced products. The earnings outlook for its current and next fiscal years remains heavily challenged as a result, with the company currently a Zacks Rank #5 (Strong Sell). Image Source: Zacks Investment Research Bottom Line While lululemon (LULU - Free Report) and NIKE (NKE - Free Report) shares have become much cheaper relative to historical levels over recent years, the reality remains that they’ve become that cheap for a reason. Company-specific issues have led to weak quarterly results, and share performance reflects those problems. In other words, stocks that have seen a big decline aren’t always reflective of great opportunities. Rather, investors should focus on stocks with strengthening earnings outlooks and favorable trends, such as accelerating sales growth or expanding margins. Both LULU and NKE carry weak Zacks Ranks, and investors would be better off watching from the sidelines until a turnaround is visible in positive earnings estimate revisions. |
|||
|
Saved
2026-06-30 21:42
1mo ago
Published
2026-06-30 15:39
1mo ago
|
The 1.09% Fee Dilemma: Is NVDY Income Worth the Opportunity Cost? | FMP Stock News | |
|
Original source text
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.© Dmitry Demidovich / Shutterstock.com The YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY) sells investors a specific trade: take NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) price exposure, give up most of its upside, and collect weekly cash in return. NVDY is one of the largest single-stock covered call ETFs on the market, with about $1.37 billion in net assets. The fund’s appeal is straightforward income on the most-watched AI stock in the world. The question for any holder is whether the income is worth the cost of foregone gains, and the answer depends on how the underlying NVIDIA position behaves. How the fund actually makes money The fund uses a synthetic covered call strategy to generate its income. According to the May 2026 fact sheet, the portfolio is built on 11.5% in direct NVDA shares and 20.6% in U.S. Treasuries, while the rest of the fund is balanced through a mix of long and short NVDA call options with strikes ranging from $165 to $220. Those short calls pull in the premiums used to pay out your weekly cash. Just keep in mind that the synthetic long position means you take on the full brunt of any downside if NVIDIA shares happen to drop. The expense ratio is 1.09%, which is high relative to broad covered call ETFs. Distributions arrive weekly. Recent weekly payouts have ranged from $0.0848 to $0.2072 per share, with the most recent ex-date June 25 at $0.1005. Recent 19a-1 notices show that most of those distributions are classified as a return of capital, meaning a portion of the “yield” is the investor’s own principal being returned. The promise versus the payoff The asymmetric structure is the entire story. If NVDA rallies 30%, NVDY captures roughly 12%-15% while short calls absorb the rest. If NVDA falls by 30%, NVDY drops by about 24%, with the premium offsetting only around 6 percentage points. Holders absorb most of the downside and surrender most of the upside. The longer-term math shows the gap. Since NVDY’s May 2023 inception, the fund has returned 310% on a distribution-adjusted basis. NVIDIA over a similar window contributed to a five-year total return of 878%. The recent picture is tighter: NVDA is up 24% over the past year while NVDY returned 25%, and year-to-date the two are within a percentage point of each other. The trade pays off best when NVDA chops sideways and lags hardest when it sprints. The fundamentals of NVIDIA make the opportunity cost feel very real. The company posted Q1 FY27 revenue of $81.6 billion, an 85% year-over-year increase, along with non-GAAP EPS of $1.87 and Q2 guidance of $91 billion. CEO Jensen Huang recently described this period as the infrastructure expansion in human history. Any covered call written against that kind of growth backdrop will inevitably hit its cap over and over again. What holders actually take on Capped upside, full downside. The short calls limit gains in every strong NVDA month, while the synthetic long carries the loss in every weak one. NAV erosion through ROC. Return-of-capital classifications quietly reduce cost basis. In a taxable account without basis tracking, it creates a future tax bill rather than tax savings. Concentration risk. One stock, one strategy, a 2.2 beta underlying, and a 1.09% fee stack on top of each other. Where it fits, and where it does not This fund suits an investor who specifically wants a weekly cash flow tied to NVIDIA volatility and accepts that capital appreciation belongs to someone else. You might consider an 80/20 split as a common structure, allocating 80% to direct NVIDIA exposure for upside and 20% to the fund for income, while capping the total position at about 5% of your overall portfolio. Any investor who rotates a full position into this strategy to collect income has effectively sold the original thesis while simply keeping the name on their statement. Direct shares remain the simpler instrument if your goal for NVIDIA is capital appreciation. Want Up To $1,000? SoFi Is Giving New Active Invest Users Free StockLooking to grow your money but unsure where to begin? SoFi Active Invest is offering a limited-time promotion—open an account, fund it with $50 or more, and you could receive up to $1,000 in complimentary stock for Active Invest accounts. From $0 commission trading to fractional shares and automated investing, this app is designed to simplify investing for everyone, whether you’re just starting or already experienced. Its easy to sign up and secure your bonus. Contact [email protected] for any questions or corrections. |
|||
|
Saved
2026-06-30 21:41
1mo ago
Published
2026-06-30 15:38
1mo ago
|
Walmart+ Executive Says Fuel Discounts Supercharge Member Engagement | FMP Stock News | |
|
Original source text
A fuel discount of 10 cents per gallon is one of the most popular perks of the Walmart+ membership program, Retail Brew reported June 24. |
|||
|
Saved
2026-06-30 21:41
1mo ago
Published
2026-06-30 15:00
1mo ago
|
If a Stock Market Crash Is Coming, History Shows This Stock Will Be a Brilliant Buy | FMP Stock News | |
|
Original source text
Although geopolitical tensions have eased and oil prices have fallen, there is still the very real possibility that the U.S. could be headed toward a recession, as some economists have been warning. After all, inflation remains elevated, and that could trigger a slowdown in consumer activity, with a domino effect across much of our economy. We don't know for sure whether that will happen, but it's always a good idea for investors to prepare for such a scenario. Purchasing shares of companies that can perform better than most during recessions and market downturns is a great idea. Johnson & Johnson (JNJ 1.64%) is an excellent choice in that regard. Here is why.Image source: The Motley Fool. A recession-resistant company Johnson & Johnson tends to outperform broader equities during recessions and market downturns. Let's take two examples. First, the 2008 financial crisis, triggered by the collapse of the housing market, impacted the entire economy, including the stock market. That recession lasted about 18 months, from December 2007 to June 2009. Here is how Johnson & Johnson performed throughout it all compared to the S&P 500. JNJ data by YCharts Next, the 2020 recession and associated market crash, which resulted from the coronavirus pandemic. This one was short, lasting only about two months. And once again, Johnson & Johnson outperformed the average. JNJ data by YCharts Are these just flukes? Not at all. Johnson & Johnson's business is equipped to perform well throughout the economic cycle. The company operates in a defensive sector: healthcare. Medical goods and services aren't among the first things patients want to cut, even when their purse strings tighten. That's especially the case with lifesaving drugs. Johnson & Johnson has a vast portfolio of pharmaceutical products across many areas. The company also has a deep pipeline that allows it to earn brand-new approvals fairly regularly. Then there is Johnson & Johnson's medical device business, which offers products that help physicians treat a range of serious conditions across cardiovascular health, surgery, and other areas. Johnson & Johnson's medtech unit is also recession-resistant. The company's diversified healthcare business is an important reason it performs relatively well even when the going gets rough. Further, Johnson & Johnson has a strong balance sheet, as evidenced by its AAA credit rating from S&P Global (the highest possible). This means investors don't have to worry about Johnson & Johnson failing to meet its obligations, even in a recession. Today's Change ( -1.64 %) $ -4.23 Current Price $ 254.28 There is more where that came from The bears might argue that the past is no guarantee of future performance. Additionally, Johnson & Johnson has faced challenges in recent years. The company has dealt with patent cliffs, most recently for Stelara, an immunology medicine that was a meaningful growth driver. Johnson & Johnson is also navigating government-led drug price negotiations in the U.S. Several of the company's medicines have already been targeted, and things could get even worse for the healthcare leader over the long run. Also, Johnson & Johnson has yet to shake off the lawsuits that allege that its talc-based products caused cancer. Could these problems eventually catch up to the company and sink its stock price? My view is that Johnson & Johnson will be fine -- and remains a top recession pick -- despite these obstacles. The company has navigated the loss of patent exclusivity for Stelara very well. Sales and earnings continue to grow at a good clip for the company. That also goes for drug price negotiations. Johnson & Johnson's guidance implies healthy top-line growth in 2026 despite that. And it's worth noting that in its more than 100-year history, the pharmaceutical giant has survived -- and thrived -- despite significant legal and regulatory changes in the U.S. healthcare system, including the introduction of Medicare and Medicaid in the 60s. Further, Johnson & Johnson's robust balance sheet and credit rating show that it isn't at risk of financial ruin despite the talc-related lawsuits. Lastly, the company is a fantastic income stock. Johnson & Johnson is a Dividend King, or a company with at least 50 consecutive annual payout increases. Johnson & Johnson's current streak is at 64. That means the company has raised its dividends through many recessions, and investors can expect more of the same moving forward. That's why the stock remains a top pick to prepare for an economic downturn. |
|||
|
Saved
2026-06-30 21:40
1mo ago
Published
2026-06-30 16:56
1mo ago
|
Ford recalls 741,195 SUVs and pickups after transmission defect raises rollaway risk: NHTSA | FMP Stock News | |
|
Original source text
Ford is recalling more than 741,000 vehicles across the U.S. after a transmission defect that can damage the parking system and increase the risk of a vehicle rolling away was linked to 24 allegations of property damage and nine alleged injuries.The recall affects 741,195 vehicles, including certain 2018-2021 Ford Expedition and Lincoln Navigator SUVs, 2020-2021 Ford Explorer and Lincoln Aviator SUVs, and 2021 Ford F-150 pickups, according to the National Highway Traffic Safety Administration (NHTSA). The agency said the vehicles may experience a transmission problem during certain shifts while in motion that can damage the transmission's parking mechanism. FORD IN DEEP WATER AFTER SWEEPING RECALLS HIT EVERY MODEL SINCE 2020 – WITH ONE EXCEPTION Ford Motor Co. signage is displayed outside a dealership in Detroit, Mich. (Jeff Kowalsky/Bloomberg via Getty Images, File / Getty Images) If that happens, the transmission may no longer hold the vehicle in place after it is shifted into "Park" unless the parking brake is applied, increasing the risk of a crash or injury. Ford said the issue stems from a transmission valve body separator plate that can restrict fluid flow to the park valve, allowing the parking mechanism to briefly engage while the vehicle is still moving. Drivers may notice a wrench warning light, and in some cases the electronic parking brake may automatically engage. Ticker Security Last Change Change % F FORD MOTOR CO. 13.91 -0.12 -0.89% Ford said the reported incidents include two allegations involving emotional injuries. To address the issue, dealers will update the vehicle's powertrain control module software, inspect the transmission for damage and replace any damaged components free of charge. FORD RECALLS MORE THAN 615,000 VEHICLES OVER WIPER AND DRIVESHAFT DEFECTS A Ford Explorer at the Ford Chicago Assembly Plant. (Jose M. Osorio/Chicago Tribune/Tribune News Service via Getty Images, File / Getty Images) Ford expects to begin mailing interim notification letters to owners on Aug. 3. A permanent repair is not expected to be available until April 2027, when the company plans to begin notifying owners that the remedy is available. The recall is the latest in a string of safety actions that have put Ford under increased scrutiny in recent years. In 2025, the automaker set a record for the most recalls issued by a single manufacturer in a single year, topping 150 safety recalls — nearly double the previous record of 77 set by General Motors in 2014. Ford said the increase reflected a more aggressive strategy of identifying and addressing potential safety issues before they result in major incidents or widespread complaints. FORD RECALLS MORE THAN 412,000 VEHICLES OVER SUSPENSION ISSUE Workers assemble cars at the Ford Assembly Plant in Chicago. (Jim Young/AFP via Getty Images, File / Getty Images) "The increase in recalls reflects our intensive strategy to quickly find and fix hardware and software issues and go the extra mile to help protect customers," the company said in a 2025 statement. "Ford has more than doubled its team of safety and technical experts in the past two years and significantly increased testing for failure on critical systems in current Ford vehicles such as powertrains, steering and braking." CLICK HERE TO GET FOX BUSINESS ON THE GO Between 2020 and 2026, nearly every Ford model was recalled at least once, from SUVs and pickups to commercial vans and the Mustang. The lone exception was the Ford GT supercar, which was discontinued after the 2022 model year. FOX Business has reached out to Ford for comment on the recall and will update this story if a response is received. Owners with questions can contact Ford customer service at 1-866-436-7332 or the NHTSA Vehicle Safety Hotline at 1-888-327-4236. FOX Business’ Bonny Chu contributed to this report. |
|||
|
Saved
2026-06-30 21:39
1mo ago
Published
2026-06-30 16:54
1mo ago
|
Shift4 Payments vs. PayPal: Which FinTech Stock Is a Better Buy in 2026? | FMP Stock News | |
|
Original source text
As the digital economy matures, investors are looking for value in the payments space. Choosing between high-growth Shift4 Payments (FOUR +0.85%) and the established giant PayPal (PYPL 2.70%) requires looking at different business stages.Shift4 focuses on providing integrated software and processing solutions for specific industries such as hospitality and sports. PayPal operates a massive global network for both consumers and merchants. While both operate in the payments sector, they target different market segments and offer distinct profiles for revenue growth and profitability in today's market. The case for Shift4 PaymentsShift4 Payments provides software and payment-processing solutions for restaurants, hotels, and event venues. It operates a two-sided network that handles complex merchant services, including tax-free shopping and payment technology. This specialized focus has made it a notable name among tech stocks. In FY 2025, revenue reached nearly $4.2 billion, representing a significant year-over-year increase of 25.5%. The company reported net income of $79 million for the period. As of its December 2025 balance sheet, the debt-to-equity ratio was approximately 3.2x, calculated by dividing total debt by shareholders’ equity. Free cash flow, which is cash from operations minus capital expenditures, was $509 million. The case for PayPalPayPal operates a global digital-payments platform that includes Venmo, Braintree, and Zettle. It manages a two-sided network connecting approximately 439 million active accounts across roughly 200 markets. Revenue is primarily generated from transaction fees based on total payment volume, as well as from value-added services such as buy-now-pay-later and currency conversion. During FY 2025, the company generated revenue of nearly $33.2 billion, representing growth of approximately 4.3% from the prior year. Net income for the period was roughly $5.2 billion, resulting in a net margin of close to 15.8%. This metric shows the percentage of revenue remaining as profit after all expenses are paid. As of its December 2025 balance sheet, the debt-to-equity ratio was approximately 0.5x, reflecting a conservative approach to using total debt. Free cash flow reached $6.4 billion, representing cash from operations after subtracting capital expenditures. Risk profile comparisonShift4 Payments pursues an aggressive acquisition strategy, which carries risks that the company may not successfully integrate new businesses or realize expected synergies. It faces intense competition from companies offering low-cost pricing models, which could hurt its net margin. Additionally, it is structurally dependent on third-party sponsor banks and a single processor for network access. PayPal is currently defending against multiple class-action lawsuits, including securities-fraud claims, which could lead to significant legal costs. The company also faces a complex global regulatory environment that could restrict new product launches or increase compliance expenses. It competes for market share against other large technology firms such as Alphabet (GOOGL +1.09%) and Apple INC (AAPL +2.70%). Valuation comparisonPayPal looks slightly cheaper on its Forward P/E, which compares price to future earnings estimates. Shift4 has a lower P/S ratio. MetricShift4 PaymentsPayPalSector BenchmarkForward P/E8.5x8.3x36.4xP/S ratio1.0x1.2xSector benchmark uses the SPDR XLK sector ETF. Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers. While both PayPal and Shift4 Payments are businesses that process financial transactions, they differ in focus: PayPal focuses on remote transactions, such as online shopping and sending money to others, while Shift4 Payments aims to be the leader in in-person payments. PayPal’s slow growth has led it to name a new CEO who has reorganized the business into three groups: Checkout Solutions & PayPal, Consumer Financial Services & Venmo, and Payment Services & Crypto. The business has an advantage in that many consumers know it and its brands, stemming from its origin as the payment platform for eBay Inc (EBAY +0.92%). Plenty of people know its Venmo brand, too, which it acquired a decade ago. PayPal aims to move more into ‘buy now pay later’ transactions, which is an already crowded space. The business also has historically found it difficult to convert its users into customers of new financial products. Revenue growth for 2026 is expected to come in at just 3.3%, according to analyst consensus. Meanwhile, net income is expected to drop to $4.7 billion, a nearly 9% decline. The reorganization will take some time to show results for PayPal. Shift4 Payments, meanwhile, has been building on its original role as the payment system for restaurants. The company has moved strongly into payments for sporting arenas and lodging. The company is also seeing great results from its move into retail, specializing in payments for duty-free, tax-free, and luxury retail. Revenue is expected to rise 22% in fiscal 2026 to $5.1 billion, with net income almost doubling to $143 million. While PayPal generates far more revenue than Shift4 Payments, the business has long faced headwinds in transitioning to a higher-value payment provider. Its move into buy now, pay later shows that the company seeks to continue to mine less wealthy consumers for sales, an approach that Wall Street doesn’t see generating notable growth in the near future. Shift4 Payments, meanwhile, has a defensible niche in the tech-forward world of in-person payments with very strong markets in dining, lodging, and entertainment, plus a budding retail arm. With a price-to-sales ratio lower than PayPal’s and a forward price-to-earnings ratio almost as good, FOUR is the stock to buy. |
|||
|
Saved
2026-06-30 21:39
1mo ago
Published
2026-06-30 15:33
1mo ago
|
Meet the Artificial Intelligence (AI) Inference Stock That Could Deliver the Biggest Gains Over the Next 3 Years (Hint: It's not Nvidia or Broadcom) | FMP Stock News | |
|
Original source text
Artificial intelligence (AI) compute workloads in data centers are now shifting toward inference. Deloitte estimates that inference workloads will account for two-thirds of AI-focused computational workloads in data centers this year, up from 50% in 2025.This has led to a strong jump in demand for chips capable of executing inference workloads cost-effectively. Nvidia currently leads the market for AI inference chips. That isn't surprising, as the company is aggressively reducing the cost of running inference workloads with its chip systems. On the other hand, custom AI chip designer Broadcom is also witnessing phenomenal acceleration in revenue and earnings. However, both semiconductor stocks have delivered paltry, single-digit gains this year. They have underperformed the PHLX Semiconductor Sector index, which has jumped 86% this year, by a huge margin. Their poor performance can be attributed to their valuation. Broadcom trades at an expensive 61 times earnings and 24 times sales. While Nvidia stock is significantly cheaper at 30 times earnings and looks like a bargain, its sales multiple of 18.6 is on the expensive side. However, there is another company -- Qualcomm (QCOM 2.08%) -- which has started making a dent in the AI chip market thanks to its inference-focused chips and trades at a really attractive valuation right now. Let's see why Qualcomm stock could be one of the biggest winners in the AI inference era, potentially outperforming Nvidia and Broadcom over the next three years. Image source: The Motley Fool. AI is poised to significantly boost Qualcomm's data center revenue Qualcomm currently gets its revenue from selling chips for smartphones, automotive, and the Internet of Things (IoT). These three end markets comprise the company's Qualcomm CDMA Technologies (QCT) semiconductor division. It has another business segment -- Qualcomm Technology Licensing (QTL) -- through which it collects fees and royalties from customers using its intellectual property to design and manufacture wireless products. Today's Change ( -2.08 %) $ -3.93 Current Price $ 184.79 The QCT business is Qualcomm's bread and butter, generating 86% of its revenue in the second quarter of fiscal 2026 (which ended March 29). The company's QCT revenue fell 4% year over year in fiscal Q2 to $9.1 billion, primarily due to the weakness in the smartphone market. As a result, Qualcomm's overall revenue fell 2% year over year in fiscal Q2 to $10.6 billion. The smartphone market is likely to remain constrained by limited memory supply and higher component costs at least until next year. However, demand for chips used to run AI workloads in data centers and edge applications is poised to grow at a healthy pace. Qualcomm has been trying to make a dent in this market for some time, and the latest update from the company suggests that it may have finally made a breakthrough. At its recently held Investor Day 2026, Qualcomm revealed that it anticipates at least $15 billion in data center revenue by fiscal 2029. That's an impressive start for a company that's making an entry into this fast-growing niche. The company will be offering custom AI processors and inference-first chips aimed at lowering the total cost of ownership (TCO) for data center operators. Even better, the company notes it will upgrade its AI chips annually. Qualcomm is all set to offer a broad portfolio of AI systems to customers, including liquid-cooled rack-scale servers, custom processors, connectivity solutions, purpose-built data center CPUs (central processing units), and high-bandwidth memory. What's worth noting is that it has already landed a notable customer in the form of Meta Platforms. The tech giant will deploy Qualcomm's Dragonfly C1000 server CPU in its servers starting this year. More importantly, Qualcomm and Meta have a multi-generation agreement, suggesting that the former could witness a solid long-term revenue stream. Qualcomm CEO Cristiano Amon indicated that Meta isn't the only customer for its AI chips when he pointed out that the company is bringing its "high-performance, low-power computing into the data center, with multi-year, multi-generation agreements with leading customers." So, the company seems well-positioned to achieve its data center revenue growth target over the next three years, which could supercharge its growth. The solid acceleration in the company's earnings will send the stock soaring Qualcomm estimates that its earnings per share could exceed $18.00 in fiscal 2029. For comparison, the company's earnings per share are on track to drop by 10% in fiscal 2026 to $10.80. So, Qualcomm's bottom line could increase at an annual rate of 18.5% for the next three years, which seems quite achievable. Assuming Qualcomm's earnings indeed reach $18.00 per share in fiscal 2029 and it trades at 26.3 times earnings at that time (in line with the Nasdaq-100 index's forward earnings multiple), its stock price could soar to $473. That's a potential upside of 150% from current levels, suggesting that investors should consider buying this AI stock before it steps on the gas. What's more, Qualcomm is trading at just 17 times forward earnings and 4.6 times sales. So, any step-up in Qualcomm's growth rate could be rewarded with a premium valuation, which could pave the way for greater stock price upside than I have assumed above. |
|||
|
Saved
2026-06-30 21:39
1mo ago
Published
2026-06-30 16:30
1mo ago
|
Intel to Report Second-Quarter 2026 Financial Results | FMP Stock News | |
|
Original source text
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corporation today announced that it will report second-quarter financial results on Thursday, July 23, 2026, promptly after close of market. Intel will then hold an earnings conference call at 2 p.m. PDT that day to discuss the results.A live public webcast of the earnings conference call can be accessed on Intel's Investor Relations website at intc.com. Associated materials and webcast replay will also be available on the site. About Intel Intel (Nasdaq: INTC) designs and manufactures advanced semiconductors that connect and power the modern world. Every day, our engineers create new technologies that enhance and shape the future of computing to enable new possibilities for every customer we serve. Learn more at intel.com. © Intel Corporation. Intel, the Intel logo and other Intel marks are trademarks of Intel Corporation or its subsidiaries. Other names and brands may be claimed as the property of others. |
|||
|
Saved
2026-06-30 21:38
1mo ago
Published
2026-06-30 16:49
1mo ago
|
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Hertz Global Holdings - HTZ | FMP Stock News | |
|
Original source text
NEW YORK, June 30, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Hertz Global Holdings (“Hertz” or the “Company”) (NASDAQ: HTZ). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Hertz and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On June 24, 2026, Hertz issued a press release “announc[ing] that its wholly-owned indirect subsidiary, The Hertz Corporation (‘Hertz Corp.’), intends to offer, subject to market and other conditions, $300 million in aggregate principal amount of Exchangeable Senior First-Lien Secured PIK Notes due 2030 (the ‘Notes’) in a private offering to persons reasonably believed to be qualified institutional buyers[.]” The press release specified that “Hertz Corp. intends to use the net proceeds received from the offering of the Notes for general corporate purposes, which may include the repayment of outstanding indebtedness.” On this news, Hertz’s stock price fell $2.06 per share, or 40.71%, to close at $3.00 per share on June 24, 2026. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: Danielle Peyton Pomerantz LLP [email protected] 646-581-9980 ext. 7980 |
|||
|
Saved
2026-06-30 21:38
1mo ago
Published
2026-06-30 17:30
1mo ago
|
EEOC hits FedEx with federal lawsuit over alleged discrimination against blind workers | FMP Stock News | |
|
Original source text
Published June 30, 2026 5:18pm EDTFederal agency says blind employees were denied reasonable accommodations needed to perform essential job duties The U.S. Equal Employment Opportunity Commission (EEOC) has launched a federal lawsuit against Federal Express Corporation, alleging the delivery giant violated federal law by discriminating against blind employees at a North Carolina facility. The federal agency claims that FedEx, formerly known as FedEx Ground Package Systems, Inc., failed to provide reasonable accommodations to four package handlers and a larger class of blind workers at its Kernersville location. According to the lawsuit, denying the accommodations prevented the employees from performing their essential job functions and enjoying the same employment privileges as workers without disabilities. FILE - FedEx trucks are parked at a distribution center on May 3, 2025 in San Diego, California. (Kevin Carter / Getty Images) FEDEX SUES TRUMP ADMINISTRATION FOR FULL TARIFF REFUNDS AFTER SUPREME COURT RULING ON IEEPA In addition to the discrimination charges, the EEOC suit alleges FedEx failed to maintain required administrative records in compliance with federal law. Melinda Dugas, the regional attorney for the EEOC’s Charlotte district, said the alleged conduct is a clear violation of the Americans with Disabilities Act, which mandates workplace accommodations for disabilities unless they cause an undue hardship for the employer. FILE - Side view of Fedex Ground shipping truck in San Ramon, California, March 3, 2022. (Smith Collection/Gado/Getty Images / Getty Images) FEDEX CEO SAYS SHIPPING REGULATIONS CREATING 'IMPOSSIBLE BURDEN' FOR COMPANY: 'WE ARE EXPECTED TO BE THE POLICEMAN' "Federal law is clear that failure to provide a needed reasonable accommodation for a disability where one is available and can be provided without causing undue hardship is unlawful discrimination," Dugas said. Ticker Security Last Change Change % FDX FEDEX CORP. 313.11 -12.15 -3.74% The agency noted that it pursued litigation only after prior attempts to reach a pre-litigation settlement through an administrative conciliation process were unsuccessful. FILE - FedEx is a delivery service with operations around the world. GET FOX BUSINESS ON THE GO BY CLICKING HERE FedEx did not immediately respond to FOX Business’ request for comment. |
|||
|
Saved
2026-06-30 21:38
1mo ago
Published
2026-06-30 16:00
1mo ago
|
Mastercard vs. Remitly Global: Which Financial Network Stock Is a Better Buy in 2026? | FMP Stock News | |
|
Original source text
Deciding between a global giant and a high-growth disruptor involves balancing safety and potential. Mastercard (MA +0.69%) and Remitly Global (RELY 1.67%) offer two very different paths for your portfolio in 2026.Mastercard is a cornerstone of the global economy, processing trillions in transactions through its established network. Remitly, meanwhile, focuses on the high-growth niche of international money transfers for migrants. Investors often compare them to see if the reliability of a blue chip leader outweighs the rapid expansion of a digital-first specialist. The case for MastercardMastercard operates a massive four-party payments network that links financial institutions, merchants, and governments across more than 210 countries. Rather than issuing cards directly, the company provides the technology that enables secure digital transactions. Strategic growth now focuses on digital partnership agreements, on-chain settlement with stablecoins, and AI-driven automation for machine payments. During FY 2025, revenue reached nearly $32.8 billion, representing a year-over-year increase of approximately 16.4%. This top-line growth supported net income of nearly $15 billion for the year. Maintaining a net margin of roughly 45.6% highlights the consistent profitability of this titan among financial stocks. As of its December 2025 balance sheet, the debt-to-equity ratio was approximately 2.5x, which compares total debt to shareholder equity. Free cash flow reached nearly $16.4 billion, which is the cash left over after accounting for all capital investments. The case for Remitly GlobalRemitly Global provides digital money transfer services primarily to help global migrants send funds to their recipient families. The company operates without a physical storefront, relying instead on a mobile app that supports transfers in more than 175 countries. It uses a network of third-party disbursement partners, such as international banks and mobile wallets, to deliver these funds. In FY 2025, revenue exceeded $1.6 billion, representing approximately 29% growth over the previous year. This growth helped the company achieve a net income of close to $67.9 million, resulting in a net margin of roughly 4.2%. This margin shows the percentage of revenue remaining after all expenses are paid, and the performance shows a significant swing toward profitability after the company reported net losses in prior years. As of its December 2025 balance sheet, the debt-to-equity ratio is approximately 0.3x. This ratio compares total debt to shareholder equity, indicating the company uses relatively little debt to fund its operations among financial stocks. Free cash flow for the period was $295.7 million. Note that stock-based compensation (SBC) accounted for roughly 48% of operating cash flow, inflating reported cash generation, since SBC is a non-cash expense added back in the cash flow statement. Risk profile comparisonMastercard faces significant litigation over interchange rates, though a $38 billion swipe-fee settlement in June 2026 provided some clarity. The company faces intense competition from Visa (V +0.27%) and American Express (AXP 0.80%), as well as emerging digital currencies and government-backed payment networks. Additionally, sophisticated cyberattacks and evolving global data privacy regulations pose ongoing operational challenges. Remitly Global faces geographic concentration risks, as much of its revenue comes from corridors like India, Mexico, and the Philippines. Compliance with anti-money laundering and counter-terrorism financing laws is critical, as any failure could lead to license loss or severe penalties. Finally, it is navigating an investigation and potential class-action litigation regarding its past financial results. Valuation comparisonRemitly Global has a lower P/S ratio than its peer, but Mastercard has a lower Forward P/E based on future earnings estimates. MetricMastercardRemitly GlobalSector BenchmarkForward P/E25.4x35.1x17.0xP/S ratio13.4x2.9xn/aSector benchmark uses the SPDR XLF sector ETF. Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers. Both Remitly Global and Mastercard operate in the essential financial transaction market. Do you prefer a dominant payment network or a nimble fintech upstart? Mastercard’s network handled $10.6 trillion of the estimated $41 trillion global consumer spend in 2025. Remitly’s share of global consumer spend is de minimis, indicating significant blue-sky potential for growth. Mastercard management, meanwhile, says it still has plenty of room to grow, given that some $11 trillion in transactions are still in cash. Individual consumers are the majority of Remitly’s customers, while a new venture targeting business users is just getting off the ground. The cross-border business has been good for Remitly’s core consumer. The company now offers 5,600 “corridors” for payments (for example, sending money between Argentina and Cape Verde would be one corridor). For fiscal 2026, revenue is expected to grow 20% to $1.97 billion with net income of $142 million, more than double that of 2025. Longer-term management sees AI, both integration with platforms and using the technology to lower costs, as key to greater growth. Mastercard is a behemoth, creating something like a duopoly with Visa in global payments, though one others, including Remitly, are slowly cracking. Mastercard’s 2026 profitability is seen increasing 14% to $17.1 billion on revenue of $37.1 billion, a rise of close to 15%. Remitly Global’s net income will more than double in 2026, according to Wall Street, to $142 million, on sales growth of 20% to $ 1.97 billion. Mastercard isn’t a bad choice, given its sheer size and profitability, but if you’re looking for growth in the fintech payments space, Remitly promises to outpace its larger rival, at least on percentage growth. |
|||
|
Saved
2026-06-30 21:37
1mo ago
Published
2026-06-30 15:48
1mo ago
|
This Energy Stock Pays a 4.2% Dividend That You Can Bank On | FMP Stock News | |
|
Original source text
Chevron (CVX 1.61%), one of the world's largest integrated energy companies, pays a forward dividend yield of 4.2%. It's raised its dividend annually for 39 consecutive years, putting it on track to become a Dividend King if it maintains that streak for 50 years in a row. Let's see why Chevron will remain a reliable income stock even as oil prices endure some volatile swings.Image source: Getty Images. What sets Chevron apart from its competitors? Chevron owns upstream exploration and extraction, midstream pipeline infrastructure, and downstream refining and chemical production businesses. When oil prices rise, upstream businesses flourish as their revenue growth outpaces their expenses -- but downstream businesses can struggle with rising input costs. Declining oil prices can help downstream companies but hurt upstream ones. Midstream companies, which merely charge tolls for using their pipelines, can generate stable profits in both environments. Chevron's scale and diversification across all three markets make it a more reliable, all-weather play on the energy market than stand-alone upstream, midstream, and downstream companies. It has a presence in 180 countries, but most of its oil and natural gas comes from the U.S., Kazakhstan, and Australia rather than the volatile Middle East. Today's Change ( -1.61 %) $ -2.71 Current Price $ 165.76 Why is Chevron a reliable dividend stock? Over the past 12 months, Chevron spent 95% of its free cash flow (FCF) on its dividends. That high cash dividend payout might seem like a red flag, but the energy giant has plenty of ways to generate more cash. It's expanding its Tengiz Field in Kazakhstan, upgrading its main field in the Permian Basin, launching new deepwater projects in the Gulf of Mexico, increasing its natural gas production in Australia, and ramping up its presence in Guyana, one of the world's fastest-growing oil regions, through its recent acquisition of Hess. Chevron expects those catalysts to boost its oil and gas production by 2%-3% annually through 2030. To achieve that expansion without crushing its margins, it aims to reduce its structural costs by $3 billion to $4 billion by the end of 2026. Analysts expect its adjusted EPS to nearly double this year, yet its stock still looks like a bargain at 11 times forward earnings. Chevron's stock declined over the past month as oil prices pulled back, but it should easily weather the downturn and continue to raise its dividends. It's been a reliable income stock for nearly four decades, and it will remain a top energy dividend play for the foreseeable future. |
|||
|
Saved
2026-06-30 21:37
1mo ago
Published
2026-06-30 16:41
1mo ago
|
Michael Burry says he's shorting Caterpillar for the first time after it nearly doubled in the AI-driven rally of 2026 | FMP Stock News | |
|
Original source text
Michael Burry said Tuesday he has placed a bearish wager against Caterpillar, believing the construction-equipment maker has become one of the market's most overvalued beneficiaries of the artificial intelligence investment boom.The famed investor said he shorted Caterpillar shares at $1,060.98, alongside new bearish positions in Nvidia, Applied Materials, Tesla and the iShares Semiconductor ETF (SOXX), as he prepared for what he believes is an increasingly overextended rally in AI-linked stocks. "Caterpillar jumped out at me," Burry wrote in a Tuesday SubStack post. "I have never shorted Caterpillar. It has always done great for me on the long side in the past." Caterpillar shares just capped off the first half of 2026 with an 86% gain, making the construction equipment giant one of the best-performing stocks in the S&P 500 this year as investors increasingly embraced it as a proxy for the global AI infrastructure buildout. Caterpillar year to date Burry said Caterpillar's stock valuation has reached levels that caught his attention. He shared a chart showing Caterpillar's price-to-sales ratio climbing to the highest level in at least three decades at the same time as the stock surged to record highs. The investor, who famously predicted and profited from the subprime mortgage crisis in 2008, also reiterated his broader concerns about semiconductor valuations. He said the Philadelphia Semiconductor Index is trading about 65% above its 200-day moving average, a level he said was only reached previously during the dot-com bubble in 2000. "The proximate cause of today's rally is big spending announced out of Korea. Well, I see that as the beginning of the end," Burry said. "It is only a matter of time now." |
|||
|
Saved
2026-06-30 21:36
1mo ago
Published
2026-06-30 16:15
1mo ago
|
Caldera Launches PrimeCenter 5.0 to Streamline Workflows for Print Providers | FMP Stock News | |
|
Original source text
, /PRNewswire/ -- Caldera, part of Dover (NYSE: DOV), today announced the release of PrimeCenter 5.0, a significant update to its innovative wide-format intelligent job preparation and prepress workflow solution. The latest enhancement reduces manual rework and production delays while delivering measurable time and cost savings to print providers. With PrimeCenter 5.0, operators using any Raster Image Processor ("RIP") can easily inspect, modify, validate, and confirm files in a single workspace before moving directly to optimized layouts or exporting clean PDFs across workstations.File preparation remains one of the biggest sources of delays and rework for wide-format print businesses, with complex applications such as double-sided or multilayer printing often requiring manual intervention. The introduction of File Editor in PrimeCenter 5.0 brings all key prepress functions into a single environment, reducing the need to switch between tools and ensuring both accuracy and consistency. Print businesses can save up to 30 minutes per print job, enabling them to scale production and meet customer turnaround expectations. "PrimeCenter 5.0 reflects what print teams tell us they need every day: a quicker, easier way to get files production-ready while keeping full control. With File Editor, users can check, fix, and validate files in one place before moving straight into layout creation. That means less jumping between tools, less rework, and more time spent getting jobs out the door across manual and automated workflows," said Sebastien Hanssens, Vice President of Marketing at Caldera. Integrated directly into PrimeCenter 5.0, File Editor allows users to review critical file components such as dimensions and cutting paths, apply immediate corrections, and confirm results in real time. Files can then be sent directly to PrimeCenter's Layout Creator, where jobs are automatically nested into optimized layouts for printing and cutting. Files can also be exported from File Editor to PDF. PrimeCenter 5.0 continues to support integration with major RIP software, printers, and cutting systems, making it suitable for a broad range of applications, from sticker production and retail graphics to high-volume batch workflows. About Caldera: Headquartered outside Strasbourg in Eckbolsheim, France, Caldera is a leading developer and distributor of innovative software solutions serving the graphics and textile markets. Over the past 30 years, Caldera has developed recognition as the leading developer of raster image processing software, color management and workflow solutions for the graphics and textile space. Additional information is available on the company's website at www.caldera.com. About Dover: Dover is a diversified global manufacturer and solutions provider with annual revenue of over $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 70 years, our team of approximately 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com. Caldera Contact: Sébastien Hanssens +33 3 88210000 [email protected] Dover Media Contact: Adrian Sakowicz, VP, Communications (630) 743-5039 [email protected] Dover Investor Contact: Jack Dickens, VP, Investor Relations (630) 743-2566 [email protected] SOURCE Dover |
|||
|
Saved
2026-06-30 21:35
1mo ago
Published
2026-06-30 16:37
1mo ago
|
These Are The Best-Performing Dow Stocks Of Q2 And First Half Of 2026 | FMP Stock News | |
|
Original source text
StoreSubscribeSign In My Subscriptions Founder's ClubSwingTraderLeaderboardMarketSurgeeIBDIBD DigitalIBD LiveCustomer Center My Stock Lists Email Preferences Help & Support Sign Out Search stocks or keywords Sections My IBD MARKET TREND STOCK LISTS STOCK RESEARCH NEWSECONOMY VIDEOS & PODCASTS HOW TO INVESTEDUCATIONAL RESOURCESStoreMy Products Founder's ClubSwingTraderLeaderboardMarketSurgeeIBDIBD DigitalIBD Live Recently Searched Applied Materials Surges To Record High, Joins Dell, MDA Space, 17 Others On Best Stock Lists Nasdaq Recovers This Key Price Level As AI, Tech Stocks Show Bullish Rebound Dow Jones Futures: Stock Market Rallies On U.S.-Iran News; Alphabet, Rocket Lab, SpaceX, Tesla Are Big Winners CAT stock leads the best-performing Dow stocks of the second quarter of 2026. Alongside Caterpillar (CAT), United Health Group (UNH), Cisco Systems (CSCO), Alphabet (GOOGL) and Goldman Sachs (GS) round out the list of the five best Dow Jones stocks during Q2. Best Dow Stocks Of Q2: CAT Stock Is No. 1 Caterpillar stock topped the Dow Jones Industrial Average… Copyright ©2026 Investor's Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8 |
|||
|
Saved
2026-06-30 21:34
1mo ago
Published
2026-06-30 16:05
1mo ago
|
Digital Realty Schedules Second Quarter 2026 Earnings Release and Conference Call | FMP Stock News | |
|
Original source text
June 30, 2026 16:05 ET | Source: Digital Realty Trust, L.P.AUSTIN, Texas, June 30, 2026 (GLOBE NEWSWIRE) -- Digital Realty (NYSE: DLR), the world’s largest cloud- and carrier-neutral data center platform, today announced that it will release financial results for the second quarter of 2026 after the market closes on Thursday, July 23, 2026. The company will host a conference call to discuss these results at 5:00 p.m. ET / 4:00 p.m. CT on Thursday, July 23, 2026. A live webcast of the call will be available on the Investors section of Digital Realty's website at https://investor.digitalrealty.com. The webcast will be archived until July 23, 2027 and the replay will be available shortly after the conclusion of the live event. _________________________________ About Digital Realty Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL®, the company’s global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx®) solution methodology for powering innovation, from cloud and digital transformation to emerging technologies like artificial intelligence (AI), and efficiently managing Data Gravity challenges. Digital Realty gives its customers access to the connected data communities that matter to them with a global data center footprint of 300+ facilities in 55+ metros across 30+ countries on six continents. To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and X. For Additional Information Investor Relations Jordan Sadler / Jim Huseby Digital Realty +1 (737) 281-0101 [email protected] |
|||
|
Saved
2026-06-30 21:34
1mo ago
Published
2026-06-30 16:15
1mo ago
|
American Tower Plans Second Quarter 2026 Earnings Release and Conference Call | FMP Stock News | |
|
Original source text
-BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) announced today that the press announcement of its second quarter 2026 results is scheduled to be released to the news services at 7:00 a.m. ET on Tuesday, July 28, 2026. In addition, the Company has scheduled a conference call at 8:30 a.m. ET on July 28, 2026, to discuss its results. Earnings Call Information Date/Time Tuesday, July 28, 2026, at 8:30 a.m. ET Pre-Registration Link for Dial-In Access Participants can pre-register for the conference call here in order to receive dial-in information. Access via Webcast The earnings call will be broadcast live (listen only) and can be replayed shortly after the conclusion of the call via the Investor Relations webcast at https://www.americantower.com/investor-relations/webcasts/. American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of nearly 150,000 communications sites and a highly interconnected footprint of U.S. data center facilities. For more information about American Tower, please visit www.americantower.com. More News From American Tower Corporation Back to Newsroom |
|||
|
Saved
2026-06-30 21:33
1mo ago
Published
2026-06-30 16:23
1mo ago
|
Pomerantz Law Firm Announces the Filing of a Class Action Against First Solar, Inc. and Certain Officers – FSL | FMP Stock News | |
|
Original source text
NEW YORK, June 30, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against First Solar, Inc. (“First Solar” or the “Company”) (NASDAQ: FSLR) and certain officers. The class action, filed in the United States District Court for the Eastern District of New York, and docketed under 26-cv-03787, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired First Solar securities between February 26, 2025 and February 24, 2026, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.If you are an investor who purchased or otherwise acquired First Solar securities during the Class Period, you have until August 24, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. [Click here for information about joining the class action] First Solar is a solar technology company that provides photovoltaic (“PV”) solar energy solutions. First Solar manufactures and sells PV solar modules that convert sunlight into electricity. As relevant here, First Solar’s product offerings include its Series 6 Plus PV module, manufactured at facilities in locations including Malaysia and Vietnam. At the outset of the Class Period, Defendants announced that First Solar would reduce production output of Series 6 modules at facilities in Malaysia and Vietnam in 2025, to account for circumstances including, inter alia, an “uncertain U.S. policy environment following the 2024 U.S. elections,” and “a supply and demand imbalance for Southeast Asian product”. Notwithstanding these circumstances, First Solar reassured investors that its primary market, the United States, enjoyed stable module prices. Then, on April 2, 2025, United States (“U.S.”) President Donald J. Trump announced a series of “reciprocal” tariffs on U.S. imports from all countries, including rates of 24% and 46% on Malaysia and Vietnam, respectively, presenting a challenge to First Solar. These tariffs were subsequently reduced to 10%. Throughout the Class Period, Defendants continued to assure investors that the dynamic policy landscape presented a “long term favorable” for First Solar and actually “strengthened [its] relative position in the solar manufacturing industry”. The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Defendants had overstated First Solar’s capacity to manage the impact of U.S. tariff policy on the Company’s business; (ii) Defendants understated the extent to which its responses to U.S. tariff policy, including the intentional underutilization of production facilities in Malaysia and Vietnam, and attempted relocation of production to the U.S., were likely to negatively impact First Solar’s projected performance in the 2026 fiscal year; and (iii) as a result, Defendants’ public statements were materially false and misleading at all relevant times. The truth began to emerge on January 7, 2026, when Jefferies downgraded First Solar to Hold from Buy, noting that during 2025, the Company had lowered guidance, faced significant de-bookings and experienced margin compression through 2025. Jefferies also flagged that “[international] facilities remain a pain point while tariffs exist” and “underutilization at [international] facilities remains a concern.” The Jefferies analyst also predicted that First Solar’s deployment opportunities were likely to be more limited in 2026. On this news, First Solar’s stock price fell $27.67 per share, or 10.29%, to close at $241.11 per share on January 7, 2026. Then, on February 24, 2026, First Solar issued a press release “announc[ing] financial results for the fourth quarter and year ended December 31, 2025.” Among other items, First Solar announced earnings that missed expectations by a wide margin and issued lower-than-expected FY 2026 revenue guidance, citing customer headwinds such as permitting delays under the Trump administration. Following First Solar’s announcement, Baird Research downgraded its stock to Neutral from Outperform, citing “several question marks in forward outlook”. On this news, First Solar’s stock price fell $33.09 per share, or 13.61%, to close at $210.12 per share on February 25, 2026. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: Danielle Peyton Pomerantz LLP [email protected] 646-581-9980 ext. 7980 |
|||
|
Saved
2026-06-30 21:33
1mo ago
Published
2026-06-30 16:34
1mo ago
|
Realty Income Forms Programmatic Joint Venture with Cloud Capital and a Global Institutional Investor to Invest in Hyperscale Data Centers; Initial Seed Assets Valued at Over $6 Billion | FMP Stock News | |
|
Original source text
- Realty Income, Global Institutional Investor, and Cloud Capital Form JV to Invest in Hyperscale Data Centers- Realty Income Expects to Invest up to $1.4 Billion for 45% Equity Stake in a Three-Asset Northern Virginia Portfolio - JV to Acquire One Stabilized Asset in the Third Quarter of 2026 and Two Assets Under Development at a Future Date - 100% Leased or Pre-Leased Portfolio to Investment‑Grade Hyperscale Tenants Under Long‑Duration Leases , /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced a strategic joint venture with Cloud Capital and its affiliates ("Cloud Capital") and a global institutional investor (the "Global Investor"). The joint venture intends to invest in a diversified portfolio of stabilized hyperscale assets leased to investment-grade tenants under long-duration, triple-net leases. The joint venture has committed to acquire three data center assets which are in strategically located markets and leased to hyperscale tenants (the "Portfolio"). The programmatic nature of the joint venture will provide a platform for Realty Income to take advantage of future investments in qualifying data center developments and acquisitions within the United States and Europe. "Today's announcement affirms the strength of our business model and its ability to translate across sectors, including digital infrastructure," said Sumit Roy, President and Chief Executive Officer of Realty Income. "We are pleased to advance a scaled digital infrastructure platform while deepening our programmatic relationship with Cloud Capital, which is vertically integrated with CloudHQ, a best-in-class developer and operator. The combination of high-quality data center assets leased to investment-grade tenants, long-duration triple-net leases, and an attractive return profile reflects our disciplined approach to capital allocation and value creation." "Hyperscale customers need infrastructure delivered at unprecedented scale and pace," said Hossein Fateh, Founder and Chief Executive Officer of Cloud Capital and CloudHQ. "Partnering with Realty Income and the Global Investor brings together the capital and the operating expertise to meet that demand and to extend our leadership in the sector." Realty Income expects to invest up to $1.4 billion that will be funded over time, with initial investments of approximately $700 million expected to be funded between the second and third quarter of 2026. As part of the transaction, Realty Income will acquire an initial 45% interest in the first Portfolio asset, a stabilized hyperscale data center asset located in Northern Virginia's "data center alley" that is fully leased to an investment-grade hyperscale tenant under a long-term triple-net lease. Realty Income has also agreed to acquire similar interests in two assets under development upon completion in the coming years, subject to certain conditions being satisfied. CloudHQ, a leading private global data center company, will provide property management and development management services to the Portfolio. Cloud Capital will hold a minority investment in the Portfolio. The transaction is expected to generate an attractive cash-on-cash yield consistent with Realty Income's targets. Transaction Highlights: The assets in the Portfolio are in Northern Virginia's "data center alley," one of the world's largest and most important data center markets. The assets are underpinned by 15-year to 20-year triple‑net lease agreements with investment‑grade hyperscale tenants, featuring embedded annual rent escalators customary for these types of hyperscale data centers. The assets are expected to support the mega-trends of cloud computing and artificial intelligence, demonstrating the long-term strategic importance of the Portfolio. The joint venture is programmatic, allowing Realty Income to take advantage of future investments in qualifying data center developments and acquisitions within the United States and Europe. Moelis & Company LLC served as financial advisor and Latham & Watkins LLP served as legal counsel to Realty Income. Goldman Sachs & Co. LLC served as financial advisor and Jones Day served as legal counsel to Cloud Capital. About Realty Income Realty Income (NYSE: O), an S&P 500 company, is real estate partner to the world's leading companies®. Founded in 1969, we serve our clients as a full-service real estate capital provider. As of March 31, 2026, we have a portfolio of over 15,500 properties in all 50 U.S. states, the U.K., and eight other countries in Europe. We are known as "The Monthly Dividend Company®" and have a mission to invest in people and places to deliver dependable monthly dividends that increase over time. Since our founding, we have declared 672 consecutive monthly dividends and are a member of the S&P 500 Dividend Aristocrats® index for having increased our dividend for over 31 consecutive years. Additional information about the company can be found at www.realtyincome.com. Investors and others should note that we announce material financial and operational information to our investors using our investor relations website (www.realtyincome.com/investors), press releases, SEC filings and public conference calls and webcasts. About Cloud Capital Cloud Capital is a leading global specialized investment management firm focused on acquiring, managing and operating high-quality data centers. Since 2020, Cloud Capital has acquired a portfolio of 30 data center assets worldwide valued at over $12 billion, employing a rigorous and disciplined underwriting process for both proprietary and off-market data center transactions and active hands-on asset management. Cloud Capital has offices in Washington, D.C., San Francisco, CA, and London. For more information, please visit: www.cloudcapital.com About CloudHQ CloudHQ is a global data center company that partners with the world's largest technology companies to provide reliable and secure power and operating infrastructure. CloudHQ's state-of-the-art facilities and expert team ensure its clients have the support to drive their businesses forward at the speed they need. With a focus on flexibility, scalability, and customer service, CloudHQ is the partner of choice for leading technology firms around the world. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. When used in this press release, the words "estimate," "anticipate," "assume," "expect," "believe," "intend," "continue," "should," "may," "likely," "plan," "seek," and similar expressions are intended to identify forward-looking statements. Forward-looking statements include discussions of the joint venture with Cloud Capital and the Global Investor; joint ventures, partnerships, and portfolio including management and ownership thereof; growth and capital strategies including our private capital business, investment pipeline and intentions to acquire or dispose of properties (including geographies, timing, partners, clients and terms); re-leases, re-development and speculative development of properties and expenditures related thereto; and macroeconomic and other business trends. Forward-looking statements are subject to risks, uncertainties, and assumptions about us, which may cause our actual future results to differ materially from expected results. Some of the factors that could cause actual results to differ materially are, among others, our continued qualification as a real estate investment trust; general domestic and foreign business, economic, or financial conditions; competition; fluctuating interest and currency rates; inflation and its impact on our clients and us; access to debt and equity capital markets and other sources of funding (including the terms, structure and partners of such funding); volatility and uncertainty in the credit and financial markets; other risks inherent in real estate, private capital, credit and mezzanine investments, and joint ventures or co-investment ventures, including solvency, defaults under leases, bankruptcies, potential liability relating to environmental matters, illiquidity of real estate investments (including rights of first refusal or rights of first offer), and potential damages from natural disasters; impairments in the value of our real estate assets; volatility and changes in domestic and foreign laws and the application, enforcement or interpretation thereof (including with respect to tax laws and rates); property ownership through co-investment ventures, funds, joint ventures, partnerships and other arrangements which, among other things, may transfer or limit our control of the underlying investments; epidemics or pandemics; the loss of key personnel; the threat and outcome of any legal proceedings to which we are a party or which may occur in the future; acts of terrorism and war; the anticipated benefits from mergers, acquisitions, co-investment ventures, funds, joint ventures, partnerships and other arrangements; and those additional risks and factors discussed in our reports filed with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are not guarantees of future plans and performance and speak only as of the date of this press release. Past operating results and performance are provided for informational purposes and are not a guarantee of future results. There can be no assurance that historical trends will continue. Actual plans and results may differ materially from what is expressed or forecasted in this press release and expectations and forecasts made in the forward-looking statements discussed in this press release may not materialize. We do not undertake any obligation to update forward-looking statements or publicly release the results of any forward-looking statements that may be made to reflect events or circumstances after the date these statements were made or to reflect the occurrence of unanticipated events. SOURCE Realty Income Corporation |
|||
|
Saved
2026-06-30 21:32
1mo ago
Published
2026-06-30 15:45
1mo ago
|
This Pharmaceutical Giant Just Poured $11 Billion on an Acquisition. Time to Buy? | FMP Stock News | |
|
Original source text
AbbVie's (ABBV 1.25%) financial results have been strong recently, largely thanks to its key growth drivers, Skyrizi and Rinvoq. However, both of these immunosuppressants will lose patent exclusivity in the next decade. While these patent cliffs are still some ways away, considering the time it takes to develop brand-new therapies, now is as good a time as any for AbbVie to start figuring out how it will overcome them. The company recently made a move in that direction with a massive acquisition. Let's find out whether these recent developments make AbbVie stock a buy.Image source: The Motley Fool. Strengthening its immunology portfolio On June 22, AbbVie announced that it would acquire Apogee Therapeutics (APGE +0.09%), a biotech company focused on developing medicines for immunological and inflammatory diseases. AbbVie will pay about $10.9 billion in cash for this buyout. In exchange, it will inherit a pipeline with several candidates, the most promising of which is zumilokibart, an investigational therapy for eczema. This medicine has performed well in mid-stage studies and could fill an unmet need in this niche. Many patients fail to achieve significant symptom improvement and still have to deal with dry, itchy patches of skin. Zumilokibart has so far demonstrated that it could perform just as well as -- if not better than -- current standards of care while being more convenient, as it may require fewer injections than many competitors. Apogee planned on starting phase 3 studies for this drug later this year. The biotech also thinks zumilokibart could eventually earn label expansions in other areas, including asthma. The eczema market alone is vast, with some estimates putting it at $19.4 billion last year. If zumilokibart successfully passes phase 3 studies and earns approval, it could become an important growth driver for AbbVie. Today's Change ( -1.25 %) $ -3.18 Current Price $ 251.13 Multiple reasons to buy the stock AbbVie has historically generated much of its revenue from immunology. The company's former best-selling medicine, Humira, treated several conditions in this market and peaked at $21.2 billion in annual sales. Skyrizi and Rinvoq, AbbVie's current growth pillars, are also important drugs in this niche. Their combined revenue should exceed $31 billion this year, according to the company. Acquiring another potential future immunology superstar fits right into AbbVie's strategy. Of course, there is always the possibility that zumilokibart will fail to prove effective in phase 3 studies. Even with that possibility, AbbVie's shares look attractive for several reasons. First, it wouldn't be the first time AbbVie has overcome a late-stage clinical trial failure for a promising candidate. The company has a deep pipeline with promising products across several areas, including the fast-growing field of anti-obesity. Besides, there is still plenty of time before Skyrizi and Rinvoq lose patent exclusivity. So, in case zumilokibart turns out to be a flop, AbbVie will regroup and try again. Second, the drugmaker has several other products in its lineup that are helping drive solid top-line growth. It doesn't just depend on Skyrizi and Rinvoq for that. Medicines like Qulipta, a migraine treatment, are contributing as well. Lastly, AbbVie is a phenomenal dividend stock, with a streak of more than 50 consecutive years of payout increases (54, to be exact), making it a Dividend King. For all those reasons and more, AbbVie is a great pick, especially for income seekers. |
|||
|
Saved
2026-06-30 21:31
1mo ago
Published
2026-06-30 11:07
1mo ago
|
Amazon AWS launches new AI engineering division with $1B commitment | FMP Stock News | |
|
Original source text
Amazon Web Services (AWS) on Tuesday launched a new Forward Deployed Engineering (FDE) organization, committing $1 billion in internal resources to help customers build and deploy artificial intelligence systems.The new unit will embed AI-focused engineers within customer organizations to develop purpose-built AI agents and accelerate implementation. AWS said the engagements are intended to deliver working systems within weeks while enabling customers to manage and expand them independently. The $1 billion commitment reflects internal Amazon resources rather than an external investment or joint venture. The move comes as demand grows for hands-on support with enterprise AI adoption, prompting technology providers to expand deployment services. "We've had capabilities over the years, but structurally this is like getting everybody together in one business unit with a common rubric of deployment," Francessca Vasquez, AWS vice president of Frontier AI Engineering and Services, said in an interview. "It's the first time we're doing it in that way." Vasquez said the organization will launch with thousands of forward deployed engineers. Small teams of roughly five or six engineers will work alongside customers' business, engineering and security staff, as well as AI agents capable of completing tasks autonomously. In a blog post announcing the initiative, AWS said the objective is to leave customers with more than deployed software. "Customers leave AWS FDE deployments with both new solutions and new engineering capabilities," the company wrote. "Along with agentic systems running in their own AWS environment, they gain lasting AI skills, workflows, and patterns they can use to innovate independently." The forward deployed engineering model, pioneered by Palantir Technologies Inc (NYSE:PLTR) more than a decade ago, places engineers inside client organizations to tailor deployments while transferring expertise to internal teams. The approach has gained momentum as companies accelerate AI adoption. Earlier this year, OpenAI (Unlisted:OPAI) and Anthropic launched their own FDE ventures with financial and consulting partners. AWS said its new organization makes it the first hyperscale cloud provider to establish a dedicated forward deployed engineering unit. "The currency that the customers are always talking about right now is speed," Vasquez said. "We do see FDE being a choice for customers who are looking for accelerated value back to their stakeholders, their customers, their executive teams." |
|||
|
Saved
2026-06-30 21:30
1mo ago
Published
2026-06-30 16:38
1mo ago
|
Record chip rally adds $2 trillion in combined value to Micron, Intel and AMD in second quarter | FMP Stock News | |
|
Original source text
Chipmakers not named Nvidia soared in the second quarter as investors widened their artificial intelligence portfolios, with Micron and Intel more than tripling in value and Advanced Micro Devices not far behind.Those three companies gained about $2 trillion in combined market cap in the period and are now the 10th, 11th and 12th most valuable U.S. tech companies. While AI chipmaker Nvidia remains the biggest company by market cap and continues to notch massive revenue growth, the stock only gained 15% in the second quarter. Its hyperscaler customers — Amazon, Alphabet, Meta and Microsoft — showed mixed results in the period, with Meta falling by almost 2% for the worst performance in the group, and Alphabet leading the pack by gaining 24%. "The rotation out of AI hyperscalers into AI enablers has shifted investors' euphoria into semis, driving spectacular rallies," wrote Barclays analyst Anshul Gupta, in a note on Tuesday. Micron, one of three major computer memory producers, rose over 240% during the quarter, adding roughly $920 billion in market cap. Last week, the company reported that revenue in the latest quarter more than quadrupled due to skyrocketing memory prices from AI chipmakers. Micron's gross margin, the profit left after accounting for the cost of goods sold, jumped to 84.9% in the third quarter from 39% a year earlier. Intel, the legacy maker of central processing units (CPUs), jumped 216% in the quarter, resulting in an added $480 billion in market cap. Intel is building U.S. chip factories while simultaneously benefiting from renewed demand for CPUs as more AI moves to devices. AMD, Intel's rival in CPUs, added $615 billion in value after its stock price nearly tripled. AMD also makes graphics processing units, though it's far behind Nvidia in that market. Analysts previously said market moves during the quarter could represent a "changing of the guard in AI," as investors pile into companies that make semiconductors complimentary to Nvidia's chips, and bet that a massive expansion in capital expenditures for AI data centers will boost a wider range of companies. Other parts of the AI infrastructure supply chain aside from memory and processors also boomed. Marvell, which makes networking gear, climbed about 200%. Arm, which supplies technology and designs to other chipmakers, rose 134% in the quarter. The VanEck Semiconductor ETF (SMH) rose 71% in the period, the fund's best quarterly performance since it started trading in 2000. watch now |
|||
|
Saved
2026-06-30 21:30
1mo ago
Published
2026-06-30 17:16
1mo ago
|
Micron: This Cycle Is Different | FMP Stock News | |
|
Original source text
956 FollowersAnalyst’s Disclosure: I/we have a beneficial long position in the shares of MU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. |
|||
|
Saved
2026-06-30 21:30
1mo ago
Published
2026-06-30 16:22
1mo ago
|
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Zillow, Inc. of Class Action Lawsuit and Upcoming Deadlines – Z | FMP Stock News | |
|
Original source text
NEW YORK, June 30, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Zillow, Inc. (“Zillow” or the “Company”) (NASDAQ: Z). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Zillow and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. You have until August 10, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Zillow securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com. [Click here for information about joining the class action] On September 30, 2025, the U.S. Federal Trade Commission (“FTC”) filed a complaint (the “FTC Complaint”) against Zillow and Redfin alleging violations of federal antitrust laws arising from, among other things, the Redfin Agreement. The FTC Complaint alleged that “on February 6, 2025, Zillow and Redfin executed an unlawful agreement to remove competition from [the online rental marketplaces industry], starting with a $100 million payment to Redfin to exit the [Internet Listing Services] market.” On this news, Zillow’s Class C common stock price fell $3.49 per share, or 4.33%, to close at $77.05 on September 30, 2025. The following day, it fell a further $3.57 per share, or 4.63%, to close at $73.48 per share on October 1, 2025. Meanwhile, Zillow’s Class A common stock price fell Class A common stock fell $3.51 per share, or 4.5%, to close at $74.44 per share on September 30, 2025. The following day, it fell a further $3.26 per share, or 4.37%, to close at $71.18 per share. Then, on February 10, 2026, Zillow conducted an earnings call to discuss its financial performance for the fourth quarter of 2025. During the call, Chief Financial Officer Jeremy Hoffman disclosed that the Company was facing significant “ongoing elevated legal expenses.” On this news, Zillow Class C stock fell $9.32 per share, or 17.12%, to close at $45.10 per share on February 11, 2026. The next day, it fell a further $1.40 per share, or 3.1%, to close at $43.70 per share on February 12, 2026. Meanwhile, Zillow Class A stock fell $9.05 per share, or 16.5%, to close at $45.66 on February 11, 2026. The following day, it fell a further $1.84, or 4.02%, to close at $43.82 per share on February 12, 2026. Finally, on May 7, 2026, Reuters published an article entitled “Zillow, Redfin fail to end FTC lawsuit claiming they suppressed rental competition.” The article reported that a “federal judge rejected [Zillow and Redfin’s] request to end a [FTC] lawsuit accusing them of illegally agreeing to suppress competition for online apartment rental listings.” On this news, Zillow’s Class C common stock fell $0.85 per share, or 1.9%, to close at $43.68 on May 7, 2026. The following day, Zillow’s Class C common stock fell a further $2.25 per share, or 5.15%, to close at $41.43 on May 8, 2026. Meanwhile, Zillow’s Class A stock fell $0.79 per share, or 1.76%, to close at $44.04 on May 7, 2026. The following day, it fell a further $2.10 per share, or 4.76%, to close at $41.94 on May 8, 2026. The following trading day, May 11, 2026, Zillow Class A common stock fell a further $1.29, or 3.07%, to close at $40.65 per share. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: Danielle Peyton Pomerantz LLP [email protected] 646-581-9980 ext. 7980 |
|||
|
Saved
2026-06-30 21:30
1mo ago
Published
2026-06-30 16:30
1mo ago
|
ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Zillow Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - Z, ZG | FMP Stock News | |
|
Original source text
New York, New York--(Newsfile Corp. - June 30, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A or Class C common stock of Zillow Group, Inc. (NASDAQ: ZG) (NASDAQ: Z) between February 11, 2025 and May 7, 2026, both dates inclusive (the "Class Period"), of the important August 10, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.SO WHAT: If you purchased Zillow common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Zillow class action, go to https://rosenlegal.com/cases/zillow-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 10, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Zillow's agreement with Redfin Corporation was not a "partnership," but rather an acquisition of Redfin's business; (2) as a result of the Redfin Agreement, Zillow faced a materially heightened risk of regulatory scrutiny and liability under federal antitrust laws; (3) upon the filing of an antitrust lawsuit, Zillow continued to downplay its legal exposure; and (4) as a result, defendants' statements about Zillow's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Zillow class action, go to https://rosenlegal.com/cases/zillow-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm. Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303560 Source: The Rosen Law Firm PA Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
|||
|
Saved
2026-06-30 21:30
1mo ago
Published
2026-06-30 16:37
1mo ago
|
Zillow Group Securities Fraud Class Action Arising from Alleged Anticompetitive Agreement and Related Regulatory Risks - Investors May Contact Lewis Kahn, Esq., at Kahn Swick & Foti, LLC | FMP Stock News | |
|
Original source text
New York, New York and New Orleans, Louisiana--(Newsfile Corp. - June 30, 2026) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until August 10, 2026 to file lead plaintiff applications in a securities class action lawsuit against Zillow Group, Inc. (NASDAQ: ZG) (NASDAQ: Z) ("Zillow" or the "Company"), if they purchased or otherwise acquired Zillow Class A or Class C common stock between February 11, 2025 and May 7, 2026, inclusive (the "Class Period"). This action is pending in the United States District Court for the Western District of Washington.Cannot view this video? Visit: https://www.youtube.com/watch?v=hIyQUNEoCGc What You May Do If you purchased shares of Zillow as described above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-zg-z/?prs=nf to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by August 10, 2026. CLICK HERE for more information About the Lawsuit Zillow and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. The alleged false and misleading statements and omissions include, but are not limited to, that: (i) Zillow's agreement with Redfin was not a "partnership," but rather an acquisition of Redfin's business; (ii) as a result of the Redfin Agreement, Zillow faced a materially heightened risk of regulatory scrutiny and liability under federal antitrust laws; (iii) upon the filing of an antitrust lawsuit, Zillow continued to downplay its legal exposure; and (iv) as a result, Defendants' statements about Zillow's business, operations, and prospects, were materially false and misleading and or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. The case is Breidert v. Zillow Group, Inc., et al., 26-cv-02016. To Learn More, Click HERE About Kahn Swick & Foti, LLC KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors, in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg. TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services To learn more about KSF, you may visit www.ksfcounsel.com. For More Information about the case, Click HERE CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303558 Source: Kahn Swick & Foti, LLC Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
|||
|
Saved
2026-06-30 21:29
1mo ago
Published
2026-06-30 16:01
1mo ago
|
TSMC vs. NVIDIA: Which AI Semiconductor Stock Should You Buy in July? | FMP Stock News | |
|
Original source text
Key Takeaways TSMC is favored for July on AI growth, manufacturing leadership and stable earnings estimate revisions.TSM expects more than 30% 2026 revenue growth, driven by AI accelerators and HPC chip demand.NVIDIA expanded AI partnerships and Vera Rubin production but faces competition and export uncertainty. AI semiconductor stocks took center stage in June as continued enterprise AI adoption, sustained hyperscaler investments in AI infrastructure and a steady stream of product and manufacturing updates strengthened in the sector's long-term growth prospects. With July set to begin, this is an appropriate time for investors to reassess the AI landscape and compare its two most influential companies, Taiwan Semiconductor Manufacturing (TSM - Free Report) , or TSMC, and NVIDIA (NVDA - Free Report) .The month of June saw the production ramp of NVIDIA's next-generation Vera Rubin AI platform and continued hyperscaler spending on AI infrastructure. TSMC, on the other hand, reaffirmed that the AI megatrend remains a key growth driver. The company expects more than 30% revenue growth in 2026, supported by sustained demand for advanced process technologies, with high-performance computing contributing 61% of first-quarter revenues. Let's get into the details. Investment Case for TSMThe company currently expects more than 30% U.S. dollar revenue growth in 2026, driven by robust demand for AI accelerators and high-performance computing chips, with the HPC segment accounting for 61% of first-quarter revenues. TSMC's May 2026 revenues rose 30.1% year over year to NT$320.52 billion, highlighting sustained demand for advanced-node and AI-related chip production. The company is also advancing its manufacturing leadership through expanding 2-nanometer production and leveraging NVIDIA's AI technologies to improve chip design, lithography, process control and defect inspection. These developments support TSMC's long-term competitive moat as the preferred manufacturing partner for leading AI chip designers. However, investors should continue to monitor geopolitical tensions surrounding Taiwan, elevated capital expenditures tied to global capacity expansion and the potential impact of higher manufacturing costs. Investment Case for NVIDIANVIDIA strengthened its AI leadership in June by ramping its next-generation Vera Rubin platform into full production while expanding partnerships across the semiconductor ecosystem. The company announced collaborations with TSMC to integrate AI into chip design and manufacturing and with SK hynix to accelerate innovation in AI memory. These initiatives should support long-term demand as hyperscalers and enterprises continue investing heavily in AI infrastructure. Nevertheless, NVIDIA continues to face increasing competition in AI accelerators and custom silicon, while investors remain focused on export restrictions affecting certain international markets and whether hyperscaler AI spending can sustain its current pace. TSMC Outperforms NVIDIA in JuneRecent share price performance also makes this comparison particularly relevant before the start of July. Over the past 30 days, TSMC shares gained approximately 4.5%. In contrast, NVIDIA shares declined about 13.1%. Image Source: Zacks Investment Research Comparing Earnings Estimate RevisionsBoth companies have witnessed favorable earnings estimate revisions over the past two months, reflecting confidence in sustained AI demand. The Zacks Consensus Estimate for TSM’s earnings has moved steadily higher for both 2026 and 2027 without any downward revisions over the past 60 days, indicating stable analyst sentiment. Image Source: Zacks Investment Research NVIDIA has also experienced broad upward revisions to earnings estimates as demand for AI infrastructure remains robust. However, given the strong expectations already embedded in NVIDIA's outlook, TSM's estimate trajectory and comparatively lower expectations suggest a more favorable risk-reward profile heading into the second half of 2026. Image Source: Zacks Investment Research ValuationBased on the forward 12-month price-to-earnings (P/E) multiple, TSMC currently trades at approximately 26.2x earnings, compared with NVIDIA's 19.7x. Although neither stock appears inexpensive relative to the broader semiconductor industry, both valuations remain supported by strong long-term AI growth prospects. Image Source: Zacks Investment Research Final Verdict: TSMC vs. NVIDIABoth TSMC and NVIDIA remain strong long-term AI investments, but TSMC appears better positioned for investors entering July 2026. Its robust AI-driven growth outlook, stable earnings estimate revisions and manufacturing leadership provide a favorable near-term risk-reward profile despite geopolitical concerns. Accordingly, TSMC currently carries a Zacks Rank #2 (Buy). NVIDIA remains the undisputed leader in AI computing with attractive long-term growth prospects. However, after years of exceptional gains, investors may prefer to await another favorable entry point as the company navigates elevated expectations, increasing competition and export-related uncertainties. Consequently, NVIDIA carries a Zacks Rank #3 (Hold), making TSMC the more compelling AI semiconductor pick for new investments today. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. |
|||
|
Saved
2026-06-30 21:29
1mo ago
Published
2026-06-30 15:36
1mo ago
|
Honeywell Technologies Debuts as Public Pure-Play Automation Company | FMP Stock News | |
|
Original source text
Key Takeaways Honeywell Technologies completed the Aerospace spin-off, creating an independent public company. HON shareholders received one Honeywell Aerospace share for every two shares held.Honeywell Technologies now focuses on industrial automation and software services. Honeywell Technologies (HON - Free Report) recently emerged as a separate public company, following the spin-off of Aerospace Technologies business from Honeywell International. The Aerospace Technologies business now operates as an independent public company under the name Honeywell Aerospace. Honeywell Technologies continues to trade on the Nasdaq under the ticker symbol "HON," while Honeywell Aerospace has started trading separately under the ticker symbol "HONA."Inside the HeadlinesThe separation became effective on June 29, 2026. Under the transaction terms, Honeywell Technologies’ shareholders of record as of June 15, 2026, received one share of Honeywell Aerospace for every two shares of Honeywell Technologies common stock they held. As a result, every two outstanding shares were combined into one, reducing the company's outstanding shares from about 634 million to approximately 317 million. At the same time, the number of authorized shares was reduced from 2 billion to 1 billion, while the stock's par value remained unchanged. Outstanding equity awards and share units under HON’s benefit plans were adjusted accordingly. The spin-off marks the completion of Honeywell's portfolio transformation, creating three independent companies, including Honeywell Technologies, Honeywell Aerospace and Solstice Advanced Materials. As a standalone company, Honeywell Technologies is focused on industrial automation. It provides automation solutions, software and services for the building, process and industrial sectors, helping customers improve safety, productivity, efficiency and operational performance. HON’s Zacks RankSolid demand for its products and solutions, led by increasing building projects, particularly in North America, will likely be beneficial for HON’s Building Automation segment. Increasing order rates and capex investments in data centers and health care projects bode well for it. The company carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here. However, the company has been dealing with increasing operating costs, which might hurt its margins and profitability. Stocks to ConsiderBetter-ranked companies are discussed below. GPGI, Inc. (GPGI - Free Report) currently sports a Zacks Rank of 1. GPGI delivered a trailing four-quarter average earnings surprise of 28.3%. In the past 60 days, the Zacks Consensus Estimate for GPGI’s 2026 earnings has increased 28.6%. 3M Company (MMM - Free Report) presently carries a Zacks Rank #2 (Buy). It has a trailing four-quarter average earnings surprise of 4.6%. The Zacks Consensus Estimate for MMM’s 2026 earnings has increased a penny in the past 60 days. Public Policy Holding Company, Inc. (PPHC - Free Report) presently carries a Zacks Rank of 2. PPHC delivered a trailing two-quarter average earnings surprise of 25%. In the past 60 days, the consensus estimate for Public Policy Holding’s 2026 earnings has increased 95.5%. |
|||
|
Saved
2026-06-30 21:27
1mo ago
Published
2026-06-30 17:15
1mo ago
|
Cronos Announces Appointment of ATB Cormark as its Broker for Share Repurchases in Canada | FMP Stock News | |
|
Original source text
June 30, 2026 17:15 ET | Source: Cronos Group Inc.TORONTO, June 30, 2026 (GLOBE NEWSWIRE) -- Cronos Group Inc. (“Cronos” or the “Company”) (NASDAQ: CRON) (TSX: CRON), an innovative global cannabis company, announced today that it has appointed ATB Capital Markets Corp. (“ATB Cormark”) to act as its broker in connection with share repurchases over the facilities of the TSX or other alternative Canadian trading systems, in place of Virtu Canada Corp., under its previously announced share repurchase program. About Cronos Cronos is a global cannabis company focused on scaling leading consumer goods products through research and development and innovation. With a passion to responsibly elevate the consumer experience, Cronos is building an iconic brand portfolio. Cronos’ diverse international brand portfolio includes Spinach®, PEACE NATURALS®, LIT™ and Lord Jones®. For more information about Cronos and its brands, please visit: thecronosgroup.com. Forward-Looking Information This press release may contain information that may constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable Canadian and U.S. securities laws and court decisions (collectively, “Forward-looking Statements”). All information contained herein that is not clearly historical in nature may constitute Forward-looking Statements. In some cases, Forward-looking Statements can be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify Forward-looking Statements. The forward-looking information in this news release includes, but is not limited to, statements related to the Company’s share repurchases over the facilities of the TSX and its share repurchase program. Forward-looking Statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive risks. Financial results, performance or achievements expressed or implied by those Forward-looking Statements and the Forward-looking Statements are not guarantees of future performance. A discussion of some of the material risks applicable to the Company can be found in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and the Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, each of which has been filed on SEDAR+ and EDGAR and can be accessed at www.sedarplus.ca and www.sec.gov/edgar, respectively. Any Forward-looking Statement included in this press release is made as of the date of this press release and, except as required by law, Cronos disclaims any obligation to update or revise any Forward-looking Statement. Readers are cautioned not to put undue reliance on any Forward-looking Statement. For further information, please contact: Harrison Aaron Investor Relations Tel: (416) 504-0004 [email protected] |
|||
|
Saved
2026-06-30 21:26
1mo ago
Published
2026-06-30 16:05
1mo ago
|
Republic Services, Inc. Sets Date for Second Quarter 2026 Earnings Release and Conference Call | FMP Stock News | |
|
Original source text
, /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG) will release its second quarter 2026 financial results after market close on Thursday, Aug. 6, 2026, and host an investor conference call at 5 p.m. Eastern Time that day.A live audio webcast of the conference call can be accessed by visiting the company's Investor Relations website at investor.republicservices.com. Participants also can dial into the conference call at (844) 890-1789 or (412) 717-9598 (International), passcode "Republic Services." Dial-in participants can pre-register at dpregister.com to receive a unique PIN that will bypass the call operator. A replay of the conference call will be available one hour after the end of the live call through Aug. 13, 2026, at investor.republicservices.com or by calling (855) 669-9658 or (412) 317-0088 (International), access code 4246369. Republic Services participates in investor presentations and conferences throughout the year. A schedule is available at investor.republicservices.com. About Republic Services Republic Services, Inc. is a leader in the environmental services industry. Through its subsidiaries, the company provides customers with the most complete set of products and services, including recycling, solid waste, special waste, hazardous waste and field services. Republic's industry-leading commitments to advance circularity and support decarbonization are helping deliver on its vision to partner with customers to create a more sustainable world. For more information, please visit RepublicServices.com. Contacts: SOURCE Republic Services, Inc. |
|||
|
Saved
2026-06-30 21:25
1mo ago
Published
2026-06-30 16:40
1mo ago
|
Roblox ads enticed, targeted kids as young as 5 to try caffeinated potato chips, watchdog says | FMP Stock News | |
|
Original source text
Ads on the wildly popular video game platform Roblox enticed kids to try caffeinated potato chips — and they targeted children as young as age 5, a consumer watchdog group says.The controversial online gaming company – which has been probed by half a dozen states over child safety issues – featured ads for Banger chips as recently as Friday in a video game called “Obby But You’re on a Bike,” Truth in Advertising said Monday. Bangers is a caffeinated potato chip brand that was marketed to young children on Roblox, according to Truth in Advertising. Bangers Snacks Serving up ads about food and beverage products to children under age 13 violates Roblox’s own policy, which was implemented in May, and the ads were immediately taken down by the $4.9 billion company, the watchdog said. But thousands of children may have seen the ad before the takedown — “Obby But You’re on a Bike,” which has the Roblox’s lowest maturity rating, has drawn 2 billion visits, according to Truth in Advertising. “Putting caffeine in chips is a terrible idea because potato chips in general are terrible for you and caffeine has no business being in the salty snacks category,” Dan Glickberg, a food consultant and the former owner of Fairway Market, told The Post. The company also implemented a new “brand integration hub” where creators have to register partnerships with Roblox prior to launching a campaign — and the creators have to submit their campaigns to the game company for pre-approval, it said. Banger, which is based in San Francisco, Calif., and describes itself as an “AI powered CPG [consumer packaged goods] company redefining caffeinated snacks,” did not immediately respond to a request for comment. Bangers describes itself as an “AI powered CPG company redefining caffeinated snacks.” Bangers Snacks The company’s founder, Phillip Tran, told FoodNavigator USA, that his company has grown substantially thanks to “millions of video gamers who already know his caffeinated chips from over 200 Roblox games.” A 2.5-ounce bag of the product has 200 milligrams of caffeine — roughly equivalent to two cups of coffee — according to USA Today. Truth in Advertising set up a Roblox profile for a 5-year-old to test whether the account would be served the Banger potato chips ads, said spokesperson Shana Mueller. Roblox’s policy is not to expose children under age 13 to food and beverage ads. Bloomberg via Getty Images A prominent billboard advertising the chips appeared in the “Obby” game, according to the group. “We immediately sequestered the experience, upon discovery of this ad, until the non-compliant content was removed. The developer is working closely with us to update any future advertising content to be in line with our recently updated policy,” a Roblox spokesperson said in a statement. In 2022, Truth in Advertising alleged Roblox “exploits” and “harms children” with deceptive marketing, recommending that the Federal Trade Commission investigate the publicly held company. The agency has yet to do so. Alabama, Nevada and West Virginia reached multi-million dollar settlements with Roblox over allegations it failed to protect minors from sexual predators. Connecticut, Kentucky and Texas are currently investigating or have lawsuits against Roblox. Truth in Advertising is continuing its “monitoring” of Roblox, Mueller told The Post. |
|||
|
Saved
2026-06-30 21:25
1mo ago
Published
2026-06-30 16:47
1mo ago
|
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Roblox Corporation of Class Action Lawsuit and Upcoming Deadlines – RBLX | FMP Stock News | |
|
Original source text
NEW YORK, June 30, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Roblox Corporation (“Roblox” or the “Company”) (NYSE: RBLX). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Roblox and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. You have until August 7, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Roblox securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com. [Click here for information about joining the class action] On April 30, 2026, Roblox announced its 2026 first quarter results, allegedly reporting declines in revenue guidance and projected annual bookings growth, as well as reductions in communication engagement, app store ratings, and organic sign-ups as a result of the rollout of the Company’s age-verification process. On this news, Roblox’s stock price fell more than 18%, damaging investors. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: Danielle Peyton Pomerantz LLP [email protected] 646-581-9980 ext. 7980 |
|||
|
Saved
2026-06-30 21:25
1mo ago
Published
2026-06-30 17:10
1mo ago
|
RBLX INVESTOR ALERT: Roblox Corporation Investors with Substantial Losses Have Opportunity to Lead the Roblox Class Action Lawsuit | FMP Stock News | |
|
Original source text
San Diego, California--(Newsfile Corp. - June 30, 2026) - The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Roblox Corporation (NYSE: RBLX) common stock between October 30, 2025 and April 30, 2026, inclusive (the "Class Period"), have until Friday, August 7, 2026 to seek appointment as lead plaintiff of the Roblox class action lawsuit. Captioned Mukherjee v. Roblox Corporation, No. 26-cv-05489 (N.D. Cal.), the Roblox class action lawsuit charges Roblox and certain of Roblox' top executive officers with violations of the Securities Exchange Act of 1934.If you suffered substantial losses and wish to serve as lead plaintiff of the Roblox class action lawsuit, please provide your information here: https://www.rgrdlaw.com/cases-roblox-class-action-lawsuit-rblx.html You can also contact attorneys Ken Dolitsky or Michael Albert of Robbins Geller by calling 800/851-7783 or via e-mail at [email protected]. CASE ALLEGATIONS: Roblox operates as a global video gaming and social networking company. The Roblox class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) defendants created the false impression that they possessed reliable information pertaining to Roblox' bookings growth expectations and the overall anticipated impact from the age verification rollout while also minimizing risks associated with the rollout and its potential knock-on effects; (ii) Roblox misled investors when discussing tailwinds resulting from the age verification process while continuing to be "enormously bullish" on their tech rollouts as well as claiming to be able to "rely on [their] tremendous organic growth"; and (iii) Roblox relied far too heavily on viral events to drive growth and failed to communicate to investors the potential knock-on impacts of the age verification rollout, including how it could impact the platform's ratings, engagement, and overall public perception. On April 30, 2026, Roblox announced its 2026 first quarter results, allegedly reporting declines in revenue guidance and projected annual bookings growth, as well as reductions in communication engagement, app store ratings, and organic sign-ups as a result of the age verification rollout. On this news, the price of Roblox stock fell more than 18%, according to the complaint. THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Roblox common stock during the Class Period to seek appointment as lead plaintiff in the Roblox class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Roblox class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Roblox class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Roblox class action lawsuit. ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information: https://www.rgrdlaw.com/services-litigation-securities-fraud.html Attorney advertising. Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Contact: Robbins Geller Rudman & Dowd LLP Ken Dolitsky Michael Albert 655 W. Broadway, Suite 1900, San Diego, CA 92101 800/851-7783 [email protected] To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302936 Source: Robbins Geller Rudman & Dowd LLP Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
|||
|
Saved
2026-06-30 21:24
1mo ago
Published
2026-06-30 15:07
1mo ago
|
Strategy (MSTR) stock slides as Bitcoin weakness prompts TD Cowen target cut | FMP Stock News | |
|
Original source text
Strategy Inc. MSTR shares (previously known as Microstrategy) fell more than 8% on Tuesday as a decline in Bitcoin prices weighed on cryptocurrency-linked stocks and prompted TD Cowen to lower its price target for the company, while maintaining a positive long-term outlook.The stock came under pressure alongside the broader crypto sector as Bitcoin fell below $60,000. TD Cowen analyst Lance Vitanza reduced his price target on Strategy to $260 from $400, while reiterating a Buy rating. The analyst said the lower target reflected Bitcoin's current price rather than a change in conviction about the company. The decline also comes as Strategy continues to adjust its capital strategy after years of aggressively acquiring Bitcoin through equity, debt, and preferred stock offerings. Strategy built its reputation by raising capital and using the proceeds to purchase Bitcoin, benefiting when its shares traded at a premium to the value of its cryptocurrency holdings. Initially, the company relied on its own balance sheet after adopting Bitcoin as its primary treasury reserve asset in late 2020. It later expanded its financing strategy through convertible debt offerings and at-the-market equity sales, allowing it to continue accumulating Bitcoin. A significant shift came in January 2025 with the introduction of preferred stock offerings, including its Stretch preferred shares, trading under the ticker STRC. The preferred securities became a key funding source for additional Bitcoin purchases. However, STRC has traded well below its $100 par value, falling below $74 last week, reducing the company's ability to efficiently raise fresh capital. In response, Strategy unveiled a new financial framework on Tuesday. The company has authorized up to $1.25 billion in Bitcoin sales to strengthen its $2.55 billion U.S. dollar reserve, which is dedicated to meeting annual dividend and interest obligations. The move represents a notable evolution from the company's longstanding strategy of accumulating Bitcoin without selling. Strategy Chairman Michael Saylor has long promoted a buy-and-hold philosophy for Bitcoin. However, management has recently signaled a more flexible approach. Chief Executive Officer Phong Le said last month, "We are not going to sit back and just say we will never sell the Bitcoin." On Monday, Le added that the company was "evolving from one-way capital issuance to active capital management." The company executed its first strategic Bitcoin sale at the end of May, excluding a tax-related transaction completed in 2022. As of Tuesday, Strategy's market multiple of net asset value, or mNAV, stood at approximately 1.04, indicating the shares continue to trade at a premium to the value of the company's Bitcoin holdings, although that premium has narrowed considerably. Strategy also paused its regular Bitcoin purchases during the six days ended June 28. As of Monday, the company held 847,363 Bitcoin acquired for approximately $64.1 billion, representing an average purchase price of $75,651 per coin. TD Cowen continues to expect both Strategy and Bitcoin to recover by year-end, although at lower levels than previously forecast. The firm now expects Bitcoin to reach approximately $100,000 by the end of 2026, down from its previous forecast of $140,000. It also lowered Strategy's price target to $260 from $400, while maintaining its Buy rating. Vitanza said the updated framework was consistent with his earlier expectations, noting he had anticipated Strategy would selectively sell Bitcoin to support dividend payments "where appropriate." Meanwhile, Citi Research analyst Peter Christiansen described the company's revised strategy as "buying more time." He said the financial overhaul, which also includes a $1 billion common stock buyback program and an increase in STRC's annual dividend to 12% from 11.5%, gives Strategy additional flexibility while Bitcoin prices remain under pressure. Christiansen added that the larger US dollar reserve and the possibility of future Bitcoin sales could weigh on Strategy's Bitcoin yield and mNAV potential in the near term, even as the changes reduce pressure on the company's preferred stock funding model and credit profile. |
|||
|
Saved
2026-06-30 21:24
1mo ago
Published
2026-06-30 15:13
1mo ago
|
Strategy Stock Falls as Bitcoin Hits 2026 Lows | FMP Stock News | |
|
Original source text
Strategy stock is showing notable weakness. Why is MSTR stock dropping? Bitcoin fell under $59,000 on Tuesday as sustained ETF outflows and persistent fear in the digital‑asset market continued to weigh on sentiment. The token has now dropped about 21% in June. Analyst Rekt Capital said Bitcoin may be setting up for a mid‑summer bounce since sharp monthly declines have often been followed by short‑term recoveries. He cautioned that any July strength could fade in August, similar to the pattern seen during the 2022 bear market.Industry Voices Warn of an Identity CrisisBen‑Sasson said that despite improving institutional interest, crypto is still navigating an identity crisis. He argued that recent price action has been driven more by macroeconomic forces than by developments within the industry itself. He wrote that the sector is torn between becoming the infrastructure for traditional finance or disrupting it entirely by enabling new models of financial entrepreneurship. MSTR’s Critical Support and Resistance LevelsMomentum is the more pressing issue, and RSI provides the clearest read. RSI is at 29.50, which places the stock in oversold territory and signals that selling pressure has become stretched. RSI tracks how extended a move has become, and readings under 30 can sometimes precede short‑term bounces, although oversold conditions can persist when a downtrend is strong. Price is hovering just above the 52-week low at $81.81, with the current level at $85.48. Traders are watching closely to see whether the June low area becomes a base or breaks and opens the door to another decline. The most obvious target for any rebound is the 20-day simple moving average near $112, which has recently acted as the first area where sellers step in. Key Resistance: $112.62 — This level aligns with the 20‑day simple moving average and is a common zone where downtrends reject early bounce attempts. Key Support: $81.81 — This marks the 52‑week low area, and a break below it could invite additional selling pressure. MSTR Shares Are DippingMSTR Price Action: Strategy shares were down 7.32% at $85.90 at the time of publication on Tuesday. The stock is trading near its 52-week low of $81.81, according to Benzinga Pro. Image: PJ McDonnell/Shutterstock.com Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
|||
|
Saved
2026-06-30 21:24
1mo ago
Published
2026-06-30 15:19
1mo ago
|
Saylor's Strategy May Sell Up to $1.25 Billion of Bitcoin | FMP Stock News | |
|
Original source text
Bloomberg's Monique Mulima joins Isabelle Lee on "Bloomberg Crypto." Michael Saylor's Strategy unveiled a sweeping overhaul of the financing model underpinning its Bitcoin strategy, giving itself broader powers to sell the cryptocurrency, buy back securities and preserve liquidity as it adapts to mounting pressure on the structure that fueled years of aggressive accumulation. |
|||
|
Saved
2026-06-30 21:24
1mo ago
Published
2026-06-30 16:05
1mo ago
|
Annaly Capital Management, Inc. Announces Dates of Second Quarter 2026 Financial Results and Conference Call | FMP Stock News | |
|
Original source text
NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. (NYSE:NLY) (“Annaly” or the “Company”) announced today that it will release its financial results for the quarter ended June 30, 2026 after the market close on Tuesday, July 21, 2026. The Company will conduct a conference call and audio webcast to discuss the results on Wednesday, July 22, 2026 at 9:00 a.m. Eastern Time.Participants are encouraged to pre-register for the conference call to receive a unique PIN to gain immediate access to the call and bypass the live operator. Pre-registration may be completed by accessing the Pre-Registration link found on the “Investors” section of the Company’s website at www.annaly.com, or by using the following link: https://registrations.events/direct/IDX71212727. Pre-registration may be completed at any time, including up to and after the call start time. Participants who would like to join the call but have not pre-registered can do so on the day of the event by dialing the numbers provided below and requesting the “Annaly Capital Management Call.” A replay of the call will be available for one week following the conference call. If you would like to be added to the e-mail distribution list, please visit www.annaly.com, click on News & Insights, then click on Subscribe and complete the email notification form. About Annaly Annaly is a leading diversified capital manager with investment strategies across mortgage finance. Annaly’s principal business objective is to generate net income for distribution to its stockholders and to optimize its returns through prudent management of its diversified investment strategies. Annaly is internally managed and has elected to be taxed as a real estate investment trust, or REIT, for federal income tax purposes. Additional information on the company can be found at www.annaly.com. More News From Annaly Capital Management, Inc. |
|||
|
Saved
2026-06-30 21:24
1mo ago
Published
2026-06-30 16:50
1mo ago
|
LTC Enhances Capital Structure by Increasing Commitments Under Its Credit Facility to $1.1 Billion | FMP Stock News | |
|
Original source text
-WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE:LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, announced today that it has increased commitments under its credit facility to $1.1 billion from $800 million. LTC entered into a second amendment to its July 21, 2025 Credit Agreement (the “Agreement”) to increase the aggregate commitment of its lenders by $300 million to a total of $1.1 billion, through the exercise of the Agreement’s accordion feature. The $300 million increase expands the Company’s aggregate revolving credit commitment to $900 million from $600 million. Additionally, the Agreement increases the accordion feature from up to $1.2 billion to up to $2.0 billion. The material terms of the Agreement otherwise remain unchanged. In connection with the Agreement, LTC entered into three-year interest rate swap agreements to effectively fix the interest rates on $150 million under the Agreement at 4.97% per annum. The Agreement also expands LTC’s bank group to include new relationships with Manufacturers and Traders Trust Company and Hancock Whitney. “Expanding our credit facility strengthens LTC’s financial flexibility and positions us to continue executing on our external growth strategy,” said Cece Chikhale, LTC’s Chief Financial Officer. “We have meaningfully expanded SHOP since our initial transaction in May 2025, and we remain focused on continuing to build momentum by pursuing additional NOI growth opportunities.” LTC provided additional information about these transactions, including the network of bank participants, in Form 8-K as filed with the Securities and Exchange Commission on June 30, 2026. About LTC LTC is a real estate investment trust (REIT) focused on seniors housing and health care properties, investing through SHOP, as well as triple-net leases and joint ventures. The Company’s portfolio includes nearly 190 properties throughout the United States. Based on gross real estate investments, nearly 70% of the Company’s assets are seniors housing communities with the remainder skilled nursing centers. Learn more at www.ltcreit.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, adopted pursuant to the Private Securities Litigation Reform Act of 1995. Statements that are not purely historical may be forward-looking. You can identify some of the forward-looking statements by their use of forward-looking words, such as “believes,” “expects,” “may,” “will,” “could,” “would,” “should,” “seeks,” “approximately,” “intends,” “plans,” “estimates” or “anticipates,” or the negative of those words or similar words. Examples of forward-looking statements include the Company’s growth strategy and pursuit of additional NOI growth opportunities. Forward-looking statements involve inherent risks and uncertainties regarding events, conditions and financial trends that may affect the Company’s future plans of operation, business strategy, results of operations and financial position. A number of important factors could cause actual results to differ materially from those included within or contemplated by such forward-looking statements, including, but not limited to, the Company’s dependence on its operators for revenue and cash flow; operational and legal risks and liabilities under the Company’s new SHOP segment; government regulation of the health care industry; changes in federal, state, or local laws limiting REIT investments in the health care sector; federal and state health care cost containment measures including reductions in reimbursement from third-party payors such as Medicare and Medicaid; required regulatory approvals for operation of health care facilities; a failure to comply with federal, state, or local regulations for the operation of health care facilities; the adequacy of insurance coverage maintained by the Company’s operators; the Company’s reliance on a few major operators; the Company’s ability to renew leases or enter into favorable terms of renewals or new leases; the impact of inflation, operator financial or legal difficulties; the sufficiency of collateral securing mortgage loans; an impairment of the Company’s real estate investments; the relative illiquidity of the Company’s real estate investments; the Company’s ability to develop and complete construction projects; the Company’s ability to invest cash proceeds for health care properties; a failure to qualify as a REIT; the Company’s ability to grow if access to capital is limited; and a failure to maintain or increase the Company’s dividend. For a discussion of these and other factors that could cause actual results to differ from those contemplated in the forward-looking statements, please see the discussion under “Risk Factors” contained in the Company’s Annual Report on Form 10‑K for the fiscal year ended December 31, 2025, the Company’s subsequent Quarterly Reports on Form 10‑Q, and the Company’s publicly available filings with the Securities and Exchange Commission. The Company does not undertake any responsibility to update or revise any of these factors or to announce publicly any revisions to forward-looking statements, whether as a result of new information, future events or otherwise. Although the Company’s management believes that the assumptions and expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. The actual results achieved by the Company may differ materially from any forward-looking statements due to the risks and uncertainties of such statements. More News From LTC Properties, Inc. Back to Newsroom |
|||
|
Saved
2026-06-30 21:23
1mo ago
Published
2026-06-30 15:01
1mo ago
|
Halper Sadeh LLC is Investigating Whether IRDM, TECH, SUNE, ACA are Obtaining Fair Deals for their Shareholders | FMP Stock News | |
|
Original source text
Insiders may stand to receive substantial financial benefits not available to ordinary shareholders. The proposed transactions may contain terms that could limit superior competing offers. Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses. NEW YORK, June 30, 2026 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Iridium Communications Inc. (NASDAQ: IRDM)’s sale to Rocket Lab Corporation for $27.00 in cash and a number of shares of Rocket Lab common stock calculated pursuant to an exchange ratio for each share of Iridium. If you are an Iridium shareholder, click here to learn more about your rights and options. Bio-Techne Corporation (NASDAQ: TECH)’s sale to Merck KGaA for $73.00 per share in cash. If you are a Bio-Techne shareholder, click here to learn more about your rights and options. SUNation Energy, Inc. (NASDAQ: SUNE)’s merger with Suniva. Upon closing of the proposed transaction, SUNation shareholders are expected to own approximately 1.8% of the combined company. If you are a SUNation shareholder, click here to learn more about your rights and options. Arcosa, Inc. (NYSE: ACA)’s sale to CRH for $150.00 per share. If you are an Arcosa shareholder, click here to learn more about your rights and options. On behalf of shareholders, Halper Sadeh LLC may seek increased consideration, additional disclosures and information, or other relief and benefits. Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Halper Sadeh LLC Daniel Sadeh, Esq. Zachary Halper, Esq. One World Trade Center 85th Floor New York, NY 10007 (212) 763-0060 [email protected] [email protected] https://www.halpersadeh.com |
|||
|
Saved
2026-06-30 21:23
1mo ago
Published
2026-06-30 17:00
1mo ago
|
One Space Stock to Buy Today | FMP Stock News | |
|
Original source text
Rocket Lab makes its biggest move… Louis’ top space stock right now… why the OpenAI delay is actually bullish for AI investors Space is suddenly having a moment again – and if you’ve been reading Brian Hunt, you knew it was coming and are up 102%.Brian, editor of the free e-letter Money & Megatrends, laid out the bull case for the sector back in September 2025. His approach was simple: look past SpaceX (SPCX) mania. From his September 22nd issue: When people think of investing in space, they often go towards the business of launching rockets and Elon Musk’s SpaceX. But many of the most promising “space stocks” are in the business of space-based communication platforms and equipment. Think government surveillance, military communication, GPS, internet service, and cell service. Among the names Brian flagged at the time were Rocket Lab (RKLB), BlackSky Technology (BKSY), Planet Labs PBC (PL), and AST SpaceMobile (ASTS). Since that issue, RKLB alone is up 102% – with a nice chunk of that coming yesterday. RKLB popped 16% after announcing it would acquire a satellite communications company in a cash-and-stock deal valued at roughly $8 billion. The logic is straightforward: Rocket Lab already builds and launches the vehicles. Now it owns the network those vehicles serve – a global L-band satellite constellation, licensed spectrum, and more than 2.5 million subscribers spanning government, defense, aviation, maritime and commercial markets. Basically, it’s the same vertically integrated playbook SpaceX runs with Starlink – and Wall Street approved. But the deal is also a sign of something bigger The commercial space industry is consolidating – and consolidation at this scale signals that serious capital now views space infrastructure as a generational asset class, not a speculative moonshot. Which leads us to the part of the story that may sting a little if you weren’t paying attention… The company that Rocket Lab just bought was Iridium Communications (IRDM) – a global satellite communications provider that Brian flagged back in his April 17th issue. Yesterday, on the acquisition news, IRDM surged 25% in a single session. If you missed it, there’s an easy fix – Brian writes Money & Megatrends every day the market is open, highlighting these kinds of opportunities before they become front-page news – and it’s 100% free. His issues are loaded with trend analysis, actionable advice, and loads of specific tickers. You can sign up right here. In the meantime, we’ll keep bringing you some of Brian’s top ideas here in the Digest. What’s behind the recent bloodbath in the space sector Brian’s readers who acted on his issue are sitting on a 102% gain in RKLB. But if you’ve been watching the sector, you know it hasn’t been a straight line up – and more recently, it’s been a straight line down. In late May, space stocks collapsed. It started with a Blue Origin rocket explosion during a prelaunch test – unsettling on its own, but manageable. What followed was less manageable. When SpaceX went public earlier this month at a valuation exceeding $2 trillion, investors who’d been holding smaller space names as proxies rotated out fast, dumping RKLB, ASTS and others to chase the newly listed giant. Then, as we covered in yesterday’s Digest, SPCX itself fell more than 30% from its post-IPO peak as Wall Street grew concerned over an unexpected $20 billion to $25 billion bond sale to fund Musk’s AI ventures. The whole sector came down with it. Which brings us to an important issue – one worth asking before putting any money to work in space right now. In every transformative technology cycle – the internet, genomics, clean energy – a handful of companies captured most of the gains while the rest eventually went to zero. Space is unlikely to be different. The sector is real. The opportunity is real. But not every name with “space” in its pitch deck is going to make it. So, how do you know which ones will survive and reward investors? In short, you watch the numbers, not the narrative. And that dovetails into legendary investor Louis Navellier and his market approach. Louis has spent 47 years building a quantitative system that cuts through the narrative and looks at what matters – earnings momentum, sales growth and institutional buying pressure. Stories can win sprints, but only earnings win marathons. So, which space stock does Louis like today? Here he is: Planet Labs is one worth looking at right now. The company operates the world’s largest fleet of Earth-observation satellites — more than 200 satellites providing daily imaging of the entire planet. Its customers include government agencies, defense contractors, agricultural companies, insurance firms, and financial institutions that use satellite imagery to make better decisions. Louis notes that the stock got cut nearly in half in the sector crash. But the business didn’t change – its price tag just got cheaper. Back to Louis for how it looks through his quantitative screeners today: My Precursor Intelligence system currently rates Planet Labs an “A.” That means both the fundamental grade — earnings momentum, sales growth, analyst revisions — and the quantitative grade, which measures institutional buying pressure, are strong. If you’re less familiar, Louis’s Precursor Intelligence system tracks institutional money flows across 6,000 stocks – essentially reading where the smart money is moving before the pattern becomes visible to everyone else. He just put together a research video that explains it in more detail. You can learn more about how it works right here. Now, while Louis likes Planet Labs, his more intriguing space plays are one layer beneath the obvious – the materials companies, the semiconductor foundries, the picks-and-shovels businesses that the broader space buildout can’t function without, and that almost no retail investor is looking at right now. He’s identified two of them in his new special report, The SpaceX Stampede Report. Both have real earnings and institutional buying pressure. Neither one looks like a space stock at all – which is exactly why Louis likes them. You can learn more here. The OpenAI delay that isn’t really a delay Late last week, the New York Times reported that OpenAI is leaning toward pushing its IPO to 2027, citing concerns about broader market weakness and the volatility that followed SpaceX’s debut. The headlines quickly spun this as a potential black eye for the AI trade. Here’s one example I ran across: OpenAI Reportedly Considers Delaying Its IPO. Should You Worry About AI Stocks? And, in fact, Oracle (ORCL) dropped 1.7% last Friday. CoreWeave (CRWV) fell nearly 4%. SoftBank closed down 13% in Tokyo – not surprising given that each has billions tied directly to OpenAI’s trajectory. But is the IPO delay actually bad news? Luke Lango, editor of Innovation Investor, doesn’t think so. From his Daily Notes: On OpenAI: this is a rational decision by one of the most sophisticated management teams in tech, not a sign of trouble. IPO-ing now would mean going public at significant losses, against Anthropic’s rapid progress and a market that just watched SPCX’s $1.75 trillion IPO produce more volatility than anyone wanted. Waiting buys a few more quarters of revenue growth, a possible path to profitability, ChatGPT 5.6 winning back share, and potentially the White House’s direct participation in the offering. OpenAI goes public within the next twelve months, and the delay sets up a stronger event when it arrives. There’s also something worth noting that the headlines are mostly missing. OpenAI reportedly held back the launch of ChatGPT 5.6 specifically to give the U.S. government time to test the model – a commercial company eating real competitive cost to satisfy a government approval process. Meanwhile, the Pentagon recently updated its classified targeting doctrine to include more AI in combat decisions. Luke notes that once AI is embedded in defense doctrine, spending will stop following commercial ROI logic and start following strategic-necessity logic. Here he is with the implications for the AI trade: You don’t cut spending on a capability embedded in your targeting doctrine because your stock dropped for three weeks. Commercial demand plus national-security backstop is what gives this capex cycle the durability bears keep underestimating. Overall, Luke urges his readers to remain focused on real AI earnings growth and momentum – not shorter-term fears like an IPO delay. Here’s his bottom line: OpenAI waiting for a better IPO is not panic – it is strategy. The AI boom is intact. The July earnings season will prove it. The window between today and mid-July is the buying opportunity. Coming full circle As I write, we’re on pace to wrap up a strong first half of 2026, with the Nasdaq leading the three major indexes – up about 12% so far this year. Despite these gains, there’s no shortage of headlines designed to make you nervous right now. Space stocks crash. OpenAI delays its IPO. The Fed floats a hike. But zoom out… Even after a nearly 50% haircut in May, Brian’s readers are up 102% on a space stock that just made one of the biggest acquisitions in commercial space history… Louis’ system is finding “A”-rated opportunities as the post-SpaceX-IPO dust settles… And Luke sees a buying window in AI opening, not closing… As always, invest within your means and in line with your plan. But if the bears are telling you the AI trade is broken, today’s Digest tells a different story. Have a good evening, Jeff Remsburg |
|||
|
Saved
2026-06-30 21:23
1mo ago
Published
2026-06-30 16:13
1mo ago
|
Palo Alto, CrowdStrike wrap best quarter ever as AI threats bolster cyber demand | FMP Stock News | |
|
Original source text
It's been a good quarter for technology stocks, and cybersecurity leaders Palo Alto Networks and CrowdStrike have both joined the historic rally.CrowdStrike and Palo Alto rallied 95% and 113%, respectively, between April and June for their best quarter on record, as new artificial intelligence tools have spiked demand for more sophisticated cyber defense. Those tailwinds allowed the sector to shake off early concerns that it would falter with the death of software as a service and emerge as a key stack in the age of AI. Driving that demand is the onslaught of Mythos-class models capable of being used by hackers to uncover software vulnerabilities and launch full-scale attacks. That's left companies scrambling to beef up their cybersecurity defenses. "What the Mythos moment proved is that the world, starting from the frontier AI labs themselves, realized that AI needs a cybersecurity ecosystem," CrowdStrike CEO George Kurtz told analysts earlier this month on an earnings call. "This was a Mythos inflection point." Over the last few months, CrowdStrike and Palo Alto have positioned themselves at the forefront of the AI cyber race through Mythos, the model deemed too powerful to release to the public. CrowdStrike and Palo Alto networks over the last three months Both companies gained early access to the model as Project Glasswing partners and are early adopters of OpenAI's Daybreak. The firms have also participated in high-profile meetings between major tech giants and the White House on securing AI in this new normal. Underpinning their success is a bet on agentic security and identity access management that started long before the threats of Mythos. Earlier this year, Palo Alto closed its mega $25 billion acquisition of Israeli identity security company CyberArk, while CrowdStrike bet on startup SGNL. Now, to protect their platforms from extremely capable and abundant AI agents able to conduct cyber-attacks in a matter of seconds, companies are turning to the cyber leaders for protection. "They're the best positioned to continue to gain market share from a product perspective," said TD Cowen analyst Shaul Eyal. "They have all the necessary ingredients." Read more CNBC tech newsThe memory shortage shaking Apple and Microsoft is 'existential crisis' for smaller playersThe AI boom is colliding with a new threat: Severe weatherChina's Zhipu is closing in on top U.S. AI models with Anthropic and OpenAI held backHow GE Vernova builds the massive gas turbines powering the AI data center boomThat demand is already starting to show. Palo Alto CEO Nikesh Arora told analysts last month that over 1,200 customers reached out to discuss cybersecurity since Mythos, and that the company held 800 meetings within a six-week period. CrowdStrike's Kurtz said this month that its Falcon Shield identity protection platform ended its fiscal first quarter with four-times annual recurring revenue growth. "For now, there's lots of know-how that [businesses] don't have, and they would rather partner with the leaders in the market that have built business models for decades," Eyal said. Both CrowdStrike and Palo Alto's rise to prominence has also intensified investor scrutiny, raising the bar on earnings expectations. Earlier this month, both stocks dropped after posting strong results and upbeat AI commentary, because good wasn't good enough for investors demanding perfection. "We worry this disappointment could continue in future quarters if investors are hoping for even more momentum to show up in growth post Mythos / Glasswing and as a result of regulatory/government pressure," wrote analysts at Bernstein. watch now |
|||
|
Saved
2026-06-30 21:23
1mo ago
Published
2026-06-30 15:32
1mo ago
|
What's Driving Plug Power Stock Higher Tuesday? | FMP Stock News | |
|
Original source text
Plug Power stock is surging to new heights today. Why is PLUG stock up today? What Is Driving Plug Power’s Growth in Denmark?Plug said it completed installation, commissioning, site acceptance testing, and handover of a 5 MW GenEco PEM electrolyzer system at the Måde Power-to-X facility in Esbjerg, Denmark, moving the site into active hydrogen production. At full capacity, the company expects about 550 metric tons of green hydrogen annually (roughly 1,500 truckloads), with output certified as Renewable Fuel of Non-Biological Origin under the ISCC scheme.Plug has also been leaning into a speed-and-repeatability message, emphasizing a fully containerized design intended to reduce on-site complexity and accelerate production readiness. That "repeatable execution" framing has been tied to CEO José Luis Crespo’s push for more disciplined growth. With markets open, the backdrop is supportive: the Nasdaq-100 is up 1.81% and Industrials ranks No. 2 out of 11 sectors today, even though overall breadth is mixed (advance/decline ratio of 0.6). In that context, PLUG’s outsized pop reads as a stock-specific "execution update" tailwind layered on top of a generally positive session. Plug Power Stock: Key Levels and Momentum IndicatorsFrom a trend standpoint, the stock is still trying to repair a pullback: it’s trading 7.5% below the 20-day SMA ($2.93) and 16.5% below the 50-day SMA ($3.25), which can act as overhead supply if rallies fade. It’s also just 1.1% below the 100-day SMA ($2.74), while holding 4% above the 200-day SMA ($2.61), keeping the longer-term line in the sand close. MACD is the cleaner momentum read right now: it’s below its signal line and the histogram is negative, which points to upside pressure cooling unless buyers can reclaim that baseline. Put simply, when MACD is below its signal line, momentum is usually fading rather than building. The near-term structure stays mixed: the 20-day SMA below the 50-day SMA is a bearish setup, but the 50-day SMA remains above the 200-day SMA (the golden cross from September 2025), which helps keep the bigger picture from fully breaking down. Zooming out, the stock is still working inside a wide 52-week range between $4.58 (October 2025) and $1.13, with a swing low in April and a swing high in June framing the current consolidation. Key Resistance: $2.50 — a nearby pivot/round-number area that can cap rebounds, with the long-term moving-average zone close by What Is Plug Power’s Green Hydrogen Ecosystem?Plug Power is building an end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications. That’s why the Denmark handover matters: it’s a real-world proof point for "repeatable execution" in electrolyzers and hydrogen production, not just a roadmap slide. Plug Power Stock Price Movement on TuesdayPLUG Stock Price Activity: Plug Power shares were up 5.41% at $2.72 at the time of publication on Tuesday, according to Benzinga Pro data. Image: Shutterstock Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
|||
|
Saved
2026-06-30 21:21
1mo ago
Published
2026-06-30 16:33
1mo ago
|
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of JD.com, Inc. - JD | FMP Stock News | |
|
Original source text
NEW YORK, June 30, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of JD.com, Inc. (“JD” or the “Company”) (NASDAQ: JD). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether JD and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On June 11, 2026, Bloomberg News reported that the Beijing branch of China’s State Administration for Market Regulation summoned JD representatives “over what officials said was false advertising during the annual ‘618’ midyear online shopping festival.” On this news, JD’s American Depositary Receipt (“ADR”) price fell $0.39 per ADR, or 1.37%, to close at $28.06 per ADR on June 11, 2026. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: Danielle Peyton Pomerantz LLP [email protected] 646-581-9980 ext. 7980 |
|||
|
Saved
2026-06-30 21:19
1mo ago
Published
2026-06-30 16:05
1mo ago
|
Aflac Incorporated to Release Second Quarter Results and CFO Video Update on August 6, 2026 and Host Webcast on August 7, 2026 | FMP Stock News | |
|
Original source text
COLUMBUS, Ga., June 30, 2026 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) announced today that it will release second quarter 2026 financial results after the market closes on Thursday, August 6, 2026. |
|||
|
Saved
2026-06-30 21:18
1mo ago
Published
2026-06-30 15:46
1mo ago
|
LCID FINAL DEADLINE: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Lucid Group, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - LCID | FMP Stock News | |
|
Original source text
New York, New York--(Newsfile Corp. - June 30, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Lucid Group, Inc. (NASDAQ: LCID) between February 25, 2026 and April 13, 2026, inclusive (the "Class Period"), of the important July 28, 2026 lead plaintiff deadline.SO WHAT: If you purchased Lucid securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Lucid class action, go to https://www.rosenlegal.com/cases/lucid-group-inc-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 28, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (2) the foregoing was likely to, and did, have a material negative impact on Lucid's business and financial results; (3) accordingly, the defendants had overstated the purported enhancements to Lucid's manufacturing and delivery capabilities and overall operations; and (4) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Lucid class action, go to https://www.rosenlegal.com/cases/lucid-group-inc-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303549 Source: The Rosen Law Firm PA Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
|||
|
Saved
2026-06-30 21:18
1mo ago
Published
2026-06-30 16:18
1mo ago
|
Pomerantz Law Firm Announces the Filing of a Class Action Against Lucid Group, Inc . and Certain Officers – LCID | FMP Stock News | |
|
Original source text
NEW YORK, June 30, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Lucid Group, Inc. (“Lucid” or the “Company”) (NASDAQ: LCID) and certain officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 26-cv-05128, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Lucid securities between February 25, 2026 and April 13, 2026, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.If you are an investor who purchased or otherwise acquired Lucid securities during the Class Period, you have until July 28, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. [Click here for information about joining the class action] Lucid is a technology company that designs, develops, manufactures, and sells electric vehicles, EV powertrains, and battery systems. The Company’s products include, inter alia, the “Lucid Air” sedan and “Lucid Gravity” sport utility vehicle. At all relevant times, Defendants touted purported enhancements to Lucid’s manufacturing and delivery capabilities and overall operations. In particular, beginning in late-February 2026, Defendants represented that, in fiscal year (“FY”) 2025, they had implemented sustainable improvements in these areas, including with respect to the production and ramp-up of deliveries of the Lucid Gravity. Defendants likewise asserted that these improvements would lead to profitable growth and performance efficiencies in FY 2026. Unbeknownst to investors, however, Lucid’s performance was materially hampered by significant supplier and delivery issues in February 2026, putting the Company on track for dismal, rather than improved, performance in its first quarter (“Q1”) of 2026. The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (ii) the foregoing was likely to, and did, have a material negative impact on the Company’s business and financial results; (iii) accordingly, the Defendants had overstated the purported enhancements to Lucid’s manufacturing and delivery capabilities and overall operations; and (iv) as a result, Defendants’ public statements were materially false and misleading at all relevant times. The truth began to emerge on April 3, 2026, when Lucid issued a press release “announc[ing its Q1 2026] production and delivery totals[.]” Lucid revealed that it had “produced 5,500 vehicles” during Q1 2026, while only “deliver[ing] 3,093 vehicles.” The press release further disclosed that, “[d]uring the quarter, deliveries of the Lucid Gravity were disrupted for 29 days due to a supplier quality issue with the second-row seats” and, “[a]s a result of this, the company’s ability to meet customer demand was impacted.” The same day, Reuters published an article entitled “Lucid misses first-quarter vehicle delivery estimates on supplier disruptions”. The article provided additional color and comments from Defendant Marc Winterhoff (“Winterhoff”), the Company’s Interim Chief Executive Officer (“CEO”), regarding Lucid’s disappointing Q1 2026 delivery results—most notably that deliveries were particularly impacted over a month earlier in February 2026, when Lucid paused to reverse an unauthorized supplier change and inspect vehicles already produced. The next trading day, April 6, 2026, 24/7 Wall St. published an article entitled “Lucid Faces Biggest Disaster Ever”, which described the number of vehicles that Lucid delivered in Q1 2026 as “remarkably small”, stating that Lucid “cannot sell fewer than 4,000 vehicles and even pretend this is sustainable.” Following the foregoing news and disclosures, Lucid’s stock price fell $1.13 per share, or 11.35%, over the following two trading sessions, to close at $8.83 per share on April 7, 2026. On April 14, 2026, Lucid filed a current report on Form 8-K with the United States Securities and Exchange Commission (“U.S.”), reporting, inter alia, its preliminary Q1 2026 financial results, including revenue in the range of $280 million to $284 million—well below the consensus estimate of $433.8 million—and losses from operations in the range of $985 million to $1.005 billion. The same day, Lucid issued a press release revealing its plans for a $1.05 billion capital raise, including a $300 million public stock offering. Following these disclosures, Lucid’s stock price fell $0.44 per share, or 4.76%, to close at $8.80 per share on April 14, 2026. Then, on May 5, 2026, Lucid issued a press release reporting its Q1 2026 financial results, including GAAP earnings per share of -$3.46, missing consensus estimates by $0.83, a net loss of over $1 billion, and revenue of $282.47 million, missing consensus estimates by $76.04 million. Defendant Winterhoff, as quoted in the press release, acknowledged that the previously disclosed “supplier issue . . . during the quarter had an impact,” and the need to “align[] production and delivery with customer demand.” Lucid’s Chief Financial Officer, Defendant Taoufiq Boussaid, as quoted in the same press release, likewise acknowledged that “[w]e ended the quarter with elevated inventory that we expect to convert to revenue and cash as deliveries normalize[.]” Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: Danielle Peyton Pomerantz LLP [email protected] 646-581-9980 ext. 7980 |
|||
|
Saved
2026-06-30 21:18
1mo ago
Published
2026-06-30 15:07
1mo ago
|
GTM Notification: ZoomInfo Technologies Accused of Misrepresentations about its AI-integration Issues in Securities Fraud Class Action | FMP Stock News | |
|
Original source text
A securities fraud class action lawsuit has been filed on behalf of ZoomInfo investors after its stock plummeted nearly 33% because ZoomInfo allegedly misled investors regarding its customer retention., /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against ZoomInfo Technologies Inc. (NASDAQ: GTM) and certain of the Company's senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws. If you invested in ZoomInfo, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/zoominfo-class-action-lawsuit. Key Details of the ZoomInfo ($GTM) Class Action: Lead Plaintiff Deadline: August 24, 2026 Alleged Misconduct: Securities fraud alleging that ZoomInfo misled investors regarding the impact of ZoomInfo's AI-integrated products on customer retention Stock Drop: May 12, 2026 2026 – 33% Stock Drop Court: U.S. District Court for the Western District of Washington Action: Contact BFA Law to discuss your rights Investors have until August 24, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in ZoomInfo securities. The class action is pending in the U.S. District Court for the Western District of Washington. It is captioned Tejeda v. ZoomInfo Technologies et al., No. 26-cv-05696. Why is ZoomInfo Being Sued for Securities Fraud? ZoomInfo has been sued for securities fraud following a significant stock drop resulting from potential violations of the federal securities laws. The decline in ZoomInfo's stock price caused significant losses to investors. ZoomInfo provides go-to-market ("GTM") intelligence and a customer engagement platform for sales, marketing, operations, and recruiting professionals. Throughout the relevant period, ZoomInfo allegedly stated that "the demand for AI for GTM is evident up and down our customer stack." According to ZoomInfo, its "innovative go-to-market AI" was "driving stronger daily engagement from a diverse set of go-to-market personas." On February 9, 2026, ZoomInfo issued its 2026 revenue guidance "in the range of $1.247 billion to $1.267 billion," because "in 2026, our focus is on bringing" ZoomInfo's "all-in-one AI platform for go-to-market teams . . . to our customers at scale." In truth, as alleged, ZoomInfo's customer retention declined as customers were rejecting ZoomInfo's AI products. Why did ZoomInfo's Stock Drop? On May 11, 2026, ZoomInfo announced its Q1 2026 results and slashed its 2026 revenue guidance from $1.247-$1.267 billion to $1.185-$1.205 billion. ZoomInfo revealed that its customer growth "regressed" due to "AI and agentic confusion" leading to "a pause in [customers'] purchasing decisions[.]" This news caused the price of ZoomInfo stock to decline $1.98 per share, or 32.78%, from a closing price of $6.04 per share on May 11, 2026, to $4.06 per share on May 12, 2026. Click here for more information: https://www.bfalaw.com/cases/zoominfo-class-action-lawsuit. What Can You Do? If you invested in ZoomInfo, you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: https://www.bfalaw.com/cases/zoominfo-class-action-lawsuit Why Bleichmar Fonti & Auld LLP? BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters. Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff's securities litigation law firm, with clients noting: "[t]here is no better service provider in the practice area," "[t]he interest of the client is always front and center," and "[t]here isn't a better firm in this space." One testimonial described the firm as "nimble and entrepreneurial," with a "relentless focus on adding value for clients." Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd. For more information about BFA and its attorneys, please visit https://www.bfalaw.com. https://www.bfalaw.com/cases/zoominfo-class-action-lawsuit Attorney advertising. Past results do not guarantee future outcomes. SOURCE Bleichmar Fonti & Auld LLP |
|||
|
Saved
2026-06-30 21:18
1mo ago
Published
2026-06-30 16:55
1mo ago
|
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in ZoomInfo Technologies Inc. of Class Action Lawsuit and Upcoming Deadlines – GTM | FMP Stock News | |
|
Original source text
NEW YORK, June 30, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against ZoomInfo Technologies Inc. (“ZoomInfo” or the “Company”) (NASDAQ: GTM). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether ZoomInfo and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. You have until August 25, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired ZoomInfo securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com. [Click here for information about joining the class action] On May 11, 2026, ZoomInfo announced its first quarter 2026 financial results, unveiling a sharp decline in growth outlook and accordingly lowered its 2026 full year financial guidance. On this news, ZoomInfo’s stock price fell $1.98 per share, or 32.78%, to close at $4.06 per share on May 12, 2026. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: Danielle Peyton Pomerantz LLP [email protected] 646-581-9980 ext. 7980 |
|||