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NET Power Inc. Shareholders Who Lost Money on Their Investment are Encouraged to Contact Johnson Fistel about the Class Action Lawsuit
GlobeNewswire News Room· 2025-05-03 01:05
Core Viewpoint - A class action lawsuit has been initiated against NET Power Inc. on behalf of investors who acquired securities between June 9, 2023, and March 7, 2025, alleging that the company made materially false and misleading statements regarding its business and operations [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit seeks to recover losses for investors during the specified Class Period [1]. - Investors wishing to act as lead plaintiffs must file a motion by June 17, 2025 [1]. Allegations Against NET Power Inc. - The Complaint claims that NET Power's management made false statements about the completion timeline and costs associated with Project Permian, citing supply chain issues and site-specific challenges [2]. - It is alleged that the company's projections regarding the time and capital required for Project Permian were unrealistic [2]. - The increased time and capital requirements are expected to negatively impact the company's business and financial results [2]. - Overall, the public statements made by the defendants are claimed to be materially false and misleading throughout the Class Period [2]. Law Firm Background - Johnson Fistel, PLLP is a recognized law firm specializing in shareholder rights and securities class action lawsuits, with multiple offices across the United States [3]. - The firm has a track record of recovering significant amounts for clients, having recovered approximately $90,725,000 in 2024 for aggrieved clients [4].
2 Artificial Intelligence Stocks to Buy in May
The Motley Fool· 2025-05-02 09:50
Industry Overview - The AI industry is facing an uncertain macroeconomic environment, with signs indicating a potential cooling in demand for AI infrastructure [1] - Super Micro Computer has reduced its guidance due to delayed purchasing decisions from customers, and some tech giants are scaling back on data center expansions [1] Investment Focus - Investors are still interested in AI, with a recommendation to avoid AI hardware companies like Super Micro and Nvidia, as well as hyperscalers like Microsoft [2] - The focus should be on companies specializing in AI inference and efficient, specialized AI models, with IBM and Cloudflare highlighted as top picks [2] IBM's AI Strategy - IBM has secured $6 billion in generative AI-related business, with $1 billion added in the first quarter, primarily from its consulting business [3] - The Watsonx AI platform is central to IBM's AI efforts, enabling enterprises to build, test, deploy, and manage AI models, with potential cost reductions of up to 98.5% by using specialized models [4] - IBM's upcoming z17 mainframe, launching in June, can perform 450 billion AI inferencing operations daily, making it suitable for real-time tasks like credit card fraud detection [6] Cloudflare's AI Capabilities - Cloudflare focuses on speed, allowing developers to perform fast computations on user requests, covering various use cases including AI inference tasks [8] - The platform supports over 50 open-source AI models and integrates with Cloudflare Workers for programmatic access [9] - By focusing on AI inference with smaller models, Cloudflare can utilize older, less expensive AI accelerators, reducing costs while maintaining performance [10] - Cloudflare's revenue grew by 27% year over year in Q4 2024, with a record number of large customers spending over $1 million annually [11]
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of June 17, 2025 in NET Power, Inc. Lawsuit – NPWR
GlobeNewswire News Room· 2025-05-01 16:55
NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of NET Power, Inc. (NYSE: NPWR). Shareholders who purchased shares of NPWR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/net-power-inc-loss-submission-form/?id=146204&from=3 CLASS PERIOD: June 9, 2023 to Ma ...
Cloudflare Rises 7% in a Month: Should You Hold or Fold the Stock?
ZACKS· 2025-04-29 16:10
Core Viewpoint - Cloudflare Inc. (NET) has shown strong performance with a 7.3% increase in the past month, significantly outperforming the Zacks Internet – Software industry's growth of 0.8, raising questions about whether investors should hold the stock now [1]. Group 1: Growth Drivers - Cloudflare is focusing on AI and expanding its Zero Trust security offerings, positioning itself for strong long-term growth potential [4]. - The company secured a three-year Secure Access Service Edge contract worth $4 million with a major U.S. investment firm, enhancing its position in the enterprise security space [5]. - Cloudflare's AI offerings, including Workers AI and AI Gateway platforms, are gaining traction, optimizing performance and security for AI workloads [5]. - The company's AI solutions deliver up to 10 times price performance improvements over traditional hyperscalers, making it a critical infrastructure provider as AI adoption accelerates [6]. Group 2: Financial Performance - Cloudflare's go-to-market strategy has improved sales execution, with significant customer conversions in the fourth quarter, where 80% of new sales hires focused on enterprise clients [7]. - Notable customer wins include a $20 million five-year contract with a Fortune 100 technology firm and a $13.5 million deal with a leading AI company, highlighting growing enterprise traction [8]. - The company reported an operating income of $67.2 million in the fourth quarter, up 69% year over year, with an operating margin expanding 360 basis points to 14.6%, reflecting improved operational efficiency [9]. - For 2025, Cloudflare forecasts non-GAAP earnings per share between 79 cents and 80 cents, indicating year-over-year growth of 5.33% [10]. Group 3: Competitive Landscape - The market for web infrastructure and security services is highly competitive, with established players like Akamai Technologies, Fastly, and Amazon Web Services vying for market share [11]. - Akamai offers a range of infrastructure and security services, while Fastly provides solutions like Compute@Edge and a strong security portfolio [12]. - Amazon offers various services including Amazon CloudFront and security solutions, with new entrants and niche players adding to competitive pressure [13]. Group 4: Valuation Concerns - Cloudflare is currently trading at a forward sales multiple of 18.39X, compared to the Internet - Software industry's valuation of 4.86X, indicating overvaluation [14]. Group 5: Investment Recommendation - Despite strong growth prospects, Cloudflare's current overvaluation poses concerns for investors, suggesting a hold position for now [17]. - The company carries a Zacks Rank 3 (Hold) at present, indicating a prudent move for patient investors [18].
Cloudflare's Latest Product Could Be a Game Changer
The Motley Fool· 2025-04-29 11:10
Core Insights - Cloudflare is enhancing its developer platform by introducing Containers, allowing for the deployment of a wider range of applications similar to traditional cloud providers [3][4][10] Group 1: Product Development - Cloudflare's Containers product will enter open beta in June, enabling standardized deployment of applications and their dependencies [3] - The integration of Containers with Cloudflare Workers will facilitate programmatic scaling and traffic routing, simplifying configurations compared to other container environments [5] Group 2: Market Positioning - With nearly 240,000 paying customers, including 35% of Fortune 500 companies, the launch of Containers allows existing customers to migrate workloads from traditional cloud providers to Cloudflare [7] - Cloudflare's pricing model for Containers, based on resource usage, offers a cost-effective alternative for companies facing high cloud-computing costs on AWS, particularly for variable workloads [8] Group 3: Target Audience - Start-ups not yet committed to any cloud provider may find Cloudflare's usage-based pricing attractive, as it allows for rapid scaling without the need for reserved capacity [9] - Companies with fluctuating computing needs will benefit from the ability to scale Containers up or down based on traffic demands, optimizing resource usage [6]
NET Power, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm for More Information – NPWR
GlobeNewswire News Room· 2025-04-28 16:47
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of NET Power, Inc. regarding a class action lawsuit due to alleged misleading statements and failure to disclose critical information about the company's Project Permian [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from June 9, 2023, to March 7, 2025 [3]. - Allegations include that NET Power was unlikely to complete its first utility-scale plant, Project Permian, on schedule and that the project would be significantly more expensive than previously represented due to supply chain issues and site-specific challenges [3]. - The complaint asserts that the company's projections regarding the time and capital needed for Project Permian were unrealistic, which could negatively impact the company's business and financial results [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by June 17, 2025, to potentially be appointed as lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [4]. Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and seeks recovery for those who suffered losses due to misleading statements or omissions by companies [5].
Why Cloudflare's 31% Pullback Is A Golden Buying Opportunity In AI And Edge Computing
Seeking Alpha· 2025-04-28 13:30
Cloudflare (NYSE: NET ) is down more than 31% since its most recent highs in mid-February. However, such declines can create opportunities, especially if you believe, as I do, in Cloudflare’s role in AI and edge computing. In this article, I will outline my investment thesis on Cloudflare, withI’m an independent investor with a passion for exploring opportunities in options trading, analyzing dark pool activity, and understanding macroeconomic trends. With years of hands-on experience, I’ve developed a keen ...
Faruqi & Faruqi Reminds NET Power Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 17, 2025 - NPWR
Prnewswire· 2025-04-27 12:56
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against NET Power Inc. due to allegations of false and misleading statements regarding Project Permian, which has faced significant delays and cost overruns [2][4]. Company Overview - NET Power Inc. is a publicly traded company on the NYSE under the ticker NPWR [2]. - The company has been involved in Project Permian, which is now estimated to have a total installed cost between $1.7 billion and $2.0 billion, significantly higher than the previous estimate of $1.1 billion [7]. Project Permian Updates - The project is now expected to come online no earlier than 2029, a significant delay from earlier projections of initial power generation between the second half of 2027 and the first half of 2028 [5][7]. - The delays and increased costs are attributed to supply chain issues and various site- and region-specific challenges [4][7]. Financial Impact - Following the announcement of the delays and increased costs, NET Power's stock price fell by $2.47 per share (18.54%) to close at $10.85 on November 14, 2023 [6]. - On March 10, 2025, after further disclosures, the stock price dropped by $2.18 per share (31.46%) to close at $4.75 [7]. - The company reported a decrease in cash reserves, ending 2024 with $533 million, down from $580 million [7]. Management Changes - On April 15, 2025, NET Power announced the departure of its President and COO, as well as its CFO, with a new COO appointed immediately [8]. - This news led to a further decline in the stock price by $0.13 per share (5.75%) to close at $2.13 on April 16, 2025 [8]. Legal Proceedings - Investors who suffered losses exceeding $50,000 between June 9, 2023, and March 7, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal options [1][2]. - There is a deadline of June 17, 2025, for investors to seek the role of lead plaintiff in the federal securities class action against NET Power [2].
ROSEN, NATIONALLY RECOGNIZED INVESTOR COUNSEL, Encourages NET Power Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – NPWR, NPWR.WS
GlobeNewswire News Room· 2025-04-27 02:34
Core Viewpoint - A class action lawsuit has been filed against NET Power Inc. for allegedly misleading investors regarding the completion and costs of Project Permian, which may significantly impact the company's financial results [1][4]. Group 1: Lawsuit Details - The class action lawsuit is on behalf of purchasers of NET Power securities between June 9, 2023, and March 7, 2025 [1]. - Allegations include that NET Power is unlikely to complete Project Permian on schedule and that the project will be more expensive than previously stated due to supply chain issues and site-specific challenges [4]. - The lawsuit claims that the defendants' public statements were materially false and misleading, leading to investor damages when the true details emerged [4]. Group 2: Investor Participation - Investors who purchased NET Power securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested investors can join the class action by submitting a form or contacting the law firm for more information [3][6]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements for investors, including over $438 million in 2019 [5]. - The firm has been recognized for its success in securities class action settlements and has a history of representing investors globally [5].
INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of NET Power
GlobeNewswire News Room· 2025-04-26 15:42
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against NET Power Inc. due to allegations of misleading statements regarding Project Permian's timeline and costs, which have led to significant stock price declines and investor losses [4][6]. Group 1: Allegations and Financial Impact - The complaint alleges that NET Power and its executives violated federal securities laws by making false statements and failing to disclose that Project Permian was unlikely to be completed on schedule and would be significantly more expensive than previously represented [6]. - The company now estimates Project Permian's total installed cost to be between $1.7 billion and $2.0 billion, up from a previous estimate of $1.1 billion, indicating a substantial increase in projected expenses [9]. - Following the announcement of delays and increased costs, NET Power's stock price fell by 18.54% to $10.85 per share on November 14, 2023, and by 31.46% to $4.75 per share on March 10, 2025 [8][9]. Group 2: Management Changes and Investor Actions - On April 15, 2025, NET Power announced the departure of its President and COO, as well as its CFO, which resulted in a further stock price decline of 5.75% to $2.13 per share [10]. - Investors who suffered losses during the specified period are encouraged to contact Faruqi & Faruqi to discuss their legal rights and options for participating in a federal securities class action [4][12].