SAN FRANCISCO, Feb. 27, 2026 (GLOBE NEWSWIRE) -- National shareholder rights law firm Hagens Berman is notifying investors that a securities class action lawsuit has been filed against Corcept Therapeutics Inc. (NASDAQ: CORT) and certain of its top executives. The lawsuit, Allegheny County Employees' Retirement System v. Corcept Therapeutics Incorporated, No. 26-cv-01525 (N.D. Cal.), seeks to recover losses for investors who purchased CORT common stock between October 31, 2024, and December 30, 2025. The fi ...

After a pullback to $300 and its 100-day moving average, we’re betting on an intermediate trend higher for Alphabet Inc (NASDAQ:GOOGL) stock. In December, a similar pullback to this level marked the beginning of a rally up to $350. Earlier this month, the shares broke out and cleared a trendline connecting lower highs since earnings in January. We’re looking at another potential rally to at least $350 by April expiry. Short interest recently hit its highest level since May 2021 and looks like it has begun r ...

SAN DIEGO--(BUSINESS WIRE)--Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Franklin BSP Realty Trust, Inc. (NYSE: FBRT) securities between November 5, 2024 and February 11, 2026. FBRT is a real estate investment trust that "originates, acquires and manages a diversified portfolio of commercial real estate debt secured by properties located in the United States."Robbins LLP is Investigating Allegations that Franklin BSP Realty Tr ...

Core Viewpoint - Jack Dorsey, CEO of Block, emphasizes that artificial intelligence (AI) is already transforming the workforce and company operations, leading to significant job cuts as the company plans to reduce its workforce by over 4,000 employees, nearly half of its total [2][3][4]. Group 1: Company Actions and Market Reactions - Block is set to cut over 4,000 jobs to integrate AI into its operations, marking a significant shift in its workforce strategy [3][6]. - Following Dorsey's announcement, Block's shares experienced a sharp increase, indicating that the market is rewarding companies that view AI as a fundamental driver of change rather than a mere experiment [3][6]. - The company is among the most prominent to explicitly cite AI as the primary reason for job reductions, contrasting with other firms that may view it as a secondary efficiency gain [6]. Group 2: Industry Trends and Economic Implications - AI-related layoffs have surpassed 61,000 globally since November, with major companies like Amazon and Pinterest also announcing cuts linked to AI [6]. - A report from Citrini Research predicts that unemployment could rise to 10.2% by 2028 due to rapid displacement in sectors such as software and logistics, raising concerns about the broader economic impact of AI [9]. - Morgan Stanley's analysis shows a growing number of companies reporting measurable benefits from AI adoption, with 21% of S&P 500 companies noting at least one quantifiable advantage, up from 15% in the previous quarter [10][11]. Group 3: Perspectives on AI's Role in the Workforce - Dorsey warns that most companies are lagging in their AI adoption and will soon face similar challenges, advocating for proactive rather than reactive approaches to AI integration [4][5]. - There is a growing debate among executives and economists about whether AI serves primarily to enhance worker productivity or to enable companies to operate with fewer employees [5][9]. - ECB President Christine Lagarde noted that while AI is currently increasing productivity, the anticipated waves of job redundancies have not yet materialized, suggesting a cautious approach to the implications of AI on the labor market [12].

Key Takeaways Astronics emerges stronger as defense, airline upgrades and backlog support growth.TransDigm leverages sole-source parts and aftermarket strength despite supply-chain headwinds.ATRO projects 2026 revenues between $950 and $990M with double-digit EPS growth.Increasing aircraft deliveries worldwide, fleet expansion by airlines and rising demand for maintenance, repair and overhaul (MRO) services are fueling growth across the aviation services sector. Continued recovery in global air travel and s ...

Key Takeaways Serve Robotics crossed 1,000 deployed robots and targets 2,000 as pilots shift to repeatable economics.Gen3 robots cut unit costs 65%, while Vayu, Phantom Auto and Diligent deals expand AI and hospital reach.SERV holds $200M liquidity, expects 10X 2026 revenue growth, yet trades at 25.11x forward P/S.Serve Robotics (SERV) appears to be transitioning from a pilot-stage robotics company into a scaled autonomy platform — and 2026 could mark the inflection point.Scale is the first layer of its moa ...

Core Insights - Willdan Group, Inc. (WLDN) reported strong fourth-quarter fiscal 2025 results, with adjusted earnings and revenues exceeding expectations, while both metrics showed year-over-year growth [1][4][9] Financial Performance - Adjusted EPS for Q4 was $1.57, surpassing the Zacks Consensus Estimate of 79 cents by 98.7%, and increased from $0.75 in the same quarter last year [4] - Net revenues reached $89.5 million, beating the consensus mark of $87 million by 2.4% and reflecting a 12.9% year-over-year increase [4] - Contract revenues rose 20.6% year over year to $173.7 million, with gross profit increasing to $62.6 million from $55 million [4][5] Segment Analysis - Energy Segment: Contract revenues increased to $148.3 million from $120.7 million year over year, with net revenues growing 15.7% to $65.5 million [6] - Engineering and Consulting Segment: Contract revenues rose to $25.4 million from $23.4 million year over year, with net revenues up 6% to $24 million [6][7] Annual Highlights - For fiscal year 2025, Willdan reported net revenues of $364.8 million, a 23.1% increase from fiscal 2024, and adjusted EPS of $4.89, up 101.2% from $2.43 a year ago [8] - Adjusted EBITDA for the year was $79.5 million, reflecting a 40.2% increase from the previous fiscal year [8] Future Outlook - For fiscal 2026, Willdan projects net revenues between $390 million and $405 million, with adjusted EBITDA expected to be between $85 million and $90 million, and adjusted EPS anticipated in the range of $4.50-$4.70 [9][11]

Restaurant operators continue to operate in a competitive environment marked by shifting consumer demand, cost pressures and the need to balance growth with operational discipline. In this landscape, Flanigan's Enterprises, Inc. (BDL) and Rave Restaurant Group, Inc. (RAVE) reflect two distinct approaches within the broader restaurant space. BDL operates a Florida-centric portfolio of casual dining restaurants and package liquor stores under the “Flanigan’s” and “Big Daddy’s” brands, while RAVE functions pri ...

Shares of Hamilton Beach Brands Holding Company (HBB) have outperformed the broader market, following the release of its fourth-quarter 2025 results. The stock has climbed 6.7% since reporting earnings compared with a 0.8% return for the S&P 500. Over the past month, Hamilton Beach shares have risen 7.7%, while the S&P 500 has declined 0.9%, signaling a favorable investor response to the company’s latest update.Earnings & Revenue PerformanceFor the fourth quarter of 2025, revenues were $212.9 million compar ...

Funding Overview - OpenAI has raised $110 billion in new funding from Amazon, Nvidia, and SoftBank, marking one of the largest private capital raises in technology history [1][2] - The funding round includes $50 billion from Amazon, $30 billion from Nvidia, and $30 billion from SoftBank Group [2] User Base and Market Position - OpenAI now serves over 900 million weekly active users, including more than 50 million paying consumer subscribers and over 9 million business users [2] Strategic Focus - The funding is part of OpenAI's broader effort to industrialize artificial intelligence, emphasizing the need to expand compute capacity, lower inference costs, and build durable global infrastructure [3] - OpenAI is entering a phase where scaling laws, data center investment, and chip supply chains will significantly influence competitive advantage [3] Infrastructure Commitments - Amazon Web Services will become the exclusive third-party cloud provider for OpenAI's Frontier program, with potential infrastructure agreements totaling $100 billion over eight years [7] - OpenAI will utilize dedicated inference and training capacity on Nvidia's next-generation systems, increasing its reliance on specialized AI hardware [7] Future Projections - OpenAI's compute spending could approach $600 billion by 2030 as models grow larger and usage expands across consumer and enterprise markets [8] - Access to capital and long-term infrastructure agreements are becoming increasingly strategic assets in the AI race [8] Competitive Landscape - OpenAI's consumer momentum remains strong, with ChatGPT leading global consumer AI usage and higher-priced subscription tiers being rolled out to convert usage into recurring revenue streams [9] - Competition is intensifying, with Anthropic's valuation climbing to $380 billion amid increasing enterprise demand for AI systems, indicating that large language model providers are competing on research, distribution, pricing, and ecosystem partnerships [10]