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BBWI STOCK ALERT: Bath & Body Works, Inc. Investors are Encouraged to Act before the Upcoming March 16 Deadline – Contact BFA Law if You Lost Money
Globenewswire· 2026-02-01 10:36
Core Viewpoint - A class action lawsuit has been filed against Bath & Body Works, Inc. and certain senior executives for securities fraud following significant stock drops attributed to potential violations of federal securities laws [1]. Company Overview - Bath & Body Works is a specialty retailer focused on home fragrance and body care products, exploring product categories beyond its core business, including men's products, lip care, hair care, and laundry items [4]. Financial Performance and Stock Impact - On August 28, 2025, Bath & Body Works reported disappointing Q2 2025 results, cutting its full-year earnings guidance by $0.03 to a range of $3.28 to $3.53, leading to a stock price drop of $2.18 per share, or 6.9%, from $31.54 to $29.36 [6]. - Following the Q3 2025 results on November 20, 2025, which included further cuts to full-year guidance and acknowledgment that the strategy of pursuing adjacencies had not grown the customer base, the stock fell by $5.22 per share, or 24.8%, from $21.04 to $15.82 [7]. Legal Proceedings - Investors have until March 16, 2026, to request to lead the case in the ongoing lawsuit, which is filed under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 in the U.S. District Court for the Southern District of Ohio [3].
CVNA STOCK ALERT: Carvana Co. Investors are Encouraged to Act in Securities Investigation into Gotham Report – Contact BFA Law if You Lost Money
Globenewswire· 2026-02-01 10:36
Core Viewpoint - Carvana Co. is under investigation for potential violations of federal securities laws due to significant stock price drops linked to claims of accounting improprieties [2][3]. Group 1: Investigation Details - Bleichmar Fonti & Auld LLP is leading the investigation into Carvana for possible securities fraud [1]. - The investigation focuses on whether Carvana overstated its earnings and improperly accounted for related party transactions [3]. Group 2: Stock Performance - Carvana's stock price fell over 20% on January 28, 2026, dropping from $474.06 to a low of $374.55 per share [5]. - The decline was triggered by a report from Gotham City Research LLC, which alleged that Carvana's financial results were significantly affected by undisclosed transactions and debts related to entities controlled by Ernest Garcia II [4]. Group 3: Financial Implications - The Gotham City report claims that hidden relationships within Carvana's financial structure may have overstated earnings by over $1 billion, posing substantial risks to investors [4].
WLTH STOCK ALERT: Wealthfront Corporation Investors are Encouraged to Act in Securities Investigation into Home-Lending Business – Contact BFA Law if You Lost Money
Globenewswire· 2026-02-01 10:36
Core Viewpoint - Wealthfront Corporation is under investigation for potential violations of federal securities laws, particularly concerning misleading statements made during its IPO process [1][3]. Group 1: Company Overview - Wealthfront is an online financial advisor that utilizes automated tools to provide investment and financial advice [2]. - The company completed its initial public offering (IPO) on December 12, 2025, offering over 34 million shares at a price of $14.00 per share [2]. Group 2: Financial Performance - On January 12, 2026, Wealthfront reported its first quarterly results as a publicly traded company, revealing net deposit outflows of $208 million, a significant decline from the $874 million inflows during the same period the previous year [4]. - CEO David Fortunato attributed the decline in deposits to falling interest rates and highlighted the strategic importance of Wealthfront's new home-lending business [4]. Group 3: Stock Performance - Following the earnings report, Wealthfront's stock price dropped by $2.12 per share, nearly 17%, from a closing price of $12.59 on January 12, 2026, to $10.47 on January 13, 2026 [4].
CRWV STOCK ALERT: CoreWeave, Inc. Investors are Encouraged to Act before the Upcoming March 13 Deadline – Contact BFA Law if You Lost Money
Globenewswire· 2026-02-01 10:36
Core Viewpoint - A class action lawsuit has been filed against CoreWeave, Inc. and its senior executives for securities fraud following significant stock drops attributed to potential violations of federal securities laws [1][3]. Company Overview - CoreWeave is an AI-focused cloud computing company that operates data centers providing high-performance GPU infrastructure [4]. - The company relies on partnerships, notably with Core Scientific, to develop its data centers and support its AI computing operations [4]. Allegations of Securities Fraud - The lawsuit claims that CoreWeave misrepresented its ability to meet customer demand and concealed significant construction delays at its data centers [5]. - During the relevant period, CoreWeave assured investors of its capability to capitalize on unprecedented demand and rapidly scale operations [5]. Stock Performance and Impact of Events - On October 30, 2025, Core Scientific announced insufficient shareholder votes to approve a merger with CoreWeave, leading to a stock price drop of $8.87 per share (over 6%) from $139.93 to $131.06 [6]. - On November 10, 2025, CoreWeave lowered its guidance for revenue and other financial metrics due to delays from a third-party developer, causing a further drop of $17.22 per share (over 16%) from $105.61 to $88.39 [7]. - On December 15, 2025, reports of delays in a major data center project led to an additional decline of $2.85 per share (over 3%) from $72.35 to $69.50 [8].
PFSI STOCK ALERT: PennyMac Financial Services, Inc. Investors are Encouraged to Act in Securities Fraud Investigation – Contact BFA Law if You Suffered Losses
Globenewswire· 2026-02-01 10:36
Core Viewpoint - PennyMac Financial Services, Inc. is under investigation for potential violations of federal securities laws related to its mortgage recapture efforts as interest rates declined [1][2][3]. Group 1: Investigation Details - Bleichmar Fonti & Auld LLP is leading the investigation into PennyMac for possibly misrepresenting its ability to recapture customers refinancing their mortgages [3]. - The investigation is prompted by concerns that PennyMac's claims about improving recapture rates may not align with actual performance [2][3]. Group 2: Financial Performance and Stock Impact - On January 29, 2026, PennyMac reported disappointing financial results for Q4 2025, which included revelations about increased competition in the mortgage origination market [4]. - Despite increasing its origination capacity, PennyMac faced challenges in capitalizing on refinance opportunities due to competitors also expanding their capacities, leading to a stock price drop of over 37% from $140.70 to as low as $93.50 per share [4].
What to Expect in Markets This Week: January Jobs Report; Earnings From Alphabet, Amazon, AMD, Disney, Palantir
Investopedia· 2026-02-01 10:35
Group 1: Job Market Insights - The U.S. jobs report for January is anticipated, with December showing signs of labor market weakening, as only 50,000 jobs were added, lower than economists' expectations [3] - Federal Reserve officials are monitoring the labor market closely after keeping interest rates unchanged, citing elevated inflation risks despite a slowdown in hiring [4] Group 2: Earnings Reports Focus - Key earnings reports are expected from major tech firms such as Alphabet and Amazon, with Alphabet recently surpassing $100 billion in revenue [5] - Amazon has also shown strong revenue growth in the previous quarter but announced another round of layoffs [5] - Reports from Advanced Micro Devices indicate brisk sales of data center chips, contributing to positive analyst sentiment, although concerns about inflated valuations for top tech companies persist [6] Group 3: Sector-Specific Earnings - Disney's earnings report will provide insights into its direct-to-consumer segment, which grew 8% in the last quarter but fell short of expectations [7] - Pharmaceutical firms are also in focus, with Eli Lilly's shares rising due to optimism over its weight loss drugs, alongside earnings reports from competitors like Novo Nordisk, Amgen, Merck, AbbVie, and Novartis [7]
I Predicted That Carnival Stock Would Beat the Market in 2025. Can It Repeat in 2026?
The Motley Fool· 2026-02-01 10:35
There are still trends playing in its favor in 2026.Carnival Corp. (CCL 3.63%) stock beat the S&P 500 last year, although not by a wide margin; 23% to 18%. I anticipated this market beat for a number of reasons. The company had a lot to gain from shrinking interest rates, it had been reporting record sales, profits were increasing, and the stock price was low.Although the stock did come out on top of the market, investors have still been cautious with it. The company still has high debt, and it isn't clear ...
One of Under Armour's 10% Owners Buys 2.6M Shares as Legal Setbacks Come to A Close
The Motley Fool· 2026-02-01 10:33
A 10% owner of Under Armour purchased multiple shares of the company towards the end of January 2026. Is this a signal to purchas UA stock?V. Prem Et Al Watsa, 10% Owner of Under Armour (UA +2.36%), executed multiple open-market purchases between Jan. 27 and Jan. 28, totaling 2,641,105 shares for an approximate value of $16.4 million, according to a SEC Form 4 filing. Transaction summaryMetricValueShares traded2,641,105Transaction value$16.4 millionPost-transaction shares (indirect)65,000,000Transaction val ...
Budget aims to boost India's animation, content creation with ₹250-crore investment
MINT· 2026-02-01 10:32
India’s animation, visual effects, gaming and comics (AVGC) ecosystem is set for a significant boost after finance minister Nirmala Sitharaman proposed a ₹250-crore allocation to expand formal talent development across schools and colleges, signalling a push to institutionalize the country’s fast-growing creator economy. As part of the Union Budget presented on Sunday, the government will support the Indian Institute of Creative Technologies (IICT), Mumbai, in setting up AVGC content creator labs across 15, ...
The Silver Market Is Messed Up. These Buyers Are Feeling the Pain.
WSJ· 2026-02-01 10:30
Group 1 - The precious metal market experienced a boom, which was subsequently interrupted by a significant plunge on Friday [1] - This volatility has led to a frenzy among refiners, indicating heightened activity and demand in the refining sector [1] - Companies that rely on precious metals are facing major challenges due to the fluctuations in prices, impacting their operations and profitability [1]