WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Red Cat Holdings, Inc. (NASDAQ: RCAT) between March 18, 2022 and January 15, 2025, both dates inclusive (the "Class Period"). 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 22, 2025. SO WHAT: If you purchased Red Cat securities during the Class Period you may be entitled to compensati ...

By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions . Walmart is expanding its artificial intelligence (AI) offerings by introducing a new shopping assistant. Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. Customers can now access the generative AI-powered "Sparky" ...

Key Takeaways FLEX joins MIT's INM as a founding member to drive sustainable, tech-led manufacturing transformation. The partnership includes factory observatory programs and a living lab at FLEX's Brazil site for MIT students. FLEX eyes growth in cloud, power, and automotive, despite macro and tariff pressures across key segments.Flex Ltd. (FLEX) recently joined forces with the Massachusetts Institute of Technology (“MIT”) on the Initiative for New Manufacturing (INM) — a cutting-edge Institute-wide proj ...

Key Takeaways PFE stock is down 10.7% YTD, underperforming its industry, sector, and the broader market. COVID product sales are falling, but oncology drugs and Seagen assets are boosting top-line growth. PFE trades well below peers in terms of valuation and offers a 7.4% dividend yield with rising EPS estimates.Pfizer’s (PFE) stock has declined 10.7% so far this year compared with a decrease of 7.7% for the industry. The stock has also underperformed the sector and the S&P 500, as seen in the chart below ...

Telecom and satellite company EchoStar (SATS -6.35%) is reportedly considering a bankruptcy filing to protect its spectrum licenses. Investors are not taking the threat lightly, sending EchoStar shares down as much as 15% at the open and down 8% as of 11 a.m. Eastern. A preemptive filing on the horizon?EchoStar is a satellite television and communications company currently focused on growing a nationwide cellular business. The company owns Boost Mobile, the nation's fourth-largest wireless carrier, and is b ...

For investors, summer is a time of lower volume and slower growth. Like the holiday season, this is a time when institutional investors step away from their trading desks and plan their next moves. Many retail investors take the same approach. It’s always risky to suggest this time is different. However, the ongoing tariff situation and concern over the passage of the Trump administration’s omnibus budget bill will move markets, and not necessarily for the better. That’s an ideal reason to own high-quality ...

Key Takeaways GLOB launches AI Pods, a token-based subscription model for scalable, AI-powered IT services. Backed by GEAI, the model reduces delivery times and drives productivity across multiple industries. AI Pods use agentic AI overseen by experts to align outcomes with business strategy and boost efficiency.Globant S.A. (GLOB) has introduced a groundbreaking approach to IT services with the launch of AI Pods—a first-of-its-kind subscription model for AI-powered services. AI Pods enable access to inte ...

Key Takeaways OPFI shares skyrocketed 348.1% in a year, far outperforming its industry, and rivals GDOT and DLO. Improved credit quality, with the net charge-off rate moving down 1300 bps y/y, boosted OPFI's Q1 results. OPFI trades at 10.85X forward EPS and 7.09X EV/EBITDA, which are well below the industry's average valuation.OppFi Inc. (OPFI) shares have skyrocketed 348.1% in a year, outperforming the 29.2% rise of its industry and the 13.4% rally in the Zacks S&P 500 Composite.OPFI performed significan ...

So-called "flying taxis" are going mainstream, and investors are rushing into shares of the early market leaders.Joby Aviation (JOBY 10.59%) stock traded up as much as 14.9% at the market open and were up 8.6% as of 10:30 a.m. ET after President Donald Trump signed an executive order aiming to "unleash" development of the company's new flying machines. Markets taking shapeJoby is one of a handful of aerospace companies racing to bring electric aircraft capable of vertical takeoffs and landings, or eVTOLs, t ...

The battle for Wall Street’s top spot has intensified, with Microsoft (MSFT) once again overtaking NVIDIA (NVDA) to become the world’s most valuable public company. As of June 9, Microsoft’s market capitalization surged to approximately $3.5 trillion, narrowly eclipsing NVIDIA’s $3.47 trillion, reigniting a high-stakes rivalry that reflects deeper shifts in the tech and AI ecosystems (read: Why Big Tech Stocks Are Powering Market Gains Again).    A Clash of TitansThe tug-of-war is a showdown between two dif ...