NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Rocket Companies, Inc. ("Rocket Companies" or the "Company") (NYSE: RKT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Rocket Companies investors who were adversely affected by alleged securities fraud between March 29, 2021 and April 1, 2021. Follow the link below to get more information and be contacted by a member of our team: https://www.zlk.com/pslra-1/rocke ...

Core Viewpoint - A class action securities lawsuit has been filed against Ibotta, Inc. due to alleged securities fraud related to its initial public offering on April 18, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who purchased Ibotta securities and were negatively impacted by the alleged fraud [2]. - The complaint alleges that Ibotta failed to disclose the risks associated with its contract with The Kroger Co., specifically that the contract was at-will, allowing Kroger to terminate it without notice [3]. - Ibotta provided detailed information about its contract with Walmart but did not mention the at-will nature of the Kroger contract, misleading investors about the stability of its client relationships [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Ibotta have until June 16, 2025, to request to be appointed as lead plaintiff in the lawsuit [4]. - Participation in the lawsuit does not require any out-of-pocket costs for class members, and they may be entitled to compensation [4]. Group 3: Law Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [5]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [5].

Key Takeaways CSCO's Q3 product revenues rose 15% to $10.37B, led by strong gains in Security and Observability segments. Product ARR climbed 8% as CSCO shifted toward software-based offerings and recurring revenue streams. CSCO secured over $1B in AI infrastructure orders, aided by its NVIDIA partnership and AI Canvas launch.Cisco Systems (CSCO) is expanding its lead in network security and intelligent infrastructure through an innovative portfolio. In the third quarter of fiscal 2025, the company report ...

I am positive on Rubrik, Inc. (NYSE: RBRK ). My view is that RBRK is at the right place at the right time. Its product resonates with customers, as is evident from the pace of customer adoption, and also itsI'm a passionate investor with a strong foundation in fundamental analysis and a keen eye for identifying undervalued companies with long-term growth potential. My investment approach is a blend of value investing principles and a focus on long-term growth. I believe in buying quality companies at a disc ...

PayPal says it has developed a way to turn online ads into merchant storefronts.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 .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.“Storefront Ads” uses PayPal’s transaction graph and payment rails to turn “recommende ...

Key Takeaways USB is integrating Elan's credit card program into Fiserv's Credit Choice digital card solution. The partnership supports USB's digital-first strategy with a unified debit and credit platform. Fiserv will aid in rollout, training, and onboarding, targeting full integration by early 2026. U.S. Bancorp (USB) has entered a partnership with Fiserv (FI) to integrate its Elan Financial Services credit card program into Fiserv’s Credit Choice solution. The collaboration aims to enhance digital card ...

Key Takeaways STT has outperformed peers with a 9.5% gain, driven by strategic deals and strong fundamentals. Acquisitions, fee income gains and rising NII continue to support State Street's growth outlook. Higher expenses and reliance on fee income remain key risks to STT's ongoing performance.State Street Corporation (STT) shares have gained 9.5% in the past three months, outperforming the industry’s mere 0.6% growth and the S&P 500 Index’s 5.2% rise. Moreover, STT’s price performance has been better th ...

Company Overview - AST SpaceMobile is positioned as a leader in the multi-billion-dollar industry of low-Earth orbit satellites aimed at servicing the Internet and mobile markets globally [2] - The company has established partnerships with major carriers such as AT&T and Verizon to provide space-based services directly to smartphones, enhancing its revenue outlook through these agreements and government contracts [4] Financial Performance - AST SpaceMobile reported $0.7 million in revenue, which is considered low, but it is on track for hyper growth, with expectations to achieve profitability within two years and continue growing earnings at a rapid pace [1] - The mobile service revenue is projected to reach nearly $235 billion by 2025, with a compound annual growth rate of 5%, indicating a strong market potential for satellite operators [3] Stock Market Activity - The stock price forecast for AST SpaceMobile is $42.40, with a potential upside of 1.10%, based on seven analyst ratings, and a high forecast of $63.00 [8] - Institutional ownership exceeds 60%, with significant buying activity expected to continue into 2025, reflecting confidence in the company's future [9] Market Catalysts - AST SpaceMobile is anticipated to be included in the Russell 1000 index, which would enhance its visibility and affirm its business potential, positively impacting market sentiment [11] - There are speculations regarding potential investments from Jeff Bezos and collaborations with Amazon and Blue Origin, which could significantly influence AST SpaceMobile's outlook [10] Technical Outlook - The stock has shown a robust technical outlook, with projections suggesting a potential price movement of $20 to $30 from the $37 level, and even a high-end movement of 100% to 1000% [5] - Despite a tepid FQ1 performance, the stock has experienced a surge due to increasing deal volume and a positive outlook for profitability, indicating a recovery from earlier lows [7]

Neonode Inc. (NASDAQ: NASDAQ: NEON ) is a Sweden-based technology company specializing in optical sensing and gesture recognition. After dumping hardware, Neonode rebranded itself as a straight licensing shop, built around its zForce and MultiSensing tech. The idea is to wedge itselfI focus on producing objective, data-driven research, mostly about small- to mid-cap companies, as these tend to be overlooked by many investors. From time to time, though, I also look at large-cap names, just to give a fuller s ...

Key Takeaways DELL's ISG revenue rose 12% YoY to $10.31B in Q1 FY26, led by strong AI and traditional server demand. AI-optimized server orders hit $12.1B, with $1.8B shipped and a backlog of $14.4B in the fiscal first quarter. The PowerEdge XE9680 and XE8712 servers, built for NVIDIA AI platforms, drive DELL's AI infrastructure gains.Dell Technologies (DELL) is benefiting from the strong demand for AI servers, which are driven by ongoing digital transformation and heightened interest in generative AI app ...