NEW YORK, June 13, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Vestis Corporation ("Vestis" or the "Company") (NYSE: VSTS) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Vestis investors who were adversely affected by alleged securities fraud between May 2, 2024 and May 6, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/vestis-corporation-lawsuit-submission-form? ...

Core Viewpoint - A class action securities lawsuit has been filed against Organon & Co. due to alleged securities fraud that negatively impacted investors between October 31, 2024, and April 30, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Organon's management made overly positive statements while concealing material adverse facts about the company's capital allocation priorities, particularly regarding a significant debt reduction strategy following the acquisition of Dermavant [2]. - As a result of these actions, Organon reduced its regular quarterly dividend by 70%, leading to a dramatic decline in stock price from $12.93 per share on April 30, 2025, to $9.45 per share on May 1, 2025, representing a drop of over 27% in just one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until July 22, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving in this role [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].

SAN DIEGO, June 13, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT) securities between February 27, 2025 and May 26, 2025, inclusive (the “Class Period”), have until August 11, 2025 to seek appointment as lead plaintiff of the Rocket Pharmaceuticals class action lawsuit. Captioned Ho v. Rocket Pharmaceuticals, Inc., No. 25-cv-10049 (D.N.J.), the Rocket Pharmaceuticals class action lawsuit charges ...

VEON Ltd. (NASDAQ: VEON ) is a leading global digital operator, combining traditional telecommunication services, fast-growing fintech and streaming services across 5 key high growth frontier markets. Its market cap is only $3.3bn, and it is significantly lower than its peers like Bharti Airtel of $130bnI am currently working as an investment analyst at a family office. My specialty is identifying high-quality and/or severely mispriced investment ideas. I believe that a great investment idea would "jump" at ...

Pinnacle West (NYSE: PNW ) and Avista Corporation (NYSE: AVA ) are close peers in that they’re both regulated electric utilities operating in the Western U.S., but they have rather different investment profiles. Arizona-based PNW has growthJoseph Jones, professor at The University of Southern Mississippi, has over fifteen years of experience studying the market. He focuses on portfolio construction from a dividend growth investor's perspective. The insights expressed in his research are solely his own; they ...

Quantum computing stocks are still quite hot in the market, although their week-to-week performance can be incredibly volatile. For example, one of the more popular quantum computing plays, Rigetti Computing (RGTI -3.12%), set a new all-time high right at the end of 2024, but plunged 70% just a few weeks into 2025. Now, it's only off around 40% from its all-time high. One of its peers, IonQ (IONQ -2.28%), has also seen extreme volatility, although not quite the same level as Rigetti.Of these two, is one a m ...

Group 1 - The company is reducing its mortgage banking income estimate due to a weak housing market [1] - The expected EPS for the company in 2025 has been revised down to $1.43 from a previous estimate of $1.67 [1]

One of the most popular investment strategies rests on finding businesses that can quickly increase their revenue and earnings. By putting money into these opportunities, investors are hoping they can generate strong portfolio returns.There's one growth stock up 17% in 2025 (as of June 10). That performance trounces the 2% gain of the S&P 500 index (^GSPC 0.38%). But investors might not be familiar with this business, given that it carries a market cap of just $6.8 billion.Maybe now is a good time to take a ...

Core Insights - Digital Turbine, Inc. is expected to report a quarterly earnings decline to 4 cents per share, down from 12 cents per share in the same period last year [1] - The company projects quarterly revenue of $116.64 million, an increase from $112.22 million a year earlier [1] Recent Performance - On February 5, Digital Turbine reported quarterly earnings of 13 cents per share, exceeding the analyst consensus estimate of a loss of 1 cent [2] - Quarterly revenue was reported at $134.64 million, surpassing the consensus estimate of $123.68 million [2] - Following the earnings report, Digital Turbine shares fell by 4.1% to close at $4.98 [2] Analyst Ratings - B of A Securities analyst downgraded the stock from Neutral to Underperform, reducing the price target from $3.5 to $1 [6] - Macquarie analyst maintained a Neutral rating and lowered the price target from $3 to $2 [6] - Craig-Hallum analyst maintained a Buy rating but cut the price target from $5 to $4 [6]

Core Insights - Tesla has established itself as a leader in autonomous driving with its Full Self-Driving (FSD) software, which automates certain driving tasks but still requires driver supervision [2] - Despite high expectations, FSD does not significantly contribute to Tesla's revenues, especially as competition in the EV market increases [2] - The subscription model for FSD is gaining traction, with estimates suggesting that around 10% of new Tesla buyers may opt for it, potentially generating approximately $550 million in annual revenue [3][4] FSD Revenue and Market Position - Tesla offers FSD for a one-time fee of $8,000 or a subscription at $99 per month, with the subscription likely being the preferred choice for new buyers [3] - By the end of 2025, cumulative FSD subscriptions could reach around 460,000, translating to an estimated $550 million in annual revenue, which is a small fraction of Tesla's total sales [4] - The valuation premium of Tesla's stock is not fully justified by the current FSD revenue, indicating a potential disconnect between market expectations and actual performance [4] Competitive Landscape - Elon Musk has made ambitious claims about FSD advancements, but the actual improvements have fallen short, with the latest version showing only a 2.5 times increase in miles driven between disengagements [5] - In contrast, Waymo has made significant progress, conducting over 250,000 fully autonomous rides weekly, showcasing a more advanced level of autonomy compared to Tesla's FSD [6][7] - Waymo's vehicles operate without human oversight and have demonstrated a 78% reduction in injury-causing crashes compared to human drivers, highlighting its competitive edge in safety and user preference [7] Tesla's Potential Advantages - Tesla's reliance on a camera-only system powered by neural networks may offer a simpler and more cost-effective approach to scaling its FSD technology compared to Waymo's complex hardware requirements [8] - With over 5 million Teslas on the road, a significant portion may be equipped to run FSD software, providing a large potential user base for future advancements [8]