FibroGen Announces 1-for-25 Reverse Stock Split
GlobeNewswire News Room· 2025-06-12 20:02
SAN FRANCISCO, June 12, 2025 (GLOBE NEWSWIRE) -- FibroGen, Inc. (NASDAQ: FGEN) today announced that it will implement a 1-for-25 reverse stock split of its issued and outstanding common stock ("Reverse Stock Split"), effective at 5:00 p.m. Eastern Time on June 16, 2025. FibroGen’s common stock will begin trading on a split-adjusted basis on June 17, 2025, when the markets open, under the Company’s existing trading symbol “FGEN,” with the new CUSIP number 31572Q881. The Reverse Stock Split was previously app ...
Why Buy QBTS & IONQ Stocks After NVIDIA CEO's Remarks?
ZACKS· 2025-06-12 20:01
Key Takeaways NVDA CEO Jensen Huang now sees quantum computing nearing real-world impact and industry inflection. Huang's comments helped lift quantum stocks, with QTUM ETF rising and QBTS and IONQ drawing attention. QBTS posted 509% revenue growth; IONQ expects up to $95M in 2025 revenues after strategic acquisitions.NVIDIA Corporation’s (NVDA) CEO, Jensen Huang, recently shifted his stance on quantum computing, displaying hopefulness. Why is his buoyancy about quantum computing worth noting, and should ...
4 Attractive GARP Picks for Your Portfolio Based on PEG Ratio
ZACKS· 2025-06-12 20:01
Key Takeaways Four GARP stocks, FLEX, CVS, URBN, and EXEL, were selected using a screen focused on PEG and value scores. Each pick has a PEG ratio below industry median, solid earnings outlook and a Zacks Rank of #1 or #2. FLEX leads with a 35.1% historical growth rate, while EXEL boasts 21.2% expected long-term earnings growth.In the equity market, investments always need to be prudently hedged to overcome uncertainties and limit losses related to external shocks. A question that often arises is whether ...
AGNC Investment Corp. Declares Monthly Common Stock Dividend of $0.12 per Common Share for June 2025
Prnewswire· 2025-06-12 20:01
BETHESDA, Md., June 12, 2025 /PRNewswire/ -- AGNC Investment Corp. (Nasdaq: AGNC) announced today that its Board of Directors has declared a cash dividend of $0.12 per share of common stock for June 2025. The dividend is payable on July 10, 2025 to common stockholders of record as of June 30, 2025.For further information or questions, please contact Investor Relations at (301) 968-9300 or [email protected].ABOUT AGNC INVESTMENT CORP.Founded in 2008, AGNC Investment Corp. (Nasdaq: AGNC) is a leading investor ...
Meta teams with XGS Energy to build a 150 MW geothermal power plant
TechCrunch· 2025-06-12 20:00
Meta is the latest tech company to warm to geothermal energy, announcing on Thursday a deal with startup XGS Energy to develop a 150 megawatt geothermal power plant in New Mexico. XGS Energy has yet to say where it’ll be building the power plant, and Meta wouldn’t disclose specifics about the deal other than to say it’s not yet a contract to purchase power, but rather an agreement “to advance geothermal energy development” in the state, a Meta spokesperson told TechCrunch. Recently, tech companies, data ce ...
AMD Stock: Why It's Going Up And Should Continue Going Up
Seeking Alpha· 2025-06-12 19:42
Advanced Micro Devices, Inc. (NASDAQ: AMD ) shares have rallied in the last couple months as trade war tensions have eased, AI has continued to drive demand for the company's GPU offerings, and EPYC has maintained its dominance in theTo follow me click the "Follow" button! (Easy right?) Hi there, thanks for coming to my profile page! My name is Kumquat Research (but you can call me Jeremy) and I've been writing for Seeking Alpha on and off for going on ten years now, beginning with my inaugural published pi ...
Rocket Pharmaceuticals, Inc. (RCKT) Faces Securities Class Action Amid Protocol Change and FDA's Clinical Hold on Gene Therapy Trial – Hagens Berman
GlobeNewswire News Room· 2025-06-12 19:40
SAN FRANCISCO, June 12, 2025 (GLOBE NEWSWIRE) -- A securities class action lawsuit styled Ho v. Rocket Pharmaceuticals, Inc., et al., No. 3:25-cv-10049 (D. N.J.) has been filed and seeks to represent investors who purchased or otherwise acquired Rocket Pharmaceuticals securities between February 27, 2025 and May 26, 2025. The lawsuit comes after investors saw the price of their shares in Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT) crash over 60% on May 27, 2025 as a result of the company’s announcement that ...
Tesla sues former Optimus engineer over alleged trade secret theft
TechCrunch· 2025-06-12 19:35
Core Viewpoint - Tesla has filed a lawsuit against a former engineer for allegedly stealing trade secrets related to its humanoid robotics program, Optimus, to establish a competing startup, Proception [1][2]. Group 1: Lawsuit Details - The lawsuit accuses Zhongjie "Jay" Li of downloading confidential information about Tesla's advanced robotic hand sensors onto two personal smartphones during his employment from August 2022 to September 2024 [2]. - Li reportedly conducted research on humanoid robotic hands and startup funding sources on his workplace computer in the final months of his tenure at Tesla [2]. Group 2: Proception's Development - Proception was incorporated less than a week after Li left Tesla, and within five months, it claimed to have successfully built advanced humanoid robotic hands that closely resemble the designs Li worked on at Tesla [3]. - Proception aims to revolutionize human-robot interaction by developing the world's most advanced humanoid hands, as stated on its website [3]. Group 3: Tesla's Robotics Program Status - Tesla's Optimus robotics program has faced challenges since its announcement in 2021, with delays in product introduction initially expected in 2023 [6]. - Elon Musk indicated in July 2024 that Tesla plans to start selling the robot in 2026, with demonstrations showing that the Optimus bots were primarily controlled by humans during a recent event [7].
These 24 Stocks Are Ripe for a Short Squeeze
Schaeffers Investment Research· 2025-06-12 19:11
Core Insights - Recent negative stock market sentiment has led to significant short squeezes, generating substantial returns for certain stocks [1] - A bi-weekly list of stocks that are likely to experience short squeezes has been compiled, focusing on those with high short interest and potential losses for short sellers [2] Group 1: Stocks with Significant Short Interest - Stocks identified for potential short squeezes include Hims & Hers Health Inc (NYSE:HIMS), AST SpaceMobile Inc (NASDAQ:ASTS), and NuScale Power Corp (NYSE:SMR) [3] - The table lists various stocks with their short interest percentage changes, new short interest, and estimated returns for shorts, indicating potential opportunities for investors [4] Group 2: Sector Analysis - The technology and nuclear energy sectors are highlighted as areas where short sellers are facing significant losses, suggesting potential for recovery and investment opportunities [4] - Fast-casual restaurant stocks such as Shake Shack Inc (NYSE:SHAK) and CAVA Group Inc (NYSE:CAVA) are also noted as names to watch due to their performance amidst the current market conditions [4]
Coinbase Falls To Key Level: Is Coin Stock A Buy Or Sell Now?
Investor's Business Daily· 2025-06-12 19:10
This Conservative Strategy May Be Best Option For Coinbase Stock 6/10/2025 Traders looking for a more conservative way to play Coinbase stock using options could employ a bull put spread. 6/10/2025 Traders looking for a more conservative way to play Coinbase... ...