BrightSpring Soars to All-Time High on Quality Strength: Still a Buy?
ZACKS· 2025-06-10 20:01
Key Takeaways BrightSpring soared 120% year over year, far outperforming AMED, OPCH, and the Medical sector. BTSG posted Q1 revenue and EPS growth of 14% and 111%, respectively, beating estimates on both fronts. BTSG's Home Health now has 80% of branches rated 4 stars or higher, with broad quality gains across services.BrightSpring Health Services (BTSG) reached an all-time high of $25.57 on June 9, marking a meteoric 120% stock surge over the past year and in sharp contrast to the declines across the bro ...
Is IonQ a Better Quantum Computing Stock to Buy Than D-Wave?
ZACKS· 2025-06-10 20:01
Core Insights - The stock market experienced volatility, but quantum computing stocks, particularly the Defiance Quantum ETF (QTUM), achieved significant returns, outperforming the S&P 500 by 42% compared to 12.3% [1][9] - IonQ, Inc. and D-Wave Quantum Inc. were major contributors to QTUM's gains, with IonQ rising by 409.7% and D-Wave Quantum by 1,447.4% over the past year [1][9] IonQ Analysis - IonQ reported first-quarter revenues of $7.6 million, unchanged from the previous year, but projects full-year revenues to double to between $75 million and $95 million in 2024 following the acquisition of Lightsynq [2][9] - The company narrowed its first-quarter non-GAAP loss to $0.14 per share from $0.19 a year ago, indicating progress towards profitability [3] - IonQ's unique linear ion chains technology allows it to surpass 100 qubits and reduce errors, enhancing its competitive position [3] - IonQ has established a growing customer base, including notable clients like AstraZeneca and ANSYS [3] D-Wave Quantum Analysis - D-Wave Quantum's first-quarter revenues surged to $15 million, marking a 509% increase year-over-year, and the company ended the quarter with $304.3 million in cash [4][9] - The revenue growth is attributed to heightened interest in its technology, particularly the Advantage2 quantum computer, which can solve complex problems significantly faster than traditional supercomputers [5][6] - D-Wave Quantum is also on a path to profitability, having met customer obligations and reduced liabilities [4] Comparative Insights - Both IonQ and D-Wave Quantum are progressing towards profitability, with IonQ focusing on ion trap architecture and D-Wave on quantum annealing [7] - IonQ holds a larger intellectual property portfolio with 950 patents, bolstering its market position [10] - IonQ's price-to-sales (P/S) ratio is 212.84, which is lower than D-Wave Quantum's P/S ratio of 240.66, indicating a relatively more attractive valuation [11] Market Outlook - IonQ's CEO expresses optimism about the company's potential to lead the quantum computing field, drawing comparisons to NVIDIA [15] - The practical applications of quantum computing remain limited, suggesting that investments in this sector carry inherent risks [8]
lllumina releases 2024 Corporate Social Responsibility Report as it advances its vision to unlock the power of genomics
Prnewswire· 2025-06-10 20:01
SAN DIEGO, June 10, 2025 /PRNewswire/ -- Illumina Inc. (NASDAQ: ILMN), aligned with its commitments to advance the power of genomics, today published its annual Corporate Social Responsibility (CSR) Report. The report spotlights the ways Illumina is making precision health more accessible than ever before, and its ongoing work to empower people and communities, embed sustainability across its business, operate responsibly, and lead with integrity. Illumina today launched its 2024 CSR Report highlighting ...
Karat Packaging Inc. Announces Proposed Secondary Offering of Common Stock
Globenewswire· 2025-06-10 20:01
Core Viewpoint - Karat Packaging Inc. has announced a proposed underwritten public offering of 1,500,000 shares of its common stock by certain members of the management team, with an additional option for the underwriter to purchase up to 225,000 shares [1][2]. Company Overview - Karat Packaging Inc. is a specialty distributor and manufacturer of disposable foodservice products, including food containers, bags, tableware, cups, lids, cutlery, straws, and eco-friendly products under the Karat Earthline brand [5]. - The company primarily serves national and regional restaurants and foodservice settings across the United States, offering customized solutions such as product development, design, printing, and logistics services [5]. Offering Details - The offering is being made under a shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) on March 21, 2025, and declared effective on March 28, 2025 [3]. - The company will not receive any proceeds from the sale of shares by the Selling Stockholders [2]. - BofA Securities and William Blair & Company are acting as the joint lead book-runners for the offering [2]. Legal and Compliance - The press release clarifies that it does not constitute an offer to sell or a solicitation of an offer to buy these securities in any jurisdiction where such offer would be unlawful [4].
Celldex Announces Upcoming Presentations of Barzolvolimab Phase 2 Data in Chronic Spontaneous Urticaria at EAACI 2025 Congress
GlobeNewswire· 2025-06-10 20:01
Company to host webcast on Thursday, June 12 at 6:00 pm ETHAMPTON, N.J., June 10, 2025 (GLOBE NEWSWIRE) -- Celldex (NASDAQ:CLDX) announced today that data from the Company’s Phase 2 study of barzolvolimab in chronic spontaneous urticaria will be presented at the EAACI Congress 2025 being held in Glasgow, Scotland. Abstracts will be available on the meeting website Thursday, June 12th at 6:01 pm ET/ Friday, June 13th at 12:01 am CEST. Celldex will host a webcast on Thursday, June 12th at 6:00 pm ET to discus ...
XPro™ Reduces Amyloid and Enhances Behavior Post Traumatic Brain Injury in an Animal Model of Alzheimer’s Disease: Supported by Department of Defense
Globenewswire· 2025-06-10 20:00
XPro™ Treatment Post-TBI Prevents Short- and Long-Term Alzheimer’s-like Pathology in transgenic mice Boca Raton, Florida, June 10, 2025 (GLOBE NEWSWIRE) -- INmune Bio, Inc. (NASDAQ: INMB) (the “Company”), a clinical-stage inflammation and immunology company focused on developing treatments that harness the patient’s innate immune system to fight disease is collaborating with Kirsty Dixon PhD, Assoc Prof. of Surgery at Virginia Commonwealth University in Richmond, Virginia on the interaction of TBI and AD. ...
Inventiva Announces the Appointment of Renée Aguiar-Lucander to its Board of Directors
Globenewswire· 2025-06-10 20:00
Daix (France), New York City (New York, United States), June 10, 2025 – Inventiva (Euronext Paris and Nasdaq: IVA) (“Inventiva” or the “Company”), a clinical-stage biopharmaceutical company focused on the development of oral therapies for the treatment of metabolic dysfunction-associated steatohepatitis (“MASH”), today announced the appointment of Renée Aguiar-Lucander to its Board of Directors. The appointment was approved by shareholders at the recent Company’s Annual General Meeting. Mark Pruzanski, Chai ...
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Vestis Corporation (VSTS)
GlobeNewswire News Room· 2025-06-10 19:59
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired Vestis Corporation (“Vestis” or the “Company”) (NYSE: VSTS) securities between May 2, 2024 and May 6, 2025, both dates inclusive (the “Class Period”). The Complaint alleges that Defendants created the false impression that they pos ...
Finding the Best Momentum Stocks to Buy Now
ZACKS· 2025-06-10 19:55
The stock market has chugged higher to begin June as Wall Street bulls attempt to push the S&P 500 and the Nasdaq back to their all-time highs and beyond.Wall Street is cheering cooling trade war tensions, lower inflation, and strong earnings results and guidance, boosted by tech growth and artificial intelligence spending.That said, the bulls might have a hard time sending the market to all-time highs until the start of the second quarter earnings season in the middle of July, barring any major trade war u ...
I'm Buying Up To 10% Yields For Recurring Income
Seeking Alpha· 2025-06-10 19:50
Group 1 - iREIT+HOYA Capital focuses on income-producing asset classes that provide sustainable portfolio income, diversification, and inflation hedging [1] - The service offers a free two-week trial for potential investors to explore exclusive income-focused portfolios [1] Group 2 - ROI (return on investment) is a common metric for measuring investment success, calculated by appreciation in value plus income received divided by the original investment principal [2] - The article emphasizes a defensive investment strategy with a medium- to long-term horizon [2]