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This BlackRock stock slapped with brutal $0.01 price target by Wall Street
Finbold· 2025-06-17 14:01
Residential solar firm Sunrun (NASDAQ: RUN), part of BlackRock’s (NYSE: BLK) portfolio, has been hit with a devastating Wall Street downgrade that effectively renders the stock worthless.Specifically, GLJ Research slashed its rating to ‘Sell’ and set a price target of $0.01, implying a staggering 99% drop from its last closing price of $9.64. By press time, RUN was trading at $5.58, down 42% for the day. RUN one-day stock price. Source: Google FinanceWhy RUN stock was downgradedThe downgrade follows the int ...
Reddit vs. Nextdoor: Which Social Network Stock Has the Edge?
ZACKS· 2025-06-17 14:01
Key Takeaways RDDT revenues jumped 61% to $392.4M in Q1 2025, driven by higher ad spend and strong user growth. Daily active uniques on Reddit rose 31% year over year to 108.1M, with mobile usage up 45%. KIND posted 2% revenue growth to $54M as weekly active users increased 6% to 46.1M.Reddit (RDDT) and Nextdoor (KIND) operate community-driven social platforms, offering investors exposure to both global and localized engagement. RDDT facilitates interest-based conversations across diverse subject matter, ...
Ouster Is The Best Pure Play On AI's Real-World Expansion
Seeking Alpha· 2025-06-17 14:01
At PropNotes, we focus on finding high-yield investment opportunities for individual investors.With our background in professional Prop Trading, we make complex concepts easy to understand and offer clear, actionable insights to help you achieve better returns.All of the analysis we produce is designed to help you make smart decisions in the market, backed by expert research you won't find anywhere else.Follow us today and take control of your portfolio.Analyst’s Disclosure:I/we have a beneficial long posit ...
Verdagy Announces CEO Transition to Lead Company's Next Phase of Growth
Prnewswire· 2025-06-17 14:01
President of Verdagy, Rahul Bammi appointed CEOMOSS LANDING, Calif., June 17, 2025 /PRNewswire/ -- Verdagy, a leading green hydrogen electrolysis company, today announced a strategic leadership transition to accelerate its commercial expansion. After leading Verdagy as CEO for four years, Marty Neese is leaving to join Ballard Power Systems (NASDAQ:BLDP; TSX:BLDP) as CEO. Rahul Bammi, Verdagy's President since 2023, will succeed Neese as CEO."I am grateful to have led Verdagy from its spin-out origins to it ...
GM unveils quickest Corvette ever with ZR1X 'hypercar' going 0-60 mph in less than two seconds
CNBC· 2025-06-17 14:00
Core Insights - General Motors is expanding its Corvette lineup with the introduction of the 2026 Chevrolet Corvette ZR1X, a high-performance hybrid variant of the Corvette [1][2] - The Corvette ZR1X features a twin-turbo V-8 engine and incorporates electrification technologies for improved acceleration [2][3] - The vehicle is positioned as a "hypercar," boasting a top speed of 233 mph and a 0-60 mph time of under two seconds, with a total output of 1,064 horsepower [3][4] Performance Specifications - The Corvette ZR1X is equipped with an LT7 twin-turbo V-8 engine, delivering 1,064 horsepower and 828 foot-pounds of torque [3] - An electric axle contributes an additional 186 horsepower and 145 foot-pounds of torque, making the vehicle all-wheel drive [3][4] - The combination of performance features aims to enhance the driving experience, drawing from learnings of previous models [4] Market Positioning - The introduction of the ZR1X expands the Corvette lineup to five models, the broadest range since its inception in 1953 [4] - The pricing strategy includes a starting price around $70,000 for the base model, with the ZR1 potentially exceeding $200,000 [4][5] - GM has indicated that the Corvette remains a highly profitable vehicle for the company, reinforcing its position in the performance market [5] Future Developments - GM has plans for an all-electric Corvette, although the timeline and status of these plans remain uncertain due to slower EV adoption rates [5] - Consideration for a Corvette SUV has also been ongoing for several years [5] - Pricing details for the ZR1X will be announced closer to its dealership availability later this year [5][6]
Homebuilder sentiment nears pandemic low as economic uncertainty plagues consumers
CNBC· 2025-06-17 14:00
Homes under construction at the Toll Brothers Preserve at Folsom Ranch community in Folsom, California, US, on Thursday, March 6, 2025. THigher mortgage rates and uncertainty in the broader economy continue to weigh on consumers — and consequently on the nation's homebuilders.Builder sentiment in June dropped 2 points from May to 32 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Anything below 50 is considered negative. The index stood at 43 in June 2024. Analyst ...
Pomerantz Law Firm Announces the Filing of a Class Action Against Civitas Resources, Inc. and Certain Officers - CIVI
Prnewswire· 2025-06-17 14:00
NEW YORK, June 17, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Civitas Resources, Inc. ("Civitas" or the "Company") (NYSE: CIVI) and certain officers.  The class action, filed in the United States District Court for the District of New Jersey, and docketed under 25-cv- 03791, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Civitas securities between February 27, 2024 and February 24, ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of United Natural Foods, Inc. - UNFI
Prnewswire· 2025-06-17 14:00
NEW YORK, June 17, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of United Natural Foods, Inc. ("United Natural" or the "Company") (NYSE: UNFI).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.  The investigation concerns whether United Natural and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action]O ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Vera Bradley, Inc. - VRA
Prnewswire· 2025-06-17 14:00
NEW YORK, June 17, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Vera Bradley, Inc. ("Vera Bradley" or the "Company") (NASDAQ: VRA).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.  The investigation concerns whether Vera Bradley and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action]On June 11, ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sable Offshore Corp. - SOC
Prnewswire· 2025-06-17 14:00
NEW YORK, June 17, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Sable Offshore Corp. ("Sable" or the "Company") (NYSE: SOC).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.  The investigation concerns whether Sable and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action]On May 19, 2025, Sable ann ...