Nike is facing a federal probe over allegations that its DEI targets led to discrimination against white workers. The Equal Employment Opportunity Commission said Wednesday that it has asked a federal judge to require Nike to provide information for its investigation into alleged racial discrimination. The sportswear giant is accused of intentional systemic discrimination against white employees, with some requests for information dating back to 2018.A Nike spokesperson called the filing a "surprising and ...

Technology giant Qualcomm Inc (NASDAQ:QCOM) reported first-quarter financial results on Wednesday after market close.Here are the key highlights.Qualcomm Q1 EarningsQualcomm reported record quarterly revenue with first-quarter total revenue of $12.25 billion, up 5% year-over-year. The revenue beat a Street consensus estimate of $12.18 billion according to data from Benzinga Pro.QCT revenue was a record $10.61 billion in the quarter, up 5% year-over-year. QTL revenue was $1.59 billion in the quarter, up 4% y ...

Shares of E.l.f. Beauty surged roughly 15% Wednesday after the company reported a huge earnings beat and raised its guidance for the fiscal year.Here's what the company reported for the third fiscal quarter, compared with analyst estimates from LSEG:Earnings per share: $1.24 adjusted vs. 72 cents expectedRevenue: $490 million vs. $460 million expectedE.l.f. said net sales increased 38% to $489.5 million, from $355 million in the same period a year ago, driven by growth across the globe and across its retail ...

The U.S. stock market slipped under the weight of sinking technology stocksBy The Associated PressThe U.S. stock market slipped under the weight of sinking technology stocks.The S & P 500 dipped 0.5% Wednesday, its fifth drop in the last six days. The Dow Jones Industrial Average added 0.5%, and the Nasdaq composite fell 1.5%. Most stocks within the S & P 500 rose, but the index sank as Advanced Micro Devices and other influential tech stocks fell. AMD dropped even though the chip company reported a stronge ...

BOSTON, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Wealthfront Corp. (Nasdaq: WLTH) for potential securities law violations. Investors who have lost money in their Wealthfront Corp. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/wlth. What is this all about? Shares of Wealthfront fell more than 15% on January 13, after the company reported $208 million in net deposit outflows, down fro ...

All-stock transaction brings Tempest a portfolio of next-generation CAR-T assets, including TPST-2003, a clinical-stage dual-targeting CD-19/BCMA CAR-T with strategic partner-funded BLA filing in China planned for 2027Operational runway extended to mid-2027, supporting multiple potential value-generating milestonesMatt Angel, Ph.D., joins Tempest as President and CEOPreviously announced transaction closed following stockholder approval of share issuance at the 2025 Annual Meeting on January 27, 2026 BRISBAN ...

TORONTO, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Argo Corporation (TSXV: ARGH), (OTCQX: ARGHF) ("Argo" or the "Company"), a leader in next-generation transit solutions, has closed its previously announced $1,500,000 secured loan (the "Loan") and extended the previously announced non-brokered private placement offering of up to 21,250,000 common shares ("Common Shares") of the Company at a price of $0.40 per Common Share, for proceeds of up to $8,500,000 pursuant to a non-brokered private placement (the "Offering" ...

ContactsAdam McCall [adam@bfalaw.com] 212.789.3619Get RSS Feed## PFSI BREAKING INVESTIGATION: BFA Law Launches Investigation into PennyMac Financial Services, Inc. for Securities Fraud -- Investors with Losses Notified to Contact the FirmNEW YORK--([BUSINESS WIRE])--BFA Law Launches Investigation into PennyMac Financial Services, Inc. for Securities Fraud -- Investors with Losses Notified to Contact the Firm...## CVNA INVESTIGATION NEWS: Carvana Co. Short Seller Report Triggers Securities Fraud Investigatio ...

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Alphabet (NASDAQ: GOOGL) shares experienced a rare post-earnings "hiccup†on Wednesday, as investors grappled with a massive spike in projected capital expenditures and a slight miss in YouTube advert... ...