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PETCO IMPORTANT DEADLINE: ROSEN, LEADING INVESTOR COUNSEL, Encourages Petco Health and Wellness Company, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important August 29 Deadline in Securities Class Action – WOOF
GlobeNewswire News Room· 2025-08-22 01:11
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Petco Health and Wellness Company, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on August 29, 2025 [1] Group 1: Class Action Details - Investors who purchased Petco securities between January 14, 2021, and June 5, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by the deadline [3] - The lawsuit alleges that Petco made false and misleading statements regarding its business model and the sustainability of its pandemic-related growth [5] Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions [4] - The firm has achieved significant settlements for investors, including over $438 million in 2019 alone, and has been recognized for its success in this area [4] Group 3: Case Allegations - The lawsuit claims that Petco's pandemic-related growth was overstated and that the company downplayed the severity of issues affecting its business model [5] - It is alleged that Petco's public statements were materially false and misleading, leading to investor damages when the true situation was revealed [5]
OpenAI lawyers question Meta's role in Elon Musk's $97B takeover bid
TechCrunch· 2025-08-22 00:31
Core Points - OpenAI is seeking evidence from Meta regarding any coordination with Elon Musk and xAI related to a potential acquisition or investment in OpenAI [1][2] - OpenAI's legal team has subpoenaed Meta for documents concerning Musk's $97 billion bid to take over OpenAI, which was made in February [1][2] - Meta has invested significantly in AI development, including hiring key researchers from OpenAI and investing $14 billion in Scale AI [3] Group 1 - OpenAI's lawyers claim that Musk communicated with Meta's CEO Mark Zuckerberg about financing arrangements for xAI's bid to purchase OpenAI [2] - Meta has objected to OpenAI's subpoena and argues that Musk and xAI can provide relevant information instead [4] - OpenAI is also requesting documents related to any restructuring or recapitalization of the company, which is central to Musk's lawsuit [2] Group 2 - Meta has been actively developing its own AI models and has poached several leading AI researchers from OpenAI [3] - The ongoing legal battle highlights the competitive landscape in the AI sector, with major players like Meta and Musk's xAI vying for dominance [3][4] - The situation is evolving, and further updates are expected as the legal proceedings continue [4]
Workday, Inc. (WDAY) Q2 2026 Earnings Conference Call Transcript
Seeking Alpha· 2025-08-22 00:24
Company Participants - The earnings call features key executives including Carl M. Eschenbach (CEO & Director), Gerrit Kazmaier (President of Product & Technology), Justin Allen Furby (Vice President of Investor Relations), and Zane C. Rowe (Chief Financial Officer) [1] Conference Call Overview - The call is part of Workday's Second Quarter Fiscal Year 2026 Earnings Conference, indicating a focus on financial performance and strategic direction [2][3] - The call is being webcasted live, allowing for broader access to stakeholders and investors [3] Forward-Looking Statements - The company emphasizes that some statements made during the call, particularly regarding guidance, are forward-looking and based on current information, which may be subject to risks and uncertainties [4]
ROSEN, A LONGSTANDING LAW FIRM, Encourages Alto Neuroscience, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - ANRO
GlobeNewswire News Room· 2025-08-22 00:22
Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of Alto Neuroscience, Inc. during the IPO and the subsequent class period about the upcoming lead plaintiff deadline for a class action lawsuit [1][5]. Group 1: Class Action Details - Investors who purchased Alto securities may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by September 19, 2025 [3]. - The lawsuit claims that throughout the class period, defendants made materially false and misleading statements regarding Alto's business and prospects, particularly concerning the effectiveness of ALTO-100 in treating major depressive disorder [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [4]. - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, and many attorneys at the firm have received accolades from Lawdragon and Super Lawyers [4].
Google scores six-year Meta cloud deal worth over $10 billion
CNBC· 2025-08-22 00:06
Core Insights - Meta has agreed to spend over $10 billion on Google cloud services over a six-year period, focusing on artificial intelligence infrastructure [1][4] - Google is actively pursuing large cloud contracts to compete with Amazon Web Services and Microsoft Azure, having recently secured business from OpenAI [2] - Google Cloud unit reported $2.83 billion in operating income on $13.6 billion in revenue for Q2, with a revenue growth of 32% [3] Company Strategies - Meta is heavily investing in AI infrastructure and talent, with total expenses expected to be between $114 billion and $118 billion in 2025 [4] - The partnership with Google indicates Meta's need for extensive cloud infrastructure, as it also utilizes services from Amazon and Microsoft [5] - Despite being rivals in online advertising, the collaboration highlights the necessity for Meta to enhance its cloud capabilities [5]
ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Flywire Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLYW
GlobeNewswire News Room· 2025-08-22 00:03
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Flywire Corporation securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who purchased Flywire securities between February 28, 2024, and February 25, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by September 23, 2025 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Allegations - The lawsuit alleges that throughout the Class Period, Flywire's defendants made false and misleading statements regarding the sustainability of the company's revenue growth and the impact of permit and visa-related restrictions on its business [5]. - The lawsuit claims that these misleading statements resulted in investor damages when the true details about Flywire's business performance became public [5].
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against PubMatic, Inc. (PUBM)
GlobeNewswire News Room· 2025-08-22 00:00
Core Viewpoint - A securities class action lawsuit has been filed against PubMatic, Inc. for failing to disclose significant changes affecting its business operations and financial outlook during the class period from February 27, 2025, to August 11, 2025 [1][2]. Group 1: Allegations and Impact - The complaint alleges that PubMatic did not inform investors about a major demand-side platform (DSP) buyer shifting clients to a new platform, which evaluates inventory differently, leading to reduced ad spend and revenue [2]. - As a result of these undisclosed issues, the positive statements made by the company regarding its business and prospects were misleading and lacked a reasonable basis [2]. - Following the release of the second quarter 2025 financial report, which acknowledged a reduction in ad spend from a top DSP partner, the company's stock price dropped by $2.23, or 21.1%, closing at $8.34 per share on August 12, 2025 [3][4]. Group 2: Legal Proceedings - Investors who purchased shares of PubMatic during the class period are encouraged to contact the law firm Gainey McKenna & Egleston before the lead plaintiff motion deadline on October 20, 2025 [5]. - The lead plaintiff will represent the interests of other class members in the litigation process [5].
Guardian Announces Issuance of Shares to Retire Debt
Thenewswire· 2025-08-21 23:55
Core Points - Guardian Exploration Inc. has issued 200,000 common shares at a deemed price of $0.115 per share to retire $23,000 of indebtedness to an arm's length contractor [1] - The completion of the debt settlement was subject to conditional approval from the TSX Venture Exchange, which has been obtained [1] - All shares issued in connection with the debt settlement are subject to a statutory four-month hold period in accordance with applicable securities laws [2] Company Overview - Guardian Exploration Inc. is a TSXV listed company engaged in oil and gas as well as mineral exploration and development [3] - The company's prospects include the Mount Cameron Property in the Yukon's Mayo Mining District, mineral claims on southern Dall Island in Southeast Alaska known as the Kaigani claims, and the Sundog and Esker gold projects located in the Kivalliq Region, Nunavut [3]
ROSEN, A LEADING LAW FIRM, Encourages Centene Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – CNC
GlobeNewswire News Room· 2025-08-21 23:47
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Centene Corporation securities between December 12, 2024, and June 30, 2025, of the September 8, 2025, deadline to become lead plaintiffs in a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Centene securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court by September 8, 2025, to serve as lead plaintiff [2]. - The lawsuit alleges that Centene's management provided misleading information regarding the company's revenue guidance and earnings per share for the 2025 fiscal year, while concealing adverse facts about enrollment and morbidity rates [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [3]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [3].
Former Walmart U.S. CEO Bill Simon questions stock drop: 'It was about as good of a quarter as any retailer could have in any environment'
CNBC· 2025-08-21 23:37
Group 1 - Walmart's former U.S. CEO Bill Simon finds the recent 4.5% stock drop surprising despite the company raising its full-year sales and earnings forecast, indicating strong performance [1][2] - Simon emphasizes Walmart's ability to attract customers with lower prices while managing tariff impacts, viewing this as a significant competitive advantage [1][2] - The stock decline may be attributed to Walmart's first earnings miss in over three years, primarily due to one-time expenses like restructuring costs, which Simon believes do not indicate a systemic issue [3] Group 2 - Simon notes that Walmart's decision to raise guidance despite tariff challenges is a positive sign for investors, suggesting that there is no significant tariff impact on the business [2][3] - He highlights the ongoing appeal of Walmart's low prices and convenience, asserting that if the company can maintain its revenue growth, it will continue to be a formidable player in the market [4] - Year-to-date, Walmart shares have increased by 8%, although they remain approximately 7% below the record high reached on February 14 [4]