B. Riley said Nasdaq gave the firm more time to complete its missing quarterly financial reports, keeping the broker-dealer listed on the stock exchange until it catches up on overdue filings https://t.co/FVMxIvyWo9 ...

Group 1 - Core Scientific Inc. is viewed positively by Wall Street analysts, with Cantor Fitzgerald raising its price target to $26 from $18 while maintaining an Overweight rating [1][2] - The potential acquisition by CoreWeave Inc. is a focal point, with two scenarios anticipated if the deal is rejected: either CoreWeave renegotiates or Core Scientific pursues its own high-performance computing (HPC) strategy [1][2] - B. Riley has also upgraded Core Scientific to Buy from Neutral, increasing its price target to $30 from $17, indicating a strong likelihood of shareholders voting against the acquisition [2] Group 2 - Core Scientific operates in the digital asset mining sector in the US, divided into three segments: Digital Asset Self-Mining, Digital Asset Hosted Mining, and HPC Hosting [3] - CoreWeave Inc. provides a cloud platform that supports scaling and acceleration for Generative AI, focusing on infrastructure for enterprise compute workloads [3]

B. Riley said it will ask for a hearing to keep its Nasdaq listing after the exchange turned away the firm’s request for more time to file its overdue quarterly reports https://t.co/npQEXbOOgj ...

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against CTO Realty Growth, Inc. due to allegations of misleading statements regarding the sustainability of dividends and financial practices [4][6]. Group 1: Legal Investigation - The firm is encouraging investors who suffered losses in CTO between February 18, 2021, and June 24, 2025, to discuss their legal rights [1][4]. - There is a deadline of October 7, 2025, for investors to seek the role of lead plaintiff in a federal securities class action against CTO [4][8]. Group 2: Allegations Against CTO - The complaint alleges that CTO and its executives violated federal securities laws by making false statements and failing to disclose critical financial information [6]. - Specific allegations include that CTO's dividends were less sustainable than claimed, and that deceptive practices were used to inflate its Adjusted Funds From Operations (AFFO) [6][7]. Group 3: Financial Concerns - A report by Wolfpack Research criticized CTO for not generating enough cash to cover its recurring capital expenditures and dividends since converting to a REIT in 2021 [7]. - The report highlighted that CTO increased its shares outstanding by 70% since December 2022 to cover a $38 million dividend shortfall from 2021 to 2024 [7]. - CTO's financial situation is precarious, with only $8.4 million in cash against quarterly dividends of $14 million and average recurring capital expenditures of $5.7 million [7]. Group 4: Market Reaction - Following the release of the Wolfpack Report, CTO's stock price fell by $0.98 per share, or 5.42%, closing at $17.10 per share on June 25, 2025 [8].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against CTO Realty Growth, Inc. due to allegations of misleading statements regarding the sustainability of dividends and financial practices [1][3]. Group 1: Allegations Against CTO - The complaint alleges that CTO and its executives violated federal securities laws by making false statements and failing to disclose that CTO's dividends were less sustainable than claimed [3]. - CTO is accused of using deceptive practices to inflate its Adjusted Funds From Operations (AFFO) and overstate the profitability of its Ashford Lane property [3]. - The Wolfpack Research report claims CTO has not generated enough cash to cover its recurring capital expenditures and dividends since converting to a REIT in 2021, relying instead on share dilution [4]. Group 2: Financial Impact - Following the release of the Wolfpack Report, CTO's stock price fell by $0.98, or 5.42%, closing at $17.10 per share on June 25, 2025 [5]. - The report highlighted that CTO has only $8.4 million in cash while facing quarterly dividends of $14 million and average recurring capital expenditures of $5.7 million [4]. Group 3: Legal Proceedings - Investors who suffered losses in CTO are encouraged to contact Faruqi & Faruqi to discuss their legal rights and the October 7, 2025 deadline to seek the role of lead plaintiff in a federal securities class action [1][6]. - The lead plaintiff is defined as the investor with the largest financial interest in the relief sought, who will oversee the litigation on behalf of the class [6].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against CTO Realty Growth, Inc. due to allegations of misleading statements regarding the sustainability of dividends and financial practices [4][6]. Group 1: Allegations Against CTO - The complaint alleges that CTO and its executives violated federal securities laws by making false statements and failing to disclose that CTO's dividends were less sustainable than claimed [6]. - CTO is accused of using deceptive practices to inflate its Adjusted Funds From Operations (AFFO) and overstate the profitability of its Ashford Lane property [6]. - The Wolfpack Research report claims CTO has not generated enough cash to cover its recurring capital expenditures and dividends since converting to a REIT in 2021, relying instead on share dilution [7]. Group 2: Financial Impact - Following the release of the Wolfpack Report, CTO's stock price fell by $0.98, or 5.42%, closing at $17.10 per share on June 25, 2025 [8]. - CTO faces a quarterly dividend obligation of $14 million while having only $8.4 million in cash, indicating potential financial distress [7]. Group 3: Legal Proceedings - Investors who suffered losses in CTO are encouraged to contact Faruqi & Faruqi to discuss their legal rights, with a deadline of October 7, 2025, to seek the role of lead plaintiff in the class action [4][9]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [5].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against CTO Realty Growth, Inc. due to allegations of misleading statements regarding the sustainability of dividends and financial practices, with a deadline for investors to seek lead plaintiff status by October 7, 2025 [1][3]. Group 1: Allegations Against CTO Realty Growth - The complaint alleges that CTO and its executives violated federal securities laws by making false statements and failing to disclose that CTO's dividends were less sustainable than claimed [3]. - The company reportedly used deceptive practices to inflate its Adjusted Funds From Operations (AFFO) and overstate the profitability of its Ashford Lane property [3]. - The Wolfpack Research report criticized CTO for not generating enough cash to cover its recurring capital expenditures and dividends since converting to a REIT in 2021, indicating reliance on share dilution to cover a $38 million dividend shortfall [4]. Group 2: Financial Impact and Stock Performance - Following the release of the Wolfpack Report, CTO's stock price fell by $0.98, or 5.42%, closing at $17.10 per share on June 25, 2025 [5]. - The report highlighted that CTO has only $8.4 million in cash while facing quarterly dividends of $14 million and average recurring capital expenditures of $5.7 million, suggesting imminent further dilution [4]. Group 3: Legal Proceedings and Investor Actions - Investors who suffered losses exceeding $75,000 in CTO between February 18, 2021, and June 24, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights [1]. - The firm is seeking to appoint a lead plaintiff who has the largest financial interest in the relief sought by the class, with any member able to move the court to serve as lead plaintiff [6].

Key Points D-Wave Quantum Computing stock soared by 52% last week. It opened Monday's trading session heading downward, despite winning a big price target hike from a Wall Street analyst. 10 stocks we like better than D-Wave Quantum › Point -- counterpoint. Last week, I highlighted the astounding share price rise of quantum computing company D-Wave Quantum (NYSE: QBTS), which gained a terrific 52% over the course of the week, ending with a nearly 12% rise on Friday alone. Unimpressed, I argued tha ...

B. Riley filed its overdue audited results for 2024 but said it will miss Nasdaq’s Sept. 29 deadline to file delayed quarterly reports for this year, leaving its listing by the stock exchange still in doubt https://t.co/CqRGVVjz8I ...

B. Riley, whose investors are still awaiting last year’s audited results, said the report will cite 10 weaknesses in its controls ranging from technology to how it valued investments https://t.co/LSSmZDRmUO ...