Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of PubMatic, Inc. regarding a class action lawsuit due to allegations of misleading statements and undisclosed information that negatively impacted the company's stock value during a specified period [1]. Group 1: Allegations and Impact - The complaint alleges that during the class period from February 27, 2025, to August 11, 2025, PubMatic's defendants made materially false and misleading statements [1]. - A significant demand side platform buyer shifted clients to a new platform, leading to a reduction in ad spend and revenue for PubMatic [1]. - The misleading statements about the company's business and prospects lacked a reasonable basis due to the aforementioned issues [1]. Group 2: Class Action Details - Shareholders who purchased shares of PUBM during the specified class period are encouraged to register for the class action, with a deadline of October 20, 2025, to seek lead plaintiff status [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [2]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit, fraud, and illegal business practices, ensuring companies adhere to responsible business practices [3].

Core Viewpoint - Alphabet's Google is preparing to contest a potential forced sale of part of its online advertising business in an upcoming antitrust trial in Alexandria, Virginia [1] Group 1 - The trial is set to begin on Monday, indicating a significant legal challenge for Google as it faces U.S. antitrust enforcers [1] - The outcome of this trial could have major implications for Google's advertising operations and overall business strategy [1] - Google aims to avoid divesting any part of its advertising business, which is a critical revenue stream for the company [1]

Group 1 - Amazon.com, Inc. (NASDAQ:AMZN) is currently considered one of the best fundamental stocks to buy, with Morgan Stanley reaffirming its Overweight rating and a $300 price target due to its entry into the fresh grocery sector [1][2] - Morgan Stanley estimates that Amazon's U.S. gross merchandise value could increase by approximately 120 basis points for every 1% market share gained in the fresh grocery sector [1] - The company has established the necessary logistics infrastructure to support its grocery growth, which is expected to enhance earnings before interest and taxes (EBIT) [2] Group 2 - Amazon operates in multiple industries, including e-commerce, cloud computing through Amazon Web Services (AWS), online advertising, digital streaming, and artificial intelligence [3]

Core Viewpoint - A class action securities lawsuit has been filed against PubMatic, Inc. alleging securities fraud that negatively impacted investors between February 27, 2025, and August 11, 2025 [1][2]. Group 1: Lawsuit Details - The complaint claims that PubMatic's management made false statements and concealed critical information regarding a major demand side platform buyer shifting clients to a new platform, leading to reduced ad spend and revenue for PubMatic [2]. - The lawsuit asserts that the positive statements made by the defendants about PubMatic's business and prospects were materially misleading and lacked a reasonable basis due to the aforementioned issues [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until October 20, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and there is no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the United States [4].

Tech Sector Developments - OpenAI is planning a $100 billion investment to build backup servers, referred to as the "Stargate" project, aimed at enhancing AI infrastructure with millions of specialized server chips, potentially involving Microsoft [2][8] - SoftBank Vision Fund is restructuring and cutting 20% of its global workforce, affecting approximately 50 to 60 employees, as it shifts focus towards high-stakes AI investments despite reporting its strongest quarterly performance since mid-2021 [3][8] - Google is appealing a court ruling that found it illegally monopolized parts of the online advertising technology market, while also advocating for reforms in the patent system to maintain its leadership in AI [4][8] Market Performance - U.S. stock markets opened higher, with the Dow Jones Industrial Average up 101.07 points (0.22%) at 46,243.49, the S&P 500 up 19.12 points (0.29%) at 6,651.08, and the Nasdaq Composite up 92.67 points (0.41%) at 22,563.40 [5][8] Global Economic Insights - Italy's Economy Minister expressed concerns about a strong Euro being a burden on EU exports and indicated that the government would carefully assess any EU proposal to utilize frozen Russian assets, considering legal limits [6][8] Corporate News - Johnson & Johnson received a favorable evaluation for its drug Nipocalimab from a European regulatory body, marking a significant step forward for the treatment of generalized myasthenia gravis [9]

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of PubMatic, Inc. regarding a class action lawsuit due to alleged misleading statements and omissions that affected the company's stock value during a specified period [1][3]. Group 1: Class Action Details - The class period for the lawsuit is from February 27, 2025, to August 11, 2025 [3]. - Allegations include that a major demand side platform buyer shifted clients to a new platform, leading to reduced ad spend and revenue for PubMatic [3]. - The lawsuit claims that the defendants made materially false and misleading statements about the company's business and prospects, lacking a reasonable basis [3]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action by the deadline of October 20, 2025, to potentially be appointed as lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [4]. - Participation in the case incurs no cost or obligation for the shareholders [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].

Accessibility StatementSkip Navigation NEW YORK, Sept. 18, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of PubMatic, Inc. (NASDAQ: PUBM). Shareholders who purchased shares of PUBM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/pubmatic-inc-loss-submission-form/?id=167813&f ...

Core Viewpoint - Netflix has experienced stagnation in its stock price despite strong earnings and a new advertising partnership with Amazon, which could serve as a catalyst for future growth [2][7]. Group 1: Financial Performance - Netflix reported $11.08 billion in revenue for Q2, reflecting a nearly 16% year-over-year growth [10]. - The company raised its full-year revenue guidance to a range of $44.8 billion to $45.2 billion, with an operating margin target of 30% [10]. - Analysts project that Netflix's ad revenue will double its 2024 output, driven by the new deal with Amazon [10]. Group 2: Advertising Strategy - Netflix's partnership with Amazon's Demand-Side Platform (DSP) allows it to tap into the advertising revenue stream, traditionally dominated by cable companies [3][4]. - The ad-supported tier of Netflix has reached 94 million members, providing a substantial audience for advertisers [4]. - The Connected TV (CTV) ad market is projected to be worth $25 billion by 2025, positioning Netflix favorably within this lucrative sector [6]. Group 3: Future Catalysts - The upcoming Q3 earnings report, scheduled for October 21, is anticipated to build on the strong results from previous quarters [9]. - Netflix plans to enhance its programming slate in Q4, including high-profile events and popular shows, which could attract more advertising clients [12][13]. - Analysts at Needham and Company have reiterated a Buy rating on NFLX shares, with a price target of $1,500, indicating potential upside from current levels [6].

Market Overview - Major U.S. indices closed in the green, with the S&P 500 reaching a record high, up approximately 0.5% to 6615, and the Nasdaq composite increasing by about 200 points, or nearly 1% [6][12] - The Dow Jones Industrial Average added about 50 points, or 0.1%, while the Russell 2000 rose by approximately 0.3% [6] Sector Performance - Technology and communication services sectors showed strong performance, contributing to the overall gains in the market [7][12] - Consumer staples and healthcare sectors experienced declines, with consumer staples down more than 1% [8] Notable Company Movements - Tesla emerged as a top gainer in both the S&P and Nasdaq 100, with shares rising as much as 7.5% during the session, ultimately closing with a gain of about 3.6% [10] - Alphabet also performed well, joining the $3 trillion market cap club, with a notable increase of about 4.5% in the session [12] - Citi raised its price target for Alphabet from $225 to $280, citing a healthy online advertising market despite competition in its search business [13] Decliners - Corteva was the worst performer in the S&P 500, down 5.7%, amid speculation of a potential breakup of its seed and pesticide businesses [16][17] - Hain Celestial saw a significant drop of 25% after reporting a 13% decline in sales and providing disappointing guidance for the first quarter [18][19] Corporate Transactions - VF Corporation announced the sale of its Dickies brand to Bluestar Alliance for $600 million, aiming to reduce its net debt [22] - Disney acquired a 2% stake in Web Toon Entertainment, leading to a 34% increase in Web Toon shares in after-hours trading [29][30]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased PubMatic, Inc. securities during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The class period for the lawsuit is from February 27, 2025, to August 11, 2025, and the lead plaintiff deadline is October 20, 2025 [1]. - Investors 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 can join by contacting Rosen Law Firm [2][5]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3]. - The firm has achieved significant settlements in the past, including the largest securities class action settlement against a Chinese company at the time [3]. - In 2019, Rosen Law Firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [3]. Group 3: Case Allegations - The lawsuit alleges that PubMatic made false and misleading statements regarding its business operations, particularly concerning a major demand side platform buyer shifting clients to a new platform [4]. - This shift resulted in a reduction of ad spend and revenue for PubMatic, contradicting the positive statements made by the company [4]. - The lawsuit claims that when the true details were revealed, investors suffered damages due to the misleading information [4].