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INVESTOR ALERT: Navan, Inc. Investors with Substantial Losses Have Opportunity to Lead the Navan Class Action Lawsuit – RGRD Law
Globenewswire· 2026-02-23 21:59
Core Viewpoint - The Navan class action lawsuit alleges that Navan, Inc. and its executives misled investors regarding the company's financial health and future expenses during its IPO, leading to significant stock price declines after the IPO [1][3][4]. Company Overview - Navan, Inc. operates an AI-powered software platform aimed at simplifying travel and expense management for users, customers, and suppliers [2]. IPO Details - Navan conducted its IPO on October 31, 2025, issuing nearly 37 million shares at an offering price of $25.00 per share [2]. Allegations of Misleading Information - The lawsuit claims that the IPO offering documents were materially false or misleading, particularly regarding a 39% increase in sales and marketing expenses shortly after the IPO, which was necessary to sustain revenue growth [3]. Financial Impact - On December 15, 2025, Navan reported a significant increase in sales and marketing expenses to nearly $95 million, up from $68.5 million in the previous quarter, which contributed to a nearly 12% drop in stock price following the announcement [4]. - By the time the lawsuit commenced, Navan's stock price had fallen to as low as $9.20 per share, representing a decline of nearly 63% from the IPO price [5]. Legal Process - The Private Securities Litigation Reform Act of 1995 allows investors who purchased Navan common stock during the IPO to seek appointment as lead plaintiff in the class action lawsuit, representing the interests of all class members [6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder rights litigation, having recovered over $916 million for investors in 2025 alone, marking its fourth 1 ranking in the past five years [7].
Stocks Fall as Software Weakness, Tariff Risks Weigh | Closing Bell
Youtube· 2026-02-23 21:41
And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Cristina Aquino here to take you through to that closing bell. It's a global simulcast.Carol Massar joins us from the radio room. Emily Graffeo by our side to understand Avec and Katie Greifeld have the day off. Welcome to our audiences across all of our Bloomberg platforms, television, radio and our partnership with You Tube on a monday that I think a lot of investors Carol Massar would like to forget.Yeah, exact ...
Stocks Finish Sharply Lower on Trade Uncertainty and AI-Disruption Fears
Yahoo Finance· 2026-02-23 21:36
The market’s focus this week will be on corporate earnings results and economic news. On Tuesday, the Conference Board’s Feb consumer confidence index is expected to climb +2.5 to 87.0. Tuesday evening, President Trump delivers his State of the Union address. On Wednesday, Nvidia releases its earnings results after the close. On Thursday, initial weekly unemployment claims are expected to climb by +10,000 to 216,000. On Friday, the Feb MNI Chicago PMI is expected to slip -1.8 to 52.2.Fed Governor Christophe ...
Something Rare Is Happening In Emerging Markets – And You Are Still Missing It - iShares MSCI Emerging Index Fund (ARCA:EEM), iShares MSCI Peru and Global Exposure ETF (ARCA:EPU)
Benzinga· 2026-02-23 21:06
While U.S. software stocks wobble under the weight of AI disruption and the S&P 500 grinds sideways, something quite rare is unfolding beneath the surface of global markets.Emerging markets are quietly having a moment we haven't seen in decades.The iShares MSCI Emerging Markets ETF (NYSE:EEM) has just posted nine consecutive weekly gains — its longest winning streak since 2005, the peak of the last major emerging market leadership cycle. A 10-week winning streak — which could be achieved by the end of this ...
Stock market today: Dow drops 800 points as S&P 500, Nasdaq slide on Trump tariff fears, AI 'scare trade'
Yahoo Finance· 2026-02-23 21:02
US stocks retreated on Monday as investors grappled with the fallout from the Supreme Court's rebuff of President Trump's most sweeping tariffs, while AI disruption fears gripped markets once again. The Dow Jones Industrial Average (^DJI) led the way down, losing roughly 1.7%, or over 800 points. Meanwhile, the S&P 500 (^GSPC) and the tech-heavy Nasdaq Composite (^IXIC) both dropped over 1%, coming off a volatile but winning session on Friday. Growing uncertainty about the global trade landscape is unset ...
Oracle Corporation Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before April 6, 2026 to Discuss Your Rights – ORCL
Globenewswire· 2026-02-23 20:57
NEW YORK, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Oracle Corporation ("Oracle" or the "Company") (NYSE: ORCL) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Oracle investors who were adversely affected by alleged securities fraud between June 12, 2025 and December 16, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/oracle-corporation-lawsuit-su ...
Software Earnings Arrive. It’s a Crucial Time for the Industry.
Barrons· 2026-02-23 20:18
Software Earnings Arrive. It's a Crucial Time for the Industry. - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# Software Earnings Arrive. It's a Crucial Time for the Industry.By [Angela Palumbo]ShareResize---ReprintsSalesforce is scheduled ...
Play the ‘SaaS Apocalypse’ Selloff in Palantir Stock With This 1 Winning, Protective Options Trade
Yahoo Finance· 2026-02-23 20:02
Palantir (PLTR) shares have cratered 26% in 2026. And they’ve corrected a menacing 39% since November. But don’t fear an end-of-days situation for PLTR stock. Exploit it with a bullish married put spread. If misery loves company, PLTR stock is far from alone. A risk-off trade in software-as-a-service or “SaaS” stocks has taken Wall Street by storm. More News from Barchart There’s extreme worry that AI agents are displacing traditional layered or “seat-based” software subscriptions and are set to render ...
Black Swan’s Taleb Warns on Software Bankruptcies, More Volatility
Yahoo Finance· 2026-02-23 19:58
Photographer: Bloomberg/Bloomberg Nassim Taleb has a warning for investors: brace for escalating volatility and potential bankruptcies in the software sector as the artificial intelligence-driven rally enters a more fragile phase. To the author of the markets are underpricing structural risks while overestimating the durability of today’s artificial intelligence leaders. While AI will generate enormous profits, he cautioned that history suggests early pioneers are often displaced. Most Read from Bloomb ...
US stocks drop amid uncertainty over Trump's tariff plans
New York Post· 2026-02-23 19:51
Group 1: Market Reaction to Tariff Changes - US stocks experienced a significant decline following the Supreme Court's cancellation of a key part of President Trump's tariff policy, with the Dow Jones Industrial Average dropping 800 points, or 1.6% [1] - The S&P 500 and Nasdaq Composite also fell by 1.2% and 1.3%, respectively, as investors reacted to the renewed trade tensions and potential AI losers [1][6] - The dollar slightly dipped, while gold prices increased by $100 to $5,226.90, indicating a shift towards safe-haven assets amid market uncertainty [4] Group 2: Impact of New Tariffs - President Trump announced a new 15% global tariff under Section 122, following the Supreme Court's ruling that eliminated broad import taxes [2][3] - This new tariff policy has raised concerns among global partners, leading the EU to pause the approval of a recent trade deal with the US [3] - Economists from Goldman Sachs noted that much of the trade disruption had already been factored into major companies' operations, suggesting limited immediate impact on business investment [5][9] Group 3: Sector-Specific Performance - AI-related stocks faced significant losses, with CrowdStrike falling 8.4% and AppLovin dropping 8.2%, as fears grew over competition from new AI technologies [6][7] - Major airline stocks also declined due to adverse weather conditions, with United, American, and Delta falling by 4.8%, 4.5%, and 3.5%, respectively [6] Group 4: Economic Outlook - The 10-year Treasury bill borrowing rate decreased to 4.03% from 4.08%, reflecting a shift in sentiment regarding future interest rate decisions [8] - Goldman Sachs' research indicated that the effects of tariffs on inflation and growth remain largely unchanged, with most of the cost passthrough to consumer prices having already occurred prior to the Supreme Court ruling [10]