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Jim Cramer explains the market's 'year of magical thinking'
CNBC Television· 2025-06-12 00:10
Market Trends & Investment Opportunities - The market is experiencing a "year of magical thinking" where speculative stocks in space, quantum computing, and nuclear energy are thriving, despite many companies having little to no revenue [1] - Quantum computing is reaching an inflection point, driven by Nvidia's CEO Jensen Wong's revised timeline, leading to investment shifts from traditional stocks like Nvidia to quantum computing stocks [1] - Nuclear power is gaining traction due to the increasing electricity demands of data centers and the preference for clean energy, with companies like Oklo receiving government endorsement and contracts [1] - The IPO market is poised for a boom rivaling or exceeding 2021, driven by real ideas and opportunities for companies to raise capital, even those with no earnings and little revenue [3][4] Company Financial Performance & Strategies - Quantum computing companies are losing "gobs of money" and have almost no revenue, but their high stock prices allow them to issue new shares and raise capital [1] - Oklo, despite having no earnings and losing money, is offering $400 million worth of stock after being selected to power an Air Force Base in Alaska with a nuclear power plant [1] - Voyager Technologies, a space and defense company, launched a successful IPO, issuing 1235 million shares at $31 after initially planning to sell 11 million shares at $26-$29, and opened at $6975 [1] Risks & Cautions - The market's extreme speculation is reminiscent of the 1990s, with money being taken away from mainstream companies like Nvidia to fund companies with no earnings and little revenue [1][3] - Kroger stock is "rolling over" and investors are advised to buy in stages rather than all at once [3][4]
Rocket Lab USA, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. April 28, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-04-25 00:04
Core Viewpoint - Rocket Lab USA, Inc. is facing a class action lawsuit due to alleged misleading statements regarding delays in its planned barge landing tests and the potential impact on the Neutron rocket launch schedule [3][4]. Group 1: Class Action Details - The class action lawsuit represents investors who purchased Rocket Lab securities between November 12, 2024, and February 25, 2025 [1]. - Investors have until April 28, 2025, to file a lead plaintiff motion [1]. - The lawsuit claims that Rocket Lab failed to disclose significant delays related to critical potable water issues necessary for launch pad preparation, which would not be resolved until January 2026 [3]. Group 2: Impact on Stock Price - Following the publication of a report by Bleecker Street Research on February 25, 2025, which alleged that Rocket Lab misled investors about the Neutron launch timeline, the company's stock price dropped nearly 10% [4]. Group 3: Company Overview - Rocket Lab is an aerospace company that provides launch services and space systems solutions for the space and defense industries [2].
RKLB INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Rocket Lab USA, Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
GlobeNewswire News Room· 2025-04-19 15:00
Core Viewpoint - Rocket Lab USA, Inc. is facing a class action lawsuit alleging violations of the Securities Exchange Act of 1934 due to misleading statements regarding the launch of its Neutron rocket and operational delays [1][3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Bray v. Rocket Lab USA, Inc., and covers purchasers of Rocket Lab securities from November 12, 2024, to February 25, 2025 [1]. - Investors have until April 28, 2025, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit claims that Rocket Lab's executives made false statements and failed to disclose significant delays in their operations, including issues with barge landing tests and a critical potable water problem [3]. Group 2: Allegations and Impact - Specific allegations include delays in three barge landing tests, a critical water issue not being resolved until January 2026, and a substantial risk that the Neutron rocket would not launch as planned in mid-2025 [3]. - The lawsuit also mentions that the only contract for the Neutron rocket was made at a discount with an unreliable partner [3]. - Following a report from Bleecker Street Research on February 25, 2025, which claimed Rocket Lab misled investors about the Neutron rocket's launch likelihood, the company's stock price fell nearly 10% [4]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP is representing investors in this class action lawsuit and is recognized as a leading law firm in securities fraud cases [6]. - The firm has a strong track record, having recovered $6.6 billion for investors in securities-related class action cases over the past four years [6].
RKLB INVESTOR NOTICE: Rocket Lab USA, Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
Prnewswire· 2025-04-14 09:50
SAN DIEGO, April 14, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Rocket Lab USA, Inc. (NASDAQ: RKLB) securities between November 12, 2024 and February 25, 2025, both dates inclusive (the "Class Period"), have until Monday, April 28, 2025 to seek appointment as lead plaintiff of the Rocket Lab class action lawsuit. Captioned Bray v. Rocket Lab USA, Inc., No. 25-cv-01733 (C.D. Cal.), the Rocket Lab class action lawsuit charges Rocket Lab as w ...