LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Richtech Robotics Inc. ("Richtech†or the "Company†) (NASDAQ: RR) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON RICHTECH ROBOTICS INC. (RR), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On January 27, 2026, Richtech announced a "collaboration†with. ...

Core Viewpoint - A securities fraud lawsuit has been filed against Richtech Robotics Inc. and certain executives due to allegations of misrepresentation regarding their relationship with Microsoft, leading to significant stock price decline and investor losses [1][2][3]. Group 1: Allegations and Impact - Richtech Robotics' shares fell over 20% on January 29, 2026, after a report claimed the company misrepresented its relationship with Microsoft, describing a non-commercial engagement as a "close collaboration" [2]. - The report indicated that Microsoft characterized the engagement as a standard customer program without commercial elements, contradicting Richtech's public statements [2]. - The lawsuit alleges that Richtech's claims about its business and prospects were materially false and misleading, resulting in investor damages when the true details became public [3]. Group 2: Investor Eligibility and Actions - Investors who purchased Richtech Robotics common stock between January 27, 2026, and January 29, 2026, and experienced a decline in share value may be eligible to participate in the lawsuit [4]. - The deadline for seeking appointment as lead plaintiff is April 3, 2026, and investors are encouraged to contact Block & Leviton for more information [5]. Group 3: Whistleblower Information - Individuals with non-public information about Richtech Robotics are encouraged to assist in the investigation or file a report with the SEC under the whistleblower program, potentially receiving rewards of up to 30% of any successful recovery [6]. Group 4: Legal Representation - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors and representing many top institutional investors [7].

Core Viewpoint - A lawsuit has been filed against Richtech Robotics Inc. for allegedly making false statements regarding its collaboration with Microsoft and for missing its 10-K filing deadline, leading to a significant drop in share price [1][2][3]. Group 1: Lawsuit Details - The lawsuit claims that Richtech Robotics misrepresented its relationship with Microsoft, stating it had a collaborative partnership when it did not [2]. - Hunterbrook Media reported that Microsoft clarified that Richtech Robotics was merely a customer and that their engagement had no commercial element [2]. - The lawsuit also highlights that Richtech Robotics missed its extended 10-K filing deadline, raising questions about potential undisclosed deficiencies from NASDAQ [2]. Group 2: Market Impact - Following the allegations from Hunterbrook Media, shares of Richtech Robotics fell over 20% in intraday trading on January 29, 2026, resulting in significant losses for investors [3].

Core Viewpoint - Elon Musk questions the future relevance of saving for retirement, linking it to the rapid advancement of AI and robotics that may disrupt the labor market [1][6] Group 1: Impact on Labor Market - Musk believes that the first wave of AI disruption is affecting white-collar jobs, including roles such as lawyers, accountants, and coders, which were previously considered secure [2] - Following white-collar jobs, blue-collar work is expected to be replaced by humanoid robots and advanced AI, impacting sectors like manufacturing, logistics, and construction within three to seven years [3] Group 2: Economic Implications - Musk argues that the outcome of AI and robotics will lead to abundance rather than deprivation, as goods and services could be produced at near-zero marginal costs, drastically reducing prices for essentials like food and housing [4] - The concept of "universal high income" is introduced, suggesting a future where the cost of living decreases significantly, allowing people to maintain a high standard of living without traditional employment [5] Group 3: Retirement Savings Perspective - Musk's recommendation is to not prioritize saving for retirement, as he believes that if his predictions hold true, the need for retirement savings will become irrelevant [6]

NEW YORK, Feb. 04, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Richtech Robotics Inc. (NASDAQ: RR). Shareholders who purchased shares of RR 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/richtech-loss-submission-form/?id=183374&from=3 CLASS PERIOD: January 27, 2026 ...

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Richtech Robotics Inc. due to allegations of false and misleading statements regarding a supposed collaboration with Microsoft, which has led to significant stock price declines [2][5][6]. Group 1: Legal Investigation - Faruqi & Faruqi, LLP is encouraging investors who suffered losses in Richtech to contact them directly to discuss legal options [1]. - The firm has set an April 3, 2026 deadline for investors to seek the role of lead plaintiff in a federal securities class action against Richtech [2]. - The complaint alleges that Richtech and its executives violated federal securities laws by making false claims about their relationship with Microsoft [5]. Group 2: Stock Performance - On January 29, 2026, Richtech's stock fell by $1.06, or 20.87%, closing at $4.02, following a critical report questioning the company's Microsoft collaboration [6]. - The decline in stock price occurred amid broader market weakness, indicating potential vulnerabilities in investor confidence [6]. Group 3: Firm Background - Faruqi & Faruqi, LLP is a national securities law firm with a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [4]. - The firm has offices in New York, Pennsylvania, California, and Georgia, highlighting its extensive reach in the legal landscape [4].

Core Viewpoint - The article highlights the rapid development and market potential of the emotional interaction humanoid robot "AIQ" by Sichuan Embodied Humanoid Robot Technology Co., Ltd. (EIR), which has received nearly a thousand order inquiries since its debut, indicating strong demand in various sectors [2][4]. Company Overview - Sichuan Embodied Humanoid Robot Technology Co., Ltd. was established in September 2024 and launched its first commercial humanoid robot, "Tianxing 1," in December of the same year. The company has since developed multiple iterations, including "Tianxing 2," and the latest "AIQ," showcasing significant advancements in humanoid robotics within a short timeframe [4][6]. - The company anticipates annual revenue to exceed 100 million yuan by 2026, reflecting its growth trajectory and market confidence [4]. Product Development - The "Tianxing 2" robot features 55 degrees of freedom, enabling highly realistic movements and significant improvements in performance, perception, and spatial intelligence compared to its predecessor [6]. - The development of the "Tianxing" series demonstrates EIR's transition from general control to emotional intelligence in humanoid robots, marking a critical leap from laboratory validation to engineering implementation [6]. Industry Context - The global nylon market is projected to surpass $47 billion, with ongoing innovations in high-performance and functional nylon polymers driving new applications in sectors such as electric vehicles, electronics, and humanoid robotics [13]. - The upcoming "2026 Advanced Nylon Industry Innovation and Application Development Conference" aims to address challenges and strategies in nylon technology innovation and application development, focusing on emerging industries like humanoid robots [13][7]. Event Details - The conference will take place on March 19-20, 2026, in Guangzhou, featuring discussions on nylon's role in various applications, including humanoid robots, and will gather industry leaders and experts for knowledge sharing and collaboration [7][15]. - The event will include specialized activities such as a terminal supply-demand exchange meeting and a visit to Xiaopeng Motors, enhancing networking opportunities within the industry [18][17].

Core Viewpoint - Nanjing's Innovation Financial Reform Pilot Zone has significantly improved its comprehensive score from 82.46 to 95.49 over three years, indicating a strong enhancement in financial service capabilities and technological innovation [1] Group 1: Financial Service System Development - Nanjing has established 70 specialized organizations for innovation finance, creating over 200 exclusive products and forming a service structure characterized by specialized institutions and products [2] - The city has set up 23 innovation finance service stations and 9 university technology finance studios, serving over 10,000 technology enterprises and facilitating financing exceeding 30 billion [2] - A continuous roadshow platform has been created, with over 1,000 events held, facilitating financing of more than 10 billion [2] Group 2: Improvement of Financial Service Quality - A comprehensive intellectual property financial service system has been established, achieving over 40 billion in intellectual property pledges since the pilot zone's approval [3] - A special action for first loans to technology enterprises has been initiated, providing over 2 billion in first loans to more than 600 previously unbanked technology firms [3] - New mechanisms for investment and loan linkage have been developed, including innovative financing tools and policies to support agricultural technology development [3] Group 3: Direct Financing Development - A total of 52 funds have been established with a combined scale of 135.65 billion, including a 10 billion mother fund set up by a major group [4] - Policies have been introduced to facilitate mergers and acquisitions, with a target of 90 transactions and a total value of 44.92 billion by 2025 [4] - The issuance of technology innovation bonds has reached 17.64 billion, accounting for 33.4% of the provincial total [4] Group 4: Strengthening Technology Empowerment in Finance - Nanjing is focusing on digital financial infrastructure and has established joint innovation laboratories with major banks [5] - The city has launched a data asset fund of 1.5 billion and completed the first data asset-backed securities project in the country [6] Group 5: Supporting Industrial Technological Innovation - A high-level industrial technology innovation platform has been established, with a focus on key industries and technology transfer centers [7] - The software and information service industry has become a trillion-level industry, supported by long-term capital [7] - Nanjing has formed partnerships with leading companies in various sectors, achieving significant market shares in key technologies [7]

LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Richtech Robotics Inc. ("Richtech†or "the Company†) (NASDAQ: RR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. According to the Complaint, the Company made false and misleading statements to the market. Richtech falsely claimed to have a commerc ...

Market Performance - Wall Street showed moderate performance in January 2026, with the S&P 500 gaining 1.1%, Dow Jones up 0.9%, Nasdaq Composite increasing by 0.8%, while Russell 2000 declined by 0.7% [1] Key Events - President Trump's nomination of former Fed governor Kevin Warsh as the next Fed chair was a significant event, with Warsh known for his inflation-hawk stance during his tenure from 2006 to 2011 [2] - Geopolitical tensions rose due to U.S. actions against Venezuela and Trump's comments on Iran and NATO, contributing to market unease [4] - Japanese stocks reached record highs amid speculation of snap elections by Prime Minister Sanae Takaichi, who is expected to implement aggressive fiscal policies [6] - U.S. consumer confidence fell to its lowest level since 2014, driven by concerns over personal finances and inflation [7] Natural Gas and Weather Impact - Winter storm Fern impacted natural gas prices positively, with demand for heating increasing, leading to a 9.2% rise in the United States Natural Gas Fund LP (UNG) over the past month [10] - Economists project that the storm could reduce first-quarter 2026 GDP by 0.5-1.5 percentage points [8][9] Precious Metals - SPDR Gold Trust (GLD) increased by 7.2% this year but faced an 8.2% decline in the past week, while iShares Silver Trust (SLV) gained 10.2% year-to-date but dropped 26.1% recently [11] - The strengthening U.S. dollar, influenced by Warsh's nomination, negatively affected commodity prices, including gold and silver [12] Sector Performance - Breakwave Tanker Shipping ETF (BWET) surged by 92.5% due to increased freight rates from geopolitical tensions [13] - Robotics sector showed strong performance with Themes Humanoid Robotics ETF (BOTT) up 25.1%, driven by advancements in automation [15] - ASML Holding-Heavy ETF (ASMH) rose by 16.6% following positive sales guidance and strong demand in AI [16] - Franklin FTSE South Korea ETF (FLKR) increased by 15.5%, attributed to a strong chip rally and optimism around new technologies [17] - Sprott Uranium Miners ETF (URNM) gained 15.4% as uranium futures rose on speculation of high long-term demand [19]